Post
Topic
Board Trading Discussion
Re: Is Scalping even viable in Cryptocurrencies?
by
conected
on 06/05/2021, 18:35:17 UTC

it's viable but this is if you are up to grab thousands of the coins to which you also need to have more than millions of them. this is why doge was a good coin to trade back in the days when its price was less than a cent.

one could probably accumulate more millions of doge that time on the 5minute chart when you just know how to read the charts. but if you don't have enough capital to do this, might just do the leverage trading.
- My feeling about the leverage is a bad plan even if we adjust it to the lowest level, all the pressure to buy and sell does not make us safe, especially small coins like doge, it is really a kill of those who like to trade with the leverage, too little capital should not risk this way, we can follow the usual hold strategy, profits will also come in the most conventional way. For the scalping strategy in this market, it is only viable and the real potential when it falls into the right hands of professional investors and traders, they know how to read small charts and process data