Bitcoin traders, why don't you just trade forex? - page 4.

Choii

full member

Activity: 658

Merit: 106

Quote from: Kinkadeinspired on May 21, 2018, 01:07:46 PM

Forex is not easy as you think!
Crypto is volatile but its still the best market ever.

There's no such thing as an easy way when it comes on trading, both have a risk that you need to handle it. But anyways, i think trading in bitcoin or even any altcoin is more profitable than trading in forex. And in forex, before you can start you need to have a big capital to earn a lot more, but in crypto even you don't have a lot of money, you can start to trade.

Arwinkim

member

Activity: 266

Merit: 10

No, thanks. Trading Bitcoin is much simpler trading Forex. It is easy to make a price movement projection in Bitcoin than Forex chart. Forex is rather difficult to predict without considering external factor like news, sentiment, rumor, major world economic calendar, world summit etc. Besides, forex brokerage notoriously can manipulate their chart. However, I have to admit not all of them. Basically, you trade against your own broker not the real market. Do I forgot to mention about broker's rules that you have to be verified to deposit and withdraw money even for $10?

Mover lake

newbie

Activity: 39

Merit: 0

I feel like crypto has more volatily than fx so the return that you can get is better, also you can get information much easier than on fx. It's also easy to drive the price based on rumour on crypto so there's a lot of rumour going on and you just have to trade according to it. The last thing is there's a lot of people who don't understand how economic works in crypto so the amount of stupid money is a lot and i can profit from their trade mistakes.

omfg.xekcep

jr. member

Activity: 798

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*** https://www.buying.com ***

What a strange question. You do not tell the full truth because real forex is a field for banks and professionals with a big capital but what you call forex it is not real forex it is a "kitchen". Instead of this crypto market is real and clean market like stock market.
And pay attention that min lot on real forex is 100000. When you tell us about min deposit 25$ it means that trading is not on real forex and it means that you will rival with your broker because he is your contractor.

Danglen1010

full member

Activity: 230

Merit: 108

In this statement that bitcoin traders, why dont you just trade forex, the main reason why it because in forex exchange currency the income or profit is not have a good amount in range to be offered in the investors to be profitable in this business.

BountyX

full member

Activity: 352

Merit: 100

This OP is from 2011. Anyone trading on Forex from 2011 would most likely have lost all their money, since stats say that 95% of Forex traders lose money.
On the other side, anyone starting to trade Bitcoin from 2011 would now likely we very very rich.
I think this answers this question once and for all.

Darker45

legendary

Activity: 2576

Merit: 1860

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

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?

LOL. This is a big joke. You must be blind, mate. I bet you do not understand crypto nor its trading and how they work. Neither do you appear to know about Bitcoin. Bitcoin is an unsafe market? That is not true even if there is also some amount of risk involved in Bitcoin trading. In Forex trading, the amount of risk is much bigger. There are also manipulators. Do you know that? The banks have the biggest profit in that thing you call real trading.

sonofliberty

full member

Activity: 395

Merit: 100

Market Integration Platform

I would say that people are more attracted to the bitcoin now because the crypto market is more welcoming to those who do not have a lot of money to start with when Forex asks for bigger investments to earn some profit.

Advicerabi

member

Activity: 210

Merit: 10

To be honest I left the world of forex because I failed even though it's been over 2 years trying. In forex we cannot just use our instinct to trade, so it make more difficult. So,I think that trading on alts and bitcoin is more profitable than trading on Forex.

sgenuine

full member

Activity: 854

Merit: 103

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.

Haha. Good joke. Yes, I am not dealing with forex for this reason and the other one: I do not trust it. I started to work with the cryptocurrency years ago, and I am doing it still.

Scripture

full member

Activity: 1303

Merit: 128

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.

sonofliberty

full member

Activity: 395

Merit: 100

Market Integration Platform

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.

Kinkadeinspired

copper member

Activity: 644

Merit: 1

Forex is not easy as you think!
Crypto is volatile but its still the best market ever.

mabell943

sr. member

Activity: 590

Merit: 258

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.

cfif123

sr. member

Activity: 532

Merit: 250

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

emezh10

hero member

Activity: 826

Merit: 501

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.

dangcaohung

newbie

Activity: 70

Merit: 0

I think because lots of people switch from trading to holding when bitcoin price decreasing. Cheesy

ufalo3

full member

Activity: 462

Merit: 100

Quote from: devollito on May 16, 2018, 02:07:54 AM

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.

CannonWarrior

member

Activity: 63

Merit: 10

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.

admtall

member

Activity: 322

Merit: 10

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.

Topic: Bitcoin traders, why don't you just trade forex? - page 4. (Read 25308 times)