Topic: Bitcoin VS Trading forex ? - page 3. (Read 593 times)

I know that many top traders of large banks go to cryptocurrency because volatility is much greater and you can earn a lot

I haven't had much experience about forex trading but from the way I see it, it's hard to profit there with a small capital in hand probably from the fact that it has began way longer than cryptocurrency which makes its market capitalization huge. Bitcoin on the other hand has still a lot of room to grow and it's its volatility makes it great for small time investors or even giant companies. But of course, Bitcoin is much riskier because you never know when the price will make its move but you can have some speculations which will help you. I'd say Bitcoin gives more profit than forex.

I think it is indeed safer than on forex. Once I play forex, but not at home as well. Because the benefits are too few. Then after I switched to bitcoin, the difference is very pronounced. Especially in terms of this transaction. bitcoin transactions more secure, as well as more private. So I also enjoy if you want transactions in bitcoin.

reason no 4, i couldn't get it. bitcoin price is not stable i think. but with its unstable, you can buy it very low, and sell it very high later.
i saw many chances to gain more profit in trading crypto than trading common forex.

I think so, because to make profit in crypto we can do it only by hold it, but in forex market is not possible to hold open potition because trading forex with margin will make the risk higher , so we have to check the price everytimes. To predict price action of forex is more hard because we should make analysis in both currency, for example pair of EURUSD, so we have to make analysis of EUR and USD, but in BTC trading that paired with fiat /USDT will be more easy because we make analysis the price of BTC only and USD will be stable currency.

yes i agree, beside more secure, it is more profitable too. because bitcoin price is volatile, we can gain great profit.
for example when bitcoin price falling greatly, you buy it. few months later bitcoin price rising back, then you sell it.

Forex trading is fiat money trading. Bitcoin or crypto trading is digital money trading. I like crypto trading better because it is new ang more exciting. It has a greater chance of profit.

The difference between bitcoin and trading forex is: Crypto is more fluctuative than trading foxen. You can check the previous price on coinmarketcap. From my perspective I think crypto is better than foxen because forex is more risky than crypto.

I've heard of forex trading causes people to lose money, but I do not know what the procedure is..

in my experience it is more risky forex than bitcoin, although bitcoin is fluctuating but its regulation can be trusted. while forex I think too slow and less steady.

Forex is not for everyone where as bitcoin is for everyone.Bitcoin is more secure than forex . If Forex price down it will be deserter but if bitcoin price down it can be creased also Bitcoin Crypto currency is very much fluctuate able than forex . Bitcoin trading is more profitable than Forex . Bitcoin is faster than forex and there is no problems and conditions during transactions.

Yes you are right, in trading bitcoin there is no margin call, unlike forex there is a margin call, you can lose a lot of all your money

FOMO MomentsCrypto markets have been yo-yoing all week, one day up the next down. We end the week in the red once again as prices have fallen across the board and Asia is leading the selloff. Total market capitalization has fallen to its lowest level in a month and Bitcoin has shed another 4% on the day. Currently BTC is hanging precariously close to $8,000, if it falls below this things will get messy fast. Altcoins as usual have been hit even harder with a sea of red across the boards this morning. Only one way outside the top 25 is posting a gain today, and it is DigixDAO.There has been no negative news or governmental clampdowns to spark this sell off but all gains over the past 30 days have been wiped out once again. Coinmarketcap is showing that the only altcoin resilient to a bearish market is DigixDAO once again. Currently trading at $198 DGX is up 3.5% on the day from $190 this time yesterday. It ends the week at a similar level to where it started, around the $200 mark. Over the month however there have been losses for DGD of 17.5% from $240 to its current level. Against BTC Digix is up almost 8% to 2461000 satoshis from 2283000 sats this time yesterday. There have been no weekly gains on Bitcoin as DGD was trading at roughly the same level this time last week.

I invested in bitcoin and I managed to make good money on the pump, and I want to buy a bit again. I’ ve never tried forex, but it seems for me that it’s something same.

if we make good use of it, and we are not established people with the wealth we have, bitcoin provides a much better opportunity, they can give you wealth quickly, but you have to stay alert

Yes!
I agree with you.
And I need to admit that I grow tired on people keep comparing crypto and forex trading. These are different animals.
In crypto we don't use leverages, margin calls or pips measurement.
Crypto are much more like assets trading.

Forex is a classic, there are a lot of adjustments and you can earn only with a lot of experience. on bitcoin, you can roughly guess when it goes down or up, but the price fluctuations are much greater, so earnings here can go out more.

I think bicoin is more safer than forex to transact with. Even though Bitcoin has a fluctuation tendency and it's quite difficult to predict its price for the future, I feel like forex is not as much secured as bitcoin. Besides, the profit making in bitcoin is fast and higher than forex. So, bitcoin is more preferable to me.

Bitcoin and crypto trading have silenced Forex trading right now, you hardly hear people talk about Forex any more, people only talk about cryptos and cryptos and soon it could kill the Forex trading, if it have not killed it already.

Trading forex and cryptocurrencies were almost the same. Here with cryptocurrency we'll be using the different altcoins as well the bitcoin for the trading needs. With forex it is possible to make big profit, and for the same it needs a huge capital which is not required with cryptocurrency. Because, the fluctuations were not limited compared to the forex.