Topic: Bitcoin traders, why don't you just trade forex? - page 2. (Read 25308 times)
many trade in both but for me I will continue to trade on cryptocurrency because I can focus and the money I use to trade is not much so I prefer crypto only
First trading bitcoin is safe as long as you know what you are doing, use a famous exchange and care about your security. I like trading in crypto because there's a lot of people here that are new to trading and they don't know what they are doing. I feel like it's easier to read the price movement based on the rumor and market sentiment compared to forex.
i got the concept of cryptocurrency trading better than forex. i can invest a long time and wait for eventual profit from it. bitcoin trading is bae
I have been in forex trading in 2 years but until now I can not reach consistent profit , but when i move to cryprocurrency trading i can reach it because in my opinion crypto trading much easy to gain profit than forex trading because mostly all coin has tren up trend.
I did both, to maximum profit we should know more about situation of crypto market because in spot crypto trading we can make profit only from uptrend. And when crypto on downtrend i prefer to trade in others asset like forex, commodities and stocks market. To trade in some different platform is not hard because i only use technical analysis, so all open potition according to it. And i better to trade these all asset in spot trading and avoid margin trading because margin trading will be more risk.
The forex world is too crowded, the movements are microscopic , and the "real" whales move here: the central banks eat any crypto whale.
So, while it is certainly more stable, it is also more difficult to make big gains.
However, it is important to learn how to work in forex, because the techniques used are also very useful in crypto.
So, while it is certainly more stable, it is also more difficult to make big gains.
However, it is important to learn how to work in forex, because the techniques used are also very useful in crypto.
I trade crypto currency, and not Forex, because I really like how the crypto currency changes our world and the entire financial system and I want to support it in any ways.
There are differences but you would stand as expert trader when you handle such hard situations. People are coming into this world from different backgrounds, some are more oriented towards business mind but many are dull. They have only one thing in hand and that is money. They mustn’t be surprised with their own strategies rather these must be implemented in best possible way.I trade crypto currency, and not Forex, because I really like how the crypto currency changes our world and the entire financial system and I want to support it in any ways.
There are differences but you would stand as expert trader when you handle such hard situations. People are coming into this world from different backgrounds, some are more oriented towards business mind but many are dull. They have only one thing in hand and that is money. They mustn’t be surprised with their own strategies rather these must be implemented in best possible way.
Because foreign exchange is less fluctuating in price, it is harder to earn foreign exchange than BTC, although BTC is risky so we invest in it because the price fluctuates for us.
Actually, forex trading is an option. In fact, a lot of people I know do both stuff. In fact, some of them are trading all kinds of goods such as crypto, stocks, forex, silver and gold, etc. However, if I am not mistaken, they have made a lot of money in crypto trading rather than on forex or stocks. In crypto, if you fail, and you do not know what to do anymore, and you ended up leaving your coins in your wallet, you might just wake up one day having gained 500% of what you originally have. Now, that's not gonna happen somewhere else.
Forex can be same like Binary Option, iam try a trade with Binary Option but mostly they really have some high psychology and i can't handle it when i trade at Forex/Binary. But on crypto iam still can handle my emotion, Right now iam stay away from Forex/BO
I think that it is difficult to compare btc and forex because the prospects are really great if we talk about btc. To my mind, it is obvious because btc traders can earn much more money if having the strategy
Trading Bitcoin in forex is better than with cryptos. Forex market is less volatile and respects technical analysis more than the crypto market that is volatile and governed mainly by fundamental. People make huge amount of money trading Bitcoin in forex because the liquidity is there and you buy or sell without worries.
Forex is more stable, and it is difficult to make big gains if you do not move major capital.
The crypto are much more volatile, certainly more dangerous, but with a little skill and luck you can earn much more.
The crypto are much more volatile, certainly more dangerous, but with a little skill and luck you can earn much more.
As for me, Forex is a bit complicated. You have to give first, a lot of information about you. Additionally, serious knowledge here is needed. I choose the cryptocurrencies and crypto trading as I simply understand it.
I trade crypto currency, and not Forex, because I really like how the crypto currency changes our world and the entire financial system and I want to support it in any ways.
You can easily trade at the same time on forex and crypto.
The important thing is to remember that the strategies that allow you to queuing in the forex (anything but safe ...) do not seem to work when it comes to crypto.
The important thing is to remember that the strategies that allow you to queuing in the forex (anything but safe ...) do not seem to work when it comes to crypto.
Forex investing for many people has become not only a profession but also a great way to preserve and increase capital. The profit generated by real exchange transactions is much higher than the inflation rate, the investor or the trend of the market to trade.
I think is better we have knowledge of trading in different market, not only in crypto trading but also in others asset like forex, stocks, commodities and indices. This is because in crypto trading we can make profit only when the price on bullish, and when the crypto market on bearish we should be move the money in to others asset.
the manipulation that occurs in crypto can`t be done anyhow in the forex market, the earning and returns here are the fastest ones and the tax is zero, what a better place for an easy money seeker to trade on ?
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