Re: What is the difference between crypto trading and traditional stock trading
I'm a newbie in trading. I read books by John Schwager, Alexander Elder, John Bollinger about technical analysis and psychology in trading and I began to doubt that all this was suitable for the modern cryptocurrency market. How is crypto trading similar to stock and Forex trading? What are its similarities and differences?
I would like to thank everyone in advance for their replies, I appreciate it!
When it comes into their differences then the main thing on which this is the most recognizable at all which is "VOLATILITY" on which this is the main difference on which we could really be able to noticeI would like to thank everyone in advance for their replies, I appreciate it!
comparing to stocks from crypto and this is where some traders do really get interested when it comes to profitability just because they could really be able to do it when they do get engaged with
crypto trading. It is really just that there are people who cant really be able to bare up with the risks on what volatility could bring but we know that this is something rewarding
if you do really just know on what you would gonna do into this market.
Also just like been said by other members that 24/7 market for crypto market, there's no such thing about closing and opening market just like on stocks or Forex.
This is why it would really be just that depending into your own preference if we do speak about dealing up on crypto or stocks.
It would really be just that depending into your own preference and interest since not all could be able to bare up the risks.