Bitcoin Forum

Trading forex generally have its attendant risks. As the gains come, so do the losses in more realistic terms. However, personally I'd rather trade cryptos than trade forex. The core difference in trading the two is that in trading forex, you lose it all, money is taken from you leaving you with nothing. But in Cryptos trading, the losses experienced leave you with coins which are remnants frim a bad trade. Why do you prefer?

I still prefer on the crypto trade. I hate forex trading and there was a lot of problems if you can't find the best broker. It can be manipulated anytime. Crypto based on the supply and demand and that's more naturally compared with trading forex. A lot of forex players are moving to the crypto.

A lot of opinions I've sampled tilted towards trading cryptos. Personally earlier this year I lost about $1800 trading forex. It was my first attempt and I got burned really bad losing all which is why trading forex is better.

Not all forex players stick to crypto, they may be here but they still do the scalping in the old market.

You probably didn't follow a profitable strategy, traders usually share their strategies in the babypips forex forum which will help you  all these trading. All you need is to have a discipline in following them. The strategies includes the settings in MT4 but you have to test them using your demo account first.  If you have tried this you might not lose your $1800. I'm still with forex market even today, I don't trade with higher leverage but only trade when the strategy I follow says so.

of course crypto trading for me.
Forex is to hard for me, if we dont have much margin .... we must already go to hell
But crypto not like that. And i love this trading.

Everybody knows that trading crypto is better than forex, basically the profits in crypto are even bigger than the profits in forex field, easier for lucky and experienced peoples and risky for the stupid ones.
You can earn a fortune using crypto if you were lucky and smart, with forex, it might end up in a bad way i think.

You're fool. Forex is safer. Forex is the face of a country. The government never let it die. But Cryptos is different. No one controls it. If the market reachs its bottom, people'll leave it. Only sharks will play together and they'll die too.

The main difference I see is the commission you pay on forex vs crypto.
Forex exchange's most profit goes on commission while you have better control over crypto exchange.
Forex exchange has paperworks and taxes and due to the low volatility, you would need a huge liquidity to get profitable in long run.

You're absolutely right chief. Looking back, I now realize that I didn't follow working and profitable strategies. I was desperate to make quick bucks and I paid the price dearly. I came to realization of certain strategies at the tail end of it all, when my account had been blown

I have learn forex wayback from my father but I didn't have a chance to try trading on it because that time i young and i believe that it was a gambling things that i dont really like

Not until now that i am mature enough to understand things but what attracted me is this crypto community,and for me this is the future since we talked about technology here and not jut profiteering

I have no experience with forex, if forex like that means the same as gambling. I think forex is risky than crypto but thanks for sharing

Trading crypto and trading forex is similar but there is a greater volatility in this market, this can be good or bad, if you are good then you can make a lot of money very quickly but if you are not very good then you can lose all your money very fast, also forex requires that you know how the market moves at certain moments during the day because certain actors enter and exit the market at particular hours and this makes trading even harder if you do not know that information.

I relate to the latter part of your post especially as it relates the technology behind the coins traded in crypto which is the driving force. This is in sharp contrasts to forex trading where a lot is determined by the centralized government for each currencies.

I used to trade forex for some years before I heard of a d got into cryptos. From my experience, I prefer cryptos trading to forex most especially when cryptos is in bull season. The movement in forex is slow and not as fast as cryptos and forex is more manipulated than cryptos for now

I have heard Forex 3 years ago. In fact, I often see ads when I'm searching on the internet. But to be honest, I was not interested in joining Forex at that time. Forex trading is in my opinion more complicated than cryptocurrency. In addition, crypto has more types of coins to invest and the price also tends to be more affordable.

I do not invest in it because it's risky

I also prefer Crypto's. Forex is not worth the effort and time in my opinion. Especially if it's the bull season then nothing can beat Crypto in terms of profitability.

The bitcoin and forex trading are the same just that forex is a bit grow because of the time and market capitalization.  Many traders from forex has taken the advantage of the knowledge of forex to trade bitcoin and make money from it.  Trading general is very risky and to trade you must have adequate knowledge on technical and fundamentals analysis.

Forex with the advent of crypto currency begins to outlive itself. But many investors have learned precisely because of this, now they feel calmer in the bear market and with significant corrections and have a constant profit.

I also prefer crypto trading, market never sleeps, specially if you are in the other side of the planet. Accessible and you can start small and as you gain experience, starts to up the ante and the next time you know you are having a field day and making profits. For forex, I haven't done any trade on that market, but from what I understand its also volatile and very risky as crypto trading. And there's a lot of deterministic factors for the price, as compare to crypto wherein its based purely on supply and demand.

Once I read about trading on Forex, less than 10% of traders can earn there, in cryptotrading, in 2017 for example, I think 90% of traders and investors could earn, now, of course things are not like that, but as for me, the market of cryptocurrency is more interesting than Forex and it is also difficult to lose everything, it is quite realistic to lose 80% of your investments, but you will not lose everything.

I am a little bit ashamed of commenting and sharing my idea, its because someone rated me a negative recently, but if im gonna share my idea, i will focus on the trading of crypto rather than forex. Why? because crypto have the chance to move up, and you can have your coins in your trading account,unlike the other, you still have the chances of getting the capital and a profit by means of waiting the right time.

Both crypto and forex have their own risk. If you lost about $1800 in trading forex. What are the knowledge you have about forex before going into trading it. A proper understanding and a significant amount of training is needed before going into trading forex. And Money management is the key to success in any trading. Crypto too can be manipulated, In short what is going on to bitcoin is real manipulation. I agree that a lot of forex trader are coming into crypto and it is not because crypto trading is better than forex but it is because it another way to make money. I enjoy trading forex and crypto.

i guess forex works a bit differently and as far as i know it's quite a problem to get your money back (correct me if i am mistaken). besides, it's interesting to learn crypto by yourself

Usually forex can be more profitable if you are good at technical analysis because of two reasons, one is the nature of market where almist every broker provides huge margin so you can deposit small and trade big secondly forex market has huge volume and liquidity, so entry and exit is never seen a problem while mostly crypto trading has mostly spot trading and liquidity issues but i think with time crypto will also grow big time.

It seems to me that there is simply no big difference between these markets, that's why traders from WallStreet are very skilled at coping with the charts, because now the market is obviously very manipulative.

Trading on crypto-currency exchanges is more dynamic but has more serious risks and profit on it is much more !

In my personal opinion, both trading forex and crypto have its own risks and benefits. Forex, probably is not as fluctuating as the crypto. But, crypto sometimes gives the big surprises to the holders or traders that make them rich easily. Overall seen from how it trades, I myself prefer to trade the crypto. Crypto is easier to trade and analyze than forex.

Cryptocurrency trading is a lots transparent and unambiguous compare to Forex.  Having said this,  it does not imply that trading cryptocurrency is easy.  I think both market are difficult but there is different approach  that must be applied to these market separately!

Crypto trading is much easier than the forex trader just the basic skill are enough to start trading on our own and make more money once made enough experience but forex trading needs knowledge as well so it might not for everyone.

I have never traded in forex, but many feel disappointed with the trade, so I was carried away not to try on forex because it looks difficult, it's easier when in Crypto and gives more fun even though it's a bit pounding following the market chart.

actually trading is all about the same but the only thing that distinguishes it is a feature and also a bonus that we get and also we can do it at any time anytime and anywhere as long as we can access the internet.

I will also clearly choose to do crypto trading. there are many advantages that we get when trading crypto.
Crypto trading has convenience and speed. I can trade crypto with little capital and I can deposit / witdraw whenever I want.

Flexibility is the most influential thing and the opportunity is still very large to be an attraction to do crypto trading.

I choose trading bitcoin here is a good opportunity to earn much higher, however the risks too, but the profit overrides everything. Even if nothing happens you still have tokens on the exchange, which may eventually grow and still bring you profit.

I like crypto trading because in my opinion there is no broker in the crypto trade that has the working to give losses to other traders.

So, basically the loss we experience in the 100% crypto world is our analysis error.

Yes exactly, I think also crypto is much better than forex. Forex is too risky like betting I think.You have to learn a lot to gain here. But crypto is a digital currency which is so easier to get and do trade. I didn't meet anyone in my life who get rich by forex trading but it could be. However crypto has changed my life now I am a good trader. Once I love forex it was too hard for me though  but I have changed my trading into cryptos when I found the market. So it is always too good to trade on crypto market.

Well, that's the point at least you have something remain on your wallet even though Its value is zero, you can leave them alone then hoping someday it could be skyrocket, something like you buy a product but Its value depends on the market, while in forex once you lose, you lose it all. However for me, whether trading forex or crypto you have to make analysis in order to get profit, if you just go without making any research well that does not make any difference than gambling.

of course, I also prefer crypto trading than forex trading. because the risk is smaller and easier to understand. the benefits that can be gained from crypto trading are also significantly better. and I agree with what you say that crypto trading is better than forex trading

Generally, I think the crypto market is more suitable to day-to-day trading because it is quite volatile from the forex market. This allows the generation of more transactions (profitable if you can) for a shorter period of time. But in general, in both cases you need to have very good knowledge and have a lot of experience in this field.

I will always cryptocurrency trading, yeah this is very vulnerable and the process is really fast.
but why i still choose this.
this is the peoples place to control and give demand unlike in forex.
i will remain in crypto even at worst. because the worst market can give the best profit.

If we look at both sectors in itself, we can see that the crypto sector is a very new sector and carries a high risk. Of course, we can also say that there is usually a cost to the risks taken, considering that this is a high risk. Looking at the Forex sector, this sector is no longer as strong and active as its predecessor. The Forex sector, which is used intensely for fraud in its own sector, is no longer as investor as its old counterpart, but still we have a chance to earn high income with high risk in this sector. Of course, the two sectors are not equally comparable, considering that cryptocurrency sector is less risky but more volatile in the currency sector. For that reason, I think that both sectors should try to find a common point by considering their advantages and disadvantages and we should make comparisons in that way. I advise you to think about why I am here if there are friends who are curious about which sector I prefer. :)

Personally I think trading forex and trading cryptocurrency are very comparable but I will say I prefer trading forex because it has less volatility and not manipulated as what we see happening in cryptocurrency.

I don't know the difference between crypto trading and forex trading.
but what I heard from my friend, that forex trading is more risky. that's all, I don't want to speculate with my money. crypto for me is enough.

I totally agree with you. Another up side to trading cryptos is volatility. Cryptocurrency is more volatile than forex and to the skilled trader, his is a gold mine to exploit. 10x, 5x profits are possible with good trades but I doubt such high profits are available in trading forex as both still have plausible losses.

Well, to be honest, your friend has very precise words, forex trading is a very large place and it is always risky that many people, even professional investors can not handle it, sometimes its fairness is lower in trading crypto, this is the feeling when I was involved, I used the money to buy this feeling. Although crypto is also a world similar to forex but it is a miniature space compared to forex, that makes the risk from crypto also greatly reduced, in addition, we always have the opportunity to reverse the situation in the crypto with patience and wait while forex is almost impossible

I started trading in crypto, as what I've heard many traders
from forex is switching to crypto because of its volatility.
since I've only traded in crypto I can't say which is better.

Although, i have never traded forex, but the rate at which people lose in it is alarming. So this makes me prefer crypto trading to forex trading.

Well I don't have experience in trading Forex some says that you could earn a little profit. I prefer trading cryptos you could earn much profit if you are lucky to trade a potential crypto.

One who has experimented trading cryptocurrency will never get into any other form of trading. Trading forex might have got less risk, to which the earning will also be minimal. With cryptocurrency trading the risk associated with it is much higher and to the same, the profiting one gets is bigger than forex and other forms of commodity trading.

Forex trade is not for everyone, but in crypto, anybody can trade from anywhere in the world! It is easy but needs to learn many things before start! Forex trading is a little bit hard for the newbies and most of the new people can't get success in forex trading but crypto trading has several ways to go forward! That's why, day by day people are shifting from forex trading to crypto trading!

trading in forex or crypto have the same risk and both are high risk, but in forex you can learn using demo account but in crypto trading you must trade in real market without any experience in trading, that's why forex is solution for beginner learn about market and analysis in demo forex account before trade in real market.

There is something about the wild wild west nature of crypto that gets me excited.  FOREX is a wild time as well but crypto takes wild swings to a whole new level.  I'm attracted to the win big lose big game that crypto is. 

I would say that they are both risky. When it comes to any kind of trading then you are taking a significant amount of risk with your money as you always stand the chance of losing your money if you make even one wrong move. I have tried crypto trading and I would say that when it comes to the risk that are involved in both of them, they are rivalling each other and you should be very careful if you are a trader.

While both of them are a good way to make some earnings, and a lot of people think that they are both great options to consider when looking for good businesses to venture in to gain financial substainability, I think that I would prefer to invest in cryptocurrency rather that forex trading, because I have more idea on the former, than the later.