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Topic: Bitcoin traders, why don't you just trade forex? - page 10. (Read 25308 times)

sr. member
Activity: 1666
Merit: 426
Simply just because I think trading with crypto has more potential comapred to forex trading. Cryptocoins are more volatile compared to asset on forex I guess that is why I prefer to trade upon it. Besides, crypto is more risky compared to forex that's what makes it more profitable.
jr. member
Activity: 102
Merit: 2
OPEN Platform - Powering Blockchain Acceptance
Forex is a market where institutional investors move, is very stable and earns on micro-movements. Crypto allows much greater profits, if you know how to work, but obviously also big losses.
member
Activity: 406
Merit: 22
On Forex earn only those who are engaged in learning to trade on Forex Grin.
No one can trade for profit withot knowledge. It is kinda obvious. If u wanna successed on Forex - study well
newbie
Activity: 193
Merit: 0
On Forex earn only those who are engaged in learning to trade on Forex Grin.
member
Activity: 406
Merit: 10
The forex market is very stable, the fluctuations are minimal and you earn on ridiculous percentages.
With the crypto, the volatility is high, and a good trader can earn much more than forex.
But u can take a leverage up to x1000 and make a huge money with minimal fluctuation and risks also
Only experienced traders have to use such huge leverage. For the rest much more less are affordable
newbie
Activity: 308
Merit: 0
The forex market is very stable, the fluctuations are minimal and you earn on ridiculous percentages.
With the crypto, the volatility is high, and a good trader can earn much more than forex.
But u can take a leverage up to x1000 and make a huge money with minimal fluctuation and risks also
member
Activity: 129
Merit: 10
RedTube & Rasputin Party Mansion
The forex market is very stable, the fluctuations are minimal and you earn on ridiculous percentages.
With the crypto, the volatility is high, and a good trader can earn much more than forex.
jr. member
Activity: 308
Merit: 1
Why do you call this markets "shady" and "unstable"? The capitalization is extremely big now and the thing is very serious; I'll watch what you'll say when market will overcome 1 trillion.
because the way how market cap is being calculated is unfair. It does not display the real amount of money invested into the infrustructure, if we take a look at forex capitalization we will see much bigger numbers but they are real!
full member
Activity: 518
Merit: 101
I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

It's not so difficult: the technical analysis is working, to follow the news and remember about the spread, so do not trade at small timeframes. Bitcoin is perfect for diversifying your trading portfolio, because it does not correlate with other tools.
member
Activity: 137
Merit: 12
Semux
Why do you call this markets "shady" and "unstable"? The capitalization is extremely big now and the thing is very serious; I'll watch what you'll say when market will overcome 1 trillion.
hero member
Activity: 868
Merit: 500
Forex trading is very tough in terms of its conditions. Forex does not forgive mistakes, does not allow to fix them with time. On the cryptocurrency market, the situation is different. You buy an asset, invest in it. And when you are comfortable selling it. There are no leverage (I hate it), broker commissions (swaps) or margin call. Therefore, personally, I prefer the cryptocurrency market.
newbie
Activity: 252
Merit: 0
I feel like crypto has more volatily than fx so the return that you can get is better, also you can get information much easier than on fx. It's also easy to drive the price based on rumour on crypto so there's a lot of rumour going on and you just have to trade according to it. The last thing is there's a lot of people who don't understand how economic works in crypto so the amount of stupid money is a lot and i can profit from their trade mistakes.
U pro probably missed that fact forex is providing good leverage and it is the key how to make a fortune. IMHO. There are a lot of opportunities to make good money on forex of u follow the risk managment
sr. member
Activity: 532
Merit: 253
I feel like crypto has more volatily than fx so the return that you can get is better, also you can get information much easier than on fx. It's also easy to drive the price based on rumour on crypto so there's a lot of rumour going on and you just have to trade according to it. The last thing is there's a lot of people who don't understand how economic works in crypto so the amount of stupid money is a lot and i can profit from their trade mistakes.
newbie
Activity: 308
Merit: 0
Forex is nonsense. It is better to trade shares of companies or goods on the stock exchange. And you can earn quick money on a cryptocurrency.
Forex trading is not necessarily meaningless but you need to have a lot of capital to invest. The profit is very low, so you will have a lot of profit. However, investing in the forex market will help you minimize the risk of losing your entire property. The value of money is based on the development of a certain country, so you only lose a little bit or you will be a little profit.
No need to invest huge money to trade forex. Forex provides leverage and u may use it and earn really good money without enormous deposits
member
Activity: 406
Merit: 10
From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
Forex is still very good financial instrument due to the low volatility and leverage. It is much more easy to make money. But in future I predict absorbation of forex market by crypto one. It will be one market
It is stable market but crypto not. Plus all the indicators and stratefies are working well on such market. And other way round - no startegy works on crypto market
member
Activity: 406
Merit: 10
From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
Forex is still very good financial instrument due to the low volatility and leverage. It is much more easy to make money. But in future I predict absorbation of forex market by crypto one. It will be one market
member
Activity: 406
Merit: 11
From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
member
Activity: 406
Merit: 22
Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
Disagree. U may use leverage and make much more profit. Moreover u may use leverage trading with btc! Some brockers now provide sich services
Yes. But do u really think btc trading with leverage is a good idea? Btc itself is very volatile. There is huge risk to loose the deposit if u are lack of trading experience. But if u have exp. Then it is okay
member
Activity: 406
Merit: 10
Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
Disagree. U may use leverage and make much more profit. Moreover u may use leverage trading with btc! Some brockers now provide sich services
full member
Activity: 196
Merit: 101
Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
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