Topic: How is trading cryptocurrency different from stocks and forex trading? - page 4. (Read 1431 times)
April 23, 2018, 01:23:31 AM
I also really feel the difference between crypto, stock and forex trading, because crypto trading time can be done anytime without any time limit and while stock and forex must be done in working hours.
April 23, 2018, 01:17:32 AM
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
Source: Forbes
https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594
I find the difference in them is that normal investing instrument is using real cash for buying and selling of that asset you are holding and not like crypto which you need to change to either eth or btc and even doing an additional step using eth or bts to buy various type of altcoins which i think is the main difference between them. Normal invesment is more to centralize and crypto is decntralise.
April 23, 2018, 01:02:14 AM
the biggest difference is that when you trade altcoins you are trading thin air in a bubble. it can burst at any time and it is extremely manipulated. there is no way you can predict the altcoin market in long term and it is pretty hard to predict it in short term also. pump and dump may happen everywhere but it is the only thing happening among altcoins.
Dear mate,
I don't agree with your opinion depending on 2 main reasons:
1. Which altcoins do you trade and do you deeply understand the ones you are holding?
2. Pumping or dumping, long-term or short-term, bubble or bottom etc.. is a different story and we have to face with them daily or even in some seconds. This is mainly the story of financial market which has happened for decades. Nothing's new here
As for me, I bought some altcoins, such as: NEO, EOS, WAVES, LTC and some tokens also. I have still holding them without any problems as you said
Best regards
April 23, 2018, 12:47:51 AM
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
April 23, 2018, 12:46:06 AM
the biggest difference is that when you trade altcoins you are trading thin air in a bubble. it can burst at any time and it is extremely manipulated. there is no way you can predict the altcoin market in long term and it is pretty hard to predict it in short term also. pump and dump may happen everywhere but it is the only thing happening among altcoins.
April 23, 2018, 12:25:37 AM
Difference between trading of forex and cryptocurrency is that forex is controlled by the countries because every country has its own interests and they can make changes in their currency as per their requirement and can create negative or positive effect but crypto currencies don't have any control and it cannot be influenced by any decision due to decentralised.
April 23, 2018, 12:10:59 AM
When you sell your bitcoins, you need not give any additional tax but in case of of stocks, you have to give taxes based on when you withdraw the maturity. Also, investing in stocks can have a lot of costly fees. If you opt for no-load mutual funds, you don't have to pay any fees. You don't have to worry about trading fees that can be very steep when buying and selling stocks.
Note that these rules may vary from one country to another and this answer is based on current regulations in my country.
Note that these rules may vary from one country to another and this answer is based on current regulations in my country.
April 22, 2018, 07:31:07 PM
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.
April 22, 2018, 05:06:44 PM
Stock Exchange is good market too I Think no doubt of Stock market but also the difference in stock market and crypto is latest technology is required and like to invest in latest technology but one thing is good in crypto market that is bitcoin because bitcoin future and demand is growing better and better that is why I prefer to great future of crypto Market,
February 20, 2018, 06:29:08 AM
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
Source: Forbes
https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594
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