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Topic: Trading Cryptos vs Trading Forex (Read 370 times)

newbie
Activity: 226
Merit: 0
August 23, 2018, 06:35:45 PM
#54
While both of them are a good way to make some earnings, and a lot of people think that they are both great options to consider when looking for good businesses to venture in to gain financial substainability, I think that I would prefer to invest in cryptocurrency rather that forex trading, because I have more idea on the former, than the later.
hero member
Activity: 752
Merit: 501
August 21, 2018, 01:32:11 PM
#53
I would say that they are both risky. When it comes to any kind of trading then you are taking a significant amount of risk with your money as you always stand the chance of losing your money if you make even one wrong move. I have tried crypto trading and I would say that when it comes to the risk that are involved in both of them, they are rivalling each other and you should be very careful if you are a trader.
member
Activity: 146
Merit: 10
August 20, 2018, 08:35:56 PM
#52
There is something about the wild wild west nature of crypto that gets me excited.  FOREX is a wild time as well but crypto takes wild swings to a whole new level.  I'm attracted to the win big lose big game that crypto is. 
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
August 20, 2018, 08:32:49 PM
#51
Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?
trading in forex or crypto have the same risk and both are high risk, but in forex you can learn using demo account but in crypto trading you must trade in real market without any experience in trading, that's why forex is solution for beginner learn about market and analysis in demo forex account before trade in real market.
member
Activity: 216
Merit: 13
August 20, 2018, 08:24:31 PM
#50
Forex trade is not for everyone, but in crypto, anybody can trade from anywhere in the world! It is easy but needs to learn many things before start! Forex trading is a little bit hard for the newbies and most of the new people can't get success in forex trading but crypto trading has several ways to go forward! That's why, day by day people are shifting from forex trading to crypto trading!
sr. member
Activity: 602
Merit: 252
August 20, 2018, 08:20:32 PM
#49
One who has experimented trading cryptocurrency will never get into any other form of trading. Trading forex might have got less risk, to which the earning will also be minimal. With cryptocurrency trading the risk associated with it is much higher and to the same, the profiting one gets is bigger than forex and other forms of commodity trading.
full member
Activity: 1358
Merit: 100
August 20, 2018, 08:05:39 PM
#48
Well I don't have experience in trading Forex some says that you could earn a little profit. I prefer trading cryptos you could earn much profit if you are lucky to trade a potential crypto.
jr. member
Activity: 518
Merit: 3
August 20, 2018, 07:33:24 PM
#47
Although, i have never traded forex, but the rate at which people lose in it is alarming. So this makes me prefer crypto trading to forex trading.
newbie
Activity: 143
Merit: 0
August 20, 2018, 01:46:22 PM
#46
I started trading in crypto, as what I've heard many traders
from forex is switching to crypto because of its volatility.
since I've only traded in crypto I can't say which is better.
hero member
Activity: 1316
Merit: 502
August 20, 2018, 12:00:39 PM
#45
I don't know the difference between crypto trading and forex trading.
but what I heard from my friend, that forex trading is more risky. that's all, I don't want to speculate with my money. crypto for me is enough.
Well, to be honest, your friend has very precise words, forex trading is a very large place and it is always risky that many people, even professional investors can not handle it, sometimes its fairness is lower in trading crypto, this is the feeling when I was involved, I used the money to buy this feeling. Although crypto is also a world similar to forex but it is a miniature space compared to forex, that makes the risk from crypto also greatly reduced, in addition, we always have the opportunity to reverse the situation in the crypto with patience and wait while forex is almost impossible
newbie
Activity: 14
Merit: 0
August 20, 2018, 12:00:26 PM
#44
I totally agree with you. Another up side to trading cryptos is volatility. Cryptocurrency is more volatile than forex and to the skilled trader, his is a gold mine to exploit. 10x, 5x profits are possible with good trades but I doubt such high profits are available in trading forex as both still have plausible losses.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
August 20, 2018, 11:49:56 AM
#43
I don't know the difference between crypto trading and forex trading.
but what I heard from my friend, that forex trading is more risky. that's all, I don't want to speculate with my money. crypto for me is enough.
newbie
Activity: 140
Merit: 0
August 20, 2018, 11:49:33 AM
#42
Personally I think trading forex and trading cryptocurrency are very comparable but I will say I prefer trading forex because it has less volatility and not manipulated as what we see happening in cryptocurrency.
hero member
Activity: 1666
Merit: 629
August 20, 2018, 11:42:53 AM
#41
Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?

If we look at both sectors in itself, we can see that the crypto sector is a very new sector and carries a high risk. Of course, we can also say that there is usually a cost to the risks taken, considering that this is a high risk. Looking at the Forex sector, this sector is no longer as strong and active as its predecessor. The Forex sector, which is used intensely for fraud in its own sector, is no longer as investor as its old counterpart, but still we have a chance to earn high income with high risk in this sector. Of course, the two sectors are not equally comparable, considering that cryptocurrency sector is less risky but more volatile in the currency sector. For that reason, I think that both sectors should try to find a common point by considering their advantages and disadvantages and we should make comparisons in that way. I advise you to think about why I am here if there are friends who are curious about which sector I prefer. Smiley
full member
Activity: 1004
Merit: 111
August 20, 2018, 11:31:15 AM
#40
I will always cryptocurrency trading, yeah this is very vulnerable and the process is really fast.
but why i still choose this.
this is the peoples place to control and give demand unlike in forex.
i will remain in crypto even at worst. because the worst market can give the best profit.
ukw
sr. member
Activity: 616
Merit: 250
August 20, 2018, 11:29:16 AM
#39
Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?

Generally, I think the crypto market is more suitable to day-to-day trading because it is quite volatile from the forex market. This allows the generation of more transactions (profitable if you can) for a shorter period of time. But in general, in both cases you need to have very good knowledge and have a lot of experience in this field.
full member
Activity: 364
Merit: 100
August 20, 2018, 11:19:38 AM
#38
Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?
of course, I also prefer crypto trading than forex trading. because the risk is smaller and easier to understand. the benefits that can be gained from crypto trading are also significantly better. and I agree with what you say that crypto trading is better than forex trading
legendary
Activity: 1120
Merit: 1000
August 20, 2018, 11:12:45 AM
#37
Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?
Well, that's the point at least you have something remain on your wallet even though Its value is zero, you can leave them alone then hoping someday it could be skyrocket, something like you buy a product but Its value depends on the market, while in forex once you lose, you lose it all. However for me, whether trading forex or crypto you have to make analysis in order to get profit, if you just go without making any research well that does not make any difference than gambling.
full member
Activity: 1292
Merit: 101
Vave.com
August 20, 2018, 10:53:46 AM
#36
Everybody knows that trading crypto is better than forex, basically the profits in crypto are even bigger than the profits in forex field, easier for lucky and experienced peoples and risky for the stupid ones.
You can earn a fortune using crypto if you were lucky and smart, with forex, it might end up in a bad way i think.


Yes exactly, I think also crypto is much better than forex. Forex is too risky like betting I think.You have to learn a lot to gain here. But crypto is a digital currency which is so easier to get and do trade. I didn't meet anyone in my life who get rich by forex trading but it could be. However crypto has changed my life now I am a good trader. Once I love forex it was too hard for me though  but I have changed my trading into cryptos when I found the market. So it is always too good to trade on crypto market.
member
Activity: 560
Merit: 11
August 20, 2018, 10:50:43 AM
#35
I like crypto trading because in my opinion there is no broker in the crypto trade that has the working to give losses to other traders.

So, basically the loss we experience in the 100% crypto world is our analysis error.
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