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Topic: Bitcoin traders, why don't you just trade forex? - page 11. (Read 25219 times)

member
Activity: 406
Merit: 11
Actualy i dont know how to trade in forex and when i see forex is like more risky than bitcoin trading platforms that i was trading now. For me i think you have to be more skill when you are doing in forex trading than crypto trading.
But it works other way round) Forex is more secure and reliable way of trading, i even did not heard any news about hacks in forex. Moreover u also can trade btc on forex brockers. At least with some of them
full member
Activity: 406
Merit: 100
kingcasino.io
Actualy i dont know how to trade in forex and when i see forex is like more risky than bitcoin trading platforms that i was trading now. For me i think you have to be more skill when you are doing in forex trading than crypto trading.
member
Activity: 406
Merit: 29
Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
Forex is much more secure as a matter of fact! At least for the new users which dont have enough experience.
Agree about security. I have not heard about brocker hacks but I heard a lot about crypto excnages vulnerability!
jr. member
Activity: 308
Merit: 1
Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
Forex is much more secure as a matter of fact! At least for the new users which dont have enough experience.
newbie
Activity: 112
Merit: 0
Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
newbie
Activity: 99
Merit: 0
The main thing or reason we trade bitcoin is because of the volatility of the market and we want to use that volatility for ourself to get more profit rather than forex etc.
newbie
Activity: 252
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.
there is no need to have the huge capital to invest as forex provide leverage, up to 1000, and u can earn money using this leverage
hero member
Activity: 1036
Merit: 520
Forex is not as fun and it has a lot of limitations . risk takers would rather crypto world because we would rather to swim in the deep water , the fish you see on the water is dead.
Forex could be as fan as crypto but only for prefessionals. Newbue users have to trade crypto on exchanges without any leverage. Then more chanses to save ur depo

Yes of course it is for professionals , this crypto market is like jungle , it could be dangerious for newbies .
newbie
Activity: 64
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.
If you are a competent trader, you can minimize the risks in any market.
member
Activity: 289
Merit: 10
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.
full member
Activity: 448
Merit: 100
Diagon
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.
full member
Activity: 490
Merit: 100
what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

Because at the end of the day, I want to be holding bitcoin, not Zimbabwe dollars.

Lol, that answer made me laugh. Smiley

My personal answer is that with Forex I have always lost money, with cryptos I have earned money. I can deal with crypto whales easier than I can deal with Forex whales.
Well. It is in ur case. As for me it is totaly other way round. Im more lucky at forex markets rather then at crypto ones..
full member
Activity: 714
Merit: 117
what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

Because at the end of the day, I want to be holding bitcoin, not Zimbabwe dollars.

Lol, that answer made me laugh. Smiley

My personal answer is that with Forex I have always lost money, with cryptos I have earned money. I can deal with crypto whales easier than I can deal with Forex whales.
member
Activity: 406
Merit: 10
I happen to trade both markets from different points of view. For forex, trading is entirely margin trade and does require that certain parameters must be met for trading to take place like margin requirement. For me crypto tradings is the most faster to earn since flactuations of coins move fluently and faster, so we can earn huge if we just follow its movements on hourly or daily basic
Forex allows people which have a little money to make a fortune due to big leverage ( up to 1000), Crypto does not provide such opportunity
newbie
Activity: 77
Merit: 0
I guest there some people who trade in altcoin exchange already trade with forex same with btc or altcoin the most people like altcoin exchange because of volatility of price you will easyly gain profit in that in shortime of waiting. Tried to do it once, and it seems that it's just a far different environment than what we have at crypto trading, and I have lost some money from trading forex a year ago and right now I only do binary forex trading
I agree, probably one of the reasons some people prefer to trade in bitcoin exchanges over forex is the fact that even if you were to lose some money in a trade the fact that bitcoin price keeps going up helps us soften the losses and if you profit form the trades then you get even more profit. I like forex trading but the gains are not comparable to what Bitcoin affords its traders
member
Activity: 294
Merit: 10
I happen to trade both markets from different points of view. For forex, trading is entirely margin trade and does require that certain parameters must be met for trading to take place like margin requirement. For me crypto tradings is the most faster to earn since flactuations of coins move fluently and faster, so we can earn huge if we just follow its movements on hourly or daily basic
member
Activity: 302
Merit: 10
I guest there some people who trade in altcoin exchange already trade with forex same with btc or altcoin the most people like altcoin exchange because of volatility of price you will easyly gain profit in that in shortime of waiting. Tried to do it once, and it seems that it's just a far different environment than what we have at crypto trading, and I have lost some money from trading forex a year ago and right now I only do binary forex trading
member
Activity: 217
Merit: 10
Trust management of Digital Assets
Lots of traders started with trading forex at first
Then turned to crypto
full member
Activity: 406
Merit: 106
I don't trade forex because it is more high risk than bitcoin trading, i can't hold position in forex if i am wrong making prediction but i can hold bitcoin if bitcoin's price going down and i can use bitcoin for trading altcoins there are choice on bitcoin.
sr. member
Activity: 396
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
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?
My very own reason is Forex is something more riskier thing than crypto in comparison they are both trading while the coins or currency is also different. I don't like forex for the thing that it may loss my money in just seconds or minutes. The bottom line here is you or we can't push others to switch to forex trading if they didn't like it.
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