Which is more profitable, trading with Forex or trading with Crypto Currencies? - page 4.

wintermeasures

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Quote from: layoutph on February 25, 2017, 08:36:58 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?

According to me the Cryptocurrencies Trading is Better than Forex Because I Have Knowledge and Experience in it and Also I Know Which Coin is Profitable For me But If you Don't Have Knowledge in Crypto Trading then I Suggest you to Don't Try this Because You can Lose your Money and If you have knowledge about Forex then I Suggest you to Do that Because it's good for you......

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

I will choose to trade on the cryptocurrency and in my opinion if the trading of cryptocurrency is more convenience rather than the forex trading. i lost a lot in the forex trading and my luck already come on the cryptocurrency trading.

Raja_MBZ

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Go with crypto-currencies trading if you dare to risk it all, either you'll get big profits or big losses.

If you can't afford any big loss, go with forex trading.

veleten

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Forex trading is more stable and skill based than cryptcurrencies trade
it takes more time,more initial information about trading and sadly less profit than crypto currencies trading
due to the volatility,crypto trading can make you very goos money and very fast
you do not need to study as much,general trading information and ability to predict the markets is enough to start

avatar_kiyoshi

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It's depends on your skill.
I do both, but I prefer to cryptocurrency even altcoin(of course I selecting one/two of whole altcoin), altcoin is good to arbitrage because the gap makes the risk decreased.
Cryptocurrency is unique because it's decentralized, when some news appear it will affect the market clearly depends how kind of news (good/bad).

noictib

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Quote from: layoutph on February 25, 2017, 08:36:58 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?

Sorry , but I am not agree because I don't found forex is more profitable than in trading with cryptocurrency .
But if you will see thoroughly in the forex trading then every activity of up and down of market will see clear but in case of cryptocurrency trading everything have no clear reason of up and down of price .
which is indicated by somewhat scam which similar to below quote

Quote from: Skarner21 on February 26, 2017, 12:48:04 PM

I think for me they are just both good to trade but its more scam in crypto currencies than forex.. if you compare them much more people are trading with forex than crypto currency.. most of the people here are want hold some altcoin and thinking that those altcoin will be the next bitcoin..

But even after all these , I will recommend and I will do cryptocurrency trading because I like much its pump in particular time at suddent moments .

seekoin

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Quote from: layoutph on February 26, 2017, 12:43:53 PM

Do I need to use leverage?

Using leverage means you can loose more than your initial capital. Is this what you really want ?

Skarner21

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Massive price drop coming...

I think for me they are just both good to trade but its more scam in crypto currencies than forex.. if you compare them much more people are trading with forex than crypto currency.. most of the people here are want hold some altcoin and thinking that those altcoin will be the next bitcoin..

seekoin

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Forex, because of the followings:

- Except Bitcoin, crypto don't have enough liquidity, this means in many cases, you won't be able to trade at your right price.
- Volatily, coz if you can earn 100% in few days, this means you will loose as well. Also remember many altcoins are even not worth penny stocks.

layoutph

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Okay thanks for the feedback guys, maybe there are somethings I need to know in crypto currency to make it more profitable for me.
May I know your favorite Cryptocurrency pairs?

Do I need to use leverage?

BrewMaster

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There is trouble abrewing

i have voted for trading cryptocurrenceis because i find them more profitable because of the size of their fluctuations. you never see it anywhere else. but i also say that this is mostly a matter of preference. i certainly would never go for Forex trading because all my little experience lies in crypto trading, and i'd be lost over there.

dustboy

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Quote from: terrate on February 26, 2017, 12:20:20 AM

Quote from: layoutph on February 25, 2017, 08:36:58 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?

Yes. forex more profitable and more accessible.
Some people trade bitcoin because they love.

Are you sure forex is more profitable? As I heard from some people, forex trading needs big bankroll in order to get decent profit as it is not as fluctuative as cryptocurrencies. I have never tried forex before, but from what I have heard I'm sure crypto trading is much more profitable.

LittleBitFunny

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As you'd expect someone to say on a Bitcoin forum, it's probably cryptocurrencies. Cryptocurrencies are very profitable, just because of their volatility and also because (no offense to anyone here) people who trade cryptocurrencies are sometimes less experienced and make mistakes which allow other people to profit.

Cryptocurrencies aren't for the faint hearted though, everything profitable is pretty risky. Since they don't physically exist cryptocurrencies often just randomly disappear and loads of cryptocurrencies get completely dumped after a while, so when you put in any substantial amount of currency you're at a huge risk of losing most of it and you therefore have to be pretty clever and have quick reactions or anticipation of events to make any decent profit from cryptocurrencies.

dothebeats

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For me tbh, cryptocurrencies are easily the most profitable trading tool compared to different trading methods paired with btc. It doesn't go always on par with USD but rather with BTC alone and for me, you'll benefit for that big time. Also, there are many cryptos out there that you could really invest on, you just really need to have that optimism and knowledge about these coins that you're going to invest in.

Red Fish

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Trading crypto is much more profitable than in Forex, but the risk is much higher too. If you know well altcoins, then you can try in crypto trading and get fast profit, otherwise better stay in Forex.

terrate

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Newbie in online currency , love learning

Quote from: layoutph on February 25, 2017, 08:36:58 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?

Yes. forex more profitable and more accessible.
Some people trade bitcoin because they love.

Zadicar

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Nothing beats forex and comparing them to the volume of each field crypto currency trading would only be a dust and cant stand any chance to forex but still its good to trade on both but i think forex which is more complicated compared to cryptocurrencies.

Gotottack

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I think it just really depends on your level of skill in trading. Both markets do have a potential for big profits, it's just up to you to know how to work in them. Though in crypto, there are extremely huge swings and potentially can double and even triple your money in a hour, unlike in Forex where things are gradual but can also potentially double your money.

xuan87

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Trading with GBP/USD or trading fiat is not as profitable as trading with crypto currencies, because the government got a control for fiat, so the rising is limited, there won't be a sudden drop or sudden high rise, but in crypto anything can happens, one minute drop and the other minute spike high, when you want to be a professional trader, you will need to find a currency with a swing prices

clickerz

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Backed.Finance

I think its Crypto Currency also is more profitable but it depends on which platform you are convenient and knowledgeable. There are some who earns more in Forex that it is already their bread and butter,their livelihood and life.Both has risks,greater risks if you are not very observant and cautious.

Topic: Which is more profitable, trading with Forex or trading with Crypto Currencies? - page 4. (Read 3076 times)