Topic: Why You choose Crypto Trading instead of Forex Trading. - page 2. (Read 845 times)

I think most traders invest in cryptocurrencies because it is a new interesting technology that was not there before. People are always interested in everything new. Forex is no longer so attractive to people, because everyone has heard about it. And for example, not everyone can participate in the IPO of a company, and in buying coins on the ICO is available to almost anyone.

I accept as true with you that Forex crypto is already within the market but its use is extremely low Everyone loves crypto trading I prefer crypto trading Crypto trading is extremely simple and it's not under anyone's control. Everyone can invest in the currency as they want. As Forex trading is centralized, the worth of the currency is decided beforehand Crypto trading is often done as per one's wish albeit one is busy with various activities Everyone prefers crypto trading when it involves making more profit.

Because i know nothing about forex as my friends are all crypto traders
and they influenced me doing same ,also i am
a working person eversince i was young and no knowledge at all in any
 sort of trading ,i mostly spend my time in office
 using my extra time for overtime and gamings.but life change when i
learn about crypto as my time now dedicated from
 work and here in crypto world.

somehow I also feel that seeing crypto trading is much easier than forex. however, so far, I have often seen crypto, and many considerations we can take. Well, it could be because the pump and dump information from crypto is more clear than Forex.

Crypto trading and forex trading are the best ways to make money in the current digital era, and both are profitable. But I decided to
choose crypto trading over forex trading because in my opinion crypto trading can make a profit big ones in faster time. Because crypto
trading prices are volatile where the movement is only in a few hours can change quickly, can go up or down. That can be used to generate
profits, it looks very risky. But if we understand how to read crypto market movements, the risk can be minimized.

The simple answer is that there are more profits in crypto because of its volatility. Individuals can go to an exchange, buy and slowly learn to trade and make money specially that the market is open 24x7 . Forex is somewhat stable and if you are person that doesn't have the patience then it's not for you. So I would say that it is somewhat related to our lifestyle. If you have the personality that want more risk more reward then crypto trading is for you.

Although I am trading in both markets, there are several important reasons why I prefer crypto money markets. These;

Volatility: As the prices of cryptocurrencies are more volatile compared to foreign exchange markets, they provide more transactions. Although this is not a very positive thing for many investors, it has been one of the most important factors for me to prefer crypto money markets.

Decentralized Structure: Since there is no central intervention, the market is completely priced with supply-demand balance. This is one of my reasons for preference. (Except for the manipulations of big investors, what I said is valid.)

Transaction with Low Commission: We pay much less commission for cryptocurrency transactions compared to foreign exchange markets. For example, I pay a commission of %0.3-0.5 in foreign exchange transactions made through the bank, while I pay a maximum of 0.10% commission for the transactions I have made in the crypto money markets. This is another important factor that is effective for me to make more transactions in the crypto money markets.

High Risk and Return: Since the crypto money markets are a new and uncontrolled market, the risk threshold is also high. Indirectly, the return is directly proportional to the risk. We have the chance to get more returns compared to the foreign exchange markets, as well as the possibility of losing.

well in crypto, you can hold a coin for as long as you can and your money still profits while you hold USD in forex market for a long time and you still get the exact amount you have.  crypto is for all. if you are not a trader, you still can be in crypto and profit when the prices moons. this i believe is a good reason to stay in crypto. another reason is that crypto market works 247 but forex sessions only from monday to friday.

Don't forget about the minimum deposit that you should do before you trade in the forex because that is what I read on some website. The forex trading will depend on the situation in the country, and if something happens like the Covid-19, the forex market will drop like what we saw. Crypto market can get the effect, but the effect will not too big as the forex market. That is what I see on forex trading and crypto trading, but I could be wrong since I don't trade forex.

I like crypto trading because it is easy to learn you buy a coin and hold it and wait for the price to increase but the forex have many steps to do before they earn and takes weeks I guess before you fully understand on how forex works but in trading in only hours or 1 day you can understand the trading and you can start on that day .

the reason why forex have a huge market cap its because it is existed before crypto right ? but if given a time , crypto can also grow big inf the future and might surpass the market cap of forex  . the only reason i chose crypto trade is because i have more knowledge with it compare to forex  . we can earn easily from scratch with cryptos while on forex , you must have an adequate capital and you still need to work hard for your trade to be able to possibly earn some   . there are many infos and trick or tips for cryptos too based on what i see

I'm into the world of trading for a few months ago and one of the thing that's why I choose the crypto trading because it is more volatile than the fiat currency it does not change too much as it changes for over a day and its just only a less dollar per day but in cryptocurrency you can make a lot of changes every time that is the market more volatile unlike the others and one of the struggles into market trading is with the use of the coin which is good at trading not all of the coins are preferably for trading some of them are just stable. Also in trading, there are a lot of market indicators to make sure your trading will win and get a huge amount of profit.


We have different times too this is one of the downsides even you are in another country and you trade other currencies you always need to monitor their time too which is a good time to make trading.

Anyone who thinks things that work in Forex works in crypto are in for a biiiig ride of their life. Things that work in forex do not work in crypto in many times, just not in general.

So, for 40 days you could act like crypto is forex and actually even make money, and one day BAM! something so out of ordinary and something so unexpected happens that you lost 50% of all your income over night, you crash, your position liquidates and basically all around everything sucks. You know why? Because there is no laws in crypto, there is decentralization, nobody can tell you what to sell, when to sell, and how to sell.

You can get together with bunch of billionaires, make them all buy bitcoin at the same time to increase the prize, make them all publish an article about how awesome bitcoin is, and make them sell 1% of their position for 100 days to get rid of all their bitcoins. Normally that would be illegal anywhere else, here there is no illegal at all.

I didn't trade Forex myself, but I knew a lot from my friends who worked there. They were the first to understand the advantages of trading cryptocurrency, compared to Forex. This is due to the high volatility and high liquidity of the cryptocurrency.

Because of in crypto trading the volatility was too aggressive compared to Forex trading, that's the main reason why I like digital currency rather than the real currency. Even up to the present I continuously earned more in Bitcoin or cryptocurrency. And you can anytime do trade in crypto trading compared to FOrex trading too.

First i know nothing about Forex exchange while in Crypto i can just buy and wait that is enough as investments since this is only my second way to earn.
Is this proven mate?FreshForex platform allows to trade with many options?does required putting money first?like other platform that there are minimum amount to start trading?

Things that used to work in forex still work in crypto. The lower barrier to entry fosters less professional competition. Still, I do like fundamental analysis of forex more than crypto. You learn so much more about financial systems and how the world works. I would recommend to anyone trading crypto exclusively to learn a bit about forex fundamental analysis. Babypips is a good resource. 

First off, I am still learning how to trade in forex trading thus I am focusing in crypto trading before I can finally decide whether to enter another field of trading like forex.

As I knew the differences between the two, I mean determining fiat inflation or deflation through technical analysis,too but it makes me harder to trade in forex than in crypto. And for me, forex trading is more compicated because it involves three parties like brokers, middleman and other company. It takes time for me to try it out.

maybe because I was exposed to crypto before I was with forex, I was used to the rigors of crypto. I feel that I can predict the trend of bitcoin more easily than forex, because I am conveying experience from many previous people and I am quite confident when entering the order. As for forex, I have tried and failed 3 times. Forex trading needs to understand more about many countries' events and if we do not understand, our technical analysis is redundant.

The stability is the very reason that I personally choose cryptocurrency trading rather than forex trading. Crypto trading has days where there will be constant dips and that can be an opportunity for traders to buy a piece at low price and profit large amounts when the price of the said cryptocurrency skyrockets, meanwhile in forex trading you are wishing for instability of the government so that you can buy more and the profit margin is very low.