Can you really make money on Forex? - page 21.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Bunsomjelican on May 29, 2017, 07:00:41 PM

Quote from: bitcoinwonders010 on November 12, 2016, 05:53:51 PM

Anyone tried or currently trading forex is it possible to make money on it?

Yes you can earn money in forex, but you need to comply their requirements first before you can make a trade to their platform.
And it is needed that you have a broker who will guide for you to get profit on it..

There are two ways to try to make money in forex, to try to do it yourself or to hire someone, if you hire someone then that person will have experience doing that but the problem is that most of the time they are going to charge you for every trade they make and they will try to over trade to charge you even more money, also most of the time they are not going to earn money anyway so it is a waste of time and money.

Xavofat

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Did you see that ludicrous display last night?

The Chinese government can't really decide that very easily. They can increase the supply but the currencies are still heavily traded against each other.

Forex is reasonably safe except in the case of hyperinflation like in Venezuela. But we all know perfectly well that the price of cryptocurrencies can fall to zero as well.

k@suy

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Of course, you can make money with forex, but I think it is more risky and you must need to learn more technical analysis to do it. Compared to cryptocurrency, I would prefer crypto trading. I have friends who are making money with forex, and also friend who lost their money within minutes/seconds.

pitham1

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Quote from: syaripudin on May 30, 2017, 05:00:49 AM

First in forex we have to know how to buy or sell currency to get money, and actually its way is the same with the way of buying and selling stock as usual, by way of treding and others

There is a big difference because Central Banks and Governments periodically influence the market. They might buy / sell currency to curb volatility or to give direction to the market. If the Chinese government decides that the yuan is overvalued, there is no way you are going to make money by trading against it.

batang_bitcoin

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Quote from: jonosutio on May 30, 2017, 05:41:46 AM

I do not have experience about forex, I will learn to run something that I have never touch so far.
The same bitcoin forex which is more profitable right?

It's good to learn about forex, there are traders that are offering their service with your investment. They are the ones that will play for your trades and the profit will go into your account but in return you need to pay them some fees regarding on it. That would be a win-win situation for you, for me bitcoin is more profitable than forex.

jonosutio

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I do not have experience about forex, I will learn to run something that I have never touch so far.
The same bitcoin forex which is more profitable right?

prieaji

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I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.

syaripudin

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CryptoTalk.Org - Get Paid for every Post!

First in forex we have to know how to buy or sell currency to get money, and actually its way is the same with the way of buying and selling stock as usual, by way of treding and others

kintuull

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on the off chance that you are another wannabe trader, then why you need to concentrate on Forex? I don't exactly get it. Rather than Forex exchanging we can accomplish a great deal more with digital money. In the event that you demand that exchanging is the way you need to take after then figure out how to exchange cryptos. Certainly, Forex veterans will state that digital money is unstable and cost can't be anticipated as effortlessly. However, at last you will have capability of substantially higher benefits than Forex at any point advertised.

aniespresident

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yes obviously the length of you have the persistence and the abilities to dissect remote markets and willing to loan time to concentrate diverse changes on various markets far and wide. I know a few companions who make a considerable amount of cash ordinary out of forex, and I'm considering going along with them sooner the length of I got the capital required.

Sled

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Bitcoin- in bullish time

Quote from: Bunsomjelican on May 29, 2017, 07:00:41 PM

Quote from: bitcoinwonders010 on November 12, 2016, 05:53:51 PM

Anyone tried or currently trading forex is it possible to make money on it?

Yes you can earn money in forex, but you need to comply their requirements first before you can make a trade to their platform.
And it is needed that you have a broker who will guide for you to get profit on it..

It is not that easy to make money in forex, it is not that submitting requirements then you can earn because it is a lot way harder than that like you need to study the market and you need to read the news about currencies and also about to the country and you need to study everyday to be a good trader, it requires a lot of time and effort before you make money in forex but once you good at it then you will be easily make money.

Bunsomjelican

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Quote from: bitcoinwonders010 on November 12, 2016, 05:53:51 PM

Anyone tried or currently trading forex is it possible to make money on it?

Yes you can earn money in forex, but you need to comply their requirements first before you can make a trade to their platform.
And it is needed that you have a broker who will guide for you to get profit on it..

Jikalau

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Quote from: transabox on November 13, 2016, 05:24:06 AM

Quote from: ?? on ??

Quote from: bitcoinwonders010 on November 12, 2016, 05:53:51 PM

Anyone tried or currently trading forex is it possible to make money on it?

You can also lose a lot of money trading forex. It's pretty tricky.

Yes it is. Beginners usually lose money in Forex. It is impossible to think that the forex - it's easy. No, this is hard work

Yes be careful to play forex when we are newbies.
We have much to learn from the already successful.
Even if forex make money it must be careful
Because forex investments are at high risk.

cram03

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well first time i heard about forex the forex site is about to close.
All of the forex site will be close someday but you earn from it if you are pioneer many chances of winning if you are pioneer.
We can make money on forex.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Lieldoryn on May 26, 2017, 12:05:02 PM

Quote from: kpcian on May 26, 2017, 11:23:46 AM

Yeah, some of my friends has been capable of earning money from forex. Once upon a time I didn't believe on forex but seeing their activities I gathered some credibility about it.but it needs a lot of capital and also experience. Not only that but also you need a strong network to maintain your forex business. It's too risky to earn money from forex.

My friend puts visitors brokers during the seminars Forex. She talked with many of them and came to the conclusion that Forex is a Scam. It's impossible to win. You can smile luck, and you will earn some money, but if you continue you can be sure you will remain without money.

It is not a scam but you need to really know what you are doing, for example in the last US presidential election, Hillary was the big favorite when things began, and when the results of the elections were not as good as they thought and the probabilities of Trump becoming president got higher the Mexican currency began losing territory against the dollar at a very fast pace, if you were able to get advantage of this you should have made a lot of money.

Lieldoryn

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Quote from: kpcian on May 26, 2017, 11:23:46 AM

Yeah, some of my friends has been capable of earning money from forex. Once upon a time I didn't believe on forex but seeing their activities I gathered some credibility about it.but it needs a lot of capital and also experience. Not only that but also you need a strong network to maintain your forex business. It's too risky to earn money from forex.

My friend puts visitors brokers during the seminars Forex. She talked with many of them and came to the conclusion that Forex is a Scam. It's impossible to win. You can smile luck, and you will earn some money, but if you continue you can be sure you will remain without money.

South Park

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I am terrible at Fantasy Football!!!

Quote from: btcjoin14 on May 25, 2017, 12:56:00 PM

If you could make money on Altcoin trading then you might have a chance within that Forex game since the markets pretty much move in the same directions. Just a regular up, down and sideways movement is not that hard to view the outcome from those movements, the only thing that you might want to have considered would be to have the right bankroll management so you could diversify your portfolio in order to make more money and decrease the chances of losing a bunch of money on it.

But the biggest difference in forex is that you are dealing with very established markets you cannot rely on getting a home run like you can do with altcoin, where even if you choose some losing coins as long as you predict correctly the one that is going to pump you can make so much money that you can erase all your losses, sometimes in a single day.

kpcian

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Yeah, some of my friends has been capable of earning money from forex. Once upon a time I didn't believe on forex but seeing their activities I gathered some credibility about it.but it needs a lot of capital and also experience. Not only that but also you need a strong network to maintain your forex business. It's too risky to earn money from forex.

EdenHazard

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Quote from: darthmaul on May 25, 2017, 01:18:57 PM

Foreign exchange is multinational trading platform. It requires lot of skills and people are crazy about it. There are masters behind the forex playing you as a game. You must be one step ahead, there are small decimals you have to look after, do the math, aftermath and all the calculation very quickly. The market goes up and down in fraction of seconds, you have to look after news update every hard hour and manipulate your very own trade. That is how it feels like forex. Now imagine yourself doing that. Wink

you need a lot of capital and also network to make trading on forex profitable.

otherwise you will just get mocked by the big players, or you can simply join the group which there a lot of big player and play the game of manipulation together. to trade on forex truly complicated , pretty contrast compared to trade on bitcoin/cryptocurrency.

ScriptYoYo

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Quote from: AjithBtc on May 26, 2017, 07:18:17 AM

Quote from: BigBos on May 26, 2017, 05:35:35 AM

Making money from forex is quite easy, but without a deep experience, you will not be able to make so much money. Well, maybe if you're the first time to heat it up, you'll feel the loss, because it takes a lot of experience.

Agreed, forex give the ease of earning. Most of the time experience highly matters with the forex activities. For a beginner it's good to do cryptocurrency trading which is much risk free and doesn't need that experience similar to forex. Most of the exchanges provide the best price and the pump and dump of each coin. This helps select the right one and make trade for a profit.

Yes, it is better for beginners to use crypto currency. Earning on the forex is not suitable for everyone, because it requires good knowledge and in-depth analysis.

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