Topic: forex trading vs cripto trading - page 4. (Read 2409 times)
Both are great and very profitable all depending on your capital but either ways you need the knowledge to enter trading both forex and crypto. its not something youll just go into.
I believe that before making a choice in favor of cryptocurrency or forex trading, you first need to really see the real difference between them. Forex market is an opportunity to profit not only from speculative operations in fiat currencies, but also from hedging risks. at its core, Forex trading is not a currency trading, but betting between traders on the future exchange rate. at the same time, the cryptocurrency market provides the trader with the opportunity to actually trade real assets, that is, cryptocurrency. Although in fact, on the cryptocurrency market, there are also opportunities to trade futures and options. but in my opinion, due to the volatility of cryptocurrencies, a trader in the cryptocurrency market has more chances to get fast and very big profits.
You can trade cryptocurrency on Instaforex, for example: http://www.forex-broker-rating.com/instaforex
Their fees are small and the platform is pretty reliable, so I'd recommend trading there.
Their fees are small and the platform is pretty reliable, so I'd recommend trading there.
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.
1. Movements on forex less than crypto. EUR/USD make 50-70 pips per day, crypto can do much more.
2. Forex has 4 majors and about 20 different crosses. Cryptomarket has about 1000 coins and every day I can find some pumping or other formations.
Usually, I watch a hundred or charts every day. http://strymex.com helps me with this to sort daily charts and after that, i'm using 15min timeframe to search for some signals.
Trade crypto. It is technically better.
Crypto trading has not been corrupted yet I think. So there is still hope for bitcoin.
What do you mean by your words bolded? Are you talking if corruption in terms of the platforms or exchanges? If that's what you mean I can authoritatively tell you that the cryptocurrency has more fraud around it more than forex trading from exchanges listing shit coins to phishing sites stealing and hacking into wallets. You just can't be careful enough with cryptos. In FX you worry only about platforms gone bad, not hackers or phishing sites.
Depending on the skill each person, but for me crypto trading is more easy and more profitable than forex trading. Because i havebeen 2 years in forex trading but until now can not get profit consistent. And i started crypto trading a few month ago then now i got some profit. Continue learn and keep patient is key of succes in trading.
You have rightly said that this thing depends on each person’s own interest. For me, crypto trading is very much better and is recommended instead of forex trading. The profit and market value of Crypto currency especially Bitcoin is far much better than forex trading. You can earn a lot of money by trading in crypto.
Crypto trading has not been corrupted yet I think. So there is still hope for bitcoin.
I have little bit idea about those thing But not much more. Forex trading is so much profitable than crypto trading But it's so risky!!
Is there a significant difference, Forex is a slower market, but in the crypt it all depends on you, and the trade is easier and more profitable. As for me, Forex has passed the day, but many are more comfortable there or a habit.
You want to try a USD pair just after the monthly Non-Farm Payroll data is released or this afternoon when the FOMC statement comes out. Those algos the hedge funds are running on custom built machines colocated at the exchanges will rip your head off compared to crypto exchanges.
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.
Forex trading is nothing but gambling i never understood shy add the word trading to it as you just determine weather the price will increase or decrease it has no effect on the market at all.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
the concept of predicting the value of certain currency can be consider as gambling, in just a split of seconds you On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
can burned everything you got inside forex while inside crypto trading you can just hold if the market fell down and
wait till it went back and show strong rise movement before selling what you are holding.
For me, Cypto trading is more profitable than Forex. in addition to profitable, Crypto Trading have a very small risk, I rarely see people who do Crypto trading and they lose all the money. most of them only suffered losses of about 1-70%.
Forex trading is nothing but gambling i never understood shy add the word trading to it as you just determine weather the price will increase or decrease it has no effect on the market at all.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
Forex trading isn't anything like gambling, it's not a game of chance. You may be better informed and suited to trade crypto than you are forex, but to say that is the case for everyone is just plain wrong.
Forex trading is nothing but gambling i never understood shy add the word trading to it as you just determine weather the price will increase or decrease it has no effect on the market at all.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
I havent tried in forex trading so I usually on crypto trading. I find difficulty in forex trading in which the market is also volatility but I never gets how I can earn profit in it. It really also requires a strategic and study the market for you to earn. So Im on crypto trading which I understood and I am confident that I can earn in this kind of trading. Actually they are both good but it depends on a person on which they are comfortable to do trading. On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
Forex trading is nothing but gambling i never understood shy add the word trading to it as you just determine weather the price will increase or decrease it has no effect on the market at all.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
On other hand crypto trading is actually buy low and selling high we do determine or assume certain prices but st the end it is way more safer and morw profitable than forex for most people.
As someone who has tasted both sides of the divide I will conveniently tell you that crypto trading is a more relaxed engagement than forex trading. Whenever crypto traders express anxiety around me about trades gone wrong I look at them in bewilderment. They should try forex and know what anxiety is all about. In crypto trading one doesn't get to lose all funds except the coin(s) is delisted. In forex, accounts do turn red and close. Margin calls are a constant reminder of why one should be mindful of lot size. Also, forex is a two way traffic. One makes money buying a currency pair and also selling that. But with cryptos, one only makes money buying and not selling. You buy dip, then wait for its rise to sell off. In all fairness, FX has more liquidity come to stay while crypto is still finding its footing.
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.
I agreed with you. I have not enough knowledge how trading with both thing. But i have little bit idea about those Trading. As a my opponion I wanna just say it's so difficult to trade with Forex than crypto.
~snip~
The thing he said was actually right on which this thing would really depend on which one he would trade up either on crypto or on forex knowing that they do really have different kind of way on executing trades knowing that global currencies and cryptos are on different fields too on which volatility would really differ.There are things that doesnt work from one another this is why us do have really a choice on where we are profitable.The thing everyone here seems to miss about the volatility is that forex has much higher leverage. The two things cancel each other out at the very least or actually give forex far more risk/reward. If you're trading at 500:1 margin you can blow up an account much quicker than at 5:1 leverage.
As for different ways of executing trades, many forex brokers offer professional tools with Depth Of Market price ladders. Look on Youtube to see any footage of X-Trader from Trading Technologies to see how different and how much easier it is to execute trades on. Also, spreads are next to non-existent and fees massively lower, you can make a profit if the price moves only one pip.
~snip~
The thing he said was actually right on which this thing would really depend on which one he would trade up either on crypto or on forex knowing that they do really have different kind of way on executing trades knowing that global currencies and cryptos are on different fields too on which volatility would really differ.There are things that doesnt work from one another this is why us do have really a choice on where we are profitable.The thing everyone here seems to miss about the volatility is that forex has much higher leverage. The two things cancel each other out at the very least or actually give forex far more risk/reward. If you're trading at 500:1 margin you can blow up an account much quicker than at 5:1 leverage.
As for different ways of executing trades, many forex brokers offer professional tools with Depth Of Market price ladders. Look on Youtube to see any footage of X-Trader from Trading Technologies to see how different and how much easier it is to execute trades on. Also, spreads are next to non-existent and fees massively lower, you can make a profit if the price moves only one pip.
Depending on the skill each person, but for me crypto trading is more easy and more profitable than forex trading. Because i havebeen 2 years in forex trading but until now can not get profit consistent. And i started crypto trading a few month ago then now i got some profit. Continue learn and keep patient is key of succes in trading.
You have rightly said that this thing depends on each person’s own interest. For me, crypto trading is very much better and is recommended instead of forex trading. The profit and market value of Crypto currency especially Bitcoin is far much better than forex trading. You can earn a lot of money by trading in crypto.Jump to: