Topic: Is Forex trades is a part of Crypto Trade? (Read 703 times)

Both are indeed applicable on which you could really be able to trade and make use of TA's which you might be using up on FOrex and same goes with Crypto. We do similarly make use of those common indicators
which reading up candle stick patterns and trend via those tools which it could be applied in both Crypto and  Forex/Stocks. It is really just that mainly differs is into the time where volatility do really kicks in.
Crypto market isnt something that goes precise with TA and could totally goes opposite when we do speak about direction.
When dealing up with crypto space then you should really be wary on how this market moves and behaves. If ever you would be having the experience in between markets
then you could able to differentiate about their main differences.

You wouldnt really be that so dumb on not to see those things on the time that you do step your foot into market but if you do prefer on having that fast result then crypto is the key
but of course it would be more risky.

Honestly, it used to be that Forex was just fiat currency and they didn't trade cryptocurrency yet, then when they saw that it was trending and became popular and the average percentage of people believing in Bitcoin or crypto was increasing, they included it all of a sudden.

      And they did it because they didn't want Bitcoin or cryptocurrency to leave them. So instead of fighting or competing, they have made money from the trend so that they can keep up with it in my opinion.

There are several similarities and many dissimilarities between forex and cryptocurrency market. Similarity is both are trading platforms where profit and loss are calculated through buying and selling. Both platforms are speculative where fear resides. However, other aspects show more differences between the two platforms. Balances can be liquidated in forex trading. But crypto doesn't have that system. No matter how much the price decreases, once the expected price is reached, profit can be taken. Forex trading can be done 5 days a week but crypto has no restrictions. The biggest difference is that the forex market is regulated but the cryptomarket is unregulated. It has no regulatory body. Forex market trades on currencies of different countries like EURO-USD but crypto market trades digital currencies like Bitcoin, Ethereum or BNB. The forex market has a small amount of volatility but the crypto market is the most volatile platform.

Instill don't know why some persons still think forex trading is the same as Crypto tarfing which there is much different but there are lot of similarities between them because these instruments can all be traded whether to the bull market or to the bear market.

Some of the difference between cryptocurrency trading and forex trading is that forex trading is majorly on currencies that are used by different countries and that is what determines the price of the currency and what the value would look like. In cryptocurrency trading, we are actually trading the digital currency that most time value are attached to them based on the demand and supply.

I think the underlying logic is that the way we use the indicators and do TA is basically similar to each other and that is why they are done like this. I know that it is not exactly the same, but the methods we use have similarities between them and that is what we need to focus on.

I feel like we could end up with something much major and better and that is why I feel like we are doing something that is very important in the long run. I know that it is not going to end up with a big deal but as long as we end up with something when we do the same thing in both of them, that means we have something similar in end result and also the path that took us there. I hope that it gets better and I believe that we should not be seeing them too far apart from each other.

The forex market and the cryptocurrency market are separate industries with unique underlying assets and trading practices. Forex trading is buying and selling currencies from other nations, with the value of the deal being determined by the exchange rate between the currencies. Contrarily, cryptocurrency trading entails purchasing and selling digital assets based on blockchain technology, such as Bitcoin, Ethereum, and other cryptocurrencies.

The main distinctions between Forex and cryptocurrency trading are in their underlying assets, volatility, and trading processes, even though both entail purchasing and selling assets in the hopes of making a profit. Compared to crypto trading, which is notorious for its tremendous volatility and price swings, forex trading is more steady and less volatile. Central banks and financial institutions also control forex trade, while cryptocurrency trading is mostly unregulated.

Bitcoin or cryptocurrency has not yet been created and Forex trading is there, meaning that Forex is traded more on Fiat to Fiat. And when Bitcoin or cryptocurrency was created it took a few years before it was integrated into Forex as far as I know.

      Then when I entered the bitcoin industry the exchange here immediately had Crypto-Fiat or Fiat-Bitcoin or crypto it's that simple and even with other fiat currencies there was immediately going to crypto.

Trading in both markets in order to justify my comparison. Even the government advises citizens to anticipate fully in the forex market because it is highly recognizable in the world, unlike cryptocurrency, which is banned in most countries and the government imposes strict restrictions on them because they fear or have reasons that it will surpass the common Legalized fiat currency. Both markets have considerable volatility, and sticking to just one will help you. Figure out which market works best for you and stick to it.  Although professional traders with extensive expertise in both markets agree that if a trader can survive in the FX market, he or she will be able to survive in the crypto market as well. Forex withdrawals are filled with authentication and security-related tasks while crypto is easily withdrawable with P2P or even selling to the exchange directly without any form of a third party.

Do not confuse these two markets, one has the volume that is not consolidated, while in the forex the volume is consolidated, in another aspect the volatility in the Bitcoin market is much stronger than in the forex market, for this reason the things always tend to be different when we try to find alternatives, personally I have traded in both markets, both have their benefits and cons, for me the cons of fforex is that they need a lot of verifications to make withdrawals, while in the crypto market no.

Once you do step your foot in between markets then it would really be that impossible that you cant be able to determine on which is really that centralized or which one isnt. We've been dealing up with fiat if we do speak about Forex on which we could really be able to trade up fiat currency price and some indices or metals or minerals which doeshave some value.Whereas, when we do speak about crypto trading then it would be of course pertaining on trading up crypto. There's the main difference and the way of trading on which making it use of technicals and fundamentals would really be just actually be the same on which it would really be
just a normal approach for someone to have those choices on which one they would really be trading up according into their risks taking. The best thing on dealing up with crypto market is that volatility is something
that you could really be able to deal off with and make profits if you have done it well.This isnt something that you could achieve on doing forex in short time as possible.

Although cryptocurrency and forex trading are very different from one another, I did notice one similarity: both use trading platforms. Comparing to FX trading, cryptocurrencies are the most volatile form of trading. The platform for digital currencies has no upper or lower bound. The forex market is controlled, but not the cryptocurrency market.  Although trading cryptocurrencies carries a high level of risk, in my opinion, it is safer than forex because in cypro, your asset's price may decline, but if you hold it, it can recover, whereas in forex, if your asset exceeds your limit, you will lose it permanently.

I don't think there's any aberration comparing them at all (or any other). In comparing them, one draws out the similarities and difference in them. That can help further enhance interest or abate it. Whichever one it does, at least the participants or those who trade them should know what they're getting into or what they're already into.

Yes, that's true. We also need to mention that the FX market is a regulated one unlike what obtains in cryptos.

The OP is not making a comparison between the two, but rather asking about the difference between forex and crypto trading. See what he said below.



Both have been for a long time, and when trading on some of those forex brokers, it is not in any way easy to predict those candle movements; you still have to set some trading tools like the MA, EMA, BBand, etc. Foreign exchange (forex) is just trading some fiat currency like the USD/ERU, but for crypto trading, most pairs to trade are either crypto to fiat or crypto to crypto. So, those trades are not so easy to predict.

Based on my understanding of the two, they are not the same, if I should describe it in a simple way that even the lame man would understand, I would say that...
Forex trading is the centralized version of the financial market..
While Crypto trading, is the decentralized version of the Financial market..

Have in mind always that, the forex market is heavily centralized with many professional traders trading for various central banks around the world, but in crypto, almost every trader is trading for him or her self, aside from centralized crypto exchange..

And again, from my experience trading the two markets, it is easier to make profit in crypto trading, most especially, if you know what you are doing in futures trading, and there are no middle men to cut your profit, aside the normal trading fees and withdrawal fees paid to the exchange for blockchain transaction confirmation.
In forex trading, there are middle men, in the form brokers, they are the ones that provide a means for ordinary people to access the financial market, and for their service, they charge a fee, outside the trading fee, the brokers also take their cut from the profit made at the end of every trading session, and also when you want to withdraw, you also pay a rather high withdrawal fee if compared to crypto withdrawal fees...

So in conclusion, crypto trading is the best if you ask me, but at the end, it still depends on which one find more comfortable and convenient doing.

There are a lot of stuff that overlaps it for sure, there is no doubt about that, but there is also a lot of stuff that doesn't really mean it will happen neither. For some stuff that is joint is the indicators, you can use stuff like EMA or BB whatevers in both of them without trouble, but when it comes to crypto there are some stuff that are different like for example halvings and mt.gox money or Elon musk tweets etc, all those are stuff that doesn't really exist in fiat world so not in forex neither. Elon could talk about the dollar in any way he pleases and the value of the dollar won't change, but he can do that for crypto. So all in all I agree that some things overlap, but some stuff are not the same and looks a bit different. Hopefully we are on the right side of it and not really get in trouble and find the difference and do better.

Both uses the same trading ideology and strategy since it is the difference in price that decides if a trader is in profit or loss. But what differentiate both is their currency pairs but the whole concept and ideology is similar.Secondly crypto has spot and future trading that is not found in forex but every form of trading that can be found in forex just like the scalping, day trading is very much applicable to crypto. Crypto is more advanced and more advantageous than forex and it is less manipulative.

I don't know how you are going to make a statement about this, but you are right in your point of view. 
 
Forex is an open-source trading platform that allows you to trade on a wide range of currencies without any third party involvement. 
 
It is not a currency, but a digital currency with a high degree of decentralization. 
 
Forex is the world's first cryptocurrency exchange, and it is the best place to start trading.

It would be tough for your account to go to zero at forex if you use low leverage, but it would be tough to go up too much neither. There are two options, either you use a high leverage and that allows you to make a bigger profit than spot trading at crypto, or if you use a low leverage then you have a less risk but then you will not be making nearly as crypto people make even at spot trading. This is why most people use high leverage or they make less than bitcoin profits, so it is easy to compare the two.

I still think that forex is riskier, or it is worse, those are the two options in my mind and will not change anytime soon neither. Hopefully crypto will do even better with its leverage, we need more liquidity, but we also have time to wait for it.

Forex trading and cryptocurrencies trading are different types of trading, although they may have some similarities.
The main difference between the Forex market and cryptocurrencies is that the former is a currency market, where prices are determined based on economic factors and the political situation in countries, while the latter is a new asset class, the prices of which are determined by supply and demand in the market. In addition, Forex trading is accessible to most people and is more liquid than cryptocurrency trading, which can be more volatile and less accessible.

While in my understanding crypto currencies are real currencies, there is still a difference between forex trading and crypto trading. The price change between two fiat currencies like USD and EUR is given from the interest rates in their countries. As long as you have the chance two get risk free investments in government bonds on the country their future value of the currency is fixed. This link doesn't exist in the crypto world because we have no bond market behind it. Let me give you an example of interlinked and fixed the currency pair trading. Let's say for simplicity Euro and the Dollar both trade at 1/1 at the moment, so they have the exact same value. But you get 5% interest in USA government bonds in 1 year and only 1% in Europe. That means that the US dollar has to go up 4% in value relatively to the Euro, because you can convert all your Euros today into USD, buy government bonds to make 5% return and already sell futures contract today to convert your USD back to Euro in 1 year. Because of such pair trading there is am equilibrium in the forex market which we don't have in the crypto markets yet.