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Topic: Trading FOREX or Crypto? - page 15. (Read 1765 times)

full member
Activity: 448
Merit: 101
February 28, 2018, 09:48:02 AM
if I prefer trading in crypto because I do not understand forex. trading in crypto more choice when compared with forex
Everything has its own pros and cons and that it also depends on the person himself like in which thing he is more interested. For me, crypto trading is something more beneficial than that of forex trading and that it can definitely help you in having more amount of profit as compared to that of forex trading. You need to go with the flow and now-a-days, crypto trading is trending in the market.
full member
Activity: 560
Merit: 101
February 28, 2018, 09:26:12 AM
My experience in forex trading is also dismal, that is why i discontinue forex trading. The chance to earn in forex is slim than in crypto trading if you are a small time investor. Those who gets rich on forex are really those big time investors. Both are risky but i like investing in crypto more. I did not earn much on forex and i regret investing on forex and won't do it again. 
legendary
Activity: 1218
Merit: 1000
February 28, 2018, 09:18:13 AM
Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!

Haha youre right, but trading in crypto is always with cautions. Tradin forex has margin call and if yo do notbhve stop loss or cut loss set youre funds or investments wipeout without knowing it. While in crypto its fine take tine to recover but stoll recover the lose in time or just say paper loss. Always set plan and profits will folow.
I do not know, I think crypto and forex have the same path. only, forex uses currency, and crypto using cryptocurrency. well, but everyone's ability is different in these two areas. maybe for cryptocurrency users, crypto trading is easier.
member
Activity: 238
Merit: 10
February 28, 2018, 09:13:57 AM
Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!

Haha youre right, but trading in crypto is always with cautions. Tradin forex has margin call and if yo do notbhve stop loss or cut loss set youre funds or investments wipeout without knowing it. While in crypto its fine take tine to recover but stoll recover the lose in time or just say paper loss. Always set plan and profits will folow.
member
Activity: 420
Merit: 15
February 28, 2018, 09:06:11 AM
Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!
newbie
Activity: 27
Merit: 0
February 27, 2018, 11:21:25 PM
Bitcoin and forex are all profitable, but Forex is issued by the central bank and Bitcoin is traded electronically. Bitcoin is exchanged directly through the internet. Bitcoin does not have any financial intermediaries. Because of the volatility of the market, Bitcoin can automatically buy and sell and increase profits in the short term. This is also the reason why Bitcoin is enjoying people's interest in investing in Bitcoin.
full member
Activity: 280
Merit: 101
February 27, 2018, 08:13:18 PM
I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?

If Forex is never been profitable then i wont see any successful forex traders as of now but still there are some who become able to be profitable on forex and i admit its really a complicated thing fundamentals together with technical analysis is really needed but if you do quit on forex and switch to crypto i wont guarantee that you would really be profitable also into it yet if we do talk about price movements i would say crypto is more unpredictable than on forex.

i understand that both trading type is very unpredictable. so i dont agree crypto trading is more unpredictable because both are same difficult to predict where the market will go. this trading also will not guarantee you will be profit so please always be wise using your money in trading.
full member
Activity: 430
Merit: 108
February 27, 2018, 08:03:40 PM
i prefer crypto trading because is much profitable with short time coparing with the forex trading and this last is much risky than the first one
member
Activity: 476
Merit: 12
February 27, 2018, 07:54:03 PM
trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
Investors prefer forex, no doubt in it. But those people if they experiment cryptocurrency trading surely they'll lose interest on forex trading. In my view forex is all about the market which has the dependence on the market prevailing around the globe. When it comes to cryptocurrency it functions independently.


I have experience to trade from both forex and crypto but theres an advantages and disadvantages this two some investor prefer to trade from forex and from people who new in crypto world prefer crypto trading because the trading volume is so fast compare to forex meaning it has a high chance you will earn huge profit or maybe lose your capital.
member
Activity: 308
Merit: 10
February 27, 2018, 07:49:52 PM
compared to forex the crypto trading is much more profitable but at the same time much more riskier to play and for now the big whales are the ones who manipulate the market with high volumes and not so big ones the coins with lower volumes.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
February 27, 2018, 07:43:54 PM
trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
Investors prefer forex, no doubt in it. But those people if they experiment cryptocurrency trading surely they'll lose interest on forex trading. In my view forex is all about the market which has the dependence on the market prevailing around the globe. When it comes to cryptocurrency it functions independently.
sr. member
Activity: 686
Merit: 250
February 27, 2018, 07:30:10 PM
trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
newbie
Activity: 71
Merit: 0
February 27, 2018, 06:45:24 PM
I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?


That last sentence shows you should do some research before investing.  Spend time reading up (not only this forum as its shills and fuds mostly).  There are definately profits to be made, but at least learn the basics before you start ( I didn't...).
sr. member
Activity: 2422
Merit: 357
February 27, 2018, 06:25:18 PM
Even if it was in forex , crypto, stock market , or any type of investment, if you are skillfull enough, you can ride the what you say "manipulation" by big entities that controls its value. Cryptocurrency values are unpredictable also. The good thing is that, cryptocurrency increases its value over time even when you are not involved in trading. So id rather choose crypto than forex.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
February 27, 2018, 05:37:20 PM
I've traded most products out there and yes Forex was difficult. Same with trading the metal markets and oil markets.

I think where most people struggle is they are trading the 1 minute or 5 minute charts under high leverage and they struggle.

If you trade the hourly or daily charts it becomes easier to predict with TA. Same with stocks.

Basically try not to day trade and trade the longer term time frames.
full member
Activity: 378
Merit: 100
February 27, 2018, 05:23:44 PM
Traded in Forex some time and passed in Crypto and easier to trade in it and to earn. But here mainly whales control market.
hero member
Activity: 2730
Merit: 632
February 27, 2018, 04:18:44 PM
I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?


i prepare study first the cryptocurrency its easy for its because you have experience in forex trading but the secret is about cryptocurrency you dont need the technical analysis that you learn from forex all you need is the fundamental abount this currency.
I agree on some points which technical analysis wont really work anytime in crypto trading but yet most traders ive known do still make use of this too even myself do make use of it. Might not work but still a good combination with fundamentals which would make even more effective according on making positions into your own trades.Even on forex doesnt really guarantee you that technical analysis would work.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
February 27, 2018, 03:51:03 PM
Both are risky but my choice would always be crypto. The reason for that is because Forex is much more connected to different scam and ponzi scheems and I think that is much more difficult to make any profit than with crypto.
I beleive that with crypto you can have much more control and more options to make some money.
sr. member
Activity: 532
Merit: 327
February 27, 2018, 03:31:54 PM
Forex is MUCH more complicated than Crypto trading. In Crypto most of the projects are manipulated by whales but they also give you good opportunities to make money too.
full member
Activity: 252
Merit: 102
February 27, 2018, 01:47:41 PM
Both are unpredictable. in my opinion, cryptocurrency trading is better than forex. at least, there is no margin call on cryptocurrency trading. you can hold your asset as long as you can. no one can control the price, it is pure supply and demand, buy and sell. however, I think the FUD and FOMO on cryptocurrency trading is higher than Forex.
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