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Author Topic: Trading FOREX or Crypto?  (Read 1730 times)
Dewao
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March 03, 2018, 03:39:07 AM
 #161

There's a lot of people earn in forex because they are now expert and they know now how it is really works.  Those people who earn a lot of money in forex are smart because they do even it's hard to understand this.  Trading is easy to me because it is easy to understand and even you are newbie you will understand easily even you are no knowledge about trading you can start but yoy need to learn before you earn.
Yes I agree with you there's a lot of people earn in forex trading, many of us my friend are get profits from forex. It depends on person to earn in forex, if they understand how it's really works and to know how to trade in it.
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March 03, 2018, 04:17:01 AM
 #162

poor you because the crypto market is also an "information market". there are too many fake news in this market which influence in the price and you are not easy to use technical analysis. But you can try and i hope that you will succeed

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March 03, 2018, 04:34:24 AM
 #163

There's a lot of people earn in forex because they are now expert and they know now how it is really works.  Those people who earn a lot of money in forex are smart because they do even it's hard to understand this.  Trading is easy to me because it is easy to understand and even you are newbie you will understand easily even you are no knowledge about trading you can start but yoy need to learn before you earn.
Yes I agree with you there's a lot of people earn in forex trading, many of us my friend are get profits from forex. It depends on person to earn in forex, if they understand how it's really works and to know how to trade in it.

if your not dumb at all and you can read, for sure you can always earn not just on forex but almost anything as long as you only have a capital to risk with. in terms of popularity , forex is still popular because it is the first to came out before bitcoin or any other cryptos. that is why i think forex is better than crypto. im not an anti bitcoin , infact i also invest and trade on bitcoin but when it comes to polls like this , i always choose the legit and most trusted one.
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March 03, 2018, 04:36:00 AM
Last edit: March 05, 2018, 02:50:21 PM by gabbie2010
 #164

Forex and crypto trading are quite similar but the former looks more popular and stable in terms of volatility while the latter is not quite popular but very volatile, if you can transfer your expertise in forex trading to crypto I am convinced it is going to work out perfectly  and as well earn well although it is better to demo trade first before investing into it

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March 03, 2018, 11:11:10 AM
 #165

I think the logic that you didnt have much success at Forex and expect to jump into huge profits trading crypto is pretty flawed. There is alot of money to be made in both fields, but it takes years of hard work. havin traded both, crypto is more volatile so in theory provides more opportunity for both big wins and big losses. Good luck.
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March 03, 2018, 11:35:05 AM
 #166

With a so high volatility, crypto for sure provides bigger opportunities for profits, but - inevitably - also for losses.
What I observed is that - probably due to the fact that usually forex traders are more experienced - in the meanwhile forex market is not too reactive to standard news, when a politician makes a declaration about bitcoin immediately cryptomarket starts to panic or starts to be euphoric.
This is good, because it makes the market very predictable.

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March 03, 2018, 01:33:27 PM
 #167

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.

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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.
Exactly, there is no market that is not controlled anyway since we have the whales as well in cryptocurrency. However, every market like you have said cannot be predicted, but with the help of analysis which he said he has the knowledge of, I guess he should be fine.

Something a little bit worrying though, is how he could combine fundamental and technical analysis in Forex and still ended up flopping? Maybe he is getting a lot of things wrong and he need to understand that crypto is even more volatile.
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March 05, 2018, 05:17:59 AM
 #168

forex is very risky even I done it before but if you do it then no need crypto. if it risky for you then join crypto and trading. it is best suggestion for u.
There is absolutely no market that is not risky, you only have to be very smart when trading any of the market and make use of your stop loss in a very tight condition. I have traded both and I can say even the crypto market is more complex than Forex which is even a controlled market. Cryptocurrency on the other hand too seems to be controlled now anyway, and for the fact that there are whales in the market does not really make it any different, so at the end, we are just tagging along with all markets in every situation.
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March 06, 2018, 05:58:59 PM
 #169

forex is pretty much locked down by professional traders , so there are not many chances to make money. crypto should be easier in theory because it has more volatility. the easiest way is to trade on low marketcap coins .
I agree, not only professional traders are there but banks as well if you complain about the whales in bitcoin you do not know how the whales in forex can manipulate the market, while the volatility is less everyone is leveraged to the hilt so a few cents in the change in the price of the dollar can mean the banks earning a small fortune with each one of those trades while everyone else losses money.
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March 06, 2018, 06:18:03 PM
 #170

forex is worse than crypt.
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March 06, 2018, 07:07:15 PM
 #171

Yes I totally agree with you because i have experience on forex trading business that sometimes I got profit but most of the times I lost my raw funds from forex trading. But I wouldn't say it is too risky if you are experienced at trading. You could apply the same experience in daily trading for various altcoins in cryptocurrency.

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March 06, 2018, 07:32:27 PM
 #172

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?


Whether you are trading crypto or forex you need to use any one kind of trading style and approach to be successful no mind whether it is Technical or Fundamental.And when you can't manage your trades and your emotions in FOREX which is also almost similar to the CRYPTO CURRENCY then how come you can expect to profitable in trading the  CRYPTO market. Trading is an art and it will take some time to master it and try to master it along with your emotions. Forex, stocks or crypto doesn't matter's a lot what matter the most is how you manage them well and make your living.

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March 07, 2018, 09:53:05 AM
 #173

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.
Every market is definitely unpredictable and analysis is just the only thing that helps every trader to know if it is the right move or not. Nevertheless, I would not say I have not made more in cryptocurrency than in Forex, most especially, after considering that there are so many weak traders and those who want to make quick bucks from trading without learning in the crypto world and who would not want to take advantage of such situation?
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March 07, 2018, 03:31:46 PM
 #174

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?


FOREX is the worst way to invest your money for sure. For exemple, several friends of mine are fret crypto traders who gain a nice profit. but every FOREX "successful trader" is an advertiser - This statement works nearly 100% of the time
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March 07, 2018, 03:46:18 PM
 #175

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?


FOREX is the worst way to invest your money for sure. For exemple, several friends of mine are fret crypto traders who gain a nice profit. but every FOREX "successful trader" is an advertiser - This statement works nearly 100% of the time
another reason is leverage i think.by using this leverage make us can not controll our emotion.we could open much transaction with small balance that very risky to our balance.very different with cryptomarket that need leverage 1: 1 for open transaction.and still much again thing that make trading forex not comfort for some people.

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March 08, 2018, 01:04:11 PM
 #176

For sure Crypto , Forex is like casino where you will already lose , on crypto you win every time when you a right or after good analytic , on forex you will fail time to time until u will go out from it or will loose everything you have.
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March 08, 2018, 01:07:56 PM
 #177

Various forex trading and cryptocurrency transactions. The capitalization of the cryptocurrency is much smaller than the forex market. We can not apply the rules of the forex to the crypto because it depends a lot on the transaction volume of the unit we want to trade.
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March 09, 2018, 04:56:12 AM
 #178

There's many individuals gain in forex in light of the fact that they are presently master and they know now how it is truly functions. Those individuals who acquire a ton of cash in forex are brilliant in light of the fact that they do even it's difficult to comprehend this. Exchanging is anything but difficult to me since it is straightforward and even you are beginner you will see effectively even you are no information about exchanging you can begin yet you have to learn before you procure.
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March 09, 2018, 05:19:26 AM
 #179

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 think that forex is already unpredictable to you, you also must be ready with the volatility of the crypto coins market. Its 2x or more unpredictable than the usual forex trading. A deep research, analysis about the coin you are going to trade and patience will be your key here in crypto trading.

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March 09, 2018, 04:09:41 PM
 #180

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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