Bitcoin Forum

I made post here when i ask how to trade cryptocurrency many people answer me well. I don’t knw if there is how i will link that post to this new one.
I just understand that cryptocurrency trading is very well safe compare to forex trading. In cryptocurrency when bitcoin is high like this time, everyone will fine in the market. But greedy trader will not be fine. Everyone will be fine because if you loose don’t sell on loss just wait and the market will come back. i read about fundamental and technical analysis but I use different one which I dnt knw the name.
I use binance and in binance i watch the market and i will see hot/gainers/loosers/24hr vol. I will check the coins that are hot and i will check them in loosers and buy them and wait for 24hrs they will go back to gain and i sell. But in forex if the market is against you, its against you. What is the name of my style, is it fundamental or analization.

I mean, mate, we're literally in a bull market; almost anyone's going to make money in a bull market as long as he/she isn't tremendously bad. Bull markets are times when almost everyone thinks they're some trading/investing genius. Wait til we get into bearish territory, then re-evaluate if you're actually good.

Interestingly they will make more money if they don't trade at all by just HODLing itself when they are in bull market. ;)

@OP no matter what kind of trading it always comes with the risk so there is no safe asset to trade at all and if there is any asset which keeps increasing then its not a trading asset.

I doubt that people would call crypto trading a bad thing in a forum called "bitcointalk", if there is a "forextalk" then go ahead and check that out and ask the same question and they will tell you that forex is more safe and crypto is bad. This question has answers based on who you are asking and not based on data.

If you are a good trader in crypto you will be great in crypto, if you are a bad trader in crypto then you will lose money, if you are great at forex you will profit there, bad at forex means lose there. All in all it depends on you and how you can do it, there is really nothing that makes everyone be the same and suddenly this is better or that is better collectively.

We can't really generalize this aspect because every trader has their own strengths and weaknesses. I do agree that if you ask those forex guys, they will have the opposite opinion. For them, it is safe to do forex trading rather than crypto trading especially if they haven't done any crypto trading yet. But if you are a long time crypto user and haven't been in forex trading, you will be more comfortable to trade in crypto. But it doesn't mean, you are guaranteed safe because it depends on the coins that you are going to trade with. So in this case, this depends on the person, the capability, his knowledge and skills towards these 2 types of trading.

Many traders mistake for skill the fact the market has been moving positively for some time already and they have obtained profits when this could not be further from the truth, almost anyone that has invested since March of 2020 is experimenting profits or at least breaking even, the only ones that are losing money are the ones that panicked and sold when bitcoin experimented a correction and those that bought at the ATH, and when that is the case it is impossible to determine by our profits alone if we are good traders or not.

People wont  know until they had faced up the reality of this market on how fast it do shifts when it comes to trend from bullish to bearish on almost an instant or few minutes or hours which they would definitely say that it is way more riskier that forex/stocks.

I have experience on dealing with forex which I could say that price movement isn't really that harsh but doesn't mean that its easy.There are still people who burnt out their accounts because of that one.How much more in crypto?

I don't really consider the word "safe" on any investment specially on trading field.

It's very risky man. If you look at LRC right now that did 10x rise in two weeks and doesn't seem to stop, then I would say that you have to be very, very, very lucky to find that kind of coin. Always remember that every hot gainer coin becomes hot loser but not every hot loser coin becomes hot gainer.

And as mk4 said, in bull run almost everyone is the winner until the FOMO effect. There is a moment when FOMO starts, it usually happens when the price has tremendous risen and that's the moment when the most unexperienced traders or newbies enter the market with all of their capital, the smarter ones sell all of their coins to these newbies, these newbies buy and then when small fall happens, these newbies panic sell because they saw 4-5% loss in their capital, then the market crashes.

Ok, I think this time it is already flipped, which before I always hear and believe that trading cryptocurrency is riskier because of volatility of cryptocurrency, and cryptocurrency is known as the most volatile asset in the world.

Second, I think this time will differ on how you approach and handle cryptocurrency trading compare to forex trading. I can't tell because I haven't tried to trade Forex. But I know some people who started from Forex and started to trade cryptocurrency which they really admit the risk is high in cryptocurrency.

I'd say it's the opposite, forex trading is safer as cryptos are too volatile. Crypto's can easily go up and down 5%-10% a DAY and wipe out many traders whereas 1% for forex majors is a big move.
It's just now there's too much crypto hype but when the dust finally settles we'll see the true amount of crypto losers. I bet it'll be over 80%.

What is certain is that forex and crypto trading have their own parameters in conducting transactions, crypto trading has no terms, you buy cheap prices sell high prices, it's a different story with forex he has terms in trading exchange rates and foreign exchange.

Crypto and foreign exchange trading security is clear as you said crypto does not have a third party or controller, while forex can still be controlled by: entities, individuals, countries and internationally based on economic growth, of course in trading and also when making transactions, indicators in terms of security are better crypto than forex.

They each have their own pros and cons though. Crypto has volatility which is both imo, if you can take advantage of it you can pretty much profit big in just one single trade, but the opposite could also be the same. I guess Forex is just more stable when compared to crypto, though said stability is probably also one of the factors that make it difficult to actually do it. Not to mention that just comparing the possible profits one could gain (and lose) on both sides, crypto would naturally stand out. Especially since bull markets in crypto happen, which makes it easy to profit.

I think the two assets have equally large risks, all of which have their own pluses and minuses. However, there are people who think that forex trading is safer than bitcoin or other cryptocurrencies because there is control from the central bank of each country. But that's just an opinion that is not yet clear, so that doesn't mean forex is safer than crypto or vice versa.If you choose to trade crypto, I recommend. If a beginner wants to buy crypto currency, I think there are types other than Bitcoin that have a valuation basis, so they are much safer than Bitcoin.

Exactly, in a bull market where everything goes up the chances of actually buying something that is losing value are pretty slim unless you go and buy shitcoisn that had been just pumped already 100x times in a flash.
A fair comparison would be when the market is at a standpoint like it was last year, nobody was then bragging how good it was, how trading could replace any job how millions could make living out of it. If a serious drop happens out of a blue in the next weeks a lot of poeple will be again caught by surprise and end up losing everything they've gained over the year. Overconfidence is really really bad when doing this.


squid token... ::)

well you're new and you need more experience how crypto market really works, because you know its not necessary to hold all the time when you made mistakes because some crypto really going very dip, even you see binance or what ever exchanges its that listing some sort coin that has potential it still skeptical in my personal opinion. wherein you need specific information what will be the real direction of the growth rate.. Follow news and etc that can help you to determine the growth rate to assure everything will gonna be alright even you hold there's no worries in it..   
And fyi  to crypto market is more risky mate it's base on my experienced to be honest..

I'll tell you, because I've tried Forex. And many I know who did also moved to crypto.

It's way, way riskier in crypto. The exchanges are more dangerous, the volatility is higher, and even the fees/commissions are bigger (so you need to have bigger bankroll or volume to justify trading costs).

And if you're into defi then even more risk of rugpulls.

Yup definitely true. The misconception is literally seed for the worst trading enigma one can get! I mean the point at which you buy and you sell matters a lot. Someone could just be under impression that they made good trade by entering and applying some X strategies. However, they have not seen worst trades ever. The long waits, the stuck investments and the negative portfolio. That bloodbath must be experienced by true investor, and on top of that they must be able to recover their investment to show that they can work on different TA, and Fundamentals as well.

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Well as far as forex is considered that market and crypto are literally not matching pairs. One is the most volatile the other one is lethargic and could be turtle speed really. Both of them has their own factual analysis based on real world vs virtual world usage.

Yes you can do that by copying the thread link and pasting here on your thread post so interested readers can easily click on it to see what you are explaining. But meanwhile the bull market can get any body in profit if they enter the trend. You can speak more when the season is over.



I think the difference between cryptocurrency and forex is if you are hodling the coin and waiting for when to sell but as to trading, I believe they are same because you can lose the portion that you are trading to the market but if you are hodling, you don't lose everything you have only the value can reduce.

It's pretty much 2017 all over again; just in a smaller scale as of now. New peeps going in thinking that they're so smart because 90% of their picks go up. Admittedly, I also thought I was some investing prodigy as well back in 2017 lol. But yea, people should just learn from what happened in the past, rather than making the exact same mistakes the 2017 peeps had.

Crypto trading may be safer than forex trading, but it also carries a very high risk.  If you are not careful, you will also experience big losses.  indeed, from a profit perspective, it is very profitable, but if you look at the risk, it will be very risky if you don't have a foundation of knowledge about crypto.  many people become rich from crypto, but many also become poor because of crypto.

Yes, forex trading is very risky. Forex trading is determined by time, the decision when we open a trade means we are ready to lose if the analysis we do is wrong. I agree that investing in cryptocurrencies is safer, because we can survive if our analysis is wrong. we can also minimize such risk with crypto.

This bull season will not last forever, market always take correction after such a massive bull run and that bear market may end for months. Even in bull market you need to play smart in order to make profit.
Coming to OP question, if you compare forex and crypto trading then I would say forex is old and matured trading compared to crypto. Crypto is still in its early days and fundamentals for this trading are still in process of finalization. 

Seriously i believe forex is very risky compare to cryptocurrency trading but lots of people are still into forex trading because they understand it and they are making their money their but to me cryptocurrency is far better than forex and the risk is low compare to forex. In Cryptocurrency after buying a coin(make sure you are buying a good and reliable coin) if the price drop if you leave it in your wallet with time it will recover and you might even sell at profit but forex is not like that.

This is one of the worst way of trading. Both forex and crypto currency trading has risks. In fact, the crypto market is more volatile, hence making it more risky than the other.
You check "hot gainers/losers in 24 hours volume and invest in coins that has lost a lot? Don't do that. You will end up investing in coins that were trending due to a pump and got dumped. There is no certainty that the price will go back up again in next 24 hours. You trading in all the wrong way. Reevaluate your strategy!

No, cryptocurrency trading is not much safe than forex trading. They’re both risky, but cryptocurrency trading has more risk than forex trading because the cryptocurrency market is more volatile than the forex market. In cryptocurrency the market can go down to as low as even 90% when you least expect it and that can make you to lose  most, if not all your investment in the cryptocurrency market.

So, you can see that there is a huge risk in trading cryptocurrency. with that said everyone have their own preference or what they would like to trade, if forex trading is not working for you then cryptocurrency market would likely work for you and that’s how it is for a lot of people. Being volatile also makes cryptocurrency market the best when it comes to the one that would give you much profit. You wouldn’t get as much profit as you’re doing in cryptocurrency when you are trading forex.

Forex could be very very volatile if you do high leverage as well, but usually it is not. Whereas crypto is a lot more volatile even without leverage, with leverage it becomes surreal. I believe that if you are not suffering from loss at some point in your life then you are not either telling the truth or haven't traded for a long time. I agree that every single trader ends up making some sort of losses at one point in their career and that is something that I could be fine with, it makes sense for them to make that kind of loss.

However if you are just ignoring all the stop signs and going right ahead, on your first trades you could be making a profit and imagine that will continue forever and even get a loan from a bank, we have seen that type of people before and I believe that it will happen again, that almost always ends up with people losing a ton of money.

I agree with you mate, I've traded both Forex and crypto, and I can attest to the fact that crypto trading is much more easier than Forex trading, winning trades in crypto is much easier than it is with forex, though different types of market in crypto like spot, features, margin etc, when we compare this different crypto markets with the counterpart on Forex, we still discover that crypto brings easier than than forex, for example as you said, in the crypto spot market, one have an option to hold and sell later if the coin bought is going at a loss, but in forex, no such option, ones you are on loss, you are on loss, no two ways about it.... But then, getting into Forex is much more easier as it requires far more smaller capital than required in crypto.

I think there is no safe in trading both forex and crypto because trading always comes with risk that trader should know and handle. Also it depends your trading ability, strategy, plan and patience. If you are more knowledgeable in trading crypto then do trade on it but if you think you are more knowledgeable in forex trading then go for it. Like me, I tried forex trading before and often lose so I stop and try in crypto. All is depends on you.

In which respect are they different in risks? Both are speculative assets and both carry similar risks.

All traders are greedy, you understand what I mean? Because if they were not greedy they would not be trading in the first place. Also a bull market means people are going to sell to profit, not buy to lose if they are diligent enough. Being fine and being profitable is not the same. Someone can have a stable portfolio and not sell at this time too. It all depends on what you mean by "fine"

If you dont sell at the bull, you will lose an opportunity and then when the market hits bear you will be stuck again. Not being able to recycle the money is a bad thing too.

Ask any veteran forex trader and you will get a proper answer to this. This forum is a bitcoin forum you will only get a biased answer here. I myself think that any speculative market can be profitable, it just depends on how you trade.

If it was true that forex was less profitable, then no one would be trading on it. But that is not the case is it?

Seriously, wut? ::)

I agree that cryptocurrency trading is lot easier compared to any other trading due to its fundamentals. At the same time you need to be careful like when bitcoin market is going up, not all other coins necessarily to do so. You must need to check each coins' fundamental so that you can be sure about what you are doing.

Because, there were time I have experienced like bitcoin market was going up but most of the altcoins' market were going down. So, there cannot be same kind of market situations for all the times.

Unlike no other markets, bitcoin is getting you a great profitable opportunity to trade it in long term basis so that you could make massive profit in slow and steady manner. This must be a kind of unique opportunity you can find only with bitcoin market due to its fundamental deflationary characteristics.

Forex trading is very different from crypto trading, so please don't compare them both.

- Forex trading works on leverage only and you will not do it with 1:1 leverage because you won't get any good returns, while crypto can be bought at spot and if tables turn, the coin can go down 99% too making you lose and may never recover

- Forex works for 5 days only while crypto is available 24/7

- Forex works with real currency pairs and the moves are 'not noteworthy' if seen at transactional values while crypto moves can shake any side's liquidity any moment

In the case of cryptocurrency trading you have to follow the general rules but in the case of forex trading you have to master the signal completely. You can recover losses in the case of general trading but in the case of Forex trading you are  Can't recover loss. So forex trading is more risky than normal trading. 

What are the rules of trading cryptocurrency then ? On the other side I don't think there are rules that I know of on the way to trade cryptocurrency that you don't have in trading forex. Forex is either regulated so it has better organisation that you can monitor on supply of currency from each country, tax rates, employment rate or unemployment rate and more, these affect currency trading but for cryptocurrency except there are adoption news , fud . So what rules are you referring to?

If you want to compared crypto currency with Forex trading to know if they are the same then you have to compare future trading via crypto and Forex only then you will come to realize that they are the same. But if you are trying to compare the two from the angle of spots or holding Bitcoin and Forex then I will say the is a difference.

Forex or fiat currencies,indices,stocks isnt something that really good nor appealing when it comes to long term hodling unless if you are really that mindful about lesser risk then forex is the key
yet they are less volatile than with crypto which is really the known difference between the two.

In terms of security then you can somewhat seen this on forex/stocks market which is totally opposite on crypto but in terms of profitability level or aspect then
no doubt or hands down with crypto.

This is the main reason on why some people had jumped into this market for that very common reason.

BOTH...you have chosen crypto trading for you think that it was safe but apparently not 100% (as it still depends on you). And you choose crypto trading over forex because you think it is comfortable and you can maximize your knowledge and skill. of course, we choose the place where we think is the right place and have a bigger opportunity.

Forex and Crypto can be different in name but in strategies, they can be the same. We can never assess each other if we don't have experience but as I've said, choose the platform that you feel very comfortable with, not just because people are recommending this.

I do not know where people get the idea this market is safer than the forex market, the volatility is many times greater in this market, and while this can mean bigger profits it can mean bigger losses as well, at the end it depends on each individual trader to make this market safer for themselves using tools like a stop loss, only investing what they can afford to lose and avoiding scams and risky markets like the ico and the NFT market, and since most traders do not do that this explains the massive losses we see newbie traders incurring all the time.

I haven't tried trading in forex so personally I didn't know how to tell which one is riskier because in my own perception both have the same level of risk that a trader would going to take. Maybe those who are currently trading in both platform could distinguish properly which one is riskier however in my own experience in trading crypto, a trader need to have its calculated risk because of the volatility of the market you need to know how much you are willing and afford to lose, some trader maybe could handle to earn a high profit from trading and some are not, we have our own different luck and different approach on how to trade in crypto so better to have a calculated risk.

That's right, crypto trading is safer than forex trading. Dicrypto, if we are at the point of loss, we can hold it until the market recovers. This means that there is still a solution if we are wrong in analyzing as long as there is enough patience in waiting for the market to recover. Forex for me if the market goes against the analysis when opening a trade then the end result is a loss. There is no solution to hold back.

As long as I've been in the world of trading for some reason, I've never really been interested in trying Forex because it's not trading for me but like gambling. So for me it is not suitable for someone who already knows the ins and outs of crypto trading and it is impossible to fall in love with trading which is much more risky like trading on Forex.

But if you are into trading then you can trade at any market because technical aspects of active trading is common across all markets which can be Forex or cryptocurrencies or bullion markets. Forex trading might seem like gambling for you but when you are approaching the market trading without the help of technical analysis then only a trading will become like a pure gambling (the basic difference between gambling and trading is technical approach).

In my opinion cryptocurrency is 100 times safer compared to any other trading but you need to trade only high volume and known coins because getting into some random shitcoins and then looking for its price to increase may not help even you are trading in cryptocurrency markets.

Yes, of course cryptocurrency trading is much more than set forex trading.  You can trade by investing in two currency tokens. Cryptocurrency is much better than Forex tokens and this is a very popular kirtan. Everyone invests in currencies and trades here, but you can trade Forex. It is much better, but you have to read the risk  You can't build anywhere without risk. You have to work with risk, but you have to work with understanding

When there is a big trend, traders are competing to make as much profit as possible because that is the right time,
after all time is money if we don't use it well we will lose momentum,
yes crypto is very high volatility compared to others, therefore the risk is very big

Both forex and crypto trading aren’t safe whether if it’s bear, bull or kangaroo run. You will never be safe with either of them as they are unpredictable on when the prices go up or down without warning. Buy and HODL coins and tokens are probably much less riskier than day trading. Just saying man.

You said it right, I also think I know a lot during the bull market in 2017 but came the bear market, I lose decent money in trading because it's very difficult to trade when the market is bearish but you are still thinking it will bounce back. That bear market is maybe just around the corner, so let's enjoy trading now as everytime it drop, it will easily bounce back and that means easy money.

I don't think crypto trading can be considered safer than forex trending for a couple of reasons.

First, the volatile nature of the markets means that one wrong move can lead to chaos.

Second, forex trading can be advantageous during a bear market. So to me it feels like the two are a pick and choose option, and can even work together to unlock the most opportunity across all trading fields.

No, it won't and that is because of the volatile nature of the market. Perhaps, I don't compare the two when taking risks as they are both risky and could make you lose if you are not careful and not good in your decision.

We can apply TA, chart analysis and etc...as they are all just the same. In fact, we can make use of the same strategy.

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We can hear different opinions and suggestions which is safer and I understand that they use their experience as the basis of this. But if you are in real life, forex is the safer one. It was just because we are familiar with the market trend and take this an advantage that is why we choose crypto trading over forex.

Kangaroo run? I never heard about anything about this. I guess I must go for googling about it.

I agree that all types of markets are not safer for the traders who are not good in technical analysis.
Because only with the help of technical analysis we can remain safer in any market and when you are not having enough experiences and knowledge in technical analysis then you will find all markets are not safer for you.

The good with crypto trading is if you have potential coins and do not sell when the bear market comes, that coins will have more chances to increase high in the next bull market so that means you will make a profit and sometimes, the profit will be bigger than before. I do not know much about forex trading so I can not tell if forex can do what crypto does. But so far, I am good at crypto trading, which makes me stay and still choose crypto trading to make money.

It is not really necessary to have experimented something to be able to draw a conclusion due to the data we can see about it, the market of cryptocurrencies is many times riskier than the stock market, and this is because of the volatility we see here which can be extreme, after all we know the majority of traders lose most of their money in traditional markets, when we add the volatility of this market this increases the difficulty level of trading here making it way more likely the percentage of people that lose their money is even higher than what we see in the stock market.

I agree if you think that forex is more risky than crypto. however, things like this usually catch us off guard. right now you feel that it's safer because you benefit from it. however, we don't know what will happen tomorrow.
remember friends, in the world of trading, everything can change. do not assume that this is safe. the rise and fall of prices is something we cannot predict. so keep on learning. trading is sometimes profitable, but not always safe. still there are risks that need to be faced.

Maybe what he means is crypto trading as far as we play in the spot then our assets will be safe from liquid. Although our funds have decreased because the price drops if we hold it is possible that the price will return to the initial price. But from that we've had a loss of time. If I look at the forex market then if we buy up then if the price goes down then our funds can run out. And this is what makes me prefer Crypto to forex or any other stock market.

This can only be compared if you are talking about future trading in crypto currency for I don't think there is any different between forex and future trading in crypto currency. If you're referring to spot trading or buy and hold in crypto currency to that of forex then I will agree with you that crypto currency trading via that methods is better than forex trading.

Knowing the difference, especially in terms of outcomes, with a type of pairing like a forex once the direction turns against you, your money will automatically liquidate and you can't recover that, the same result when doing gambling, while with normal trades or investment where you can still hold and wait,

your asset still the same even at times the value in fiat will decrease but when the recovery happens, your actual money will be back or it will increase if you experienced good bull market.

To me forex trading is complex to me maybe I didn't  give my time to it, when I was into forex trading some years  ago there was no good result for me I had to quit. I found crytocurrency trading  to be cool and easy for me. I feel doing well in forex trading one have to dedicate good time to understand it well on how it works.

Many customers has achieved a lot of profits from cryptocurrency trading, base on how customers are rushing cryptocurrency trading without fear because they believe on cryptocurrency trading 100% compare to forex trading that full with risk and loss no matter how good you are in the field of trading you will definitely experience losses in forex trading in the market. It hard to lose in cryptocurrency trading if you know all the strategies to buy coins when the price is low and sell coins when the price is high in the market.
Now that forex trading is no longer stable since we came back from pandemic that is giving many investors serious worry about their poor profit making in the market. Forex trading is no longer safe like cryptocurrency trading that many investors still like to invest more on cryptocurrency trading to achieve more in the future.

Forex for me is something intangible at all, I basically never got into it, there is no time for crypt, and then there is forex, but I think the volatility is high in the world of cryptocurrency and no forex can compare with this indicator. And this is one of the most important indicators for a trader.

Mate both are the same process since both forex and crypto move in either upward, downward or range market. None is more risk free than the other. I would even say crypto volatility is even more higher compared to forex and more chances to blow down accounts faster in crypto trading than in forex same is their ROI.

I also traded forex before too, it's more inclined towards fundamentals any Red news FOMC, BOE, ECB news etc will always mar any trading strategy, thus forex traders has to get updated everytime before trading, I wasn't getting good profits rather losses, thereafter ported to crypto trading where I am having a good time trading with some small funds in order to learn every aspect of it, eg spot, margin trading not leverage trading and so far it has been a wonderful experience, though volatility in cryptocurrencies is far higher than forex crypto traders has to trade with caution.

The beauty of having a good looks when dealing with trading, forex is indeed hard you need to follow news about the economy and you need to be precise in anticipating what would be the effects of the news that you read or heard, it's your understanding and knowledge that you need to rely, and with that same concept, crypto is also tough if you are new to it, but by experienced and by doing your trade eventually you will learn how to sort good project that will gives you better benefits.

You can apply your experience and knowledge from any form of trading to this venue. As long as you are willing to adjust, you can always enhance your skills and have it to be your advantage. :) ;)

I only "tried" forex a few times back in the day and this way before I got into crypto (about 2010 I think) so I could say that I never did them together. However even with that in mind I remember that Forex wasn't something that I wanted to do. It is not a long term investment type of deal, you do not really end up getting something in your storage and just lock in there for 10 years and come out rich, it is not like that at all.

It is a traders business and you need to be a damn good trader to make any profit as well (meaningful profit). If you really want to compare the two I would say that there are plenty of people in crypto that trades just like they are in forex as well, so it is not really that different for THOSE people. However for people like me, I have to say it is vastly different, it is not even remotely close for me since I am a long term holder.

I guess is crypto trading different from forex trading (https://bitcointalk.org/index.php?topic=5360462.0) was the thread you so referred to there? To do that, all you've to do is copy the URL of the thread topic and paste that way, that's if you don't want to use HTML or shorten it the way I did.

No, that's not true. Crypto is more risky and volatile than FX. Nothing comes close to crypto volatility in Forex Trading, except you want to consider Gold and Silver pairs which are metal instruments or GBP/JPY pair (called dragon). If you think crypto trading is easy, it's only because we are in a bull rally now. It's always like that because it's easy to profit from almost every crypto one buys. Wait for the bears to set in. That's when we know profitable traders in the industry.

I guess you meant Fundamental or Technical Analysis, for there's no such word as analization in this industry.

I disagree because both of them are all risky you can avoid losing if you have a proper knowledge both forex and crypto trading

That is a big difference between the forex market and the market of cryptocurrencies, in that sense this market is closer to the stock market in which you can buy a stock for a low price and if you made the right pick then you have a chance of making a lot of money in a relatively short amount of time, this is not possible in the forex market and you need to be a trader to make any profits with it, something not easy to do when some of the biggest whales of the world are trading those markets.

Yes, both of them are really risky. In trading crypto, there are the futures that can liquidate you so fast. In forex, I don't know how it goes but it's also a quick market.
That's why it's complex for me but I don't want to know more about it. I'm good as where I am with spot trading and that's why I don't do further riskier trading marketplaces.

I could say it is way more riskier because of the word "volatility" yet you can differentiate between stocks/forex against crypto which you could really able to see on whats the difference among the two.

We know the higher the  risk the higher the reward though and that what makes crypto is really interesting into those movements which is why we did really become this big.

So as a trader then its up to you whether you do jump in into less volatile or go to having those high volatility like crypto just for you to aim on earning bigger profits but of course risk is bigger too.

No, forex markets are more volatile than cryptocurrency market because it is older and it got at least 10x more volume than cryptocurrency market. The influencing factors and news for forex market is in more numbers whereas only few government are releasing any news about cryptocurrency and only speculation and services related news are influencing cryptocurrency market as of now.

Moreover in my opinion, there will be no point of comparing cryptocurrency market with forex market because any market will be easier if we are good in technical analysis and awareness in the nature of volatility and all other things which are common for any market. So, anyone can choose any market according to their basic interest level.

Basically in my understanding all the Forex markets are futures based trading and there is no possibility about spot trading in Forex market because you may not able to get delivered anything into your wallet/account (I got only limited exposure on Forex trading and please correct me if I am wrong).

So, the associated risks in Forex trading is really very big compared to cryptocurrency trading because in cryptocurrency trading you can choose spot market which is known for bullish in long run all the time which must be a very big advantage in cryptocurrency trading that we could enjoy whereas anything like that cannot be found in forex market.

We all know that crypto is high volatile than forex .Forex and Crypto both are the strong platform for trading .The difference mainly that forex is not high volatile without having any impact by news .So that it is better for one side thing that you can apply your strategy welly .On the other for being high volatility it is popular to the most of the trader cause you can get your profit quickly .The crypto platform offer many thing beside trading so that it is become more popular than forex .We all know that trading is so risky so that before we invest we need to learn before enter the market that's how we can really earn from both the platform .

Cryptocurrency trade is safe when the right coins were added for trading. Some coins used to fluctuate very minimal, with those cryptocurrencies there is a need of good holding to make a better profit. Cryptocurrency trading is safe when the market is completely bullish, with forex the market seems to be almost similar all the time. At times cryptocurrency market predictions were made out of choice, but with forex the Predictions can be done precisely.

I don’t know what I’m going to call this strategy that you are making use of ,  but at a time like this, it is always common that everyone is going to be making profit, though not everyone, but at least majority of the traders in the market will be able to make huge profits from the market. When the market finally turns bearish, it is going to be quite difficult for you to easily achieve the level of profit that you are getting at this time. That time is going to require a lot more skills for you to be able to gain from the little up and downs that the market will be making in a day.

So for now, we all already know that most of the coins would go up, so any of them that you invest, as long as it is one of the top coins in the market, there is really a chance that is going to increase and you make profit from it.

Doesnt really matter if you are dealing with crypto or forex because the word safe doesnt really fits off because you could possibly lose money if you havent done the right thing or decisions.

You should always consider on how risky you are taking on dealing with this markets because presuming that it is safe then you would see it for yourself on how risky it is.

You would realize when you do experience the real thing because you wouldnt changed up those views if you dont experience it for yourself.

I believe that there is a good chance we could finally reach to levels where forex volume is right now. The volume of forex right now is said to be somewhere along the lines of 6 trillion to 7 trillion dollars, which is a lot more than what crypto is and I know that but we are getting closer, 120 billion and counting so it is not really impossible for us to reach. Does anyone think that we would actually be at a level of stability that forex has?

I mean I know people could make tons of income from even the tiniest moves there but in crypto we have thousands of moves per day, even in hours and I believe that if we reach to those volumes then maybe we could have that power of stability as well?

You are mistaken, the cryptocurrency market is very dangerous, especially for those who do not understand how it works. You have yet to find out what a bear market is like - this is the time when most traders lose their profit that they earned in the bull market.

I think the problem is that only a few newbies understand that no trading or investment platform is safe and the cryptocurrency market results during the bullish don't make them a professional or experienced trader.


I'm unaware of any third analysis and I will be happy if you can provide information about the third analysis you used.

Most users dont understand what is right and to be safe the only coin that is "right" to trade is Bitcoin. It still depends on what ones definition of "right" is. For me it those coins that are decentralized and censorship resistant.

Usually you see two types in this market, either bullish or bearish. You will see sideways trading very less in frequency than swings in price.

I think both carry similar and dissimilar risks when it comes to trading. If someone is a veteran in forex they should not divest into crypto and vice-versa unless they are pretty confident about it. Each type of asset class has its own nuances and points to be kept in mind. Increasing these in your head only gives you more headaches.

To be honest, I don't quite agree. Both options can have both a positive scenario and vice versa. Depends more and more on the trader himself.

In performance compared to forex trading, I believe that cryptocurrency trading provides its users with more alternatives and options for profit. Cryptocurrency trading is far more advantageous, but it should be remembered that it is impossible to predict if there will be profit or loss, as well as up or down, in the next hours and days.

I agree that as long as it is centralized, I do not trust any project. Even ETH is dangling at the line of being centralized in my point of view. Obviously it is still quite decentralized in its code, but when Vitalik wants to move to 2.0 and everyone agrees with it suddenly just because he said it, then it makes it a bit weirder. I am not saying that it is centralized, it still gives people a choice to vote, and based on how people are reacting to everything Vitalik says, it is clear to me that we are talking about a slight authority figure there.

However, I still invest into it, that's fine level for me. BNB on the other hand, even though I hold bnb, I still worry about it a lot, it is highly centralized and basically Binance is controlling it, that is a very risky and dangerous thing and I am planning on getting out of it. These days finding %100 decentralized currency is a very difficult thing to do.

They are just the same with forex on which they are both risky but what differs them is the movement of price which we know that crypto is more volatile with those fiat currencies which means it is more risky.

But somewhat people do still love to get involved despite of the risk because they do know that whats behind is the probability of making big profits out of those huge swings.

You can deal with both things if you do want to experience and you would find it for yourself.

In my own opinion, cryptocurrency trading is more and perfectly secured compared to foreex trading. I don't know more about forex trading but I believe that cryptocurrency trading is simple and straightforward trading, but the forex might a bit complicated compared to crypto trading. I believe that crypto trading is safer than forex trading.

Both types of trading have their own risks, but cryptocurrency trading is considered safer than forex trading. With cryptocurrency, there is a finite number of coins that will ever be in circulation, unlike with forex, where the number of currencies and their value is constantly changing.

The crypto market is somewhat more current while forex exchanging has been practice for significantly longer since the time we have had distinctive public monetary standards Trading in digital currencies accompanies a more serious level of hazard than forex exchanging The crypto market is additionally not so directed as the forex market is on the grounds that the previous is fresher than the last option Trading in forex is simpler in India since you can essentially open an exchanging account and get everything rolling.

I chose crypto because one of them is like the author's title on this topic. But maybe forex players also consider crypto unsafe. Indeed judging from all types of stock trading markets, forex and crypto all have disadvantages. I chose crypto over forex because the funds are directly under my control. I don't need a broker. The forex market is like the future market in crypto, and I don't like futures trading. Some of my friends lost funds due to wrong open positions. Unlike trading tokens as long as you believe the price will go up then if you experience a decrease in price you can hold it until the price rises again.

In my opinion, both platforms have their own values. I can't say that any particular one has lesser importance than the others. It all depends upon how you are trading in the market. Yes, you are right that the greedy traders will not be fine.
But these types of people can be in any market. Both platforms required proper skills and knowledge of the market and trends and you have to keep the focus on them both. Also, it all depends upon your luck.

I can agree with you.  I think forex will require your time to master some certain things . Forex is not what they rush into to invest it requires patience. That's what some newbies don't know about forex, they think they can easily earn in forex without learning.

Even in cryptocurrency, if you'll invest without knowing its risks and without having enough knowledge on how to do trading, you'll surely fail. Both need a long process of learning so the safety of both investments will depend on your skills on how to handle it. Both are profitable and risky at the same time but we should keep in mind that any type of investment has its risks.

It definitely looks like crypto could be even worse if you are not careful about. I have seen people losing thousands of dollars in a single second because they have no idea how margin trading works and they still did it. It is just such a shame that something that is so profitable in the long term if you just keep it and do not do anything about it, but at the end of the day we are talking about something that is dangerous if you do it in a different way. Trading is a very risky and if you are not sure about what you are doing then you are going to be very upset about it.

It is clear to me that if you are a newbie then you should not trade with a lot of money, you should focus on doing small amount and earn that way until you are good enough. However, you need to make sure that you do not get too much hyped suddenly just because you saw a chance of making a lot of money, you might be wrong.

cryptocurrency trading and forex trading are pretty much the same, the distinguishing becomes confusing to make when we talk of holding to be cryptocurrency trading. For every pip or point move you get to make money in forex while for a hodler they only interested in the rise of bitcoin which is where their profits rest...any bearish move reduces the value of their coins.

Well, I think what you have said here is kind of right. If you’re going to be looking at it this way: someone who is trading or investing in cryptocurrency for the long term is going to make profit Dan someone who is trading forex. But there are still risk involved in the both of them, anyone can lose money in crypto currency and as well lose money in forex trading.

You just have to have good enough knowledge on these types of trading before you become part of it. If not, it’s just going to be a rollercoaster of you having to meet losses over and over again. But cryptocurrency would always beat forex trading when it comes to long term, because in forex trading, once you lose, you have lost for good. But for cryptocurrency, even if you lose now and decide to have patience, there are chances that you will recover what you have lost in future.

Crypto and Forex are both volatile though we only have limited option when it comes to Forex while crypto offers a lot of variety and options for us to trade more effectively. Even though they both the same when it comes to trading, I still prefer Cryptocurrency because its way more profitable especially in the past 5 years. Well, if you're into forex and crypto, I can say that you're a hardcore trader and that's a good strategy, to diversify on other market and grab more opportunity, beside you are trading to achieve your goals and you can do that by keeping that hustling.

I guess the same reason was why Satoshi went on hiatus, assuming such things to start in bitcoin ecosystem too. Obviously, that is how a political system works and the people usually like a person to follow because they dont want to lose their sight. However this means that there would be shill armies like that has happend with ETH and every other shitcoin out there who easily manipulated and follow a mob policy.

Bitcoin is still decentralized, it is that easy to find. I agree about BNB though, those who bought back in single digit prices when the idea that BNB is a Ponzi was very popular have made good gains by selling at these prices. You can also sell a fraction of your holding and keep the rest hoping for even higher gains.

Crypto has its good days, so does forex. A very good forex trader might agree otherwise. But for me, I haven't really been into forex, but I am cool with crypto. I just enjoy the fuzz in the market, it's exciting.

Both will require more of our time but about being complicated, it is somewhat needed to put more of your studying in forex.

Yeah, that's their misunderstanding about forex. They watch ads about forex as it explains how quick and easy it looks to earn with it. But in reality, it's harder than trading cryptocurrencies.

I think Forex is not the only trade that needs to be studied with care or that is complicated, cryptocurrency, stocks and other tradable items are complicated and needs attention very well because they are both really volatile. Although there are instruments in Forex pairs that are less volatile but trading gold or silver against USD is certainly volatile just like btc paired with USD.

Well, you got it all right. Every market and its aspect shall be studied with care and all of them has to be prepared and not just go in without proper knowledge especially if the amount that you're investing is quite big.
Talking about forex as a whole, one can think that it's about the highly volatile pairs that everyone is making money since most of their ads are all about that but it's good to know that there are those lesser volatile pairs.

Each and every speculative asset is volatile and is worth investing because each has their own pros and cons while delivering returns - otherwise nobody would trade on that asset at all. It does not mean that all millennials will move to bitcoin, unlike some news media might be saying.

The point is that there need to be a diversification assets that you earn into investment tools that you know and prefer. Being stubborn and going all-in into one asset is a wrong move. Today your country might accept bitcoin but tomorrow there might come in adverse laws against it, then the same news media will change its tone and say that millennials want stocks. Funny how these change in tone comes faster than the chameleons color change. ::)

Hence if someone has expertise in one asset, continue with that only, shifting assets is a risky move - worth it if you can do it at the proper time and with proper backup plans.

Each asset has its good and bad days - I agree. Hence it is better to keep a diverse portfolio but avoid altcoins - your crypto should mean coins from the top5 coins only. Your portfolio will never go all red if you know how to diversify correctly.

As mentioned every speculative asset have got its own market. Some used to be highly volatile, whereas some doesn't vary big. The returns and the percentage of risk used to vary between the different assets.
Diversification is a must with all forms of investment to keep the portfolio strong against the varying market. Going all in one is good, when you've got the expertise knowledge to take the profit and come out of the market.

Being an expertise in one form of investment and an immediate swap is not good, because different form of investment have got different markets. Learning it and getting into the market parallel to the primary investment is always a good choice.

When we go with the cryptocurrency investment, adding top cryptocurrencies on the market will lower the risk. Also makes the portfolio strong for long term, whereas if you're into the market for short term profiting then you need to focus and learn about the trend at the moment.

Yeah, basically all markets are same hence the approach that we need to make profit from them must be same. This is the reasons all technical and fundamental analysis for all markets are common except few fine tuning according to the level of volatility.

In my opinion it is just another myth which has been with us for years that cryptocurrency trading is simpler and easier compared to forex trading. I have been seeing that people are always making such baseless claim continuously here and in most social media. Moreover, the simpler nature of crypto trading must be subjective because all the traders may not see the market in same way and this is the reason the level of profit making differs from trader to trader.