Hi guys I know there are some crypto trader who trade on stock marker before any difference from the 2? Me i do stock trading before but due to limited time on trading per day I shift full time in crypto trading which has a 24/7 trading sched with no noon break no holidays and week ends. The risk here is very high compared to stock market trading but the opportunity to earn here is way to high also.
The biggest difference I found during my transition was that technical analyze is not applicable to any altcoin, except ETH maybe... Because most of the coins have very small overall cap and could be easily manipulated by any group with resources.
So be careful and don't over-trust your analyses.
I agree alt coins with less market cap can be easily pump + Hype and speculation with trader sentiments can make its price surge to even several folds of its ICO or introductory price. As we are experiencing bearish season for crypto market expect lot of newbies who entered last November and December may loss their investment considering during those time most alt coin and bitcoin were registering all time high.