Topic: Trading question - page 4. (Read 821 times)
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.
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.
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.
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.
Everything will depend on your interest and how you are seeking your profits. So each market has its particularity and return time or correction time. An interesting aspect is that certain situations in the physical world can affect a certain market and an example of this is political and strategic actions satisfactorily influence. The markets most affected by these movements are Stocks and Forex and the cryptocurrencies market is less affected.
Analyzing the situation is an important aspect.
Analyzing the situation is an important aspect.
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.
indeed in crypto and stocks doing analysis is very necessary before making a decision,
for time trading in stocks is not as free as in crypto
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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?
Maybe you can ask your friends for a further explanation of why they say stock trading is better than crypto so you can find out. Maybe your friends don't know crypto trading yet and only know stock trading so they can say so. You're better off finding out for yourself, which is the better of the two and not just agreeing with what your friends are saying. I love crypto trading because I have studied it for a long time and even though I am not a pro, crypto trading is still a good one for me. 
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.
when you ask that I think many will like to answer crypto because you are in a crypto forum and for me personally I prefer crypto trading of course
I think that your friend was totally wrong in this case. crypto was more volatile compared with stock or forex and in this case you can also see how fast the dump that happen with the cryptocurrency. This means when you are comparing crypto with another commodity like fiat or stock and crypto will be very profitable as long as you were able maintaining it. You must also remember that if someone in crypto can become a rich guy as long as he can invest into the hidden gem that can give him more than 100x ROI.
Crypto can give you also hundreds times of ROI as long as you are picking up the right project.
Crypto can give you also hundreds times of ROI as long as you are picking up the right project.
each trading stock or crypto have their own risks.
I oersonally will orefer to crypto trading. I can trade lower in some coins, easy ways of trading mechanism.
many people say that crypto trading is riskier than trading in stock, moreover if we are trading shitcoins. however, this can be avoided by doing more analysis on the coins, I personally will prefer to trade crypto.
just ensure yourself and consider each positive and negative side.
I oersonally will orefer to crypto trading. I can trade lower in some coins, easy ways of trading mechanism.
many people say that crypto trading is riskier than trading in stock, moreover if we are trading shitcoins. however, this can be avoided by doing more analysis on the coins, I personally will prefer to trade crypto.
just ensure yourself and consider each positive and negative side.
When you ask on this forum which one should I choose, of course I would choose trading in Crypto because with today's very high volume and market, trading in Crypto is definitely one of the other alternatives for Forex users too, and I think many of them We are. do both because with lots of room to invest, the opportunity to get big profits will be wide open because everyone will think realistically in investing.
I learnt both forex and crypto trading in fact I started with forex trading thereafter diverted to crypto trading which I found more reliable and highly volatile you can quickly earn some profits on short term or long term basis though highly risky, however in forex trading you had take into cognisance updates on high impact news which is like a fundamental news that can make or mar your technical analysis and no trades on weekends in forex trading unlike crypto trading which is 24/7 for the fact that my bank account is linked directly with my crypto exchange thus sell some of my profits via P2P is an added advantage.
In forex trading you really have to stay away from high impact news you are right. High impact news are very dangerous to a trading account whether it is positive initially to your account and getting it to increase in profit but you can be surprised the next minute that you check your profit is turned to negative, like your blue turning into red lol. A trader understands what that means and you can have margin call from profit to loss. It is advisable then to avoid such days for high impact news if you don't have a better strategy.
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 crypto trading over forex trading because, in my opinion, we can enter the crypto exchange anytime we want, and we don't need to spend big money. I don't know how about forex trading because I never learned about forex trading, and I think that is more difficult for me to learn. I prefer crypto trading because there are so many coins to trade with, and we can choose more than one to trade.
Obviously I'm sticking with crypto because crypto trading make me very interested. But Depending on understanding and capital also, apart from that it's all intention. I also have a lot of friends who suggest the same thing even my ex GF, often trades in gold and shows his profits are more than my profits trading in crypto. The point is that his capital is bigger (that's all). Crypto move very fast even if it goes up or down it can actually benefit more "when talking about profit", the risks of both are actually the same.
If there is your friend who trades other than crypto and makes a lot of profit, can be sure that his capital is bigger and the risk is definitely also big. Different at crypto we can do it with small capital but the profit can be 100x even 1000x if you choose the right coin and at the right time.
If there is your friend who trades other than crypto and makes a lot of profit, can be sure that his capital is bigger and the risk is definitely also big. Different at crypto we can do it with small capital but the profit can be 100x even 1000x if you choose the right coin and at the right time.
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?
The volatile nature of the crypto market makes me choose this over Forex Trading. But talking about the risk, they are all just the same, it somehow we just choose a place where we can maximize our knowledge and skills. Well, in trading, is not all bout how much we earn but also matters which place we are very comfortable and which one gives us the interest. And for the reason that I have more knowledge in crypto, this become my advantage and I think the others do the same as well.
I prefer crypto trading in comparison to forex trading. In crypto trading you have more assets to chose from for trading. However, the volatility in crypto trading means more risk when comparing market movements. The risk is really very high especially the risk of pumping or dumping the coin/token which rarely happens in forex trading. The choice of what to trade on is really an individual decision as both have its pros and cons. IMO, I prefer crypto trading.
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 crypto trading over forex trading because, in my opinion, we can enter the crypto exchange anytime we want, and we don't need to spend big money. I don't know how about forex trading because I never learned about forex trading, and I think that is more difficult for me to learn. I prefer crypto trading because there are so many coins to trade with, and we can choose more than one to trade.
First of all there is a big difference between trading stocks, forex, bonds or commodities. All of those are corelated to external world and do not move in dependency of each other like BTC does with crypto.
Volatility in crypto is imminent and most unexperienced traders lose money because of high volatility turning the holding crypto to be more profitable in time but if you are a good trader and doing this for a lot of time you can easily understand that these daily price movements of up and down can be a traders heaven.
Volatility in crypto is imminent and most unexperienced traders lose money because of high volatility turning the holding crypto to be more profitable in time but if you are a good trader and doing this for a lot of time you can easily understand that these daily price movements of up and down can be a traders heaven.
Op, you shouldn't take their suggestions too seriously. You should know for yourself that not everything that works for the others would work for you. In simple terms, crypto can be a gold mine for some, while for some, stocks or fiat currency trading is the go to. One fact remains unchanged though regardless of where you are more compatible with which is the need to have at least basic knowledge about candle names, patterns, supports/resistances, and some indicators. Of course the more you know, about trading the better. But whatever you do, always try to keep your greed and emotions in check and please do avoid futures or at least stay on low leverage if you want to last long in trading. That is if you aren't that confident with your skills yet or do not have mentor or a paid signal. You understand what I meam right? If so, then great. Good luck.
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,
You can ask your friend whether he has ever tried to trade in the crypto and what's about his impression in the crypto? it sounds like that if he never tried to trade in the cryptocurrency. If your friends have not even traded on crypto exchange site and then his suggestion may not true as he dosn't even know the atmosphere in the crypto market.
Between Forex trading and crypto trading which one do you prefer the most and why?
Forex is a bit safer than crypto caused by it's less volatile compared with crypto but i prefer to trade crypto over forex. It's caused by when you are seeing the crypto traders and they can make easy money from the various sources. This can become the best advantage about that. Jump to: