The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.
well, I agree. choose according to your needs. basically both have the same potential and risk. it all depends on the strategy you have. for now, I only focus on cryptocurrency. that's because I really like the development of the blockchain. 
Topic: Which one is better? Forex or crypto currency trading? - page 4. (Read 21955 times)
I was regularly using forex for money exchange but after a point, I started using crypto trading because of the more benefits and amount difference. Forex trading is good only when you want to trade for any specific country currency, for the investment purpose Cryptocurrency Exchange is the best option.
For detailed information about online cryptocurrency exchange visit: https://www.evonax.com/
For detailed information about online cryptocurrency exchange visit: https://www.evonax.com/
The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.
Agree that choice by hobby is a good thing but hobbies and jobs to make money are two different concepts, we should understand that problem, a very good example is that in our lives, many people follow their passion but the number of people who succeed with what they like is very little. So, do not choose what we like, choose what we know, what we can be confident of and make money from it, crypto trading or forex trading, we cannot judge which one is better when the tool to make money is only good when the participant has enough qualities and skills
Never been a big fan of forex. I personally like stocks. Even more than crypto. Most cryptos don't reward you with any kind of dividend. Some altcoins do, but the risk associated with altcoins is often far to high compared to that of stocks.
Anyways, here's a cool article that helped me decide whether I should trade crypto or stocks:
https://cryptotradernews.com/investing-trading/should-you-invest-in-stocks-or-crypto/
Anyways, here's a cool article that helped me decide whether I should trade crypto or stocks:
https://cryptotradernews.com/investing-trading/should-you-invest-in-stocks-or-crypto/
The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.
Well, in profit wise cryptocurrency trading is very profitable, but it is very risky, so you have to keep that in mind. On the other hand, Forex trading is less risky and the profits are also low.
There are pros and cons on both markets. Therefore, choose based on your goals. For example, if you want to arrive quickly, then the cryptocurrency market will do for this.
FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major upward movement
Lol. What does ETF had to do with whether the price is going up or not? The price has been going up for long and there wasn't anything like ETF then. We saw a Bull run in 2017, were there anything like ETF then? No. So you' all should stop saying this, you don't know anything about whether the price will go up then or not, it might still remain as it is (fluctuating), the price might even fall down because they might say this price is not accurate, or it might even become very stable (which is what a lot of people here wouldn't like because they want it to be stable). Both forex and crypto trading are good depending on which one that you understand works better for you. But, if you ask me choose, I'd choose binary trading and crypto trading, but like I said all of them are good. Why I choose binary trading is because it is very easy, and all you have to do is put the UP or Down on which direction the price will be moving. A lot of binary options now allows their users to trade cryptocurrency ;Bitcoin, Ripple and Ethereum and more.
be sure that you familiarize on how this thing works.Most newbies do believe on easy money that's why instead on making binary as a sort of serious thing they
do rather treat it as a gamble which is very wrong.
FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major upward movement
Lol. What does ETF had to do with whether the price is going up or not? The price has been going up for long and there wasn't anything like ETF then. We saw a Bull run in 2017, were there anything like ETF then? No. So you' all should stop saying this, you don't know anything about whether the price will go up then or not, it might still remain as it is (fluctuating), the price might even fall down because they might say this price is not accurate, or it might even become very stable (which is what a lot of people here wouldn't like because they want it to be stable). Both forex and crypto trading are good depending on which one that you understand works better for you. But, if you ask me choose, I'd choose binary trading and crypto trading, but like I said all of them are good. Why I choose binary trading is because it is very easy, and all you have to do is put the UP or Down on which direction the price will be moving. A lot of binary options now allows their users to trade cryptocurrency ;Bitcoin, Ripple and Ethereum and more.
Both forex and crypto trading is good its depend to the trader how they can manage their trading strategy to make a good profits. But of course this two are have differences like liquidity, so choose wisely that will be alright to you.
Bitcoin is clearly not a functional currency , it can handle only about 1000 transactions per second. Bitcoin exchanges can’t handle even few million $ order without crashing, they are prone to changing govt regulations, hacking and exposure to darker elements of society. Its not easy to convert your wallet to fiat currency (even 10K $ worth).
Although Forex is also speculation venture. Forex is very well established with Trillions of $ per day trade, amazing liquidity, so it can not be cornered by a single trader. For me choice is clear.
Since I 'm not quite familiar with the Forex trading, I would rather go with cryptocurrency due to that I've started since I was newbie here.
And in my assessment in crypto currency its that too complicated compared to Forex trading in my perception only. Though are just both trading aspects but different form of currency were it is in between Fiat and digital currency.
And in my assessment in crypto currency its that too complicated compared to Forex trading in my perception only. Though are just both trading aspects but different form of currency were it is in between Fiat and digital currency.
FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major upward movement
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?
Each trader should determine for himself where he will trade comfortably. It should be borne in mind that trading in the crypto market is much more dynamic than in the forex market. There is a lot of volatility, big risks, but also the ability to earn a lot sums of money is much higher. Some of my familiar traders combine trading in both markets.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?
As for the use of bots, I personally don't approve of this. I think that only I can make the right decision in a non-standard situation, while a bot can quickly lead me away in minus. But everyone must make a decision for himself, assessing all the risks.
In my youth, I tried to trade in Forex, as it seems to me, trading there is more stable and is subject to study of more types of analyzes than crypto.
In your youth! Then how old are you now buddy? I think cryptocurrencies trading and forex are the same thing and follow the same trading pattern just that one is old and has been existing for years and why the cryptocurrencies is new and has makes great impact on our life. 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?
Each trader should determine for himself where he will trade comfortably. It should be borne in mind that trading in the crypto market is much more dynamic than in the forex market. There is a lot of volatility, big risks, but also the ability to earn a lot sums of money is much higher. Some of my familiar traders combine trading in both markets.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?
As for the use of bots, I personally don't approve of this. I think that only I can make the right decision in a non-standard situation, while a bot can quickly lead me away in minus. But everyone must make a decision for himself, assessing all the risks.
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?
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?
between forex and crypto trading each has advantages and disadvantages, which is more profitable? it depends on the trader itself, because every trader has different abilities, the strategy between forex and crypto is the same, but forex is easier to predict than crypto, I personally prefer crypto trading rather than forex.
There is no difference between cryptocurrency and forex trading. Crypto is volatile in nature, so fluctuates more compared to the Forex. Though crypto is more profitable, it is a lot more risky. Now, it is up to you to decide high risk, more profits or low risk, small profits.
Both were more volatile market, and I feel more comfortable with cryptocurrency trading. Though the risk involved is high I have trust upon cryptocurrency that what we invest will surely get us some profit some day. With forex I was unable to get such a trust, maybe I was much into crypto than forex.
I tried Forex trading in 2015. Did a few trades and incurred huge losses. The tips that I got never worked out. As you know, the forex market is highly volatile and if you are unlucky then your entire bank balance can vanish in a matter of few hours or even minutes. 4 years have passed after that and I am still afraid to try my luck with Forex.
Can't tell about crypto-trading because I have never tried margin trading with cryptos.
Can't tell about crypto-trading because I have never tried margin trading with cryptos.
There is no difference between cryptocurrency and forex trading. Crypto is volatile in nature, so fluctuates more compared to the Forex. Though crypto is more profitable, it is a lot more risky. Now, it is up to you to decide high risk, more profits or low risk, small profits.
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