Post
Topic
Board Trading Discussion
Re: Is Scalping even viable in Cryptocurrencies?
by
awik p
on 09/05/2021, 15:06:32 UTC
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.
If you really can make profit and comfort, i think just use it. Scalping, day trading, mid term trading or holder, anything as long to make people harmed can be used in trading. Each people have their own way and not be a problem for others. Like me, i can't do day trading, or even scalping, and as long holding made me better, i choose holding as my trading strategy.
the main purpose of trading is profit, and everyone has their own style, as long as they are comfortable using it. but for beginners I suggest not to use scalping right away, because it takes up time, thoughts, and psychology. we have to be patient to reach that level, and most importantly practice continuously