Bitcoin traders, why don't you just trade forex? - page 16.

capoeira

legendary

Activity: 2388

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Forex can be very boring, as some currencies are very stable. You stay hours in front of the monitor just to earn some pips.
(this in case you make day trading)
Crypto is more risky, but it's very dinamic and you can make big gains.

well, with up to 1000x leverage on some brokers, you can make every move the size you want it too

kolega

member

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Traders to earn, you need a high volatility that is present on the market of bitcoin and Forex it is minimal and there is almost some robots work

EdenHazard

legendary

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Quote from: TERA2 on January 03, 2018, 04:50:57 AM

Bitcoin is low risk high reward.

Forex is HUGE risk medium reward.

I saw this becuase in order to make the kind of gains you make in bitcoin (like 500%), with forex, you have to leverage your forex account 50 times. This means you take 50 times MORE RISK. If it moves down even 1% you ARE LIQUIDATED. Meanwhile bitcoin can lose all of its value and then come back and you can still make 1000%

that is wrong in my opinion , i mean bitcoin are not something that has low risk.

it is high risk with high gain , besides forex available in limited days only , trading bitcoin have much more chance to make money with its volatility, the price keep moving on drastically up and down and that is what makes people love it i think.

Kevin77

legendary

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Quote from: Bezobraznike on December 30, 2017, 12:21:25 PM

Quote from: netrin on July 09, 2011, 10:28:45 AM

Quote from: AyeYo on July 09, 2011, 09:53:57 AM

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.

Netrin you gave the best answer, I also wish to hold Bitcoins and many other alt-coins.
That is my wish not to continue to support traditional currencies, I wish to support crypto-
world cause I believe it is a future. I work on my portfolio for months, collecting informations,
buying Bitcoins and investing in different projects.
We are here now and we are not late, cryptp-world is full with opportunities and popularity
is rising, this year was so great for all of us here and I strongly believe that there will be more
good years, maybe better than this one.

Lol, I can imagine far back as 2011, and that is just the right reply. Now, the Zimbabwean dollar has been scrapped and irrelevant for usage, the economy of the fiat in this country is messed up already and most of the citizens are finding solace in bitcoin, most especially to be able to make transactions internationally since they have been restricted in their country.

We have huge opportunities in the crypto world and for those who have been trading crypto since 2011 will even know better by now that just holding some of these coins, are even better, let alone trading them to earn even more.

arlington

sr. member

Activity: 476

Merit: 250

In the regular FX the gains are not too high and if you get involved with a small amount of money you get very little at the end of the month but here you can make 10x within a month,

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

Bitcoin is low risk high reward.

Forex is HUGE risk medium reward.

I saw this becuase in order to make the kind of gains you make in bitcoin (like 500%), with forex, you have to leverage your forex account 50 times. This means you take 50 times MORE RISK. If it moves down even 1% you ARE LIQUIDATED. Meanwhile bitcoin can lose all of its value and then come back and you can still make 1000%

Andrey123

sr. member

Activity: 1750

Merit: 305

These are absolutely different markets!

For example, the movement of the euro or the yen can learn and profit on Forex.
Plus, a lot of news is known in advance.

And it will not work with cryptocoins.
Very often developers violate the road map and coins go to the stock exchanges before, developers get a very big profit, and everyone else gets the price of 1 satoshi.

Brunusmagnus

member

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Omnity - Unifying Knowledge For Faster Insight

Quote from: Andrej Peiboski on January 02, 2018, 06:29:45 PM

Due to high volatility, to start trading in crypto without experience on forex is just gambling.
Trading is a very difficult and stressing job, but with good analysis and strategy you can achieve a good rate of success.

It's true, but I think that it's very difficult to apply usual forex fundamental and technical analyis to crypto, as the conditions are very variable and unpredictable

Lanatsa

hero member

Activity: 2786

Merit: 646

Quote from: Makest on December 30, 2017, 10:31:30 AM

Bitcoin trading is a good way of making money and if we can hold we should make lot of profit from it.

I dont know why you did bump this 6 year old thread but well its much better than to make a new one and making repetition of topics.For the sake of on topic reply. Forex trading and Crypto trading is similar on trading matters but for the coins that have been traded off would be entirely different since we do know cryptos are much more volatile compared on traditional fiats and commodities which traders sees and opportunity to make more money out of that volatileness of prices.

Andrej Peiboski

member

Activity: 350

Merit: 12

Due to high volatility, to start trading in crypto without experience on forex is just gambling.
Trading is a very difficult and stressing job, but with good analysis and strategy you can achieve a good rate of success.

crypto_sagor

jr. member

Activity: 98

Merit: 2

Renewable Energy Cryptocurrency

If you apply forex's knowledge to Bitcoin trade(crypto Trade) then you will definitely succeed.
There are many risks in Forex trading, but if you are do slowly cryptotrade, then you will succeed

soros017

full member

Activity: 238

Merit: 250

It is a market with much higher liquidity, but the volatility is much smaller compared to Bitcoin. So I guess it depends on the profile of the investor. People looking to make more profit in a shorter period of time are more likely to choose Bitcoin, but those with millions of dollars to invest will probably choose something more established, like the forex market.

darewaller

hero member

Activity: 2772

Merit: 634

Quote from: South Park on December 16, 2016, 04:22:49 PM

Quote from: energycr on December 16, 2016, 11:06:18 AM

Quote from: carlisle1 on December 13, 2016, 03:11:29 PM

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Well bitcoin is real money too so I don't see the difference in that particular issue, but the problem with trading forex is you could do nice analysis about what you think it may happen but they can be disrupted very easily by a political crisis, economical crisis, or just random events like earthquakes.

Yes, the prices of bitcoin do not experience a great amount change or downfall as it is not affect by nay natural crisis or any other company falling down it will only be affected due to demand of the people and everyone know it will increase every day as more and more people will get attracted towards it. So,I think that trading on alts and bitcoin is more profitable than trading on Forex.

komjhq

full member

Activity: 588

Merit: 100

Quote from: terzy on December 30, 2017, 12:46:05 PM

It's because Bitcoin shows more volatility than the typical Forex pairs. It can raise dozens of percentage points and it can surprisingly drop with the same success!

First of all, we need to look at the opportunities that Bitcoin gives us. If there is a chance today to earn money, then they need to earn. And Nobody doubts that all these soap bubbles to see Bitcoin can soon burst.

terzy

newbie

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It's because Bitcoin shows more volatility than the typical Forex pairs. It can raise dozens of percentage points and it can surprisingly drop with the same success!

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: netrin on July 09, 2011, 10:28:45 AM

Quote from: AyeYo on July 09, 2011, 09:53:57 AM

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.

Netrin you gave the best answer, I also wish to hold Bitcoins and many other alt-coins.
That is my wish not to continue to support traditional currencies, I wish to support crypto-
world cause I believe it is a future. I work on my portfolio for months, collecting informations,
buying Bitcoins and investing in different projects.
We are here now and we are not late, cryptp-world is full with opportunities and popularity
is rising, this year was so great for all of us here and I strongly believe that there will be more
good years, maybe better than this one.

Itjoker

full member

Activity: 532

Merit: 103

Trading on forex is more difficult then trading on cryptomatket. On forex you can catch margin call and that is mean that game is over. You can not recover your money. But on trading with altcoins or bitcoin you always have a chance that fallen price will recover.

Makest

full member

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Bitcoin trading is a good way of making money and if we can hold we should make lot of profit from it.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: energycr on December 16, 2016, 11:06:18 AM

Quote from: carlisle1 on December 13, 2016, 03:11:29 PM

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Well bitcoin is real money too so I don't see the difference in that particular issue, but the problem with trading forex is you could do nice analysis about what you think it may happen but they can be disrupted very easily by a political crisis, economical crisis, or just random events like earthquakes.

iram3130

legendary

Activity: 1512

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: energycr on December 16, 2016, 11:06:18 AM

Quote from: carlisle1 on December 13, 2016, 03:11:29 PM

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Very true.. forex is way more stressful than Bitcoin trading.. another thing is forex is way more volatile than Bitcoin trading.. assume you have a currency of a country n suddenly the things get worse in that country then automatically all ur funds value will get way more less.. but in case of Bitcoin it's not that much risk..

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