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Theforextrader (OP)
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November 17, 2016, 12:47:46 AM |
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Alot of people find Forex risky as opposed to bitcoin.
Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.
Bitcoin is great to but it's more of a investment than a trade.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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BuySomeBitcoins
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November 17, 2016, 01:57:10 AM |
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Alot of people find Forex risky as opposed to bitcoin.
Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.
Bitcoin is great to but it's more of a investment than a trade.
Traders comes from the best universities and works for top banks/trading firms, they have strong knowledge and unique resources / connections to predict the market and stocks changes. Traders can make a multi million buy/sell order. Bitcoin trading can not be compared to forex or securities trading really, it may act as a currency or stock in trading but there are limits on it (transaction volume, small buy/sell orders). |
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Theforextrader (OP)
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November 17, 2016, 02:00:37 AM |
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Alot of people find Forex risky as opposed to bitcoin.
Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.
Bitcoin is great to but it's more of a investment than a trade.
Traders comes from the best universities and works for top banks/trading firms, they have strong knowledge and unique resources / connections to predict the market and stocks changes. Traders can make a multi million buy/sell order. Bitcoin trading can not be compared to forex or securities trading really, it may act as a currency or stock in trading but there are limits on it (transaction volume, small buy/sell orders). whoever said that traders come from university etc. I didn't and i am doing really well. i am giving signals that give you profit. all you need is passion and a good strategy things you need for a successful trader no greed risk management ability to suck a loss and move on. |
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BuySomeBitcoins
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November 17, 2016, 02:17:12 AM |
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How much did you or do you make per month pure profit after taxes ?
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outatime1
Sr. Member
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Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
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November 17, 2016, 02:29:53 AM |
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The thing I like about trading with bitcoin is that the fees are so low and they are a percentage rather than a flat fee. This allows people with small amounts of bitcoin to make small trades with low fees.
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BuySomeBitcoins
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November 17, 2016, 02:41:37 AM |
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No need to see your thread. Look at your signature, you made thousands per month ! basic Localbitcoins traders make more per month than you. You can not compare your trades to forex trading making millions per month. No offence but you are not playing on the same level. |
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Theforextrader (OP)
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November 17, 2016, 02:49:42 AM |
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No need to see your thread. Look at your signature, you made thousands per month ! basic Localbitcoins traders make more per month than you. You can not compare your trades to forex trading making millions per month. No offence but you are not playing on the same level. Yes indeed make thousands per month with the service with a small account. well i can't promise someone to make millions on $1000 account now can i. localbitcoin traders do they really but i can guarantee they won't be on my level also if they are making thousands a month why isn't everyone doing that hmmm sounds really simple. i'l admit i ain't making millions but i'm making alot, i'l leave at that. if one of my members can make $340 of one trade with a $500 account, wonder what i made. those making millions a month aern't even using their own money. they trade to get bonuses. very few actually use their own money. |
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BuySomeBitcoins
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November 17, 2016, 02:56:29 AM |
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The ones making millions have investment portfolios. An average LocalBitcoin trader make thousands per months, experts and pro-traders make more, look at this user for example : https://localbitcoins.com/accounts/profile/qiwexcom/Look, you make profit, good for you, but do not expect bitcoin trading reach stocks / forex trading, it will never [that is a fact]. |
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Theforextrader (OP)
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November 17, 2016, 03:01:07 AM |
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The ones making millions have investment portfolios. An average LocalBitcoin trader make thousands per months, experts and pro-traders make more, look at this user for example : https://localbitcoins.com/accounts/profile/qiwexcom/Look, you make profit, good for you, but do not expect bitcoin trading reach stocks / forex trading, it will never [that is a fact]. i never said bitcoin will. that seems good wonder how large the trades are for him to be making thousands but how many of them not all not most only a bunch i'd guess. |
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Caladonian
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November 17, 2016, 03:17:55 AM |
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i seen this before and im willing to be guided but i guess i needed to understand how this movements works unlike btc since we are already here inside the forum we got some news and prediction that we can rely if what is the best time to buy btc and keep it for possible earnings, moving back to forex like what have you said earlier if the person can eat up loses and can move on to next day in that part we'll be able to succeed, do you have some reference site that we can check and review to base our entry inside forex? |
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bajing
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The most Professional Cryptocurrency Casino
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November 17, 2016, 03:26:41 AM |
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I guess we know the answer more easy trading bitcoin than you choose to trading forex, why because in trading bitcoin when the price goes down you can hold till the price back rise, that's can't you do in forex even we can not be sure when the price will go up at least is still a chance you can make a profit, although it must wait for a long time.
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Theforextrader (OP)
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November 17, 2016, 03:29:09 AM |
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i seen this before and im willing to be guided but i guess i needed to understand how this movements works unlike btc since we are already here inside the forum we got some news and prediction that we can rely if what is the best time to buy btc and keep it for possible earnings, moving back to forex like what have you said earlier if the person can eat up loses and can move on to next day in that part we'll be able to succeed, do you have some reference site that we can check and review to base our entry inside forex? Reference as to what is forex how to buy etc. that is all on google. for my service all you need is to know how to buy and sell. il be teaching later once i have a large group |
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Theforextrader (OP)
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November 17, 2016, 03:33:54 AM |
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I guess we know the answer more easy trading bitcoin than you choose to trading forex, why because in trading bitcoin when the price goes down you can hold till the price back rise, that's can't you do in forex even we can not be sure when the price will go up at least is still a chance you can make a profit, although it must wait for a long time.
No if you made a bad call your stop loss will be hit. take the loss move on. it happens sometimes when unpredictable happens usually natural disasters. as long as you know your trend and have risk management you'l be just fine. bitcoin may drop but who knows how long it will take to get back up. thats why i said the key to successful trader is the ability to take the loss. if you cry about it don't bother touching forex. forex works and my thread shows it. |
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daniahya
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Activity: 1932
Merit: 1000
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November 17, 2016, 03:47:38 AM |
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I think forex is indeed at risk beginners and no movement of the bag we know and if we fail in forex money we will lose instead of all, unlike bitcoin if we don't generate a profit there is still residual
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pooya87
Legendary
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Activity: 3444
Merit: 10530
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November 17, 2016, 05:15:07 AM |
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Alot of people find Forex risky as opposed to bitcoin.
Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.
Bitcoin is great to but it's more of a investment than a trade.
you are wrong about bitcoin because it is both whereas Forex is only for trading and earning money. you can hold bitcoin as a long term investment and earn a lot of money in the future when price is higher or you can do regular trading every day just like Forex. and how much you earn no matter you are trading bitcoin, altcoin, Forex, Stocks, ... ONLY DEPENDS on your skills and nothing else. |
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Xester
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November 17, 2016, 05:15:33 AM |
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The thing I like about trading with bitcoin is that the fees are so low and they are a percentage rather than a flat fee. This allows people with small amounts of bitcoin to make small trades with low fees.
You dont need very high capital in bitcoins trading, unlike forex, it is really hard to predict. Bitcoin trading can allow you to cost low due to its small fee. and there are some trading site that you can trade bitcoins with no minimum deposit. Just don't be greedy. Many Bitcoin users go for bitcoin trading than forex. because they learn that its easy to get profit in bitcoin trading than forex. |
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Gahs
Sr. Member
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Activity: 294
Merit: 250
Minter
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November 17, 2016, 05:52:44 AM |
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Seems to me you stand a chance of making more money from forex trading than bitcoin trading, no matter the strategy.
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Mzie
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November 17, 2016, 11:03:17 AM |
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BOTH
Trading forex with a broker that accepts Bitcoin as deposit and withdrawal. This eliminates the process of getting verified or the need of having a credit card where your withdrawals will be deposited.
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Catlonid
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November 17, 2016, 02:23:04 PM |
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I think forex is indeed at risk beginners and no movement of the bag we know and if we fail in forex money we will lose instead of all, unlike bitcoin if we don't generate a profit there is still residual
I agree with you. Forex place for trading same with bitcoin but in the forex, we must have a capital to begin for trading. bitcoin capital while we earn can be collected following the signature or faucet different with forex which we must make a capital with real money. |
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