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Topic: Trading FOREX or Crypto? - page 4. (Read 1782 times)

member
Activity: 252
Merit: 10
April 22, 2018, 11:08:37 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 believe that if you are new to the market and have not had much experience then you should trade the crypto side, you can see that the crypto market is constantly changing but is much easier against the Forex side. The price of bitcoin is constantly increasing and this is the time for you to trade bitcoin and altcoin.
newbie
Activity: 95
Merit: 0
April 22, 2018, 09:42:28 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 never try forex trading yet but i was planing to do forex trading once that i can find a capital for forex trading because you to atleast 100$ capital in forex. All i can advice you is about crypto trading since i have already experience it. For me the best in crypto trading is a long term trading which is opposite than forex trading and you need a very high paptience when you are in crypto trading unlike forex trading you can trade even 30 mins and you can earn a small profit already.
newbie
Activity: 54
Merit: 0
April 22, 2018, 07:55:52 PM
Actually, I am not into forex but I have someone who does it then I watch. But the way I see it, it is kind of difficult to handle and which needs time to study. If care is not taken, one could run at extra loss. I will prefer crypto to it though.
member
Activity: 280
Merit: 10
April 22, 2018, 06:24:24 PM
 Trading on forex and crypto both are good but only one thing the way of how you are doing this, For examples professionals traders are earning well may be it is forex trading or crypto trading both are good to earn money,

full member
Activity: 504
Merit: 100
April 22, 2018, 02:32:13 PM
I think that you do not even have to choose here, because I'm sure that in the field of crypto-currency, I have much more chances to become financially independent than when trading Forex.
member
Activity: 216
Merit: 10
April 22, 2018, 01:08:19 PM
Crypto currency Trading and Forex Trading is different type of work because Forex Market is totally different with crypto currency Market. If you start Forex trading you need to learn chart and candle pattern then you understand forex market but if you learn crypto currency market you need to learn about crypto currency and you can analysis with coinmarketcap then you understand and you found details of all coin. I think crypto currency trading is very easy and best for everyone.
member
Activity: 378
Merit: 17
April 20, 2018, 12:55:20 AM
Cryptocurrency and forex trading method and strategy are the same, as far as technical analysis is concerned, but the market dynamics is different. In cryptocurrency trading we only focus on bitcoin and altcoins news but in forex we have to focus on political, economic, circumstances news.
legendary
Activity: 1006
Merit: 1000
April 20, 2018, 12:47:42 AM
I think trading of Crypto is profitable than Forex
forex is very hard to predict on the market and Forex is very risky to lose all money if your balance is not enough to hold the fluctuatiation of the market.
sr. member
Activity: 448
Merit: 281
April 20, 2018, 12:14:04 AM
I have had the fortune of being involved in Forex trading for several years and, on the contrary, I can affirm that following a proper learning process it is really possible to achieve a consistent profit margin over the months. However now that I have approached more and more the market of cryptos, I have been able to recognize the great difference that exists between both markets, since the cryptos seem to follow a behavior extremely alien to the technical and fundamental variables of traditional markets.
Trading with FOREX and crypto or any other source gives benefit to the worker or investor if work according to the principals and regulations. If you have no knowledge means you can not start working in crypto but if you have enough knowledge then you will surely find a good time with crypto. Do not follow negativity and just learn how to face with different stages.
full member
Activity: 305
Merit: 100
[PROFISH.IO]
April 18, 2018, 11:21:49 AM
Well basicallt, if the thing is not good in a field, like forex, try another. You are justbwasting your time. Trade in crypto. There are many options and the trade is so active. You don't have to waste your time here.
newbie
Activity: 12
Merit: 0
April 18, 2018, 10:59:46 AM
I also have some experience in forex trading a couple years but hard for me to get consistent profit.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
April 18, 2018, 10:27:49 AM
Leaving Forex to join crypto is good plan and you should do it soon. Crypto is a new place where you could earn good if you know how to analysis the charts. Don't spend time with forex, it wont bring much profit like crypto will do.
jr. member
Activity: 196
Merit: 1
April 18, 2018, 05:11:28 AM
Both Forex and Crypto trading are similar. As you have got experience in Forex trading, it wouldn't be difficult to trade crypto. But, crypto trading is more riskier.

I feel comfortable in crypto trading is not even a pro but I can still earn a few dollars in crypto. I think trading in forex has a higher difficulty level than cryptocurrency. I do not try how to trade forex bits if I look at the graph I feel very uncomfortable
full member
Activity: 399
Merit: 105
April 18, 2018, 04:16:34 AM
If he could use btc to trade altcoins, then Im sure he will do it fine, BTC is like master of that scenario, in my mind
member
Activity: 392
Merit: 24
April 18, 2018, 12:00:14 AM
I think that forex is the worst one you can loose everything and loosing everything is really worst you don't have any u turn in there
hero member
Activity: 994
Merit: 502
April 17, 2018, 10:05:48 PM
Im not acquianted with forex, even though forex was the first online business i met usually pops up in social sites however in a later part bitcoin suddenly emerge, and somebody mentorized me how to used it then it was pretty much interesting in my sight and i get used to it.
Crypto is much more interesting than stocks but stocks is much reliable when in terms of buying any from it in the market. It doesn't require more fundamentals as this kind of trading used more analytical charting or technical analysis.
Agreed, crypto is very much interesting than the forex. Crypto has got risk which is not that much with forex. Another thing is that cryptocurrencies show fluctuations periodically which we cannot expect with forex. Between these factors at times the cryptocurrency value drop or increase will be massive.
sr. member
Activity: 659
Merit: 250
April 17, 2018, 09:55:24 PM
Im not acquianted with forex, even though forex was the first online business i met usually pops up in social sites however in a later part bitcoin suddenly emerge, and somebody mentorized me how to used it then it was pretty much interesting in my sight and i get used to it.
Crypto is much more interesting than stocks but stocks is much reliable when in terms of buying any from it in the market. It doesn't require more fundamentals as this kind of trading used more analytical charting or technical analysis.
member
Activity: 140
Merit: 10
April 17, 2018, 09:47:54 PM
Im not acquianted with forex, even though forex was the first online business i met usually pops up in social sites however in a later part bitcoin suddenly emerge, and somebody mentorized me how to used it then it was pretty much interesting in my sight and i get used to it.
member
Activity: 246
Merit: 10
For success work hard!
April 17, 2018, 09:28:03 PM
You can invest in any platform which you are many experts and have good knowledge. But nowadays people are much interested in Crypto. I also invested in a project like- SciDex. Looks decent to me and a big team is working on it.
jr. member
Activity: 193
Merit: 2
Team Saturn
April 17, 2018, 07:14:37 PM
Why trade fiat when we can trade decentralized tokens? =)
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