Does stock trading work the same way as bitcoin trading?
Stocks and cryptocurrency trading are almost the same, when you do technical analysis you do it the same so if you have experiences trading in stocks it would be easy for you to trade in cryptocurrencies but there are also some difference between them, like cryptocurrency market is more volatile compared to stocks (more risk but possible to get more profit), stock market is regulated by centralized authority while cryptocurrency market is decentralized and not/less regulated that is why cryptocurrencies price depends mostly on demand and supply. Fundamental analysis is not applicable in cryptocurrency. 
Topic: trading - page 3. (Read 475 times)
Does stock trading work the same way as bitcoin trading?
yes and no.
the basics are the same. you do some analysis and then buy low and sell high and pay fees and taxes and everything in between.
but when talking about stocks, you are dealing with a company, you can research it much easier and because it has been years and years that many companies existed and their shares were traded, things are not that unpredictable.
but bitcoin is new, and it is on the way to adoption. it is still pretty similar to a new company (imagine Apple in early years) that is going to the moon. but it is still more unpredictable because it is new.
I think yes but the volatilitas of each market is very different, the volatility of crypto will be higher than stock so bitcoin trading is high profit with higher risk than stock. And in Bitcoin trading sometimes the technical analysis does not work.
Does stock trading work the same way as bitcoin trading?
Well it is more similar with FOREX since they are both currency, But if you are already trading stock it will be easier for you to learn how to trade currency. You might already know the basic of trading and if you already know how to read charts it will be a plus for you.
Also you can see right away the difference on their volatility. In crypto currency trading prices goes up and goes down instantly while on stocks sometimes you need to wait for days and some cases weeks or months to get a decent profit.
In stocks I usually use a daily and weekly view but in crypto currency a weekly view is comparably a year in stock charts.
Does stock trading work the same way as bitcoin trading?
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