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Author Topic: How is trading cryptocurrency different from stocks and forex trading?  (Read 1340 times)
bots1
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October 24, 2018, 04:45:48 PM
 #61

I think depending on each platform, cryptocurrency can also be traded like a stock exchange or forex. In the future, crypto could have a wider range of trade, unlike the current exchange. The difference is only in digital assets and physical assets.

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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October 24, 2018, 05:32:24 PM
 #62

totally different

especially if you are talking trading alts

there is no regulation, no way to verify there is anything behind the white paper dreams and no way to verify most devs real id, no way to know if the exchanges are in on it

It is purely a gamble.

You are trading alts you are pretty much pure gambling.

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October 25, 2018, 07:41:53 PM
 #63

Since stock market is traditional, it is controlled by big-fat investors and stupid governors. They never lose money where market goes. Whether it bear or bull, they find a way to win. Because they are not only players in the game, they also make rules. For example, one a day you saw that a new tax instrument for goverment come into force. For now, crypto market is not in the servise of governors or any other groups. They intend to change it and take measures to impose their own rules to crypto market.
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October 25, 2018, 08:27:00 PM
 #64

Forex is a good and well-established market but the assets that are on it do not bring such income as from the cryptocurrency market.
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October 25, 2018, 10:25:49 PM
 #65

thank you for the information, so, I think that crypto volatility is more difficult to predict, because it is very fast.

forex trading, only provides USD currency and others, but crypto trading provides more thousands of assets or coins to trade.
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October 25, 2018, 10:37:17 PM
 #66

Stocks and forex trading looks simple than cryptocurrency which is more complex and lacks information to help traders to make more informed decision. In stocks, the information about the company can easily help predict the price of the stock than information on cryptocurrency.
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October 26, 2018, 02:19:56 AM
 #67

Stocks and forex trading looks simple than cryptocurrency which is more complex and lacks information to help traders to make more informed decision. In stocks, the information about the company can easily help predict the price of the stock than information on cryptocurrency.

Yeah stock is more predictable because there are a lot of data that we can used and there are insurance, so the price can't go very high or drop very low, so it's safer to trade stock rather than crypto, but the earning from crypto is limitless and you don't need any documents to start trade crypto
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November 01, 2018, 03:58:45 PM
 #68

How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594

of course different, but technically it has similarities in terms of analysis, technical analysis and reading charts. Forex trading requires more time and collects all information from various countries. but crypto trading is simpler
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November 21, 2018, 06:33:39 AM
 #69

I think depending on each platform, cryptocurrency can also be traded like a stock exchange or forex. In the future, crypto could have a wider range of trade, unlike the current exchange. The difference is only in digital assets and physical assets.
The main differences are those sold by digital products and physical products. Changes in cryptocurrency prices are very fast, forex and stocks are slower. For certain countries, cryptocurrency is prohibited, while forex and stocks are not prohibited for transactions. The most obvious difference is anonymous cryptocurrency, while forex and shares of the owner are known.
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