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Topic: Trading question (Read 796 times)

jr. member
Activity: 840
Merit: 6
July 12, 2022, 10:18:31 AM
Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
There's really a far difference in trading and staking. In trading, you should be active with your trades and you need to keep an eye with all of the cryptos that you're trading and your profit depends on the market and how you are, it's an active profit.
Whilst in staking, you don't need much effort on it. For example, in staking, with mycointainer, they've got several assets that has a fixed APY and the same goes for other platforms like Binance and Uniswap for which you don't need to be active at all times.
You're free to choose any or both of them.
Is this a centralized staking platform like Celsius? Because those are very high risk. It's much safer, and you will receive a higher APY, if you stake cryptos like NEAR or ICP in the official web contract. You can earn 13 and 20% respectively for example.
hero member
Activity: 3080
Merit: 603
July 12, 2022, 08:02:10 AM
Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
There's really a far difference in trading and staking. In trading, you should be active with your trades and you need to keep an eye with all of the cryptos that you're trading and your profit depends on the market and how you are, it's an active profit.
Whilst in staking, you don't need much effort on it. For example, in staking, with mycointainer, they've got several assets that has a fixed APY and the same goes for other platforms like Binance and Uniswap for which you don't need to be active at all times.
You're free to choose any or both of them.
hero member
Activity: 1820
Merit: 526
Leading Crypto Sports Betting & Casino Platform
July 11, 2022, 12:22:17 AM
Cryptocurrency markets are much more volatile than forex markets, but the risks are the same. If we don't have the knowledge to participate, we will all lose money. It is the crypto trading that I prefer, it is high risk, but it can also give large profits on occasion.
In both cases, there are pros and cons to each market. It is imperative that you do your research so that you can determine which market is best for you.
sr. member
Activity: 608
Merit: 264
Freedom, Natural Law
July 10, 2022, 11:56:13 PM
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

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sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
July 10, 2022, 05:36:36 AM
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
Choose which one you like, you are talking about trading, I don't see much difference here. If you have skills and knowledge of day trading then you should trade both, cryptocurrencies are more volatile than stocks, so if you like thrills, you should choose crypto. I only invest in crypto because I like the thrill it gives.
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
July 10, 2022, 04:47:01 AM
There is a crypto forum that you are a member of, so I would say that I prefer crypto trading to forex trading. But if you have time and large capital, you can also trade both, this is considered portfolio diversification, as cryptocurrencies are not always profitable for you. Investment diversification is a highly recommended practice that helps us reduce risk and diversify sources of income.
sr. member
Activity: 608
Merit: 264
Freedom, Natural Law
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
July 09, 2022, 07:46:48 PM
#99
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
In my opinion, both trading crypto and forex have their strengths and also weaknesses. It will depend on how we are working on it, depend on the readiness of our knowledge and also emotions. Trading in crypto may be high risk and full of emotion because of very high fluctuation. But, trading in crypto also may give us high profits. Tand there are still some other positive and negative differences between crypto and forex.
Your friend may be more familiar wth forex that is why he recommend more forex than crypto.
hero member
Activity: 2170
Merit: 553
DGbet.fun - Crypto Sportsbook
July 09, 2022, 07:19:39 PM
#98
Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
staff
Activity: 2436
Merit: 2347
July 09, 2022, 12:17:47 PM
#97
Any short-term trading leads to losses in any market. If you use your leverage, you will go bankrupt faster. If you made money today, it means that other traders have lost them. I prefer investing and an interval of 6-24 months or more.

I would say that any trade on the altcoin market will sooner or later lead to losses and the shorter the timeframe in your trading strategy, the faster you will come to those losses. Is anyone trading altcoins with leverage? Those are some kind of kamikazes for sure. As you correctly point out, the best way to interact with altcoins is either medium-term investing, 3-6 months, or long-term investing, 1-2 years, tops.
hero member
Activity: 2156
Merit: 685
July 09, 2022, 10:02:18 AM
#96
I don't have much experience in Forex trading so I prefer direct Crypto-currency trading. Options on Forex always seemed to be limited so I didn't spend a lot of time. I think that all kinds of manipulations and cheats are made in the Forex market, maybe not exactly, but for me it is more risky than the crypto-market. I have also heard that forex is intervened remotely, I think there are tricks like when a transaction is opened by the centers, they can delay this transaction.
legendary
Activity: 1876
Merit: 4532
July 09, 2022, 05:07:27 AM
#95
Any short-term trading leads to losses in any market. If you use your leverage, you will go bankrupt faster. If you made money today, it means that other traders have lost them. I prefer investing and an interval of 6-24 months or more.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 09, 2022, 02:40:03 AM
#94
forex or crypto have manipulation in market, it is right forex depend on macro economic and for whom understand it  they will become good trader as long as understand about TA too. Analisys in crypto or forex has no difference even with stock or commodity market , player involved in here actually same person.
They are two different markets and by essence markets run on similar psychologies. There is similar manipulation happening in both. The difference is only the personal choice to invest in one or the other.

While forex maybe good for someone, crypto may be better for another. It does not mean either one is better than the other but how the trader profits in one.

Analysis ends up being the same TA, but being accustomed to one of these markets gives th edge. So don't just around thes markets but focus on one of them only.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
July 06, 2022, 12:30:38 PM
#93
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
I prefer to invest with crypto because I am used to and have little experience about crypto, although your friend said that forex investment is better than crypto but I don't agree about it because crypto offers better and bigger return than forex even though the risk is bigger because basically crypto prices are very volatile but if we are used to being in the market then we will not worry too much because we already understand what to do with volatile crypto prices.
Forex IS better than crypto if you are a forex trader, and crypto is better if you are a crypto trader. There isn't a single truth for every single person that covers it like broad brush. If you want to do it one way then do it that way and do not pick something else because it worked for some other person.

I personally make a lot more with crypto than I did with anything else in my life and I love it, doesn't mean that I will go to a friend who made millions from stock trading and tell him to come join crypto. Dude already knows what he is doing and he would be fine staying there. That’s my approach, maybe I am right or maybe I am wrong, I am fine with my decisions though.
hero member
Activity: 2282
Merit: 505
July 05, 2022, 11:16:48 AM
#92
Honestly I think each of the trading instruments that you mentioned have their own characteristics whereas most of the time cryptocurrencies in general being considered as fast paced investment and stock could be either slow or fast paced.
Instead if you prefer investing in an investment instrument that kinda depends in the company performance which you could judge based from their company asset and underlying fundamental then I guess forex and stock suits you more.
sr. member
Activity: 2058
Merit: 281
Seabet.io | Crypto-Casino
July 05, 2022, 03:48:59 AM
#91
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
I prefer to invest with crypto because I am used to and have little experience about crypto, although your friend said that forex investment is better than crypto but I don't agree about it because crypto offers better and bigger return than forex even though the risk is bigger because basically crypto prices are very volatile but if we are used to being in the market then we will not worry too much because we already understand what to do with volatile crypto prices.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
July 05, 2022, 03:20:59 AM
#90
Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

I don't think either crypto or stock or forex is better than the other, they just have different method and nature. You will still need to fight the whale in all that platform, you will also find some price manipulation in all of them, And if you can do all of them why pick only one. Your friend said that maybe because he never learn what is crypto trading, and people tend to fear what they don't know.
sr. member
Activity: 1582
Merit: 333
July 04, 2022, 06:51:01 PM
#89
I think both crypto and forex are equally profitable if we understand how it works. Because as you said both have advantages and disadvantages, it's up to us to decide which one is good for us. Everyone has different tastes and preferences, so each of us should study crypto and forex, after that we try both. So we can conclude for ourselves which one is the best between the two, don't decide based on other people's opinions.
Because not necessarily other people's choices in accordance with what we want.
Forex is not really profitable even if you know how it works. Why? Because even though crypto is something that is risky, Forex is literally between the lips of presidents, if they do something silly then the whole currency goes down, and it has nothing to do with finance at that point.

If the economy is EXACTLY the same, but just because of a sentence the value of a currency goes down, then that "centralization" is a ruin for everyone and even if you make profits time to time, these type of drops are too risky. This is why I suggest that the best thing to do right now would be focusing on crypto which is a lot more decentralized and could make you profit.
forex or crypto have manipulation in market, it is right forex depend on macro economic and for whom understand it  they will become good trader as long as understand about TA too. Analisys in crypto or forex has no difference even with stock or commodity market , player involved in here actually same person.
legendary
Activity: 3276
Merit: 1128
July 04, 2022, 01:21:19 PM
#88
I think both crypto and forex are equally profitable if we understand how it works. Because as you said both have advantages and disadvantages, it's up to us to decide which one is good for us. Everyone has different tastes and preferences, so each of us should study crypto and forex, after that we try both. So we can conclude for ourselves which one is the best between the two, don't decide based on other people's opinions.
Because not necessarily other people's choices in accordance with what we want.
Forex is not really profitable even if you know how it works. Why? Because even though crypto is something that is risky, Forex is literally between the lips of presidents, if they do something silly then the whole currency goes down, and it has nothing to do with finance at that point.

If the economy is EXACTLY the same, but just because of a sentence the value of a currency goes down, then that "centralization" is a ruin for everyone and even if you make profits time to time, these type of drops are too risky. This is why I suggest that the best thing to do right now would be focusing on crypto which is a lot more decentralized and could make you profit.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 04, 2022, 12:39:41 PM
#87
Yes, it's more or less like that and basically any trade has its own risks,so again it depends on each person which one prefers in trading and they certainly have their own choice, Talking about crypto trading is indeed very complex and the crypto market itself is also very volatile so preparation is needed before starting to trade or invest
Same things  are applicable to crypto and forex, both. It takes time and experience to gain the knowledge and skills to trade on a specific market and neither one is better or bad than the other because it is a personal choice. Both are profitable and both are complex but neither is better than the other in my opinion.

As much as you prepare, some risk is always there with any speculative trading, so matter the type of trading, losses will happen.

Crypto is what the users of this forum are familiar with. Some have come from a forex background while some have not. So it is not the best place to get an answer to the OP's query.
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