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Topic: Trading FOREX or Crypto? - page 7. (Read 1765 times)

hero member
Activity: 1008
Merit: 500
April 13, 2018, 03:58:21 AM
In this situation where most coins are showing signs of a uptrend go with crypto , yes with forex you can earn even higher but the problem is we just don't know yet when the uptrend will start if you are lucky enough it would start before your signal is about to expire but once the trend has started forex would be a good choice
The risk is higher and the reward would be high. Forex needs a good experience and a skills on charting in my own humble opinion. In comparable to crypto they are both trading but requires different intensity and analysis that can be used to earn money. Forex traders are easy to adjust in crypto but crypto traders will hard a hard time to be in forex.
I never doing trading forex but my friend is a forex trader, and he told me if trading forex it is very difficult in comparison with trading Crypto. And after I tried to trading Crypto it's make me interested. I prefer to trading Crypto than Forex.
hero member
Activity: 1386
Merit: 504
April 13, 2018, 04:05:18 AM
In this situation where most coins are showing signs of a uptrend go with crypto , yes with forex you can earn even higher but the problem is we just don't know yet when the uptrend will start if you are lucky enough it would start before your signal is about to expire but once the trend has started forex would be a good choice
The risk is higher and the reward would be high. Forex needs a good experience and a skills on charting in my own humble opinion. In comparable to crypto they are both trading but requires different intensity and analysis that can be used to earn money. Forex traders are easy to adjust in crypto but crypto traders will hard a hard time to be in forex.
I never doing trading forex but my friend is a forex trader, and he told me if trading forex it is very difficult in comparison with trading Crypto. And after I tried to trading Crypto it's make me interested. I prefer to trading Crypto than Forex.
Thats good for you and somehow it is also good to see or watch how forex traders move by just observing the chart and try to predict it you will know how it was too unpredictable. It is much interesting if your friend will also try in crypto trading and to share his knowledge to you.
member
Activity: 1021
Merit: 12
April 13, 2018, 03:24:54 AM
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 prefer the very minimum risk because crypto and is suitable for long term and short term, forex is too risky
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
April 13, 2018, 03:15:56 AM
Trading FOREX or Crypto, what are they differences?, we know what are their differences, but they have those the same characteristics. Forex and crypto are risky, they are the same volatile. We know what crypto can do, and we know what FOREX is for, for crypto, we should analyze every minutes or seconds, but in FOREX, we can predict what will happen over a day. FOREX is likely old, but crypto is now on trend, the usage of crypto is widely popular for now on, and would be the next innovation for virtual money.
newbie
Activity: 280
Merit: 0
April 13, 2018, 03:10:30 AM
It depends really on your skill, well if your losing money to something leave it, find something that suits your talent and skills, maybe crypto trading is for you, Good luck
newbie
Activity: 22
Merit: 0
April 13, 2018, 02:58:28 AM
 Wink Wink You will be very disappointed to know that crypto is a big sea of... whale traders, those big boys will conquer the market, like the way the a stock is hold to move up or down just by a single giant holder. Another point is there is no stoploss and takeprofit function in the crypto up to now, you cannot protect your projit or prevent loss easily like the forex does. Anyway, try both as it a big trend.
member
Activity: 180
Merit: 10
April 13, 2018, 01:47:45 AM
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.
Trading is never an easy task. You can not predict what is hoing to happen next after investment. Yet, forex trading is more complex than crypto trading. In forex, you need a huge amount of time and expertise for gain. But in crypto, if you invest wisely and hold for a designated time, you will be able to lock profit. So, I would suggest crypto trade instead of forex.
member
Activity: 286
Merit: 10
April 13, 2018, 01:36:40 AM
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 is a great foolishness to prefer forex to the cryptotrading. To be honest, I have a lot of friends who interested in trading but I have never ever heard about succesfull forex traders, you know. In the era of cryptocurrency forex is clearly lossing in the battle of common sense.
sr. member
Activity: 448
Merit: 250
April 13, 2018, 01:25:50 AM
Forex exchanging has a long affair for merchants and it has been a gainful nobody can overlook this reality. Be that as it may, when things happening to a defining moment by nature it brings forth another revelation and alternative that is today cryptographic money what now we know today as bitcoin. On the off chance that you have some more information then it is anything but difficult to you to do your business with the present high innovation with advanced digital money which have high secure and well being. Presently every country fear is about computerized cash which they imply that intensely lose both and additionally to their own and to their nation however it is certain that soon the world should power to take after this innovation like how individuals fear about the present PC.
newbie
Activity: 115
Merit: 0
April 12, 2018, 10:25:01 PM
I also have some foreign exchange experience, but I prefer the encrypted world and I can earn a lot of profit from it. It's easier than forex trading
hero member
Activity: 1386
Merit: 504
April 12, 2018, 09:56:32 PM
In this situation where most coins are showing signs of a uptrend go with crypto , yes with forex you can earn even higher but the problem is we just don't know yet when the uptrend will start if you are lucky enough it would start before your signal is about to expire but once the trend has started forex would be a good choice
The risk is higher and the reward would be high. Forex needs a good experience and a skills on charting in my own humble opinion. In comparable to crypto they are both trading but requires different intensity and analysis that can be used to earn money. Forex traders are easy to adjust in crypto but crypto traders will hard a hard time to be in forex.
member
Activity: 118
Merit: 10
April 12, 2018, 09:42:59 PM
Forex trading has a long experience for traders and it has been a profitable no one can ignore this fact. But when things happening to a turning point by nature it gives birth to a new discovery and option that is todays crypto currency what now we know today as bitcoin. If you have some more knowledge then it is easy to you to do your business with today's high technology with digital crypto currency which have very high secure and safety. Now every countrys fear is about digital currency which they mean that heavily lose both as well as to their own and to their country but it is sure that very soon the world will have to force to follow this technology like how people fear about today's computer.
newbie
Activity: 7
Merit: 0
April 12, 2018, 09:02:36 PM
With this program you can monitor the course of crypto currency with convenient notifications.
I just downloaded it and was very pleased. Recomended!
https://bitcointalksearch.org/topic/--3309476
hero member
Activity: 812
Merit: 510
April 12, 2018, 08:43:43 PM
In this situation where most coins are showing signs of a uptrend go with crypto , yes with forex you can earn even higher but the problem is we just don't know yet when the uptrend will start if you are lucky enough it would start before your signal is about to expire but once the trend has started forex would be a good choice
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
April 12, 2018, 07:54:22 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?

You already told the difference of foreign exchange to crypto trading. Well, I think it is easily to earn money in crypto trading because it is more trend than FOREX nowadays. They have both risky when it comes in investment but I rather pick crypto trading, why? Because I am engage in cryptocurrency than forex already. I know already the nature of crypto trading and it is my advantage to have profits from it unlike with forex. I think also that forex has a central authority where the market is manipulated by individual/organization only. You can set your money in crypto trading without hesitant that it will gone anytime.
sr. member
Activity: 952
Merit: 250
April 12, 2018, 06:53:17 PM
During bear market,  crypto is not profitable to hold.  Forex is both good during bear and bull.  The only bad side is forex needs margin to gain profit.  And theres a huge possibility of getting liquidated if bet in a wrong side.
hero member
Activity: 1134
Merit: 517
April 12, 2018, 06:41:07 PM
Forex and cryptocurrency trading have very different technical because in forex, trading with both up or down but in cryptocurrency we only get profit if price going up and buy when price down.
For me, trading forex or crypto have each pros and cons. Risk involve also very different. For me i prefer cryptocurrency trading.
Basically you're saying it isn't possible to short cryptocurrencies and that is apparently so, because almost all exchanges do not support the feature, but that is one such occasion where an earlier knowledge an skills in trading forex can give a cryptotrader a head up on shorting can eventually be achieved. Bottomline is, don't pass up the opportunity of learning to trade in the forex market, even as the real plan is to end up a crypto trader.
sr. member
Activity: 672
Merit: 251
Infleum
April 11, 2018, 09:27:46 AM
As for me, it is hard to compare them. Forex is a traditional and civilized market. Crypto is still a wild market, there are other laws, we can say that these laws are absent.
newbie
Activity: 99
Merit: 0
April 11, 2018, 09:16:39 AM
For me i would still trade crypto because it's more easier of a process to make a TA rather than forex you need to check alot before to have a good trade.
member
Activity: 294
Merit: 36
April 11, 2018, 09:13:02 AM
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.

That's right. Each market has their pros and cons, therefore, whether you choose forex or crytpcurrency, what's important is you study how the market works so that your moves and ventures would be successful. It also has its own risks that could make your break your investment. If you want a more established market, then Forex would be better for you. However, if you want to be a pioneer and learn the market early on before more people catch up to the trend, then cryptocurrency is for you.
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