I'm starting from trading Forex and HangSeng Index.
But since cryptocurrency being trending, I choose crypto cause its very simple to do, and theres many challenge on it
Topic: Is it easy to trade cryptocurrency? (Read 425 times)
I think it's easy, if you have the right strategy, you can earn almost 100% of the profit. Of course, making a profit of 20 times out of 20 is not so easy, be prepared for losses. That's why I do not recommend buying more than 50% of your capital.
Will be easy and profitable if you can manage emotions and have best trading strategies, crypto trading actually promising high profit because the flucktuacion so high and in a month we can make profit up to 100% . Now we need only best strategy and best risk management to reduce any risk and should be focus on that.
Its not that easy. It can make you millionaire or can ruined your life in days. If you have no experience then I would suggest to make a grip first.
It's not easy than Forex, but i can tell you it's more profitable. You can trade non phycically avaible products that you don't have in Forex, but you can't do that unless you have your coin or token in crypto market.
No its not easy to trade Cryptos regardless if its a bearish market or bullish market. With only one negative news, it can make a huge impact in the price of Alts or Bitcoin. Those whales even make it unpredictable. Pump and dump groups adds to the factor on making it hard to trade. But, with all those being said, it makes trading Cryptos very rewarding that is if you have the right alts at the right place and at the right time, your money can grow 2X or more.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Well, trading per se is easy. I am pertaining to the process; however, talking about if your trades would be good trades is a different animal on its own. Many people in this market, even the seasoned and experienced ones, have lost more assets than anyone could imagine in trades. The thing about the cryptocurrency trading market is that it has a lot of alleys for you to pick those deals that may seem good at first, but with a right mix of market movement, would turn out south and result to losses. Thus, taking trading lightly would not do you any good.
It is relatively easier to trade cryptocurrencies in my opinion but the extreme price volatility makes it difficult for one to make the best out of it.There are several currencies to choose and trade with and thus a larger spread but down times are always inevitable as we currently see.
My opinion is that, Crypto trade is not easy for everyone. Especially crypto trade is too hard for Newbie. There are many reason in behind that. Trading means not only buy in low price and sell in high price. Need enough technical analysis knowlede about coin chart and learn how to mange emotions. Another important thing is patience and nobody will be a good trader without patience. Also important is choose good coin and need diversify all investment.
Its not easy to trade in crypto currency market which is highly volatile.
Buy and sell is easy but the hard thing is to know what and when to buy. The cryptomarket is very volatile, so if you are planning to do trading always put into your market what action you will do. Make your study about the specific coin and focus on your trading goals.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Crypto currencies are actually best to trade as compared to the forex trades etc. This platform gains advantages of different types of trading methods such as day trades, swing trade, hi-lo trades and much more. Besides this the market is open 24/7 and all 365 days and so as to your earnings and money never sleeps here. Other markets in the world works for 5 days only and many times they are close on the important days of the years. So you see here grab the opportunity of timing and thus can keep getting trades daily without missing anything.
Is it easy? Well that questions depends upon many thing such as whether you are talking about buying low and selling high kind of trades or is it day and swing trades. The volatility could get your trade very difficult and thats it depend upon the method you choose.
Trading cryptocurrency is easy if we have good knowledge and good skill of trading and we must learn how to analyze market also, always learn mistake from our trading. Because trading need experience before so we can learn from it, there's have passive way and easy trade to trading we just hold bitcoin and wait until the price rise.
If it talks about cryptocurrency it talks about money. Perhaps the problem for some people who had an interested in this type of currency they are disillusioned by some points like for example if you just want to have a business without studying, within a few weeks your business will totally corrupt. There's a chance for everything and it's just like learning a course just running through your minds
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
There's no easy in trading a crypto or even forex. Forex is quite differently designed how forex and crypto in trading. I only know forex it is more on making a goodness technical analysis and more on fast earning which can happen in a minutes only a big return also is included. Crypto trading is way more easier than forex based on my co traders but the profits that can be gained in forex is bigger than crypto assets. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
It is easy to trade cryptocurrency here is necessary experience. I trade in long-term perspective and I receive a good profit
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
I do not think commercial cryptocurrency is easy. Any business has its difficulties. You can see the crypto market is always cyclical and you think it will be a good opportunity for you to get rich. I suggest you look more broadly at the issue, behind the price fluctuations that whales have upset the market. So the cost of all the altcoins will follow the instructions whale suggested. Doing business in the crypto market is a lot of risk, to minimize the risk you need to learn more from the bitcointalk members. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
No one will say trade with cryptocurrency is easy, specially for newbie ( like me ) and people who ever get lost. Trade with every product ( currency,commodities, crypto ) is same is every aspect the different is how people create their strategy to make money. Spread is lower than forex maybe yes but how you can make money is more important than spread. Try it with real money and see what happen, ready?
For me it is a difficult task, we need to have a lot of knowledge, understanding every aspect of cryptocurrency especially when we do trading. In order for us to be knowleadgeable about trading we need an actual trading, we need to experience on how to trade, there is more knowledge when we actually do a trade rather than reading.
Learn on how to read buy and selling orders, it is very important in trading.
There are many trading strategies in youtube you can watch.
Learn on how to read buy and selling orders, it is very important in trading.
There are many trading strategies in youtube you can watch.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
I think it is easier in forex because the information obtained from clear sources there are many and more easily available but forex takes a lot of my time so I decided to go out and switch to crypto, in cryoptco I do not have many sources of information but when viewed from a corner I see that forex and crypto are much different. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Right now cryptocurrency trading is easier than ever, and anyone willing to take the risk and jump on this wild ride can easily make some good profit from this market, even if you are still new all you you need to do i go with the flow, look for what people are currently trading and invest in the top three coins in the market be paitent,and you will be on your way to making some easy money, but keep in mide that there are always risk involved, so don't invest all you have. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
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