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Author Topic: Forex crypto stocks commodities wich one ?  (Read 179 times)
TheUltraElite
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April 10, 2022, 02:51:55 PM
 #21

Just curious about this one mate. Are you trying to say that if you are good at trading with crypto, it will not be applicable to FOREX?

I'm not too acquainted with Forex trading but lately, I'm planning to engage in this kind of trade but I have doubts because it may take a lot of time for me to educate myself about forex, and with you saying that we should stick to one, that adds to my confusion/doubt on trading with forex.
I would not discourage you from learning something new. It is just something that I have observed in this forum, some threads often pop up about people asking which one is better. Then going for one but ending up not profiting either. It is also true that many of these users are just wannabe traders, trying to get quick money and hence going for each and every available option, which I guess would not be your case.

Indeed you can become seasoned in both, but this should be done with caution, in my opinion, which is completely personal. I myself have done stocks for years and got into crypto and have been doing both for the last six years. Honestly, my knowledge of being able to control emotions and stay calm helped me a lot in crypto.

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April 11, 2022, 08:32:45 AM
 #22

Forex crypto commodities stocks wich one of them are most easy to manipulate ?wich one of them can be not influenced by whales ? Or all of them influenced by whales?
I don't know very much about stocks and commodities, but am going to comment on Forex and crypto.
Between this two, I think crypto is the one that can be easily manipulated, crypto can easily be manipulated because -

1. It's still very new and early.
2. It's market cap is also still very low compared to the forex market

Crypto is currently the most manipulated. coins are yet to circulate fully, we are currently in the stage where an individual holds millions of coins and can use that power as a whale to move the market price either positively or negatively.
A time will come when over 5 billion people are buying and selling bitcoin, others holding it for profit, when we get to this stage, we all will discover that it will be difficult for bitcoin's price to be manipulated cus the coins are fully circulated.

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April 11, 2022, 08:47:01 AM
 #23

I don't know very much about stocks and commodities, but am going to comment on Forex and crypto.
Between this two, I think crypto is the one that can be easily manipulated, crypto can easily be manipulated because -

1. It's still very new and early.
2. It's market cap is also still very low compared to the forex market

Crypto is currently the most manipulated. coins are yet to circulate fully, we are currently in the stage where an individual holds millions of coins and can use that power as a whale to move the market price either positively or negatively.
A time will come when over 5 billion people are buying and selling bitcoin, others holding it for profit, when we get to this stage, we all will discover that it will be difficult for bitcoin's price to be manipulated cus the coins are fully circulated.
due between forex and crypto have different basic fundamental which is in crypto no one controll it even central bank, so everyone with large balance amount could shake market by creating fud. meanwhile in forex, every price drop that caused dangerous thing for country economic ,central bank and government will take main role here to stabilize their currency. it could not done at crypto market, everydrop price fill followed another drop , no one will intervention here.

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April 11, 2022, 03:04:37 PM
 #24

I would not discourage you from learning something new. It is just something that I have observed in this forum, some threads often pop up about people asking which one is better. Then going for one but ending up not profiting either. It is also true that many of these users are just wannabe traders, trying to get quick money and hence going for each and every available option, which I guess would not be your case.

Indeed you can become seasoned in both, but this should be done with caution, in my opinion, which is completely personal. I myself have done stocks for years and got into crypto and have been doing both for the last six years. Honestly, my knowledge of being able to control emotions and stay calm helped me a lot in crypto.
Any one can work, it’s just if you can be able to do it. Some people can’t be able to do both, so it’s best that they just go with one, so that they don’t kind of get themselves confused with everything and thereby making a mistake. Both of them are similar in a lot of ways, anyone who has knowledge about trading FX just like you do would also be able to quickly get on with cryptocurrency trading.

Main question is if you can handle the both of them at the same time, that’s just it. The guy asking this question, how good is he at trading cryptocurrency before he talks about trading forex?

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April 11, 2022, 06:44:08 PM
 #25

Forex crypto commodities stocks wich one of them are most easy to manipulate ?wich one of them can be not influenced by whales ? Or all of them influenced by whales?
There is no way that the forex market can be manipulated. Lowering and improving of a currency value can only be done by central banks. So, there isn’t anything like manipulating like it is being done in the cryptocurrency market where anyone with deep pockets can just easily start manipulating the market.

Although when it comes to cryptocurrency, I think that Bitcoin has passed that level of being manipulated, it’s mostly the smaller market cap coins in the market that can be manipulated by whales. The stock market can as well be manipulated just like in the cryptocurrency market. So the only one that is not prone to manipulation is forex.

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