Which one is better? Forex or crypto currency trading? - page 6.

hridoyb

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Quote from: dossantosleite on April 18, 2017, 09:32:58 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?

I have no idea about forex trading and you find many apps on google play store about forex related.So if you intereste on forex try to create demo account forex site and trade but crypto is more profitable.if you buy real project hope you must be getting 2x profit for long term hold. Crypto market always running and there have lots of trusted site if you want to trade .

PuertoLibre

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Quote from: arpon11 on February 04, 2019, 04:13:24 PM

Quote from: dossantosleite on April 18, 2017, 09:32:58 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?

Forex trading is a bit stable market to me and if you have developed your skills and knowledge on interpreting the market using candlesticks formation and some indicators you can easily predict the market and get some profits out of the market. Cryptocurrencies market is a different think and we can actually make money from the market using technical and fundamentals analysis but the volatility is too high that most time the breakouts do cause Suspending of the existing market pattern.
Trading with bots is not much advisable to me. I could remember how in 2011 I lose huge amounts of money through bot and since then I hate trading using bots or robots.

Speculators can move the market with low liquidity and marketcap. Cryptocurrencies are perfect example for trapping others with hot money which flows between financial markets. Low liquidity gives advantage to create shooting star type of price bars on charts and long wicks are created by speculators. Situation is not same on spot forex market. Hedge funds are regulated and they are not allowed to intervene for taking more profit. Automation is usable in case of having working strategy with proven history.

arpon11

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Quote from: dossantosleite on April 18, 2017, 09:32:58 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?

Forex trading is a bit stable market to me and if you have developed your skills and knowledge on interpreting the market using candlesticks formation and some indicators you can easily predict the market and get some profits out of the market. Cryptocurrencies market is a different think and we can actually make money from the market using technical and fundamentals analysis but the volatility is too high that most time the breakouts do cause Suspending of the existing market pattern.
Trading with bots is not much advisable to me. I could remember how in 2011 I lose huge amounts of money through bot and since then I hate trading using bots or robots.

raghovsing34

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Quote from: dossantosleite on April 18, 2017, 09:32:58 AM

Hi,

What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?

According to me, cryptocurrency trading is better than forex trading. Because forex trading so much risky and I faced lot of losses and other side crypto trading is less risky and profitable.

livingstone9

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Quote from: akram143 on February 02, 2019, 05:41:39 PM

Quote from: livingstone9 on February 02, 2019, 02:24:39 PM

For me I will say crypto is more profitable because in if you put more time on it with any investment you can still make out some cash but forex you need investment

but both are profitable for my opinion because both had same positive and negative equally, then the money making way is also very easy in both of the field, people also using both in same in their life.

there are some people that don't use money to start crypto but you can't do that in forex

Salauddin1994

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There is a lot of difference between crypto and forex, especially in crypto, if there is a possibility of loss of one-time loss, if you understand how to trade by listening to it, then it is important to know about the movements of the Mercantile and all the world, maybe some of your money may be in crypto It will remain stuck for it but it will not be completely lost as it is on Forex.

FUD Expert

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I pick crypto over forex. My government here does not allow forex and I agree with their reason that it's very risky. Because you'll never know when a country will progress or go through a crisis. It's hard to monitor without the fundamentals which is present in crypto or stocks.

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Quote from: TheClownSong on February 03, 2019, 12:29:46 AM

Quote from: VTCutch on April 18, 2017, 12:23:02 PM

Quote from: mindrust on April 18, 2017, 09:40:16 AM

Quote from: dossantosleite on April 18, 2017, 09:32:58 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 don't have any experience on forex it seems. Just download metatrader and have some fun with a demo account. There are many bots both paid and free which you can use with forex trading.

Crypto trading is not much different than forex. All you need to make right guesses more than wrong ones. Cool

I don'.t know about C.A.T. much but if you checked the GunBot you'll see that it makes the most profit if there is a bull market going on. The statistics were like; on a bull market you'll most likely to make %500 with gunbot and you'll be making %400 with holding. Don't remember the exact numbers but you can think of gunbot as a profit booster.

You probably won't be making any money if everything goes to shit, neither by holding nor botting.

Trading on a demo account and on a real account is different. When you play on a demo account, you are luckier, and when you replenish a real account, you get more loss:(

Psychologically, in forex market or crypto market is same. But for demo account its different. Using demo account feel free because we dont use our money, its just dummy but when we using real money in real account, our psychology must be different.

That is right, and as far as I know, in the crypto trading, I don't know if there is any crypto market that allows the user to use demo account so they can learn during practice trading with the demo account. And for the software, we need to learn the basic of the function of the software so you can use the robot with properly. But unfortunately, I never use that bot, and I prefer to use manual trading because it can help me to increase my skills.

TheClownSong

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Quote from: VTCutch on April 18, 2017, 12:23:02 PM

Quote from: mindrust on April 18, 2017, 09:40:16 AM

Quote from: dossantosleite on April 18, 2017, 09:32:58 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 don't have any experience on forex it seems. Just download metatrader and have some fun with a demo account. There are many bots both paid and free which you can use with forex trading.

Crypto trading is not much different than forex. All you need to make right guesses more than wrong ones. Cool

I don'.t know about C.A.T. much but if you checked the GunBot you'll see that it makes the most profit if there is a bull market going on. The statistics were like; on a bull market you'll most likely to make %500 with gunbot and you'll be making %400 with holding. Don't remember the exact numbers but you can think of gunbot as a profit booster.

You probably won't be making any money if everything goes to shit, neither by holding nor botting.

Trading on a demo account and on a real account is different. When you play on a demo account, you are luckier, and when you replenish a real account, you get more loss:(

Psychologically, in forex market or crypto market is same. But for demo account its different. Using demo account feel free because we dont use our money, its just dummy but when we using real money in real account, our psychology must be different.

adamlillian

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Quote from: dossantosleite on April 18, 2017, 09:32:58 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?

If you have a lot of money and have good relationships with financial businesses, you should invest in the foreign exchange market. This is an interesting market and it will help us get rich easily if we have a lot of capital to invest.
Trading in the crypto market is quite risky when whales are market drivers. Please consider carefully.

binhvo1505

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Quote from: dossantosleite on April 18, 2017, 09:32:58 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?

I think electronic money is the easiest place to trade and you are free to decide on your portfolio. In other markets like the stock market, forex, ... there will often be employees who buy stocks or currencies to help you, it is really inconvenient and costly.
In addition, to succeed in the forex market, you need to have many relationships to manipulate prices. George Soros is an example of us.

playboy654

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Quote from: Dreamchaser21 on February 02, 2019, 06:28:03 PM

Quote from: kyle999 on February 01, 2019, 11:33:13 PM

Cryptocurrency trading is much good than other crypto methods that very risky in your money it's better also to trade crypto to see for real time price of Bitcoin.

Both are risky but I still prefer to trade on cryptocurrency since Forex can be manipulated easily and its a fiat money so we know the real value of that one. Cryptocurrency gives greater chance to make profit and its good if you will take more risk in this market.

yes cryptocurrency trading will be most easy things do get involved in that whereas in Forex trading the time of investment is more higher and we need to invest some amount to get start trading.

Dreamchaser21

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Quote from: kyle999 on February 01, 2019, 11:33:13 PM

Cryptocurrency trading is much good than other crypto methods that very risky in your money it's better also to trade crypto to see for real time price of Bitcoin.

Both are risky but I still prefer to trade on cryptocurrency since Forex can be manipulated easily and its a fiat money so we know the real value of that one. Cryptocurrency gives greater chance to make profit and its good if you will take more risk in this market.

akram143

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Quote from: livingstone9 on February 02, 2019, 02:24:39 PM

For me I will say crypto is more profitable because in if you put more time on it with any investment you can still make out some cash but forex you need investment

but both are profitable for my opinion because both had same positive and negative equally, then the money making way is also very easy in both of the field, people also using both in same in their life.

bitbunnny

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I would always choose cryptocurrency above Forex. Both investments are risky but to my knowledge Forex is more connected to different fraud scheems and many have lost a great deal of money. I also think that cryptocurrencies could be more profitable and also easier to invest. I also know some people who were successful in both cryptocurrencies and Forex but there are only few of them who are really skilled and experienced traders.

livingstone9

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For me I will say crypto is more profitable because in if you put more time on it with any investment you can still make out some cash but forex you need investment

mr. Heisenberg

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Quote from: ongkok87 on February 02, 2019, 08:32:33 AM

Quote from: oceantiger on January 31, 2019, 01:05:40 PM

Both are good depending on which of them you are conversant with. Forex has been around before the advent of cryptocurrency so we have more forex traders than crypto traders. Both are profitable and are sharing the same technical analysis parameters. The pattern charts are same and their reading and interpretations are same.

all of that is good if in my opinion and expertise that makes good from work like I am an expert in crypto trading because I have mastered the world of cryptocurrencies

I think if you have learned all the basics of trading, then you can work well on both Forex and the cryptocurrency market.

ongkok87

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Quote from: oceantiger on January 31, 2019, 01:05:40 PM

Both are good depending on which of them you are conversant with. Forex has been around before the advent of cryptocurrency so we have more forex traders than crypto traders. Both are profitable and are sharing the same technical analysis parameters. The pattern charts are same and their reading and interpretations are same.

all of that is good if in my opinion and expertise that makes good from work like I am an expert in crypto trading because I have mastered the world of cryptocurrencies

traderethereum

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Quote from: RokokGudangGaram on January 31, 2019, 06:30:19 AM

if I myself prefer to trade crypto than forex, because my expertise in crypto than in forex and the risk is also great in forex than in crypto so that to get a big profit is very easy in crypto trading

I prefer with crypto trading too because it's more difficult to learn about forex. Besides that, we need to learn deeper in forex trading, and it's more complicated than crypto trading. In crypto trading, although we don't know much about the trade, as long as we can buy at a lower price especially if we can buy when the red candle comes, we are safe and good to go to make a profit. I agree that we can make a big profit in crypto trading because we have so many coins we can buy at the lower price.

satriagedhe

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forex and crypto are really different , different method and some thing like that , just pick the one who think you better at so u will gain profit

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