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Topic: is crypto trading different from forex trading. - page 5. (Read 661 times)

full member
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Merit: 111
If you are asking about in between Crypto and Forex, yes they are differ to one another mate. Because in Forex trading you are using the real fiat currency and the duration time of trading is very minimal or very limited unlike in cryptocurrency trading is the opposite of Forex, But both side can give a good profit depending in the choice of the traders as well through their skills of understanding in terms of trading.
jr. member
Activity: 31
Merit: 1
Cryptocurrencies are very volatile while forex markets are more stable. ... Such moves are rare in forex markets and mostly occur in exotic pairs. In this light, it is easier to control risk on forex, but the profit potential is bigger in crypto markets.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
I do not trade forex but there's a big difference from the two of it. The fluctuation that you get in forex is higher than the usual volatility of crypto.
It depends, forex are automatically traded using leverage which is called lots size, the more the size the higher the risk. Spot crypto trading is also still risky, depending on the coin you are trading, the best is to hold when the market dump. If we compare crypto future trading to forex trading, they are both risky, depending on the leverage size that is used.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
hello everyone.
i sign up in this website to study how to trade crypto. i have traded little in forex but i do not understand major part of it. is crypto trading the same with forex trading?
I do not trade forex but there's a big difference from the two of it. The fluctuation that you get in forex is higher than the usual volatility of crypto.
But we always tell people when they're about to trade crypto, they should be aware of the risk. So I think that you're very much fond of the risk with forex too.

i have account with binance and i have 85 usdt i dont know if it is too small for trading but that is what i can afford. anyone can help me with the link of how to learn from beginning and what type of thing to learn.
That's a good start for someone like you in trading crypto. If you have an idea about trading in forex, there's not that really a need for you to learn a lot aside from the fact that you get to trade with too many altcoins.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Yes, There is many difference between Crypto Trading and Forex Trading. For example Forex trading is more risky than Crypto trading. Forex trading looks like gambling if you don't have any idea about the indicators you may lose all of your money on it. On the other hand Crypto trading also risky but not like the Forex.

btw here is a link about the difference between Forex and Crypto trading. https://finance.yahoo.com/news/cryptocurrency-vs-forex-market-similarities-073453354.html?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
If you’re talking about day-trading, then there are huge overlaps because chances are you’ll be using the same indicators. Because in the end, with crypto, you’re still trading assets that are moved by the same kind of market forces(supply and demand and all that).

Of course, don’t expect it to be literally 100% similar.
hero member
Activity: 1134
Merit: 643
BTC, a coin of today and tomorrow.
hello everyone.
i sign up in this website to study how to trade crypto. i have traded little in forex but i do not understand major part of it. is crypto trading the same with forex trading? i want to learn how to trade from this website. i have account with binance and i have 85 usdt i dont know if it is too small for trading but that is what i can afford. anyone can help me with the link of how to learn from beginning and what type of thing to learn.
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