Bitcoin traders, why don't you just trade forex? - page 17.

darewaller

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Quote from: South Park on December 16, 2016, 03:22:49 PM

Quote from: energycr on December 16, 2016, 10:06:18 AM

Quote from: carlisle1 on December 13, 2016, 02:11:29 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

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Quote from: terzy on December 30, 2017, 11:46:05 AM

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

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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

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

Quote from: AyeYo on July 09, 2011, 08:53:57 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

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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

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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

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Quote from: energycr on December 16, 2016, 10:06:18 AM

Quote from: carlisle1 on December 13, 2016, 02:11:29 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

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Quote from: energycr on December 16, 2016, 10:06:18 AM

Quote from: carlisle1 on December 13, 2016, 02:11:29 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..

energycr

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Quote from: carlisle1 on December 13, 2016, 02:11:29 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.

carlfebz2

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Quote from: Capradina on December 15, 2016, 08:01:23 AM

Quote from: bitbunnny on December 15, 2016, 05:49:42 AM

I would never choose forex because it's too risky and there are so many fake and fraudulent forex platforms. You can read about forex scams every day. Besides I don't know anyone who have ever made any decent profit with trading on forex and losin a great deal of money. Also bitcoin is to volatile to be traded on forex, trading on exchangers is much better option.

Why do you worry too much over the defeat of which you can get in forex ....?? , all things must have a risk and we are obliged to find ways to minimize the risk as small as possible. Because a risk can never be eliminated or replaced with an advantage, if we can't use it properly. Or it could be said that if we want to win in forex then should be able to master the science and knowledge about forex

Avoiding losses on forex is really an impossible thing to happen and you are right all things have risk especially on trading field since prices of currencies are too volatile and we cant trade perfectly and theres no perfect trader that do winning trades 100%. Minimizing the losses is the best way with proper knowledge and experience.People would choose on which trading would suit them its either on bitcoin or on forex but for me I could say that forex is complicated.

Rooster101

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It is more preferable to trade in bitcoin exchanges than in forex because it is the kind of trading that familiar to me. I am more at ease when trading in bitcoin exchange because I'm already used to it. Although they are more unpredictable because of high volatility, one can still learn how master this kind of trading with patience and determination.

South Park

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I am terrible at Fantasy Football!!!

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, because you get a bigger amount of bitcoin and a bigger amount of fiat for each bitcoin.

Capradina

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Quote from: bitbunnny on December 15, 2016, 05:49:42 AM

I would never choose forex because it's too risky and there are so many fake and fraudulent forex platforms. You can read about forex scams every day. Besides I don't know anyone who have ever made any decent profit with trading on forex and losin a great deal of money. Also bitcoin is to volatile to be traded on forex, trading on exchangers is much better option.

Why do you worry too much over the defeat of which you can get in forex ....?? , all things must have a risk and we are obliged to find ways to minimize the risk as small as possible. Because a risk can never be eliminated or replaced with an advantage, if we can't use it properly. Or it could be said that if we want to win in forex then should be able to master the science and knowledge about forex

bitbunnny

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I would never choose forex because it's too risky and there are so many fake and fraudulent forex platforms. You can read about forex scams every day. Besides I don't know anyone who have ever made any decent profit with trading on forex and losin a great deal of money. Also bitcoin is to volatile to be traded on forex, trading on exchangers is much better option.

CraigWrightBTC

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Bitcoins is not fiat currencies, it is like gold by the time the price will be increasing.
So if i am wrong making prediction, i can hold the bitcoins.
On forex trading i can not hold position and it is mean i must be losing my money.
That is why i am more like trading bitcoin than trading forex.

maydna

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Quote from: carlisle1 on December 13, 2016, 02:11:29 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 .

its true and as we don't know much about trading, i think its not worth to try trading in forex because we can risk all funds without we know we should do in trading forex, but i heard we can make much of money from forex as long as we know how to trade forex with right and good.

marketone

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Quote from: n0ne on December 13, 2016, 06:16:39 AM

With forex trading lot of research regarding the particular stock holder and the growth needs to be researched. With bitcoin due to its fluctuations happening often no need make lot efforts. Even buying and holding will give better earning.

Yes i agree with you because in forex we need to do lot of researches before doing any thing, but i see there are many looser in forex but many don't have much knowledge in forex and loosing their money. Where as in bitcoin trading we have very good platform that we can able to discuss how a particular coin will work and what are their future plans we can easily discuss with owner here in bitcointalk forum.

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Quote from: Invulner on December 15, 2016, 02:55:12 AM

Quote from: RealPhotoshoper on December 15, 2016, 02:07:08 AM

Quote from: BitMaxz on December 13, 2016, 04:06:00 PM

I am not so familiar in forex but i just always seen it in advertisement that asking for a large amount to deposit so i can not afford it that is why did not choose it to trade instead i just stay in poloniex and yobit and other well known trading site it is more good because we have already knows about crypto.. i want to try forex before because there is some seminar here for free that you can learn basic in forex how to trade. and they are giving contest and receive the amount they are give for those who win.. but the concept for me is the same as other trading site so i just stay in crypto currency than forex.

Besides trading on cryptocurrency is available for you 24/7 while forex not available in the weekend.
Cryptocurrency trading much more newbie friendly rather than forex , this is based on my personal experience.
The deposit amount doesn't really matter for me as mostly have $5 forex minimum deposit and it is still affordable i guess.

Yep, there are a lot of advantages in trading bitcoin instead of forex, including the reason that he stated above. The 24/7 trading is definitely an attraction, and there are more swings in the market price so there are more opportunities i guess.

Fiat currency market cap is too big, meaning that even a small fish in the fiat market can be a whale moving bitcoin 10-15% in a day in bitcoin.

the bitcoin price volatile i guess be the main reason why people prefer to trade on crypto rather than forex.
forex just have more established in term of community and support.
a lot of works must be done to make cryptocurrency much more interesting to forex actually.

xypos

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Because with bitcoin trading you are personally involved in it, if you believe that bitcoin is going to go well in the long run. That makes trading so much more worthwhile, and so much more fun as well in my opinion.

Also you are able to control the markets in certain situations, if you have enough funds, instead of riding the government policies all the time on fiat trading.

thebatletbet

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forex trading is very dificult altchough can high profit
you can lost all your money in margin call
bitcoin trading without margin call, you still in hand your bitcoin you can hold until bitcoin price incraese again
bitcoin trading only lost not all lost your money

Topic: Bitcoin traders, why don't you just trade forex? - page 17. (Read 25184 times)