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Author Topic: Trading question  (Read 815 times)
posi
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July 10, 2022, 08:47:01 AM
 #101

There is a crypto forum that you are a member of, so I would say that I prefer crypto trading to forex trading. But if you have time and large capital, you can also trade both, this is considered portfolio diversification, as cryptocurrencies are not always profitable for you. Investment diversification is a highly recommended practice that helps us reduce risk and diversify sources of income.

ilovealtcoins
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July 10, 2022, 09:36:36 AM
 #102

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
Choose which one you like, you are talking about trading, I don't see much difference here. If you have skills and knowledge of day trading then you should trade both, cryptocurrencies are more volatile than stocks, so if you like thrills, you should choose crypto. I only invest in crypto because I like the thrill it gives.
montaga
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July 11, 2022, 03:56:13 AM
Last edit: July 11, 2022, 04:42:38 AM by montaga
 #103

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

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fuguebtc
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July 11, 2022, 04:22:17 AM
 #104

Cryptocurrency markets are much more volatile than forex markets, but the risks are the same. If we don't have the knowledge to participate, we will all lose money. It is the crypto trading that I prefer, it is high risk, but it can also give large profits on occasion.
In both cases, there are pros and cons to each market. It is imperative that you do your research so that you can determine which market is best for you.

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batang_bitcoin
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July 12, 2022, 12:02:10 PM
 #105

Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
There's really a far difference in trading and staking. In trading, you should be active with your trades and you need to keep an eye with all of the cryptos that you're trading and your profit depends on the market and how you are, it's an active profit.
Whilst in staking, you don't need much effort on it. For example, in staking, with mycointainer, they've got several assets that has a fixed APY and the same goes for other platforms like Binance and Uniswap for which you don't need to be active at all times.
You're free to choose any or both of them.

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RussianEnglishTranslation
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July 12, 2022, 02:18:31 PM
 #106

Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
There's really a far difference in trading and staking. In trading, you should be active with your trades and you need to keep an eye with all of the cryptos that you're trading and your profit depends on the market and how you are, it's an active profit.
Whilst in staking, you don't need much effort on it. For example, in staking, with mycointainer, they've got several assets that has a fixed APY and the same goes for other platforms like Binance and Uniswap for which you don't need to be active at all times.
You're free to choose any or both of them.
Is this a centralized staking platform like Celsius? Because those are very high risk. It's much safer, and you will receive a higher APY, if you stake cryptos like NEAR or ICP in the official web contract. You can earn 13 and 20% respectively for example.
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