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Author Topic: Which one is better? Forex or crypto currency trading?  (Read 21914 times)
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May 14, 2017, 12:26:00 PM
 #101

For me, crypto is kinda better than forex. Though I admit that I'm more experienced in crypto trading than in forex, I think you have a lot more options with alt coins and the time factor is much shorter as there are day trades also that can be done. I know some people who prefer forex than alt coin trading but I'm not sure if they're that much experienced in alt coins as well.

 
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May 14, 2017, 01:16:41 PM
 #102

For me, crypto is kinda better than forex. Though I admit that I'm more experienced in crypto trading than in forex, I think you have a lot more options with alt coins and the time factor is much shorter as there are day trades also that can be done. I know some people who prefer forex than alt coin trading but I'm not sure if they're that much experienced in alt coins as well.
I agree with you, trading crypto is better than forex because just like you say we have a lot of choices, trading crypto is very simple, it is not as complicated as trading forex. I do not say making money from trading crypto is simple, simple here means the way transactions, finding information easily, easy to make predictions. I think forex trading is much more dangerous with crypto trading, sometimes we can lose a lot of money with trading forex in a short time, we have to make transactions quickly if we do not want to lose money in trading forex. But with trading crypto, we can still wait for the price to be pumped again

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May 14, 2017, 02:42:58 PM
 #103

Here most of the people are experienced in cryptocurrency trading and therefore will suggest you that. So would I. There is no base amount to start with crypto trading. You can start with like $10 also. Just for trial period. Moreover there is no broker commission. There are exchange fees but they are kind a important. But I would like to mention here that cryptocurrency and forex trading are comparable. They both have some high volatility stocks or coins and both have some stable ones. They both need lots of patience, learning and practice. People tend to lose a lot in any kind of trading. So trade wisely.  Smiley
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May 14, 2017, 02:57:16 PM
 #104

Here most of the people are experienced in cryptocurrency trading and therefore will suggest you that. So would I. There is no base amount to start with crypto trading. You can start with like $10 also. Just for trial period. Moreover there is no broker commission. There are exchange fees but they are kind a important. But I would like to mention here that cryptocurrency and forex trading are comparable. They both have some high volatility stocks or coins and both have some stable ones. They both need lots of patience, learning and practice. People tend to lose a lot in any kind of trading. So trade wisely.  Smiley

Haha Cheesy Yeah. But on forex trading, I think there is a less or even no risk of encountering scam currency since in Forex you are trading different currency in the world. Unlike on the cryptocurrency, it is easy to enlist a coin on trading platform so there are so many scam coins scattered. Forex trading, I found it complicated rather than cryptocurrency, I am having trouble reading the price movement of the certain currency.

 
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May 14, 2017, 03:23:13 PM
 #105

It's almost very similar. Only crypto currency seems to me much easier than forex, there I could not really understand something for a stable profit.

Yes, I agree, it is more easier in cryptocurrency unlike in forex, i dont want to say that crytocurrency trading is easy but i must say that it is easy to understand the principles in cryptpcurrecy, but for me you should take a research and find it in youtube then watch out the videos their , you may see the strategies of the people and how does this to operates.
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May 14, 2017, 04:01:08 PM
 #106

Here most of the people are experienced in cryptocurrency trading and therefore will suggest you that. So would I. There is no base amount to start with crypto trading. You can start with like $10 also. Just for trial period. Moreover there is no broker commission. There are exchange fees but they are kind a important. But I would like to mention here that cryptocurrency and forex trading are comparable. They both have some high volatility stocks or coins and both have some stable ones. They both need lots of patience, learning and practice. People tend to lose a lot in any kind of trading. So trade wisely.  Smiley

Haha Cheesy Yeah. But on forex trading, I think there is a less or even no risk of encountering scam currency since in Forex you are trading different currency in the world. Unlike on the cryptocurrency, it is easy to enlist a coin on trading platform so there are so many scam coins scattered. Forex trading, I found it complicated rather than cryptocurrency, I am having trouble reading the price movement of the certain currency.
The first thing is no trading is hack proof. Many scams happen in forex trading as well. Newbies can be perfect target. They can be easily manipulated by unregulated financial companies trading off forex. Regarding fake coins on altcoin trading exchange. There are some fake projects. There are some pump and dump scams. But I think with some experience person can easily trace them.
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May 14, 2017, 04:28:42 PM
 #107

For me forex trading is more profitable than crypto currency trading. However, forex trading is more complicated than crypto currency. Crypto trading is more ease to use and easy to make profits.
Crypto trading is made relatiively easier to operate with than forex trade because it is conventionally none margin trade and the debilitating nature of the other side of leverage unheardof. However profit making remains  subject to the skills and knowledge of a trader. It is unlikely that a good forex trader would not also be good in crypto trading, but the reverse is not the case.   
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May 14, 2017, 07:43:21 PM
 #108


Still you can ideal videos which provides you the guidance to do the forex trading but All are not getting profit in forex trading as much I know. I believe the people involved in Bitcoin trading is better than them. Btc trading is less risker option in bitcoin to make profit using bitcoin as a investment. Please do trade always buy higher when price dips and sells out which the value grows up.
Yes there are some videos provides you some strategies or guides but there is no assurance on it even professional forex traders sometimes lose their capital. They would also required you to submit identification documents before you can start trading unlike on crypto trading
Yes the best thing about the crypto currency is that you need to disclose your identification while trading in it. If the same you want to do in the forex there you have to come through many legal formalities which take too much time. The forex is not that easy as the crypto.

For trading in the crypto currency you can easily manage you portfolio and in forex you need a consultant for the management of portfolio who charge quite big amount and share your profit.
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May 14, 2017, 07:53:54 PM
 #109

Quote
Which one is better? Forex or crypto currency trading?
In a way i think crypto currency trading is better in terms of trade profit because whatever money(crypto) you make at that particular day
might just be potential value which could be worth more than what was declared.
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May 14, 2017, 09:14:04 PM
 #110


It depends on which one you are most interested and knowledgeable at most. For me crypto trading is way way more better compared to forex which is more rigged and well played by banking institutions. I just don't understand why 9 out of 10 orders will automatically go to the opposite direction.
Yes the crypto currency trading is a very much easy job if we compare it with those who trade in the forex. The crypto currency can be easily understood by a lay man even while the forex is difficult to understand by anyone.

Within a month I guess anyone can easily start trading in the crypto by your own while in the forex you need years to understand and lean the process of trading.

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May 14, 2017, 11:42:01 PM
 #111

If you are looking for better profit then crypto currency is the place where you can double your money pretty soon if you are really lucky and if you are able to invest at the right time in the right coin.Forex trading is good but you need to have a bigger bank roll because the price volatility is really low in forex for a day trader unless you have a bigger bank roll.
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May 15, 2017, 11:01:57 AM
 #112


Still you can ideal videos which provides you the guidance to do the forex trading but All are not getting profit in forex trading as much I know. I believe the people involved in Bitcoin trading is better than them. Btc trading is less risker option in bitcoin to make profit using bitcoin as a investment. Please do trade always buy higher when price dips and sells out which the value grows up.
Yes there are some videos provides you some strategies or guides but there is no assurance on it even professional forex traders sometimes lose their capital. They would also required you to submit identification documents before you can start trading unlike on crypto trading
Yes the best thing about the crypto currency is that you need to disclose your identification while trading in it. If the same you want to do in the forex there you have to come through many legal formalities which take too much time. The forex is not that easy as the crypto.

For trading in the crypto currency you can easily manage you portfolio and in forex you need a consultant for the management of portfolio who charge quite big amount and share your profit.
Forex trading takes too much time and efforts just to finish the first few works or tasks for setting up your account and it will take a lot of time also if you want to be a good forex trader while in cryptocurrency it is very easy to setup our account and it is like common sense when trading because the only simple principle is buy low sell high.
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May 15, 2017, 11:34:00 AM
 #113

Both are risky, but I would prefer crypto currency trading rather than forex.
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May 15, 2017, 12:21:10 PM
 #114

Both of them is very profitable if you know how to trade, trading is about experience, when you got a lot of experience you can used it for forex or crypto trading, for now crypto is more profitbale because the price more unstable than forex and trading crypto is not too complex it is easy to deposit and withdraw, and set up an account is easy and you dont need too many capital to start
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May 15, 2017, 06:07:33 PM
 #115

Forex trading more comfort than crypto trading for me. Because my expertise is forex trading. Trading crypto makes me need to learn more again, because i still lay about movement or trigger price. Too much price shock on crypto, different with forex.
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May 16, 2017, 05:28:31 AM
 #116

Forex trading more comfort than crypto trading for me. Because my expertise is forex trading. Trading crypto makes me need to learn more again, because i still lay about movement or trigger price. Too much price shock on crypto, different with forex.
It will become very easy for you to earn money in cryptocurrency trading rather than in forex trading because you can apply your knowledge in forex trading in cryptocurrency trading which is easier because you just need to rely on the charts and the news and after that you can do decision that will be the key for you to make money.
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May 16, 2017, 05:35:09 PM
 #117

Forex trading more comfort than crypto trading for me. Because my expertise is forex trading. Trading crypto makes me need to learn more again, because i still lay about movement or trigger price. Too much price shock on crypto, different with forex.
It will become very easy for you to earn money in cryptocurrency trading rather than in forex trading because you can apply your knowledge in forex trading in cryptocurrency trading which is easier because you just need to rely on the charts and the news and after that you can do decision that will be the key for you to make money.

Correct. Crypto trading provides greater benefits than forex trading, in proportion to risks. Sometimes i experience a pretty big minus. However, when prices soar, this really a surprise for me.
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May 16, 2017, 05:43:58 PM
 #118

Hi,

What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?

Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
According to me no one will be able to tell you that which one is best for you because you have to decide it yourself by knowing that In Which You have better knowledge and experience because if you do trading without proper Knowledge then there  are chances you will lose more than you have invested and I do Cryptocurrency Trading sometimes because I have Knowledge in it but I will Never do forex trading because I don't have Knowledge in forex trading.
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May 16, 2017, 06:45:29 PM
 #119

For me trading in cryptocurrency because they can easily to learn how to use it buy and sell coin. While the forex you need more time because its really hard to understand  how to use it and how can I earn that if I start. My friend earn $1000 more in the forex and he teach me how to use it but I dont have any skills to learn that so Im backout. In forex I think the potential of earning is bigger than in trading in cryptocurrency but I will choose again again trading because even I cannot earned big I can earned weekly with good amount. But this two is good if you want to earn money.

 
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May 17, 2017, 04:01:12 AM
 #120

Well, all depends on your level of knowledge of factors that affects both forex trading and crypto currency market. Although a good knowledge of forex trading will you and eage when trading crypto currency this is because the same fundamental factors that affects the movement of the value of forex market also has the same effects on crypto currency market.
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