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Good day traders,
I would like to collect information on what traders from a variety of markets think of the crypto market. Price action works on every market, as taught by the BTC.
What do you consider as the pros and cons of trading in this type of market?
Thank you
I wouldn't touch crypto with a 10-ft pole. The taxes and reporting are onerous to begin with. Also, they are subject to change anytime as crypto is still a new asset compared to almost anything else you could trade. At one point, I considered crypto futures, but the fees and margin requirements are silly, also lack of volume in comparison to other assets. So, maybe someday, but not today, Ray.
On those factors alone, ES, NQ, CL, ZN, ZF, 6J or 6E have way more appeal IMHO.