Trading Coin - Harder or Easier Than Trading Forex?

Trade coin harder or easier than trade? It's always something to ask, because the first financial market I have been exposed to is cryptocurrency, and so far I have not tried trade forex or another market, so I do not understand the way the market like that. any. So today I set up this topic for the Crypto Trader and Forex Trader to comment, if any brother has ever traded in both markets is too good.

The first thing to make clear is that trading in any financial market is difficult. Traders must be prepared for technical analysis, capital management and psychological control. Of course, you must learn how to survive before learning to make money by following the pillow rules like Follow the Trends, 1% rule, and so on. In this topic, I encourage you to give the individual characteristics of each market that the other does not have, to compare the two together. These are my opinions :

Both of these led to the long and horrible long-stemmed candles; these candles were like Bitcoin and Altcoin:
This can be explained that Forex is a mature market that has existed for hundreds of years and has a tremendous marketcap and volume, plus managed institutions. physical. Crypto is a young market, low capital and uncontrolled, so big hands are very easy to act.

Crypto Trader is not protected by the law

This is well known, and Crypto Trader often has many crushes because the capital to stay on the floor for long ... know it. The trading floor is unstable and frequently encountered bugs. In addition, many trading floors lacked tools to support trading activities such as chart, stop loss, trailing stop, ... which is very familiar with Forex Trader brother . If you encounter problems and encounter problems, you will not be able to demand an agency to protect you. And the constant manipulation on the crypto market is also because there is no law in this market.


The news on the crypto market is not fixed

For forex, you can know ahead of time, NonFarm reports, FOMC minutes, etc. Generally the news is at least capable of pre-empting. In the crypto market, the news goes wild, and often appears fake news posts, creating frightening FUD. I have many times in the market right after the news and stick SL bitter, the last boss of the BTC is one example.

So what do you think? Here are some difficult to trade in the crypto market that crypto traders have to accept. After all, High Risk, High Return, high risk, high return, and trade in a market, Trader has accepted the full risk of that market already. Please leave your feeling, thank you.