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Author Topic: Bitcoin traders, why don't you just trade forex?  (Read 24371 times)
okorocrypto
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August 12, 2018, 08:04:41 AM
 #501

Trading Bitcoin in forex is better than with cryptos. Forex market is less volatile and respects technical analysis more than the crypto market that is volatile and governed mainly by fundamental. People make huge amount of money trading Bitcoin in forex because the liquidity is there and you buy or sell without worries.
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August 12, 2018, 08:47:04 AM
 #502

I think that it is difficult to compare btc and forex because the prospects are really great if we talk about btc. To my mind, it is obvious because  btc traders can earn much more money if having the strategy

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August 12, 2018, 08:47:42 AM
 #503

Forex can be same like Binary Option, iam try a trade with Binary Option but mostly they really have some high psychology and i can't handle it when i trade at Forex/Binary. But on crypto iam still can handle my emotion, Right now iam stay away from Forex/BO

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August 12, 2018, 08:54:16 AM
 #504

Actually, forex trading is an option. In fact, a lot of people I know do both stuff. In fact, some of them are trading all kinds of goods such as crypto, stocks, forex, silver and gold, etc. However, if I am not mistaken, they have made a lot of money in crypto trading rather than on forex or stocks. In crypto, if you fail, and you do not know what to do anymore, and you ended up leaving your coins in your wallet, you might just wake up one day having gained 500% of what you originally have. Now, that's not gonna happen somewhere else.


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August 12, 2018, 12:54:23 PM
 #505

Because foreign exchange is less fluctuating in price, it is harder to earn foreign exchange than BTC, although BTC is risky so we invest in it because the price fluctuates for us.
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August 13, 2018, 11:48:34 AM
 #506

I trade crypto currency, and not Forex, because I really like how the crypto currency changes our world and the entire financial system and I want to support it in any ways.
There are differences but you would stand as expert trader when you handle such hard situations. People are coming into this world from different backgrounds, some are more oriented towards business mind but many are dull. They have only one thing in hand and that is money. They mustn’t be surprised with their own strategies rather these must be implemented in best possible way.

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August 13, 2018, 12:26:54 PM
 #507

I trade crypto currency, and not Forex, because I really like how the crypto currency changes our world and the entire financial system and I want to support it in any ways.
There are differences but you would stand as expert trader when you handle such hard situations. People are coming into this world from different backgrounds, some are more oriented towards business mind but many are dull. They have only one thing in hand and that is money. They mustn’t be surprised with their own strategies rather these must be implemented in best possible way.
There's some similarities between the two, the big difference is fluctuations where crypto followers really take this advantage, you can earned and lose big time from this market, as sway happen in a very high position, some forex traders also finds opportunities and start to do some research about crypto system, they used their experience in order to take advantage, having good skills and understanding how big can be the outcome brings more interest coming from forex traders, they combined and always find their edge.

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Andrej Peiboski
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August 16, 2018, 08:09:58 PM
 #508

The forex world is too crowded, the movements are microscopic , and the "real" whales move here: the central banks eat any crypto whale.
So, while it is certainly more stable, it is also more difficult to make big gains.
However, it is important to learn how to work in forex, because the techniques used are also very useful in crypto.

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September 16, 2018, 09:33:16 AM
 #509

I did both, to maximum profit we should know more about situation of crypto market because in spot crypto trading we can make profit only from uptrend. And when crypto on downtrend i prefer to trade in others asset like forex, commodities and stocks market. To trade in some different platform is not hard because i only use technical analysis, so all open potition according to it. And i better to trade these all asset in spot trading and avoid margin trading because margin trading will be more risk.

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September 16, 2018, 10:16:03 AM
 #510

I have been in forex trading in 2 years but until now I can not reach consistent profit , but when i move to cryprocurrency trading i can reach it because in my opinion crypto trading much easy to gain profit than forex trading because mostly all coin has tren up trend.
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September 16, 2018, 12:23:13 PM
 #511

i got the concept of cryptocurrency trading better than forex. i can invest a long time and wait for eventual profit from it. bitcoin trading is bae
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September 16, 2018, 12:40:55 PM
 #512

First trading bitcoin is safe as long as you know what you are doing, use a famous exchange and care about your security. I like trading in crypto because there's a lot of people here that are new to trading and they don't know what they are doing. I feel like it's easier to read the price movement based on the rumor and market sentiment compared to forex.


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September 16, 2018, 02:27:06 PM
 #513

many trade in both but for me I will continue to trade on cryptocurrency because I can focus and the money I use to trade is not much so I prefer crypto only

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