Post
Topic
Board Trading Discussion
Re: Trading crypto is a different ball game
by
Oilacris
on 11/09/2020, 22:24:18 UTC
Yes, the cryptocurrency market is a different animal. It is very volatile as of the moment and you were been trading on other markets like stocks, you get shocked into this space.
Main reason why most banks and major traders are not in to it yet. It needs to become stable to get big sharks to it
Then we will have to wait for a very long time, people complain about the volatility of bitcoin but this is what the volatility of a free trading asset looks like, stock markets are not really free, they have a bunch of regulations to reduce the volatility especially when the market is going down and those measures are impossible to apply in something like bitcoin, so anyone interested in this market will have to accept it or simply refuse to participate, after all we do not really need anyone that does not really want to be here.
Would like to say the same thing on which theres no one who do forces you out to make investment or do get involvement with crypto.This isnt like with forex and stocks

when it comes to movement and regulation aspect.As we know that this is indeed a free market which no one can really dictate out on how prices do move.There might be some other

factors that can give out effects but not really that much considering that this market is composed of big community.Trading crypto is indeed different and if you do get

used to traditional markets then you will see that difference.