What is scalping in crypto, and how does scalp trading work?
Scalping focuses on making money off of slight price swings. Crypto scalpers use this method to reap quick gains from reselling assets. Although cryptocurrencies are known for their volatility, they give traders various opportunities to pocket and reinvest the gains. Scalp trading is a crypto strategy that helps scalpers to take risks and make the most of frequent price fluctuations by observing price movements.This article will discuss scalping, how it works in cryptocurrency, the advantages and disadvantages of scalp trading in crypto, whether it is complicated and how much money you....
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Despite the never-ending chaos and shenanigans surrounding big-name exchanges such as Cryptsy, altcoin scalp trading (aka "altcoin scalping") is on the rise. Altcoin scalp trading is a blazing-fast style of cryptocurrency trading specializing in volatile markets: quick momentum trades for small, albeit consistent profits. As compared to the many hours conventional day trading and swing trading take to get in and out of position, altcoin scalping takes only seconds or minutes to get in or out of position. It's no wonder this style of altcoin volatility trading is becoming more popular by....
A scalp pattern has presented itself in the bitcoin price, here's how we are looking to trade it. For this evening’s analysis, we’re going to go at our bitcoin price strategy a little different than normal. A look at the cart below reveals the formation of an upward sloping triangle during the European session, and this has offered up an opportunity to scalp the markets. We can still define a range for the longer term breakout approach, but a few dollar scalp is always a nice quick turnaround position, so as we head into the close of the European session and move into the US afternoon,....
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers. The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free profits through arbitrage.On Oct. 19, Chivo’s Twitter account announced that wallet users will not be able to see the reference price provided for trades executed using the price freeze feature — which allows traders to retain the Bitcoin (BTC) price quoted by the app for up to one minute.Chivo....
Here's what we are looking at trading in the markets today, specifically, a bitcoin price scalp strategy. Over the last couple of days, action in the bitcoin price has been relatively flat. We have seen the odd bit of choppy momentum here and there, but nothing sustainable, and this has made it difficult for us to get in and out the markets and draw profits according to our standard intraday breakout strategy. With this in mind, and as we head into the fresh days trading in Europe on Wednesday, we’re going to shuffle things around a bit. Specifically, we’re going to tighten in our intraday....
Here's what we are focusing on for today's session in the bitcoin price, with a primary strategy of scalping for profit. The European session is about to begin, and action overnight in the bitcoin price has given us plenty to go at as far as interpretation is concerned. We got the nearing completion of a classical technical pattern – specifically, an upward sloping triangle – and some overnight highs to round off our parameters with solid support. To the downside, we’ve also got some pretty clearly defined parameters that we can use to get in short if action affords us an opportunity to do....