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Author Topic: Trading FOREX or Crypto?  (Read 1729 times)
Duogembrot
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April 27, 2018, 01:39:58 PM
 #381

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 see trading in cryptocurrency better and safer than trading in forex because in my opinion the risk of playing on the forex is higher because it's not too clear price movement of coinnya, whereas in the world cryptocurrency coinnya price movement very clear.
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April 27, 2018, 01:48:48 PM
 #382

If you ask me i'll go with trading crypto rather than forex because forex is much more harder to read the market because there's alot of things you need to check so you can get more accurate trades.

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April 27, 2018, 01:51:15 PM
 #383

I will choose crypto because i been doing this for a long time already im not good or pro in trading but i did this already and i have a small knowledge of this already. I will try trade forex later also if i have a good money to start and if i have a big time to do live trading in forex.


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April 27, 2018, 03:46:50 PM
 #384

I will choose crypto because i been doing this for a long time already im not good or pro in trading but i did this already and i have a small knowledge of this already. I will try trade forex later also if i have a good money to start and if i have a big time to do live trading in forex.
Trading at forex sometimes felt boring when you already experiences crypto, the market in forex needs much time of effort , but still depends on which coin or how will it be managed.


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April 27, 2018, 04:02:23 PM
 #385

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?


Hello, Great Topic. I have had 11 years sojourn in forex trading. 8 of those 11 years were consistent losses. The last 4 years i then began to understand the market and breakeven and moving into profitable trading. But the moment i discovered Cryptocurrency last year, i dumped forex and started crypto and became succesful in trading and ICos within 6 months. The experience i had from the forex markets played a major role in my crypto success.Example when Bitcoin kept pumping fro $6000 to $20000 and everyone was excited, i was telling my friends crypto charts is no different forex charts. What goes up must come down, they all insulted me but then it finally happend. I had taking profits weeks before the market crash. I believe that for someone who has experience with forex, especially in the area of Risk management, it would be easy for such a person to make cool money from cryptocurrency trading and investment.

Some key things to note:
Its more about timing: understanding that markets roll in cycles: Bear markets and bull markets. This is where timing comes in. You should only be buying at the end or bottom of the bear market. you should only be selling(shorting) at the top or end of a bull market. I hope these few words of mine help. will like to know how much progress you have made since your first post. By the way i am back to forex trading now. Doing crypto and forex side by side
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April 27, 2018, 04:25:05 PM
 #386

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.
The thing with crypto is that its relatively new and will take years to become regulated and complicated like forex. This early stages of crypto were the days of easy money. All one need to do was buy bitcoin eth or other cryptos and hold for a  while and you would be making some cool 2X to 5X returns consistenctly till 2017 ending. Crypto was easy money. its only now begining to get complicated like forex. i believe the days of easy money are over
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April 27, 2018, 05:30:04 PM
 #387

crypto is more simple than that forex
even newbie can learn and being trading easily when trading in crypto
but when u try forex u need like technical analysis and a lot of skill to learn
forex is more complicated that what u think

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April 27, 2018, 05:57:14 PM
 #388

I am not quiet familiar with forex but i am preferable with cryptos because i have a friend which guides me in dealing with cryptocoins. At first it makes me wonder that this job is difficult but after i am oriented with my friend, sounds easy especially in joining campaigns.

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April 27, 2018, 06:24:13 PM
 #389

I'm not very experienced in trading forex. maybe I will take the opportunity to trade crypto. well, so far, I did benefit from crypto trading, and I think it has a pretty big advantage. well, everyone has a different way.
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April 27, 2018, 07:19:56 PM
 #390

At the moment, the market is controlled by large whales. They write news, raise the price to $ 20,000 and then lower to $ 6,000. This will happen until the time when the market has a low capitalization
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April 27, 2018, 07:32:14 PM
 #391

I prefer crypto trading rather than Forex, because I believe that trading crypto currencies is a lot safer, and more profitable than forex or trading fiat and physical assets.
In addition , you have to begin with really big budget with forex, in order to make some profit later (and always there is a risk of losing). With crypto you can always start with the smallest amounts until you get good experience about this field.
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April 27, 2018, 07:46:58 PM
 #392

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?


Crypto markets are also unpredictable and there are so many individuals who are manipulating it. I wish you a good luck to your decisions.
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April 28, 2018, 12:58:16 PM
 #393

I think depending on where are you comfortable in trading skill, some of us prefer to trade in crypto only because ghey feel uncomfortable in forex or some trading platform. There some people also love to trade in forex because they feel easy to earn money in forex. It think that was depend on your skills on trading.


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April 28, 2018, 03:41:41 PM
 #394

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?


really we are free to trade, we want in forex or crypto it's up to us, the most important we are comfortable and can benefit, suppose you want to try to move to trade in crypto also no harm, as no one can control price bitcoin, even though it's a government or a big investor though,

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April 28, 2018, 04:54:31 PM
 #395

price movement crypto currancy no one can control, the price movement is determined from supply and demand, the government can not control the price of crypto currancy.
to earn profits in forex and crypto depending on your skill in predicting price movements
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April 28, 2018, 05:29:07 PM
 #396

The principles of price movement everywhere the same. Both on the stock market and on the currency and cryptocurrency. So don't complicate your life.
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April 28, 2018, 05:33:17 PM
 #397

Trading in cryptocurrency it's very good way to earn tokens, because that new marketplace where you can get good profit, I think. Read please more about cryptocurrency dumps
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April 28, 2018, 05:50:29 PM
 #398

People who are good into the forex trading can easily learn about the cryptocurrency trading. Here the complications is the increased risk associated with it compared to that of forex. Another thing people never get into cryptocurrency trading that easy similar to that of the involvement into forex.

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April 28, 2018, 05:51:29 PM
 #399

Personally, I prefer to trading in the crypto
I think that trading in the cryptocurrency is easy than forex. Forex is very hard to analysis on the market

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kramr
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April 28, 2018, 07:46:12 PM
 #400

Forex really remains an attractive tool for earning, primarily because of its low volatility, leverage and the possibility of trading through a broker. But still the crypt now takes over the baton and over time, forex either integrates with the crypt sphere, or dies
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