Bitcoin Forum

Alot of people find Forex risky as opposed to bitcoin.

Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.

Bitcoin is great to but it's more of a investment than a trade.

Traders comes from the best universities and works for top banks/trading firms, they have strong knowledge and unique resources / connections to predict the market and stocks changes.
Traders can make a multi million buy/sell order.


Bitcoin trading can not be compared to forex or securities trading really, it may act as a currency or stock in trading but there are limits on it (transaction volume, small buy/sell orders).

whoever said that traders come from university etc. I didn't and i am doing really well. i am giving signals that give you profit. all you need is passion and a good strategy

things you need for a successful trader

no greed
risk management
ability to suck a loss and move on.

How much did you or do you make per month pure profit after taxes ?

The thing I like about trading with bitcoin is that the fees are so low and they are a percentage rather than a flat fee. This allows people with small amounts of bitcoin to make small trades with low fees.

I don't talk about my earnings see my thread 

https://bitcointalk.org/index.php?topic=1664883.0

No need to see your thread.

Look at your signature, you made thousands per month ! basic Localbitcoins traders make more per month than you.

You can not compare your trades to forex trading making millions per month.

No offence but you are not playing on the same level.

Yes indeed make thousands per month with the service with a small account. well i can't promise someone to make millions on $1000 account now can i. localbitcoin traders do they really but i can guarantee they won't be on my level also if they are making thousands a month why isn't everyone doing that hmmm sounds really simple.

i'l admit i ain't making millions but i'm making alot, i'l leave at that. if one of my members can make $340 of one trade with a $500 account, wonder what i made.

those making millions a month aern't even using their own money. they trade to get bonuses. very few actually use their own money.

The ones making millions have investment portfolios.
An average LocalBitcoin trader make thousands per months, experts and pro-traders make more, look at this user for example : https://localbitcoins.com/accounts/profile/qiwexcom/


Look, you make profit, good for you, but do not expect bitcoin trading reach stocks / forex trading, it will never [that is a fact].

i never said bitcoin will.

that seems good wonder how large the trades are for him to be making thousands but how many of them not all not most only a bunch i'd guess.

i seen this before and im willing to be guided but i guess i needed to understand how this movements works unlike btc since we are already here inside the forum we got some news and prediction that we can rely if what is the best time to buy btc and keep it for possible earnings, moving back to forex like what have you said earlier if the person can eat up loses and can move on to next day in that part we'll be able to succeed, do you have some reference site that we can check and review to base our entry inside forex?

I guess we know the answer more easy trading bitcoin than you choose to trading forex, why because in trading bitcoin when the price goes down you can hold till the price back rise, that's can't you do in forex even we can not be sure when the price will go up at least is still a chance you can make a profit, although it must wait for a long time.

Reference as to what is forex how to buy etc. that is all on google. for my service all you need is to know how to buy and sell. il be teaching later once i have a large group

No if you made a bad call your stop loss will be hit. take the loss move on. it happens sometimes when unpredictable happens usually natural disasters.

as long as you know your trend and have risk management you'l be just fine. bitcoin may drop but who knows how long it will take to get back up. thats why i said the key to successful trader is the ability to take the loss. if you cry about it don't bother touching forex. forex works and my thread shows it.

I think forex is indeed at risk beginners and no movement of the bag we know and if we fail in forex money we will lose instead of all, unlike bitcoin if we don't generate a profit there is still residual

you are wrong about bitcoin because it is both whereas Forex is only for trading and earning money. you can hold bitcoin as a long term investment and earn a lot of money in the future when price is higher or you can do regular trading every day just like Forex.

and how much you earn no matter you are trading bitcoin, altcoin, Forex, Stocks, ... ONLY DEPENDS on your skills and nothing else.

You dont need very high capital in bitcoins trading, unlike forex, it is really hard to predict. Bitcoin trading can allow you to cost low due to its small fee. and there are some trading site that you can trade bitcoins with no minimum deposit. Just don't be greedy. Many Bitcoin users go for bitcoin trading than forex. because they learn that its easy to get profit in bitcoin trading than forex.

Seems to me you stand a chance of making more money from forex trading than bitcoin trading, no matter the strategy.

BOTH

Trading forex with a broker that accepts Bitcoin as deposit and withdrawal. This eliminates the process of getting verified or the need of having a credit card where your withdrawals will be deposited.

I agree with you. Forex place for trading same with bitcoin but in the forex, we must have a capital to begin for trading. bitcoin capital while we earn can be collected following the signature or faucet different with forex which we must make a capital with real money.

Forex = trade fiat currency

Bitcoin = trade alt coins

They are one in the same.

Seek the one with the best liquidation opportunities.

Let your greed guide you.

It is one thing to manipulate alt coins in this small community forex like sandbox but another when trading with the more experienced.

Bitcoin is like a knockoff forex simulation.

All things very similar except the people.

You can`t compare bitcoin with forex.

With bitcoin you just buy btc and wait for price increase.I`m not talking about all the "investment" scams.

With forex you have to trade daily.

i think this is more about different people with different sets of opinions. and as they say, to each their own.

i have tested forex and i couldn't be successful in it but i tried bitcoin and had good results and then tried altcoin markets and i even had better results, and that is what i am going with.

i gave this signal out today 1 hour ago this is what my member earned

http://i66.tinypic.com/10f2jy8.jpg

see my thread

Well i do know one thing bitcoin is more safe and less risked investement, while forex as i know may lead into big rewards as well into big loss in seconds, soo why would we risk our bitcoins or fiat into something that has such potencial to damage us in short period.

That is the difference between you and professional Forex / Stock traders.

we call them retail traders

and its is easy to trade or invest with bitcoin no need for providing personal info unlike forex that we needed to secure our personal identity before we can start the trade, but i think since that its very alike time will come that this input will be available let see if when this things happen.

Trading in both Forex or Bitcoin involves equal levels of risk and both of them have smaller amounts of trading fees. Also, due to the high liquidity nature of trading in forex and also the low cost of the spread it becomes worthy. Bitcoin Trading on the same lines is equally good, and there are very few Bitcoin traders as compared to forex, so the possibility of a price manipulation by bigger whales is higher considering it is not regulated and has usually a sudden spike or dip in price, in forex that may not always be the case.

I also think that Forex and Bitcoin can be equated. Only Bitcoin more dynamic than other currencies. This is its specificity and the need to be able to trade them. Experienced traders make trading Bitcoins very good money