Trading question - page 3. | Bitcointalksearch.org

TheClownSong

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Quote from: GreatArkansas on April 09, 2022, 09:49:29 AM

Cryptocurrency trading for me is good because the market is 24/7 and there are a lot of opportunities also because of its high risk, and high reward, you can earn a huge amount of profits because of its volatility but at the same time, the risk is also higher.
But also consider that there are some people who are not good in other market, I know someone who are owning on stocks/forex market but when they started to trade in cryptocurrency market, they are having difficulty.

to be able catch this opportunity we must have good trading skill and risk management knowledge, without both of them cryptocurrency market will be very cruel to us. liquidation will suffer us if we didnt applied good ratio between risk and reward. forex or stock market actually have technique to analisys, chart that we face there is no different , maybe on how we analisys about fundamental.

Little_Sister

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Quote from: Silberman on April 19, 2022, 12:35:29 PM

The risks that we can find in this market are also considerable, after all the volatility is higher, there are a lot of scammers and hackers trying to get your money and there are some exchanges with a doubtful reputation that are still in business despite the warnings of the community, with that being said risks exist in other markets as well but the market of cryptocurrencies from that point of view seems like the more dangerous one, but without a doubt trading the market is also worth the risk due to the enormous profits you can get if you are a good trader.

Everything investment has big risk but big risk to investment ratio seems to be crypto investment, because in crypto market you have freedom to own project even without prospect to be able to develop project, we call it scam team because its aim is only to deceive investors. However, if we study crypto properly then we have the knowledge to understand crypto, because any scam motive in crypto can be easily identified as there must be something wrong with the scammer's behavior.

Silberman

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Quote from: yhiaali3 on April 15, 2022, 01:25:06 PM

Of course, cryptocurrency trading is much better, forex trading contains a lot of high risks and requires a lot of experience while trading cryptocurrencies is much safer, for me I prefer trading cryptocurrencies much more than forex, here you can easily compensate for your loss unlike forex, which contains either big profits or Big losses and you can lose all your money, while in cryptocurrency if a coin goes down big you can hold the coin as much as you want until it goes up again and this way you can avoid losing.

The risks that we can find in this market are also considerable, after all the volatility is higher, there are a lot of scammers and hackers trying to get your money and there are some exchanges with a doubtful reputation that are still in business despite the warnings of the community, with that being said risks exist in other markets as well but the market of cryptocurrencies from that point of view seems like the more dangerous one, but without a doubt trading the market is also worth the risk due to the enormous profits you can get if you are a good trader.

justdimin

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This is a cryptocurrency community so the answers you are going to get are majorly going to be in favor of crypto currency trading and of course they are right. Crypto currency trading is the best choice when it comes to trading and people make a lot of profit from trading cryptocurrency than they would when they are into forex trading.

But it is still your choice, and I also like to ask whether those of your friends who are recommending forex trading to you are into such? If they’re into such then have you asked them how much they are making from forex trading? And how good are they, how are they managing their capital and losses?

These are questions that you would have to ask them to also get their own opinion and know why they are recommending such to you. And also get to know how many of them have tried cryptocurrency trading.

If they haven’t traded cryptocurrency, then they have no right to say that forex is better than crypto currency when they haven’t had a taste of the two. You only say that one is better than the other when you have tried both and you are sure of what you are saying.

the ghabbar

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Quote from: SistaFista on April 16, 2022, 01:31:39 PM

If we compare the volatility, cryptocurrency price is more volatile than forex price in the market.
We can trading forex if we want lower risk because the price fluctuation is not too big.
But some people prefer to trading crypto, the more volatile the price, the more the profit can be gained.

Generally, forex and crypto have similarities in running, the concept of the two of them does not have much difference, meaning that both have a fluctuating level, while people think that the two have different functions, even though they are almost similar, I think this really depends on how people recognize the two, because what we have to understand is that both have a level of risk

tygeade

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Quote from: Anguwa on April 15, 2022, 12:10:06 PM

Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

Crypto trading is far more appealing to me than FOREX; I believe that there are more surprise profits in crypto trading, though there are also in FOREX. However, people are more familiar with crypto trading than FOREX, and while trading, one can gain up to 20x his initial investment in a very short period of time depending on market conditions at the time, and vice versa, there is a tendency of not completely losing because the crypto market will bounce back even after going down.

Not every coin in the cryptocurrency market bounces back. And both crypto currency trading and forex trading carries a lot of risk. I believe that his friends are telling him to choose forex trading because that’s what they like and that’s what seems to be the best for them. There are also people that he would meet and they would tell him otherwise. So, it’s mainly about the choice that people has.

If someone thinks that something is going to work better for them, it is best to consider that. Same way that here most of us also considers crypto currency trading is the best for us to choose.

SistaFista

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If we compare the volatility, cryptocurrency price is more volatile than forex price in the market.
We can trading forex if we want lower risk because the price fluctuation is not too big.
But some people prefer to trading crypto, the more volatile the price, the more the profit can be gained.

ItsCrafty

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Quote from: yhiaali3 on April 15, 2022, 01:25:06 PM

Of course, cryptocurrency trading is much better, forex trading contains a lot of high risks and requires a lot of experience while trading cryptocurrencies is much safer, for me I prefer trading cryptocurrencies much more than forex, here you can easily compensate for your loss unlike forex, which contains either big profits or Big losses and you can lose all your money, while in cryptocurrency if a coin goes down big you can hold the coin as much as you want until it goes up again and this way you can avoid losing.

This high risk also available in cryptocurrency like Future and Margin trading where one can liquidate and loss all money and recovery is not possible. Same as with meme coins and new coins where one can loss big and project can be failed. The only trading is Spot trade which is safe but you should choose top 10 coins if you did not want risk
.

yhiaali3

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Of course, cryptocurrency trading is much better, forex trading contains a lot of high risks and requires a lot of experience while trading cryptocurrencies is much safer, for me I prefer trading cryptocurrencies much more than forex, here you can easily compensate for your loss unlike forex, which contains either big profits or Big losses and you can lose all your money, while in cryptocurrency if a coin goes down big you can hold the coin as much as you want until it goes up again and this way you can avoid losing.

mindrust

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Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

Stocks are good for trading but stock brokers usually charge high fees when compared with crypto exchanges.. Forex is a big no no for me on the other hand. It is way more dangerous especially if you use leverage. I'd say choose the path which you understand the best. Some people trade stocks because they know lots of information about the stock they trade. Which one is your favorite? If you like crypto more than the others then sure, go trade crypto.

Silberman

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Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

You are talking mostly about preferences and when it comes to that each one is going to have their own opinion, you do not really tell us what you would consider to be some characteristics that could make you consider a market better than the others, however if for better you are thinking about how much money you can make in each market, then this is a no contest, as the amount of money that you can make in this market is way higher than what you can get in the forex market.

Anguwa

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Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

Crypto trading is far more appealing to me than FOREX; I believe that there are more surprise profits in crypto trading, though there are also in FOREX. However, people are more familiar with crypto trading than FOREX, and while trading, one can gain up to 20x his initial investment in a very short period of time depending on market conditions at the time, and vice versa, there is a tendency of not completely losing because the crypto market will bounce back even after going down.

Moeda

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Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

I'm not that interesting with forex trading. The failure rate is much higher compared to crypto trading. But I've tried to trade forex, it's like we gamble. I prefer crypto trading even though the profit rate is lower, at least it doesn't fail miserably in trading.

Coin BTC

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Quote from: joeperry on April 09, 2022, 04:09:19 AM

Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

I am not really familiar with stock trading and I think there is only a time where you can trade? but they have the concept in crypto trading including uses of indicators and market analysis but I am sure that in cryptocurrency the price is really volatile and can change fast.

I also don't know much about stock trading, and I think it's a good trade using the second method, I myself prefer crypto trading to forex trading, besides I hear a lot of people say forex trading is more complicated than crypto, and to the deposit problem I know crypto trading is also lighter than forex, crypto trading has a lower deposit nominal than forex traders of course, there are several other reasons maybe why people don't trade in forex.

if you get information from your friends, maybe your friends have wider experience and understand with the stock, and you don't be influenced by what they say, go back to cryptocurrency and if you make money from here, tell them crypto much better, crypto trading is great because the market has good traction, and also has very high opportunities and risks, so you get rewards and profits that you are satisfied with.

now it can still be debated crypto or forex which generates more profits, I personally say crypto produces more profits, we see now crypto markets are very good and good

aditasetia123

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Quote from: jahepahit on April 13, 2022, 03:07:57 PM

I am not so good in forex trading, but all I know is that many OG in forex has transitioned to crypto trading. Its all basically the same knowledge you apply. For me crypto trading is more profitable and I stick to it.

trading in any finance market basicly have same system. technical analisys will stay same in how we identify market . alot forex traders also trade cryptocurrency because they see there is no difference with fx. for which one is profitable it depend on our skill analizing chart and price.

mdzahed134

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I will pick crypto trading then Forex because i'm not familiar with Forex trading. Whatever, i think Forex trading is limited with a few specific currencies but in Crypto trading you can trade with thousands of coins it’s a big advantages i think but it’s highly volatile market if you will take bigger risk then you have chances to big profits.

zasad@

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If I'm right, then Ferex is only margin trading, which leads to the ruin of many beginners. In the cryptocurrency market, the main losses also occur in the margin and futures markets. But if you trade carefully in the spot market, then you are less likely to lose your investment.

Dr.Osh

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Quote from: GreatArkansas on April 09, 2022, 09:49:29 AM

Cryptocurrency trading for me is good because the market is 24/7 and there are a lot of opportunities also because of its high risk, and high reward, you can earn a huge amount of profits because of its volatility but at the same time, the risk is also higher.
But also consider that there are some people who are not good in other market, I know someone who are owning on stocks/forex market but when they started to trade in cryptocurrency market, they are having difficulty.

Well, basically, speculation in the forex and crypto worlds is quite different. Personally, I prefer crypto because it is directly related to the project the token represents. I feel that this is also easier, because if we choose 1 coin or token, we just need to focus on researching the coin thoroughly before jumping to conclusions whether we should sell, hold on, or increase the stock. Besides that, I'm also not very proficient in forex trading.

Sebas.tian

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I prefer crypto trading, even though it has a high risk but also comes with a big return. when a new coin is about to be listed on a major exchange like binace the price is likely to go up drastically, this is the kind of thing that got me interested in crypto trading. I don't know if this kind of thing also exists in other trading like forex, for sure for now I only find this kind of thing in crypto trading.

I don't think forex trading is more better than crypto trading because we have seen so many positive results about crypto trading, that is attracting people to have more interest on crypto trading than forex trading. During the pandemic that reduced so many business and forex traders in the community which was giving crypto traders a massive benefits from their investment at the moment. Those that invested a huge amount of money on crypto few months ago,are really doing well than those forex traders that are still struggle to recover from what pandemic has caused to their long term investment.

Xampeuu

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Quote from: YellowSwap on March 23, 2022, 09:32:25 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?

I did both, both of which I like, because they have different characteristics, this is about price fluctuations. in forex, we will be safer because it has the characteristics of lower fluctuations, as long as we are able to manage the number of lots in a healthy manner, in contrast to crypto which fluctuates high, of course the ups and downs of assets will be more dramatic, and of course both I use the same analysis technique

Topic: Trading question - page 3. (Read 833 times)