Having been doing the crypto investing and trading for 2 months now. i am well into it.
i never ever really got into stock trading much, other then long term
or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format?
what are the similarities and differences?
look forward to all your kind replies
There is a similarity with the basics of trading between the two but in a fundamentally sound aspect crypto trading is a lot better than stocks trading, prices are more volatile in crypto trading than stocks trading, there is an advantage for some countries that do not impose taxation on trading of cryptoccurency while in stocks trading all ( it must be all) of the countries has taxation on that one, it's easier and more convenient to trade stocks trading via exchange websites than local stocks exchange. One thing only gets in my mind that stocks trading is better than crypto trading which is stocks are backed by an assets of the company and you earn passive income through dividends.