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Author Topic: Trading FOREX or Crypto?  (Read 1730 times)
arseaboy
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February 27, 2018, 05:35:17 PM
 #121

If you don't want to take much risk then forex trading would be for you, but your profit will also be small. If you are looking for high profit and want to take risk then go for crypto trading.
Still depend from the level of your understanding, both forex and crypto have risk if you don't have enough knowledge we are talking about investment and we are risking our hard earn money, if we wanted to succeed and earn better to know both system, crypto have its own approach with investment
and forex have its own as well, we should know first every thing that affects the market before choosing one to focus with.

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white.raiden
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February 27, 2018, 05:47:41 PM
 #122

Both are unpredictable. in my opinion, cryptocurrency trading is better than forex. at least, there is no margin call on cryptocurrency trading. you can hold your asset as long as you can. no one can control the price, it is pure supply and demand, buy and sell. however, I think the FUD and FOMO on cryptocurrency trading is higher than Forex.
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February 27, 2018, 07:31:54 PM
 #123

Forex is MUCH more complicated than Crypto trading. In Crypto most of the projects are manipulated by whales but they also give you good opportunities to make money too.
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February 27, 2018, 07:51:03 PM
 #124

Both are risky but my choice would always be crypto. The reason for that is because Forex is much more connected to different scam and ponzi scheems and I think that is much more difficult to make any profit than with crypto.
I beleive that with crypto you can have much more control and more options to make some money.

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February 27, 2018, 08:18:44 PM
 #125

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.
I agree on some points which technical analysis wont really work anytime in crypto trading but yet most traders ive known do still make use of this too even myself do make use of it. Might not work but still a good combination with fundamentals which would make even more effective according on making positions into your own trades.Even on forex doesnt really guarantee you that technical analysis would work.

R


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February 27, 2018, 09:23:44 PM
 #126

Traded in Forex some time and passed in Crypto and easier to trade in it and to earn. But here mainly whales control market.
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February 27, 2018, 09:37:20 PM
 #127

I've traded most products out there and yes Forex was difficult. Same with trading the metal markets and oil markets.

I think where most people struggle is they are trading the 1 minute or 5 minute charts under high leverage and they struggle.

If you trade the hourly or daily charts it becomes easier to predict with TA. Same with stocks.

Basically try not to day trade and trade the longer term time frames.
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February 27, 2018, 10:25:18 PM
 #128

Even if it was in forex , crypto, stock market , or any type of investment, if you are skillfull enough, you can ride the what you say "manipulation" by big entities that controls its value. Cryptocurrency values are unpredictable also. The good thing is that, cryptocurrency increases its value over time even when you are not involved in trading. So id rather choose crypto than forex.

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February 27, 2018, 10:45:24 PM
 #129

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?


That last sentence shows you should do some research before investing.  Spend time reading up (not only this forum as its shills and fuds mostly).  There are definately profits to be made, but at least learn the basics before you start ( I didn't...).
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February 27, 2018, 11:30:10 PM
 #130

trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
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February 27, 2018, 11:43:54 PM
 #131

trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
Investors prefer forex, no doubt in it. But those people if they experiment cryptocurrency trading surely they'll lose interest on forex trading. In my view forex is all about the market which has the dependence on the market prevailing around the globe. When it comes to cryptocurrency it functions independently.

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February 27, 2018, 11:49:52 PM
 #132

compared to forex the crypto trading is much more profitable but at the same time much more riskier to play and for now the big whales are the ones who manipulate the market with high volumes and not so big ones the coins with lower volumes.

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February 27, 2018, 11:54:03 PM
 #133

trading crypto is something new for some people. I think investors prefer forex because the companies we invest are much more trusted. but this time has changed a lot. now investment is more likely to crypto because of the ease that we get and also the process is very fast. even many people are new to the world of trading and they mention that anyone can trade crypto. different from forex that need some process verification.
Investors prefer forex, no doubt in it. But those people if they experiment cryptocurrency trading surely they'll lose interest on forex trading. In my view forex is all about the market which has the dependence on the market prevailing around the globe. When it comes to cryptocurrency it functions independently.


I have experience to trade from both forex and crypto but theres an advantages and disadvantages this two some investor prefer to trade from forex and from people who new in crypto world prefer crypto trading because the trading volume is so fast compare to forex meaning it has a high chance you will earn huge profit or maybe lose your capital.
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February 28, 2018, 12:03:40 AM
 #134

i prefer crypto trading because is much profitable with short time coparing with the forex trading and this last is much risky than the first one
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February 28, 2018, 12:13:18 AM
 #135

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.

i understand that both trading type is very unpredictable. so i dont agree crypto trading is more unpredictable because both are same difficult to predict where the market will go. this trading also will not guarantee you will be profit so please always be wise using your money in trading.
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February 28, 2018, 03:21:25 AM
 #136

Bitcoin and forex are all profitable, but Forex is issued by the central bank and Bitcoin is traded electronically. Bitcoin is exchanged directly through the internet. Bitcoin does not have any financial intermediaries. Because of the volatility of the market, Bitcoin can automatically buy and sell and increase profits in the short term. This is also the reason why Bitcoin is enjoying people's interest in investing in Bitcoin.
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February 28, 2018, 01:06:11 PM
 #137

Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!

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February 28, 2018, 01:13:57 PM
 #138

Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!

Haha youre right, but trading in crypto is always with cautions. Tradin forex has margin call and if yo do notbhve stop loss or cut loss set youre funds or investments wipeout without knowing it. While in crypto its fine take tine to recover but stoll recover the lose in time or just say paper loss. Always set plan and profits will folow.

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February 28, 2018, 01:18:13 PM
 #139

Trading on the crypto market is safer, just use the strategy to buy while we are in an uptrend. But of course, if you are trading without a shoulder, you can lose everything with your shoulder at any time!

Haha youre right, but trading in crypto is always with cautions. Tradin forex has margin call and if yo do notbhve stop loss or cut loss set youre funds or investments wipeout without knowing it. While in crypto its fine take tine to recover but stoll recover the lose in time or just say paper loss. Always set plan and profits will folow.
I do not know, I think crypto and forex have the same path. only, forex uses currency, and crypto using cryptocurrency. well, but everyone's ability is different in these two areas. maybe for cryptocurrency users, crypto trading is easier.
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February 28, 2018, 01:26:12 PM
 #140

My experience in forex trading is also dismal, that is why i discontinue forex trading. The chance to earn in forex is slim than in crypto trading if you are a small time investor. Those who gets rich on forex are really those big time investors. Both are risky but i like investing in crypto more. I did not earn much on forex and i regret investing on forex and won't do it again. 

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