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Topic: Trading FOREX or Crypto? - page 18. (Read 1765 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
February 23, 2018, 03:12:09 PM
#81
Well crypto is unpredictable too. When bitcoin pumps the altcoins dumps, when bitcoin dumps the altcoin dumps too in what I see in the past few months.
But you can surely gain double or more here than in forex.
If he can use bitcoin to trade other coins, then I am sure he will do just fine. Bitcoin is like the master in this scenario and like you said, it seems the only time altcoins always have their good time is whenever bitcoin is consolidating. It is how the market as always been and there is nothing anyone can do about it, but the most important thing is to understand the market and be ready to play with it.

If OP could not use TA and FA to trade Forex, then he should not even try considering cryptocurrency because he will needs that a lot here. Crypto trading is fun though and he will be earning a lot even more than Forex. However, there is a possibility that he is getting it all wrong in his analysis, but since he said he already has the knowledge, he can give it a try and see how it leads him. However, he should trade carefully and understand all he needs to know about this market.
legendary
Activity: 3122
Merit: 1140
February 23, 2018, 02:33:32 PM
#80
Forex has too much competition from smart bank analysts. Crypto at least hasn't been fully exploited yet. I'd say give it a go.
For me that's the advantage of us here inside crypto trading, as we are still not polluted by expert analyst where they can easily manipulated their holdings, though we can't deny the fact that tehere's alredy some but not yet been overtaken, we still have a big chance to earn with them and really decent money unlike inside forex where good and expert analyst already dominating the market.


Forex completely being manipulated is not true I believe, completely manipulating is quite a tough job, but ya I also would say crypto is still clean as of now and manipulation is upto certain extent. But trading crypto is similar to trading forex as both of them are risky and high manipulated.
When it comes to forex i do believe movement of prices isnt really too much manipulated or controlled because if its being caught doing such thing like organizations,corpos or any other who do have the power will really face charges on doing such manipulation but i do still believe that theres still hidden transactions behind.It might not be obvious but its really quiet possible to happen.They are all the same with crypto the thing that differs them is on its price volatileness.
sr. member
Activity: 1232
Merit: 250
February 23, 2018, 01:39:53 PM
#79
Forex has too much competition from smart bank analysts. Crypto at least hasn't been fully exploited yet. I'd say give it a go.
For me that's the advantage of us here inside crypto trading, as we are still not polluted by expert analyst where they can easily manipulated their holdings, though we can't deny the fact that tehere's alredy some but not yet been overtaken, we still have a big chance to earn with them and really decent money unlike inside forex where good and expert analyst already dominating the market.


Forex completely being manipulated is not true I believe, completely manipulating is quite a tough job, but ya I also would say crypto is still clean as of now and manipulation is upto certain extent. But trading crypto is similar to trading forex as both of them are risky and high manipulated.
hero member
Activity: 2072
Merit: 503
February 23, 2018, 01:26:11 PM
#78
So far, I just learned about trading crypto. I feel because it's easier to guess, and it might be easier to make profits from trading crypto in comparison with forex. but basically the same thing. it all depends on the skills you have.
member
Activity: 420
Merit: 15
February 23, 2018, 01:23:44 PM
#77
Now the crypt began to include a lot of money and manipulation, too. Recall recently the fall that was in early February and which was done by informational throwing. The only plus on the crypt is that we are in an uptrend.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
February 23, 2018, 12:17:38 PM
#76
Forex has too much competition from smart bank analysts. Crypto at least hasn't been fully exploited yet. I'd say give it a go.
For me that's the advantage of us here inside crypto trading, as we are still not polluted by expert analyst where they can easily manipulated their holdings, though we can't deny the fact that tehere's alredy some but not yet been overtaken, we still have a big chance to earn with them and really decent money unlike inside forex where good and expert analyst already dominating the market.
member
Activity: 387
Merit: 11
February 23, 2018, 11:45:02 AM
#75
Forex trading is less risky than crypto trading. Crypto trading is highly risky and more profitable. So, If you are satisfied with a small profit than forex trading is for you.
copper member
Activity: 70
Merit: 1
February 23, 2018, 11:27:40 AM
#74
Forex has too much competition from smart bank analysts. Crypto at least hasn't been fully exploited yet. I'd say give it a go.
copper member
Activity: 1050
Merit: 294
February 23, 2018, 11:10:10 AM
#73
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 appreciate your decision because no doubt future is all about digital currencies but If you are afraid of the volatility of price then i have a bad news for you my friend that Bitcoin and cryptos are the most unpredictable.
Technically no one can control the price of bitcoin but practically and in reality the manipulators are here who can't exactly control the price but can manipulate it by spreading FUD among the users.
full member
Activity: 280
Merit: 100
February 23, 2018, 10:57:28 AM
#72
I think you should leave FOREX and turn into crypto trading, it's much easier to earn money in crypto trading than FOREX trading. Beside Bitcoin price is really hard to be controlled but I think the whales are able to control Bitcoin price dump or pump as they want cause their capital is really huge so I think there are only the whales can control Bitoin price Smiley
legendary
Activity: 3248
Merit: 1179
February 23, 2018, 09:27:47 AM
#71
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?


Unpredictable? i don't think so. Everything will be fine if you have knowledge of technical and fundamental analysis and of course with good money management.
Some people fail because they don't have a good analysis and never know about risk and money management. They put a high leverage to get high profits but actually it's wrong.
Never use high leverage because it's will give you high risks and loses too fast.

Its not easy to find good informations in crypto, that's why analysing the market can lead to making a big mistakes. That is visible in times of when bitcoin is dropping due panic selling, people analyse market on fud  news.
Fundamental and technical side is better, but that doesn't mean that people will embrace it, every project needs to have community, strong one behind everything, strong supporters are the key of the success. Bitcoin price can be manipulated, who have enough bitcoins or money can make supply or demand to go up, where to find information that someone will sell a lot or buy a lot? Some informations cant be found, you need to use your feeling in deciding what will you do, its similar like forex but again a lot different, I like crypto market more.
legendary
Activity: 1148
Merit: 1006
February 23, 2018, 09:15:36 AM
#70
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 you think that forex for you is unpredictable, then you must be ready because crypto currency trading is more volatile in value and more unpredictable. Crypto trading is very risky but the good thing here in crypto trading is even in a small amount of investment you can still make a lot of profit than the usual forex
crypto is fluctuative and very big risk. but if we have the ability will definitely get a big profit. so if the comparison between crypto or forex for now crypto is very good for profit.
Profitwise your right crypto trading is good in short time you will make a big profit and the risk is also high. But Forex is different it is legal and it is not easy like crypto trading you must know the market and be taking experts advice is very important finding where to invest is a big question. So for me crypto trading is easy.  
member
Activity: 176
Merit: 10
February 23, 2018, 09:13:29 AM
#69
It will always depends on your preference and whats hype now, for me i will try doing crypto for it is now the main thing now, just look at the prices and the various increase in its prices. Wherein oneday you'll invest on it and the next day you gain profit right away. And besides bitcoin is starting to rise back up again and its a better idea to do crypto.
full member
Activity: 196
Merit: 100
February 23, 2018, 09:07:52 AM
#68
Might be something wrong with your strategy in forex trading, there are many successful forex traders. Profitable or not will depend on how you do the trade, the same will happen if you move to crypto trader. Both are unpredictable, you may not get any profit as well like what you got in forex.

Yes thats right. Its not about what trading but it depend on what you prefer.
We need to do what we prefer and not see other side. For me, crypto is more comfortable. I dont say forex is not good but i prefer crypto trading.
jr. member
Activity: 182
Merit: 2
February 23, 2018, 08:54:04 AM
#67
Cryptocurrency is the way to go in this new clime. It's still reinventing itself, but then still bludgeoning. Cryptokami is on an ICO and you would do yourself a favor by investing in it
member
Activity: 406
Merit: 11
February 23, 2018, 03:56:32 AM
#66
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?


Unpredictable? i don't think so. Everything will be fine if you have knowledge of technical and fundamental analysis and of course with good money management.
Some people fail because they don't have a good analysis and never know about risk and money management. They put a high leverage to get high profits but actually it's wrong.
Never use high leverage because it's will give you high risks and loses too fast.
member
Activity: 434
Merit: 10
February 23, 2018, 03:26:22 AM
#65
Trading Forex is a very good investment channel and it is very stable for a long time, but now the Forex market is in a downturn period so investing in Forex will not get much profit as before. Currently I focus a lot on the cryptocurrency market as this is a newly emerging market and it is receiving a lot of interest from the financial investment community around the world, which is the opportunity for this market to emit to develop in the future.
full member
Activity: 336
Merit: 100
February 23, 2018, 02:21:23 AM
#64
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 you think that forex for you is unpredictable, then you must be ready because crypto currency trading is more volatile in value and more unpredictable. Crypto trading is very risky but the good thing here in crypto trading is even in a small amount of investment you can still make a lot of profit than the usual forex
crypto is fluctuative and very big risk. but if we have the ability will definitely get a big profit. so if the comparison between crypto or forex for now crypto is very good for profit.
full member
Activity: 476
Merit: 107
February 23, 2018, 01:52:16 AM
#63
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 you think that forex for you is unpredictable, then you must be ready because crypto currency trading is more volatile in value and more unpredictable. Crypto trading is very risky but the good thing here in crypto trading is even in a small amount of investment you can still make a lot of profit than the usual forex
newbie
Activity: 6
Merit: 0
February 23, 2018, 01:38:09 AM
#62
crypto is better becuase with high risk comes great profits which we dont see in forex
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