Crypto trading vs Forex trading

[elisabetheva]

Crypto trading is always a best choice according to my opinion because it is just simple and a beginner can also get attracted to it by seeing its easy and many other crypto facilities but the more you invest then only you can get more, So i want to say that crypto trading is good at all. And forex trading may be but a little.

I see that the only factor is feeling familiar with crypto compared to forex trading, actually when it comes to trading, the two ways of working are not much different and almost the same. once again a person's habituation factor will determine what steps will be taken.

Crypto is indeed starting to be known and loved because it can do many things compared to foreign exchange which was already known earlier. but once again the habitual factor clearly affects, although it must be admitted that crypto is still a lot of alternatives that can be done than forex, and that alternative creates more opportunities to do things that can be profitable not only from trading, that's what crypto is better than forex.

[globalpain]

Crypto trading or forex trading, are both profitable. That's not even a question.

The best question here is, how that trader will make his trading experience profitable. Even others will say that crypto is profitable, if you don't know how to handle the stress and pressure, you will end up wrecked. The same goes for Forex or stocks trading.

Just choose who's not profitable but on what do you think you can do better because of your knowledge.

To turn your experience into profits there is nothing else to do but to study the markets, a lot of newbies come to this market with preconceived ideas about the profits they are going to make and they think that it is going to be incredibly easy to do so, and this is not true, the few traders out there that can obtain profits are the ones that take the time to read every single strategy available and then they test it and see if it is better than what they are currently doing.

It is absolutely true and what needs to be understood that making a profit on cryptocurrency trading and forex trading is not something easy,
besides that the risk is also great so that when we make a wrong move we will most likely lose money,
so indeed to make a profit it takes strategy and knowledge is very important

[Luzin]

It was because you don't understand how Forex trading is done. You don't have an interest in forex as you are in crypto, that of course, it affect our minds, and just like you, Crypto trading is also my preferred. But for sure, they are having similarities, Buy Low and Sell High still as its common used by all traders. But since we are already familiar with the crypto market and also its behavior, it was easy for us to make an analysis and make a trade.

It's been a long time since I've heard of forex, but I haven't studied in detail how it works. But I once tried to use the Meta Trader application with a demo account. I'm too confused about what's in the app. In addition, the management of funds that have to go through a broker, makes me even more unsure of the funds that I will use later are safe or not. That's why I chose crypto because my funds are managed by me. Withdrawals also don't need to wait for approval from the broker, indeed crypto is almost the same as having to go to an exchange but the funds are in our hands. That's all I know about forex. Please correct if I wrong