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Author Topic: choose forex trading or crypto trading..?  (Read 271 times)
redsun114
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October 12, 2019, 12:11:39 PM
 #41

before getting to know cyrpto I was involved in forex trading, then I switched to crypto trading, I think it's the same as forex trading turns out different, crypto is more difficult to predict and the movements are often irregular, for those of you who trade forex, it's more convenient forex or crypto,?
if I personally prefer analyzing in forex trading, but in the trading system it prefers crypto trading, I hope someday the crypto exchange will include various national currencies, so it not only provides crypto exchange but also exchange money between countries.
You are right, cryptocurrency is more difficult and more technical than Forex, and analysis works better for Forex than cryptocurrencies, if you are a guru in trading cryptocurrency, I don’t think the guru should find it difficult to trade Forex especially in the aspect off using technical analysis to forecast price.

The very big advantage that cryptocurrency trading has over Forex is that the profit that you get on it is much more bigger and larger than Forex, and in cryptocurrency, it would be impossible for your trade to zero provided that you are not on margin trade, so if you are having a normal trade and your trades are not going well, you can just decide to turn it to an holding till the coin recovers again for you to Pick up from where you left it.

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October 12, 2019, 03:14:46 PM
 #42

Crypto and forex trading both of different strategy in individual platform. I think forex is the biggest trading platform in the whole world which is trillion dollars market place. But personally i think forex is more difficult and risky than crypto trading. In the forex your initial money turn into zero and which is never recover without new deposit. I think crypto is more familiars and more possibility to profit here. But crypto is also high risky investment. I am going with crypto trading and i have no experienced in the forex trading platform.                       

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October 12, 2019, 03:51:34 PM
 #43

Many of the basics in both forex and crypto trading apply, but if you've got more experience in one type of market than another, stick to the market you already know and improve on that. Things don't behave the same way all the time depending on what you're trading, and you'll mostly be learning about these little details from experience. I would definitely say forex is much more technical than crypto most of the time, though.
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