It's like you are asking which gambling game is more profitable, poker or slots? While for some poker can be disaster and slots profitable, you will find a bunch of other people who feels the opposite. It's the same here, for me crypto trading is more profitable, but I don't trade forex, I never did. What is more profitable for someone is not necessary profitable for others, it's same with losing side, while some people lose, others are making money with the same thing.
What is better for you depends only on you, it's for what you have some skills, knowledge, it will go better for you. If you are just doing that because you saw others doing it, you will probably lose your money. So find yourself and what is good for you, what is that you can find with trying one, then other, and like that until you find the best option for you.
Topic: Which is more profitable, trading with Forex or trading with Crypto Currencies? - page 2. (Read 3112 times)
July 29, 2020, 10:36:02 AM
July 29, 2020, 09:05:19 AM
Making profits with trading in cryptocurrencies is comparatively easy rather than doing so with forex because the price volatility is usually more in cryptocurrencies (especially fiat / cryptocurrency trading). There are more chances of entry and exit in crypto trading than that of forex and hence it is more profitable in my opinion.
This is actually depend on your strategy, trading forex and trading crypto currency are same. You can use your strategy to trade in forex and crypto currency as well. As for the entry issue, I just think if you need more chance to entry the market you should choose a small time frame like 15 minutes, 10 minutes and 5 minutes. The volatility market is not guarantee for you to gain profit, this goes back to your strategy, your analyst, your experience to meet in any market situation. hero member
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July 29, 2020, 09:00:15 AM
It is really depends on what kind of trader are you, the answer is subjective so we cannot say that trading cryptocurrencies are more profitable than forex and also in vice versa. I trade both but trading I'm more used to trade cryptocurrencies than forex because it is what I want. I make money from both but I can handle the volatility and manage the risks more when I trade cryptocurrencies. Even though I'm earning more from trading cryptocurrencies, it still not mean that it is more profitable than trading forex.
Yes, that will depend on how good you trade. If we are trading more in crypto and we have skills in crypto trading, I think we will be able to make a profit in crypto than in the forex. So I think you have more skills in crypto trading than in forex trading because you can manage the risks in crypto trading than in forex trading. The other people will have a different opinion too about which will be more profitable because they have different skills than us.
July 29, 2020, 08:53:50 AM
It is really depends on what kind of trader are you, the answer is subjective so we cannot say that trading cryptocurrencies are more profitable than forex and also in vice versa. I trade both but trading I'm more used to trade cryptocurrencies than forex because it is what I want. I make money from both but I can handle the volatility and manage the risks more when I trade cryptocurrencies. Even though I'm earning more from trading cryptocurrencies, it still not mean that it is more profitable than trading forex.
For someone who just finished a few courses on Technical Analysis focused on both market, would you recommend to focus only on the Crypto market at first or trading on both market from the start would be a better idea (more trades opportunities)?
July 29, 2020, 08:27:17 AM
It is really depends on what kind of trader are you, the answer is subjective so we cannot say that trading cryptocurrencies are more profitable than forex and also in vice versa. I trade both but trading I'm more used to trade cryptocurrencies than forex because it is what I want. I make money from both but I can handle the volatility and manage the risks more when I trade cryptocurrencies. Even though I'm earning more from trading cryptocurrencies, it still not mean that it is more profitable than trading forex.
July 29, 2020, 05:50:47 AM
Trading crypto is more calm and predictable, while in the Forex big players can turn at any moment.
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FxZig
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FxZig
I think what you mean is that crypto has clearer trends. out of trends it's not predictable at all
July 29, 2020, 04:03:39 AM
Trading crypto is more calm and predictable, while in the Forex big players can turn at any moment.
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FxZig
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FxZig
April 06, 2017, 09:31:15 PM
Trading crypto currencies are more profitable because of it is like trading stock without dividen
we can hold if we are wrong prediction and positions
it is different with trading forex we must do cut lost if we are wrong positions and we can not hold positions
it is mean losing money in trading Forex is more high than trading crypto currencies.
we can hold if we are wrong prediction and positions
it is different with trading forex we must do cut lost if we are wrong positions and we can not hold positions
it is mean losing money in trading Forex is more high than trading crypto currencies.
April 06, 2017, 09:21:33 PM
Trading cryptocurrency is still the best if we are talking about the profits and the speed of getting profits. Cryptocurrencies are very volatile and it can go up and down in just a matter of seconds and that is why most of the traders are going into cryptocurrencies rather than forex because they can easily multiply their money within a month without spending too much time in front of their computers.
April 06, 2017, 11:20:22 AM
Do crypto. One of the things that I love about bitcoin is that it's the ideal asset for newbies to learn out to trade.
There are two reasons why crypto is better:
1) You get to interact directly with the markets and there is no broker commission. There are exchange fees, but you can choose between exchanges and learn how important those fees are.
2) More importantly, there is no minimum. You can put up USD 100, and start trading. It's likely that it will take you several months of trial and error before you start making any sort of reasonable return, and you will almost certainly lose your initial investment. So doing trading with a small amount of money will teach you what you need to know.
There are two reasons why crypto is better:
1) You get to interact directly with the markets and there is no broker commission. There are exchange fees, but you can choose between exchanges and learn how important those fees are.
2) More importantly, there is no minimum. You can put up USD 100, and start trading. It's likely that it will take you several months of trial and error before you start making any sort of reasonable return, and you will almost certainly lose your initial investment. So doing trading with a small amount of money will teach you what you need to know.
April 04, 2017, 02:58:00 AM
I find Forex trading more profitable, might be because I understand it better than Trading with Cryptocurrency. But recently I am entering into latter, at the moment I am not being able to do well, but I hope knowledge will from the other sector will take part.
April 04, 2017, 02:00:46 AM
I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.
To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
Using trading altcoin is very much profitable than trading in Forex. Though you can make a huge profit in Forex, but it is also risky one wrong move Forex can make down your funds. Unlike in bitcoin/altcoin trade you can minimize your loss anyhow.To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
April 04, 2017, 01:55:20 AM
I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.
To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
Using trading altcoin is very much profitable than trading in Forex. Though you can make a huge profit in Forex, but it is also risky one wrong move Forex can make down your funds. Unlike in bitcoin/altcoin trade you can minimize your loss anyhow.To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
fundamental analysis and technical analysis. With that tactics we can often get profit than losses.
But it's not easy to mastering both analysis.
April 04, 2017, 12:01:37 AM
I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.
To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
Using trading altcoin is very much profitable than trading in Forex. Though you can make a huge profit in Forex, but it is also risky one wrong move Forex can make down your funds. Unlike in bitcoin/altcoin trade you can minimize your loss anyhow.To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
April 03, 2017, 08:10:00 PM
I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.
To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
Using trading altcoin is very much profitable than trading in Forex. Though you can make a huge profit in Forex, but it is also risky one wrong move Forex can make down your funds. Unlike in bitcoin/altcoin trade you can minimize your loss anyhow. To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..
Do you agree?
March 06, 2017, 01:24:15 AM
Forex trading can make you huge profit or make you broke in just a matter of minutes because most forex brokers uses up to 1000th of a decimal for their spread thus making the price very volatile causing each trader to gain or loss with just a fraction of price fluctuation in such a short period of time and this kind of actions are very consistent everyday, anytime across all forex pairs compare to BTC trading which most of the day is relatively quiet unless a sudden pump and dump activity occurs or a huge market moving news like the upcoming Winklevoss ETF decision.
FOREX don't have 1000 decimal. they only use 4 and 2 for the Japanese Yen. One reason that can make you loss on Forex is through the leverage they allow for traders who have tons of money on their account. In crypto there is sure what to win, invest on BTC. Investing on BTC won't be losing money with it but then its going to take time unlike on forex that a trader can simple raise their leverage to also amplify the profit for every inflation.
March 06, 2017, 01:10:45 AM
Forex trading can make you huge profit or make you broke in just a matter of minutes because most forex brokers uses up to 1000th of a decimal for their spread thus making the price very volatile causing each trader to gain or loss with just a fraction of price fluctuation in such a short period of time and this kind of actions are very consistent everyday, anytime across all forex pairs compare to BTC trading which most of the day is relatively quiet unless a sudden pump and dump activity occurs or a huge market moving news like the upcoming Winklevoss ETF decision.
March 05, 2017, 11:59:39 PM
Different traders might be getting different experiences. But definitely regardless of where we are trading, if we have sufficient knowledge to handle market fluctuations, can find always profits.
Yes you are right, but for new traders who doesn't have any experiences more good trading on crypto currencies most be recomended trading altcoins that has big marketcap more than 100 millions USD, we can check on here https://coinmarketcap.com/ will be avoid trading on scam altcoins, and if the traders had becomed expert can try trading forex because trading Forex more high risk losing money than trading crypto currencies. February 28, 2017, 10:50:38 AM
it depend on your skill because forex trading and cryptocurrency trading is different but because your profit in forex more good rather than cryptocurrency trading i think your skill only good for forex but unfortunately looks like you focus for bitcoin only not trying to trade altcoins because sometimes altcoins trading more profitable i think you must to try it
February 28, 2017, 07:02:18 AM
To my mind trading with btc/usd is more profitable than any others which were written here. Also many things depends on trader, maybe you will be better in forex or crypto trading. When trading with real currencies, there isn't much profit but when trading with bitcoin, it's way to better because price is changing very quickly. Of course everything has it's own risk but there are chanses of minimizing that risks.
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