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Author Topic: Which one is better? Forex or crypto currency trading?  (Read 21994 times)
KuromaYoichi
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April 27, 2017, 12:56:01 PM
 #61

I don't know which one is better, but i can say that crypto trading is easier than forex. I've a shallow experience in forex trading, usually they provide the demo account for you to test and practice, but based on what i experience, you have to know many issue to predict the price movement, in cyprto it's easier to follow the news of one coin. The amount of capital is another problem, you need more money to do forex, in crypto you can start with a little. 

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Mirconome
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April 27, 2017, 01:01:16 PM
 #62

I don't know which one is better, but i can say that crypto trading is easier than forex. I've a shallow experience in forex trading, usually they provide the demo account for you to test and practice, but based on what i experience, you have to know many issue to predict the price movement, in cyprto it's easier to follow the news of one coin. The amount of capital is another problem, you need more money to do forex, in crypto you can start with a little. 

I tried Forex, but there everything is quite difficult for me. With a crypto currency, you do not need to bother at all, it's just enough to keep track of the price.
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April 27, 2017, 01:13:54 PM
 #63

if you know trading as much as to call yourself professional, then it doesn't matter what you trade as long as you are making profit. and in cryptocurrency trading there are a lot of profits to be made, you can always make profit in Forex for sure but you will never ever in a million years find a pump there for example from $4 to $11 in 2 days! or $50 to $101 and so on. and these are all big and short term profit waiting to be collected.

Yahh, is actually the name of the trader will not have the impact that was good enough to be able to benefit. Because every advantage that we get in trading caused our desires are very powerful and also we always use a good strategy. In trading does not need a name to be able to benefit, the main thing is to achieve a profit then if we could achieve a profit then it is sure we are professional traders. However, if otherwise then it's just a regular trader
 
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April 27, 2017, 01:57:41 PM
 #64

I don't know which one is better, but i can say that crypto trading is easier than forex.
The definition for what is system could be variable among people, still if crypto trading is easier for you then that must be a better system for you for consistent profit making. I was also into Forex trading for some years but could not manage profitability there. For me too, cryptocurrency trading is better one.

I've a shallow experience in forex trading, usually they provide the demo account for you to test and practice, but based on what i experience, you have to know many issue to predict the price movement, in cyprto it's easier to follow the news of one coin. The amount of capital is another problem, you need more money to do forex, in crypto you can start with a little. 
From my experience, I believe I got all my knowledge from Forex trading but I got opportunities to use my knowledge only in crypto trading and I believe I'm getting the reward for my knowledge and skill only through crypto trading. Cyrpto world is relatively newer one hence we are not having enough resources like demo accounts /materials on different trading tools. But these are all available easily for Forex trading.
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April 27, 2017, 03:01:02 PM
 #65

For me personally, and forex trading does have the same concept. but in forex more goes into the level of prediction or analysis on the holders of money that exists in the world. For crypto are more likely on trading the wearer or enthusiasts of the one coin. And also not all trading have the same technique, usually people who are successful in the trading are those who always do innovation and seeking answers from every problem that exists. And also a software bot is definitely has a weakness in the prediction and analysis, so that the bot is less effective for a trader to make a profit
 
Yes if we compare the two, the forex and crypto-currency we can see that both is way different to one another. So if we will going to have an test or comparison we need to experienced the both concept. As a trader of former crypto-currency I can say that in all aspect of trading there is always risk. It depends on the trader on how he/she will manage her/his transaction. Forex is indeed need prediction because not like the bitcoin it has depending form of subject must needed to be learn.
Victorycoin
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April 27, 2017, 04:55:17 PM
 #66

Even you are using Demo account on Forex you don't lose anything and it doesn't make you lose compared with using real account.
What I can say is crypto trading is most easier than forex because you have lot of coins to choose.
Yes crypto trading is easier than outright forex trading, but it is certainly not because there are lot of coins to choose from. The simplicity of crypto trading lies on the fact that it is not leveraged and the double edged sword role that leverage plays in forex trade is not applicable here, thus placing a limit to what profit/loss that is possible from any one executed order. A better way to see it, is that crypto trading is a subset of forex trade.
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April 27, 2017, 05:09:57 PM
 #67

Cryptocurrency trading is definitely better than Forex. I do not like Forex because there are too many people use it to scam, trick, fraud other people into a trap and lose a lot of money.

None of the above
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April 27, 2017, 05:51:07 PM
 #68

Cryptocurrency trading is definitely better than Forex. I do not like Forex because there are too many people use it to scam, trick, fraud other people into a trap and lose a lot of money.

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 significantly
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April 27, 2017, 07:29:47 PM
 #69

Cryptocurrency trading is definitely better than Forex. I do not like Forex because there are too many people use it to scam, trick, fraud other people into a trap and lose a lot of money.

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 significantly
Not profitable, but interesting ? What you mean ? Please do not approach any kind of trading in this way because I am just smelling you are treating your trading how people are doing with their gambling. It is very dangerous. You can find your excitement for free of cost in many other ways and do not waste your money in trading for your excitement.

Cryptocurrency trading will be profitable if you are ready to dedicate some time for it. Better learn how to do cryptocurrency trading profitably otherwise simply quit it.
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April 27, 2017, 09:17:14 PM
 #70

I dont really agree with the point of view which tells us that forex is better than altcoin trading, or reversed.
None of these things are better than each other, it is about totally different thing: the skills of the trader.

If someone knows the cryptocurrency markets very well, and can spot a coin which has potential/or not, then goinf into this market is a better idea than FX.

But if you have used to forex, then just stay with it and make profit the way you already know.

Smiley
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April 28, 2017, 12:55:38 AM
 #71

I dont really agree with the point of view which tells us that forex is better than altcoin trading, or reversed.
None of these things are better than each other, it is about totally different thing: the skills of the trader.

If someone knows the cryptocurrency markets very well, and can spot a coin which has potential/or not, then goinf into this market is a better idea than FX.

But if you have used to forex, then just stay with it and make profit the way you already know.
Correct that both exchange is good to used with different currency. that is why it is depending on the people which is they prefer to trade, digital currency or real money. And of course much better if you try both exchange you could maximize you earning in both currency.
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April 28, 2017, 11:02:45 AM
 #72

It's wild jungle when you are trading in cryptocurrency,because it's not regulated compare to forex where it's subject to regulation,any team can set up a exchange and we never know who are behind that exchanges and there's a new coins coming up when it comes to trading in crypto currency.

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April 28, 2017, 12:29:16 PM
 #73

Cryptocurrency trading is definitely better than Forex. I do not like Forex because there are too many people use it to scam, trick, fraud other people into a trap and lose a lot of money.

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 significantly
Not profitable, but interesting ? What you mean ? Please do not approach any kind of trading in this way because I am just smelling you are treating your trading how people are doing with their gambling. It is very dangerous. You can find your excitement for free of cost in many other ways and do not waste your money in trading for your excitement.

Cryptocurrency trading will be profitable if you are ready to dedicate some time for it. Better learn how to do cryptocurrency trading profitably otherwise simply quit it.
Because crypro trading offers a simpler approach, it is common sight to hear a good number of supposed traders arguing that knowledge and skills are irrelevant to profitable trading and so we are having the number of gambling traders on the increase instead of reducing, because of been fed by ignorance and laziness. These type of traders are actually making the exchanges happy and the reason we are seeing exchanges springing up like mushrooms!
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April 28, 2017, 01:35:15 PM
 #74

I dont think any of these is a better one because if you have skills and knowledge how to do trade and the use of both there you will earn money. In stratedgy both have different because in forex there is only a fast time for you to make trade in a single minuyes unlike in cryptocurrency sometime you need to wait for it to be pumped .
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April 28, 2017, 02:21:53 PM
 #75

For me, the better is cryptocurrency trading than forex. The reason is, the cryptocurreny trading has reach to far unlike forex is just starting. So because cryptocurrency is still alive until now it does mean that it is successful. So don't waste your time on forex let's go on crypto.
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May 06, 2017, 07:12:07 PM
 #76

For me, the better is cryptocurrency trading than forex. The reason is, the cryptocurreny trading has reach to far unlike forex is just starting. So because cryptocurrency is still alive until now it does mean that it is successful. So don't waste your time on forex let's go on crypto.
Whoa! Wondering if you have ever traded or understands what forex trade is really all about! I think you need to know that forex trade has been in existence from long ago and it is rather crypto trading that just got started. Everyday average of $5.3 Trillion Dollars is traded in the forex market and there is no other market that compares to it in volume, see for yourself:

KesoNie
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May 07, 2017, 10:33:36 AM
 #77

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?

both you have to risk something, you need to research for it first, they are both good but you need patience and keen observation, it has a money and a lot of risk to be put in.
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May 07, 2017, 10:59:47 AM
 #78

For me, the better is cryptocurrency trading than forex. The reason is, the cryptocurreny trading has reach to far unlike forex is just starting. So because cryptocurrency is still alive until now it does mean that it is successful. So don't waste your time on forex let's go on crypto.
Whoa! Wondering if you have ever traded or understands what forex trade is really all about! I think you need to know that forex trade has been in existence from long ago and it is rather crypto trading that just got started. Everyday average of $5.3 Trillion Dollars is traded in the forex market and there is no other market that compares to it in volume, see for yourself:


Comparing the volume of money being traded everyday then cryptomarket would really be just on a small dust and theres no really match when you do compare it but still both are trading but trading forex is more complex than crpyto because i have tried already to trade on forex and account been burned so easily because market is very very unpredictable no matter how you do analyze.

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May 07, 2017, 11:21:40 AM
 #79

For me, the better is cryptocurrency trading than forex. The reason is, the cryptocurreny trading has reach to far unlike forex is just starting. So because cryptocurrency is still alive until now it does mean that it is successful. So don't waste your time on forex let's go on crypto.
Whoa! Wondering if you have ever traded or understands what forex trade is really all about! I think you need to know that forex trade has been in existence from long ago and it is rather crypto trading that just got started. Everyday average of $5.3 Trillion Dollars is traded in the forex market and there is no other market that compares to it in volume, see for yourself:

[im g]https://media.dailyfx.com/illustrations/2014/01/24/FX_Market_Size_body_Picture_2.png[/img]
Comparing the volume of money being traded everyday then cryptomarket would really be just on a small dust and theres no really match when you do compare it but still both are trading but trading forex is more complex than crpyto because i have tried already to trade on forex and account been burned so easily because market is very very unpredictable no matter how you do analyze.
But I am believing in to where we are trading is not important but which trading is profitable for us is more important.

I'm not minding to consider cryptocurrency trading is a small dust or how big Forex trading is. Honestly my Forex trading experience was bitter one but I am capable of making consistent profits from cryptocurrency trading. So, definitely crypto currency trading is better one.

What is the use of Forex trading by being a vast one ? It's fluctuations are highly unpredictable hence most of the traders are not getting chances to make profits with it.
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May 07, 2017, 12:29:58 PM
 #80

Hi,

What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?

I think it's better to trading crypto because it's easier and more which do it than forex so for beginners like me better crypto, if forex profit is much better in my opinion and from what I saw is difficult because there are many things to be learned and it is not in the crypto.

.
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