Post
Topic
Board Trading Discussion
Re: trading
by
pugi2
on 18/12/2017, 16:53:17 UTC
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.

It is easier to learn cryptocurrency trading when you already know how trading in stock, like you said.
I think all the same. We get profit when the price goes up. But just volatility of crypto is higher.