Bitcoin traders, why don't you just trade forex?

[iram3130]

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Very true.. forex is way more stressful than Bitcoin trading.. another thing is forex is way more volatile than Bitcoin trading.. assume you have a currency of a country n suddenly the things get worse in that country then automatically all ur funds value will get way more less.. but in case of Bitcoin it's not that much risk.. 

[South Park]

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Well bitcoin is real money too so I don't see the difference in that particular issue, but the problem with trading forex is you could do nice analysis about what you think it may happen but they can be disrupted very easily by a political crisis, economical crisis, or just random events like earthquakes.

[Makest]

Bitcoin trading is a good way of making money and if we can hold we should make lot of profit from it.

[Itjoker]

Trading on forex is more difficult then trading on cryptomatket. On forex you can catch margin call and that is mean that game is over. You can not recover your money. But on trading with altcoins or bitcoin you always have a chance that fallen price will recover.

[Bezobraznike]

what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

Because at the end of the day, I want to be holding bitcoin, not Zimbabwe dollars.

   Netrin you gave the best answer, I also wish to hold Bitcoins and many other alt-coins.
That is my wish not to continue to support traditional currencies, I wish to support crypto-
world cause I believe it is a future. I work on my portfolio for months, collecting informations,
buying Bitcoins and investing in different projects.
   We are here now and we are not late, cryptp-world is full with opportunities and popularity
is rising, this year was so great for all of us here and I strongly believe that there will be more
good years, maybe better than this one.

[terzy]

It's because Bitcoin shows more volatility than the typical Forex pairs. It can raise dozens of percentage points and it can surprisingly drop with the same success!

[komjhq]

It's because Bitcoin shows more volatility than the typical Forex pairs. It can raise dozens of percentage points and it can surprisingly drop with the same success!

First of all, we need to look at the opportunities that Bitcoin gives us. If there is a chance today to earn money, then they need to earn. And Nobody doubts that all these soap bubbles to see Bitcoin can soon burst.

[darewaller]

I don't have so much knowledge about trading but I Think there's much risk on Forex than bitcoin or alt coin trading and Forex has more complicated characteristics . If there are many things we need to consider on bitcoin and alt coin trading there's much more with Forex I guess .

I would like to think that trading with forex is a lot more stressful then with bitcoin.
It would be more pressure involved for working with real money.
For me anyways.

Well bitcoin is real money too so I don't see the difference in that particular issue, but the problem with trading forex is you could do nice analysis about what you think it may happen but they can be disrupted very easily by a political crisis, economical crisis, or just random events like earthquakes.

Yes, the prices of bitcoin do not experience a great amount change or downfall as it is not affect by nay natural crisis or any other company falling down it will only be affected due to demand of the people and everyone know it will increase every day as more and more people will get attracted towards it. So,I think that trading on alts and bitcoin is more profitable than trading on Forex.

[soros017]

It is a market with much higher liquidity, but the volatility is much smaller compared to Bitcoin. So I guess it depends on the profile of the investor. People looking to make more profit in a shorter period of time are more likely to choose Bitcoin, but those with millions of dollars to invest will probably choose something more established, like the forex market.

[crypto_sagor]

If you apply forex's knowledge to Bitcoin trade(crypto Trade) then you will definitely succeed.
There are many risks in Forex trading, but if you are do slowly cryptotrade, then you will succeed

[Andrej Peiboski]

Due to high volatility, to start trading in crypto without experience on forex is just gambling.
Trading is a very difficult and stressing job, but with good analysis and strategy you can achieve a good rate of success.

[Lanatsa]

Bitcoin trading is a good way of making money and if we can hold we should make lot of profit from it.

I dont know why you did bump this 6 year old thread but well its much better than to make a new one and making repetition of topics.For the sake of on topic reply. Forex trading and Crypto trading is similar on trading matters but for the coins that have been traded off would be entirely different since we do know cryptos are much more volatile compared on traditional fiats and commodities which traders sees and opportunity to make more money out of that volatileness of prices.

[Brunusmagnus]

Due to high volatility, to start trading in crypto without experience on forex is just gambling.
Trading is a very difficult and stressing job, but with good analysis and strategy you can achieve a good rate of success.

It's true, but I think that it's very difficult to apply usual forex fundamental and technical analyis to crypto, as the conditions are very variable and unpredictable

[Andrey123]

These are absolutely different markets!

For example, the movement of the euro or the yen can learn and profit on Forex.
Plus, a lot of news is known in advance.

And it will not work with cryptocoins.
Very often developers violate the road map and coins go to the stock exchanges before, developers get a very big profit, and everyone else gets the price of 1 satoshi.

[TERA2]

Bitcoin is low risk high reward.

Forex is HUGE risk medium reward.

I saw this becuase in order to make the kind of gains you make in bitcoin (like 500%), with forex, you have to leverage your forex account 50 times.  This means you take 50 times MORE RISK. If it moves down even 1% you ARE LIQUIDATED. Meanwhile bitcoin can lose all of its value and then come back and you can still make 1000%

[arlington]

In the regular FX the gains are not too high and if you get involved with a small amount of money you get very little at the end of the month but here you can make 10x within a month,

[Kevin77]

what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

Because at the end of the day, I want to be holding bitcoin, not Zimbabwe dollars.

   Netrin you gave the best answer, I also wish to hold Bitcoins and many other alt-coins.
That is my wish not to continue to support traditional currencies, I wish to support crypto-
world cause I believe it is a future. I work on my portfolio for months, collecting informations,
buying Bitcoins and investing in different projects.
   We are here now and we are not late, cryptp-world is full with opportunities and popularity
is rising, this year was so great for all of us here and I strongly believe that there will be more
good years, maybe better than this one.

Lol, I can imagine far back as 2011, and that is just the right reply. Now, the Zimbabwean dollar has been scrapped and irrelevant for usage, the economy of the fiat in this country is messed up already and most of the citizens are finding solace in bitcoin, most especially to be able to make transactions internationally since they have been restricted in their country.

We have huge opportunities in the crypto world and for those who have been trading crypto since 2011 will even know better by now that just holding some of these coins, are even better, let alone trading them to earn even more.

[EdenHazard]

Bitcoin is low risk high reward.

Forex is HUGE risk medium reward.

I saw this becuase in order to make the kind of gains you make in bitcoin (like 500%), with forex, you have to leverage your forex account 50 times.  This means you take 50 times MORE RISK. If it moves down even 1% you ARE LIQUIDATED. Meanwhile bitcoin can lose all of its value and then come back and you can still make 1000%

that is wrong in my opinion , i mean bitcoin are not something that has low risk.

it is high risk with high gain , besides forex available in limited days only , trading bitcoin have much more chance to make money with its volatility, the price keep moving on drastically up and down and that is what makes people love it i think.

[kolega]

Traders to earn, you need a high volatility that is present on the market of bitcoin and Forex it is minimal and there is almost some robots work

[capoeira]

Forex can be very boring, as some currencies are very stable. You stay hours in front of the monitor just to earn some pips.
(this in case you make day trading)
Crypto is more risky, but it's very dinamic and you can make big gains.

well, with up to 1000x leverage on some brokers, you can make every move the size you want it too