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Author Topic: Bitcoin traders, why don't you just trade forex?  (Read 24939 times)
Leonard2016
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March 29, 2018, 10:57:58 AM
 #321

Forex is not as fun and it has a lot of limitations . risk takers would rather crypto world because we would rather to swim in the deep water , the fish you see on the water is dead.
Forex could be as fan as crypto but only for prefessionals. Newbue users have to trade crypto on exchanges without any leverage. Then more chanses to save ur depo

Yes of course it is for professionals , this crypto market is like jungle , it could be dangerious for newbies .


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kabackovas
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March 29, 2018, 01:18:52 PM
 #322

Forex is nonsense. It is better to trade shares of companies or goods on the stock exchange. And you can earn quick money on a cryptocurrency.
Forex trading is not necessarily meaningless but you need to have a lot of capital to invest. The profit is very low, so you will have a lot of profit. However, investing in the forex market will help you minimize the risk of losing your entire property. The value of money is based on the development of a certain country, so you only lose a little bit or you will be a little profit.
there is no need to have the huge capital to invest as forex provide leverage, up to 1000, and u can earn money using this leverage
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March 29, 2018, 01:27:49 PM
 #323

The main thing or reason we trade bitcoin is because of the volatility of the market and we want to use that volatility for ourself to get more profit rather than forex etc.
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March 29, 2018, 01:29:46 PM
 #324

Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
zajtsewatan
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March 30, 2018, 08:26:36 AM
 #325

Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
Forex is much more secure as a matter of fact! At least for the new users which dont have enough experience.
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March 30, 2018, 12:43:31 PM
 #326

Forex is very mature, cryptos aren't. With their volatile nature comes a high risk high reward
Forex is much more secure as a matter of fact! At least for the new users which dont have enough experience.
Agree about security. I have not heard about brocker hacks but I heard a lot about crypto excnages vulnerability!
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March 30, 2018, 01:26:09 PM
 #327

Actualy i dont know how to trade in forex and when i see forex is like more risky than bitcoin trading platforms that i was trading now. For me i think you have to be more skill when you are doing in forex trading than crypto trading.

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March 31, 2018, 08:00:41 AM
 #328

Actualy i dont know how to trade in forex and when i see forex is like more risky than bitcoin trading platforms that i was trading now. For me i think you have to be more skill when you are doing in forex trading than crypto trading.
But it works other way round) Forex is more secure and reliable way of trading, i even did not heard any news about hacks in forex. Moreover u also can trade btc on forex brockers. At least with some of them
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March 31, 2018, 08:08:53 AM
 #329

The main reason we trade crypto is because you just need to make a TA and news. that's all rather than forex you need to check like economics etc. which takes more times rather than crypto.
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March 31, 2018, 08:11:01 AM
 #330

Even though they are literally "same", forex is much difficult to learn than crypto market. For some people though, they prefer to stick with forex because they are really familiar with and know how to make money. That's just preference, whether you choose forex or crypto trading.

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March 31, 2018, 08:29:30 AM
 #331

Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
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March 31, 2018, 12:13:19 PM
 #332

Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
Disagree. U may use leverage and make much more profit. Moreover u may use leverage trading with btc! Some brockers now provide sich services
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April 01, 2018, 07:42:39 AM
 #333

Because the swing on forex are less substantial, bitcoin is more volatile this is good for traders to make big brofits at small period of time
Disagree. U may use leverage and make much more profit. Moreover u may use leverage trading with btc! Some brockers now provide sich services
Yes. But do u really think btc trading with leverage is a good idea? Btc itself is very volatile. There is huge risk to loose the deposit if u are lack of trading experience. But if u have exp. Then it is okay
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April 01, 2018, 12:39:27 PM
 #334

From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
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April 02, 2018, 07:43:11 AM
 #335

From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
Forex is still very good financial instrument due to the low volatility and leverage. It is much more easy to make money. But in future I predict absorbation of forex market by crypto one. It will be one market
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April 02, 2018, 12:18:02 PM
 #336

From my point of view forex is like for new users or someone who gonna study how to trade. Crypto is more for professionals. Imho
Forex is still very good financial instrument due to the low volatility and leverage. It is much more easy to make money. But in future I predict absorbation of forex market by crypto one. It will be one market
It is stable market but crypto not. Plus all the indicators and stratefies are working well on such market. And other way round - no startegy works on crypto market
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April 03, 2018, 10:58:02 AM
 #337

Forex is nonsense. It is better to trade shares of companies or goods on the stock exchange. And you can earn quick money on a cryptocurrency.
Forex trading is not necessarily meaningless but you need to have a lot of capital to invest. The profit is very low, so you will have a lot of profit. However, investing in the forex market will help you minimize the risk of losing your entire property. The value of money is based on the development of a certain country, so you only lose a little bit or you will be a little profit.
No need to invest huge money to trade forex. Forex provides leverage and u may use it and earn really good money without enormous deposits
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April 03, 2018, 11:53:30 AM
 #338

I feel like crypto has more volatily than fx so the return that you can get is better, also you can get information much easier than on fx. It's also easy to drive the price based on rumour on crypto so there's a lot of rumour going on and you just have to trade according to it. The last thing is there's a lot of people who don't understand how economic works in crypto so the amount of stupid money is a lot and i can profit from their trade mistakes.
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April 03, 2018, 04:07:31 PM
 #339

I feel like crypto has more volatily than fx so the return that you can get is better, also you can get information much easier than on fx. It's also easy to drive the price based on rumour on crypto so there's a lot of rumour going on and you just have to trade according to it. The last thing is there's a lot of people who don't understand how economic works in crypto so the amount of stupid money is a lot and i can profit from their trade mistakes.
U pro probably missed that fact forex is providing good leverage and it is the key how to make a fortune. IMHO. There are a lot of opportunities to make good money on forex of u follow the risk managment
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April 03, 2018, 05:59:37 PM
 #340

Forex trading is very tough in terms of its conditions. Forex does not forgive mistakes, does not allow to fix them with time. On the cryptocurrency market, the situation is different. You buy an asset, invest in it. And when you are comfortable selling it. There are no leverage (I hate it), broker commissions (swaps) or margin call. Therefore, personally, I prefer the cryptocurrency market.
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