Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
If you like to bet risk for huge amount of profit, go for Forex. Broker help you with upgrade system called leverage, you can move high current of money with a little penny.But remember, leverage cause a huge destruction too. Since you do not own the money itself, when it touched lowest pos, its done. No hope is left.
About Cryptocurrencies trends, they are same in characteristic as fiat. More buy, increase price. Many Sell, lowering price. Your decision is depent on calculation that we used for forex trading.
The only difference is in the transaction system
Forex transaction start with open and ending with Close. You never own the money, you just get profit or deficit.
In crypto trading, you will make a decision for exchanging between coins to another coins/fiat based on exchange rate. You grab the coins in your own pocket. When its price touch the bottom of the chart, you still have that coins in your hands, and wait untill the price rising again. More safyy