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Author Topic: Which one is better? Forex or crypto currency trading?  (Read 21914 times)
gabmen
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July 25, 2018, 04:50:16 AM
 #221

Forex and crypto currency are very different but these two are good for making more profit. But my choice is crytocurrency because it's very easy for trading

Crypto trading is not that easy too but it is still far more better than forex. I didn't attempt to trade forex because the required capital for you to have profit is quite big compared to cryptocurrency trading. I understand better how the crypto trading works and I don't want to attempt leverage trading because I am too noob for that. I just prefer the traditional buy and sell in crypto. Those who have been trading in forex successfully maybe successful in crypto trading as well because they already know how to control their emotions.

Well let's just say that the crypto market is a lot more volatile than forex hence more movement, so chances of making profit would be quicker with probably bigger earnings. But being more volatile, it's also more risky. So it depends on how much of a risk taker the trader is.

 
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July 25, 2018, 12:02:25 PM
 #222

Bitcoin as well as Forex are the same but Bitcoin is called a virtual currency not issued by a bank but for the issuer bitcoin called miner, Forex trading is regulated by the central bank of each country.
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July 25, 2018, 12:57:31 PM
 #223

Well let's just say that the crypto market is a lot more volatile than forex hence more movement, so chances of making profit would be quicker with probably bigger earnings. But being more volatile, it's also more risky. So it depends on how much of a risk taker the trader is.

I agree, the main plus and minus of crypto trading is volatility. We are now experiencing the best moments in crypto trading, when major players come out and regulation from the state will reduce volatility and everything will look like the Forex market
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July 25, 2018, 03:35:45 PM
 #224

what is better maybe I can not answer because the same have the deficiency and the advantages of each and that means depending on their own taste to choose which one
forex and crypto equally have the same strategy basically TA and fundamental analysis but I think forex more accurate in TA analysis and crypto bigger influence on fundamentals
and forex basically often use margin to double earnings who can make big profits or lose everything
and crypto maish more often does not use margins that make assets safer and do not lose all existing assets and only wait for the time to reduce losses or hold until it is truly profit
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July 25, 2018, 04:20:25 PM
 #225

For me the most better is cryptocurrency trading than to forex although it is profitable but not totally makes you satisfied with profit unlike in cryptocurrency trading you will earn an income or profit in daily basis that makes you profitable enough. Cyprtocurrency trading when you buy a token and the price falls, your estimation goes down and your money hasn't gone away when you hold it and not stop it, then tomorrow your purchased token will increase by 10%, so luck for you 10% of the initial capital.
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July 25, 2018, 04:43:35 PM
 #226

I guess it's very simple to trade in crypto. Only crypto currency seems to me much easier than forex, there I could not really understand something for a stable profit.
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July 25, 2018, 05:12:20 PM
 #227

In forex you can loose all of your money, There is no chance of holding, In crypto you can hold if you have patience. Crypto is more profitable than forex.
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July 25, 2018, 07:23:46 PM
 #228

Cryptocurrency and forex trading are very profitable if you know what you are doing. Forex trading involves predicting prices of currencies while crypto trading involves one to buy the actual asset itself. They both have their pros and cons. But both of them are very profitable
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July 25, 2018, 08:32:24 PM
 #229

In forex you can loose all of your money, There is no chance of holding, In crypto you can hold if you have patience. Crypto is more profitable than forex.

I also think that it is more interesting to trade in crypto currency. I only trade cryptocurrency now. This is not only profitable. But also interesting. Simply excitement. Sometimes you go out for 3 minutes, and the market has already changed, and you took a profit  Cool
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July 25, 2018, 09:28:23 PM
 #230

In forex you can loose all of your money, There is no chance of holding, In crypto you can hold if you have patience. Crypto is more profitable than forex.

I also think that it is more interesting to trade in crypto currency. I only trade cryptocurrency now. This is not only profitable. But also interesting. Simply excitement. Sometimes you go out for 3 minutes, and the market has already changed, and you took a profit  Cool

I would recommend of course crypto currency trading, less hassle and you don't need to do a lot of paper works for you to have it and for you to withdraw your funds since you can withdraw it instantly, and one thing is that it is not controlled by our government so you are free to earn as much as you can unlike in forex wherein it is controlled by the government.
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July 25, 2018, 09:55:13 PM
 #231

In forex you can loose all of your money, There is no chance of holding, In crypto you can hold if you have patience. Crypto is more profitable than forex.

I also think that it is more interesting to trade in crypto currency. I only trade cryptocurrency now. This is not only profitable. But also interesting. Simply excitement. Sometimes you go out for 3 minutes, and the market has already changed, and you took a profit  Cool

I would recommend of course crypto currency trading, less hassle and you don't need to do a lot of paper works for you to have it and for you to withdraw your funds since you can withdraw it instantly, and one thing is that it is not controlled by our government so you are free to earn as much as you can unlike in forex wherein it is controlled by the government.

Hah, you are absolutely right! Crypto currency trading is fun and can be profitable also. Mainly you need to educate yourself in the one you wish to start with. Without any stress! Just take care and have fun from all this process  Cool
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July 25, 2018, 10:09:50 PM
 #232

Methods of trading in the Forex market and in the market of crypto currency are almost the same, but their profitability is different. On the crypto-currency market you can earn much more money than in the usual financial market.
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July 25, 2018, 10:43:14 PM
 #233

For me i prefer for crypto trading because there is a lot of coins to trade depends on your preferences but i think also cryptocurrency is much profitable than Forex trading. Another thing i like crypto trading because it is easy to make a transaction like deposit and withdrawal.
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July 27, 2018, 11:14:53 AM
 #234

I think personally in forex trading does have the same concept. But in forex more go into the level of prediction or analysis on the money holders in the world. If for cryptocurrancy more likely to trade the wearer or a coin fan. In the future cryptocurrancy market will be the best market in human history in good profit.
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September 07, 2018, 09:32:14 AM
 #235

Actually each both has the same risk , but i have seen crypto trading offer higher profit because the fluctuacion more high. If we want to be a professional trader we should do both trading , and we can do it by the same times , because on each open potition we can use technical analysis. And now many broker forex also provide pair of crypto in their Meta Trader 4. Price action of all crypto is the same now so we should be trade on others asset to make others profit.

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September 07, 2018, 12:47:05 PM
 #236

Forex and crypto currency are very different but these two are good for making more profit. But my choice is crytocurrency because it's very easy for trading

I agree with you, Cryptocurrency trading is easy and better than forex. Because forex trade is more stable and skill based than cryptocurrency trade. It tasks more time, more initial information about trading and sadly less profit than cryptocurrency trading. Cryptocurrency trading can make you very good money and very fast than forex. The forex market is the global market where people exchange currencies in the hopes of making the profit from the volatility in the exchange rates of different currencies.  Cryptocurrency trading is essentially similar to forex trading because traders try to make a profit on the volatility in the price of different cryptocurrency.
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September 07, 2018, 02:46:25 PM
 #237

If you'd be more familiar with forex trading, i'd say that the same techniques work well in cryptos, there's just much more volatility and uncertainty because it's much easier to manipulate low liquidity market.

Overall, i've changed very few things when migrating from forex to cryptos.
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September 07, 2018, 02:58:47 PM
 #238

I don't understand forex with fees so I can't give a decision and I'm comfortable with what's in crypto so I still prefer crypto as a trade that does
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September 07, 2018, 02:59:10 PM
 #239

I think crypto trading is the most profitable, because crypto prices are very volatile so it is very profitable if used for trading. There are many bots for forex, like EA forex. But this will not help much I think, it is impossible for a trading bot to generate profit continuously. And in terms of strategy and methods they are very different. We can analyze the forex market by looking at the news because it is affected, but in crypto we cannot analyze only with news because the crypto market is unpredictable. Besides that, different price fluctuations make them have different characteristics so the strategy will be different in analyzing.
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September 07, 2018, 05:59:15 PM
 #240

The question is where's your best skill ?? forex and crypto trading have a different strategy but same profit. Bitcoin I believe like commodities when up will fly when down never come up. Forex is more complicated, like playing chess with football.
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