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FUD Expert
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February 03, 2019, 05:57:06 AM |
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I pick crypto over forex. My government here does not allow forex and I agree with their reason that it's very risky. Because you'll never know when a country will progress or go through a crisis. It's hard to monitor without the fundamentals which is present in crypto or stocks.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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Salauddin1994
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Activity: 868
Merit: 15
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February 03, 2019, 06:05:39 AM |
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There is a lot of difference between crypto and forex, especially in crypto, if there is a possibility of loss of one-time loss, if you understand how to trade by listening to it, then it is important to know about the movements of the Mercantile and all the world, maybe some of your money may be in crypto It will remain stuck for it but it will not be completely lost as it is on Forex.
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livingstone9
Newbie
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Activity: 90
Merit: 0
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February 04, 2019, 03:45:37 PM |
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For me I will say crypto is more profitable because in if you put more time on it with any investment you can still make out some cash but forex you need investment
but both are profitable for my opinion because both had same positive and negative equally, then the money making way is also very easy in both of the field, people also using both in same in their life. there are some people that don't use money to start crypto but you can't do that in forex |
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raghovsing34
Jr. Member
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Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
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February 04, 2019, 06:53:11 PM |
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
According to me, cryptocurrency trading is better than forex trading. Because forex trading so much risky and I faced lot of losses and other side crypto trading is less risky and profitable. |
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arpon11
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February 04, 2019, 08:13:24 PM |
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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?
Forex trading is a bit stable market to me and if you have developed your skills and knowledge on interpreting the market using candlesticks formation and some indicators you can easily predict the market and get some profits out of the market. Cryptocurrencies market is a different think and we can actually make money from the market using technical and fundamentals analysis but the volatility is too high that most time the breakouts do cause Suspending of the existing market pattern. Trading with bots is not much advisable to me. I could remember how in 2011 I lose huge amounts of money through bot and since then I hate trading using bots or robots. |
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PuertoLibre
Legendary
Offline
Activity: 1834
Merit: 1003
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February 04, 2019, 08:26:59 PM |
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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?
Forex trading is a bit stable market to me and if you have developed your skills and knowledge on interpreting the market using candlesticks formation and some indicators you can easily predict the market and get some profits out of the market. Cryptocurrencies market is a different think and we can actually make money from the market using technical and fundamentals analysis but the volatility is too high that most time the breakouts do cause Suspending of the existing market pattern. Trading with bots is not much advisable to me. I could remember how in 2011 I lose huge amounts of money through bot and since then I hate trading using bots or robots. Speculators can move the market with low liquidity and marketcap. Cryptocurrencies are perfect example for trapping others with hot money which flows between financial markets. Low liquidity gives advantage to create shooting star type of price bars on charts and long wicks are created by speculators. Situation is not same on spot forex market. Hedge funds are regulated and they are not allowed to intervene for taking more profit. Automation is usable in case of having working strategy with proven history. |
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hridoyb
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February 04, 2019, 10:44:46 PM |
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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 have no idea about forex trading and you find many apps on google play store about forex related.So if you intereste on forex try to create demo account forex site and trade but crypto is more profitable.if you buy real project hope you must be getting 2x profit for long term hold. Crypto market always running and there have lots of trusted site if you want to trade . |
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nelson4lov
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February 04, 2019, 11:19:44 PM |
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each person must have their own opinion. as I am more inclined towards the crypto currency trading, I can more easily retrace groove existing price movements. but returned to the favorite. forex and trading crypto currency is the same. the important thing is you have to do both with the best possible, work harder to get what we want.
I'd go with Crypto trading. It's more or less the starting point for a beginning trader. I can't say the same for Forex with all the big players in the market. But unlike forex, Crypto is a lot more easy. I mean, There aren't a lot of "big players" and small to medium traders like us can take part in trading the market. I've tried forex in the past with no luck but go a break through with Crypto. That's what I'm talking about |
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Ranly123
Full Member
Offline
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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February 20, 2019, 10:16:31 AM |
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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 can see the complexity of crypto and forex are different. Forex exchange has low volatility compared to cryptocurrency, so doing trades in forex takes you less profit compared to cryptocurrency where in the risk is high yet the return would also be high (that is if you are lucky that you can buy low and sell at high). |
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wayaneka
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February 21, 2019, 03:31:46 AM |
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This is depend on the risk management and trading plan, in bull market is better to trade crypto because this trend will promising high profit in short times, like 500%-1000% just in amonth and in forex very hard to get this number of profit. But in bearish trend is hard to earn profit in crypto trading, so forex trading will be others place to trade to make profit because we can earn profit from long and also short potition by use leverage. So my idea doing trading in crypto when bull market only but after earn profit use some that profit to trade in forex market.
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Goodvalony
Member
Offline
Activity: 616
Merit: 16
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February 26, 2019, 10:27:48 PM |
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i go with crypto trading because it is easier to understand and it is flexible. i prefer trading crypto because i know the foundation and the fundamentals involved. forex is not as easy as it seems to me and it deals with fiat. i can not bear loosing my hard earn money.
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lovesybitz
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February 26, 2019, 11:33:37 PM |
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It is much more better and good for me if I choose crypto currency trading. Besides, this is where I started to begun with here.
Also crypto currency is much easy to understanding rather than Forex, because according to my observation you don't need to show any capital if you want to make some trade in crypto trading while in Forex, you are oblige to show at least 50$ or 100$ if I am not mistaken.
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Anait
Member
Offline
Activity: 218
Merit: 11
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February 26, 2019, 11:46:05 PM |
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Different users will be having difference in opinion about the industry upon which they make meaning to it. Every suggestion has got complications, while trading gives ease of access to go through the market and make realistic predictions to compensate with eating.
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Victorycoin
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April 19, 2019, 02:24:28 PM |
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It is same type of question what is first egg or hen. Forex and crypto almost same and on the same time they are different. The thing your learnt more the thing is better for you. I mean if you learnt good in crypto then crypto is good same for forex.
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pundit
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April 19, 2019, 04:23:02 PM |
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If we talk about technical analysis trading then Forex trading and Crypto trading are not different. You can predict crypto price with the same indicators/chart as you predict forex market. If we talk about overall market scenario then I must say Forex market is much much advance than crypto market. Volume in crypto market is not that high but in forex market volume is very high, one need not to wait for buying or selling anything. Trading tools in forex are very advance, MT4 trading terminal allows you to add many technical indicators for technical analysis, it provides facility of closing the trade with single click. MT4 mobile terminal is also very advance but in cryto I have not seen any such terminal yet. Crypto market is in early phase, it will take a long time to have advance features like Forex market.
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moynul2050
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April 19, 2019, 05:09:54 PM |
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what I know is that Forex trading is very risky, this trade is more risky than trading crypto currencies. because if we guess the price wrong we will lose all assets. whereas crypto currencies are not that risky.
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cryptolord2077
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April 19, 2019, 07:34:18 PM |
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In my youth, I tried to trade in Forex, as it seems to me, trading there is more stable and is subject to study of more types of analyzes than crypto.
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Hamphser
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April 19, 2019, 07:37:59 PM |
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In my youth, I tried to trade in Forex, as it seems to me, trading there is more stable and is subject to study of more types of analyzes than crypto.
I can attest to that yet im a forex trader too when im still starting fully with trading but i switch to crypto and leave out forex due to profit difference. Here on crypto you can earn too fast due to volatility and huge price swings but expect the risk is doubled compared to forex thats why its better to watch out. |
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Victorycoin
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April 21, 2019, 12:05:34 PM |
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In my youth, I tried to trade in Forex, as it seems to me, trading there is more stable and is subject to study of more types of analyzes than crypto.
My think is totally opposite of you. From Forex your balance might be 0 and you cant go back when you reach 0. But on crypto you will never be 0 and you can go back. Because if its price goes below then it will rise again. |
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whirlcoin
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April 21, 2019, 12:35:00 PM |
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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?
in cryptocurrency trading the risk involved in it was little less than the Forex trading so I think it will be profitable also for my work but it depends on each and everyone economic situation do what is best for you and everything will be comfortable at the end you can do it the work properly. |
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