Post
Topic
Board Trading Discussion
Re: Is Scalping even viable in Cryptocurrencies?
by
unusualfacts30
on 15/06/2021, 05:24:43 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.

I haven't found scalping in crypto to be much helpful. In forex you have ability to sell large chunk at preset price without compromising your order by selling in small pieces. In crypto, order book is filled with small orders and there is large fluctuation in price, plus you have fees.