Quote from: martina14 on Today at 10:20:34 PM

Quote from: Sliplop12x13 on April 27, 2021, 08:56:45 AM

Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.

Scalping is good if you know well how to manage it properly dude, but if not, I suggest you not to implement it in your trading activity, due to for sure you will end up only for loosing your assets. Meaning, it could be bad or good depending in your skills or knowledge. Therefore, scalping is viable for the experts only.

The bitcoin market is much more volatile than any other, anything is possible to happen, although the technical analysis usually fails 80% if you do not have the proper criteria, it may be that with "scalping" you can lose everything if you analyze the market with the same forex techniques, stock market, because the logic of cryptocurrencies and bitcoin is very different.

I would not venture into "SCALPING" in a market where I do not know it, I advise you first to read a lot about the logic of cryptocurrencies, what affects them, and what movements you should be careful, such as if you enter an altcoin you should First check the price of Bitcoin and analyze it because all the Altcoins depend on Bitcoin.