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Topic: How is trading cryptocurrency different from stocks and forex trading? (Read 1350 times)

newbie
Activity: 81
Merit: 0
I think depending on each platform, cryptocurrency can also be traded like a stock exchange or forex. In the future, crypto could have a wider range of trade, unlike the current exchange. The difference is only in digital assets and physical assets.
The main differences are those sold by digital products and physical products. Changes in cryptocurrency prices are very fast, forex and stocks are slower. For certain countries, cryptocurrency is prohibited, while forex and stocks are not prohibited for transactions. The most obvious difference is anonymous cryptocurrency, while forex and shares of the owner are known.
full member
Activity: 280
Merit: 100
How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594

of course different, but technically it has similarities in terms of analysis, technical analysis and reading charts. Forex trading requires more time and collects all information from various countries. but crypto trading is simpler
hero member
Activity: 1274
Merit: 516
Stocks and forex trading looks simple than cryptocurrency which is more complex and lacks information to help traders to make more informed decision. In stocks, the information about the company can easily help predict the price of the stock than information on cryptocurrency.

Yeah stock is more predictable because there are a lot of data that we can used and there are insurance, so the price can't go very high or drop very low, so it's safer to trade stock rather than crypto, but the earning from crypto is limitless and you don't need any documents to start trade crypto
member
Activity: 350
Merit: 10
Stocks and forex trading looks simple than cryptocurrency which is more complex and lacks information to help traders to make more informed decision. In stocks, the information about the company can easily help predict the price of the stock than information on cryptocurrency.
member
Activity: 546
Merit: 17
thank you for the information, so, I think that crypto volatility is more difficult to predict, because it is very fast.

forex trading, only provides USD currency and others, but crypto trading provides more thousands of assets or coins to trade.
jr. member
Activity: 182
Merit: 1
Forex is a good and well-established market but the assets that are on it do not bring such income as from the cryptocurrency market.
sr. member
Activity: 672
Merit: 253
Since stock market is traditional, it is controlled by big-fat investors and stupid governors. They never lose money where market goes. Whether it bear or bull, they find a way to win. Because they are not only players in the game, they also make rules. For example, one a day you saw that a new tax instrument for goverment come into force. For now, crypto market is not in the servise of governors or any other groups. They intend to change it and take measures to impose their own rules to crypto market.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
totally different

especially if you are talking trading alts

there is no regulation, no way to verify there is anything behind the white paper dreams and no way to verify most devs real id, no way to know if the exchanges are in on it

It is purely a gamble.

You are trading alts you are pretty much pure gambling.
sr. member
Activity: 789
Merit: 243
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I think depending on each platform, cryptocurrency can also be traded like a stock exchange or forex. In the future, crypto could have a wider range of trade, unlike the current exchange. The difference is only in digital assets and physical assets.
copper member
Activity: 210
Merit: 2
www.daxico.com
the difference between cryptocurrency trading and forex trading have are big difference , the difference is liquidity.is difficult to exist or enter  a trade in cryptocurrency trading in crypto exchanges , for example you find it difficult for your sell or buy order to be match with some one  who is not ready to sell or buy at your own price , price of cryptocurrency can be manipulated by whale unlike the traditional  Forex market. the world bank pump 5 trillion Dollar every day in the forex market for   easy liquidity of financial instrument but the cryptocurrency is not  substain by the world bank.
newbie
Activity: 23
Merit: 0
Yep, crypto markets are way more volatile and more dynamic. That’s the main difference. While stocks or forex markets are related to classical economics, crypto exchanges don't comply with traditional rules. They work 24/7/365, and prices change rapidly. Experienced traders make huge profits in hours or days, they make x5-x100 thanks to a few transactions. It’s impossible for traditional trading systems. As for other features, there is a giant number of coins and tokens. There are around 200 fiat currencies but more than 2,000 cryptos! You can buy crypto for fiat in different pairs, say, XRP for EUR (https://cex.io/xrp-eur), or you can sell BCH for USD, and so on.
newbie
Activity: 159
Merit: 0
It is very different between crypto trading and forex stocks, crypto trading runs for 24 hours without knowing working hours and running continuously and while forex runs during working hours, and crypto does not use margin like forex.

Dear mate,
I know some crypto exchanges allowing traders to use margin account and traders can select different leverages depending on their trading status.
https://www.bitfinex.com/features
https://www.huobi.com/
https://www.bitmex.com/
https://whaleclub.co/

I do think that there are more than 10 crypto exchanges allowing users to trade with margin account

Best regards

Yeah, they are not so many. But still... I would like to mention that CEX also allows margin trading ( https://cex.io/margin-trading ).
member
Activity: 406
Merit: 10
How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594

You could explain here how is the differences between trading crypto and forex instead only giving link.
the most thing that different is, the price movement of course. Crypto price are more unstable than the forex price in the market.
hero member
Activity: 980
Merit: 502
How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594
No doubt that the crypto trading and the stocks and forex graduate two completely different things and the foremost difference between two is that no investment including forex and stocks is able to provide such a good profit in short span of time and then the forex and stocks valuation flactuates but they are not that much volatile as these crypto currencies are, as they are finest invention in this economic world and has brought a revolutionary change in the economic market.
jr. member
Activity: 266
Merit: 1
The cryptocurrency market at the moment with respect to stocks and forex is very volatile and not stable. At this point in time, the downstream market is not fully prepared and some inaccuracies need to be corrected. Stocks and forex are already dependent on some news from which others do not depend.
legendary
Activity: 2618
Merit: 1103
IMO the main difference is the amount of manipulation caused by large numbers of coins being held by single entities. If we add that another huge amount is held by newbies, people who have no idea what they're buying we get a volatile mix where the whales prey on the weak hands. Don't get me wrong, the stock market is very similar, but in cryptocurrencies everything is much more intense.
full member
Activity: 1260
Merit: 100
How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594

Maybe forex trading will be more easy ? Because i know the cryptocurrency price is very not stable.
If you are trading with something with unstable value, it will be riskier but the profit will be better than a stable one.
jr. member
Activity: 532
Merit: 5
i do not advice trading on crypto for beginners or unexperienced investors, cause trading needs experienced and knowlodge furthermore crypto market still  is not stable market
member
Activity: 406
Merit: 10
Crypto trading is actually easier than trading in securities or foreign exchange. I believe this is a market for those who want to get rich but have little money. This is the market for me and some other poor.
sr. member
Activity: 644
Merit: 259
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cryptocurrency has a very good volatility, but it has no leverage in standard exchanges. it is very convenient for earning and reducing risks
Cryptocurrency trading is exactly the same as forex trading because it's all about currency trading but you must know a great deal about cryptos before you engage in crypto trading so that you will not run the risk of losing a lot of money.
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