Cyptotrading
Risk low, Profit Low(Short term)
Topic: Is it easy to trade cryptocurrency? - page 3. (Read 425 times)
Withdrawal fees of cryptocurrency are too expensive...
The fee like Bitcoin is killing the merits of cryptos!
The fee like Bitcoin is killing the merits of cryptos!
Its only a matter of skills and learning if you master it, trading will be be easier and making money is more faster than trading in forex but it can take a lot time to master it you may encounter success and failures just learn from it.
Indeed low spread and no leverage in cryptocurrency trading but the fluctuacion is so high, so for me that not easy because with high fluctuacion we can loss big money though promising high profit. We should have best strategy to get consisten profit from it. With continue learn some strategy and also learn from the mistake before we can make our self become expert trader who can gain consistent profit.
yes it's easy but it's risky too
take care that don't sell cheap and buy expensive
study the market and follow whales
take care that don't sell cheap and buy expensive
study the market and follow whales
Yes easy to trade. But you know the trading price before trading. Price help to buy and sell the coin on time. So it any time to change the price. So you active all time. Trading is good opportunity for the peoples future growth and improve the business process. Trading process is connect the people. So people share more information and get some idea's for improve the business process.
yes it's easy but it's risky too
take care that don't sell cheap and buy expensive
study the market and follow whales
take care that don't sell cheap and buy expensive
study the market and follow whales
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
No it isn't, Ive been a forex and stocks traders in the past. I can able to tell the different among forex and crypto trading. We are trading centralized and a decentralized stuff which volatility is expected to be entirely different. Since you do ask about the spread then its not really like the same yet PIPs on crypto spread is on thousands of unit which isn't comparable to forex only 0-10 spreads depending on the broker. Profitability? I would say crypto would give the chance but it is more really risky than forex in my own view. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Andreas Hajpun
Is it easy? In what way "easy"? I would say yes, compared to stock trading or currency trading, it is easy, easier than one would think. Easy to create an account at popular exchange, easy to deposit money, and easy to loose your money or chunk of it.
I wonder if anyone has created any kind of manual for crypto trading ? At least to cover basics for people who want to get into it. I've had some experience for a little less than a year, have some knowledge. I might write one up soon.
qiman
You sound like you know something more than you said. Would be nice to know a little bit more in depth on private whale clubs. Do you have any info available to where find them or how to get in to one of these clubs?
Haha! Why not
Is it easy? In what way "easy"? I would say yes, compared to stock trading or currency trading, it is easy, easier than one would think. Easy to create an account at popular exchange, easy to deposit money, and easy to loose your money or chunk of it.
I wonder if anyone has created any kind of manual for crypto trading ? At least to cover basics for people who want to get into it. I've had some experience for a little less than a year, have some knowledge. I might write one up soon.
The biggest challenge for me is learning to be patient and waiting for the pump before I sell, and then being patient and waiting for the price to drop before I re-buy.
This is probably the main challenge in this "crypto trading" game qiman
You sound like you know something more than you said. Would be nice to know a little bit more in depth on private whale clubs. Do you have any info available to where find them or how to get in to one of these clubs?
Yes why not.. Use a trading site and watch analyzing charts.. you wold be successful..
Haha! Why not
Its difficult for me because i was learn some strategy of crypto trading in a few month but until now i can not reach consisten profit. The high fluktuasion make crypto trading unpredictable job and need more good strategy to reduce any risk.
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.
I think it is very easy to play trading cryptocurrency because we only buy and sell the coin we have just that not only that our assets will not be lost because the assets that we have safe in our own hands only the risk of being stuck in high prices alone but certainly along Her run time will also be off as well.
It is not that easy. The market is primarily manipulated by whales and the media so unless you are part of a private whale club or in the know with the manipulators, you either need to really be able to read charts and do fundamental analysis and also know the community and road map of the coin or token you wish to trade. At the moment the markets are primarily movng downwards and what most of the whales do is sell everything they have and part it into TETHER or FIAT currency in order to allow the markets to drop further so they can drive the price high enough to take profits regularly.
Yes why not.. Use a trading site and watch analyzing charts.. you wold be successful..
To exchange cryptocurrency is very easy and you can directly convert cryptocurrency to fiat currency. So you do not have to worry about the difficulty of swapping cryptocurrency, because it's very very easy.
It is easy to trade provided if in your country itself has an exchange which has many altcoins in that listed exchange. Thus if you can directly buy via fiat then you can buy that way else you can buy btc and than convert the btc into altcoin from such exchanges and than can buy/sell btc .
To exchange cryptocurrency is very easy and you can directly convert cryptocurrency to fiat currency. So you do not have to worry about the difficulty of swapping cryptocurrency, because it's very very easy.
Is it easy to trade cryptocurrency?
The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
Forex is not the same it depends what kind of exchange you do. And trading is not easy theres no easy thing unless you know it how to do and how to make money from it. To have an easy trade you need to learn more and almost make profut from every trade that you made. The spread is lower that forex or it is the same?
Comment down below your opinion.
Thank you.
yes, very easy to trade cryptocurrency, generally the same as trading currency. but to get a profit is quite difficult if you trade in the short-term
For really great tips in trading & reading charts join the Crypto Academy on Discord. The knowledge center is a pretty good read. Here is the link.
https://discord.gg/dVTp2kN
https://discord.gg/dVTp2kN
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.
There is no need to mix up things from two different world. The crypto currency trading is having its own set of rules due to state versatile nature. As there is no control over the crypto currency from any governing body as well as it can be vastly manipulated in no time that’s why it doesn’t depend on the ways of forex trades. On the broader perspective you should be fine if you know how does it work in here. All the decentralisation blue print is what you should focus on.
If you trading it, then there is versatile portfolio for you to trade. You can choose different analogies here and apply different scripts as and when you see the opportunities coming up front.
Whether the spread of crypto is same as the forex or not I do belive that it is not major concern if you just focus on the crypto.
Oh yeah man it's super easy. Is it easy to earn money by doing this? Only if you have a ton to work with, get the best fees and can just do arbitrage all day every day. If you're just trying to trade based on market movements it'll never be a sure thing and you should be very cautious with it. Short term nobody has a clue what's going to happen and bullshit TA won't help you figure it out either. If the price goes up it's because there are more buyers than sellers (in $ figures). If it goes down it's because of an inverse relationship. That's it. People like to make up reasons for why something went up or down because it's human nature, but in the end markets are so much more complex than, China bans Bitcoin = 20% dip. Okay but what if the SEC says who cares about Bitcoin let's leave it alone? That's not negative. So people in the US buy. People in neither of these countries make informaed decisions, and then the market decides where the price goes. Trading is complicated as hell. I've tried it and HODLing is just so much easier and more satisfying. Good luck.
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.
Trading will not be easy on any type of market.
Spread will depend on the exchange you are sign up with.
If you compare it to forex for me it is easier to compared to forex but crypto currency market is not for the faint of heart this is the only market that swings from north to south in an instant.
Jump to: