@hatemypips I differ on that, crypto trading is not a walk in the park, rather it require a lot of knowledge and market research. Gains in crypto are hard to come by. And when the market crashes, holding a coin which has lost 50-60% of its gained value, becomes unbearable
Support and resistance work perfectly according to my experience as there are barriers for institutional investors which would make it much more efficient market
I'm a big fan of crypto but at the same time, been a long stock trader myself. One stock that I've been following is $BTCS since they are running a bunch of Ethereum 2.0 validator nodes, which is something that people has been waiting for.
A few points.
1. Doesn't matter what currency it is, there's always inflation.
2. Crypto is the latest scam with many unscrupulous brokers.
3. Crypto volatility is insane.
I started with trading with forex, then when I observed that I was getting better, I preferred to expand my horizons and entered into crypto. Now I trade both.
Cryptocurrencies, especially Bitcoins, show a higher level of volatility. The commission for trading Bitcoins is much lower than trading in the forex market.
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