Trading FOREX or Crypto? - page 8. | Bitcointalksearch.org

Agetan

member

Activity: 196

Merit: 11

Quote from: Choii on March 24, 2018, 02:41:25 AM

Quote from: hnsq1 on March 24, 2018, 12:15:32 AM

stock and crypto is the easiest trade and not too complicated like forex,

you can get some profit if you use long term method in crypto trading.

It's not trading if you hodl for a long term it's investing, anyways, when it come to investment both stock and crypto have possible to get a high profit if the product that you buy or invest have potential to grow, so if you invested in product that it will not grow, will you lose some of your money. So much better to learn and take time to research before you put your money in investment.

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.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Victorycoin on April 08, 2018, 10:43:57 AM

Quote from: drachman on March 27, 2018, 09:29:45 PM

Quote from: infer on March 23, 2018, 07:38:43 PM

In spite of being born late than forex, crypto trading has proven that people can easily earn money from it just by a small amount of money. Therefore, I can say that cryptocurrency trading is better. HOwever, it will take more risk and you need to have enough knowledge before start to trade

The best thing about trading cryptocurrencies is that you can begin with a low amount of money, you can begin with just a few hundred dollars and that could be enough if you are buying altcoins but in forex you need at least a few thousand dollars and the worst part is that you will need to go through KYC policies which will not allow to you to trade anonymously.

Must be above is the opinion of yet another person not versed in forex trade, because brokers abound that readily grant no deposit bonuses as incentive to would be traders and there are many brokers that accepts as little as $5 minimum deposits. As for the requirements for KYC, the forex market is regulated to a large extent and it has become a standard practice in the financial market and isn't an issue unless one has something to hide.

KYC wont really be a problem if you dont hide something towards your identity but there are people who are really very keen on sharing out their informations online.For traditional forex trading its quiet normal for you to comply those things where you would normally be asked first before you would able to trade unlike on crypto where you can trade up without even the need of kyc as long you are only making minimal transactions.Comparing on profitability i would go with crypto but when it comes to more risk then it will go for crypto. High risk= High Reward.

arvindjais1234

newbie

Activity: 245

Merit: 0

Quote from: rommelzkie on February 16, 2018, 01:30:39 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?

Coming in crypto would be the right decision though everyone here is earning so well crypto industry but there is no sure shot way to get into this and dig out good money but you can do that too If you have enough knowledge of this industry.

Crypto is not regulated by a government that's why it's banning in most of the countries. On another side coin, that's wonderful because it is working on Blockchain technology which is a more secure platform than any other platform where a transaction is making in a most secured manner.

For complete bitcoin guide, I would personally suggest you, read this and you will all the answers to your queries: cryptocoinjudge.com/bitcoin/

morrisby25

member

Activity: 238

Merit: 10

You can trade any platform you wanna trade, I have traded forex and now am trading crypto and I prefer to trade crypto than forex, I Learn to trade forex and funded my forex account with $1000 and right in front of me, I saw my $1000 dropped into $0 , it is more easier to gain experience and money trading crypto than trading forex, but again the choice is yours. Trade always with caution.

hispout

full member

Activity: 308

Merit: 101

Quote from: nik009 on March 24, 2018, 02:15:07 AM

In my opinion it is more difficult to trade forex than for crypto-currencies. In forex a very big risk of losing funds, crypto-currencies are easier to trade, especially if you previously traded in forex.

Trading FOREX is boring. You should come to the Bitcoin trading forum for looking into things, how things are working and to enter into this crypto trading will enrich your knowledge and will give you the opportunity to trade and earn, this is a continuous process. FOREX trading has the opportunity of getting profit but besides a lot of knowledge you can busted as well. So, Bitcoin trading is good.

Ashimwe

jr. member

Activity: 168

Merit: 1

Basing on the many people I had giving their experience in trading forex, looks like a few of them have had it go well...........became successful or made good income from it, then that means crypto is better, I don't day trade and never experienced it as I hold which is what I prefer most but I think crypto is way better if you did forex first

Babyjamz3026

full member

Activity: 361

Merit: 101

Quote from: rommelzkie on February 16, 2018, 01:30:39 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?

Continue what you are planning with in shifting your plan on crypto trading. Because in crypto trading there is no hassle compare into Fores trading. And the one who controls the Bitcoin price value was the whale traders not government of course.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: drachman on March 27, 2018, 09:29:45 PM

Quote from: infer on March 23, 2018, 07:38:43 PM

In spite of being born late than forex, crypto trading has proven that people can easily earn money from it just by a small amount of money. Therefore, I can say that cryptocurrency trading is better. HOwever, it will take more risk and you need to have enough knowledge before start to trade

The best thing about trading cryptocurrencies is that you can begin with a low amount of money, you can begin with just a few hundred dollars and that could be enough if you are buying altcoins but in forex you need at least a few thousand dollars and the worst part is that you will need to go through KYC policies which will not allow to you to trade anonymously.

Must be above is the opinion of yet another person not versed in forex trade, because brokers abound that readily grant no deposit bonuses as incentive to would be traders and there are many brokers that accepts as little as $5 minimum deposits. As for the requirements for KYC, the forex market is regulated to a large extent and it has become a standard practice in the financial market and isn't an issue unless one has something to hide.

EinWert

full member

Activity: 196

Merit: 101

You said that forex markets is unpredictable, so i will say that the cryptocurrency market is just chaos

drachman

sr. member

Activity: 756

Merit: 252

Quote from: infer on March 23, 2018, 07:38:43 PM

In spite of being born late than forex, crypto trading has proven that people can easily earn money from it just by a small amount of money. Therefore, I can say that cryptocurrency trading is better. HOwever, it will take more risk and you need to have enough knowledge before start to trade

The best thing about trading cryptocurrencies is that you can begin with a low amount of money, you can begin with just a few hundred dollars and that could be enough if you are buying altcoins but in forex you need at least a few thousand dollars and the worst part is that you will need to go through KYC policies which will not allow to you to trade anonymously.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: BUK2016 on March 24, 2018, 01:30:57 PM

Forex trading is not an easy job because the exchange company are against you the trader for reason being that the more you loose the more they gain which mean they are against you not to succeed or make any profit. But crypto is more or less better as compare to Forex.

That's not true and you don't sound like you have tested forex trade at any time. For a start, in forex trade, we deal with brokers and not exchange companies. Most brokers are registered and regulated and a number of them are able to link you to the real inter-bank rates depending on your financial strength and there are also market makers, best known as bucket shops. They are the ones you should be wary of, because they have some questionable trading practices. That said, there are no easy jobs anywhere especially the ones with great potentials, but an experience in forex trading goes a long way in making crypto trading easier.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: rommelzkie on February 16, 2018, 01:30:39 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?

doesnt matter who controls the market,because for sure you wont find access to be with them,so same as forex same fundamentals in crypto,the good thing here is the volatility that gives us profit due to the coins were invested,or the project ico that we entrust our money,i believe that you are not newbie here,since you are a full member account .been here for how many months now right?

BUK2016

full member

Activity: 770

Merit: 126

Forex trading is not an easy job because the exchange company are against you the trader for reason being that the more you loose the more they gain which mean they are against you not to succeed or make any profit. But crypto is more or less better as compare to Forex.

litepresence

full member

Activity: 358

Merit: 118

Quote from: rommelzkie on February 16, 2018, 01:30:39 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?

There are also people who gain profits through forex trading. If you are not able to gain profit then there is something wrong with you strategy.
Not only the forex trading, crypto trading is also unpredictable here also we have to apply both fundamental and technical analysis. coming to your point, bitcoin is not controlled by the government it is decentralized.

tbalazs

jr. member

Activity: 126

Merit: 7

In FX you have leverage, in Crypto you dont - if someone provides leverage than they only can do market making. So if you end up winning you are winning from them if you end up loosing you loose to them. Imagine what their intentions can be if they loose if you win.

bitcoinveda

member

Activity: 378

Merit: 10

It depends on the person who has experience because most of the people are used to trade in Forex compared to Crypto. In the recent, when Bitcoin price increase there are many people entered the Crypto market. When compared to all market Forex market is huge, i don't have much experience with the Forex.

izzy13

jr. member

Activity: 225

Merit: 1

I don't know much about those yet, but i guess even in these stormy weathers, crypto is just still more healthy and joyful than forex.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: Aprodite on March 24, 2018, 02:30:06 AM

Your choice is very appropriate to switch from Forex to Crypto trading. If you start trading bitcoin, then you will see for yourself that bitcoin can not be controlled by anyone. and there is no lie in bitcoin trading, everything is very transparent. You can prove it yourself.

I have a friend who is from Forex that he is in crypto now. Before is is very hesitant and very not accommodating with crypto. But when he realized and study the crypto trading, seems he likes it and even provide some technical analysis with it. I think crypto trading is a good way to start with.

Tiernadi

newbie

Activity: 95

Merit: 0

Quote from: rommelzkie on February 16, 2018, 01:30:39 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?

>Im planning to leave FOREX and switch to CRYTPO trading

It just might be the most righteous tube you ever shot. I have absolutely no idea how people can still believe in this rotten Forex's advertising...

Leonard2016

hero member

Activity: 1036

Merit: 520

Trading on Forex has less risk and also less profit with it , But it is good to do it before coming to crypto world since it gives you a good vision , and it is not 24/7 like crypto!

Topic: Trading FOREX or Crypto? - page 8. (Read 1782 times)