Differences Between Trading Crypto and Other Assets
Trading cryptocurrencies has become increasingly popular, especially with the rise of major digital assets like Bitcoin, Ethereum, and others. However, trading crypto is distinct from trading more traditional assets such as stocks, forex, commodities, or bonds. Here are some of the key differences that separate cryptocurrency trading from trading other asset classes: 1. Market Hours Cryptocurrency : The cryptocurrency market operates 24/7. Since it is a decentralized market, crypto trading is available all day, every day, including weekends and holidays. This constant availability appeals to traders who want more flexibility in when they can trade. Traditional Assets : Most traditional markets, like stocks, forex, and commodities, have fixed trading hours. Stock exchanges, for example, operate during specific hours on business days and are closed on weekends and public holidays. Forex markets, while generally more flexible, still follow the 24/5 model (open five days a week). 2. Volati...