Topic: Bitcoin traders, why don't you just trade forex? - page 4. (Read 24933 times)
I have also investments on forex and also cryptos but im more active and interested in cyptocurrency, why? Because forex investment cannot be exchanged by goods or rather a mode of payment. They have the same risk of volatility but crypto has a lot more function than forex.
That is because the Bitcoin is way more attractive these days and people try new methods of earning which cryptocurrency market is considered to be. So everyone is open for new option to make money.
Forex is not easy as you think!
Crypto is volatile but its still the best market ever.
Crypto is volatile but its still the best market ever.
I think bitcoin traders does not just want to trade forex because it is more obvious that is more profitable in company of bitcoin because the value in trade forex is offered a low amount to be profitable.
if I own better to trade in bitcoin than in forex, because trading in Bitcoin or in altcoins it seems nice to be a very interesting and good business too
The main reason for traders of bitcoin to stick on trading on bitcoin or other cryptocurrency is its volatile price that could bring a bigger chance for us to earn and to gain more profit with a proper analysis on the price on the market. It is also much easier to learn the graph of cryptocurrency because there is a lot of help came from the supporters of bitcoin which they could share live changes of the price of bitcoin that could help us on deciding whether to buy, sell or hold.
I think because lots of people switch from trading to holding when bitcoin price decreasing.
Because i dont like to trade using laverage and it will make me lose my house by trading with laverage. I am a type of trader which buying in spot market. Yes it will need more starting fund but it is less risk then laverage trading. I am hodler for at least one month thats why i trade on cryptocurrencies. Spot trading can also gives me good return.
I do not like Forex as for me it is simply not interesting. However, trading altcoins and Bitcoins seems to be a very exciting business. It also lets me have a very good work and business as well.
The reason behind why bitcoins traders, why dont you just trade forex because bitcoin is much better than to trade forex because of bitcoin you will be profitable enough than to trade forex even if it is profitable also but not at the same range into bitcoin.
I think it comes down to an individual mind set. For some people its easier to grasp the idea of trading in bitcoin rather then in fiat currencies. Every generation there seem to be new instruments appear: CFD, binary options, crypto-currencies. Maybe because it is easier for people in the current generation to understand them.
The Forex market is a classic market, and on the crypto market you can earn much more, there is no such volatility anywhere. That's why it attracts so many people from all over the world.
because with cryptos if you barely beat the market you're looking at a 50-500% annual return whereas in forex it's more like 2-5%
This is the last generation) Those who follow innovations always are interested in new trends. i am one of them and i think that crypto is our future I can imagine how in 2025 for example we use it as our main currency
Bitcoin's trading is less risky than Forex, and its price is going up highly and a lot faster than fiat currencies. You can make making good profit by trading Bitcoin in short amount of time and with lowest risks.
I am a kind of merchant which purchasing in spot showcase. Truly it will require all the more beginning asset however it is less hazard then laverage exchanging. I am hodler for no less than one month that is the reason I exchange on digital forms of money. Spot exchanging can likewise gives me great return.
The usual Forex is a casino in which you bet and your chances of losing are twice as high as winning.
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?
I don't have prior knowledge about forex, it is the reason why I can say that cryptocurrency trading is more better. Cryptocurrencies are too volatile, I always using the volatility of the cryptocurrencies as advantage for me to earn money from trading. So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
I used to trade Forex, and still occasionally do. But the rewards in crypto trading by far outweigh the risks. Why trade Forex and get measly one figure ROIs when you can trade crypto and get three figure ROIs? Plus, crypto is way cooler 
Forex? very risky my dear! lol. Will never recommend Forex to small traders. I had really bad experience trading it some years back (2003—2011). Spent lots money on books and seminars with little to show for it. Crypto very volatile but there is always hopes of being rewarded one day plus this beautiful feeling of being in charge of your funds.(I trade only on DEXs including on erc20 exchanges)
even if forex is quite popular, trading in crypto looks safer I think
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