Quote from: Silberman on Today at 09:24:45 PM

Quote from: nur rochid on September 27, 2021, 06:27:08 AM

Quote from: Silberman on September 26, 2021, 08:47:56 PM

Quote from: thesmallgod on September 25, 2021, 03:25:39 PM

There are similarities so also are some differences. The best way to learn crypto trading is to first read crypto trading textbooks. This will give you an in-depth understanding of some basic cryptocurrency terms, tools and other important things you will meet when you open a crypto trading account. You can check some of the threads I created on crypto ebooks. Once you know the basics, then you need to start by using a demo accounts. There are many platforms that offer a free demo account.

I do not really see the need to read books specialized in trading cryptocurrencies, trading is trading and the same concepts apply to all the markets, as an example while the volatility in this market is extreme any trading system should have taken this into account from the very beginning and if this was not the case then the trading system that such trader was using was incomplete, and they would have failed in any market anyway as eventually they would have made a trade which exposed themselves to too much risk.

Basically, forex and cryptocurrencies have the same technical analysis, but both have different sides to fluctuations. Crypto has high fluctuations, so it will be easier to make a profit and similarly to swallow losses it will be easier too. but for investment opportunities I think crypto is more promising, because there are still few people who understand and have great opportunities in terms of technological developments

Agreed, which is why I prefer this market over any other, not only the volatility is greater which is great for those that are interested in short term trades, the long term opportunities are better as well for those that are thinking on the long term, after all even if we know that bitcoin is without a doubt the king of this market and the one leading by far the race to see which coin becomes the main form of money in the world of cryptocurrencies, bitcoin cannot do it all and as such we have many interesting projects which could become successful in this market and you can invest early on while they are still incredibly cheap.

When it comes to volatility aspect specially on lower time frames then i could really say that it is really worth the risk if you do really mind off on dealing with active trades or making out some scalping unlike when you do

trade in forex or stocks which movements arent really that high in intensity but surely it is less riskier than dealing with crypto but well we are really that risk takers for us to try out on things which do really give the

opportunity for us to earn profits on big scale if we do able to make some good trades unlike on forex but there are still some traditional traders which arent really that much ready with this kind of movement.