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Economy => Trading Discussion => Topic started by: infobiactrader on June 05, 2021, 02:54:04 AM



Title: Crypto trading vs Forex trading
Post by: infobiactrader on June 05, 2021, 02:54:04 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?


Title: Re: Crypto trading vs Forex trading
Post by: mk4 on June 05, 2021, 03:17:00 AM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.


Title: Re: Crypto trading vs Forex trading
Post by: Oshosondy on June 05, 2021, 04:30:04 AM
Both crypto trading and forex trading are very risky, they are both ways many people are losing, but the experts are using it to make money, the experts are few while the losers are many. It depends on how expert you are, both are risky and can be profitable. Also, use low leverage, the profit can be low, but the chances of losing high amount is low while your margin is low. You will have to choose one and study about it very well, or you can study the two and later choose one. You may even later like the two is you go patiently.


Title: Re: Crypto trading vs Forex trading
Post by: traderethereum on June 05, 2021, 04:34:36 AM
It depends on how hard you learn in crypto trading or forex trading.
If you often learn about crypto trading, I think you will understand much about crypto trading, which can help you make more profit.
It is about how you learn.
I do not know forex trading, but that does not mean I am an expert in crypto trading because I still need more about crypto trading.
But I can make a profit from crypto trading.
If you want to be a pro trader in crypto and forex at the same time, you need to learn hard about that two things. It is simple as that.


Title: Re: Crypto trading vs Forex trading
Post by: SquirrelJulietGarden on June 05, 2021, 04:55:29 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
No one can tell you which one is the best. Because the best choice is a very personalized choice. In the same market type, example crypto market, many trading strategies and one person will only find one or a few strategies the works for personal need.

You can not find two people with same personal characteristic, especially in disciplines or emotion control ability. When you have experience, you will build up your personalized strategies.

Crypto market and Forex market are very different obviously.


Title: Re: Crypto trading vs Forex trading
Post by: dothebeats on June 05, 2021, 05:15:17 AM
Profitability depends on how well you know the market. Even in low volatility markets, if a trader is skilled and experienced enough to know opportunities and when to grab them, they usually come out on top and get lots of profits. Both could give you huge opportunities to get a lot of profits, too. At the end of the day it all comes down to preference on which asset are you more comfortable trading with and how versed you are on that certain market.


Title: Re: Crypto trading vs Forex trading
Post by: TheUltraElite on June 05, 2021, 05:20:46 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
I find it amusing that you are a 8year old account owner of this forum and you ask a question as basic as this one. Where had you been all this while?

Skepticism aside though coming back to point, comparing two modes of speculative trading will never yield an absolute answer. Ask the same question on a forex trading forum you will get answers biased to forex, ask that in a crypto forum like this one you will get answers biased to crypto.

It is a choice of previous experience and knowledge. If someone is experienced in forex and has been doing it for the last 15years, they would hardly move to crypto and start anew. Although that could be a fruitful venture, but the age progression of humans make them less conducive to learning new things and therefore they will likely not be able to profit from it.

Both are profitable and both can bring huge losses. If you havent done either, then look for the one where you currently have more knowledge in.


Title: Re: Crypto trading vs Forex trading
Post by: boyptc on June 05, 2021, 07:00:21 AM
Forex is more of a gamble as they say but that's just the same in cryptocurrencies for altcoins that you don't know.

But if you're knowledgeable in crypto, you're on the right market and the advantage of it, there will be no people telling you in forex to HODL. But if you're also skilled and experienced in forex, you'll earn the same as you earn in crypto.

Whilst in bitcoin, you're fine and relax to HODL.


Title: Re: Crypto trading vs Forex trading
Post by: leea-1334 on June 05, 2021, 08:50:23 AM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.

And like comparing forex and crypto as fruit and vegetable, vegetables is more volatile than fruit,,, spoils faster so needs to be traded quicker (again talking like a trader not a hodler).

People forget they need to set their expectaions and wants first. Like you said, they need to know if they want fast/slow trades? Short/long term?

Forex is fun because they can even earn interest overnight too for some people.


Title: Re: Crypto trading vs Forex trading
Post by: Oshosondy on June 05, 2021, 11:50:50 AM
Forex is more of a gamble as they say but that's just the same in cryptocurrencies for altcoins that you don't know.

But if you're knowledgeable in crypto, you're on the right market and the advantage of it, there will be no people telling you in forex to HODL. But if you're also skilled and experienced in forex, you'll earn the same as you earn in crypto.

Whilst in bitcoin, you're fine and relax to HODL.
There are some altcoins you can hold and also get profit but there are also many shitcoins, if you hold bitcoin for long time, you will gain from it. But the OP is not talking about holding, he is talking about trading, trading and holding are not the same, that which is the best between crypto or forex trading. Spot trading is not like gambling, but high leverage trading can be more of gambling irrespective of the coin you are using. I prefer crypto trading but I have friends that also gain from forex, it depends on the level of knowledge and experience, following the rules and managing risks.


Title: Re: Crypto trading vs Forex trading
Post by: Bitum on June 05, 2021, 12:06:24 PM
From my point of view, there is no comparison, you can never earn as much on the forex market as on the crypto market. That is as black and white. And cryptomarket is definitely much more interesting and profitable. 90% of brokers who offer forex trading are simply scammers. You have direct access to crypromarket and you don't need to be between people like these scammers


Title: Re: Crypto trading vs Forex trading
Post by: isaac_clarke22 on June 05, 2021, 12:55:28 PM
Surely you know that cryptocurrencies have volatile price, right? Forex trading has less volatility.
About the profitability, just choose what works the best for you.
You are just few searches away from your answer. Let me give ya one of my sources.
  • https://www.dailyforex.com/forex-articles/2020/10/crypto-vs-forex/152076


Title: Re: Crypto trading vs Forex trading
Post by: Kong Hey Pakboy on June 05, 2021, 01:05:29 PM
I think you know the answer to that question deep in your heart and this forum is obviously biased for the right reason. Forex needs a lot of money plus it's really hard to predict the prices that only moves in 1 digit so it will be a no brainer that crypto trading is much better than forex trading.


Title: Re: Crypto trading vs Forex trading
Post by: stomachgrowls on June 05, 2021, 01:54:07 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Your choice!

If you dont like volaitlity then stick with Forex trading but if you do like huge price swings then stick with crypto, its your choice!

I'm a forex and stocks trader but do end up on being a crypto trader due to these reasons.

° high movement in price
° decentralized
° anonymous
° 24/7 market

With these qualities where you can really say that crypto trade does have its own advantages.


Title: Re: Crypto trading vs Forex trading
Post by: Mpamaegbu on June 05, 2021, 03:50:20 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Which one is better of the two?

Well, I can tell you for free that crypto trading is better. The reason being because of the volatility as it generates more moves than what we have with Forex Trading. The only pairs that come close to crypto moves in FX are Gold and Dragon (which is GBP/JPY). You will smile if you're on the winning side of either of those trades. However, what should matter to OP most is how to acquire the skill sets for trading. From the way that question is asked, it's obvious that the OP hasn't a full grasp of the rudiments of trading. My advice will be for OP to focus on learning the profession than concentrate first on making money from it.


Title: Re: Crypto trading vs Forex trading
Post by: anti-dot on June 05, 2021, 10:49:28 PM
Profitability depends on how well you know the market. Even in low volatility markets, if a trader is skilled and experienced enough to know opportunities and when to grab them, they usually come out on top and get lots of profits. Both could give you huge opportunities to get a lot of profits, too. At the end of the day it all comes down to preference on which asset are you more comfortable trading with and how versed you are on that certain market.

Profitability depends on how well you know the market, yes, but also on how well you manage your risk exposure or, put differently, are willing to expose yourself to risk in relation to your bank roll. Even an absolute expert could hit the 5% that are against him. If he chooses too big of a position, it might be over.

I believe for quite a while you couldn't do much wrong in the crypto trading business. A lot of fools made money. But those fools would certainly have failed much earlier in forex trading.


Title: Re: Crypto trading vs Forex trading
Post by: Hippocrypto on June 05, 2021, 11:20:07 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?


These days, I would certainly conclude that cryptocurrency currency trading is more profitable than forex. Though there's most fiat traders also trusted their platform, but nobody could beat the capabilities of crypto in terms of profitability. In times of trending market bulls, forex wouldn't have much increase just like how crypto would perform better.


Title: Re: Crypto trading vs Forex trading
Post by: Silberman on June 05, 2021, 11:36:02 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
You seem to be looking for an easy answer and truth to be told things are not so simple, both can be profitable but that is not the problem, can you obtain profits in any of those markets? And unfortunately if you are asking that question then chances are that you cannot obtain profits in any of both of those markets, I will ask you to reconsider your decision to be a trader at least during the next months because if you do not know the answer to such a simple question then it is likely you will lose all your money in any of those markets in a relatively short amount of time.


Title: Re: Crypto trading vs Forex trading
Post by: CaVO32 on June 05, 2021, 11:36:31 PM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.

You're right. His question is very subjective and relies on the trader himself. If you are a new crypto user, I don't think it is smart idea to go into crypto trading with a lot of money. You will lose your funds if you don't know what you are doing in crypto. But if you are already knowledgeable with forex trading, I would say, this will be profitable for you. Crypto trading needs time, experience to learn how these alts are performing in the market. There's no easy way how to learn this market. Better start small when you still new in crypto trading, and learn the ins and outs first.


Title: Re: Crypto trading vs Forex trading
Post by: perryxi2 on June 05, 2021, 11:57:25 PM
I think cryptocurrency trading will generate bigger and faster profits, but they also come with great risks and challenges such as price drop, the impact of external factors, insecurity and lose control...and forex trading will be safer


Title: Re: Crypto trading vs Forex trading
Post by: Shasha80 on June 06, 2021, 01:36:40 AM
I think cryptocurrency trading will generate bigger and faster profits, but they also come with great risks and challenges such as price drop, the impact of external factors, insecurity and lose control...and forex trading will be safer

Actually, both crypto trading and Forex trading have advantages and disadvantages. Depends on which one we are more comfortable with.
because both in my opinion are very worth doing. But because I want bigger and faster profit, for now I'm more focused on crypto trading.
Indeed I admit with very volatile prices are more risky, but as long as we can analyze the market properly, it should be safe to do.


Title: Re: Crypto trading vs Forex trading
Post by: Issa56 on June 06, 2021, 04:15:09 AM
From the little experience am having cryptocurrency and forex are kind of risky which I believe you can easily lose your money there. But from the little experience am having I really believe in Cryptocurrency than forex but forex is more profitable than cryptocurrency and more risky than cryptocurrency. But just do your research and find out the one that work's for you.


Title: Re: Crypto trading vs Forex trading
Post by: sumant on June 06, 2021, 05:25:40 AM
Crypto and forex trading both has their own style. Some people will love Crypto and some forex. Crypto might be not legal arround the world but forex has some legality. Crypto runs 24×7, forex runs only 5 day in week. Forex trading is just like future trading style where your money can be liquidated if your trade is going against you but in crypto it is easier to hold for any period of time. Forex need a good amount to avoid liquidation but in Crypto you can do trade with any amount of money. Forex can be a risky trade with their lot allotment. So for me Crypto trading is much better then forex


Title: Re: Crypto trading vs Forex trading
Post by: Ararbermas on June 06, 2021, 07:34:51 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
actually mate both way when it comes trading is profitable wherein it depends on what assets you wanna trade on it.. Some says crypto trading is the best but if you will trade on forex as well there is no big difference in my personal opinion what i mean is the risk and how profitable its, is the same with crypto, all you need when it comes to it is knowledge and skills..


Title: Re: Crypto trading vs Forex trading
Post by: gabbie2010 on June 06, 2021, 08:03:15 AM
I think crypto trading is more profitable because even with some little experience a hodler can buy some coin and hodl for certain period  while selling at high earn some profit whereas such an opportunity is not possible in forex trading,
Moreso in forex trading a trader must be well informed in term of fundamental news plus TA  which can make or mar the price volatility, whereas in crypto trading if BTC/ USD is in bearish sentiment thus a lot of shorting options will avail itself in other crypto/USD  pairs likewise in a bullish sentiment, all these is not attainable in forex.


Title: Re: Crypto trading vs Forex trading
Post by: bittraffic on June 06, 2021, 08:14:28 AM
I think crypto trading is more profitable because even with some little experience a hodler can buy some coin and hodl for certain period  while selling at high earn some profit whereas such an opportunity is not possible in forex trading,
Moreso in forex trading a trader must be well informed in term of fundamental news plus TA  which can make or mar the price volatility, whereas in crypto trading if BTC/ USD is in bearish sentiment thus a lot of shorting options will avail itself in other crypto/USD  pairs likewise in a bullish sentiment, all these is not attainable in forex.

Holding and still profit through it is the most advantageous way to make money in crypto which is not on Forex market. Today, there is nothing that you couldn't do in crypto that isn't in the forex market. We already have margin trading already and we even have the binary options even before the futures trading in crypto.


Title: Re: Crypto trading vs Forex trading
Post by: Mkmanik on June 06, 2021, 09:08:42 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are highly risky and you can be lost all of your capital here. Without proper knowledge of doing any kind of trade is like a waste of money. But if you have the proper knowledge and you know what you are doing then it's good for you. Most of the traders (90%) lose their money at trade, only 10% can able to do profit. so before doing crypto or forex trading first try to learn technical and fundamental analysis. Risk management is very important for traders. Without proper risk management, you will suffer a lot. I am sharing a youtube channel, from here you can learn a lot of things. thank me later https://www.youtube.com/channel/UCBaU9NXRPjkLGgJy-M7RPCw


Title: Re: Crypto trading vs Forex trading
Post by: boyptc on June 06, 2021, 09:13:49 AM
Forex is more of a gamble as they say but that's just the same in cryptocurrencies for altcoins that you don't know.

But if you're knowledgeable in crypto, you're on the right market and the advantage of it, there will be no people telling you in forex to HODL. But if you're also skilled and experienced in forex, you'll earn the same as you earn in crypto.

Whilst in bitcoin, you're fine and relax to HODL.
There are some altcoins you can hold and also get profit but there are also many shitcoins, if you hold bitcoin for long time, you will gain from it. But the OP is not talking about holding, he is talking about trading, trading and holding are not the same, that which is the best between crypto or forex trading. Spot trading is not like gambling, but high leverage trading can be more of gambling irrespective of the coin you are using. I prefer crypto trading but I have friends that also gain from forex, it depends on the level of knowledge and experience, following the rules and managing risks.
And I've said that if he has the knowledge in crypto trading, he can make money from it as it's an advantage and that's the same in forex.

Hodling is just an option while he's trading. While most of us loves to hold bitcoin, I'm just giving him the idea that everyone who owns bitcoin is doing it for long term.


Title: Re: Crypto trading vs Forex trading
Post by: Strongkored on June 06, 2021, 09:49:08 AM
I think cryptocurrency trading will generate bigger and faster profits, but they also come with great risks and challenges such as price drop, the impact of external factors, insecurity and lose control...and forex trading will be safer
Both have risks, and how much risk depends on the capital used.
In my opinion both are difficult to compare which one is better because it really depends on the ability or knowledge of the trader. It would be better to gain knowledge about trading first after that start it and remember that trading is not only about profit but also losing.


Title: Re: Crypto trading vs Forex trading
Post by: Natsuu on June 06, 2021, 11:34:05 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

Both of them applies the same principle in trading and investments, it is just that Forex is Fiat while crypto is crypto. Though they have this known characteristics where crypto is known to be volatile while forex is somehow not (or just not known) so if you consider this. MAYBE crypto can be more profitable as they are more volatile plus new coins exists every now and then unlike in forex.


Title: Re: Crypto trading vs Forex trading
Post by: Reid on June 06, 2021, 01:36:19 PM
I use to trade with Forex before but I switched to crypto.
Easy, fast, and the volatility just electrifies me.  ;D
Profits, both could be profitable but if there is really a need to choose then I pick Crypto. Again, because of volatility. You just have to know what you are doing and make your prediction accurate with recent news and updates about what's going on.
Ease of trading is what made me stay and then exchanges are easy to access with user-friendly UI's.


Title: Re: Crypto trading vs Forex trading
Post by: Vaskiy on June 06, 2021, 01:49:40 PM
I use to trade with Forex before but I switched to crypto.
Easy, fast, and the volatility just electrifies me.  ;D
Profits, both could be profitable but if there is really a need to choose then I pick Crypto. Again, because of volatility. You just have to know what you are doing and make your prediction accurate with recent news and updates about what's going on.
Ease of trading is what made me stay and then exchanges are easy to access with user-friendly UI's.
As the above mate, one who have used to cryptocurrency trading experiencing forex earlier will never think of going back to forex. With forex trading the risk is minimal, as is the profit. With cryptocurrency trading the risk is high, to that will be the profiting and losses. With forex learning and analysing skill plays a big role whereas with cryptocurrency one can succeed if he's lucky. At the same time, it won't happen daily. The same can upset the trader.


Title: Re: Crypto trading vs Forex trading
Post by: michellee on June 06, 2021, 02:07:39 PM
Because I do crypto trading than forex trading, I can say that crypto trading will be profitable. I do not know about forex trading, so I can not say that doing forex trading can be profitable because that will depend on how you can learn crypto trading and forex trading. Okay, let's say you want to do both crypto and forex trading, you need to learn many things, and I am not sure you can understand between crypto and forex trading because the lesson will be different. It will be up to you which one you want to choose because all of that trading type will have a risk, and you should know that.


Title: Re: Crypto trading vs Forex trading
Post by: SAHASAN on June 06, 2021, 04:06:06 PM
Both are not more different in my eyes profit depend on your trading /analysis skill and your investment.
But I think you should know more about bitcoin why it is born what it is actually, If you know more about btc Sure it will improve your fundamental knowledge about currency , inflation and more economics things in the world.

By the way I am going to share my personal experience about crypto and forex trading.

>>>>I always trade in crypto market during bull run  8) and trading in forex when crypto in bear market.

>>>>That's mean when crypto bull run end and euphoric zone touch then I am always spend more time in forex


Title: Re: Crypto trading vs Forex trading
Post by: The Cryptovator on June 06, 2021, 05:19:18 PM
I will ask you to research more about "what is trading". It's because, if you are well familiar with trading then you can choose yourself which is better. To honest, it fully depends on your experience. For example, I am not well familiar with forex trading, so it's hard for me. Doesn't matter it's profitable or not, because I can't make a profit from here since I am not experienced there. On the other hand, I am well familiar with crypto-currency trading and WI can make money here. So eventually I will support cryptocurrency trading. It's possible to recover your loss in crypto, but for forex, it's not easy to recover.


Title: Re: Crypto trading vs Forex trading
Post by: fullhdpixel on June 06, 2021, 05:29:50 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
I think they are both good as long as you can understand how they work properly. Forex trading has been around for a long time and is well established, therefore it is more of skill based. But, you will notice that a lot of will choose crypto trading over forex trading, and that’s because you can make more profit from trading cryptocurrencies than you will from forex trading.

You can also make huge profit from forex trading, but in cryptocurrency you can make that profit very well and also very fast, because of how fast the market is. So in my opinion, crypto trading is a better option to go with.


Title: Re: Crypto trading vs Forex trading
Post by: iv4n on June 06, 2021, 08:17:05 PM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.

After this comment, we should stop commenting further! You said it all! Anything can be profitable if you know "how to do it"! People are making money in million ways, some more some less, as always!
High volatility is good for day traders! Who finds some patterns can make money every day! Of course, this is one of those things that are easier to be said than done! Where are chances for high profit there is also a risk from losing what you have, one doesn't go without the other!

So what is more profitable?! I guess trying both and learning both will bring you closer to the answer to what is more profitable for you and your set of skills!


Title: Re: Crypto trading vs Forex trading
Post by: crzy on June 06, 2021, 11:07:51 PM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.
We should really not compare this one as both market generates income and losses. The reward of your trading activities will always depend on your strategy, on any market you can create money but the real question is, are you capable to do so? If not, then better to learn more before choosing between this two, your knowledge are more important.


Title: Re: Crypto trading vs Forex trading
Post by: wayaneka on June 07, 2021, 03:34:36 AM
In my opinion crypto trading on the spot market is lower risk than forex trading, because forex trading actually trading with use margin /leverage. I did trading forex for more than 4 year, but its really hard to earn profit consistently. But from crypto trading on spot market, I did make huge profit only for holding by longterm. Traders are more successful in spot markets such as stocks and crypto compared to the margin forex trading.


Title: Re: Crypto trading vs Forex trading
Post by: GreatArkansas on June 07, 2021, 05:47:10 AM
In my opinion crypto trading on the spot market is lower risk than forex trading, because forex trading actually trading with use margin /leverage. I did trading forex for more than 4 year, but its really hard to earn profit consistently. But from crypto trading on spot market, I did make huge profit only for holding by longterm. Traders are more successful in spot markets such as stocks and crypto compared to the margin forex trading.
Yeah, you got a point for having margin or leverage in forex trading. But the one you mentioned doing spot trading for the long term, like you, and hold it for the long term?
You didn't put any stop-loss at all? It really risky too for me even you are doing spot trading without any proper way of trading especially considering the volatility of cryptocurrency.


Title: Re: Crypto trading vs Forex trading
Post by: tygeade on June 07, 2021, 06:02:56 AM
It all depends on what you are good at and what suits you more. You cannot expect a painter to innovate and can't ask an engineer to paint. None of them is better than the other it is all about what suits you.

For me, I have never done Forex trading seriously so I don't know how profitable it is but I have been into crypto trading for years and I can easily tell you that while it's volatile and risky it also gives you massive earning opportunities given that you are wise enough to recognize and make trades properly. If you have a good ability to analyze projects then you should do altcoins trading and if you know nothing about them, the best way to earn is just by holding and selling at a higher price, buy at a dip/correction and repeat.


Title: Re: Crypto trading vs Forex trading
Post by: goinmerry on June 07, 2021, 06:23:47 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

Both are profitable if you know what you are doing.

Choose based on your comfortability and what you think you can manage and handle in the long run.

Where to start? Gaining knowledge. You can spend time first learning one of them then proceed to another one. No need to go technical, just basic information enough. Then while you are studying, you can picture out slowly what suits you.


Title: Re: Crypto trading vs Forex trading
Post by: Fivestar4everMVP on June 07, 2021, 10:16:19 AM
@mk4 said it all, trading is trading, be it forex or crypto, you the poster just have to find out which you love best, personally, I might prefer trading Forex over crypto, but this does not necessarily or generally mean trading Forex is better or more profitable than crypto, different things work differently for different peeps, my like is someone's hate and my hate is someone else's like, thats just how life is, that I havnt made as much money from trading Forex as I've made from trading crypto does not mean it's like this for every one else, someone somewhere is definitely making so much money from Forex trading far more than they make from crypto.
So my conclusion is that asking which is best between Forex and crypto trading is absurd, both works, all you gotta do is find out which is best for you.


Title: Re: Crypto trading vs Forex trading
Post by: perryxi2 on June 07, 2021, 01:41:12 PM
I think cryptocurrency trading will generate bigger and faster profits, but they also come with great risks and challenges such as price drop, the impact of external factors, insecurity and lose control...and forex trading will be safer

Actually, both crypto trading and Forex trading have advantages and disadvantages. Depends on which one we are more comfortable with.
because both in my opinion are very worth doing. But because I want bigger and faster profit, for now I'm more focused on crypto trading.
Indeed I admit with very volatile prices are more risky, but as long as we can analyze the market properly, it should be safe to do.
market analysis is probably unnecessary now .lol because when the market is starting to go into turmoil caused by asshole Elon Musk it is beyond our control as well as analysis methods basic accumulation.


Title: Re: Crypto trading vs Forex trading
Post by: oHnK on June 07, 2021, 02:09:45 PM
In my opinion crypto trading on the spot market is lower risk than forex trading, because forex trading actually trading with use margin /leverage. I did trading forex for more than 4 year, but its really hard to earn profit consistently. But from crypto trading on spot market, I did make huge profit only for holding by longterm. Traders are more successful in spot markets such as stocks and crypto compared to the margin forex trading.
Yeah, you got a point for having margin or leverage in forex trading. But the one you mentioned doing spot trading for the long term, like you, and hold it for the long term?
You didn't put any stop-loss at all? It really risky too for me even you are doing spot trading without any proper way of trading especially considering the volatility of cryptocurrency.

I thought the same.  When a long-term investor, stop loss must still be applied, especially in bearish times like this.  If the stop loss is not done, the current loss may be 50%.  Crypto is indeed a profitable investment for risk takers, but if you are not good at implementing strategies, you are ready to experience big losses.  It looks easy by buying a coin that you like to make a profit, but if you are not careful then what initially promises can be very painful when you lose.


Title: Re: Crypto trading vs Forex trading
Post by: RealMalatesta on June 07, 2021, 03:09:05 PM
Anything can be profitable if you know "how to do it"! People are making money in million ways, some more some less, as always!
High volatility is good for day traders! Who finds some patterns can make money every day! Of course, this is one of those things that are easier to be said than done! Where are chances for high profit there is also a risk from losing what you have, one doesn't go without the other!

So what is more profitable?! I guess trying both and learning both will bring you closer to the answer to what is more profitable for you and your set of skills!
Yeah, but I would say that since Forex exists for much longer than Bitcoin does, there are more chances of earning in crypto trading than in forex trading. Anything that's relatively new to the others has higher chances of earning as compared to a saturated market.

If you have massive capital, I would suggest going with forex because the profits are low but stable once you learn it.

If you have a small capital and able to take risks then crypto is all about it, take risks and they might make you a millionaire overnight or you might lose everything you had.

As most people said, neither of them is right or wrong and everything depends on the kind of capital you have and the risk you are capable of taking.


Title: Re: Crypto trading vs Forex trading
Post by: CryptocurencyKing on June 07, 2021, 05:31:06 PM
These are 2 very distinct market that operates on different platforms. Though to some extent, one incorporates the other and that is forex as, you can trade crypto on forex but it ain't nothing like crypto trading. I'll explain;

Forex incorporates cryptos as a commodity but then, the cryptos on the forex market are not an asset of value just like the regular cryptos we trade on exchanges and save in various wallets avial to us. Its value doesn't increase or decrease but then, the increase or decrease in value of cryptos determines the direction of the market for a forex trader where as, in
Crypto trading, every coin is an asset and its value is subject to change based on market conditions and it stands as an asset of value, owning them.


Title: Re: Crypto trading vs Forex trading
Post by: topbitcoin on June 07, 2021, 06:58:18 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.


Title: Re: Crypto trading vs Forex trading
Post by: Tigerheart3026 on June 07, 2021, 07:21:37 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
profit or loss will depend on your skills in which of those platform (forex trading or crypto trading)
definitely both of risks for trading, but i know something about forex it has to start with large capital one of my friend involved in forex trading.


Title: Re: Crypto trading vs Forex trading
Post by: Yatsan on June 08, 2021, 02:43:23 PM
Both are profitable and it is just up into you whether you will just choose one or have both. It will be hard to distinguish which is which just by depending on other people's experience for it will still be the best to have it be seen by your own eyes to see which can be more profitable than the other one. Trading world is vast and there are many potential coins that we might still do not know so we cannot further just conclude of which is the best since we haven't even try it all out. It is up into your preference if you will get into crypto trading alone and vice versa or you will be having both for more possibilities of gaining profit.


Title: Re: Crypto trading vs Forex trading
Post by: conected on June 08, 2021, 05:49:56 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.
- If you only listen to opinions and some advice from friends, giving up forex too soon is somewhat cowardly and irrational because they have more time in forex than you but maybe they have not been so successful and they have imposed the mindset that forex is not easy. However, they do not succeed will not show that you will move along a similar path, you can still create other milestones, the truth will be clear when you experience a most realistic fight, crypto trading and forex are two ways that can make money and support each other, learn when we have time and opportunity


Title: Re: Crypto trading vs Forex trading
Post by: Lanatsa on June 08, 2021, 06:32:45 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading.
- If you only listen to opinions and some advice from friends, giving up forex too soon is somewhat cowardly and irrational because they have more time in forex than you but maybe they have not been so successful and they have imposed the mindset that forex is not easy. However, they do not succeed will not show that you will move along a similar path, you can still create other milestones, the truth will be clear when you experience a most realistic fight, crypto trading and forex are two ways that can make money and support each other, learn when we have time and opportunity

Precisely! if you focus and take things seriously, the chance is still there for you, it;s not because someone failed then you must follow that
path, you have your own way of learning,

if you are willing to take the risk and you are good in finding the right information about the venue of investment that you'll going to participate, better to build your own path and succeed.
Finding your own path is a must thing because if you do things which is out of your passion or goal would be entirely be different not like if you do engage with things
where interest of yours is really there.You would do sort of things which would really be always concerning with your current dealings.

Each of us does have different level of risk that could give out on a particular thing and this would really vary into each individual.

On the question on which one is better between forex and crypto then it does have its pro's and cons and if you do find out which one would be beneficial
and do look good for you then its up to someones choice.


Title: Re: Crypto trading vs Forex trading
Post by: Slow death on June 08, 2021, 07:40:14 PM
Please advise which one is best.

if we evaluate the issue of high volatility, pump and dump then I would say that forex is the best option because it is less risky, besides technical analysis works better in forex

Which one is more profitable?

Crypto trading, but also Crypto trading can bring big losses

Crypto trading or Forex trading?

as I said, crypto trade has the advantage of being more profitable, but it is more dangerous and technical analysis of cryptocurrencies is more complicated, just look at the charts and you will understand what I am saying. forex rules don't apply much in the cryptocurrency market


Title: Re: Crypto trading vs Forex trading
Post by: GeorgeJohn on June 08, 2021, 08:54:36 PM
It's just like when you are asking about the differences between dollars and pounds, they're both currencies that are used for exchange. The word Forex means Foreign Exchange. It's the most volatile market in world that worth more than 2 trillion dollars. So any market that deal with exchange of financial instruments is Forex.

Learning how to trade forex is just like learning how to trade crypto but with little differences. Crypto is an online currencies which are use for exchanges the same way we use fiat. Once you are good in trading general, i believe you would have little or less to learn about crypto cause they're both currency with different forms.

Trading either crypto or currency are both profitable depending on your area of concentration and your working strategies. I know a lot of forex traders who also trade crypto due to there exposure and techniques in which they use. So the ball is in your court to decide what to trade be it forex or crypto as a newbie.


Title: Re: Crypto trading vs Forex trading
Post by: Silberman on June 08, 2021, 10:14:26 PM
It's like asking "which is more profitable? selling fruits or vegetables?".

Both can work(assuming you actually know how to trade in the first place), which is "better" and "more profitable" will just completely depend on the trader. On which asset characteristics will you be better at trading. High volatility vs low volatility, swing trading vs scalping, etc.

You're right. His question is very subjective and relies on the trader himself. If you are a new crypto user, I don't think it is smart idea to go into crypto trading with a lot of money. You will lose your funds if you don't know what you are doing in crypto. But if you are already knowledgeable with forex trading, I would say, this will be profitable for you. Crypto trading needs time, experience to learn how these alts are performing in the market. There's no easy way how to learn this market. Better start small when you still new in crypto trading, and learn the ins and outs first.
The most difficult aspect that newbie traders and even experimented traders have to deal with is the volatility, the volatility is great when things are going your way, after all you can earn more money in this market in a single year than what you can earn in a whole decade in the stock market, but that is only the good side of the volatility, if you happen to make a trade and you are mistaken then you could experiment a huge move against you and without a stop loss and the use of leverage that could be more than enough to make you lose all your capital in just a few hours or even minutes.


Title: Re: Crypto trading vs Forex trading
Post by: bitcointrader64 on June 08, 2021, 11:35:59 PM
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.


Title: Re: Crypto trading vs Forex trading
Post by: Yamifoud on June 08, 2021, 11:53:21 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable but it will depend on your skills and knowledge since we all follow the general rules in trading, lessen are losses and maximize our profit. If you have the skills in trading, making money is so easy for you. Anyway, I’m not being biased here but I prefer crypto market, there’s a lot of ways to earn money here and not just for trading so better to explore further.
It was just a difference in the currency we used but everything just the same, Buy, Hold, and Sell. We sometimes lose and sometimes gain profit. There is nothing big difference between them and as usual, it needs trading skills and market knowledge before starting, otherwise, failure will just come to us.

Well, it didn't matter which one is more profitable or not, it will matter where we become comfortable and where we can maximize our skills. Many will say crypto trading is profitable but to ask, are they try forex trading? That will be a question needs to answer before we compared them.


Title: Re: Crypto trading vs Forex trading
Post by: taufik123 on June 08, 2021, 11:55:26 PM
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.
but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.


Title: Re: Crypto trading vs Forex trading
Post by: MCobian on June 09, 2021, 01:22:34 AM
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.
but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.

I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto
price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading
promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But
the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto
trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market,
but controlling emotions is also important to be successful in crypto trading.


Title: Re: Crypto trading vs Forex trading
Post by: Erdogan on June 09, 2021, 07:13:10 AM
They both are equally profitable if played sensibly and equally destructive if handled not with care. While many had made fortunes with crypto there are equally number of people who have been ripped off from their entire investment. Whether you choose Forex or crypto make sure you have enough knowledge of it.


Title: Re: Crypto trading vs Forex trading
Post by: Jazzier on June 09, 2021, 03:10:24 PM
Depends on how you like volatility. If you like volatility then go on crypto, otherwise go on forex.


Title: Re: Crypto trading vs Forex trading
Post by: sarmrakib on June 09, 2021, 03:28:16 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
I always go for Crypto .Its high volatile market and huge chance to get return than Forex .I think crypto is the best market for all trader who are expert on trading .Its so easy to get profit here if you know the market behave welly .I have lost many funds on Forex but after starting to trade on crypto i have recovered my all funds .That's why i think crypto is more profitable than Forex .


Title: Re: Crypto trading vs Forex trading
Post by: barbara44 on June 09, 2021, 07:46:00 PM
I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.
There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.

However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.


Title: Re: Crypto trading vs Forex trading
Post by: sr32703 on June 09, 2021, 08:14:44 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
For little amount i think crypto trading is best because all on a sudden you will get back profit with your seed money but if you don't have enough fund for giving support then you can't go with forex trading.


Title: Re: Crypto trading vs Forex trading
Post by: DarkDays on June 09, 2021, 09:06:05 PM
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.
but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.
Yes, while before forex was the way to trade and make money now crypto has become the avenue to increase the speed of making money from trading by several times. This is all thanks to market volatility which can play in either a favour or disadvantage. The fact that now you don't need to wait for months to make profit of some trades makes crypto an extremely sought after option.



Title: Re: Crypto trading vs Forex trading
Post by: Shenzou on June 09, 2021, 10:57:26 PM
I feel like forex trading is way more streamlined which means that poeple have been trading it for many years now, so the strategies and the way to act and make decisions based on indicators and news are all in place and you can acces it  and start making profit by just folllwing some traders, but the cryptocurrency is a bit tricky and hard to predict and i feel that is due to the decentralization because there is not way to control it but also the crypto market yields far more profit that the forex, it is high risk high reward.


Title: Re: Crypto trading vs Forex trading
Post by: taufik123 on June 09, 2021, 11:22:11 PM
forex was the way to trade and make money now crypto has become the avenue to increase the speed of making money from trading by several times. This is all thanks to market volatility which can play in either a favour or disadvantage. The fact that now you don't need to wait for months to make profit of some trades makes crypto an extremely sought after option.
Profits will be obtained faster and more than trading in forex, but it should also be noted that the risk of trading in crypto is also very large to lose the value of the purchased crypto assets. Therefore it is necessary to do good management. Crypto is very fast to make a profit but also very fast to make a loss. Basic knowledge of technical analysis is needed in order to make predictions well.


Title: Re: Crypto trading vs Forex trading
Post by: Rruchi man on June 10, 2021, 01:58:52 AM
They are both profitable, but what is important is finding out which one is more profitable to you because there is no assurance that you will make as much money or even make any money at all like a certain Mr Z who is a friend to you and is making money from forex and even goes as far as to show you his earnings. Just as there is no assurance in making profit from crypto trading as well. What is important is finding out which of them will work well for you and sticking to it first.

There is really no need trying to jump around at the initial stage of your decision making and learning, when the motive you have for them both is to make profit.


Title: Re: Crypto trading vs Forex trading
Post by: Alisha-k on June 10, 2021, 03:01:41 AM
Both cryto and forex share the same market analysis either the both can be analyzed fundamentally and techically. What you should be more concerned about is acquring the skill first. When you have mastered the concept you would then answer this question your self following your experience from the general market behavior.


Title: Re: Crypto trading vs Forex trading
Post by: bitzizzix on June 10, 2021, 03:23:54 AM
It all depends on habits, mastery and expertise in their respective fields and both will be said to be better with their respective habits and also mutually beneficial depending on how we use them, especially freedom, security and comfort.
Another difference that I find more comfortable with is that bitcoin was developed with the idealism that good currency is not controlled by governments and central banks, governments that people believe are governed by different intentions usually only work for personal gain, so. Financial decisions are always on the side of the strong.

and In essence, the way bitcoin works will not provide an opportunity for governments and central banks to interfere in regulation and freedom to use it.


Title: Re: Crypto trading vs Forex trading
Post by: fearfulcalm on June 10, 2021, 03:24:55 AM
i think both are like the same, if you want to profity, you must play in whatever have more volability as day trader


Title: Re: Crypto trading vs Forex trading
Post by: shushu9977 on June 10, 2021, 05:43:04 AM
Crypto trading and Forex trading are good for learner or expert, because they are always research and more knowledge to want how to get their profit. From that way, they earn money. On the other hand, Crypto trading or Forex trading both are risky if you are not earn much knowledge about it. Both are good investment if anyone will get more proper knowledge and keep researching.


Title: Re: Crypto trading vs Forex trading
Post by: BIN-BIN on June 10, 2021, 01:54:16 PM
Both forex trading and crypto trading are just the same coins with different phases, both cryptocurrency, and forex trading deal with digital commodities so they have a similar trading experience is left for you to choose the one that suits your personality.


Title: Re: Crypto trading vs Forex trading
Post by: coiner-88 on June 10, 2021, 03:45:41 PM
It relies upon how master you are, both are dangerous and can be beneficial. Likewise, utilize low influence, the benefit can be low, yet the odds of losing high sum is low while your edge is low. In a similar market type, model crypto market, many exchanging procedures and one individual will just discover one or a couple of techniques the works for individual need.


Title: Re: Crypto trading vs Forex trading
Post by: MCobian on June 11, 2021, 01:46:07 AM
I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.
There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.

However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.

Indeed, one of the advantages of forex trading is that banks are more accepting, because the products used are currencies that have been
recognized by all countries. While crypto trading, not all banks support and accept it, because crypto trading uses currencies that are only
accepted by a few countries. But both are equally profitable if run correctly, but it is wiser to choose only one, to be more focused when trading.


Title: Re: Crypto trading vs Forex trading
Post by: imstillthebest on June 11, 2021, 08:19:55 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
if you ask this question here what do you expect ? many replies will be biased and say that crypto is profitable .
 like me i never tried forex trading yet ,
just crypto but crypto trading can give me profits therfor id say it was profitable but there are bad times too in crypto where you can lose . why wont you try both and see for your self if where you are comfortable at because we are not the same .


Title: Re: Crypto trading vs Forex trading
Post by: somantri on June 11, 2021, 08:45:32 AM
Both crypto trading and forex trading are very risky, they are both ways many people are losing, but the experts are using it to make money, the experts are few while the losers are many. It depends on how expert you are, both are risky and can be profitable. Also, use low leverage, the profit can be low, but the chances of losing high amount is low while your margin is low. You will have to choose one and study about it very well, or you can study the two and later choose one. You may even later like the two is you go patiently.

I hope that I could be an expert in trading


Title: Re: Crypto trading vs Forex trading
Post by: Rajamuda on June 11, 2021, 09:17:30 AM
After the things that must be learned from both, both are the same as trying fate or luck in it. Commitment and self-confidence are needed, ask yourself if you are more prepared for crypto or forex, you are more familiar with crypto or forex, you should prefer things that already have basic knowledge.
My advice is basically don't push yourself too much and don't hesitate to aim, and I think it's more interesting and has more opportunities on crypto, with various coins that can be trade in it.


Title: Re: Crypto trading vs Forex trading
Post by: bitgolden on June 11, 2021, 09:34:35 AM
Which one is more profitable? Crypto trading or Forex trading?
Profitability from your trading is definitely not market dependent but your skills. I have experiences in trading stocks, commodities, forex and cryptos and in my opinion, everything is almost same in terms of risks and reward ratio but bitcoin is somehow different than any other asset due to unique characteristics like halving and limited supply. If you are capable of exploiting those unique things of bitcoin then bitcoin trading will be definitely highly profitable for you than forex or any other trading.

why wont you try both and see for your self if where you are comfortable at because we are not the same .
But, long term holding can be profitable for everyone and that is what exactly I tried to convey to OP. I always strongly suggest all traders to get into long term holding rather than struggling with active trading. Long term holding of bitcoin is simple and effective way of easy profit making method but I am not seeing not all people are preferring it.


Title: Re: Crypto trading vs Forex trading
Post by: imstillthebest on June 11, 2021, 10:27:02 AM
Which one is more profitable? Crypto trading or Forex trading?
..//..

why wont you try both and see for your self if where you are comfortable at because we are not the same .
But, long term holding can be profitable for everyone and that is what exactly I tried to convey to OP. I always strongly suggest all traders to get into long term holding rather than struggling with active trading. Long term holding of bitcoin is simple and effective way of easy profit making method but I am not seeing not all people are preferring it.
well the topic is about trading but no doubt that holding is easier , less hassel and can be more profitable than in trading if we can hodl for a long time but what can we do when some people prefer to trade than in hodling .
 that could be their pasion and they got easily bored in hodling . in crypto we have btc and btc can be good in both trading or hodling but i dont think stocks can be good as that


Title: Re: Crypto trading vs Forex trading
Post by: sr32703 on June 11, 2021, 05:30:02 PM
From my point of view i will go for crypto trading because crypto trading don't loss your all money but in forex trading you will loss you all trading money in one night so without knowing good knowledge don't go for forex trading. And main thinks is that crypto will give much overnight but forex trading not to do it.


Title: Re: Crypto trading vs Forex trading
Post by: Hypnosis00 on June 11, 2021, 09:25:45 PM
Maybe, I'm not the right person to answer this nor this will have value as I never tried forex trading. But I don't want to be biased in here so what I can say is that it is much better to try them both. Many people would say that Crypto trading is profitable, maybe they are because they are more focused on crypto but how about if they spend more time in Forex trading?

This is all about finding our comfort zone. Of course, we can say crypto trading is more profitable because this is the place we stay, even me. But those who live in Forex trading will tell us the same. Mate, it was you who can decide, what we have is just some insights.


Title: Re: Crypto trading vs Forex trading
Post by: martina14 on June 14, 2021, 01:20:24 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

Even how many times that I heard about this Forex trading, sometimes I've been thinking and became curious to why not try Forex trading
to find out the difference between crypto trading and this Forex, though my main source of income so far was came in crypto trading. Just wanna experience of what inside of this platform and if there is something loos, it is only a few amount only.


Title: Re: Crypto trading vs Forex trading
Post by: Xinarae* on June 14, 2021, 03:34:22 AM
If you have good knowledge about trading then both are good it will usually depend on the skill of the individual. I also like crypto trading in crypto trading their value will increase in the future and you will get a great profit forex market stable The crypto market is not stable and cryptocurrency trading involves low fees and potentially higher returns it is very easy to enter and exit the market. Thoroughly analyze both markets before making your decision.


Title: Re: Crypto trading vs Forex trading
Post by: manggis97 on June 14, 2021, 04:46:36 AM
I did both, for crypto trading I try to understanding the cycle of trend of market so that I get best time to enter and quit from the market. And for the crypto trading, I prefer doing long term trading, buy some good coins and hold it for 1 year or more. So my goal from crypto is to make multiple profit for duration 1 or 2 years. And for the forex trading, I did day and swing trading and my goal here is to gain monthly profit about 10%-20%. Both actually has the same level risk, the point is how to manage that risk to be lower.


Title: Re: Crypto trading vs Forex trading
Post by: TheUltraElite on June 14, 2021, 05:45:54 AM
And main thinks is that crypto will give much overnight but forex trading not to do it.
Did it never occur to you that the opposite thing thought will come to the mind of a seasoned forex trader when asked whether they want to go with crypto trading vs forex trading?

Because this is a apples vs oranges comparison. One who has already put years into something will not look for another method if they are well versed in the first one. This is a bitcoin forum and therefore the answer will be biased towards crypto. Ask the same question on a forex trading forum - you will see the difference.

i think both are like the same, if you want to profity, you must play in whatever have more volability as day trader
If you want to find volatility you have many altcoins to choose from. The difference is not there. You have to go with whichever you have prior experience in. If you are newbie go with whichever interests you more or has no known legal problems in your country.


Title: Re: Crypto trading vs Forex trading
Post by: S4VV4S on June 14, 2021, 12:12:03 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.


Title: Re: Crypto trading vs Forex trading
Post by: sedahan13 on June 21, 2021, 04:38:35 AM
The different between crypto spot trading with forex leverage trading is, in crypto we can make multiple profit but not possible to make it for every year but the probability to gain it only every 3-4 year. But in forex trading, we have probability to gain monthly profit about 5% to 30% amonth. For the better we do both, so we have difersification risk.


Title: Re: Crypto trading vs Forex trading
Post by: Ziskinberg on June 21, 2021, 05:58:01 AM
From my point of view i will go for crypto trading because crypto trading don't loss your all money but in forex trading you will loss you all trading money in one night so without knowing good knowledge don't go for forex trading. And main thinks is that crypto will give much overnight but forex trading not to do it.
I'm not sure where you get that point of view.
I'd never find a huge difference between crypto and forex trading because the chances of losing all our money can happen to both of them. If you have knowledge in crypto trading, you can still apply to forex trading. Risk, profitability, losses, it will matter on you, not because we use this one and this one. Particularly, many traders had to defend themselves that crypto trading is profitable or forex trading but the truth is that, there is no right answer.

I might be good in forex trading and you will be good in crypto (and vice-versa). So literally, you will say base on your experience and we don't have the same experience.


Title: Re: Crypto trading vs Forex trading
Post by: Desscount on June 21, 2021, 03:19:47 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.
That's right at least we try to learn about both so we can know the advantages and disadvantages of each,
trading of course there are profits and losses everyone must have felt that way,
so it depends on the individual which one prefers


Title: Re: Crypto trading vs Forex trading
Post by: Ridi on August 28, 2021, 02:41:35 PM
Forex vs crypto:-

Forex involves brokers, middle men and various other institutions that collect fees at almost every step of the trading proces whereas in crypto trading, there’s no middleman and that’s the biggest draws to it. In forex there is a liquidity available and in crypto trading lack of liquidity.


Title: Re: Crypto trading vs Forex trading
Post by: Kittygalore on August 28, 2021, 03:09:11 PM
You asked in a forum that highly favors cryptocurrencies, so I think that there's no point asking this question because it ends up the same which is crypto trading and it's evidently much better because you can grow your capital in crypto trading much faster if you have the skills and knowledge.


Title: Re: Crypto trading vs Forex trading
Post by: Mahanton on August 28, 2021, 03:47:15 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.
That's right at least we try to learn about both so we can know the advantages and disadvantages of each,
trading of course there are profits and losses everyone must have felt that way,
so it depends on the individual which one prefers
There arent much differences if you do ask me because you would basically be needing technical analysis which is really just the same on regarding on reading up candles and those indicators or tools that do give out some sign about specific trend or possible price movement but do remember that it isnt really an assured thing that it will really be giving precise manner. They do mainly differ only with the volatility and this is
where they do mainly too different. Forex is nearly on stable and Crypto is really making some wild swings but of course it would really be having corresponding risk but also giving out some chance for you
to make profits as well if you done it well. So its a personal preference on which one you should gonna choose.


Title: Re: Crypto trading vs Forex trading
Post by: Stalker22 on August 28, 2021, 07:27:39 PM
I think crypto trading would be more lucrative but, at the same time, riskier due to the volatile market, but in the end, it is up to the investors to decide. You can't understand what's going on if you don't try it yourself.
Take bitcoin, for example. At the moment, bitcoin is trading between $49,000 and $50,000, but you could get it for $30,000 back in July, so that is the difference difference between crypto and forex market.

Bitcoin has experienced massive swings in value, and I think that is the reason why people are investing so much into the market now.


Title: Re: Crypto trading vs Forex trading
Post by: ReiMomo on August 28, 2021, 08:22:55 PM
I feel, there is a risk in both as market is volatile. I have tried both but now I am finally into trading crypto currencies. I dont feel investing on Forext / share markets. The main thing I like in crypto is, there is no expiry dates for any crypto currencies. You can peacefully hold the coins as long as you see a good profit. But, I did not find such best options in share marketing.


Title: Re: Crypto trading vs Forex trading
Post by: TelolettOm on August 28, 2021, 10:44:47 PM
Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.


Title: Re: Crypto trading vs Forex trading
Post by: TheGreatPython on August 30, 2021, 05:24:37 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
This question had been asked so many times, and the answer is that both crypto trading and forex trading are the same. If you’re not skilled, you’re not going to make any profit in any of them. So, they both require that you take time and learn it to be good enough to make profit. And the both types of trading carries risk, you can lose money in any of them. They are very similar to each other. The difference between the two of them is forex is regulated while cryptocurrency is not. Though in terms of being profitable, I think that you will be able to make more profit from trading cryptocurrencies because of how volatile it is.


Title: Re: Crypto trading vs Forex trading
Post by: jossiel on August 30, 2021, 09:35:14 PM
Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.


Title: Re: Crypto trading vs Forex trading
Post by: milewilda on August 30, 2021, 10:26:02 PM
Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.
Yes its very risky and there's no market that it is risk free or something easy that you could deal with.It would always be needing that kind of risk taking and skills for you to sustain yourself even lets say that Forex is
not too volatile but since it do move its price with certain scale then you could still possibly lost your capital although in crypto it is much more faster on the sense since its way too volatile.
Crypto trading is where people do really get interested on knowing the chance that you could make out big profits in a short time but people should know about the accompanied risk.
This is something that you can easily engage on without taking some several considerations.


Title: Re: Crypto trading vs Forex trading
Post by: jossiel on August 31, 2021, 12:50:11 PM
Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.
Yes its very risky and there's no market that it is risk free or something easy that you could deal with.It would always be needing that kind of risk taking and skills for you to sustain yourself even lets say that Forex is
not too volatile but since it do move its price with certain scale then you could still possibly lost your capital although in crypto it is much more faster on the sense since its way too volatile.
Crypto trading is where people do really get interested on knowing the chance that you could make out big profits in a short time but people should know about the accompanied risk.
This is something that you can easily engage on without taking some several considerations.
I don't do forex but those simple tips that I've read made me not pursue it.

It can be easy for the others but if it's really where you are good at and confident trading. If you're for the forex, you trade in forex.


Title: Re: Crypto trading vs Forex trading
Post by: South Park on August 31, 2021, 03:20:18 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable the question is can you make profits with any of them? If you can then stick with the one that gives profits and if you cannot then you need to find a way to be able to do it, I would say the main difference is that with forex you will need a lot more money to begin to trade while with cryptocurrencies you can begin to trade with just a few dollars and this mean that it is available to more people and this is a good thing.


Title: Re: Crypto trading vs Forex trading
Post by: Alisha-k on September 01, 2021, 07:04:12 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable the major thing you should consider is how matured you are with high volatile markets like gold and Bitcoin. But in reality the crypto industry has more volatile stocks compared to forex but if you understand your chat you can pull out good funds from either of them because both are actually lucrative


Title: Re: Crypto trading vs Forex trading
Post by: South Park on September 04, 2021, 08:17:07 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable the major thing you should consider is how matured you are with high volatile markets like gold and Bitcoin. But in reality the crypto industry has more volatile stocks compared to forex but if you understand your chat you can pull out good funds from either of them because both are actually lucrative
The volatility in this market is many times higher that is true, but we must also take into account that a lot of those that are trading the forex markets are using leverage to improve their profits so this is not really the issue, people need to understand that the techniques they use to trade the forex markets can be used here as well, so at the end of the day it is going to depend on which asset you prefer and in my case it is obvious I prefer bitcoin as to be able to trade forex I will need a fortune just to open an account.


Title: Re: Crypto trading vs Forex trading
Post by: Hamphser on September 04, 2021, 08:36:25 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Both are profitable the major thing you should consider is how matured you are with high volatile markets like gold and Bitcoin. But in reality the crypto industry has more volatile stocks compared to forex but if you understand your chat you can pull out good funds from either of them because both are actually lucrative
The volatility in this market is many times higher that is true, but we must also take into account that a lot of those that are trading the forex markets are using leverage to improve their profits so this is not really the issue, people need to understand that the techniques they use to trade the forex markets can be used here as well, so at the end of the day it is going to depend on which asset you prefer and in my case it is obvious I prefer bitcoin as to be able to trade forex I will need a fortune just to open an account.
Leverage is suicide no matter whether you do engage with forex or cryptocurrency market.If you do tend to check out on those biggest burned or blown portfolio but its true that when it comes to volatility

level then this is cryptocurrency market is really way too far off and to those old forex trades tend to jump into this market then this is where you do really see the main difference which you can notice.

You can do both if you tend to make trades between markets or you would just choose one depending on your time and resources or capital.


Title: Re: Crypto trading vs Forex trading
Post by: chaser15 on September 05, 2021, 01:13:57 AM
Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.


Title: Re: Crypto trading vs Forex trading
Post by: New.in.trading on September 06, 2021, 07:38:04 AM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
You should really take a step back and find out what you want. Given fix rules around your trading, it does not matter what you trade, EurUsd or BtcUsd (https://de.tradingview.com/symbols/BTCUSD/). You can trade only one currency pair, looking to score 10 pips a day. If you can do that like 80% of the time, you could then raise the risk and reward of these 10 pips to a total of 1k per trade, 10k per trade 100k per trade, it doesent matter. You could also learn how Elliot or Wyckoff traded the markets and have 10 trades a day with a RR of 1:10, loos 7 of them, win 3 of them and still raise your risk per trade after some time.

Its all perspective. And passion. If you come for the money only, you will be gone soon. Hard lesson I learned and paid a lot to learn this.


Title: Re: Crypto trading vs Forex trading
Post by: Om.monata on September 06, 2021, 04:07:48 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Forex or crypto trading has the same profit as long as we can know how to do good analysis and good management, and are supported by good skills.  So I think it's a personal choice.  I myself prefer crypto as a new thing because I feel bored with forex.


Title: Re: Crypto trading vs Forex trading
Post by: xSkylarx on September 06, 2021, 04:12:19 PM
Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.

They're mostly the same, there's risk, you'll need knowledge, you'll need to read or learn technical analysis or fundamentals, and you'll need to be profitable at the same time. I've tried forex and haven't tried crypto trading, but I believe they're mostly the same; if you're into fundamentals, you'll be watching news of those currencies or coins, and if you're into technical analysis, you'll be learning the same indicators. Strategy is also important, and I believe they are based on the same principles, but the gut instinct and feeling about where the price will go can be predicted by experience.


Title: Re: Crypto trading vs Forex trading
Post by: checkmatesir on September 06, 2021, 05:28:43 PM
Let's talking about the forex trading that it can offer the users more liquidity and here we can not say anything about profit that which trading can give you much profit as compared to other trading sites or tools. But i wanna say one thing that whenever you are trying to make a decision forex trading can be helpful for trading as compared to crypto.


Title: Re: Crypto trading vs Forex trading
Post by: Fredomago on September 06, 2021, 06:02:08 PM
Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.

They're mostly the same, there's risk, you'll need knowledge, you'll need to read or learn technical analysis or fundamentals, and you'll need to be profitable at the same time. I've tried forex and haven't tried crypto trading, but I believe they're mostly the same; if you're into fundamentals, you'll be watching news of those currencies or coins, and if you're into technical analysis, you'll be learning the same indicators. Strategy is also important, and I believe they are based on the same principles, but the gut instinct and feeling about where the price will go can be predicted by experience.

I see both points and its valid. You can be profitable on both sides if you know how to deal with your knowledge. There are many available references thru online but everything will end up with how will you apply this information to favor your investment.

It's always best to choose where your passion drives you, with your interest to explore further. The knowledge that you may gain is better to enforce your investment.

Just the same, it's you who will drive to your success. Both have separate risk and both have the capabilities to deliver good compensations it's all on your will to find what's suits to your attitude towards this trading business.


Title: Re: Crypto trading vs Forex trading
Post by: ReiMomo on September 06, 2021, 06:04:53 PM
I personally like crypto trading. I have tried both but the best i would choose is crypto. Opened an account in fiat exchange and tried it for few months. But I did not find more benefits out of it. But the same time and amount was spent on crypto. I could make a good profit and yes I am really comfortable in it. Can hold back the coins. More over I personally attached to crypto as it really helped me when i was in crucial situation.


Title: Re: Crypto trading vs Forex trading
Post by: New.in.trading on September 07, 2021, 02:09:59 PM
Suming it all up, you can loose 1k in one pip of EurUsd or you can loose 1k in one pip of btcusd (https://de.tradingview.com/symbols/BTCUSD/) :D


Title: Re: Crypto trading vs Forex trading
Post by: MIner1448 on September 07, 2021, 03:40:07 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
I want to jump Forex trading and cryptocurrency trading are test-related, if you know how to trade Forex, you can also trade with cryptocurrency. But regarding the best advice, my opinion is definitely cryptocurrency. After all, cryptocurrency is quite volatile and a lot of new projects are launched, in which you can get a decent profit.


Title: Re: Crypto trading vs Forex trading
Post by: Sweetbtc on September 07, 2021, 03:49:56 PM
Crypto trading is always a best choice according to my opinion because it is just simple and a beginner can also get attracted to it by seeing its easy and many other crypto facilities but the more you invest then only you can get more, So i want to say that crypto trading is good at all. And forex trading may be but a little.


Title: Re: Crypto trading vs Forex trading
Post by: Jazzi Mahesh on September 07, 2021, 06:27:01 PM
Forex Trading is always my first choice, but I would also like to give the crypto a try to some day.


Title: Re: Crypto trading vs Forex trading
Post by: justdimin on September 07, 2021, 06:32:07 PM
You should really take a step back and find out what you want. Given fix rules around your trading, it does not matter what you trade, EurUsd or BtcUsd (https://de.tradingview.com/symbols/BTCUSD/). You can trade only one currency pair, looking to score 10 pips a day. If you can do that like 80% of the time, you could then raise the risk and reward of these 10 pips to a total of 1k per trade, 10k per trade 100k per trade, it doesent matter. You could also learn how Elliot or Wyckoff traded the markets and have 10 trades a day with a RR of 1:10, loos 7 of them, win 3 of them and still raise your risk per trade after some time.

Its all perspective. And passion. If you come for the money only, you will be gone soon. Hard lesson I learned and paid a lot to learn this.
People do come for only the money, you do not do Forex for a hobby, you do it because you need to make a profit and that's why people are interested in it. I am not saying that there is nothing you can enjoy in there neither, of course you can enjoy it while doing it, but just because you enjoy it doesn't change the fact that only reason why people trade in crypto or do forex is the fact that they want to make as much money as possible.

Crypto is still by far better because not only it provides so much profit to people even if they fail to make a profit for now but wait long term to get it back, but also it is a volatile thing that could make a lot of profit with ease considering the changes in price.


Title: Re: Crypto trading vs Forex trading
Post by: Cryptoababe on September 07, 2021, 10:44:23 PM
Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

For me, Crypto trading is more profitable, because you can easily understand the chart and not even look for any signal around. So far you know what kind of market cap a Particular cryptocurrency deserves..
Also, there are a lot of currencies to trade in crypto trading.


Title: Re: Crypto trading vs Forex trading
Post by: Kelvinid on September 07, 2021, 10:56:57 PM
I personally like crypto trading. I have tried both but the best i would choose is crypto. Opened an account in fiat exchange and tried it for few months. But I did not find more benefits out of it. But the same time and amount was spent on crypto. I could make a good profit and yes I am really comfortable in it. Can hold back the coins. More over I personally attached to crypto as it really helped me when i was in crucial situation.
It was because you don't understand how Forex trading is done. You don't have an interest in forex as you are in crypto, that of course, it affect our minds, and just like you, Crypto trading is also my preferred. But for sure, they are having similarities, Buy Low and Sell High still as its common used by all traders. But since we are already familiar with the crypto market and also its behavior, it was easy for us to make an analysis and make a trade.


Title: Re: Crypto trading vs Forex trading
Post by: boyptc on September 07, 2021, 10:58:10 PM
Forex Trading is always my first choice, but I would also like to give the crypto a try to some day.
For forex trading experts, you should enjoy yourselves if you're too effective in that market but no one stops you guys to also study and learn the crypto market.

You're adaptable and easy to understand as what you do is riskier and you're more depth with the market and has enough background already.


Title: Re: Crypto trading vs Forex trading
Post by: South Park on September 09, 2021, 05:28:52 PM
Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.
To turn your experience into profits there is nothing else to do but to study the markets, a lot of newbies come to this market with preconceived ideas about the profits they are going to make and they think that it is going to be incredibly easy to do so, and this is not true, the few traders out there that can obtain profits are the ones that take the time to read every single strategy available and then they test it and see if it is better than what they are currently doing.


Title: Re: Crypto trading vs Forex trading
Post by: elisabetheva on September 20, 2021, 09:25:16 AM
Crypto trading is always a best choice according to my opinion because it is just simple and a beginner can also get attracted to it by seeing its easy and many other crypto facilities but the more you invest then only you can get more, So i want to say that crypto trading is good at all. And forex trading may be but a little.
I see that the only factor is feeling familiar with crypto compared to forex trading, actually when it comes to trading, the two ways of working are not much different and almost the same. once again a person's habituation factor will determine what steps will be taken.

Crypto is indeed starting to be known and loved because it can do many things compared to foreign exchange which was already known earlier. but once again the habitual factor clearly affects, although it must be admitted that crypto is still a lot of alternatives that can be done than forex, and that alternative creates more opportunities to do things that can be profitable not only from trading, that's what crypto is better than forex.


Title: Re: Crypto trading vs Forex trading
Post by: globalpain on September 20, 2021, 10:13:59 AM
Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.
To turn your experience into profits there is nothing else to do but to study the markets, a lot of newbies come to this market with preconceived ideas about the profits they are going to make and they think that it is going to be incredibly easy to do so, and this is not true, the few traders out there that can obtain profits are the ones that take the time to read every single strategy available and then they test it and see if it is better than what they are currently doing.
It is absolutely true and what needs to be understood that making a profit on cryptocurrency trading and forex trading is not something easy,
besides that the risk is also great so that when we make a wrong move we will most likely lose money,
so indeed to make a profit it takes strategy and knowledge is very important


Title: Re: Crypto trading vs Forex trading
Post by: Luzin on September 20, 2021, 12:03:12 PM
It was because you don't understand how Forex trading is done. You don't have an interest in forex as you are in crypto, that of course, it affect our minds, and just like you, Crypto trading is also my preferred. But for sure, they are having similarities, Buy Low and Sell High still as its common used by all traders. But since we are already familiar with the crypto market and also its behavior, it was easy for us to make an analysis and make a trade.

It's been a long time since I've heard of forex, but I haven't studied in detail how it works. But I once tried to use the Meta Trader application with a demo account. I'm too confused about what's in the app. In addition, the management of funds that have to go through a broker, makes me even more unsure of the funds that I will use later are safe or not. That's why I chose crypto because my funds are managed by me. Withdrawals also don't need to wait for approval from the broker, indeed crypto is almost the same as having to go to an exchange but the funds are in our hands. That's all I know about forex. Please correct if I wrong