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Author Topic: Trading FOREX or Crypto?  (Read 1730 times)
yndye
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April 23, 2018, 05:06:19 AM
 #361

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?


The one who control the price are the whales. If you think that you already got away with the control of the big institutions then you are still wrong because it is still controlled by those whales who has big holdings of coin. The government has also something to do with the price because they have confiscated a lot of coins before and I don't think they sold it all but some are using it now to manipulate the market along with other bankers who spread bad news so that they can buy the coin cheaper. It is good that you already have knowledge with trading and you can start with crypto using the regular trading not margin trading.

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JPage
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April 26, 2018, 10:57:52 AM
 #362

The dumps of some coins at the pump, and dump of btc is still a challenge that I'm not completely understading, can you explain that?
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April 26, 2018, 11:13:48 AM
 #363

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 believe that if you are new to the market and have not had much experience then you should trade the crypto side, you can see that the crypto market is constantly changing but is much easier against the Forex side. The price of bitcoin is constantly increasing and this is the time for you to trade bitcoin and altcoin.

Whatever he does trading it will be the same, there are some big differences in forex and crypto trading but if he will going to do the same method or what he did in forex then don't expect that crypto will make him earn money. The principle is the same but the ways to trade were different.
The dumps of some coins at the pump, and dump of btc is still a challenge that I'm not completely understading, can you explain that?

Man, i think you are in the wrong topic. the pumps and dumps are normal better to observe it.
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April 26, 2018, 12:18:22 PM
 #364

Trading crypto is better and more safer than forex. We won't lose our money as long as we don't sell it. This won't happen with forex.
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April 26, 2018, 01:40:39 PM
 #365

Trading crypto is better and more safer than forex. We won't lose our money as long as we don't sell it. This won't happen with forex.
True, except on shitcoin !  Grin
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April 27, 2018, 01:18:02 AM
 #366

I think both of them are profitable but I havent try yet foreign exchange because it is too complicated to use for most especially to us beginners in trading.
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April 27, 2018, 02:30:48 AM
 #367

Trading need more and more experience Forex trading is profitable but is complicated and crypto trading is easy but more risky so decide your self I think you should buy Bitcoin,Eth ans some other good coins with your spare fiat money and old for some time. It will give you more profit.

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April 27, 2018, 02:40:08 AM
 #368

Basically you're saying it isn't possible to short cryptocurrencies and that is apparently so, because almost all exchanges do not support the feature, but that is one such occasion where an earlier knowledge an skills in trading forex can give a cryptotrader a head up on shorting can eventually be achieved. Must be above is the opinion of yet another person not versed in forex trade, because brokers abound that readily grant no deposit bonuses as incentive to would be traders and  there are many brokers that accepts as little as $5 minimum deposits
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April 27, 2018, 02:40:12 AM
 #369

That's not true and you don't sound like you have tested forex trade at any time. For a start, in forex trade, we deal with brokers and not exchange companies. Most brokers are registered and regulated and a number of them are able to link you to the real inter-bank rates depending on your financial strength and there are also market makers, best known as bucket shops. I think you are not wrong but you are also not right completely. Forex though having large volumes of the trade it is still small part of the whole thing because number of foreign currency that we have are much lesser as compared to the crypto currency that we have
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April 27, 2018, 02:47:41 AM
 #370

Basically you're saying it isn't possible to short cryptocurrencies and that is apparently so, because almost all exchanges do not support the feature, but that is one such occasion where an earlier knowledge an skills in trading forex can give a cryptotrader a head up on shorting can eventually be achieved. Must be above is the opinion of yet another person not versed in forex trade, because brokers abound that readily grant no deposit bonuses as incentive to would be traders and  there are many brokers that accepts as little as $5 minimum deposits
That's right. Each market has their pros and cons, therefore, whether you choose forex or crytpcurrency, what's important is you study how the market works so that your moves and ventures would be successful. It also has its own risks that could make your break your investment.I think you don't know details of Forex market, if you have a experience with forex market then you can find out the market prediction
mauriek
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April 27, 2018, 04:33:24 AM
 #371

Trading crypto is better and more safer than forex. We won't lose our money as long as we don't sell it. This won't happen with forex.
In this period, trading Crypto yeah it's better than trading forex, because this is the digital era where very much new Crypto born every day. We can easily choose a cheap coins in the Market, then hold it for long time.
ar72
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April 27, 2018, 05:30:00 AM
 #372

I think trading in forex and Crypto are same. We will also use the same analyze, and other method. The difference is price. Crypto is more unstable than forex.
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April 27, 2018, 06:23:33 AM
 #373

I think trading in forex and Crypto are same. We will also use the same analyze, and other method. The difference is price. Crypto is more unstable than forex.

it's not the same, forex is two opportunity you can buy - sell and sell - buy
Crypto, just buy - sell. the different system. Of course we need a analysis and strategy for trading.

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April 27, 2018, 06:53:08 AM
 #374

For me Trading Crypto is the best because the altcoins and bitcoin price is pump so much not like FOREX money you will just get few profit with it and on Crypto Trading there's alot of coins to trade.
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April 27, 2018, 06:57:46 AM
 #375

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?


of course I prefer trading in forex trading than cryptocurrency because I think trading on forex risk is very high because it does not have the project developers and even the use of coin that is clear, whereas if trading in cryptocurrency the more you minimize your losses because the level in cryptocurrency is very much a good project and use coinnya so that we know what are the potentially coin or not.

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April 27, 2018, 07:12:25 AM
 #376

I have trade forex in 2011 and lose money but since I came into crypto currencies in 2016 things has really changed and I can easily predict the direction of price and make some good money by just follow some experts on twitter.
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April 27, 2018, 07:29:08 AM
 #377

Forex requires storng technical analysis skills. Also leverage 100x-200x is very dangerous.

I prefer Crypto trading (only major caps like top 10). However crypto traders should not trade with leverage more than 3x otherwise it is suicide. 
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April 27, 2018, 07:33:47 AM
 #378

They are similar if you use less leverages on forex, but you can also use 1broker to trade with crypto on traditional assets as forex methodology, but the volatiliy and the technology makes me trade in forex as a long year trader in forex. Nowadays I prefer crypto but I also look for opportunities in forex also bitmex is a good version of integrated platforms.
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April 27, 2018, 07:35:45 AM
 #379

I don't know how foreign exchange is traded, but I know that cryptocurrency is a good investment.

Encryption is unpredictable, and you might get several times as much.
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April 27, 2018, 10:48:08 AM
 #380

If you know both of them, you should do both. There is not much difference between them.
But, cryptocurrencies are a bit more risky and can be pump-dump with little money than Forex.
But, if we compare it for make profit, cryptocurrencies are more profitable. It is not so difficult to make money in the crypto, so you can also do it in Forex, but it takes some time.
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