Topic: Why is crypto trading so similar yet so different from Forex trading? (Read 667 times)

In my opinion, crypto trading and forex trading are similar in that people involve themselves in investing with these assets with the intention of making a profit. However, there are also significant differences between the two. Crypto trading involves buying and selling decentralized cryptocurrencies, which are not controlled by any government or financial institution. While Forex trading involves government-regulated currencies such as USD, EUR, and JPY. These currencies are controlled by central banks and are affected by economic and political events.

Also, in terms of market hours, forex trading is open 24 hours a day, five days a week. Crypto trading, on the other hand, is open 24/7. This means that crypto traders can trade anytime, while forex traders need to be aware of market hours and adjust their trading accordingly.

Both crypto and forex trading involves buying and selling assets for profit, and they have significant differences in the assets traded the level of volatility, and market hours. Whatever you decide to invest in, make sure to understand their differences to make informed decisions and maximize profits.

I think forex is just something that other people do and not us, and that's why it's not going to be something we can fully understand well neither. I just hope that it gets to a point where we end up with a good result one way or another, and if we could do that then we could end up with a return not that later neither.

I just hope that it would be something that I could see happening on the long run, and if we could see it happen on the long run then we could end up with a good profit one way or another as well. I get that people are not really understanding the situation because forex does have similar sides, but if you do not trade on forex then how could you know it that well. Bitcoin is a lot better for that, we understand it at least, so we can't compare it with anything else.

In my own stage i choose FOREX to crypto but i started with crypto as at 2017, one reason i went from crypto to forex is because of the regulation on forex tho is very volatile, why so is because forex doesn't just move based on strategies, the fundamental news plays a big row in forex, unlike crypto where by someone will just come out of no were and pump and dump money in, while in forex you cant try that shit.

I have a different perspective about manipulation. Forex and other trading markets are very much centralised and only such centralised trading markets can be manipulated. Bitcoin is purely a decentralised crypto market that is designed from scratch to remain decentralised and there is no way anyone can manipulate a decentralised trading market which is distributed among so many stake holder.   

There are may different Between cryptocurrency trading and forex trading. Although tools and others activists is same to cryptocurrency and forex trading. I think forex trading is good for us. People think forex is realstric on the other hand bitcoin or cryptocurrency as a manipulated so people telling forex is best from crypto invest. For forex trading need creat a account in a brokarez but for cryptocurrency trading need creat a exchanger account. Foe Forex trade we need to know many countries currency but for cryptocurrency trading we need to know crypto market. I can tell there has many difference between forex amrket and crypto currency market.

Yes, and theres no such thing about opening and close of markets on which you could be able to trading it 24/7 without any issues. Actually these markets are really just that the same on the sense that you would really be

buying and selling out.Profitability would really be able to depend on how well you do able to play with volatility.The main significant differences in between things is about its volatility which we know that it isnt something
that would be similar because the level of volatility in crypto is much more that with forex or stocks and this is why on the talks about huge profits and of course on huge losses would really be pertaining on crypto
trading and not on the other side. Legality issues or in comparison? We do know that forex/stocks is heavily that regulated and been mostly be stick out with those traditional investors or traders.

Speaking of marketcap? Forex does have trillions of volume that generated day by day but cant really be known the numbers in speaking about in overall cap
which we can say that crypto space would really be just a tiny bit portion of this but well its a matter of choice on which place you would really be tending to stick on.

Since Forex trades with other currencies, I think it's only profitable if you are trading in millions of dollars or pounds because most of the exchange in currency most of the time have a cent difference unlike crypto where it's up to a dollar or tens of dollars of difference so you can easily profit even if you trade in small amounts. I could be wrong though, that's just my understanding of how forex works, and that it's just a currency exchange. Plus forex also opens like stock market right? And they're closed at nights unlike cryptocurrency trading which is open 24/7.

I guess this could be a factor but this is not a difference of the trading, it's the preference of the individual that you're talking about which is not the point of this topic. But I agree with what you're saying, they can't give what they have for the other just because there are similarities.

This is a good point, the forex and other markets as well are only open five days a week and they close for the weekend and for some holidays, bitcoin and the market of cryptocurrencies are always open, so someone which is interested on making profits no matter what will always have the chance to find some trading opportunities.

And if you add the volatility of this market then the profits they can get can be very high, now such a thing also increases the risk traders have to face but that is an acceptable price to pay, taking into consideration the massive profits they could get.

Currently, crypto trading is more interesting and more profitable because there are no strict rules and no holidays.
And the main difference is the high volatility which makes crypto price fluctuations faster.
Just look at Forex trading fluctuations, fluctuations are very low and quite slow.

But the risk incurred will also be less, crypto has a higher risk and a greater and faster return.

It just depends on choice and convenience.
80% of your friends use crypto because they know they can only trade in crypto and are more comfortable in crypto.
For trading theory everything is the same, there will be no difference.

Trading Forex and Bitcoin almost borders on same fundamental principles, but the differences are quite there which separate each from the other. The crypto market is highly speculative and prone to manipulation. A person with a good amount of funds can manipulate any low cap alt, this is not possible in forex at all. Some people will say that crypto is trading 'out of thin air' commodities and that's quite true, cus most of the tokens are just mere cash grab..

This is simply a matter of peer influence. 80% of my friends are in cryptocurrency trading. We eat, breathe and sleep Bitcoin. It is therefore normal to lean into crypto trading more than forex trading. I have more experience with the crypto trading app that forex. I have met with crypto traders and we've had a fair discussion on the similarities but no one is willing to give up their passion for the other.

Compared to the forex market all markets seem small, so this is not a problem exclusive of this market, with that being said it is true the manipulation this market can go through can be very intense, however that volatility can be deal with by reducing your position size.

But at the end of the day if your friend does not like to trade cryptocurrencies then he is free to avoid this market, however there is no doubt either he is missing a great deal of potential profits by taking that decision.

At a point, I had to think that Forex trading was even more risky compared to cryptocurrency trading, but it's not; they have the same risk level because crypto trading is of two types: sport buy, where you have to buy when you think the price is low and sell when the price becomes high, and the crypto "future trading, where you have to use some technical analysis and trading tools to predict the direction of the market. Although you can still use those tools in the two types of crypto trading so you can know the market trends,


In crypto trading, when you buy low and sell high, you have a lower risk compared to a futures trader because futures traders are trading with leverage and volatility, which means that any time the market goes against them, their asset will just get liquidated. The same thing applies to forex traders. But if you are buying low and selling high, you also face the volatility risk, but just that you will still have your coins or tokens in your wallet until the price of the market begins to see an uptrend again before you sell high. Sometimes, the project owners for the token you've bought can just abandon their projects and the token will just be worthless leaving you in a very huge loss too.

What you must know is that in both crypto trading and FOREX trading, the risk is the same. If you are not very skilled at analyzing market trends and also using some trading tools to control your risk level, then you will likely encounter a heavy loss.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

That can be another difference between cryptocurrency trading and forex trading. But from what you said, I guess you are not a day trader because day traders always use stoploss for any trade. Not using stop loss will cause them to bury their capital and become reluctant long-term holders, and that's what they don't like.

For me, neither is better than the other, we simply choose which one we feel is the best fit. Both are used to make a profit, as long as they can be profitable, both are good.

Depending on personal preference. I also have a friend who has been trading forex for over 10 years, but he has no interest in crypto trading and hates it. He said that cryptocurrencies are too small and price manipulation makes it impossible for him to do any accurate analysis, but with forex, the manipulation is less and more dependent on supply and demand, so analysis becomes simpler. That's what he shared with me and I find what he said makes sense. The forex and stock markets are huge, I really don't think cryptocurrencies will overtake those two markets anytime soon.

With a difference that is not too big, that's why it doesn't seem like it will be so difficult when we have already traded in crypto and tried forex,
because basically it's almost the same so to adapt it won't take long,
but it depends on everyone's ability as well.

The current forex market has over $4Trln daily turnover and the crypto market is a small dot compared to the daily worldwide transactions on foreign exchange markets. I doubt crypto trading will replace the traditional ways to exchange money on physical and digital platforms but it is a known fact as the crypto industry gets bigger every day. Forex traders look for stable profitability strategies which have low odds of happening in the volatile crypto pairs. Maybe that is the reason behind the fact why fundamental analysis doesn't work in crypto charts, unlike Forex charts.

If you are looking for someone who dumped Forex trading for crypto trading, then search no more, you found one here, and if I must be sincere with you, i don't trade frequently anymore, but I enjoyed and still enjoy crypto trading much more than I did with Forex trading.

And yeah, it is very easier to make more money in forex if you are really good, but then is only because Forex trading is a multi trillion dollar market where as crypto is still struggling to become stable at its current market cap of billions, liquidity is never an issue in Forex trading, but liquidity is something the crypto market is yet to really achieve..

In the future, crypto trading will become the biggest in the money market, but before this can be achieved, we need adoption, and a market cap as big as how big the Forex market currently is.

There is not much difference between crypto trading and forex trading. Forex though is money representing countries while cryptocurrencies are digital currencies or tokens representing companies, organizations, platforms, and other various projects which are a little similar to stocks.

In actual trading, there are no forex platforms that offer spot trading. But we can buy foreign currencies in banks and money exchanges. In crypto trading, spot and leverage exist depending on your preferred style of trading.

This is the odd side of trading cryptocurrency, Both have their odd side.  
In this case, there is also a provision made available which I have used on Binance exchange for shorting or longing Bitcoin to earn more Bitcoin for example, so in a situation, we enter a bear market, you open a short position and as the position goes in your direction more BTC will be added to your portfolio.



Generally, from the experience I have got having been involved in forex and crypto trading, I'm at peace with trading crypto and precisely Bitcoin to trading forex when we talk about the spot aspect of the trading and not the future side because this angle, it's the same as trading forex which makes it similar to crypto trading while the spot aspect of crypto differentiates it from forex trading.

It's very simple why it's different, crypto has much more volatility than forex. Crypto is a very different market because the things that the results depend on is quite different. Also leverage is pretty heavy in forex. Talking about doing both I don't think it's possible to trade both. Both are 24 hours market and you'll be in a very difficult situation when you'll try to remember variables of both the markets so obviously it's not advisable to really trade in both the markets.

A bear market does not mean that the price is constantly declining. Each decline is necessarily corrected and this is exactly the time when a trader on the spot market opens a long. And similarly, such corrections in the cryptocurrency market, as well as in Forex, are very much influenced by news, which leads to a short-term price change.

Actually, good traders doesn't lose money during the bear market. It is just that they don't make good profits because of lack of upward movement of the coins. Since no appreciable movement is made by the coins, trading is always not interesting during the bull period.

Everything that has pros also has cons, it is undeniable that there are the downsides crypto trading and which should also be the reason some people prefer forex trading to it.

While on paper the two might seem very similar they are in fact not actually so similar. Technical analysis is a great tool to help us trade financial securities, it doesn't really matter if it is Stocks, Cryptos or Forex. As long as the financial assets have trends that we can identify with the technical analysis we can make a profit. The big difference in Forex and Crypto trading is in the fundamentals, which is probably why big Forex traders are not switching into the crypto world easily. When it comes to Forex trading it is very important to look at the local interest rates in a country, because you replicate any Forex trade with low risk government securities in a country. For example, if you trade US Dollars vs Euros, you already know today how the price will be in the future. Because you can sell your Dollar today and buy Euros, then invest them in government bonds with almost no risk for 1 year and get let's say 4% back. The profit you make then you can already today covert back with a contract in 1 year to USD to make a fixed profit. On the other side you have the US government bonds which for example make you 8% in one year. With that relationship you know today already that the USD in 1 year needs to rise more than the Euro because it offers higher interest rates. These relationships unfortunately don't are in the crypto world as we don't get any risk free interest with our coins. It's better to focus on one sector of the two and not at both at the same time in my opinion.   

Speaking about their difference, one that I also noticed is that crypto trading isn't profitable during some period of years and that's when the crypto market is in its bear market. Trading during this period aren't always profitable since the price of Bitcoin and other coins will keep falling and if you decide to trade, you'll end up losing. You can only make profits if you're using other advance trading method like future trading.

Meanwhile there's no time that trading forex can't be be profitable unless you're not good at forex trading because you can decide to buy a currency or sell that same currency depending on the news coming from the country that uses that currency, example if their economy is doing well, you buy.

They are almost the same but different also from each other like in cryptocurrency it is not regulated and so because of that you can not monitor news information but only rely on technical. The news you get from trading cryptocurrency is seasonal especially when there is some event or scam happening around the exchange or the whales but in Forex, you can really monitor it by checking the currencies of the country on the news and policies around them from their host country. There are more difference like the leverage used, technicalities etc.

There is almost no volatility in Forex and it is for this reason that high leverage is used there so that a trader has a real opportunity to earn 1%. In contrast to Forex, in the cryptocurrency market, you can earn even 5-10% without using leverage. And using leverage simply increases your profit in proportion to its size or increases the chance of getting liquidated.

I do not want to comment much on the similarity between cryptocurrency trading and forex trading because many people have already said something about this topic.

I want to come in about the differences between the above-mentioned two.
I am writing this based on experience because I came from the forex trading background and I lost so much in forex trading including using a fake bot that was meant to return huge profits on a daily and weekly basis.

The only reason I abandoned forex trading totally for cryptocurrency trading is that when you trade in cryptocurrency good pair of known currencies, even if you eventually run into losses, you could be patient for weeks months, and even for years and that particular coin may return again to make a new all-time high. By then you will run back into massive profit. This cannot be said in forex trading, whereby if the market is against you, you can count it to be for ever. That is the reason I prefer crypto trading to foreign trading.

However where does this increased risk comes from? And to me the explanation is the volatility we see on this market, while the stock market will go crazy if there was a 5% drop on a single day, we see those kind of movements on the price of bitcoin in a single hour all the time.

So traders used to a smaller degree of volatility can get their accounts destroyed in a matter of hours as they were unaware of the risks they were taking, and this means that anyone looking to make that transition needs to reduce their position size or face the consequences of such mistake.

Basically the two markets are almost the same but I think cryptocurrency is a much bigger risk,
specifically I only know the crypto market,
when we have trading knowledge I think we can apply it to both markets.

Forex market is volatile too with very high leverage. Cryptocurrenculy market is younger and has less regulations so developers, projects founders, whales and signal groups can manipulate price more regularly and more easily.

I see both markets are very volatile and risky if we use leverage for trading. Knowledge for trading, indicators are the same but each market has its different sensitivity with news. News can lift price up or dump it and can kill your position shortly when you are not aware of such news.

You could really actually do both if you do like on which these two are indeed markets and even including stocks and indices on which you could really make some trading or having this kind of market on which it does involved buying and selling.Their similarities? You could really be able to make use of those indicators on the same way on which you would really be finding about a good entry and a best time to exit. Are these things to be precise? No its not but its better to handle up yourself on a market on having these kind of tools on which it would really be that might helpful.It isnt really that something that would really be able to rely
but on the concept on how things should really be done then this is something that would be similar. The volatileness would be the actual difference in between markets on which on the time that you would really
be making out some trades in between markets then you would really be definitely noticing this one out.

if you will really stick to few markets, you can easily grasp what's going on, either forex or crypto market. and yes, you can do both. but the movement in crypto is much faster, so you always need to be on the look out what's happening around the crypto market.
if you will stay in some top forex markets, you won't be worried about disappearing such market because it won't.  i guess, the common technique in both is that the more you know about the market you are dealing with, the better you can come up with your financial decisions.

This question, yes, it's possible to do both, my journey started from the CRYPTO MARKET, and the FOREX MARKET was looking kind of difficult to understand, not until 2022 I picked interest to understand how the forex market works, but the material I used in learning trading was all the knowledge of forex because FOREX came in before crypto.

before trading crypto, I first traded forex, analytically I think it's the same as using chartist technical analysis, and I don't completely abandon one of them, because both have different characteristics in terms of fluctuations, so it's just a matter of seeing which one enters the support area first and I bought it. I usually differentiate for these accounts, because in forex I only enter a maximum of 3 pairs, and accounts for normal crypto trading I use bitcoin and ethereum, which I think are easier to analyze because they have the largest capitalization

The main difference is that trading on the cryptocurrency market is associated with high volatility, which we do not observe in Forex. And despite the fact that you can use leverage both on Forex and on the crypto market, there will be significantly more liquidations on the crypto market.

Trading can be consider as gambling if you are just guessing your position and only depends on your luck, that’s why many compare this two. Crypto and forex have its own similarity especially with the risk and the trading strategy, though personally I prefer more to trade with Crypto as I don’t need to deal with any broker just to allow me to trade while in forex, it matters to have a good broker or platform for your trading activities.

Trying out to compare on how long forex market existed. Trying out to make some search and found this one.

Its earliest beginning dates back to the Babylonian period when trading through the barter system was practiced as a means of exchange.
The general conception is that Forex trading started in Amsterdam roughly 500 years ago.
http://History of Forex Trading[/img]]History of Forex Trading

So we do have the idea on when it had started on which trading up on forex is really that already old.It is really just that normal that those people who do make
out trades into other market would really be easily be able to switch up on trading with other market as well just like on crypto. The overall essence on how things
would should be done on trading up on a market then making some switch up wouldnt really be an issue.

I'm not aware of this that companies would stop there employees from trying to source for alternative means of income with trading of cryptocurrency. I think that will be against the freedom of the employees and I think it shouldn't be the business of the employer to look into the privacy of those working for them if they are not using the time for their paid job for trading. If they are performing their jobs effectively then no need stopping them especially if they are not trading while in office or in office hour.

Another reason is that one of them is a lot more common and been around for decades, whereas the other one is not so much. If you think about it, its currency exchange, its literally giving one and taking the other and vice versa, that's what forex is about. Humanity has done this since we invented money, probably before in other forms but since money was invented. Which means that its been perfected in many centuries, and for many decades it has been quite similar to what it is today and many economists worked on it. Crypto on the other hand is new, there could be some similar stuff to it, but that doesn't mean that it would be exactly the same, the result will always be a bit different and that's why its going to be a bit different for sure.

We must not forget that not only this market is relatively new compared to the forex market, there were even some companies that directly stated that if they found one of their traders trading this market then they will fire them, this was long ago but it still happened, so it is not surprising that even if those that trade forex have the abilities to trade this market as well, they are only beginning to do so as there was a significant effort to try to discourage them from doing so.

That's because Cryptocurrency has high volatility so prices will be more volatile compared to Forex.
and the difference is also that Forex trading on weekends will be closed while Crypto never closes 24 hours non-stop trading will always run.

Those who are afraid of cryptocurrency trading may still not understand how crypto trading works.
If they already understand them and master them, the turnover of money will be faster and the risk is also greater.
up thousands of percent to down tens of percent in crypto is common. prepare mentally, and prepare good knowledge for crypto trading.

and for crypto trading pairs that are often chosen, of course, Fiat pairs with various altcoins and Bitcoin which are the main crypto trading pairs.

Bitcoin and Forex both speculate, whereas on both you can do the same like buying or selling. Both are volatile but I believe that cryptocurrency is much more volatile.

But now, cryptocurrency trading for us now is new, we considered it new compared to forex where it is already here for some time, and that's why some people are afraid to trade on cryptocurrency.
And when you do trade on cryptocurrency, it's kinda difficult because there's a lot of exchanges and on every exchanges there's a lot of pairs you will trade, so you need to choose what pairs you want to trade compared to Forex where they only have few.

What if those people who is doing one over other not really wanted to mention it to public?

Ofcourse anyone one can do both at the same time with right time management skills.

I know people who is doing trading as their main profession involved in multiple trading which also includes forex, crypto so yes they are exists but we can't expect everyone do label hey I am doing both.

Not that much. If you can trade forex then you can trade crypto with same perspective of buy and sell but forex has better guide than cryptocurrency.


Individual government also can manipulate their currency outlook and if you are a newbie trader you may keep losing your capital in forex trading.


Cryptocurrency trade is permissible depending on the country you are trading from, if you are in a country where they have friendly atmosphere and space for crypto then you can freely have your way in your trade.

Although the crypto and forex markets have the same operations in terms of fundamental and technical research, their perspectives on trading differ. Cryptocurrency is risky and controlled by whales in the market; they have the ability to make coins pump and dump, whereas the forex market is controlled by countries. I prefer trading forex over crypto since forex is permitted by the government, whereas crypto is not permissible and if detected, taxes or bank accounts are frozen, which is a risk I am unwilling to accept.

It's okay to be biased and I am sure other users are going to feel the same. It won't still affect the forex traders because they are not here listening to our conversations. Maybe some Bitcointalk users does it but I think they will still do both in order to gain maximum profit. The reason why crypto trading looks so similar to forex trading is because both of them are currencies. The only difference is their volatility rate. As you said, cryptos are more volatile than in forex.

It's risky but very rewarding. This is perfect for those who are looking for more challenge. Crypto market have a closing time too like other financial markets. We can slow down during these times but that's okay to be like that sometimes. At least we can relax a little bit.

Forex trading and crypto trading share similarities in terms of analysis and strategies. Although, traders' strategies often differ due to factors such as the volatility and potential gains of cryptocurrencies. Some traders may switch between the two markets based on their goals and market conditions. Also, It is possible to engage in both at the same time, but it requires careful planning and understanding of each market's dynamics.

Both could be possible since the two involved money which is trading. They only differ on the system of the trading like it's more open to volatile the crypto unlike to forex which makes it easier to predict and analyze. It could also be done to crypto but due to its high volatility it makes it difficult and much risky than forex. People also love the volatility of crypto since it's the reason for people to enter and gain profit. If I were to ask who would be better, then of course people who trade from crypto shifting to forex since there's a lot of things you should consider in trading when there's volatility present.

All trading are similar to each other weather crytocurrency,forex and the stock market.Both technical and fundamental analysis play their roles in all the markets. what makes them different is that each market has its own characteristics like the forex market has more manipulations than the crypto-market,while the stock market is slow and the crypto-market is very much volatile than the others.One needs study each market differently to be able to trade them well.

We're wading into the quicksand of Forex and Crypto trading dynamics – similar in their frameworks but diverging at the heart of the matter. Isn't it all about what they're tossing around?

When dealing with Forex, we're handling currencies that have the solid backing of central banks and dance to the tune of macroeconomic indicators. On the other side of the spectrum, Crypto trading is like a game of dodgeball with market sentiment, yet its true driving force is the adrenaline-fueled frenzy of speculation and the laissez-faire charm of decentralized control. Here's where the paths diverge, right?

Now, you'll find some traders who prefer Forex like a comforting bowl of soup, appreciating its relative stability and liquidity. But then, wouldn't you say the crypto market, with its volatile temperament, is more like riding a unicycle on a tightrope, promising higher returns but with a hefty side of risk? Could switching between the two be a question of how much spice a trader likes in their financial soup? Mixing both could indeed offer the chance for diversification, but would require the careful strategy of a chess master and encyclopedic knowledge of both fields. Could this be the brave new world for our intrepid traders?

Cryptocurency trading is easier than forex trading. I have experience in both markets and from my experience, when I was learning how to trade in the cryptocurrency market I found it very easier and I have have noticed same experience been described but other traders in the both market. There's more money to be made in the forex market and it isn't that easily manipulated like how whales can easily manipulate the cryptocurrency market.

To trade in the cryptocurency market, you have to pay attention to the price movement of Bitcoin because Bitcoin determines how other coins move. If the price was to increase or decrease, altcoins gets affected too but in the forex market, all market moves differently.

The reason why is the difference in volatility and how it works. Cryptocurrency has higher volatility than fiat, so a forex trader would need to adjust a lot to minimize losses in trading cryptocurrency, while a cryptocurrency trader needs to study how fiat pumps, dumps, and also how to have a lot of patience, this is only my opinion though.

I think the "you are done" part of forex that makes it so hard. I mean leverage trading at crypto is same in that regard, but if you are spot trading at crypto, it can go down but it won't be zero, well most of the time unless you bought something like Luna.

So, I guess that it would be lovely if you could end up with something in return, so that means forex could make you go to zero the moment you are wrong, but crypto will keep your money going down and yet still have value that could recover. Forex means there is no return, if that money is gone, it's gone, crypto means wait a year or two years if you have to and you will be back where it once was and that's boring I know to many people but that's the HUGE difference between them.

I had traded both forex and crypto trading and experience both volatility which is quite high in crypto than forex trading except during a major news that is when forex pairs tends to move with an unusual high volatility and prior to a high impact news time many traders will be time cautious in trading to avoid hitting Stop Loss during the news hour, honestly I agreed with you that forex trading is less risky than crypto trading and some of my observations is that candlestick patterns do work well in forex trading while most crypto trading pairs defies Technical analysis and when a forex trader has vast knowledge in fundamental analysis predicting the next likely trend of a pair will be easy though it's matter of different folks for different strokes.

Crypto trading and Forex (foreign exchange) trading share similarities but also have significant differences. Here are some key reasons why they are similar yet different.

Similarities:

Both crypto trading and Forex trading involve buying and selling assets with the aim of making a profit. Traders in both markets analyze price movements, use technical and fundamental analysis, and employ various trading strategies to capitalize on market fluctuations.

Crypto and Forex markets can exhibit high levels of volatility, presenting opportunities for traders to profit from price movements. Volatility can result from economic news, geopolitical events, market sentiment, or other factors impacting the respective markets.

Both crypto trading and Forex trading operate around the clock, enabling traders to participate in the market at any time. Cryptocurrency markets are decentralized and operate 24/7, while the Forex market operates in different time zones and remains open during weekdays and closed on weekends.

Differences:

The Forex market is heavily influenced by macroeconomic factors, central bank policies, and geopolitical events. On the other hand, the crypto market is decentralized and consists of various digital assets (cryptocurrencies) traded on different exchanges. The value of cryptocurrencies is influenced by factors such as technology developments, adoption, regulatory news, and market sentiment.

Forex trading is regulated by government bodies, financial institutions, and industry organizations in different countries. There are established rules, standards, and oversight mechanisms in place to ensure market integrity and protect traders. In contrast, the crypto market is relatively less regulated, with varying degrees of regulation across different jurisdictions. The regulatory landscape for cryptocurrencies is evolving, and different countries have different approaches to regulating digital assets.

The Forex market is the largest and most liquid financial market globally, with significant trading volumes and narrow bid-ask spreads for major currency pairs. Crypto markets, while growing in liquidity, are generally less liquid compared to Forex. Some popular cryptocurrencies have good liquidity, but many others can have lower trading volumes.

The Forex market has been operating for decades and has a well-established infrastructure, market participants, and historical data. Cryptocurrency markets are relatively newer and evolving rapidly. They can be subject to higher price volatility, market manipulation, and regulatory uncertainties compared to the more established Forex market.

Crypto is more similar to stock market the difference is that the holdings you got can be withdrawn outside the market while on stocks, your holding stays in the platform.

Crypto trading can be similar to forex if you do it on leverage trading where the exchange allows you to borrow from them. Youre in crypto though so you're going to be trading on BTC/Usdt and not the major currencies of the world.

I have a friend who move from stock trading to crypto trading since stock is a little bit slow to get profit compared to crypto then he decide to move all his money from stock to cryptocurrency. Both of them are the same just like you said they use analysis, charts, etc. The main difference is probably the volatility and the risk that both have.

It can be said that for crypto it is too free for something like that while in forex it is not,
in trading in both are almost the same as a whole,
knowledge and skills are needed and become an important factor in trading.

The risk factor involved in crypto trading is more as compared to forex trade because any company can't go rug or it's hard to manipulate the share prices but in crypto any project can be rug with team just going off the radar and keeping your funds if you understand what I am saying.There is no regulatory body to authorise them but in forex it's not the case and there are securities board protecting the interest of shareholders.But on trading base you need to implicate lot of strategies and skills if you need to make profits in both of them.

If you ask on crypto forum like this the answer will pretty much on crypto side including me as well.

The Forex market in my opinion is good but people who like more volatility will choose crypto if you pro on Technical Analysis then do trade on Crypto will gave you more money because the volatility is crazy here and if you a full time trader that doesn't have holiday crypto market is also a choice because crypto doesn't have close market like other trading instrument

Forex trading is much less risky than crypto trading. Forex trading is basically to trade (GBP, USD, EURO unique stable coins). Here you buy Euro and sell order at high price. When the price of the Euro rises and moves to your position, your order will be completed and your profit generation will occur. The profit generation from here is basically forex trading. The probability of these coins being destroyed is very low.  If you want to destroy all these currencies, you have to destroy all these countries. For example, if you want to destroy the USD, you must destroy the US. Which is not possible at all. But whenever you trade on a crypto trading platform you have to trade with a lot of risk. Although there is high risk involved, there are high profit potentials and very quick gains. If we compare forex trading and crypto trading then definitely forex trading is less risky than crypto trading.

You can, in my opinion, trade both because they are tradeable. Both have whales and institutions, and they are the ones who influence the market because they are the only ones who can produce a large price move, which normal traders cannot. However, not all strategies can be utilized in crypto; however, they can be employed in forex, particularly if the strategy includes pattern trading. However, if SMC or ICT is your strategy or concept, it applies to both crypto and forex. The only thing you should do in crypto market is to increase the stop loss because the volatility is so high.

Both are really just that the same but
only into these points;

1. Platform terminologies/ MT4.MT5
2. Reactive to news
3. Application of TA and FA analysis

But they do really majorly differ

1. Centralized to Decentralized
2. Volatility
3. Market duration (Crypto is 24/7)

This is why some Forex traders did really make out that entire transfer to crypto just because of the volatility.
This is something that makes more income or money or profits due to that faster movement but of course this is something
which is more risky and its normal that traders would really be mindful on what they are really dealing with.

Yes one can do both and grading is simply the buying and selling of financial assets  which might include foreign exchange (Forex) stock, gold, cryptocurrency and lot more of them and I believe  you're referring  to trading g them online when then .amen it digital assets.
Both Forex  and cryptocurrency  assist that can be traded and depending  on how good and conversant one might be with each assets determines how much profits one could get and speak  of such asset.
Both  trading are good and yes both can be traded by one person rather than  switching  sides.

Personal preferences, market conditions, or perceived possibilities may lead some traders to specialize in one market over another. It's fairly unusual for traders to favor forex or cryptocurrency trading depending on their expertise, experience, and degree of comfort with the different markets. Whether a trader decides to focus only on forex or crypto trading, or engage in both at the same time, is determined by their own tastes, knowledge, and trading objectives.

The big difference is in their volatility range which keeps the forex traders away from entering into the cryptocurrency trading and also I know some people who keep doing both simultaneously so we can't say no one chose one over another cause not everything will going to become a news unless a fame person commits it.

One who is successful in crypto trading may not have any reason to complete shift to forex because the profit making ability obviously differs in huge.

To me these are two very different things. Forex operates on much higher liquidity and volume, but much lower volatility. That's why cryptocurrencies are favored by people who want trading to be more like gambling, as shitcoin markets are heavily manipulated and influenced by pump groups. Many of these coins are outright ponzi schemes where some of the supply is held by developers and insiders who only wait to dump it on new investors.
Crypto trading is much more dangerous and it's much easier to lose all your money doing it, unless you focus on trading bitcoin with no leverage.

No doubt there are many similarities here. If we leave the assets, then almost everything is similar. If a person has learnt one type of trading, then definitely he can do the other one, as both are interlinked. I see that OP has mentioned that people are dumping forex for crypto trading. The reason is very simple for that, forex trading has too many complications, unwanted fees and hidden taxes for which the trader often suffers. But crypto trading can be done in a decentralised manner and hence many new generation are attracted towards it.

This does not matter. It depends on the traders preference and choice or likeness for the two different markets yet same idealogy. If you like some thing more than another, you are likely going to speak good about it. That is how it is with cryptocurrency and forex trade.

There can be some factor one likes above the other like regulation. For example forex is well regulated and you could see all the information about a particular news like you can see this platform https://www.forexfactory.com/. A forex trader may likely speak good of it because of the direct access to a news that can help him make trading decision


Why not. You can perfectly trade the two markets including more markets like derivatives and binary. Moreover forex is only weekdays excluding weekends while crypto and deriv are 24/7, so you can have lesser loads by the weekend to relax from Forex trading.

The forex and crypto market works in different ways due to volatility and some other factors. The crypto market is highly volatile and it can go from 10%-30% or even higher within a single day sometimes. The forex market on the other hand is not that much volatile, the movements in that market was pretty low as compare to crypto market. The main cause of volatility of crypto market is the volume and decentralization. There isn't a single entity who can control the market while the forex market is control by centralized authorities.

Although, the trading principles are basically same for both of the markets and the indicators, charts, and other factors are also same for both markets but the volatility has the difference and that's the main cause of concern. Other than volatility the crypto market is highly affected by news media and influencers while that doesn't happen in forex market.



I have traded in both markets in forex as well as in crypto, but I must say that forex market is not that difficult to master, the crypto market is very difficult. There have been cases where newbies earned 1000's of dollars in crypto over night, but  they have lost even more after that. I used to be a forex trader back in 2016's but I transition to crypto-currencies in late 2016 and since then I have never done forex trading. I'm considering forex trading now, but still not doing it yet because they crypto is far more easier and is more lucrative for someone like me.

It's a matter of capability, one person could go both Forex and Cryptocurrency trading simultaneously, and you can definitely profit from any of them with the right strategies and principles in place. But if someone is not that successful, they would dump it together. Maybe forex alone isn't a challenge anymore, and why would you even leave it if you are just technically doing the same thing?

It's just like putting more eggs in more baskets to prevent losses. Especially if you have experienced it already well enough, it should be fine when it comes to this. People can do it both times.

There are no market instruments that are 100% the same, they could only be similar, and this is because of the sector differences, there is no way the economics of Forex can be 100% similar to that of Crypto because they are not the same asset class. That is why you might see some economic news that was so significant in effect with Forex but had a minimal effect on Cryptocurrency. The characteristics of the asset class also explain why Bitcoin, for example, is mostly sluggish in movement than volatile, and this could be so discouraging as it also causes me to avoid it for Forex trading many times.

However, I've never totally abandoned one for the other, I trade them both weekly, yet, I trade Forex more because it gives me more trading opportunities and earns easier for me when Bitcoin which is my preferred crypto would take a longer time to bless my trading account.

if you are of the type of person that thinks crypto analysis is just watching the market candle sticks for trends then your knowledge base is small.
if you think traders just do the same then your circle of people you know is small.

actual traders dont just do trend analysis(not to be confused with technical analysis)
actual traders look outside of the silly trends and find proper fundamental impacts

i did do a bit of forex trading many years ago. but that game was boring and yes i made more on bitcoin than on forex.

the main problems/differences in forex are these:
when 2 countries currencies are traded. people dont do trend analysis, instead they look for things like:
has a country changed its import/export tariffs to affect international trade
has the country doing food exports had a good growth season. where their produce has yielded and so are able to sell more thus causing an effect of forex money shuffling when they export.
however when those reports come out. the big entities have already seen the reports and set their trades accordingly so by the time regular(non institutional) forex investors see the results, the market is already priced in. the hype is over before regular people get a chance to react

however on bitcoin there are some fundamentals that play out after results are published
for instance mining. when there is a hashrate rise. that means more competition for the miners. meaning less coin for them meaning when they sell(later) they will want more fiat for their less coins to break even, thus this is why there is a bitcoin market hype a year after a halving.

when 2022 seen electric prices increase due to international crap happening. the price in 2022 didnt go up immediately.
this is becasue miners buy equipment and pay for electric on upto a 1-2 year contract meaning their costs are priced in at the start and its only when their contracts are up do they evaluate their earnings against their costs to price in the bitcoin they need to sell at. hence the delay

so forex is where when regular people get the news.. the hype is already over.. in bitcoin when people see hashrate rises and halving. they get to see upfront before the hype results

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also another difference is institutional forex investors do not hoard and hype. they day trade on 0.00x% fee's, sniping even the smallest under1% changes to the price becasue the trade fees are so low they can do this. whereby adding up all the small percentages per hours/day results in many percent per year.

bitcoin investors see that CEX trade fee's as being higher so they cant snipe under1% opportunities because the maker taker fees add up to nearly 1% or more then 1% at times. so they only act when there are more then a few % changes involved. most of which makes people not want to wait around for hours. and instead they hoard and sell on the hype

Trading process is common. The assets listed to different form of trading varies. With cryptocurrency trading we were able to see the list of cryptocurrencies added to the exchange. With forex the trading practice is of the foreign currencies. The market determines the price for every foreign currency and based on the same trading is processed. The difference is much on the volatility, with cryptocurrency we can see a big variation whereas the forex is of very small fluctuation, which makes it low risk investment.

Cryptocurrency is not easy predictable, to which the risk is high along with chance of big profiting. However once a person have got used to it he/she won't easily switch to other form of trading. With forex the market is big and could switch to other form of trading looking for better profit.

I think you are confused why they are too similar, strategies and trading principles. And probably what you are trying to ask is which is one is more profitable considering that they likely have the same features.

Well, just wondering why some are leaving forex trading for crypto (and vice-versa). It is not because of finding which one is profitable but it is all about finding themselves comfortable. I believe everyone has the option and for some reason, they will choose crypto over Forex or forex over crypto.

The answer is already in your question, crypto is CRYPTO and forex is FOREX, if you are asked to define what crypto is and what Forex is you know that they aren't the same, so the price action will be very different, some of my pals refer forex trading more than crypto trading and I choose crypto trading over forex.

Either one, price movement is what brings you money, when you bet on price up and it goes down it's lose for you and this isn't because they are different, charts and movement are similar but you need to pick a side to avoid confusing yourself.

Since crypto is where I began my journey, I understand crypto more than Forex, and the last time my pal made me tried forex I lost money.

This is right! also this is the reason won't you be hearing a lot of total volume in forex. They tend to always talk about news, and Forex is mostly affected by news, like every day there is news in the country. It depends on what pair you are trading too, as Forex value will be affected by all types of news, like economic news, catastrophes, or anything else that involves the country. Why most forex traders do not want to move to crypto is that it is not that predictable in crypto. I think it is because they have a lot of experience in forex and are already able to easily read the chart patterns and know which is the best entry into them.

Forex is less transparent. Even the volume is not real. The volume you see on any forex chart is not actual volume since it’s impossible to report that. It’s basically the amount of ticks and it’s an estimate. You don’t have any liquidation data or even open interest.

Crypto is more transparent and you can use that and have a better chance of making actual money. Most that tried forex lost most of their money. Something like 99% of all forex traders lose all their money and give up.

Crypto trading and Forex trading are similar in that they both involve buying and selling currencies. There are some differences between the two and that is Forex trading involves trading of fiat currencies, while crypto trading involves trading digital currencies. The markets for Forex and crypto trading operates differently, with Forex being a more established market and crypto being a newer and more volatile market. Crypto trading also involves a higher degree of risk due to the lack of regulation and the potential for extreme price fluctuations. Forex trading is generally considered to be a more stable market with less volatility and more predictable price movements.

The principles to trade both markets are the same, however there are some differences which will require an adjustment in your strategy, the volatility of this market is higher and if you do not reduce your position size accordingly then the risks that you will take will be too high and your losses will increase as well, also the reason you probably do not see a forex trader becoming a crypto trader and the other way around is because once you know how to trade and asset and you can obtain profits with it, it makes more sense to specialize on that asset rather than to look for other markets to trade.

From the very beginning, there were large trading leverages in Forex, which very often leads to trading losses. KYC is mandatory in Forex, and it is still possible to trade on crypto exchanges without KYC. The crypto market has no breaks, and many companies do not work on weekends and holidays.

Possibly, one can do both at the same time, but it depends on how good or smart you are. While both trading has the same pattern of some technical analysis and predictions of the market direction with the help of some indicators and other trading tools, the simple difference is that in Forex trading, the user is only concerned with trading foreign currencies in pairs like EUR/USD and JYAN/USD, while in cryptocurrency trading, the user is concerned with coin/coin, coin/token, token/token, and coin/fiat or token/fiat pairs. That is to say, it's possible that one can learn the two depending on their personal capabilities. There is always risk in both types of trade, so I can't say that crypto traders make more profit than forex traders; they both encounter losses, but what matters is how experienced one is; if not, they will encounter more losses than the other.

The bottom line there is that forex and crypto are both trading there's no much different, same principle you uses in forex same with cryptocurrency. They make uses of all analysis, charts, candlestick and whatsoever, sometimes forex traders are more smarter than cryptocurrency traders because they undergo series of class and training before they could venture into it, but as a Cryptocurrency trader I think what you needed most is for you to understand the coin you are trading with whether is a reliable coin or not. Crypto seems more reliable than forex so there's no much differences it all depends on individuals how they understand it and learn from.

In defining concepts, trading in virtual assets includes both stocks and cryptocurrencies, and there is not much difference in both activities since it is clear that the same tools and even strategies are used. And to find that some traders have changed trading activity from stocks to crypto does not mean at all that they succeeded with one or failed with the other. This is like going from trading bitcoin to trading ripple, both of which are called trading.
The difference that can be tempting for adventurous traders is that they will move to the field of crypto since prices are very volatile and fantastic profits can be achieved in a short time (they can lose imaginary losses as well), while those who prefer safer investments prefer stock exchanges and Since the prices are more stable.

We all have our trading strategies which works for us, those who are trading in the forex believe they are the best people on the open market, like they are making the best that the market can offer, why those who are also in the crypto (me included) believe  the best things are from crypto trading and that forex has a very higher risk which makes me avoid it the more.

This question seems so simple, yet the answer seems to escape me. Both involve technical and fundamental analysis, which includes indicators, charts, and candlesticks. They make use of the same trading principles, ideologies, and strategies. However, I have yet to see a forex trader who has dumped forex trading for crypto trading. I have yet to see a forex trader who doesn't claim that they make more money than crypto traders. I have also yet to see a crypto trader who has dumped it for forex trading. Have you made a move from Forex trading to crypto trading or crypto to Forex? What happened? Can one do both at the same time?