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Topic: Bitcoin traders, why don't you just trade forex? - page 7. (Read 25308 times)

member
Activity: 171
Merit: 10
Forex trading has very high risks than bitcoin or altcoin trading. Forex trading also requires some huge amount to start trading. Unlike in bitcoin or altcoin trading which you can start for only 1$ or lower than that depending on what you can afford
full member
Activity: 378
Merit: 100
ApolloX
Because BTC and crypto are a much deeper and interesting things I guess.
newbie
Activity: 140
Merit: 0
Hey, guys. Which only makes the points made herein stronger. Spend money on IT infrastructure - not marble receptionist desks and expansive views of the Tokyo skyline. Smiley
member
Activity: 294
Merit: 10
I still want. hold on the bitcoin. do not want to exchange in other dollars, I want to America rates .. thank you ..
member
Activity: 129
Merit: 10
RedTube & Rasputin Party Mansion
It's a good question. I think that a lot of people think that there are more chances to earn in crypto than in forex.
May be this can be trure, but only if you are very good (and very lucky...)
member
Activity: 294
Merit: 10
There is a big difference between those two markets. I heard one video just recently about it. People cant just use similar principles there.
member
Activity: 238
Merit: 10
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. Once you make the wrong decision and unless you make a stop loss, your stuffs are all gone, but with crypto, you can even just decide to hold and then see you getting your value back probably later on
member
Activity: 311
Merit: 10
In online forex trading Will Only Cost calculated per open position Online forex trading costs much less than online stock trading . You pay no commission and no administration costs. In online forex trading costs are calculated only every open position. 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
member
Activity: 168
Merit: 11
I guess forex is too risky than crypto because we need to stay in front of the computer, watching the price and sell if we make a profit or cut loss if we are lost money. but I prefer with trade crypto. I guest there some people who trade in altcoin exchange already trade with forex same with btc or altcoin the most people like altcoin exchange because of volatility of price you will easyly gain profit in that in shortime of waiting
sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
because its more easy to trade in many exchanges and understanding any coins more than forex that is what i think
member
Activity: 224
Merit: 10
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?
You can see that the crypto market is fluctuating continuously and very difficult to guess, bitcoin prices in recent days are adjusting continuously although the market is up trend but bitcoin prices are still bearish. in the long term. So I believe you should trade at this point and not trade forex very risky and need very deep professional knowledge to trade there.
full member
Activity: 420
Merit: 100
I like both forex Trading and Bitcoin trading also, But the main thing is the Bitcoin latest technology and new altcoins and ICOs are becoming more and more interest able and the latest technology attract the peoples more and more that,s why the main focus is Bitcoin trading,
full member
Activity: 868
Merit: 151
I do not dare to trade in forex because I think the coin in the forex is not very clear the movement so that the price of moving in forex is very terrible and could be just a price manipulation of some players who have very large capital, better play cryptocurrency than forex .

The movement in crypto is way better than that of forex as those currencies are being regulated so it can rise to an extent only . So if some one has to make money than you need to invest in crypto currency and it will give you a best return than any other things.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
I do not dare to trade in forex because I think the coin in the forex is not very clear the movement so that the price of moving in forex is very terrible and could be just a price manipulation of some players who have very large capital, better play cryptocurrency than forex .
sr. member
Activity: 1078
Merit: 256
Forex trading seems cool idea to intraday trading but we can't do holding for long period because we all know that from Forex  we can't have huge profit.
Cryptocurrency trading can give you huge profit as well as can give huge loss also. but Forex only better if you don't want to take too much risk then Forex will be good place to invest.

The idea of gaining a lots of earnings is more likely done inside crypto trading than forex nowadays, more people who understand and see the potentials of crypto are already placing their investment and wait till they reach their target profits, we do need to select the possibilities of gaining much bigger roi as both of  the platform can possibly give us that outcome, its just need to find our interest and use our knowledge and skills.
sr. member
Activity: 396
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
I think forex more danger and have a very high risk, I prefer to avoid playing forex because the movement of forex is also not very clear due to what the ups and downs while cryptocurrency more up and down in the cause by what.

Not that danger and obviously if you have to trade with forex you must know it like cryptocurrency before trading. Subsequently, forex had difference in trading that many novice traders aren't aware and it is more difficult to trade if you haven't enough skills in making trade.
newbie
Activity: 166
Merit: 0
In trading for you, and you are willing to put up a relatively small dollar amount and earn a small amount of dollars in return. Also as others show, it is filled with inexperienced traders like you who have no experience in the market. Do not trade in traditional forex or Bitcoin but my impression is if you trade in traditional forex you will compete with many big players with more information or benefits than you have.
full member
Activity: 476
Merit: 100
I think forex more danger and have a very high risk, I prefer to avoid playing forex because the movement of forex is also not very clear due to what the ups and downs while cryptocurrency more up and down in the cause by what.
newbie
Activity: 1
Merit: 0
I holding both. first one to sell is my forex.
jr. member
Activity: 168
Merit: 3
#Please, read:Daniel Ellsberg,-The Doomsday *wk
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?

Because forex brokers do not act on best interests of their clients, fees/slippage are too high, you don't have access to full order-book etc ...
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