Quote from: pawanjain on Today at 05:08:36 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 a good way to gain profits from short term price fluctuations. Scalping needs some good fluctuations and crypto market is known for that.
But the thing is that you will have to be really good at it and determine your strategy from various timelines.
It's a little difficult to predict in which direction the crypto trend might go.
You can keep monitoring the current crypto market and see if your strategies are working well for you by putting in a very little amount.
Practice for a while and see if it's good for you and then you can decide how to proceed.

You need to engaged yourself in this kind of strategy, scalping is good if you are very familiar with certain events. Crypto market is a well known place for high volatile movements.

Earning is very possible using this method if you know how to position yourself, timing is very important and it can be gained by keep practicing.

Small amount of losses but the learning that you gained is well enough to comeback much better day trader, all depends from you.