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RE: Cryptocurrency Exchanges making more money than traditional Stock Exchanges?
I think this mainly has to do with the low barrier of entry.
You can start trading crypto with $25. Most stock exchanges won’t let you swing trade with less the $25k
That is a good point about day trading. $25k minimum to day trade US stocks.
This was what kept me out for the longest of time. Now its not a barrier and i really dont care to partake in that shit show they have going on.
@crypto2crypto Please how much, on the average, can an average trader make daily if the started trading btc with $80?
Trading is extremely risky and even the very best traders on the planet have a tough time being consistently profitable. Tread carefully.
You're right. I've once been a victim, I lost almost everything in one trade.
It's never a win-win stuff.
Tell us about the bad trade.
Well this greatly depends on patience and luck. You may be better off buying a solid crypto and holding long term.
Ok, Thank you Sir.
I agree, crypto is very versatile and profitable than the stock market.