Depends on your skills as a trader. However, cryptocurrencies are volatile and come with great risks. On the other hand, forex trading comes with liquidity. Although this doesn’t mean that forex is better than crypto or vice versa. It actually depends on you and your requirements.
Topic: forex trading vs cripto trading - page 2. (Read 2409 times)
I think that forex would be a better choice when it comes to trading. It’s more predictable compared to crypto trading and you can trade while having more control of the situation.
Crypto and forex trading are very different, in particular, the volatility of the crypto market is much higher than that of the stock market.
Consequently, the risks are incommensurable, but the opportunities for obtaining potential profits are much greater, along with the opportunities to lose all the money.
in forex a 100% profit is a very good achievement, in contrast to cryptocurrencies, where it seems that it has become a common thing to achieve the 100% profit. of these two things actually spoil us where we can choose risk-adjusted trades. we can see forex news at forexfactory.com, where usually a trader will avoid news at certain hours that have been scheduled let alone show red. this is different from the crypto market where there is no clock schedule for every news Consequently, the risks are incommensurable, but the opportunities for obtaining potential profits are much greater, along with the opportunities to lose all the money.
Crypto and forex trading are very different, in particular, the volatility of the crypto market is much higher than that of the stock market.
Consequently, the risks are incommensurable, but the opportunities for obtaining potential profits are much greater, along with the opportunities to lose all the money.
Consequently, the risks are incommensurable, but the opportunities for obtaining potential profits are much greater, along with the opportunities to lose all the money.
People who are slow-paced traders shall move to forex or trade within known coins if they want to trade in crypto while sharp and opportunistic traders with low capital shall look for high paying new projects because they don't have much to lose but everything to gain.
Yeah, I have to say forex trading is a bit harder. You can't just buy something and hold it for a very long time and make profit easily in forex trading as far as I know. Maybe I am wrong, maybe that is possible but as far as I know long term investing into forex is not possible at all. Sure high leverage intraday trading of crypto and forex may look like each other, which it should because crypto stole that from the forex world so that makes sense, however the fact that I can buy bitcoin now and will be 10x richer in 10 years is nearly a guarantee, sure nothing is guaranteed in life but it is "nearly" guaranteed.This is why I think it is a bit different, if you make a bad trade in crypto all you have to do is hold on to your bags and eventually you will profit, that option is not available in the forex world and that is why I do not think that we could make a good profit there, not as easily at least.
In my opinion crypto is not a gambling and it is just like business but people take at as a source of gambling or even gamble. So, in my opinion crypto trading is also a good one if you have patience then definitely it will give you much profit.
Crypto trading is similar to Forex trading. Both entails the Exchange of currency but Forex is bigger and more developed as compared to crypto because crypto market is newcomer to the field. Forex is more advantageous than crypto market and hence it is better than crypto trading.
It depends upon the person that how can a person deal with both of them and how much he know and use it in which way. Because i'm using crypto trading from the past one year through which i got benefits and forex trading is also good, You can use both of them.
your post was made in 2017. Until now I prefer to trade crypto because it is easier to analyze based on market conditions. while forex trading is more difficult and the risk is greater, besides that the profit from forex is lower than crypto. it's based on my experience
First of all, I will tell you about the patience which is very necessary for trading and after that, I had preferred crypto trading because I m using crypto trading for the past one year which gave me much profit and I prefer you also to use this to get profit. That will be better in the case of crypto trading.
You will lose in the event that you sell your altcoin when the cost goes down, the misfortune or gain is made simply by the actual merchant not someone else or an outsider as a middle person. The ventures are in every case high in the worth and vacillated market can recuperate extremely quick when contrasted with different business sectors.
Personally, I'd choose crypto trading over forex trading. Although both are fundamentally the same, the crypto market is more volatile and one could make more profit as compared to forex market which is not volatile.
However, with this edge over forex comes the disadvantage as well which is the opposite of the above-mentioned point. The risk in crypto trading is higher than forex trading because of volatility of the crypto markets
However, with this edge over forex comes the disadvantage as well which is the opposite of the above-mentioned point. The risk in crypto trading is higher than forex trading because of volatility of the crypto markets
For me if i will answer the questions perhaps its cryptocurrency because crypto currency is so volatile than forex currency, wherein yes they're both very risky when it comes trading and etc but the difference is with crypto currency there's a chance to get higher reward than forex even if it's long term or short term. Thats the reason why more trader prefer to trade with crypto just to get those opportunities that cannot be seen in forex. Actually for me this is the only thing that makes them different, but over all they're almost the same to be honest.
Depending on the skill each person, but for me crypto trading is more easy and more profitable than forex trading.
Well, each to they own skills. Once it comes to trading, I believe everyone has indicators they follow to achieve results. In essence, what seems difficult for one may not be so for another. The only thing you can't say is easier in cryptos when compared to Forex trading is volatility. No industry is as volatile as crypto industry. However, being more profitable than Forex trading may be a subject of discourse and argument. I have a fair grasp of both industries and I can say that making profit is open to both. But it depends on the skills of traders to achieve maximum profits in both. There's nothing limitating anyone except set skills. Analysis of new coins is more suitable for long-term trading. For short-term trading, time-tested bitcoin and ethereum are more suitable. These are the coins that have very high liquidity and volatility. It is very risky to invest in new unknown coins.
That's correct but I must say the pairs for solid coins are so stable that it is hard to actually make money right now trading them plus the movement is random as well. You are right though, that we cannot invest in new coins just for their price and the only way to earn from these new tokens and projects is by investing in the early stage if we analyzed and find the project useful.Because of the decentralized nature of cryptos, anyone can make their own project and enter the market which means the market for cryptos will never get saturated but at the same time, the risk of investing in a scam always exists.
People who are slow-paced traders shall move to forex or trade within known coins if they want to trade in crypto while sharp and opportunistic traders with low capital shall look for high paying new projects because they don't have much to lose but everything to gain.
Which is the best for day trading in your opinion in terms of reliability and profit? In terms of profit maybe the cripto, but in terms of reliability Forex. Cripto is like gambling I suppose, you have to check the trollbox, the news and hope to jump into the train fast enough to not be burnt.
Which is the best for day trading in your opinion in terms of reliability and profit? In terms of profit maybe the cripto, but in terms of reliability Forex. Cripto is like gambling I suppose, you have to check the trollbox, the news and hope to jump into the train fast enough to not be burnt.
If a person is happy to make some little amount of profit with forex trading seriously it won't encourage me, I would still prefer cryptocurrency trading because I understand the benefits can be massive here If I will take smart and responsible decisions and the most important thing crypto trading looks more suitable to me.
In my opinion crypto trading is very good at generating daily profits compared to forex trading. Because crypto is very volatile, and more
difficult to predict. Therefore it can be utilized to generate profits quickly, but the risk is also very large. In contrast to forex which is easier
to predict its price movements, and the price is relatively stable. So for those who want to trade safely, can choose forex trading. Of course
I prefer crypto trading over forex trading, because I prefer profits quickly.
You have also analyzed these 2 options, the more profits are the higher the risk, most people will prefer to take risks. The two markets don't have a lot of contacts, so comparing them depends a lot on personal preferences. difficult to predict. Therefore it can be utilized to generate profits quickly, but the risk is also very large. In contrast to forex which is easier
to predict its price movements, and the price is relatively stable. So for those who want to trade safely, can choose forex trading. Of course
I prefer crypto trading over forex trading, because I prefer profits quickly.
In my opinion crypto trading is very good at generating daily profits compared to forex trading. Because crypto is very volatile, and more
difficult to predict. Therefore it can be utilized to generate profits quickly, but the risk is also very large. In contrast to forex which is easier
to predict its price movements, and the price is relatively stable. So for those who want to trade safely, can choose forex trading. Of course
I prefer crypto trading over forex trading, because I prefer profits quickly.
difficult to predict. Therefore it can be utilized to generate profits quickly, but the risk is also very large. In contrast to forex which is easier
to predict its price movements, and the price is relatively stable. So for those who want to trade safely, can choose forex trading. Of course
I prefer crypto trading over forex trading, because I prefer profits quickly.
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