Which one is better? Forex or crypto currency trading? - page 5.

cybersofts

copper member

Activity: 658

Merit: 284

Quote from: dossantosleite on April 18, 2017, 08:32:58 AM

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?

Cryptocurrency trading is better and has more profits but it's more riskier. Forex trading is more stable market but it's slow and has less profits. For me, I'll always go with the cryptocurrency trading because it's fast and easy once you master the trading techniques. You only gotta have the right trading plan/strategy that works and you are totally fine

darkr

full member

Activity: 546

Merit: 100

Quote from: cryptolord2077 on April 19, 2019, 02:34:18 PM

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.

Why did you decide to go to cryptocurrency then? Forex still brings profits to the best traders. For me, the crypto market is simply the most interesting thing, our future. Thus, I am here.

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

Forex trading is good when you have the right knowledge and much money. Forex trading its capital intensive unlike crypto that you can invest with the little capital you have and can still make good profit. Forex is more volatile than crypto trading you can easliy loose your capital on forex than in crypto trading

bonker

hero member

Activity: 784

Merit: 502

Cryptos have good volatility so if you are a good trader then you can make more profits here than forex but the high volatility make it as more risky than forex so it is on your hands who are willing to trade with high risk and high profits then crypto trading is the best.

greenclub09

full member

Activity: 560

Merit: 102

BBOD - The Best Crypto Derivatives Exchange

Quote from: whirlcoin on April 21, 2019, 07:35:00 AM

Quote from: dossantosleite on April 18, 2017, 08:32:58 AM

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?

in cryptocurrency trading the risk involved in it was little less than the Forex trading so I think it will be profitable also for my work but it depends on each and everyone economic situation do what is best for you and everything will be comfortable at the end you can do it the work properly.

it is easy to know Forex has been existed for a long time and become a huge market for any investors but when we think which market is safer or more profitable, then i will choose Crypto because it is still a younbg market and have fluctuative price, so we can have profit from investing long term and because it is fluctuative the higher the risks we get. Choosing a really good crypto to trade is very important because that can effect entire profit such as it rise or fall faster than others.

Clark05

sr. member

Activity: 1274

Merit: 263

Both of the way of earning money is good depends to the individual if he their skills are for trading cryptocurrecny or not or for the forex.
Depends also to the knowledge of the person and their thinking what is better because we are different personality and choices.
Most of us choosing crypto trading because we are here to trade cryptocoins not in forex right?

iv4n

legendary

Activity: 3346

Merit: 1191

Quote from: whirlcoin on April 21, 2019, 07:35:00 AM

Quote from: dossantosleite on April 18, 2017, 08:32:58 AM

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?

in cryptocurrency trading the risk involved in it was little less than the Forex trading so I think it will be profitable also for my work but it depends on each and everyone economic situation do what is best for you and everything will be comfortable at the end you can do it the work properly.

What he is asking is impossible to answer, what is better for one person can be a disaster for other person. Even in crypto you can make some pretty baldy and risky investments, same like in forex, same like in everything else, the ones who like to risk usually are aiming for a very high profit, on any kind of market.
I never liked bots for trading, and I never used one. I like to do things by myself.

whirlcoin

full member

Activity: 602

Merit: 111

Quote from: dossantosleite on April 18, 2017, 08:32:58 AM

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?

in cryptocurrency trading the risk involved in it was little less than the Forex trading so I think it will be profitable also for my work but it depends on each and everyone economic situation do what is best for you and everything will be comfortable at the end you can do it the work properly.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: cryptolord2077 on April 19, 2019, 02:34:18 PM

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.

My think is totally opposite of you. From Forex your balance might be 0 and you cant go back when you reach 0. But on crypto you will never be 0 and you can go back. Because if its price goes below then it will rise again.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: cryptolord2077 on April 19, 2019, 02:34:18 PM

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.

I can attest to that yet im a forex trader too when im still starting fully with trading but i switch to crypto and leave out forex due to profit difference.
Here on crypto you can earn too fast due to volatility and huge price swings but expect the risk is doubled compared to forex thats why its better to watch out.

cryptolord2077

full member

Activity: 1078

Merit: 110

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.

moynul2050

sr. member

Activity: 812

Merit: 250

what I know is that Forex trading is very risky, this trade is more risky than trading crypto currencies. because if we guess the price wrong we will lose all assets. whereas crypto currencies are not that risky.

pundit

full member

Activity: 868

Merit: 104

If we talk about technical analysis trading then Forex trading and Crypto trading are not different. You can predict crypto price with the same indicators/chart as you predict forex market. If we talk about overall market scenario then I must say Forex market is much much advance than crypto market. Volume in crypto market is not that high but in forex market volume is very high, one need not to wait for buying or selling anything. Trading tools in forex are very advance, MT4 trading terminal allows you to add many technical indicators for technical analysis, it provides facility of closing the trade with single click. MT4 mobile terminal is also very advance but in cryto I have not seen any such terminal yet. Crypto market is in early phase, it will take a long time to have advance features like Forex market.

Victorycoin

hero member

Activity: 1134

Merit: 517

It is same type of question what is first egg or hen. Forex and crypto almost same and on the same time they are different. The thing your learnt more the thing is better for you. I mean if you learnt good in crypto then crypto is good same for forex.

Anait

member

Activity: 218

Merit: 11

Different users will be having difference in opinion about the industry upon which they make meaning to it. Every suggestion has got complications, while trading gives ease of access to go through the market and make realistic predictions to compensate with eating.

lovesybitz

sr. member

Activity: 868

Merit: 289

It is much more better and good for me if I choose crypto currency trading. Besides, this is where I started to begun with here.
Also crypto currency is much easy to understanding rather than Forex, because according to my observation you don't need to show any capital if you want to make some trade in crypto trading while in Forex, you are oblige to show at least 50$ or 100$ if I am not mistaken.

Goodvalony

member

Activity: 616

Merit: 16

i go with crypto trading because it is easier to understand and it is flexible. i prefer trading crypto because i know the foundation and the fundamentals involved. forex is not as easy as it seems to me and it deals with fiat. i can not bear loosing my hard earn money.

wayaneka

full member

Activity: 644

Merit: 101

This is depend on the risk management and trading plan, in bull market is better to trade crypto because this trend will promising high profit in short times, like 500%-1000% just in amonth and in forex very hard to get this number of profit. But in bearish trend is hard to earn profit in crypto trading, so forex trading will be others place to trade to make profit because we can earn profit from long and also short potition by use leverage. So my idea doing trading in crypto when bull market only but after earn profit use some that profit to trade in forex market.

Ranly123

full member

Activity: 952

Merit: 104

★777Coin.com★ Fun BTC Casino!

Quote from: dossantosleite on April 18, 2017, 08:32:58 AM

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?

You can see the complexity of crypto and forex are different. Forex exchange has low volatility compared to cryptocurrency, so doing trades in forex takes you less profit compared to cryptocurrency where in the risk is high yet the return would also be high (that is if you are lucky that you can buy low and sell at high).

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Quote from: iqlimasyadiqa on April 19, 2017, 09:36:15 AM

each person must have their own opinion. as I am more inclined towards the crypto currency trading, I can more easily retrace groove existing price movements. but returned to the favorite. forex and trading crypto currency is the same. the important thing is you have to do both with the best possible, work harder to get what we want.

I'd go with Crypto trading. It's more or less the starting point for a beginning trader. I can't say the same for Forex with all the big players in the market. But unlike forex, Crypto is a lot more easy. I mean, There aren't a lot of "big players" and small to medium traders like us can take part in trading the market. I've tried forex in the past with no luck but go a break through with Crypto. That's what I'm talking about

Topic: Which one is better? Forex or crypto currency trading? - page 5. (Read 22004 times)