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Topic: trading outside of crypto? - page 3. (Read 879 times)

sr. member
Activity: 1036
Merit: 332
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October 16, 2018, 03:31:29 AM
#65
If you are already used to trading in crypto, then I wouldn't recommend moving over to more traditional routes, sure, there's more stability, but there is also much less potential for short term profit. The traditional stock and forex markets rarely fluctuate by more than 2-3% in a day, and you would need to be lucky to catch those, whereas cryptocurrencies typically fluctuate by at least 1-2% every hour!
jr. member
Activity: 80
Merit: 2
October 16, 2018, 02:24:39 AM
#64
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
You can also trade in stock exchange and hope that you will find it better than crypto trading. In crypto trading you can only trade in those currencies in which you invest your money, while in stock exchange you can buy and sell any product shares just in seconds. But don’t be greedy because greedy people always lose their money in stock and in crypto trading.
In my opinion trading outside crypto is only in stock exchange. There are also many trading companies but that need more time and money. If you want to trade outside cryptocurrency, you should invest in stock exchange. There you will be able to make money in seconds because of the huge variety and quantity of shares of different companies and quick buying and selling.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 14, 2018, 07:48:54 AM
#63
If you trade outside of crypto, if market is down, does everyone lose similar to like crypto when everything is down?  Example say all coins are down for a few days etc.  Well could it be possible to be up with other things?
Its not necessarily related but to some extent its seems thats they are related. Like for example the precious metal markets and the crypto markets seem to reciprocate each other. When bitcoin drops gold rises - it can be assumed that gold traders sold some bitcoins to buy gold. Its all a type of  juggling game as to what asset you can hold for long and what you have confidence in.

My suggestion would be to consider diversifying your earnings into different sectors. One may try out the metal market and the stock commodities market apart from crypto.
newbie
Activity: 83
Merit: 0
October 13, 2018, 06:37:45 AM
#62
Well, I know only a little about stocks trading, as I'm interested mostly in crypto. The procedure of trading on a stock exchange and a crypto one is practically the same. The difference lies in what you trade.
On stocks, you could practice with small portions like it's usually done at crypto exchanges such as CEX (https://cex.io/) or Bittrex.
There are many source besides crypto trading as we had the only traditional trading before the crypto world and we have still that tradition which is running on its way besides crypto world towards success. If you want to switch in to the traditional trading again then you can start from now but mind of a real trader says that trading with multiple sources is better than a single one.
jr. member
Activity: 83
Merit: 3
October 13, 2018, 06:16:16 AM
#61
I personally have never traded in other than crypto. but I once asked someone who traded on the stock exchange. he said trading on the stock exchange was more stable and predictable, especially fiat currencies. because this is regulated by the state. different in crypto, all regulating prices are individuals. for ID I think it's all the same, asking for ID. but to start trading, I think it's easier to crypto, because it can start trading with a small nominal.
Yeah it is right stock market is good than crypto trading. I have some experience of stock trading. It is easier than crypto trading. The market of cryptocurrency is limited compare to stock market. You don’t have much chances of earning money in crypto market. On the other hand stock exchange gives you more chances for your investment. You can make good profit in stock market.
sr. member
Activity: 496
Merit: 254
October 13, 2018, 05:11:29 AM
#60
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
Besides crypto trading we have other choices as well that is in the traditional trading with products either of daily use or on country basis huge trades. Furthermore, a person can invest in stock market which will also generate profit but every business needs time to give you profit and you have to be prepare for everything. I prefer real estate business in which Bitcoin has entered as payment mode which is now more productive.
full member
Activity: 1792
Merit: 186
October 10, 2018, 07:24:57 PM
#59
If you trade outside of crypto, if market is down, does everyone lose similar to like crypto when everything is down?  Example say all coins are down for a few days etc.  Well could it be possible to be up with other things?
full member
Activity: 413
Merit: 100
October 10, 2018, 05:30:53 PM
#58
so many stock exchanges are running today. you only need to choose, like instaforex, forex, fbs, etc. I think there are limits to stock trading and it's more expensive than crypto trading. All trades I think will ask for ID for the security of your assets. and in my opinion it is best to invest in real assets, such as houses, land, gold, etc.

It's just a hassle in trading outside crypto, because you need more requirements to do it so. This can be stressing many people to gamble their liabilities, which I think risky for all traders. Real asset is proven effective, and since the market outside crypto is still on going development I guess it would go further in the next few years so as with crypto. Choosing outside crypto is everybody's preference, but moreover it crypto is a very surprising aspect of investments.
hero member
Activity: 1134
Merit: 517
October 10, 2018, 05:24:21 PM
#57
I've not really traded outside of Cryptocurrencies. But it's something I'm really looking forward to getting involved in. I got in talks with a friend about trading in other markets like forex. According to what I got from him, He said the trading patterns are quite similar with just minor differences here and there. I might get on the train soon.
Yes cryptocurrency trade shares a lot in similitude with forex trade, but there is usually an edge, if coming from forex trade. So far if your cryptocurrency trade have revolved just around buy and hold and little or no experience with margin trade, then there's still a lot of learning to be done. Be sure you fully understood the meaning of these two words: margin and leverage before taking a shot at forex, because the playgrounds are not exactly same. However there's the good news that you can without sweat lay hands on demo accounts for practice and learning.
newbie
Activity: 77
Merit: 0
October 10, 2018, 07:31:42 AM
#56
Crypto and stock trading has a lot of differences. I may not have enough knowledge in stock market since I havent tried to engage into it yet, but I have read a few stuff about the stock market.
One of the quotable difference between the two is, Stock market bears lesser risks than cryptocurrency, yet cryptocurrency could be more profitable in a daily basis, when properly handled by an experienced trader. Meaning to say cryptocurrency are very volatile compared with stock.
In stock market you have thousands of options of buying shares of different companies. In my view stock trading is much easier than crypto trading, because there you can sell your shares anytime you want but in crypto you may not find buyers easily. Investors also look the market trend and the price on which they want to buy crypto. Stock market is not like crypto market.
newbie
Activity: 116
Merit: 0
October 10, 2018, 06:09:02 AM
#55
If you want to trade outside of crypto, you should research or have a knowledge in having investing there. Just like in cryptocurrency it is also risky but stock exchange is a good investment, you can have a mutual funds if you want to invest there.
legendary
Activity: 1316
Merit: 1145
October 10, 2018, 05:45:54 AM
#54
so many stock exchanges are running today. you only need to choose, like instaforex, forex, fbs, etc. I think there are limits to stock trading and it's more expensive than crypto trading. All trades I think will ask for ID for the security of your assets. and in my opinion it is best to invest in real assets, such as houses, land, gold, etc.
hero member
Activity: 1050
Merit: 529
Student Coin
October 10, 2018, 05:11:20 AM
#53
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
Actually, when it comes to volatility and the fact that it is a new market, I would say cryptocurrency is actually a very good place to be trading and why look for other markets that would restrict you to a better profit as long as you have the knowledge to do so. Now, that the market is young, I guess it is a good thing to be taking advantage of the volatility.

Actually, crypto has given a lot of people the chance to have a feel of what market is all about and how they can go about trading the markets to be at an advantage. Forex is good, stocks is great but at the end, you just need knowledge to be able to do right and there is nothing bad actually with diversifying anyway. I believe most people here already having portfolio which might cover gold, bonds and government securities too. Hence, trading outside crypto is not a bad idea Wink.
And if you feel you have the skills in crypto and you are doing good then you should focus.
It's important not to be greedy here because once you are not focus your future is not gonna good.
With the big market in crypto, I think anyone can stay here and make money as much as he want if he is capable.
legendary
Activity: 1176
Merit: 1016
October 10, 2018, 05:01:55 AM
#52
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
It does not actually have to be only Forex or binary trading, with binary trading even not being a good option for me actually, and only a professional trader should go that lane. There are other available options like stocks that anyone can trade but at the end of the day for someone to be able to trade in some of these other markets and most especially market like stocks; you really need some pretty good bucks.

For Forex, however, you can decide to start with any amount that you please, but whichever way, the only thing with trading is that they require the same level of knowledge about analysis to be able to do well.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 09, 2018, 01:28:11 PM
#51
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside crypto is way too different.There are lot more option with different categories Soo the choice becomes vast and risk factor also increases.The basic thing that you have to understand if you wanna start trading in stock market is excessive knowledge of the companies and commodity with exact news and trends.With all this info you can atleast understand the process.
legendary
Activity: 3346
Merit: 1191
October 09, 2018, 11:33:40 AM
#50
Well, I know only a little about stocks trading, as I'm interested mostly in crypto. The procedure of trading on a stock exchange and a crypto one is practically the same. The difference lies in what you trade.
On stocks, you could practice with small portions like it's usually done at crypto exchanges such as CEX (https://cex.io/) or Bittrex.

Unlike others at least you said you don`t know much about stock trading, most of others comments are of topic. For trading with stocks you need to be a broker or to have one, you need a licence for doing that, that`s why crypto trading attracted so many people, simply you don`t need anything except internet and some money, everything else is a piece of cake, you register on any exchange platform or on several and you sell and buy as you wish and when you wish, from that will depend will you have profit or not. There are forex and similar trading platforms, I never had anything with that because I think it`s one big scam, they are yelling about profit everywhere they can, they promise big earning, but we all know that it`s not going like that. Crypto trading is free trading and anyone can practice it, you can start with 5 or 5000 dollars, for every other kind of trading you will need a bunch of money just for start, here you can build your own way.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
October 09, 2018, 10:57:47 AM
#49
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
Actually, when it comes to volatility and the fact that it is a new market, I would say cryptocurrency is actually a very good place to be trading and why look for other markets that would restrict you to a better profit as long as you have the knowledge to do so. Now, that the market is young, I guess it is a good thing to be taking advantage of the volatility.

Actually, crypto has given a lot of people the chance to have a feel of what market is all about and how they can go about trading the markets to be at an advantage. Forex is good, stocks is great but at the end, you just need knowledge to be able to do right and there is nothing bad actually with diversifying anyway. I believe most people here already having portfolio which might cover gold, bonds and government securities too. Hence, trading outside crypto is not a bad idea Wink.
legendary
Activity: 2674
Merit: 1048
October 09, 2018, 10:14:10 AM
#48
If you decide to search trading platforms outside of cryptocurrency, I just wondering, does cryptocurrency not give you any profit? If you know already the ins and outs of cryptocurrency, don't hedge another place to gain money. Expect you have the advantage to focus on two jobs and you consistently run them simultaneously. I have been trading on forex, when I compare between trading forex and cryptocurrency then cryptocurrency has a high volatility. And you need ID card to create a forex account.
newbie
Activity: 86
Merit: 0
October 09, 2018, 07:39:13 AM
#47
Well, I know only a little about stocks trading, as I'm interested mostly in crypto. The procedure of trading on a stock exchange and a crypto one is practically the same. The difference lies in what you trade.
On stocks, you could practice with small portions like it's usually done at crypto exchanges such as CEX (https://cex.io/) or Bittrex.
jr. member
Activity: 63
Merit: 1
October 09, 2018, 05:20:10 AM
#46
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
It means that you have no idea of any other trading apart from cryptos. If you are making good money from crypto trading then there is no need to search other places for trading. Continue in crypto trading, although it is risky but it is also very profitable. You can make big profits in the future when the price raises little bit. Patience and coolness in needed for crypto trading.
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