Trading FOREX or Crypto?

[drachman]

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.

No market is going to guaranteed you any profits, Forex is heavily manipulated and insider trading happens all the time but cryptocurrencies are not much better whales manipulate the market as they see fit, the exchanges do the same and most of the time the small investor is the one that puts the losses making the rich richer and the poor poorer.

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[Ashimwe]

Forex trading is very unpredictable and hard to make a little profit, would rather trade crypto, markets of coins are determined by demand and news and most of the coins are decentralized which gives no one the ability to control them but often whales do so lol...

[Ishiro5]

there are four advantages crypto trading has over forex
1. the probability of losing all your funds like forex is almost non-existent
2. The ROI can be astronomically high over a very short period of time
3. No need for special applications to be installed on your PC or smartphone to start trading.
4. Not limited to graphs

There are 2 major advantages forex have over crypto trading.
1. price movement of currencies is not dependent by direction of bitcoin.
2. Susceptibility to hacking is remote

So weigh the options and decide.

[Saidmod]

there are four advantages crypto trading has over forex
1. the probability of losing all your funds like forex is almost non-existent
2. The ROI can be astronomically high over a very short period of time
3. No need for special applications to be installed on your PC or smartphone to start trading.
4. Not limited to graphs

There are 2 major advantages forex have over crypto trading.
1. price movement of currencies is not dependent by direction of bitcoin.
2. Susceptibility to hacking is remote

So weigh the options and decide.

I like your post and it gaves me another additional knowledge why forex and crypto were different. I have no experience trading on forex because i can't afford to lose and to spend money. I have no strong or fast internet connection also to try it.

[ToyotaFortuner]

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 prefer trading in cryptocurrency instead of trading in forex because I believe in cryptocurrency is more promising and safer even more profitable, playing forex is too dangerous and I hear your money can be lost there and I also heard there is only a broker game. so I prefer to play crypto trading.

[sunnydmd]

I think you should switch to crypto market to see how they are the same, which is very unpredictable
in every market, very small group of people that have big money control the market,
the Capitalization of FOREX much bigger than crypto market. so the trick "they" use are very different
you can never predict someone would do something, so this is experience game. hope you find something out  and maker profit

[waitforme]

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.

I agree with you, trading has more opportunities for us. If we spend money on elephants, we can get the right information. Thanks to that information we can make a lot of money because the whales always control crypto.

[srabone]

i think crypto better , iff you want trading with forex you need lot off money for backup fund ,

[colake]

I think both are risky and require some trading knowledge. As far as I know FOREX is much more difficult for newbies many ending u losing money.. Crypto can be the same but I think it is a bit more accessible than forex to people.

[v0rtecxz]

I think you should try to enter in crypto, with your experience and trading knowledge on your forex trading can be quite easy to start crypto trading, but in crypto trading the price is more likely to move quickly and difficult to predict different from forex trading with skill you can get predictions by using fundamental techniques and technical analysis, but I still believe if you keep trying and understand it you will get good results

[SyrulRamadhan]

I think forex is a bad place there all relying on luck if you like the forex challenge may be suitable for you but if you want to invest crypto a good choice. but return your choice personally 

[1Referee]

As far as I know FOREX is much more difficult for newbies many ending u losing money..

It's not per se more difficult, but forex brokers offer so many (gambling tinted) features to play around with, that people nowadays have started to see it more as a fun game rather than something that requires solid attention and understanding. Forex brokers even advertise with how you can sign up and start investing/trading within a few minutes, which indicates that the main focus is no longer attracting professional parties towards forex brokers, but also the average joe, which is dangerous. Most people experience direct failure on forex platforms because they get involved in options and whatnot, which is something that they don't seem to understand. On most crypto exchanges people aren't subject to these desctructive features, and as long as that is the case, they are somewhat protected against themselves.

[gantez]

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 have to tell you that both forex and crypto market is unpredictable. They have almost the same pattern. You need to understudy both market and know the one you can comfortably trade well and make profit. Do more research, on you tube, written document and go for seminars.

[dillpicklechips]

All markets are unpredictable but not totally because if so then that would be pure gamble. In crypto trading, the volatility is very imminent and would cause extreme panic if you don't know what you're doing but you will observe here that the returns is quiet great in general as well as the losses.

[noormcs5]

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 think you are on a bitcoin related forum and everyone here will advise to invest and trade in Crypto.
If you have no previous knowledge of  any trading, then Forex trading will be very difficult to understand. Also These days digital currency trading is more profitable as well as more safe. You cam also find lot of information on crypto trading on internet and youtube which will further help to understand and do trading with ease.

[DonFacundo]

I think forex is for big investors and its not profitable for small investors, you should go crypto trading because you can gain profit any minute because volatility of cryptos but there is a risk of course. No one can control bitcoin but the whales, government and celebrities they can crash bitcoin by spreading FUD.

[wack slacker]

Forex uses national currencies for exchange and forex rates are low if you do not use margin. Crypto has a very low trading volume and when you use a large amount of money to buy, the value of profit can be up to 10 - 100 times in a short time.

[Saidmod]

Forex uses national currencies for exchange and forex rates are low if you do not use margin. Crypto has a very low trading volume and when you use a large amount of money to buy, the value of profit can be up to 10 - 100 times in a short time.

It depends on what kind of crypto trading do we use to trade as i saw many people are in crypto but not in marginal trading especially for thise who are emotional in trading. Crypto trading can be for both short-term and long-term however marginal and forex is almost the same style of trading methods.

[amzadabir]

I trade Forex Market and Bitcoin vs US Dollar. The biggest difference between the two is now more profits than my profitable trading Bitcoin trading currency.
Remember, to become a profitable business, you have to make more money to do more business than being frustrated rather than losing your businesses. It means that the reward in ratio of your trading will have a positive risk.
In terms of foreign currency, I consider 1: 1 risk more so that it can be good. And I can get occasional events with risks of 1: 2 or even 1: 3.
Trading Bitcoin, My First Ratio 1: 10 Risk Reward. That's right, my profit profit is set at 10 times the risk. Now, I'm not saying that every winner Trades is giving me 10 times the risk, even though I have achieved this big business.
But what I'm saying is that Bitcoin trading is a lot more risky.

[Wyne]

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?

Trading in FOREX and Cryptocurrency is not easy as 123, it needs deep understanding and analyzing on trading.  In forex, it involves different national currencies and proper timing is the secret weapon. You also need to analyze the current economy of the country that might lead to increasing or decreasing of their national currency.  It needs so much time and focus. On the other hand, trading in crypto also needs proper understanding on different cryptocurrency and proper timing when to trade is also the key. Trading in Forex and Cryptocurrency has a similar aspects, but the only difference is  Forex gives more opportunity to earn if you have lot of money to trade unlike in cryptocurrency that even you just have a small amount of crypto, it also give you equal opportunity to earn.