forex trading vs cripto trading

[Issa56]

You know what both forex and cryptocurrency trading are profitable and lot's of people are into cryptocurrency and lot's of people are in forex and they are making thier money and lot's of people are also in Cryptocurrency and they are also making thier money but to me I prefer cryptocurrency because I make my money from trading and I have my strategy that works for me and I still believe the risk in Cryptocurrency is very low compare to forex trading so if am advising you I will tell you to star cryptocurrency trading.

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[savetheFORUM]

Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

Both of them are the same, but I wouldn’t say that they are gambling. In gambling you’re counting on your luck, but here you have to put in actual work  by analyzing the market to know what should be your next option. You have to read the news, and a lot of things to be able to know what you’re doing in a cryptocurrency market or forex trading.

As for which of the two can realize more profit for you, we all already know that crypto currency is where you are going to get more profit, because we have seen stories of people who were able to go from nothing to becoming millionaires in just a little time  by investing in cryptocurrency. But, you don’t hear such stories when it comes to forex trading, so cryptocurrency is the best when it comes to which place you’re going to realize more profit.

[Fivestar4everMVP]

I personally have not been very active in trading most of the times I've been in this game, but I've definitely tested both waters and what I observed was that Forex trading requires a much more little fund as capital to start and good daily profit is guaranteed if you know what you are doing, but for crypto trading, one need alot of money to begin with if profit will ever be tangible, most especially in spot market.
But on the other hand, Forex trading is more riskier than crypto trading, this is to say that making money in crypto trading is much ore easier than making money in forex trading coupled with the middle men like the brokers who are going to be getting a good cut from your profit as well.

[carlfebz2]

Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

Both of them are the same, but I wouldn’t say that they are gambling. In gambling you’re counting on your luck, but here you have to put in actual work  by analyzing the market to know what should be your next option. You have to read the news, and a lot of things to be able to know what you’re doing in a cryptocurrency market or forex trading.

As for which of the two can realize more profit for you, we all already know that crypto currency is where you are going to get more profit, because we have seen stories of people who were able to go from nothing to becoming millionaires in just a little time  by investing in cryptocurrency. But, you don’t hear such stories when it comes to forex trading, so cryptocurrency is the best when it comes to which place you’re going to realize more profit.

Same on the sense;

1. Market movement
2. Indicators used
3. Buy low Sell high

They differ on.

1. Volatility
2. Centralized vs Decentralized
3. Recognition

Doesnt matter on which market you've been dealing with.What matter most is that
you do know on how to sustain yourself in the market.

[mitchr4]

You say crypto is like gambling, I don't think it is like gambling. In trading between crypto and forex, I prefer crypto to make money. I think crypto is different from forex, although both are also trading systems, for me crypto is less risky.

I think it's wrong, if you compare Forex and Crypto, of course the riskier one is Crypto. If we trade with Crypto, the price movement is volatile, it is difficult to predict and there are many factors that can affect it. Indeed, crypto brings bigger profits but also has a big risk too.

Why forex has lower risk than Crypto, for example price changes within 24 hours on Forex can be less like 2-10% (not like crypto which can change more than 100%). Because only trading with foreign currencies whose price movements are only influenced by the economic situation of a country even the world economy.

[magnum1010]

Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

Actually, I don't do scalping as I consider this strategy to be senseless. If comparing trading crypto to forex, I would rather choose Crypto as it is more volatile and it means a bigger potential profit. I prefer buying futures with leverages as it can give additional profit. But we have to be up to date all the time if we want to trade crypto.

[Anguwa]

Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

I also really want to know more and the difference between cryptocurrency trading and forex trading. I will really be glad if can have more clarification from my senior colleagues.

[Hobo66]

Both forex and cryptocurrency trading are financially viable in my assessment. You can use both of them to your actual benefit. However, one thing to keep in mind is that, in comparison to forex trading, crypto trading is much more unpredictable, but it will yield more reward even though the risk is higher. For individuals who are new and interested in trading, forex is a good alternative.

[LUCKMCFLY]

Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

Actually, I don't do scalping as I consider this strategy to be senseless. If comparing trading crypto to forex, I would rather choose Crypto as it is more volatile and it means a bigger potential profit. I prefer buying futures with leverages as it can give additional profit. But we have to be up to date all the time if we want to trade crypto.

I would say that for trading each market has its own rule, in the case of forex it is redeemable the fact that its volume is much more consolidated while the volume in crypto is not, in forex there is not as much price volatility as there is in crypto , and I also think that to enter forex the KYC they demand is much more radical than the one they ask for in crypto exchanges, and it is very unpleasant that you do forex trading and cannot withdraw your money for not meeting all their requirements, it would be A waste of time, while in crypto it is not like that, some ask for your KYC and when you spend it, withdrawals can be made without any problem.