I would say that as a market speculator you need to be in both markets, at the moment the best thing is to be as an investor in the Bitcoin market, but only in the bitcoin market, while in the forex market if there is knowledge and if It has a lot of information because it is good to do some taing there, from what I have said in previous comments, that forex has a consolidated volume and it is easier to work like this because you would not be inventing or assuming anything, everything is under a stronger criterion and When the technical analysis is done, the probability of winning increases, but of course this is when you know how to read the volume.
Topic: Crypto or Forex? - page 5. (Read 1271 times)
Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
This is also what I think, most here (even I) only experienced cryptocurrency trading so the easiness of the process and the volatility of the market would really make them choose cryptocurrency over forex. But based on what I understand about forex trading, it is a trading that is targeted on certain people. It is for those who can settle for low returns as forex is low risk trading. Also, the level of protection through regulations could be deal breaker to some. For me, I would love to experience the forex trading soon, so that I could have an actual experience and review regarding it. But for now, like most of people here, I would also choose cryptocurrency trading as it can yield to higher returns.
The volatility of two selection is really different and people choose crypto want fast phase because it can somehow give them good profits compare to forex where the movement is so low, also sometimes it takes time before they can close up their trades and earn a profits from their trades. But same as you I also want to try forex trading soon since having multiple options to trade is really good and who knows we can also get great profits by trading in that category.
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
Why anyone choses up Crypto over Forex? Then this is mainly of the reasons;What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
1. Fast profit
2. Too volatile
3. Unregulated
4. Easy deposit/withdrawal
But somehow these advantages does have its own risks equalled which is understandable.This is why some trader do still decide on
staying up on something which is less volatile but it isnt really that bad on making yourself that involved with this two
as long you do know on what you are doing and able to manage up your time well.
Any skilled trader would chose any of the market as long as the trading asset is having enough volume, proper project path and decent future. What else does anyone need in the world of crypto? You can easily get the job done whether it’s day trading, arbitrage or futures-option. The only difference we have in both types is “volatility”. Where crypto is highly volatile, the other assets that is commodities, stocks, shares etc are highly stable. They are stable in terms of controlling power. They take longer time to reach to higher levels but they do it step by step as the market rises for that particular company.
You can imagine all the buzz based on this. However, as I opened up with one statement: it depends on what Are the skills and mastery in the field.
You can imagine all the buzz based on this. However, as I opened up with one statement: it depends on what Are the skills and mastery in the field.
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
If your skill is good in both then both have many advantages for you. But in terms of accessibility, and decentralization, I think crypto currency trading will be better than forex trading. But forex trading is also in good position due to high volume liquidation. Still, I think crypto currency trading is more profitable than forex trading, I will tell you to analyze the two things first and then decide for yourself which one is better for you. To see which one you can perform better in, you can initially do some tests on both What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Crypto and forex are kinda similar but I think they're different in just one thing. The main difference I've noticed so far is that forex prices are not as volatile as the crypto market. Both are risky, but to be honest, I prefer trading with crypto because I feel it's safer for me since I have more knowledge about it than forex. Additionally, I believe long-term investment in crypto is better than forex because I think bitcoin's value will increase significantly in the future. This is less risky than forex because no one can predict exactly what will happen in the distant future. What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
This is also what I think, most here (even I) only experienced cryptocurrency trading so the easiness of the process and the volatility of the market would really make them choose cryptocurrency over forex. But based on what I understand about forex trading, it is a trading that is targeted on certain people. It is for those who can settle for low returns as forex is low risk trading. Also, the level of protection through regulations could be deal breaker to some. For me, I would love to experience the forex trading soon, so that I could have an actual experience and review regarding it. But for now, like most of people here, I would also choose cryptocurrency trading as it can yield to higher returns.
High volatility in the cryptocurrency market is an undeniable advantage over Forex for most traders. And here the important role is played by the fact that with the right investment in a new coin, you have a small chance to still become a millionaire, which in principle is impossible in Forex.
Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.
I am still more comfortable doing trading here in cryptocurrency compared to forex because this is where I became aware and learned to earn online because of my decision to study and learn the things that should be done when I am trading. Although I also know that you can make money in Forex, it depends on the belief of the investors who come here. So of course for me the crypto market really dominates.
Cryptocurrency can come in a forex like dimension but it's not forex trading, though we traded on both but there's little difference from them both, though they also share almost the same pairs of currency but are different coins since some of the forex coin pairs are not cryptocurrency, at the end of the day, the purpose for each one is to make money from what they are trading irrespective of the pairs chosen.
Both market are good and can be very profitable it depends on the strategy you use,the knowledge you have about trading and which market suit you best. I personally don't like trading the forex market it has too much manipulations and most of my losses are from there.I am more consistent with the crypto-market and have make decent profits from it over the years .So I will go with the crypto-market.
One of the downsides of forex is the high fees and commissions charged by brokers. XGo, on the other hand, offers daily interest on my assets with zero fees.
Many brokers do charge high fees and commissions which is the reason why forex traders most time will not want to end there trades because of the commission they will pay including the fee if they end the trade at early stage. They would want to trade more or wait for the market so that they can get a preferred level when the market will go bullish and appreciat more and at the end they might incurred loses which might have been avoided if they left the trade at an early stage. We all trade for profits and I don't always know when loses will appear.When it comes to regulation or being that centralized then we know on how Forex is really that tough and strict when it comes to compliance or whatsoever but the main reason on why some of Forex
traders did really choose up crypto over forex is about on the money that they could possibly make out which we arent that blind that volatility is really mainly the difference
among the two.The more volatility of an asset is much more profitable but of course when it comes to risks then it would be an another story.
One of the downsides of forex is the high fees and commissions charged by brokers. XGo, on the other hand, offers daily interest on my assets with zero fees.
Many brokers do charge high fees and commissions which is the reason why forex traders most time will not want to end there trades because of the commission they will pay including the fee if they end the trade at early stage. They would want to trade more or wait for the market so that they can get a preferred level when the market will go bullish and appreciat more and at the end they might incurred loses which might have been avoided if they left the trade at an early stage. We all trade for profits and I don't always know when loses will appear. 
Both are full of hazardous situations and from both people are getting profit but in my option crypto is somewhat less risky due to the opportunity to hold and keep the coin for longer time. In forex trading the situation and results are based on sudden decision like that of crypto trading while in investment you don't have to worry about the lower price like that of investment in Bitcoin which you keep holding for longer time because after each down there will always be up after bear season. I didn't see that due to risky conditions someone have left forex or crypto but they find some strategies which will help them to overcome risk and improve the cost of their money.
Crypto is better off because the market is open 24hrs, outside that there are diverse trading options to chose from in which the more popular ones are future and spot trading. It also has the least level of market manipulation by exchanges unlike brokers who tries to manipulate the forex market of any slightest opportunity they get
One of the downsides of forex is the high fees and commissions charged by brokers. XGo, on the other hand, offers daily interest on my assets with zero fees.
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
At least with Forex, you won't feel the volatility of crypto, both fundamental aspects are really important to their price. It depends on your comfort if you're looking for high profit, high risk then you can try crypto but if you looking for low profit and low risk then you can try forex. If someone chooses crypto over Forex maybe crypto has big potential from their utilities
having the urge on trying out crypto and once you do able to taste and experience crypto trading then this is where impressions would really becoming to change.
Just like on what most people do say specially to those who do have experienced on which cryptocurrency trading is more challenging because of its movements.
It cant really be precisely be predicted whenever you do put up good TA analysis or whatsoever.
At least with Forex, you won't feel the volatility of crypto, both fundamental aspects are really important to their price.
The volatility part's true, that's literally the single most unique trait of crypto in a trading perspective. Far more volatile than anything else you can trade.
But from the same trading perspective, isn't that what you want as a trader? Without volatility, how does your trade hit or even aim for a target? If anything, you'll go for crypto if you're a day trader/scalper. Even without leverage (which is what forex is famous for simply because of the lower units and volatility) you can see 50% movement in a single day. That's what traders look for.
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?
Thank you.
At least with Forex, you won't feel the volatility of crypto, both fundamental aspects are really important to their price. It depends on your comfort if you're looking for high profit, high risk then you can try crypto but if you looking for low profit and low risk then you can try forex. If someone chooses crypto over Forex maybe crypto has big potential from their utilities
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