is bitcoin trading like stock trading, forex, someone in middle or neither?

[Dragonfund]

If you look at the trading tools, there are many similarities. Indicators, trading strategies - there are no particular differences. However, it should be noted that in the cryptocurrency market, there is a lot of volatility, and a lot depends on bitcoin.

There is also regulation on stocks while Bitcoin and altcoins don't have any one, as a bitcoin trader, news can come up that one country has an bitcoin and you will be disappointed how everything will start crashinfg but forex has regulations, even if there is bad news, they don't drop like the way crypto does and the regulatory people don't interfare in forex like the way they do in stock, just like today, SEC sued CZ Binance for viloating their rules and guideline and for that, he will have to pay them after the damage of the news made bitcoin to drop in price.

[kelonmusk]

I think, Bitcoin trading can be a bit different from both stock and forex trading, as it's classified as a cryptocurrency. That being said, there are still similarities between the three, such as the importance of market analysis and identifying trends.

 I mean, at the end of the day, trading is all about making informed decisions based on the information at hand.

[Huppercase]

I think, Bitcoin trading can be a bit different from both stock and forex trading, as it's classified as a cryptocurrency. That being said, there are still similarities between the three, such as the importance of market analysis and identifying trends.

 I mean, at the end of the day, trading is all about making informed decisions based on the information at hand.

You are right my friend, the information we have determine if it will give us profit or loss but all traders always wish that the information they have at hand should be beneficial to their trading, there are some that you think it is positive but when the market react against it, they use to give loss. Also, I don't think Stock, forex and bitcoin has any differences just the price movement is a bit different, bitcoin can make 10% in a day and stock can make 2% for it traders and they will also be happy that they gain something because they don't have losses that much.

[cute nmp]

Trading crytocurrency in general is like trading the stock market they have so much similarities between them unlike the forex market which is completely different cause It has tons manipulation one need to be very careful when trading it.Support and resistance in combination with patterns works very well in Crypto and stock market unlike the forex market.

[Bananington]

Can experienced traders provide some insight into how they see bitcoin trading, whether it more like stock trading or forex, it would be very interesting. If this has been discussed before, apologies.

Trading Forex, Stock and crypto all share some similarities even with the slight differences that they have. Someone who has trading experience in any of the three can easily switch to another with some little tips and even understand it better than a newbie who is fresh to the trading because of an already mature understanding of the market and how things are affected by supply and demand. Trading crypto is like trading forex and stock, but they are not the same as they deal on different things. Crypto trading can be the most riskiest of the three if you ask me because it is the newest and most recent.

[harapan]

trading bitcoin stocks (ASICminer) is like stock trading

trading bitcoin currency is like currency trading


obvi

This is not entirely correct. Yea, they have their similarities but I believe bitcoin is more similar to stock trading than forex trading. In both stock and crypto you own the assets, the difference is, in stock trading you deal through a broker and the broker is not the owner of the asset most times and you mostly trade through an exchange. You can buy a stock without a broker or exchange but the paper work becomes too much for you while in crypto you have the asset and can trade it whenever you want, wherever you want by yourself. Forex trading is just trading currencies of foreign countries.