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Author Topic: Which one is better? Forex or crypto currency trading?  (Read 21914 times)
QueenW
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April 25, 2019, 10:25:13 PM
 #341

There are pros and cons on both markets. Therefore, choose based on your goals. For example, if you want to arrive quickly, then the cryptocurrency market will do for this.

 
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April 26, 2019, 07:36:59 AM
 #342

Well, in profit wise cryptocurrency trading is very profitable, but it is very risky, so you have to keep that in mind. On the other hand, Forex trading is less risky and the profits are also low.

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April 30, 2019, 01:49:51 AM
 #343

The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.

 
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April 30, 2019, 10:55:56 AM
 #344

Never been a big fan of forex. I personally like stocks. Even more than crypto. Most cryptos don't reward you with any kind of dividend. Some altcoins do, but the risk associated with altcoins is often far to high compared to that of stocks.

Anyways, here's a cool article that helped me decide whether I should trade crypto or stocks:

https://cryptotradernews.com/investing-trading/should-you-invest-in-stocks-or-crypto/
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April 30, 2019, 11:25:20 AM
 #345

The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.
Agree that choice by hobby is a good thing but hobbies and jobs to make money are two different concepts, we should understand that problem, a very good example is that in our lives, many people follow their passion but the number of people who succeed with what they like is very little. So, do not choose what we like, choose what we know, what we can be confident of and make money from it, crypto trading or forex trading, we cannot judge which one is better when the tool to make money is only good when the participant has enough qualities and skills

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May 02, 2019, 06:56:24 AM
 #346

I was regularly using forex for money exchange but after a point, I started using crypto trading because of the more benefits and amount difference. Forex trading is good only when you want to trade for any specific country currency, for the investment purpose Cryptocurrency Exchange is the best option.
For detailed information about online cryptocurrency exchange visit: https://www.evonax.com/
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May 02, 2019, 09:21:40 AM
 #347

The answer is simple - the greater the risk, the greater the profit, the lower the risk, the lower the profit. Therefore, choose what you prefer.
well, I agree. choose according to your needs. basically both have the same potential and risk. it all depends on the strategy you have. for now, I only focus on cryptocurrency. that's because I really like the development of the blockchain.
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May 02, 2019, 09:35:54 AM
 #348

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?
Personally I am very supportive and really like doing Crypto Trading. I think crypto trading is an easy and fun thing. There are also so many opportunities that we still have a huge opportunity to do trading. As a percentage, I will trade Crypto as much as 80 percent and the rest, I will trade forex.
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May 02, 2019, 01:41:03 PM
 #349

According to my experience Crypto trading is better than Forex trading. Crypto trading is very easy and safe than forex. Personally like to do crypto trade most.

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Golftech
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May 02, 2019, 02:05:32 PM
 #350

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?
Personally I am very supportive and really like doing Crypto Trading. I think crypto trading is an easy and fun thing. There are also so many opportunities that we still have a huge opportunity to do trading. As a percentage, I will trade Crypto as much as 80 percent and the rest, I will trade forex.
Crypto still in it's infancy period while forex already have a crowded venue, they've got some similarities in terms of patterned to be followed, it's the traders who read and study their ventures will have a good opportunities, crypto trading still have a lots of good and profitable to gives in as long as you are willing to learn and take some risk.
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May 02, 2019, 02:21:51 PM
 #351

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 am more unto Crypto Trading because for me it is easier for me to handle compared to Forex, probably because I haven't tried it yet besides, I have more knowledge in the Crypto community. Crypto trading industry also has a lot of good exchange that also have unique features like Darb which support trading between FIAT and cryptocurrencies. And every trade you've made, you will obtain Darb token at the same time. On the other side, I have no total idea on Forex trading.
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May 02, 2019, 04:50:21 PM
 #352

i think i will choose Crypto because Forex is an old market in this world so it is more stable than crypto market and because of that, we can not have much profit if we invest small. In contrast, i can earn double or tripple the amount of money i have invested in crypto market, so it depends on each of us, not anyone can earn profit in forex but in crypto we can make the huge profit come along with huge risks.
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May 03, 2019, 10:36:35 PM
 #353

I think they are two different but seriously similar things in the way they both trade assets but market structure are different since you have different group of traders and crypto for me is the one that gets more manipulated more than Forex but otherwise they have same methods process and graphs pattern so if you know one type of trade it can be applied to the other

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May 04, 2019, 11:12:09 AM
 #354

There are enough tools out there that will help you trade anything. Whether you're into forex, crypto, stocks...

I really like stocks above any other asset. Mainly because a lot of stocks pay dividends which gives me a reason to own such asset. With crypto going up and down like crazy... I end up finding myself looking at graphs praying for the damn thing to go up lol If it does, I win. If it doesn't, I lose. with stocks, whether the thing goes up or down... I'm still getting paid for holding it Smiley

Anyways, here's a cool article that helped me decide whether I should get into stocks or crypto.


https://cryptotradernews.com/investing-trading/should-you-invest-in-stocks-or-crypto/
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May 06, 2019, 07:04:49 AM
 #355

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 quite agree with you that the Forex trading industry is a stable one unlike the erratic crypto market. More so, Forex has a daily turnover of over 5trillion dollars while we are still battling with a mere 200billion in the crytoto market. Also, it's easier to understand where the market could be heading and there are certainly no pumps and dumps. We could talk about manipulation but that's a general problem of every business. I prefer Fx to crypto.

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May 10, 2019, 12:23:52 PM
 #356

As a crypto trader I want to say that crypto currency trading is the best trader the people who trades on Forex they will say that Forex trading is best and those who trades on local stock market they will say that local stock market is the best. So, the opinion might be vary.
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May 10, 2019, 12:34:31 PM
 #357

They work both the same but for me i preffer cryptocurrency trading more compared to forex,ive tried forex trading before yes its just like cryptocurrency trading the difference is you need to be more precise on forex to earn money one mistake can mess you up bigtime on forex compared to cryptocurrency

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May 12, 2019, 06:30:14 PM
 #358

They work both the same but for me i preffer cryptocurrency trading more compared to forex,ive tried forex trading before yes its just like cryptocurrency trading the difference is you need to be more precise on forex to earn money one mistake can mess you up bigtime on forex compared to cryptocurrency

Forex seems to be a bit tiresome. It is more interesting and exciting to trade cryptocurrencies. Additionally, the crypto market is new, and we are waiting for some innovations there.
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May 12, 2019, 06:47:10 PM
 #359

I believe that cryptocurrency is currently much more interesting for trading because it is more volatile. And in the cryptocurrency market you can see the real trading volumes, which cannot be done in Forex.

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May 17, 2019, 06:01:41 PM
 #360

I believe that cryptocurrency is currently much more interesting for trading because it is more volatile. And in the cryptocurrency market you can see the real trading volumes, which cannot be done in Forex.
Cryptocurrency is interesting but it require too much fundamental and technical research and also crypto has a lots of good and bad news which can affect the crypto market.
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