Forex trading, an alternative to earn bitcoins

[markint]

It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.

That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

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[karungbitcoin]

CFDs/ Contract for differents trading is more risk than spot trading because there any option to use leverage and margin, but with management of risk and money we can reduce the risk, and for better use lower leverage to minimize the risk. Now many regulated broker created CFDs trading that we can make deposit by use crypto to trade many different asset , like stocks, forex, and also pair of crypto. So if we have skill to trade these asset we can use Bitcoin to make deposit so we can increase the balance of BTC , and when the price of BTC going up later we will make anothers profit from it.

[Sony.UK]

It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.

That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

Forex trading is the way for many people making money. I really don't understand why people looking out for trading kind of experience when the value is cheap.
Alternative earning in the sense you need to wait, invest and hodling the fund.
You find all set correct with in few minutes you may will be get the profit.

[frowsiter]

But have you considered the risks involved in the forex because of the no incriminates in the CFD for longer period of times? I mean they are the slowest trade you will find on the market and has got no volatility as like bitcoin and other pairs.

Now you may ask why the volatility is such great importance? Well I would say it is important because thats what giving you earning opportunities by applying the simple techniques of buying and selling off course also knows as Hi-Lo trading. I guess forex doesnt allow you such flexibility of the trading and I would really stick to the crypto trading (purely) if I was given chance to select one.

[guoyu78]

It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.

That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

Trust me mate, for someone with no knowledge of trading the market, they will as well meet the same fate in the Forex market just as they ended up having it in the cryptocurrency market. Nothing different at all. They are all markets and the same principle applies.

If you fail to trade without a strategy, failing will be next outcome for such a person and as long as you are knowledgeable, you can trade any market that you want effectively as long as you understand the basic things you need to know about the market.

[goodluck0319]

I noticed that when bitcoin started to plummet after December 2017 many forex brokers closed the opportunity to trade bitcoin. I think this means that you are not trading bitcoin, and trading expectations of the broker

[Binugon]

It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.

That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

Forex trading has a very high risk, but the advantage is that it can produce a lot with a short time, in addition to high risk but this forex trading has advantages such as flexibility of place, time, can transact at any time, can do it with limited capital and relative transaction costs low, maybe this is the reason for investors to use forex regardless of the risk.

[Gozie51]

I will just say simply that forex trade is not an opportunity to earn bitcoin. It exist on itself and an opportunity for itself. For a trader who is finding it difficult to make profit in either of the market means they can't survive in both market because to me, they are the same strategy, principle and analysis. You need to build a pattern that works for you.

I think the major difference is that, in forex, you can order a trade both ways.

[awik p]

I will just say simply that forex trade is not an opportunity to earn bitcoin. It exist on itself and an opportunity for itself. For a trader who is finding it difficult to make profit in either of the market means they can't survive in both market because to me, they are the same strategy, principle and analysis. You need to build a pattern that works for you.

I think the major difference is that, in forex, you can order a trade both ways.

besides that the difference is that forex uses a leverage system, so we can lose money in an instant when using lev 1: 1000. different from bitcoin trading, where only nominal assets are reduced by usd, so i think it is calmer

[Xenrise]

As far as I know, the forex is really down until now. The market is pretty much downed. I don't know does it have any connection in crypto for it to go down?

[kaineh]

Crypto market is way easier to trade than forex. In general, when a lot of people started to ask about different ways to earn BTC it's a good sign that the bottom is close

[Jackblack90909]

Forex is very risky, it is even riskier than crypto trading. In addition, the most Forex traders prefer trading fiat currencies or digital assets, not cryptocurrencies. I prefer to keep trading Bitcoin with cryptocurrencies or just the traditional way by selling/buying with fiat money.

[pavka]

Forex is very risky, it is even riskier than crypto trading. In addition, the most Forex traders prefer trading fiat currencies or digital assets, not cryptocurrencies. I prefer to keep trading Bitcoin with cryptocurrencies or just the traditional way by selling/buying with fiat money.

I agree with you about the high risks in Forex and add that here it has never been possible to earn as much as the market for crypto currency, although the risk is identical. In this case, the high volatility of the crypto currency is beneficial for traders.

[farosa]

This alternative is always there and money will be as long as it is. But the reason people move towards crypto trade is more volatility which means more earnings. In addition, there is a big difference between trading in forex and bitmex.

[Fatunad]

It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.

That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

Forex = Heavy centralized one, Fiat transactions
Crypto= Centralized(some exchange) but you can opt out to be anonymous on having no KYC, direct crypto deposits

Profitability?

High volatility means High profit but well it would really exchange into higher risk on losing money too but havent you notice that even forex traders jump in into crypto market because of profitability?

[figmentofmyass]

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

i always trade forex and commodities when bitcoin and altcoins are in a lull. it helps pass the time, and there are/were great bitcoin-only brokers who offered CFDs.

unfortunately, it looks like things are changing for the worse: https://www.sec.gov/news/press-release/2018-218

1broker has been shut down---the FBI seized its domain earlier today and they are being charged by the SEC and CFTC for offering swaps to customers in the USA without proper registration and licensing.

this does not bode well for other unregistered CFD brokers like simplefx. if you have funds on any brokers like this, i would withdraw ASAP!

interestingly, 1fox (1broker's bitcoin futures brokerage) is still up. if you still have funds there, i would remove it immediately as well. any funds held at 1broker are lost though.....

[leowonderful]

And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.

The important thing is to look for alternatives, and this is one of them.

i always trade forex and commodities when bitcoin and altcoins are in a lull. it helps pass the time, and there are/were great bitcoin-only brokers who offered CFDs.

unfortunately, it looks like things are changing for the worse: https://www.sec.gov/news/press-release/2018-218

1broker has been shut down---the FBI seized its domain earlier today and they are being charged by the SEC and CFTC for offering swaps to customers in the USA without proper registration and licensing.

this does not bode well for other unregistered CFD brokers like simplefx. if you have funds on any brokers like this, i would withdraw ASAP!

interestingly, 1fox (1broker's bitcoin futures brokerage) is still up. if you still have funds there, i would remove it immediately as well. any funds held at 1broker are lost though.....

Thanks for the warning. I had a few funds on 1Fox that I didn't touch for a few months there that I had forgotten. Seems inevitable at this point that 1Fox is also going to eventually go down or something of the sort soon- seems like the news on 1Broker's just starting to come out now as the press release was today, and it isn't at the front of any crypto news outlets yet. Certainly sucks for all of us trading forex.

[Indrawan77]

I think forex and cfd shared a same high risk with crypto trading, and why we need to look for another alternative, it xan split our focus and we can missed the big chance, and forex trading need a lot of money to earn, plus its centralised trading, I need to report all of my fund if I want to trade in forex, so its not a good idea for me

[rose9696]

I dont think the foreign exchange market is easy to analyze. I suppose in order to trade forex, you need to have many relationships. It's a very difficult money market and I've been involved. As if I'm not familiar with it but it's really confusing. Investing in the Crypto market will be better than Forex.

[Maheshkumar_Hrangkhawl]

I have tried Forex trading before and the results were not encouraging. Everything depends on luck, since the market is highly volatile. If you are lucky, then there is a chance that you'll end up with a good profit. If that is not the case, then you may see your life savings vanish in a matter of hours.