Which one is better? Forex or crypto currency trading?

[omonuyak]

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?

Yes in analysis there are the same but in market prices volatile there is different. In bitcoin and altcoin trading we only focus on altcoin and bitcoin news but in forex we should focus on political, economic, circumstances and event news. Because of this there are many issues that course fluctuations in market price.

[carlfebz2]

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?

You don't have any experience on forex it seems. Just download metatrader and have some fun with a demo account. There are many bots both paid and free which you can use with forex trading.

Crypto trading is not much different than forex. All you need to make right guesses more than wrong ones.  

I don'.t know about C.A.T. much but if you checked the GunBot you'll see that it makes the most profit if there is a bull market going on. The statistics were like; on a bull market you'll most likely to make %500 with gunbot and you'll be making %400 with holding. Don't remember the exact  numbers but you can think of gunbot as a profit booster.

You probably won't be making any money if everything goes to shit, neither by holding nor botting.

 Trading on a demo account and on a real account is different. When you play on a demo account, you are luckier, and when you replenish a real account, you get more loss:(

The demo account is usually provided by the bot developer. They use fake charts, so you always make more profit while trading. They just want to make you believe their service (the bot) is good and win more than lose on long term. Their interest is only to sell their service and make their profit, doesn't matter if you will lose a lot of money with their bot on real account later...

I think it's not a good idea to trust a lot of money in a bot. It's just an AI, and it will lose all your money without any prudence.

What demo account are you referring to? If you are talking forex demo accounts then i would really disagree on your statement since brokers would definitely do the opposite thing they would not tend not to cheat their posibble traders in fact they would really be helpful to their demo traders to trade succesfully because once they do decide to go live trading then brokers are earning on every trade they made which means the more successful a trader is the more income or profits they would generate.

In my view the main reason of profit making in demo account is you are playing freely without worry of loosing it as even if you lose it your own investment is not gone but when you start to invest and then play then you are worried of if you lose the investment so in this process what happens is when ever you take position you will be watching is until the position is closed so in this process what happens is even on shorter profit you close the position but when you are in loss you dont close the position in short lose. So in my sense both are same of trading in forex or crypto trading

That's one of the reason why brokers do make demo accounts which they would let their traders to test it out without the need to pull out money from their pockets and yes once we do demo tradings confidence is really high since our mind tells us that no matter what the result is its still okay since we wont lose even 1 cent but when we trying out to live accounts story would be different at all.

[coynedterm]

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?

I think it depends upon you that how much your network is spread in your community ( practically and socially) .
Here if you have very few clients then Ofcourse you should go for the trading in the bitcoin and altcoins but if you have really numbers of the clients for your  deals then Ofcourse you can run your business in the forex  trading .
Here it is a reality that in the single deal of the forex you can make atleast 10-12 + profit , just imagine that you can multiply your money easily but condition is that you should have clients and customers .

[Oralmat]

In Forex trading, If you have big capital than you can make profit from Forex. Otherwise, if you use little amount in Forex than definitely i will tell you, you could loss your whole amount. Also in Forex, we could try to practice in demo account, it help us to learn about how to profit and recover the loss.
But in crypto currency trading, we could do it with littler capital.
But both are risky, also the main different is in Forex, we could make big profit from it, but in crypto it made for little profit.

[dunfida]

In Forex trading, If you have big capital than you can make profit from Forex. Otherwise, if you use little amount in Forex than definitely i will tell you, you could loss your whole amount. Also in Forex, we could try to practice in demo account, it help us to learn about how to profit and recover the loss.
But in crypto currency trading, we could do it with littler capital.
But both are risky, also the main different is in Forex, we could make big profit from it, but in crypto it made for little profit.

We can still make big profits out of crypto trading does really depend on which coin you would buy and its volatility and i agree on what you have said forex does really require huge some of money for you would able to start but i would tell you no matter how big it is if you dont know how to trade then its better not to engage to forex because market will easily eat you up in no time and would burn your account.

[iram3130]

Both crypto currency trading and Forex trading is not very different, it's only based on how much experience you have in trading especially when it comes to bot trading. You can make good profit with both types of trading. Both the platforms have a good ups and downs so basically it's about timing and how good you are in placing the limits.
I do cryptocurrency trading where you can see lots of pumps and dumps so you need to get the right time for a pump and dump.

[Stedsm]

Forex trading as well as crypto-trading has the same level of risks involved as both have high volatility involved as well as the higher the leverage, the higher the chances of losing your capital much quick. Forex trading has scripts available which you can try, but it has one more thing as an advantage which crypto-trading doesn't give you, you get a strategy tester to check out how the bot might work with the amount of capital that you will invest. In Crypto-trading, if you are interested in altcoin trading, you need to watch out people's interest and you are fine, else Bitcoin trading is good if done with the buy low, sell high principle, because if done leveraged trading, could lead you to big losses too.

[layoutph]

Money is so fast in Forex, so fast to bankcrupt too if you made a wrong position. Crypto is safer, money can multiply too if you spot a coin before it pumps. So my vote is for crypto.

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?

[sunsilk]

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?

I don't have enough knowledge with forex trading so for me crypto currency trading is better than it.

This is the only thing I know in forex, if you are too greedy to earn that much money , then go for forex but expect that phase there is fast too.

In crypto currency trading, you can invest with very small amount.

[Strongkored]

First I'm only do cryptcurrency trading and also because i'm only do that's trading in cryptocurrency is more profitable, I don't have much knowledge about forex and I'm do manual trading, many people said about bot can help our trading activity, but all is back in our hand.

[Barbut]

First I'm only do cryptcurrency trading and also because i'm only do that's trading in cryptocurrency is more profitable, I don't have much knowledge about forex and I'm do manual trading, many people said about bot can help our trading activity, but all is back in our hand.

I also just trade with crypto currencies, I have no interest in learning forex, even I saw many commercials here and on other places I never checked what is forex trading. Looks like they are giving some free money for learning, and many people without a job think that they can trade and earn money from that. That is not so easy as it looks like, even with crypto trading its not easy, every school needs to be paid, looks like that is the best way for learning, at least I`m learning to trade and I lost more then I earned by now.
In the end better is what brings you more money, for me crypto trading is much more familiar then forex.

[Instamined]

Forex isn't easy, yes, but the level of insider trading in crypto might just make up for that difficulty.

Forex has larger volume which trades at greater frequency as opposed to crypto which is full of situations where a handful own the majority of the shares which makes it extremely easy to manipulate. Since the distribution is nothing like fiat there is no way of determining what amount of a particular trade's volume is fake and since it's a lower market cap enterprise smaller $ values appear to be greater market swings when they're actually relative non-events. . . etc. etc.

Crypto seems to be held together by gum and staples right now.

[bitcoinisbest]

In cypto currency trading I would only consider btc as currency rest altcoin does not comes in my list as it may exists today, tomorrow morning you realize it has no value and not being traded anywhere.  Now its between btc vs Forex. For now I will go with Forex since its being regulated and being traded and accepted worldwide from long.

[Bee Leb07]

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?

I think crypto currency trading is more better as well as profitable than Forex trading. It has a great difference about the investments. You have to invest a lot of money in Forex trading. You can trade through it by using the demo account. But the real money is in the real account and without investing you cannot get the real money.
But if i consider crypto currency trading, then it is more easier than it. Because you can choose any crypto currency you want here. And if we talk about the investments, then you do not have to invest so much money here. So, crypto currency is far more better than forex trading.

[grermezter]

There are trading bots the same way for Forex trading and I will very much prefer forex trading rather than bitcoins trading and the reason is that I have no idea or the exact factors that triggers how bitcoins goes up and down. In short my knowledge on bitcoins economics is rather limited.

[naidray]

There are trading bots the same way for Forex trading and I will very much prefer forex trading rather than bitcoins trading and the reason is that I have no idea or the exact factors that triggers how bitcoins goes up and down. In short my knowledge on bitcoins economics is rather limited.

But I do believe you will find bitcoin trading very much easier compared to Forex trading once you start experiencing bitcoin trading. Compared to Forex trading, there are very less number of significant factors which are affecting bitcoin prices hence it will be much easier for anyone to perform technical analysis for bitcoin trading.

I was into Forex trading some four years back but I was not successful with me Forex trading but I learned about bitcoin trading and I am now making decent profits with bitcoin trading.

About trading bots, I never find them useful. I had faced the many losses with few scalping type of bots. For bitcoin trading I never prefer them because I am already comfortable with my manual trading. For crypto currency, up to some level like finding good volume kind of things I'm using bots but they are not doing actual trading.

[bravehearth0319]

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?

Since I I'm in bitcoin world, of course I would rather choose crypto currency trading compare into Forex trading because in crypto trading even you don't have any fund there is faucets where you can accumulate balance in a long run for you to have a bitcoin to make some trade in the future while in Forex trading it needs investment or checking account savings before you do trade in the market trading platform.

[Dmitry.Vastov]

That depends on your mastery. Forex can give you huge amount of profit. If you know what you're doing. Only professional earn a lot on forex. But this is more riskier than altcoin trading. You could lose your money in a blink of an eye. While altcoin trading is a slow moving but can give you decent profit. These form of trading are both risky. But i preffer altcoin trading because im more experienced on this field.

[ASHLIUSZ]

That depends on your mastery. Forex can give you huge amount of profit. If you know what you're doing. Only professional earn a lot on forex. But this is more riskier than altcoin trading. You could lose your money in a blink of an eye. While altcoin trading is a slow moving but can give you decent profit. These form of trading are both risky. But i preffer altcoin trading because im more experienced on this field.

As quoted it depends much on the skills one has got with respect to the market change happening with time. Professionals earn good through forex, because of its complex necessity of analysis and strategy whereas with cryptocurrency trading even a buying and selling profits you as the price variation is something an guaranteed one which changes periodically.

[Coin_trader]

both fields are high risk and both are volatile, the money you invested can be reduced or increased in value anytime, forex is good for it can regain the price of a particular currency and back into the limelight while the cryptos are very risky and when the price dived to it's lower position it's very hard to regain what have been lost, forex is better as for me but still i am for the crypto.