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Author Topic: Trading FOREX or Crypto?  (Read 1437 times)
rommelzkie
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February 16, 2018, 06:30:39 AM
 #1

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?

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February 16, 2018, 06:48:09 AM
 #2

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?

If Forex is never been profitable then i wont see any successful forex traders as of now but still there are some who become able to be profitable on forex and i admit its really a complicated thing fundamentals together with technical analysis is really needed but if you do quit on forex and switch to crypto i wont guarantee that you would really be profitable also into it yet if we do talk about price movements i would say crypto is more unpredictable than on forex.

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February 16, 2018, 07:01:51 AM
 #3

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

All markets are unpredictable, you should accept that fact and trade in a way that reacts to the market and not try to be ahead of it.

Quote
Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?


Who cares. The important thing is to be aware of what is happening in the market now and act than make a problem of why something is happening.


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February 16, 2018, 08:04:57 AM
Merited by darkywis (1)
 #4

Well crypto is unpredictable too. When bitcoin pumps the altcoins dumps, when bitcoin dumps the altcoin dumps too in what I see in the past few months.
But you can surely gain double or more here than in forex.

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February 16, 2018, 08:13:35 AM
 #5

I have some experience with Forex too, but I like crypto world more than that.
crypto will be the future of the economy, only need patience.
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February 16, 2018, 08:22:57 AM
 #6

I dont think you're thinking straight, all trading investment has their own risk and if you're just looking an easy money without enough volatility to gain you some profits then i suggest you do gambling in the poker table. Volatility in crypto is far more significant then in forex and stocks, and if you're looking really carefully both of these possess same risk even greater in cryptocurrencies. What you're looking nowadays is because the uptrend of the cryptocurrencies hasn't been broken yet and most of the trading are profitable but what do you think about the downfall last few weeks ago??
And what is the more significant is that although volatility in cryptocurrencies is far greater than forex, it acts as stocks market and not future trading which use leverage and you can lose all your money. In crypto trading you can still hold and not losing any of your assets because it only depreciated in value unless you're planning to sell all of them.  Grin Grin

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February 16, 2018, 08:39:30 AM
 #7

I also have some experience in forex trading a couple years but hard for me to get consistent profit. Then i move to long term crypto trading and finally i can make alot of profit from that. Its more easy than forex trading.

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February 16, 2018, 08:41:53 AM
 #8

Might be something wrong with your strategy in forex trading, there are many successful forex traders. Profitable or not will depend on how you do the trade, the same will happen if you move to crypto trader. Both are unpredictable, you may not get any profit as well like what you got in forex.

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February 16, 2018, 08:55:45 AM
 #9

I've traded most of the markets out there.

Stocks, futures, options, commodities, metals, Forex and crypto.

In my opinion the easiest to trade with TA is stock and crypto.

Everything else is just way too much noise and random especially on the smaller time frames.

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February 16, 2018, 08:58:25 AM
 #10

It is better to start with Forex of course.
I did so, and when you get the necessary knowledge, you can safely trade and Crypto)

But the statement that nothing works on Forex, it's wrong!
I spent 5 years before I learned how to work there.
And I trade only inside the day, scalping.
Apparently you did not study and did not do it right, Forex is work and work is complicated.


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February 16, 2018, 09:12:03 AM
 #11

In my opinion is more safe in crypto trading because almost all crypto in 20 top ranking the price was going up in the long term. So this is opportunity we can make profit only by investing or trading in long term. Beside that in crypto trading no word for margin call because we can doing trading without leverage, but in forex your money can become zero if use high leverage and loss in potition.

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February 16, 2018, 09:17:19 AM
 #12

Legendary FOREX traders know their market so well that they can earn $25K a day regularly but in BTC because it's more volatile you can earn more in trading.

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February 16, 2018, 09:29:29 AM
 #13

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?


I also did Forex trading, and i have a very bad experience from Forex, and when i joined crypto then it change my life. So sincerely, i will tell you, should come in crypto and start trading in it. You could realize in altcoin trading, that it is best place to do trading, and bitcoin is best coin to make big profit within month and the good news for you that now bitcoin price is not high,and governments and banks have no interfere in bitcoin, but big whales have a roll in bitcoin price dump and pump.

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February 16, 2018, 09:43:31 AM
 #14

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?

Government do not have control over bitcoin because bitcoin is decentralize and of a truth the whales are the one controlling the market.
Bitcoin trading is far more profitable than forex trading if you have good trading principles in place! Like many of us here have abandoned forex trading for bitcoin and cryptocurrencies trading you can actually joined us if you are good.
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February 16, 2018, 09:48:42 AM
 #15

Crypto currency is much easier to trade and get some profit. Forex is acomplicated market for newbies and it's difficult to get profit.
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February 16, 2018, 10:06:32 AM
 #16

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?

Cryptomarket is unpredictable too, but by trading cryptocurrencies you can make more profit than at Forex. There are more opportunities to earn, market is more clear and there are lot of people that don't know how to trade, don't want to learn and vulnerable to manipulation , crowd psychology.

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February 16, 2018, 11:05:07 AM
 #17

Cryptocurrency is the way to go in this new clime. It's still reinventing itself, but then still bludgeoning. Cryptokami is on an ICO and you would do yourself a favor by investing in it
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February 16, 2018, 11:37:37 AM
 #18

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?
If you can't make even small profit in forex trading then it is your problem and do not blame it to the market. All types of trading are risky and no one can exactly predict when it will rise or drop. it may not always work but professional forex traders rely on their fundamental analysis and technical analysis. The one who controls the Bitcoin price is the people since no company owns Bitcoin, but just like other market, cryptocurrency market can also be manipulated by spreading FUDs and whales can also perform a pump and dump with low cap cryptocurrency since all coins price are determined by its supply and demand but it will be hard for them to manipulate cryptocurrency with huge market cap like Bitcoin.

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February 16, 2018, 11:48:15 AM
 #19

I think there are huge oppurtunities both of them. I have invested crypto and I will invest FOREX near future. I'am thinking about to invest commodity stocks, LITHIUM.

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February 16, 2018, 12:27:59 PM
 #20

I need some help.

I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.

Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?


i prepare study first the cryptocurrency its easy for its because you have experience in forex trading but the secret is about cryptocurrency you dont need the technical analysis that you learn from forex all you need is the fundamental abount this currency.

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
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