MFahad
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May 07, 2017, 12:32:07 PM |
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Recently, I left Forex trading, because it is time taking and also i am not spend too much time with altcoin trading. Because i can't manage my time with trading and trading is very risky field, you should attention to do trading. But about the question, for me both are same, because both are trading. The way to trade is different, but method of trading is same. No one is better.
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wuvdoll
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May 10, 2017, 08:02:22 PM |
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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] Still the forex is an old way of trading and investing also it is too bigger the volume as compare to those of the other but I guess it don’t have that much huge chances of earnings that the crypto provides us. I am talking about the quick earnings. The crypto is now a day one of the fastest way to earn.
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avikz
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May 10, 2017, 09:59:35 PM |
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I really don't want to comment on what is better, because both method comes with with own pros and cons. Forex trading is an age old method of trading and I have seen people making big money from forex trading. It is also legal in most of the countries.
On the other hand, crypto currency trading is relatively new and we are unsure about the legal status of this method. However, crypto currency trading is relatively easy than forex trading. It is also possible to make big amount of profit from crypto currency trading. I tried to play forex earlier but couldn't make much profit. So I started with crypto currency trading and I am a successful trader today. It is easier to understand and play.
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Sled
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May 11, 2017, 02:50:39 AM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
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solitare
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May 11, 2017, 10:54:07 AM |
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There are a lot of good opinions on this thread. I have friends that trade Forex, yes you can find bots and automated trade software for it. Crypto currency trading is fun and can be profitable also. I trade stock options myself, but would not suggest it for a newbie. None of these are better or worse than the other. Mainly you need to educate yourself in the one you wish to start with. Even if you use bots or automation, you should learn how to do trades manually also. After you are consistently profitable at one form of trading, then learn another, etc. Good luck, and have fun and profits ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Cactushrt
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May 11, 2017, 11:32:29 AM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Advantage of crpto currency trading is you can wait until the price of a coin will pump unlike on forex trading you will place your order whether you will buy or sell on a live trading you will predict when the price will go up or lower
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Naokia980
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May 11, 2017, 11:35:51 AM |
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Trading is all about money management and edge. If you dont have either of this options you will lose that game before it starts. Edge is something that you do same thing over the time and you have positive balance(compared to margin) over that time. You dont need to gamble 25% of whole balance when you already losed latest position. Although best offers are in long timeframes. Pick good ones to take opportunities on that timeframes. Trading stocks is different compared to forex and crypto-currencies. Traders always have second B plan. With good money management you will survive on that deep oceans. Always check your mm rules and just enjoy from price movements.
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xIIImaL
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May 11, 2017, 12:41:34 PM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Advantage of crpto currency trading is you can wait until the price of a coin will pump unlike on forex trading you will place your order whether you will buy or sell on a live trading you will predict when the price will go up or lower Still you can ideal videos which provides you the guidance to do the forex trading but All are not getting profit in forex trading as much I know. I believe the people involved in Bitcoin trading is better than them. Btc trading is less risker option in bitcoin to make profit using bitcoin as a investment. Please do trade always buy higher when price dips and sells out which the value grows up.
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n0ne
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May 11, 2017, 12:52:23 PM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Advantage of crpto currency trading is you can wait until the price of a coin will pump unlike on forex trading you will place your order whether you will buy or sell on a live trading you will predict when the price will go up or lower Still you can ideal videos which provides you the guidance to do the forex trading but All are not getting profit in forex trading as much I know. I believe the people involved in Bitcoin trading is better than them. Btc trading is less risker option in bitcoin to make profit using bitcoin as a investment. Please do trade always buy higher when price dips and sells out which the value grows up. Yeah for forex trading we can easily find tutorial videos. But for cryptocurrency trading we're supposed to learn ourselves than those tutorial videos. Even with this, lucky people profit but with cryptocurrency trading most of the time gives profit. The reason is that bitcoin will easily profit as the price increase is assured at certain time interval.
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Obito
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May 11, 2017, 01:14:46 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?
For me forex trading is more profitable than crypto currency trading. However, forex trading is more complicated than crypto currency. Crypto trading is more ease to use and easy to make profits.
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Cactushrt
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May 11, 2017, 02:14:56 PM |
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Still you can ideal videos which provides you the guidance to do the forex trading but All are not getting profit in forex trading as much I know. I believe the people involved in Bitcoin trading is better than them. Btc trading is less risker option in bitcoin to make profit using bitcoin as a investment. Please do trade always buy higher when price dips and sells out which the value grows up. Yes there are some videos provides you some strategies or guides but there is no assurance on it even professional forex traders sometimes lose their capital. They would also required you to submit identification documents before you can start trading unlike on crypto trading
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nicolas1979
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May 11, 2017, 04:32:11 PM |
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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. Think and kick must fast but have control if don't we'll lose everything. Just try one and go practice and you will see how good you are. Never give up and always strong. Good luck
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Monnt
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May 11, 2017, 04:38:48 PM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Forex market is also known for fast moving but unfortunately Forex is having more unpredictable fluctuations as it is completely depending on world economy. When some countries will be releasing some statistical data which will be highly impacting Forex prices and hence we could not stick with our predetermined plans. But the affecting factors for cryptocurrency trading is very less, so it will be easier for anyone to analyse few factors and making predictions about price movements in cryptocurrency trading.
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taxmanmt5
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May 11, 2017, 05:11:29 PM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Yeah, it really suits to newbies around unlike those who are in forex, they need to be veteran on trading before they can indulge their selves to it, and there are many things to remember in forex, also complicated unlike crypto easy and fast transaction.
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ahmia39
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May 11, 2017, 06:05:44 PM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Yeah, it really suits to newbies around unlike those who are in forex, they need to be veteran on trading before they can indulge their selves to it, and there are many things to remember in forex, also complicated unlike crypto easy and fast transaction. Crypto currency trading is more surprising in its movement. Moreover, at this time very much altcoin. Makes me much choice in deciding which coin I am going to trade.
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V1saya
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May 11, 2017, 06:22:43 PM |
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It depends on which one you are most interested and knowledgeable at most. For me crypto trading is way way more better compared to forex which is more rigged and well played by banking institutions. I just don't understand why 9 out of 10 orders will automatically go to the opposite direction.
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jikurpa
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May 11, 2017, 07:42:48 PM |
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It depends on which one you are most interested and knowledgeable at most. For me crypto trading is way way more better compared to forex which is more rigged and well played by banking institutions. I just don't understand why 9 out of 10 orders will automatically go to the opposite direction.
Trading cryptocoin is better for me. Because crypto often moves without being able to predict. However, in essence trading crypto for me is more profitable than forex.
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Sled
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May 12, 2017, 02:47:00 AM |
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It depends on which one you are most interested and knowledgeable at most. For me crypto trading is way way more better compared to forex which is more rigged and well played by banking institutions. I just don't understand why 9 out of 10 orders will automatically go to the opposite direction.
Trading cryptocoin is better for me. Because crypto often moves without being able to predict. However, in essence trading crypto for me is more profitable than forex. Cryptocurrency trading don't works like that. If you don't predict based on your analysis then you will not be able to get a consistent profit because cryptocurrency trading is very volatile and most of the times it is up and down so if you don't have enough knowledge to tell what will be the best move then you will end up losing money and quitting cryptocurrency trading.
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PokerFace3
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May 14, 2017, 08:22:50 AM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Yeah no doubt that the bitcoin is far easy than the forex. For to work or trade in forex you need to be more technical about many thigs and there are many other thigs involved in the forex you need to learn about. The crypto on the other hand is too easy as compare to the forex. You don’t have to go through deep research and financial analysis as well as some other like companies debts and assets etc. I prefer trading in the crypto currency.
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Japinat
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May 14, 2017, 09:01:59 AM |
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I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Yeah no doubt that the bitcoin is far easy than the forex. For to work or trade in forex you need to be more technical about many thigs and there are many other thigs involved in the forex you need to learn about. The crypto on the other hand is too easy as compare to the forex. You don’t have to go through deep research and financial analysis as well as some other like companies debts and assets etc. I prefer trading in the crypto currency. Bitcoin trading or crypto trading does not require much effort and time for a certain trader and we know this is all dictated by the news we read, there are speculation which would easily move the price and we just have to ride on it in order to make money and we can do it even in a short period of time. For me, this is very risky that's why it is more exciting since every bigger risk will always offer a bigger reward. I am not good in Forex trading since I have not tried it despite a lot of invitation from friends to try but honestly I was in love with cryptos, so I realize that it's always better to do things that you love.
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