The high cost of holding crypto and the cost of dealing in crypto will result in moist traders losing or being in net loses.A search on google for success rate of day traders , will reveal 99 % failure rate , but krypto day traders will lose more.
Day krypto traders lose , because they pay 2 % spread + overnight interest income, to crypto brokers. The brokers promote it through their stooges on their forums, the stooges just pretend to trend trade krypto .........hoping to suck new naive punters into an gambling life.I would never recommend any trader to go into this crypto, the spreads and overnight interest will wipe their bottoms.
Day krypto traders lose , because they pay 2 % spread + overnight interest income, to crypto brokers. The brokers promote it through their stooges on their forums, the stooges just pretend to trend trade krypto .........hoping to suck new naive punters into an gambling life.I would never recommend any trader to go into this crypto, the spreads and overnight interest will wipe their bottoms.