scalping Bitcoin vs. other assets

[david678345]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.
What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

Is it possible to trade NASDAQ on bingx or bitget? in copytrading I am following a trader on bingx who is trading USTECH/USD but I don't see it as a pair in my perpetual futures account.

[1715139350]

1715139350

[1715139350]

1715139350

[1715139350]

1715139350

[passwordnow]

Is it possible to trade NASDAQ on bingx or bitget? in copytrading I am following a trader on bingx who is trading USTECH/USD but I don't see it as a pair in my perpetual futures account.

NASDAQ is a stock, bingx and bitget are crypto exchanges. If you want to trade NASDAQ then you proceed to the exchanges or brokers that deal with the US stock market and one of them is etoro. ~> https://www.etoro.com/discover/markets/stocks/exchange/nasdaq

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.

Better not to scalp bitcoin, best approach on it is to go long term just as what you might do with nasdaq.

What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

Just visit these lists:
https://coinmarketcap.com/rankings/exchanges/
https://coinmarketcap.com/rankings/exchanges/derivatives/

[logfiles]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.
What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

You posted in the wrong board, perhaps that's why you are not getting the required responses in time. Move topic to Trading discussion board.

pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.
Pros:

1. Bitcoin and other crypto assets are more volatile, makes scalping easier
2. Bitcoin and other crypto markets are always open regardless of the time or day, unlike stocks

cons:
1. Volatility can also drain your account in minutes if you don't have a good risk management strategy.

Is it possible to trade NASDAQ on bingx or bitget? in copytrading I am following a trader on bingx who is trading USTECH/USD but I don't see it as a pair in my perpetual futures account.

it's possible to traded NASDAQ on bingx. Bitget/ No

But do you see any NASDAQ trading pair?

NASDAQ is a stock, bingx and bitget are crypto exchanges. If you want to trade NASDAQ then you proceed to the exchanges or brokers that deal with the US stock market and one of them is etoro. ~> https://www.etoro.com/discover/markets/stocks/exchange/nasdaq

NASDAQ can be trade on Bingx

[PX-Z]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.

Pros: Like other pros in bitcoin trading, as bitcoin is too volatile scalping could be very easy and profitable but still depends in your skills, risk management strategies.
Cons: same like any crypto trading, volatility as it could be a pros, it could be a cons especially in a bear market. But for todays market i guess you could be fine just still depends on your trading skills.

[dragonvslinux]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.

The obvious pro is that Bitcoin is generally more volitile than other assets, so whether long or short, there is more money to be made than traditional stocks, or alternatively lower leverage is required to get the same gains you would need from traditional stocks. Then the obvious con is increased volatility generally means less liquidity and therefore a less predictable market (at least on short-term time-frames).

What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

You could try some of the bigger cap altcoins, because generally they are even more volatile than Bitcoin, but again the risk of that this comes with a much less predictable market due to less liquidity.

[adaseb]

If you really want to trade the nasdaq 100 then you should open a stock brokerage account like Robinhood and trade it there. It will be much much safer since your funds are insured. If you need some leverage you can get 3x margin or trade the leveraged ETFs. If you want to go degen then you can always trade the options for nasdaq.

In my option trading crypto is easier because there is more transparency. With stocks you are going against very large instititions that have more knowledge and money than you. Hence it’s a lot harder to make money that way.

[Yatsan]

Bitcoin over other assets? Difference is with the rate of increase. One is having a higher one but with higher risk while the other is the counterpart, most likely. This will now be depending on investor's preference. As we all know, higher risk means higher profit. But bottomline would be if you can endure the negative outcome from biting high risk. If you are into less risk, but lower returns, then stock and other assets such as in the field of real estate. It is for me, generates a more assured profit but for a longer period of time of waiting for return. Some investors are looking of instant profit which pushes them to go beyond their loss tolerance or the amount they can afford losing.

[taufik123]

Comparing Bitcoin scalping with assets that are not crypto is quite different, The volatility alone is different.
There is no faster fluctuation than crypto. If you compare Scalping between Bitcoin and Altcoin, it will match and can be compared to which one is better.

NASDAQ assets will not have price fluctuations like Bitcoin, more likely to run slowly.
But if in crypto such as Bitcoin and other altcoins, it has high volatility, with a larger number of transactions, thus providing fast profits on scalping.

And you also said that you do Copyrading, this does not match what you will do.
Scalping does not use any copy trading, it is a manual method of fast trading, utilizing every market movement to make quick profits.

[passwordnow]

NASDAQ is a stock, bingx and bitget are crypto exchanges. If you want to trade NASDAQ then you proceed to the exchanges or brokers that deal with the US stock market and one of them is etoro. ~> https://www.etoro.com/discover/markets/stocks/exchange/nasdaq

NASDAQ can be trade on Bingx

Thanks.

Bitcoin over other assets? Difference is with the rate of increase. One is having a higher one but with higher risk while the other is the counterpart, most likely. This will now be depending on investor's preference. As we all know, higher risk means higher profit. But bottomline would be if you can endure the negative outcome from biting high risk. If you are into less risk, but lower returns, then stock and other assets such as in the field of real estate. It is for me, generates a more assured profit but for a longer period of time of waiting for return. Some investors are looking of instant profit which pushes them to go beyond their loss tolerance or the amount they can afford losing.

There have been investors in the other markets that have been trying to get into Bitcoin and all they want is to trade and not to do what most are doing which is holding. There's a difference between doing it and having the transition that one has to make for the adjustments. It's true that those other markets are lesser in volatility but sometimes, they're also as volatile as Bitcoin. But it's interesting to wait what OP has to say on this one if he comes back.

[wxa7115]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.
What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

Is it possible to trade NASDAQ on bingx or bitget? in copytrading I am following a trader on bingx who is trading USTECH/USD but I don't see it as a pair in my perpetual futures account.

There is no difference, if you want to scalp bitcoin then do it, just make sure that you know how to do it and you can obtain profits with it, however I will admit that scalping is not really up to my liking as you need to set tens or even hundreds of trades in a single day and to me that is simply too much.

As you are spending a great deal of time and money for a very slight increase on the profits you can get, while at the same time this increases massively the number of taxable events, something which is not a problem for those which prefer to hold their coins for the long term, and depending of the place where you live you could even gain a tax exemption if you hold for long enough.

[Nrcewker]

I won’t suggest Bitcoins for scalping. As scalping is done to make quick profits in short amount of time, but Bitcoins are specifically best for long term holding or trading. If you want to do scalping then choose a coin which have high possibilities to give you profits. This also signifies that with high profits high risk of getting losses also come. So if you can handle the loss, then go for scalping altcoins whose price increases or decreases a lot. Bitcoin scalping won’t give you desired amount of profit.

[DeathAngel]

I don’t think scalping is a good idea in any way, shape or form. I don’t think short term trading aka day trading is a good idea. It’s the best way to get burnt & end up trapped on the wrong side of a trade.

My advice is boring but effective, you should buy & HODL. Patience will always reward you.

[logfiles]

I won’t suggest Bitcoins for scalping. As scalping is done to make quick profits in short amount of time,

I don’t think scalping is a good idea in any way, shape or form. I don’t think short term trading aka day trading is a good idea.

Scalping is actually great if you know what you are doing and have good risk management discipline. Different scalping technics also work well in sideways markets, and Bitcoin market has been about that lately.

The biggest problem to me with scalp trading is the screen time, It takes a lot of time and maybe the trading fees, they become significant if the leverage is so high with the take profit set on small price movements. For the screen time problem, I think it's much better when one has a scalping bot set up.

[sheenshane]

I think this will depend on your preference or knowledge and skills about the asset and the availability of suitable opportunities.
Another factor also is the platform that you've been choosing and how reliable it is.

For Bitcoin, as I said if you have a good knowledge of it then, there's an opportunity to make a potential profit by scalping since due to its volatility, Bitcoin can deliver quick profits if the scalping strategy is executed effectively, that's the pros on it.
However, the cons would be the volatility of Bitcoin can work against scalpers, as sudden price reversals may lead to significant losses if not managed properly.

That's why many people prefer Bitcoin investment for the long term, not the short term, and purchase it by using the DCA method which is a nice move.

[yhiaali3]

I have not tried stock trading but I have read a lot about it, from what I know stock trading is very risky and you can lose all your money. For me Bitcoin speculation is easier and safer.

Personally, I do not prefer to use scalping to trade Bitcoin because I find long-term trading more profitable, but I do use scalping to trade some very volatile altcoins where small numbers of volatility can be taken advantage of.

[adaseb]

Scalping is basically very short term trading. Basically you enter a trade and you leave in 5 minutes or like an hour. Usually it’s a type of day trading. You do it to make as much money as possible with least amount of risk because your stop is right.

Basically you buy ETH and use a $1 stop from entry and if you are right you get out at 5-20 moves on ETH. But you normally use high leverage for this since your stop is very tight.

[michellee]

I have never tried to trade scalping other assets and only use crypto. During this time, before I scalped, I would keep an eye on the market conditions and if a Bitcoin trade had a good move, be it up or down, that could be the time to trade.

But sometimes, some altcoins can also move well and be used as scalping trades but that must be analyzed further to find the coins. Scalping trades are not easy because, in addition to price movements that have to go up and down as often as possible, we also have to prepare a certain amount of capital to start.

And this scalping trade can be prone to high price traps because it could be that after we buy, the price will immediately drop to the bottom and stay there for some time. If this happens, we have to wait until the price can go up and give us a profit. That is why this scalping trade is also a difficult trade for beginners.

[EarnOnVictor]

First, this topic should be under Trading discussion, not Speculation, you might want to tell the moderator to move it for you. And as for your question, Bitcoin and NASDAQ could be traded in any way possible, it depends on the trader's style, and the trader must know the assets moving power to be able to ascertain the best strategy that fits them.

Bitcoin is less volatile in most cases compared to NASDAQ which is often excited. This translates to how best a certain scalper enjoys their scalping whether it's with a slowly moving market or a volatile one, the choice is yours.

[CarnagexD]

What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ.
What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?

Is it possible to trade NASDAQ on bingx or bitget? in copytrading I am following a trader on bingx who is trading USTECH/USD but I don't see it as a pair in my perpetual futures account.

Scalping bitcoin or other crypto is a headache for me because of its volatility. If I want to trade it, I may use 15m or 1H time frame.
Any broker will do trading Nasdaq however I am not yet familiar with copytrading and following other trader's analysis. I won't recommend it.

By choosing other asset or instrument and platforms, always consider the spreads specially if you are scalping.
Other than Nasdaq, you can have Us30 Dow Jones, Us500 S&P 500, you might also want Gold and US Oil if you want the volatility.

[SamReomo]

The pros of Bitcoin scalping are much higher than its cons. The first pro of Bitcoin trading is its volatility, and if someone masters that thing then Bitcoin scalping can be very profitable for that trader.

Another pro of Bitcoin for scalping is its huge marketcap, because even though it's prone to volatility but due to that big marketcap, its price can't move with a single persons command and thus it works best for scalpers.

A simple con of Bitcoin scalping is the news trend and that thing can sometimes work as a disaster because the news can move the market so quickly that even well strategic, and best planned trades can go wrong.

I recommend you to find some good altcoins for scalping as they might be better than Bitcoin for scalpers. I recommend you to do scalping with ETH, LTC, BNB, and other well known altcoins with good marketcap and huge ecosystems. I won't recommend you to trade the pump and dump altcoins for the purpose because they can be really harmful for your capital.

I won't recommend you that copytrading thing because it's not a good choice to follow someone blindly. The other traders that you're copying might be the cause of huge losses for many traders who copied their trades. It's always better to learn trading, and specially if you want to do scalping then learning the concepts of trading is a very important thing.