Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
For little amount i think crypto trading is best because all on a sudden you will get back profit with your seed money but if you don't have enough fund for giving support then you can't go with forex trading. 
Topic: Crypto trading vs Forex trading - page 4. (Read 855 times)
I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.
There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
I always go for Crypto .Its high volatile market and huge chance to get return than Forex .I think crypto is the best market for all trader who are expert on trading .Its so easy to get profit here if you know the market behave welly .I have lost many funds on Forex but after starting to trade on crypto i have recovered my all funds .That's why i think crypto is more profitable than Forex .
Depends on how you like volatility. If you like volatility then go on crypto, otherwise go on forex.
They both are equally profitable if played sensibly and equally destructive if handled not with care. While many had made fortunes with crypto there are equally number of people who have been ripped off from their entire investment. Whether you choose Forex or crypto make sure you have enough knowledge of it.
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.
I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto
price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading
promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But
the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto
trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market,
but controlling emotions is also important to be successful in crypto trading.
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable but it will depend on your skills and knowledge since we all follow the general rules in trading, lessen are losses and maximize our profit. If you have the skills in trading, making money is so easy for you. Anyway, I’m not being biased here but I prefer crypto market, there’s a lot of ways to earn money here and not just for trading so better to explore further.Well, it didn't matter which one is more profitable or not, it will matter where we become comfortable and where we can maximize our skills. Many will say crypto trading is profitable but to ask, are they try forex trading? That will be a question needs to answer before we compared them.
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
It's like asking "which is more profitable? selling fruits or vegetables?".
Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.
Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.
You're right. His question is very subjective and relies on the trader himself. If you are a new crypto user, I don't think it is smart idea to go into crypto trading with a lot of money. You will lose your funds if you don't know what you are doing in crypto. But if you are already knowledgeable with forex trading, I would say, this will be profitable for you. Crypto trading needs time, experience to learn how these alts are performing in the market. There's no easy way how to learn this market. Better start small when you still new in crypto trading, and learn the ins and outs first.
It's just like when you are asking about the differences between dollars and pounds, they're both currencies that are used for exchange. The word Forex means Foreign Exchange. It's the most volatile market in world that worth more than 2 trillion dollars. So any market that deal with exchange of financial instruments is Forex.
Learning how to trade forex is just like learning how to trade crypto but with little differences. Crypto is an online currencies which are use for exchanges the same way we use fiat. Once you are good in trading general, i believe you would have little or less to learn about crypto cause they're both currency with different forms.
Trading either crypto or currency are both profitable depending on your area of concentration and your working strategies. I know a lot of forex traders who also trade crypto due to there exposure and techniques in which they use. So the ball is in your court to decide what to trade be it forex or crypto as a newbie.
Learning how to trade forex is just like learning how to trade crypto but with little differences. Crypto is an online currencies which are use for exchanges the same way we use fiat. Once you are good in trading general, i believe you would have little or less to learn about crypto cause they're both currency with different forms.
Trading either crypto or currency are both profitable depending on your area of concentration and your working strategies. I know a lot of forex traders who also trade crypto due to there exposure and techniques in which they use. So the ball is in your court to decide what to trade be it forex or crypto as a newbie.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.Precisely! if you focus and take things seriously, the chance is still there for you, it;s not because someone failed then you must follow that
path, you have your own way of learning,
if you are willing to take the risk and you are good in finding the right information about the venue of investment that you'll going to participate, better to build your own path and succeed.
Please advise which one is best.
if we evaluate the issue of high volatility, pump and dump then I would say that forex is the best option because it is less risky, besides technical analysis works better in forex
Which one is more profitable?
Crypto trading, but also Crypto trading can bring big losses
Crypto trading or Forex trading?
as I said, crypto trade has the advantage of being more profitable, but it is more dangerous and technical analysis of cryptocurrencies is more complicated, just look at the charts and you will understand what I am saying. forex rules don't apply much in the cryptocurrency market
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.Precisely! if you focus and take things seriously, the chance is still there for you, it;s not because someone failed then you must follow that
path, you have your own way of learning,
if you are willing to take the risk and you are good in finding the right information about the venue of investment that you'll going to participate, better to build your own path and succeed.
where interest of yours is really there.You would do sort of things which would really be always concerning with your current dealings.
Each of us does have different level of risk that could give out on a particular thing and this would really vary into each individual.
On the question on which one is better between forex and crypto then it does have its pro's and cons and if you do find out which one would be beneficial
and do look good for you then its up to someones choice.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.
Both are profitable and it is just up into you whether you will just choose one or have both. It will be hard to distinguish which is which just by depending on other people's experience for it will still be the best to have it be seen by your own eyes to see which can be more profitable than the other one. Trading world is vast and there are many potential coins that we might still do not know so we cannot further just conclude of which is the best since we haven't even try it all out. It is up into your preference if you will get into crypto trading alone and vice versa or you will be having both for more possibilities of gaining profit.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
profit or loss will depend on your skills in which of those platform (forex trading or crypto trading) definitely both of risks for trading, but i know something about forex it has to start with large capital one of my friend involved in forex trading.
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.
These are 2 very distinct market that operates on different platforms. Though to some extent, one incorporates the other and that is forex as, you can trade crypto on forex but it ain't nothing like crypto trading. I'll explain;
Forex incorporates cryptos as a commodity but then, the cryptos on the forex market are not an asset of value just like the regular cryptos we trade on exchanges and save in various wallets avial to us. Its value doesn't increase or decrease but then, the increase or decrease in value of cryptos determines the direction of the market for a forex trader where as, in
Crypto trading, every coin is an asset and its value is subject to change based on market conditions and it stands as an asset of value, owning them.
Forex incorporates cryptos as a commodity but then, the cryptos on the forex market are not an asset of value just like the regular cryptos we trade on exchanges and save in various wallets avial to us. Its value doesn't increase or decrease but then, the increase or decrease in value of cryptos determines the direction of the market for a forex trader where as, in
Crypto trading, every coin is an asset and its value is subject to change based on market conditions and it stands as an asset of value, owning them.
Anything can be profitable if you know "how to do it"! People are making money in million ways, some more some less, as always!
High volatility is good for day traders! Who finds some patterns can make money every day! Of course, this is one of those things that are easier to be said than done! Where are chances for high profit there is also a risk from losing what you have, one doesn't go without the other!
So what is more profitable?! I guess trying both and learning both will bring you closer to the answer to what is more profitable for you and your set of skills!
Yeah, but I would say that since Forex exists for much longer than Bitcoin does, there are more chances of earning in crypto trading than in forex trading. Anything that's relatively new to the others has higher chances of earning as compared to a saturated market.High volatility is good for day traders! Who finds some patterns can make money every day! Of course, this is one of those things that are easier to be said than done! Where are chances for high profit there is also a risk from losing what you have, one doesn't go without the other!
So what is more profitable?! I guess trying both and learning both will bring you closer to the answer to what is more profitable for you and your set of skills!
If you have massive capital, I would suggest going with forex because the profits are low but stable once you learn it.
If you have a small capital and able to take risks then crypto is all about it, take risks and they might make you a millionaire overnight or you might lose everything you had.
As most people said, neither of them is right or wrong and everything depends on the kind of capital you have and the risk you are capable of taking.
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