There is a lot more volatility in crypto markets compared to stocks. Also, for the most part and with some pretty minor exceptions... bitcoin markets are hardly regulated. There are hundreds of tiny exchanges and any of them could disappear in an instant along with many coins. But mainly, there are large exchanges that are used more frequently and are safer.
And a huge dynamic to consider is how much all coin values are --still-- tied to the value of bitcoin. This is due to the overall liquidity of bitcoin to fiat and the lesser liquidity of other coins. That is, if you have altcoin-X and want fiat you usually have to convert to bitcoin first although there are more options today than there were in the past. Ethereum is one alternative option. However, market confidence still follows bitcoin value.
Topic: Stock Market and Bitcoin - page 5. (Read 652 times)
The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
The concept of FOREX trading is not differ from Crypto trading. In fact, these two both trading industry have similarities in using graphs, Technical Analysis and transaction. The only difference for me is that, bitcoin is more volatile than in FOREX. It's price rapidly can move up in just a couple of hours. I think also that crypto trading is more profitable than Stock Market.Actually the Forex market is volatile as well but the volatility of Bitcoin is really crazy. The OP seems he is familiar trading stocks and he can take advantage of Bitcoins volatility. Also because of the volatility in this market you can earn 10x more profit (possibly more) in the crypto currency market if you compare it in the stock market.
Now the pump and dumps issue. Stocks has been the market for a while and very big whales are already in this market for a while. With crypto I think whales are fewer in this market.
The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
The concept of FOREX trading is not differ from Crypto trading. In fact, these two both trading industry have similarities in using graphs, Technical Analysis and transaction. The only difference for me is that, bitcoin is more volatile than in FOREX. It's price rapidly can move up in just a couple of hours. I think also that crypto trading is more profitable than Stock Market. The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
Imho, while the principles are the same, there's one big difference: crypto market is not regulated.
The result is that pump and dumps or other forms of market manipulation is still there and can burn you.
I agree, this is the only negative side of crypto currency market.
For the topic Yes there is a lot of similarities when trading stock market and trading Crypto currency but Forex trading is actually more similar.
Technical analysis is the same but it may surprise you that only a few people who trade in crypto uses technical analysis.
I think you just need to study which coins are worth it to buy.
I think there is nothing that can apply to Bitcoins other than the new that hovers Around ..
Bitcoins is not something that you need to predict because you can't .. its dependent on investors and the government actions this is what I think, others might think it's an entirely different issue.
But you should learn about the blockchain technology and stuff that is something thats important if you are into starting something with it.
Bitcoins is not something that you need to predict because you can't .. its dependent on investors and the government actions this is what I think, others might think it's an entirely different issue.
But you should learn about the blockchain technology and stuff that is something thats important if you are into starting something with it.
The similarities i guess that you play the game the same way. Since crypto currency trading is structured much more like stocks. There is also trends to look for, projections, and others to look into. But not like in stock, we have a specific value not points for our exchanges.
The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
Imho, while the principles are the same, there's one big difference: crypto market is not regulated.
The result is that pump and dumps or other forms of market manipulation is still there and can burn you.
The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
Some basic principles of stock market trading apply to bitcoin and crypto currency trading. There are major differences between the two, however. Quarterly earnings reports, projected earnings, P/E ratio, dark pools and HFT high speed algorithmic trading, etcetera.
Gold, silver and precious metal trading could be a better fit for learning to trade crypto. Although it must be acknowledged that there are many aspects of bitcoin and crypto which are unique and can't be compared to precious metals, equities or commodities trading.
The best strategy for trading crypto could be long term buy and hold. Especially with crypto that is undervalued. Buying and holding crypto before the value of bitcoin increases almost guarantees profits of some type. The worst time to buy is before bitcoin declines as that tends to drag down the value of all other crypto with it. Bitcoin's price rising and falling could be one of the best and most difficult variables in timing trades.
just like any other trading. only here that makes bitcoin so different is its fluctuating price, so its price changes so fast and will never stabilize.
Stock market and Bitcoin trading is almost similar to its other. We have investor on the said project, it is globally accepted in the trading market. People look into the phenomenal entry of crypto currency market as its posted on ICO somewhere in 2008 by Satoshi. Decentralized transaction on trading of Bitcoin with out the use FIAT or paper trail give more room for investor to transact business easy and effective. Once the issues on Banned,Scammer,Regulation are address we can see the better participation of global market on crypto currency,This is the alternative way of investment and the possible future safe and fast business transaction which is soon to be adopted globally.
The concept is the same... However, cryptois can be bought or sold 24 * 7 as opposed to stokes on the stock market
just like any other trading. only here that makes bitcoin so different is its fluctuating price, so its price changes so fast and will never stabilize.
The concepts from stock market are applicable for trading Bitcoin ? Or I have to study crypto market specifically?
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