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Author Topic: Trading FOREX or Crypto?  (Read 1730 times)
LuvCyanide
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March 18, 2018, 08:59:54 PM
 #241

If you have experience in Forex trading, it will be easy for you to trade in the cryptocurrency market. The profit is more. It's time to go.

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March 18, 2018, 10:00:04 PM
 #242

Actually, forex and cryptomarket are different markets, with different laws. But personally, I prefer cryptomarket because you buy asset, and can sell it when do you want, without any costs to swops and laverages.
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March 19, 2018, 04:43:34 AM
 #243

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
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March 22, 2018, 05:57:57 AM
 #244

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it.

There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.

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March 22, 2018, 07:32:18 AM
 #245

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it.

There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.
With crypto, it's still far from the main manipulation of the financial institution of the world, unlike forex where most of the movements are controlled
by big banks and governments, I think if we are wiser enough to study the flow, then we are getting bigger chances to earn from this industry, we need
a lots of understanding and patience in order to survive from this market.

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drachman
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March 23, 2018, 02:31:14 AM
 #246

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it.

There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.
At the end it will depend in your skills, if you can make more money in forex then choose forex is that simple but if you have reasonable trading skills the chances of making money with cryptocurrencies is way higher, the only thing you need to do is to adjust your trading a little bit and to be more cautious because of the volatility of the market, that way you reduce the risk of losing money.
Saidmod
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March 23, 2018, 03:20:57 AM
 #247

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it.

There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.
At the end it will depend in your skills, if you can make more money in forex then choose forex is that simple but if you have reasonable trading skills the chances of making money with cryptocurrencies is way higher, the only thing you need to do is to adjust your trading a little bit and to be more cautious because of the volatility of the market, that way you reduce the risk of losing money.
Exactly because regardless what are you trading either forex or crypto perhaps your skills is not enough or suitable to apply then its nothing to do with you cant earn money. In what form of trading you have a good strategy and skills you need to focus it it doesn't need to be compared into another one.


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March 23, 2018, 03:28:23 AM
 #248

Forex is amenable to technical analysis, it's just very difficult, but the cryptocurrency market is not suitable for technical analysis.
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March 23, 2018, 03:34:16 AM
 #249

The trading investment on crypto system like a mining process.Crypto trading, or cryptocurrency trading, is simply the exchange of cryptocurrencies. Like in Forex, you can also buy and sell a cryptocurrency for another, like btc trading investors.some many trading investors and brokers already serve the mechanisms of crypto trading, and traders themselves should seriously think about the liquidity of instruments, as well as about trade strategies that can effectively work out in such markets.A board business of individuals actively engage both the forex and cryptocurrency markets in pursuit of opportunity.
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March 23, 2018, 04:35:27 AM
 #250

In my experience, trading crypto is more riskier than trading forex. Both of them are quite similar. But that doesn't mean that you can'be successful in crypto trading. Always keep an eye on the market and when the price is down buy and hold for long-term. It would definitely be profitable for you.

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March 23, 2018, 09:49:49 PM
 #251

Short answer: Crypto. Longer answer: Cryptocurrencies. I want to bring up this question. Do you think there is a way for cryptos to incorporate fiat currency trading during the off hrs. on the market? I think it is a promising idea.
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March 23, 2018, 10:08:25 PM
 #252

Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money.
You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it.

There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.
At the end it will depend in your skills, if you can make more money in forex then choose forex is that simple but if you have reasonable trading skills the chances of making money with cryptocurrencies is way higher, the only thing you need to do is to adjust your trading a little bit and to be more cautious because of the volatility of the market, that way you reduce the risk of losing money.
Exactly because regardless what are you trading either forex or crypto perhaps your skills is not enough or suitable to apply then its nothing to do with you cant earn money. In what form of trading you have a good strategy and skills you need to focus it it doesn't need to be compared into another one.
The advantage here is that when you do have the knowledge into trading then you can basically have the ability to trade either on forex or crypto but the decision would really be depending on you because they do have different factors affecting into those coins or assets being traded on each field. Local fiat/stocks is entirely different with crypto currency coins when it comes to volatility and feature.

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March 24, 2018, 12:38:43 AM
 #253

In spite of being born late than forex, crypto trading has proven that people can easily earn money from it just by a small amount of money. Therefore, I can say that cryptocurrency trading is better. HOwever, it will take more risk and you need to have enough knowledge before start to trade





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Victorycoin
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March 24, 2018, 02:05:35 AM
 #254

...
There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well.
I also agree that it is relatively easier to make some money trading cryptocurrencies than it probably is with forex trade because forex trade is predominantly leverage/margin trade and crypto trading offers far lesser entry points, but I strongly disagree that there are now more number of crypto traders - you only have to take a look at their daily trading volumes, to know crypto trading is still coming up.
InvestMen
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March 24, 2018, 03:01:41 AM
 #255

In my opinion, for speculative transactions and fast earnings, binary options on crypto-currencies are best. Forex is better suited for long-term operations, when you have to wait for a significant change in the value of the "crypt" over time.
Crypto-exchanges are probably best suited to those who are engaged in the extraction of certain crypto currency and wants to increase their number due to successful exchange operations of some "coins" with others.
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March 24, 2018, 05:15:32 AM
 #256

stock and crypto is the easiest trade and not too complicated like forex,

you can get some profit if you use long term method in crypto trading.
burnah0928
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March 24, 2018, 05:37:20 AM
 #257

Forex or cryptocurrency trading won't matter. The most important thing is you have to be equipped with the knowledge and skills on how to trade. Risk is a big factor you need to face and deal with.
gezhid008
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March 24, 2018, 05:56:28 AM
 #258

I don't think foreign exchange can make a lot of profit.

If you're involved in investing in bitcoin, you'll find that encryption is the most profitable. But encryption is also unpredictable.
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March 24, 2018, 07:15:07 AM
 #259

In my opinion it is more difficult to trade forex than for crypto-currencies. In forex a very big risk of losing funds, crypto-currencies are easier to trade, especially if you previously traded in forex.
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March 24, 2018, 07:30:06 AM
 #260

Your choice is very appropriate to switch from Forex to Crypto trading. If you start trading bitcoin, then you will see for yourself that bitcoin can not be controlled by anyone. and there is no lie in bitcoin trading, everything is very transparent. You can prove it yourself.
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