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Topic: Trading question - page 5. (Read 833 times)

member
Activity: 2044
Merit: 16
March 24, 2022, 06:32:03 AM
#26
All of them are good, it all depends what you are capable of on trading. Since you already have interest on crypto trading then it's been to go for it and decide whether to go with your friends likes. Anyways, all of them requires patience and emotions will always be the deciding factor in the end. For me, I will go to crypto trading.
hero member
Activity: 3024
Merit: 629
March 24, 2022, 06:24:51 AM
#25
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're asking this question on a crypto forum so most likely majority of traders here prefer crypto trading. Well in my experience (being a past trader of stocks), I will choose crypto. Because in crypto trading, I experienced to be a huge gainer and I think its best suits me so I stick to it. Hence, it depends on what you prefer and what you think is more profitable if you put your money into it.
hero member
Activity: 1036
Merit: 933
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March 24, 2022, 05:56:57 AM
#24
If you tell me, I will talk about crypto trading because I think crypto trading analysis is a bit easier than forex trading, and the future of crypto is bright, so if you get a good experience on it your future also is lightn Roll Eyes, your friends have given their opinion. And you can do your own personal research to see what works best for you.
sr. member
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
March 24, 2022, 05:55:30 AM
#23
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?
When compared with the risks, of course playing stocks will look better and healthier because the profits with small risks.
Cryptocurrencies carry a lot of risk, but who really succeeds here, they can change their lives quickly.
As what many people say "high profit high risk" that is the picture of cryptocurrency.
Although many people lose in cryptocurrency, but some of them are really successful, what I learned from those who succeeded is how they are patient in market conditions and always take advantage of the moment.
legendary
Activity: 2898
Merit: 1253
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March 24, 2022, 05:42:17 AM
#22
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?
This is a question that is a valid one but being asked in the wrong place. This is a Bitcoin forum and therefore you will get a biased answer skewed towards bitcoin. If you are new in investing, you should first learn about the different types of trades being available to you. Then choose which one goes swith your type of trading habits.

Forex veterans will never want to get into a new trade. Those who are in Bitcoin will probably never want to go for forex. End of the day what matters is what you like and what you are comfortable with, not what is more profitable. Only then you will be able to continue for a longer period and therefore gain more.
sr. member
Activity: 1722
Merit: 269
March 24, 2022, 04:30:08 AM
#21
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 that there is an objective better way of investing, there are only subjective opinions what a person prefers to invest in. Given the fact that you are on a forum that is about crytocurrencies i am pretty sure that a lot in here will answer that they prefer to invest into crypto instead of into traditional stocks and i have to say that i am also one of them. The reasons for that for me are that i only invest small amounts of FIAT that i can lose completely without having any impact on my life or future plans of purchasing something and with such small amounts i don't think i can make nice profits with traditional stocks. If you invest 500$ into traditional stocks and you make 10% profit over a few months then you have 550$ which is nice but not really a game changer. In crypto you always have the chance, even if the chance is pretty small, that you make a x10 of your investment.
sr. member
Activity: 2590
Merit: 452
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March 24, 2022, 04:10:32 AM
#20
There is no harm in doing both for comparison and to learn more between forex and crypto for trading, and once you master the two you will feel the difference especially in profit.
In my opinion, forex trading for the short or medium term will tend to be stable and it is difficult to get big profits except for the long term.
and crypto in my opinion is more promising for trading depending on the analysis and the chosen coin and also the price also varies and is easier to do.
and if you just want to trade without having to do a good fundamental analysis, it seems forex is not suitable.
sr. member
Activity: 1918
Merit: 256
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March 24, 2022, 03:26:08 AM
#19
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 think stocks have less risk than cryptocurrencies, NAS and GBP stocks are quite popular, so make your friends believe that they are better than cryptocurrencies.
Between trading forex or cryptocurrencies which is the best, it's a personal choice, I think it has the same risk because it is different from investing in stocks, forex buys currency and cryptocurrency buys digital assets.
I prefer to invest and trade in cryptocurrencies, because they are well known here.
In addition, cryptocurrencies look simpler and more complex transactions than forex.
hero member
Activity: 1540
Merit: 812
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March 24, 2022, 02:31:29 AM
#18
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?
different understandings, then there will be different ways of looking at an existing exchange, crypto and forex have greater similarities, but different ways of working between the two, both forex and crypto what you want to achieve is profit, but talking about profits it is certain that people will choose a trading exchange safe and trusted, for now I think they both fall in the same level, but there are other factors that make crypto more preferred by people compared to forex
legendary
Activity: 3108
Merit: 1029
March 24, 2022, 01:33:28 AM
#17
If you wanna trade in the market with very high volatility and then crypto must become the best answer and in my opinion if you are interesting with what offered by your friend and you can go with forex. In my opinion if trading crypto is much more profitable these days. You can read this

https://coinmarketcap.com/alexandria/article/forex-vs-crypto-trading-which-one-is-more-profitable

Forex is not a big risk place like crypto and you know that less risk and less reward, greater risk and greater reward.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
March 23, 2022, 07:55:05 PM
#16
I will pick crypto first since i here in the crypto. You will be only seeing even the guy that was starting from zero to hero. So many forex traders are also moving to the crypto. Crypto have so many features compared with the forex trading and you can make money in so many ways. You must search some old articles that explained it so well about how some people with small amounts of money can turn it into a lot of money.
The fundamental of crypto is so good as it's based on the tech. Remember that the traditional economic is slowly replaced by the digital economic system.
legendary
Activity: 2688
Merit: 1065
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March 23, 2022, 07:29:26 PM
#15
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?

Both of them are good depending on how you familiarize them. You are the only one who can answer what will be the one to choose. You can start studying whatever you preferred to start with then see if you will have an interest moving forward with it.

Here in crypto-forum of course you will see them favoring the crypto-trading comparing stocks or Forex trading.

Find your interest. It's ok to hear suggestions from your friends but the decision should be yours.
sr. member
Activity: 2506
Merit: 368
March 23, 2022, 06:53:05 PM
#14
Think it this way, maybe your friends are good at stock trading and not crypto trading? Ask yourself which one you are used to right from day one if it's crypto then stick with crypto, if you cross that line into stock trading you will have some bad news to share later, I hope it won't get to that level.
Yes, it will definitely depends on a person's capability to trade and how they are getting used to it and if his friends are good in stock trading then you should at least try both of crypto trading and stock trading. Maybe your friends aren't good at crypto trading or they were just aware only of the volatility as the risk but didn't even try how to trade or maybe they just did but didn't go as planned.

You should definitely try both in order to tell which you would prefer to choose and I believe both have their own risks so it's up to you on how you manage to minimize it.
sr. member
Activity: 1313
Merit: 302
March 23, 2022, 06:49:47 PM
#13
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?

Everything had their own special features. When the investment made on stock, you may get of 5% minimum profit with a short period. But while considering of crypto, you can even earn 50% as additional from your investment in a week.
sr. member
Activity: 2828
Merit: 344
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March 23, 2022, 05:31:36 PM
#12
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?
There are a lot of things we need to consider upon choosing to trade whether it was stock trading or crypto.

1. Comfortability/Preferred
2. Strategy(ies)
3. Knowledge

Basically, stock market trading isn't far from what we do in crypto trading, however, it really mattered where a certain trader will look themselves good to something. If they know that they are good in the stock market, of course, they will stick to it. But as we are in crypto, it is absolutely what we choose as well.
hero member
Activity: 1876
Merit: 524
March 23, 2022, 05:28:48 PM
#11
It is debatable whether forex or crypto money earns more. In my personal opinion, crypto money can earn more. Because the cryptocurrency industry is a big ocean and every cryptocurrency is a grain of sand in this ocean. While the sinkings in the Forex market look at a small movement of the companies, it can be the opposite in crypto money. Since you are asking this question here, it means that you have used your choice in favor of crypto money. Of course, I recommend that you evaluate both sectors well and make your investments accordingly.
hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
March 23, 2022, 05:24:40 PM
#10
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?
Forex = Less volatile/Heavily Regulated
Crypto = Very volatile / Less Regulation (you can engage with Kucoin for having no kyc and considerable daily limits)

Just choose on where you do see that you would fit out and test it for yourself and follow it and not just simply relying or try to follow
others advice.
full member
Activity: 1848
Merit: 158
March 23, 2022, 05:21:38 PM
#9
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?

A good trader can trade in both markets. If you are doing this work with certain paradigms, it does not matter where you do the work. You win in any condition and in any market. Technical analysis methods have universal methods like mathematics. It can be applied to any chart. The same rules apply in classical markets or cryptocurrency markets. I wish you good luck.

And also, if you ask a crypto trader, which one is better, definitely, he will say crypto trading. So it is just a matter of perspectives here. It depends on where you are comfortable with. For those who are trading stocks, they will choose stocks. Bottomline, both are good if you happen to discover their pros and cons. They have certain advantages and disadvantages and it is up to the trader himself how he will strategize on these markets.
legendary
Activity: 2240
Merit: 1131
DGbet.fun - Crypto Sportsbook
March 23, 2022, 05:08:51 PM
#8
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?

A good trader can trade in both markets. If you are doing this work with certain paradigms, it does not matter where you do the work. You win in any condition and in any market. Technical analysis methods have universal methods like mathematics. It can be applied to any chart. The same rules apply in classical markets or cryptocurrency markets. I wish you good luck.
sr. member
Activity: 2520
Merit: 280
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March 23, 2022, 11:31:36 AM
#7
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?
If you ask a forex trader about cryptocurrency trading then how they will suggest something is better than what they are doing? Crypto trading is far better than any other kind of trading because of its volatile nature so more you risk the returns will be more but more risk that is very important.
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