Is DAX 30 as volatile as most cryptos?

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: xpinvest on September 03, 2019, 03:26:51 AM

I've been doing some research on DAX 30 (German stock index) and have found that most day traders love it because its comprised of a smaller group of stocks and is quite volatile. Do any crypto traders have experience with it? Is it something that people would recommend trading vs. like a NDX?

Best
Paul
(xpinvest.io)

Checking out that DAX 30 youre saying here https://www.investing.com/indices/vdax-chart i did see that it do really have that higher volatility compared to other stocks and it is really good for scalping but seeing those -4% down is just a piece of a pie if you do compare it here on crypto.
Just like been said above this isnt a good place for any stocks or forex trading yet we know the differences of fully centralized and a decentralized one and
we know that this forum been created for crypto talks so its normal on setting aside about stock and forex talks.Lastly you are just simply indirect advertising your site xpinvest.io

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

This forum may not be the best place for you to ask this question. This is because cryptocurrency users are generally staying away from stocks because they are "centralized", controlled by banks and so on.

If you ask me the market for stocks is more regulated and so huge swings of price are generally going to lead to problems for the traders to trade at ease. You say that most day traders love this index, but are you sure that the source is not a biased opinion trying to drive the price up and can be trusted? This market is not about trust which I am sure you already know and manipulation in all sorts exists. Small stocks for day trade, bigger ones for long term is a common concept. Does not necessarily mean that you must invest in those stocks.

xpinvest

newbie

Activity: 13

Merit: 0

I've been doing some research on DAX 30 (German stock index) and have found that most day traders love it because its comprised of a smaller group of stocks and is quite volatile. Do any crypto traders have experience with it? Is it something that people would recommend trading vs. like a NDX?

Best
Paul
(xpinvest.io)

Topic: Is DAX 30 as volatile as most cryptos? (Read 85 times)