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MI6
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September 28, 2018, 05:58:55 AM |
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For now i wouldn't jump into forex, it is hard for me to learn it until now and i don't know can success in that or not. Some people maybe good in everything but others are not. And me is one who not do forex. I will say forex is good but have bigger risk.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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manggis97
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January 17, 2019, 03:05:13 AM |
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All forex trading platform is offer margin trading with leverage, with leverage we can maximize the profit but also the risk will be higher. In forex trading we have to know how many leverage and lot to use to avoid big risk. And the normally target profit for forex trading is 20%-30% a month. Use low leverage so we can avoid high risk, and the broker for forex trading that allow to make deposit and withdraw with Bitcoin is SimpleFX and FX open.
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anggi
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January 17, 2019, 05:34:07 AM |
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For now i wouldn't jump into forex, it is hard for me to learn it until now and i don't know can success in that or not. Some people maybe good in everything but others are not. And me is one who not do forex. I will say forex is good but have bigger risk.
well, many people trade as another way to generate bitcoin. many people succeed in this field, and become professionals. but, there are also many people who fail at this. however, trading has almost the same reciprocal impact. so, you can produce bitcoin in this case, but you can also lose comparable assets. experience is what is needed here. |
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adaseb
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January 17, 2019, 06:23:46 AM |
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Making money trading forex is not as easy as you think. In my opinion I think its easier trading Cryptos than forex because they seem to follow TA more than Forex.
Only good thing about Forex is that its a 23 hour a day market and you can get very highly leverage with most brokers. You also get good leverage with a regulated futures broker too to trade the main pairs like EUR, GBP, JPY, CAD, AUD, CHF, etc.
If you want the easiest market to trade then that would be traditional stocks. Usually they follow a bull market and are easy to make money in. Usually people trade stocks using the VWAP and the Moving averages.
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capoeira
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January 17, 2019, 01:52:09 PM |
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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.
I had a deeper look at the options: https://bitcointalk.org/index.php?topic=716530.0 |
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wayancrypto
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February 11, 2019, 12:40:15 AM |
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CFDs margin trading is much different with spot trading, because if we are loss in margin trading we dont have any chance to recover it except make deposit again with new fresh money and do trading again, but in spot trading incase we getting loss, we can recover it just by holding. So that mean margin trading more risky than trading on the spot market.
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capoeira
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February 11, 2019, 11:16:46 AM |
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we can recover it just by holding. So that mean margin trading more risky than trading on the spot market.
lol. you realize that bag-holding is very risky, don't you? it may work some times, but at the end it will break you |
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mistercoin
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https://r.honeygain.me/XEDDM2B07C
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February 11, 2019, 08:27:16 PM |
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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.
You need to spend a good amount of time watching news and analyzing international affairs to make informed decisions in regards to trading ForEx. Once you get the hang of it though, it's quite rewarding. --MisterCoin |
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Hivalley
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February 11, 2019, 09:03:00 PM |
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Risks are not also absent in forex trading,neither is it a safe haven,its also as risky as the bitcoin(cryptocurrency trading)is and also requires study,practice and effort as well.
Whether you're trading on forex or on cryptocurrency,risks are involved,what really matters is how this risks are managed,and how effectively they are managed
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Bagaji
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February 11, 2019, 09:32:07 PM |
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Only if you know what it entails for one to be successful in Forex trading it is only then you stop to recommend Forex trading to people who don't have the patience. Trading in my opinion is not meant for everyone as the risk involved is too high particularly as it deals with Leaverage which means there is high tendency of you loosing all your money.
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enawati
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https://adonx.one
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February 12, 2019, 03:40:27 AM |
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I been jump in to trading since 3 years more and i already try all trading in different asset include spot and margin trading also binary option. I been in forex for a years but hard to earn consistent profit, this is because of leverage. I think is more profitable to trade in spot market like crypto and stocks. I prefer to trade in spot market without use any leverage because this is more safe and profitable.
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maxreish
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May 02, 2019, 04:18:19 AM |
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I think I already had a confidence to try forex trading. But then I was very hesitant to try it out since the minimum capital shall be $1000. Until now, I am reading and reading about forex trading, broker and contracts, etc. Been saving up money to find it. Though I know already how to read some technical analysis, I never tried it with forex so I was still undecided.
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DeadCoin
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★ Investor | Trader | Promoter
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May 02, 2019, 06:02:41 AM |
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Haven friends who are into forex trading now. Seeing them earn profits minimum once in 3 days, i have opened an account on forex. Ready to trade now. Need to plan and choose the right currency paring my local currency. Wish to invest the profits earned from forex into crypto. Would start soon.
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capoeira
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May 02, 2019, 12:08:28 PM |
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minimum capital shall be $1000.
that's not true at all. check out this list since all of them have way lower minimum, and some have a teoretical minimum of 1 satoshi: https://bitcointalk.org/index.php?topic=716530.0 |
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Oilacris
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May 02, 2019, 12:49:48 PM |
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On those traditional FX brokers like XM.com then most of the time you would really need to have atleast 1k usd trading account but there are brokers which do allow lower than that. Forex trading is indeed more stabilized or less volatile than crypto but as expect the profits to be made wont really be that big but I do much prefer on using technical analysis on forex than on crypto. |
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Gheka
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May 02, 2019, 01:11:23 PM |
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Haven friends who are into forex trading now. Seeing them earn profits minimum once in 3 days, i have opened an account on forex. Ready to trade now. Need to plan and choose the right currency paring my local currency. Wish to invest the profits earned from forex into crypto. Would start soon.
I think you will soon realize that the forex world is not a suitable place for you, you will soon return to the crypto world because I've seen so many people make the same decision as you, see some people achieve success and profit with forex, give up crypto and go to forex to find success but the result was failure, the forex world was full of pitfalls and so vast, it had engulfed them. I was also a victim of forex, so many waves came, instead of making a profit, I lost everything I put into it, it is not an alternative to earning bitcoin, it only makes our bitcoin lose faster |
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traderethereum
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May 02, 2019, 01:49:47 PM |
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Forex trading will be more difficult for me because I cannot understand how to analyze the market movements.
Besides that, the forex trading will have too many techniques to learn, and it's not easy to learn one by one.
I still prefer crypto trading than forex trading. In crypto trading, we could learn one technique, and we can make an analysis base on that technique.
But I see that many people can easily understand the forex trading lesson and they can also make a profit from that.
Maybe we have a different method to make a profit.
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Pursuer
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May 02, 2019, 03:01:27 PM |
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I disagree, it is not difficult at all to make profit trading cryptocurrencies that you decide to go to Forex trading and earn profit there. what is difficult is when you try to do something you have no experience in and don't know how to do it. it is like wanting to fly a plane without even knowing how to let alone having some practice! it won't work, and it won't work if you go to trade Forex if you are not familiar with that market either.
in my opinion if you are here and interested in taking the risks of trading then stick to trading cryptocurrencies instead. it is a lot more profitable specially if you are willing to buy the pumping altcoins.
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Only Bitcoin
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Mpamaegbu
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Once a man, twice a child!
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May 02, 2019, 06:41:04 PM |
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OP, you're right about the Forex market being more stable than what is obtainable in the crypto space. It's a different business entirely and well established with over $5trillion daily market cap. Its advantage over cryptocurrency is really overwhelming and it's not an alternative to earning Bitcoin. Alternatives to earning Bitcoin is trading in altcoins
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palle11
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May 02, 2019, 10:07:13 PM |
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But have you considered the risks involved in the forex
As to what I know and can say, no market that is isolated from risk, they all have risk but we can't fold our arms and not to struggle to survive because of fear of losing our money. I believe that even losing your bitcoin in trade is more painful than fiat because bitcoin price is likely to increase far more than fiat. |
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