Post
Topic
Board Trading Discussion
Re: Is Scalping even viable in Cryptocurrencies?
by
TheGreatPython
on 02/05/2021, 19:47:16 UTC
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.
I don't think anything there in scalping strategy to manage properly because it is kind of quick buying and selling and cannot make use of any strategy due to lack of time to take proper decisions. In my opinion, scalping is nothing but blind way of trading. Moreover it can be compared with the way of gambling.

Yeah, scalping is just a way of gambling to test your luck factor. If your trying for 100 times, and if you are able to hit profits for at least 50 times then I guess you can end up your day in profits with scalping strategy given that you are paying least to no fees to exchange/broker (I heard some exchanges are offering huge discounts when you show good monthly volume).