I just understand that cryptocurrency trading is very well safe compare to forex trading.
In which respect are they different in risks? Both are speculative assets and both carry similar risks.
In cryptocurrency when bitcoin is high like this time, everyone will fine in the market. But greedy trader will not be fine.
All traders are greedy, you understand what I mean? Because if they were not greedy they would not be trading in the first place. Also a bull market means people are going to sell to profit, not buy to lose if they are diligent enough. Being fine and being profitable is not the same. Someone can have a stable portfolio and not sell at this time too. It all depends on what you mean by "fine"
Everyone will be fine because if you loose don’t sell on loss just wait and the market will come back. i read about fundamental and technical analysis but I use different one which I dnt knw the name.
If you dont sell at the bull, you will lose an opportunity and then when the market hits bear you will be stuck again. Not being able to recycle the money is a bad thing too.
But in forex if the market is against you, its against you.
Ask any veteran forex trader and you will get a proper answer to this. This forum is a bitcoin forum you will only get a biased answer here. I myself think that any speculative market can be profitable, it just depends on how you trade.
If it was true that forex was less profitable, then no one would be trading on it. But that is not the case is it?
What is the name of my style, is it fundamental or analization.
Seriously, wut?