Which is more profitable, trading with Forex or trading with Crypto Currencies?

[layoutph]

I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.

To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..

Do you agree?

[BitcoinHodler]

i disagree.
trading cryptocurrencies are much more profitable than anything in the world. none of the pairs in the Forex market has gone up 120% in the past year but bitcoin has.
none of the Forex market pairs can even go up 200-500% in 3 days but altcoins can.

it is all about experience. if you can find these things before hand and take advantage of the situation then you make profit if not you lose money.

in the end, if you make more profit with Forex then do that, if you make more with crypto currencies then trade them. it is based on the person who is trading and the experience they have in the said markets.

[Jasad]

i disagree.
trading cryptocurrencies are much more profitable than anything in the world. none of the pairs in the Forex market has gone up 120% in the past year but bitcoin has.
none of the Forex market pairs can even go up 200-500% in 3 days but altcoins can.

it is all about experience. if you can find these things before hand and take advantage of the situation then you make profit if not you lose money.

in the end, if you make more profit with Forex then do that, if you make more with crypto currencies then trade them. it is based on the person who is trading and the experience they have in the said markets.

also none of the forex market pairs gone scam within a month , right?
there is pros and cons about this , but if you do it carefully then bitcoin trading has more potential profit ,
you have limited times to trade on forex , while in crypto you have 24/7 non-stop ,
so as long as you have your own research and not trading blindly , crypto trading much more better.

[Vaskiy]

Cryptocurrency trading seems to be the best for an increased profit. Price volatility is quite high right now, this could have gained traders a better profit. Even during the time of decreasing price the loss can be reduced if the profit margin is not that big. Forex needs a big study but bitcoin can be made easy if we have targeted price to sell.

[clickerz]

I think its Crypto Currency also is more profitable but it depends on which platform you are convenient and knowledgeable. There are some who earns more in Forex that it is already their bread and butter,their livelihood and life.Both has risks,greater risks if you are  not very observant and cautious.

[xuan87]

Trading with GBP/USD or trading fiat is not as profitable as trading with crypto currencies, because the government got a control for fiat, so the rising is limited, there won't be a sudden drop or sudden high rise, but in crypto anything can happens, one minute drop and the other minute spike high, when you want to be a professional trader, you will need to find a currency with a swing prices

[Gotottack]

I think it just really depends on your level of skill in trading. Both markets do have a potential for big profits, it's just up to you to know how to work in them. Though in crypto, there are extremely huge swings and potentially can double and even triple your money in a hour, unlike in Forex where things are gradual but can also potentially double your money.

[Zadicar]

Nothing beats forex and comparing them to the volume of each field crypto currency trading would only be a dust and cant stand any chance to forex but still its good to trade on both but i think forex which is more complicated compared to cryptocurrencies.

[terrate]

I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.

To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..

Do you agree?

Yes. forex more profitable and more accessible.
Some people trade bitcoin because they love.

[Red Fish]

Trading crypto is much more profitable than in Forex, but the risk is much higher too. If you know well altcoins, then you can try in crypto trading and get fast profit, otherwise better stay in Forex.

[dothebeats]

For me tbh,  cryptocurrencies are easily the most profitable trading tool compared to different trading methods paired with btc. It doesn't go always on par with USD but rather with BTC alone and for me, you'll benefit for that big time. Also, there are many cryptos out there that you could really invest on, you just really need to have that optimism and knowledge about these coins that you're going to invest in.

[LittleBitFunny]

As you'd expect someone to say on a Bitcoin forum, it's probably cryptocurrencies.  Cryptocurrencies are very profitable, just because of their volatility and also because (no offense to anyone here) people who trade cryptocurrencies are sometimes less experienced and make mistakes which allow other people to profit.

Cryptocurrencies aren't for the faint hearted though, everything profitable is pretty risky.  Since they don't physically exist cryptocurrencies often just randomly disappear and loads of cryptocurrencies get completely dumped after a while, so when you put in any substantial amount of currency you're at a huge risk of losing most of it and you therefore have to be pretty clever and have quick reactions or anticipation of events to make any decent profit from cryptocurrencies.

[dustboy]

I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.

To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..

Do you agree?

Yes. forex more profitable and more accessible.
Some people trade bitcoin because they love.

Are you sure forex is more profitable? As I heard from some people, forex trading needs big bankroll in order to get decent profit as it is not as fluctuative as cryptocurrencies. I have never tried forex before, but from what I have heard I'm sure crypto trading is much more profitable.

[BrewMaster]

i have voted for trading cryptocurrenceis because i find them more profitable because of the size of their fluctuations. you never see it anywhere else. but i also say that this is mostly a matter of preference. i certainly would never go for Forex trading because all my little experience lies in crypto trading, and i'd be lost over there.

[layoutph]

Okay thanks for the feedback guys, maybe there are somethings I need to know in crypto currency to make it more profitable for me.
May I know your favorite Cryptocurrency pairs?

Do I need to use leverage?

[seekoin]

Forex, because of the followings:

- Except Bitcoin, crypto don't have enough liquidity, this means in many cases, you won't be able to trade at your right price.
- Volatily, coz if you can earn 100% in few days, this means you will loose as well. Also remember many altcoins are even not worth penny stocks.

[Skarner21]

I think for me they are just both good to trade but its more scam in crypto currencies than forex.. if you compare them much more people are trading with forex than crypto currency.. most of the people here are want hold some altcoin and thinking that those altcoin will be the next bitcoin..

[seekoin]

Do I need to use leverage?

Using leverage means you can loose more than your initial capital. Is this what you really want ?

[noictib]

I used to trade with Poloniex but I do not earn a lot, my loses from trading is higher than my profit, I think due to Bitcoin crazy price up and down. Until I try Forex trading using WhaleClub, where I trade currencies using Bitcoin.

To be honest I found trading with real currencies like: GBP/USD, EUR/USD is more profitable than trading with BTC/ETH, etc..

Do you agree?

Sorry , but I am not agree because I don't found forex is more profitable than in trading with cryptocurrency .
But if you will see thoroughly in the forex trading then every activity of up and down of market will see clear but in case of cryptocurrency trading  everything have no clear reason of up and down of price .
which is indicated by somewhat scam which similar to below quote

I think for me they are just both good to trade but its more scam in crypto currencies than forex.. if you compare them much more people are trading with forex than crypto currency.. most of the people here are want hold some altcoin and thinking that those altcoin will be the next bitcoin..

But even after all these , I will recommend and I will do cryptocurrency trading because I like much its pump in particular time at suddent moments .

[avatar_kiyoshi]

It's depends on your skill.
I do both, but I prefer to cryptocurrency even altcoin(of course I selecting one/two of whole altcoin), altcoin is good to arbitrage because the gap makes the risk decreased.
Cryptocurrency is unique because it's decentralized, when some news appear it will affect the market clearly depends how kind of news (good/bad).