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Author Topic: Which one is better? Forex or crypto currency trading?  (Read 21914 times)
iv4n
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April 21, 2019, 12:56:24 PM
 #321

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.

What he is asking is impossible to answer, what is better for one person can be a disaster for other person. Even in crypto you can make some pretty baldy and risky investments, same like in forex, same like in everything else, the ones who like to risk usually are aiming for a very high profit, on any kind of market.
I never liked bots for trading, and I never used one. I like to do things by myself.

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April 21, 2019, 01:13:12 PM
 #322

Both of the way of earning money is good depends to the individual if he their skills are for trading cryptocurrecny or not or for the forex.
Depends also to the knowledge of the person and their thinking what is better because we are different personality and choices.
Most of us choosing crypto trading because we are here to trade cryptocoins not in forex right?
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April 21, 2019, 01:16:33 PM
 #323

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.
it is easy to know Forex has been existed for a long time and become a huge market for any investors but when we think which market is safer or more profitable, then i will choose Crypto because it is still a younbg market and have fluctuative price, so we can have profit from investing long term and because it is fluctuative the higher the risks we get. Choosing a really good crypto to trade is very important because that can effect entire profit such as it rise or fall faster than others.

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April 21, 2019, 02:18:52 PM
 #324

Cryptos have good volatility so if you are a good trader then you can make more profits here than forex but the high volatility make it as more risky than forex so it is on your hands who are willing to trade with high risk and high profits then crypto trading is the best.

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April 21, 2019, 02:55:45 PM
 #325

Forex trading is good when you have the right knowledge and much money. Forex trading its capital intensive unlike crypto that you can invest with the little capital you have and can still make good profit.  Forex is more volatile than crypto trading you can easliy loose your capital on forex than in crypto trading

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April 22, 2019, 02:48:26 PM
 #326

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.

Why did you decide to go to cryptocurrency then? Forex still brings profits to the best traders. For me, the crypto market is simply the most interesting thing, our future. Thus, I am here.
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April 22, 2019, 03:36:57 PM
 #327

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?

Cryptocurrency trading is better and has more profits but it's more riskier. Forex trading is more stable market but it's slow and has less profits. For me, I'll always go with the cryptocurrency trading because it's fast and easy once you master the trading techniques. You only gotta have the right trading plan/strategy that works and you are totally fine Smiley
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April 22, 2019, 04:33:39 PM
 #328

There is no difference between cryptocurrency and forex trading. Crypto is volatile in nature, so fluctuates more compared to the Forex. Though crypto is more profitable, it is a lot more risky. Now, it is up to you to decide high risk, more profits or low risk, small profits.
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April 22, 2019, 05:23:46 PM
 #329

I tried Forex trading in 2015. Did a few trades and incurred huge losses. The tips that I got never worked out. As you know, the forex market is highly volatile and if you are unlucky then your entire bank balance can vanish in a matter of few hours or even minutes. 4 years have passed after that and I am still afraid to try my luck with Forex.

Can't tell about crypto-trading because I have never tried margin trading with cryptos.
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April 22, 2019, 05:41:07 PM
 #330

There is no difference between cryptocurrency and forex trading. Crypto is volatile in nature, so fluctuates more compared to the Forex. Though crypto is more profitable, it is a lot more risky. Now, it is up to you to decide high risk, more profits or low risk, small profits.
Both were more volatile market, and I feel more comfortable with cryptocurrency trading. Though the risk involved is high I have trust upon cryptocurrency that what we invest will surely get us some profit some day. With forex I was unable to get such a trust, maybe I was much into crypto than forex.

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April 22, 2019, 06:00:51 PM
 #331

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?

between forex and crypto trading each has advantages and disadvantages, which is more profitable? it depends on the trader itself, because every trader has different abilities, the strategy between forex and crypto is the same, but forex is easier to predict than crypto, I personally prefer crypto trading rather than forex.
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April 22, 2019, 09:05:53 PM
 #332

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?
Each trader should determine for himself where he will trade comfortably. It should be borne in mind that trading in the crypto market is much more dynamic than in the forex market. There is a lot of volatility, big risks, but also the ability to earn a lot sums of money is much higher. Some of my familiar traders combine trading in both markets.
As for the use of bots, I personally don't approve of this. I think that only I can make the right decision in a non-standard situation, while a bot can quickly lead me away in minus. But everyone must make a decision for himself, assessing all the risks.
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April 23, 2019, 07:40:29 AM
 #333

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.
In your youth!  Then how old are you now buddy?  I think cryptocurrencies trading and forex are the same thing and follow the same trading pattern just that one is old and has been existing for years and why the cryptocurrencies is new and has makes great impact on our life.
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April 23, 2019, 12:20:14 PM
 #334

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?
Each trader should determine for himself where he will trade comfortably. It should be borne in mind that trading in the crypto market is much more dynamic than in the forex market. There is a lot of volatility, big risks, but also the ability to earn a lot sums of money is much higher. Some of my familiar traders combine trading in both markets.
As for the use of bots, I personally don't approve of this. I think that only I can make the right decision in a non-standard situation, while a bot can quickly lead me away in minus. But everyone must make a decision for himself, assessing all the risks.
Indeed, each person should determine where they feel comfortable and suitable for them, comfort here means they can easily learn, gain knowledge and experience, there is no discouragement in the process. However, I do not encourage people to participate in both markets even when we have talent in both because we are human, we are not monsters, focusing on one place will be more effective, instead of both, and talk about the use of bots, it always has problems and makes traders lack of practical experience, don't use it will be the best

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April 25, 2019, 07:11:44 AM
 #335

FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major  upward movement

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April 25, 2019, 08:44:32 AM
 #336

Since I 'm not quite familiar with the Forex trading, I would rather go with cryptocurrency due to that I've started since I was newbie here.
And in my assessment in crypto currency its that too complicated compared to Forex trading in my perception only. Though are just both trading aspects but different form of currency were it is in between Fiat and digital currency.
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April 25, 2019, 10:13:22 AM
 #337

   
Bitcoin is clearly not a functional currency , it can handle only about 1000 transactions per second. Bitcoin exchanges can’t handle even few million $ order without crashing, they are prone to changing govt regulations, hacking and exposure to darker elements of society. Its not easy to convert your wallet to fiat currency (even 10K $ worth).

Although Forex is also speculation venture. Forex is very well established with Trillions of $ per day trade, amazing liquidity, so it can not be cornered by a single trader. For me choice is clear.
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April 25, 2019, 10:22:16 AM
 #338

Both forex and crypto trading is good its depend to the trader how they can manage their trading strategy to make a good profits. But of course this two are have differences like liquidity, so choose wisely that will be alright to you.

http://7hash.com?ref=7f466fb77323861
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April 25, 2019, 08:31:08 PM
 #339

FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major  upward movement
Lol. What does ETF had to do with whether the price is going up or not? The price has been going up for long and there wasn't anything like ETF then. We saw a Bull run in 2017, were there anything like ETF then? No. So you' all should stop saying this, you don't know anything about whether the price will go up then or not, it might still remain as it is (fluctuating), the price might even fall down because they might say this price is not accurate, or it might even become very stable (which is what a lot of people here wouldn't like because they want it to be stable).

Both forex and crypto trading are good depending on which one that you understand works better for you. But, if you ask me choose, I'd choose binary trading and crypto trading, but like I said all of them are good. Why I choose binary trading is because it is very easy, and all you have to do is put the UP or Down on which direction the price will be moving. A lot of binary options now allows their users to trade cryptocurrency ;Bitcoin, Ripple and Ethereum and more.

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April 25, 2019, 09:18:00 PM
 #340

FX may have large market due to the central control system, but don't forget that the system is still control by on small group of elite that make the key decision. Let the ETF be passed on Blockchain (Crypto) , we will see a major  upward movement
Lol. What does ETF had to do with whether the price is going up or not? The price has been going up for long and there wasn't anything like ETF then. We saw a Bull run in 2017, were there anything like ETF then? No. So you' all should stop saying this, you don't know anything about whether the price will go up then or not, it might still remain as it is (fluctuating), the price might even fall down because they might say this price is not accurate, or it might even become very stable (which is what a lot of people here wouldn't like because they want it to be stable).

Both forex and crypto trading are good depending on which one that you understand works better for you. But, if you ask me choose, I'd choose binary trading and crypto trading, but like I said all of them are good. Why I choose binary trading is because it is very easy, and all you have to do is put the UP or Down on which direction the price will be moving. A lot of binary options now allows their users to trade cryptocurrency ;Bitcoin, Ripple and Ethereum and more.
For fast results then I would go for binary but this is somewhat like gambling if you don't know on what you are doing so before jumping in with Binary
be sure that you familiarize on how this thing works.Most newbies do believe on easy money that's why instead on making binary as a sort of serious thing they
do rather treat it as a gamble which is very wrong.

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