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Topic: Bitcoin traders, why don't you just trade forex? - page 9. (Read 25184 times)

full member
Activity: 532
Merit: 103
Forex trading is much tougher than trading on the cryptocurrencies market. There you have a margin leverage and a swap of brokers. Also, brokers try to rob you all the way to the bottom. On the cryptocurrencies market, the situation is different: here you control your asset, you can store it for as long as you want, without paying any commission. However, in the cryptocurrencies market, the credibility of running into a lot of swindlers is greater. On Forex, it's almost impossible. Another advantage of forex trading is a much more convenient trading terminal with more advanced analysis tools.
member
Activity: 476
Merit: 10
CAT.EX Exchange
most likely because trading in forex has a very high risk than trading bitcoin, in bitcoin the movement of the price is very clear and can be seen going where the price because there is a total supply coin that looks different from forex that is not too clear and transparent.
sr. member
Activity: 910
Merit: 371
It's very simple
Because I am fascinated by blockchain technology and new market opportunities first of all
It's cool to be a part of technical revolution and all this stuff
Secondary, it's of course, volatility of this market and huge potential for growing
You can't see it on the Forex market


full member
Activity: 434
Merit: 105
I think there is a big advantage for bitcoin and other crytocurrency trading because the fees are a percentage of the trades. Also, the fees are very low, so you can make very small trades and the fees are almost insignificant.
We are unknown for the transactions and the return of profit has a great value because of fluctuation on its prices and we can determine the flows on the market. There's no stable prices it can range up to our targets so that's why I grab the opportunities of bitcoin has.
full member
Activity: 350
Merit: 111
I think there is a big advantage for bitcoin and other crytocurrency trading because the fees are a percentage of the trades. Also, the fees are very low, so you can make very small trades and the fees are almost insignificant.
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
Because of the high profitability of the market, we are able to earn very fast profits in a short period of time. Forex trading is profitable, and sometimes they are volatile, but they are safer. BTC. The more risky the market, the more risky you can get rich quick.
member
Activity: 305
Merit: 10
I love to trade as well in forex but i see a lot of risk in forex trading unlike with trading here with bitcoin and other altcoins.  And i dont have enough knowledge on how to tradr with forex.
newbie
Activity: 40
Merit: 0
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?
Actually you don't have to choose. Me and some of my friends trade stocks, forex, and crypto/BTC. When there's no opportunity in stock market, we switch to forex, but then recently with the BTC being hyped, we found that it is some much easier and faster to earn money trading BTC especially if you are good in reading charts. For instance, I made about 150% gain in weeks of trading crypto while my other friend made 200%, that's double your money in a couple of weeks' time.
sr. member
Activity: 1036
Merit: 329
I think that forex is just a scam and nobody can win there. Bitcoin is decentralized so you guaranteed can recive your profit after good deal, on forex i'm always losing...

actualy, tradingwise, Forex is more decentralized than Bitcoin. think of a network where all Bitcoin exchanges build an orderbook together. Forex is more or less like that.
Most people don't actualy trade Bitcoin. They buy and (bag)hold. This obviously can't work in Forex (and wont work in Bitcoin forever, too)
they are having different characteristics on how we can be able to make money on this two and some traders also have a lot of opinion to be on here how they may have to do on here.
legendary
Activity: 2413
Merit: 1003
I think that forex is just a scam and nobody can win there. Bitcoin is decentralized so you guaranteed can recive your profit after good deal, on forex i'm always losing...

actualy, tradingwise, Forex is more decentralized than Bitcoin. think of a network where all Bitcoin exchanges build an orderbook together. Forex is more or less like that.
Most people don't actualy trade Bitcoin. They buy and (bag)hold. This obviously can't work in Forex (and wont work in Bitcoin forever, too)
newbie
Activity: 1
Merit: 0
Crypto-trading is much way easier and safer than forex, and I believe in bitcoin's value after a few of years.
newbie
Activity: 154
Merit: 0
I think that forex is just a scam and nobody can win there. Bitcoin is decentralized so you guaranteed can recive your profit after good deal, on forex i'm always losing...
member
Activity: 217
Merit: 10
Trust management of Digital Assets
Forex trading is very tough in terms of its conditions. Forex does not forgive mistakes, does not allow to fix them with time.
You thought, that cryptotrading forgive mistakes ? Shocked Grin
member
Activity: 406
Merit: 11
I'm trading in forex and crypto. In my opinion, analyze in forex is easier than bitcoin because every news about economics, politics, oil, commodities will give effects to all pairs, sometimes condition in some countries have a big effects. Technically and fundamental have balancing to the price. In other else, crypto is difficult to analysis because supply and demand is not controlled and bad news in some countries is unpredictable.
jr. member
Activity: 150
Merit: 2
The crypto market - for those who know how to move - offers many more opportunities for gaining than forex, due to its high volatility.
But it is better to learn trading in forex, because it creates a solid base of knowledge.
full member
Activity: 268
Merit: 100
because forex is suck and it is only for old man. We are the new generations with a lot of knowledge and technology in our hand. We can make money from cryptocurrency and it is better than making money with forex. we are crypto traders and we love crypto
member
Activity: 350
Merit: 12
Forex is the platform from which all wannabe traders should start, because it gives the best possible training. Then, once you are experienced, you can venture into the crypto, which are much more unstable and unpredictable. (but also more profitable)
full member
Activity: 406
Merit: 100
Forex trading is very tough in terms of its conditions. Forex does not forgive mistakes, does not allow to fix them with time. On the cryptocurrency market, the situation is different. You buy an asset, invest in it. And when you are comfortable selling it. There are no leverage (I hate it), broker commissions (swaps) or margin call. Therefore, personally, I prefer the cryptocurrency market.
Yep that's the point, too complicated about variable in forex game. That's why many company offering of broker service, the velocity of money is controlled by leverage. Actually, In cryptocurrency market trading, there were more simple set limit sell and buy. The price usually controlled by issue media/technical and holiday event.
sr. member
Activity: 1498
Merit: 416
Simply just because I think trading with crypto has more potential comapred to forex trading. Cryptocoins are more volatile compared to asset on forex I guess that is why I prefer to trade upon it. Besides, crypto is more risky compared to forex that's what makes it more profitable.
jr. member
Activity: 102
Merit: 2
OPEN Platform - Powering Blockchain Acceptance
Forex is a market where institutional investors move, is very stable and earns on micro-movements. Crypto allows much greater profits, if you know how to work, but obviously also big losses.
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