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Question: Which is profitable, trading with Forex or trading with Crypto Currencies?
Crypto Currency - 22 (71%)
Forex - 9 (29%)
Total Voters: 31

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Author Topic: Which is more profitable, trading with Forex or trading with Crypto Currencies?  (Read 3107 times)
Lordhermes
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August 01, 2020, 05:42:26 PM
 #81

I've voted for Trading cryptocurrency. Trading cryptocurrency is much more profitable because I've once traded forex I couldn't even understand more about it. But so far, I found trading cryptocurrency much easier and profitable.
Trading forex is excellently profitable within a space of time. Cryptocurrency trading volatility is dull compared to forex, it had been estimated that market capitalisation of forex is disgusting and surprising, getting profit and loss is essentially fast in forex, one can loose $2000 within 8mins but that can happen in cryptocurrency trading when talking about lost. One considers crypto when holding coin for a very long time just as holding hectares of lands for the future.  Conclusively, forex market is more preferable than crypto I terms of quick gains and profit.
bearexin
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August 03, 2020, 08:04:32 PM
 #82

The funny thing about this question is that you’re asking it in a cryptocurrency forum, so you’re likely to get the answer that cryptocurrency trading is far much better. It’s still up to you to decide. You said you have tried cryptocurrency trading and you were making losses instead of profit, and when you tried forex you started making profit, how about you go for the one that’s working out for you, since the main reason we are doing this is to earn money right? If you have tried cryptocurrency and it’s not working for you, and forex is working, you should continue with forex and look for ways to get even more better in it. Maybe when you are good at it, you can then try to do crypto trading.
DoublerHunter
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August 03, 2020, 08:50:50 PM
Merited by Hypnosis00 (1)
 #83

^ Probably the most profitable is crypto trading, why? Because the word volatile makes the price of crypto fluctuate so the more it will fluctuate of move the price the better chances of having profited from the volatile things. However, this is very risky than the forex, because you will never know when it will fluctuate and where the crypto price heading at, not just like forex trading, it is almost stable the price, the movements are not too volatile.
Nevertheless, both are trading and it will depend on the traders how to manage the risk under circumstances.
Hypnosis00
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August 05, 2020, 11:44:00 PM
 #84

Nevertheless, both are trading and it will depend on the traders how to manage the risk under circumstances.
I'd look into that way also. They are both in trading and it only depends on the trader and how they work on it. But for us who are exposed already in crypto trading, it eventually makes us get preferred to choose this platform than a new one ( which is something discoverable also). However, it was just to close the door for it, we can't either say also if we never make a try with Forex.
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