Trading with crypto or fiats? the right one? Your experience?

[miropp]

Perhaps you should try trading in this market. If your friends are making such progress, then it is not so difficult. It's always worth a try. And you will determine what is best for you.

[wayaneka]

Did you mean currency market is forex trading? In Any asset we are trading, the key to make profit is according to our trading plan, risk management and psycology of trading. Others trader who make alot of profit by consistent, also been loss and they keep learn from that, other thing is we should be patient waiting for best moment to entry for each trade. Understanding the trend of market by use technical analysis will help to decide when should to make open potition long and short.

[Polar91]

Trading with fiat is complicated for me. You have 2 options what kind of trading you want. You can choose either foreign exchange or stock market exchange. Both of them have different advantages but what I'm very sure is that you need to study it with full attention. Meanwhile in crypto, everything becomes easier. It doesn't require too much details. You don't need a huge capital to make trades.

[michellee]

So far, I trade cryptocurrency and if your means about trading forex, then I don't. But sometimes, I trade btc/altcoin with fiats because it could give me another profit in fiat and I can save or use that fiat to buy another altcoin or even bitcoin. You already trade cryptocurrency, and I think you don't have to move to fiat pair cryptocurrency if you feel it's complicated for you. We have a different way to make a profit and don't feel bad if you think that your profit is less than your friends because I am sure that someday, you can make a big profit than your friends.

[BlackPanda]

Currently crypto trading is much more interesting because it has a far extraordinary experience with opportunities that are still wide open.
Investing in crypto is a right opportunity because explosive price movements make us have the ability to sell and buy.
the margin generated will be very large, so for people who are smart at making decisions they will get success in crypto trading.

[adamlillian]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

Each field has its own characteristics and different ways to make money. I think your friend is having a lot of luck because the forex market is not easy to invest. It needs a lot of political and economic knowledge.
Don't be jealous of him, you should focus on changing your strategy to earn more money.

[natka]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

Each field has its own characteristics and different ways to make money. I think your friend is having a lot of luck because the forex market is not easy to invest. It needs a lot of political and economic knowledge.
Don't be jealous of him, you should focus on changing your strategy to earn more money.

I think that there is still a little more peace of mind and less risk when trading currencies in Fiat than when trading in a cryptocurrency market. Moreover, in my opinion, due to the stability of Fiat, a trader has a lot more options. Although if you take into account the volatility of cryptocurrency, then under successful circumstances your profit can be many times greater.

[samelvis]

The best thing to do is to trade with crypto and covert immediatly into fiat so as to ensure that it does not drop over night since fiat is a stable coin

[1Referee]

I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do.

In most cases friends tend to exaggerate what their income is, how many girlfriends they had, etc. I wouldn't pay attention to whatever someone else is making.

The most important aspect is that you should be happy with every single penny in profits that you end up making. If we have to believe people here and on other social media platforms, they trade for fun, make x percentage of profit per day, stopped working to focus on trading, etc. It's all bs. Don't let a bunch of fools make you feel bad because they "earn" more than you.

I like crypto trading more. Firstly, it is decentralized.  

Crypto being decentralized is totally worthless when you use centralized exchanges to trade on.

[Bitcotalk]

Perhaps you should try trading in this market. If your friends are making such progress, then it is not so difficult. It's always worth a try. And you will determine what is best for you.

Well, a businessman will always tent to make money regardless of the medium he or she is dealing in. So I think that both of them are the right currencies to trade/deal in.

You just have to have the kind of plan that would help you get the maximum out of the market. cryptocurrency has started growing these days a lot so I think that you should have a part in both of the mediums.

[Noa_Amable]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

the case is that fiat can move more than crypto. still, comparing your experience of trading crypto and your friends' experience are different things. we should compare single person experience of trading crypto and fiat to be honest.
try to trade fiat/crypto pairs, probably it will be a solution for you to combine it.

[MFahad]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

I have done trade in both, crypto or fiat. In Forex trading it is hard to earn than crypto trading. That's why i choice crypto.
And as you mention that your friends have more earning from fiat trading. So they will expert on it, but when they will have loss in fiat then you will see they  will have biggest loss, may be they will destroy their all profit which they have earned from fiat. In the other side crypto trading is easy and it is also safely than fiat. I suggest you don't greedy if you have profit from crypto trading then do it only.

[lienfaye]

I dont have experience in stock or foreign exchange because I am more familiar in crypto.

In my experience crypto trading is easy to understand although its also risky and you have to deal with guts, patience and not being greedy.

I heard stock exchange is profitable as well and I have friends sharing their experience, I think its not just about profit but its important that you're comfortable with what you're doing.

[GreatOrchid]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

As you can see, there is always change in the world we are living most especially in the community of crypto currency. But first, investing on both the bitcoin and fiat is not a bad thing. Well, it is not truly investing but rather, trading. And you mentioned in your post that your friend are trading too but different than yours because you trade using crypto currencies while your friend is using fiat currencies. You don’t need to bother by your friend’s profit. Why? Because let’s say he is doing another method in trading and it doesn’t suits your strategy, so even you will know it, you still can’t have what he/she is having.
Every individual have their own capabilities. And more than that, for me, your choice is right, walking in the path of crypto currencies. Bitcoin is very volatile, but trading with it is a better future awaiting ahead.

[jrrsparkles]

Currently crypto trading is much more interesting because it has a far extraordinary experience with opportunities that are still wide open.
Investing in crypto is a right opportunity because explosive price movements make us have the ability to sell and buy.
the margin generated will be very large, so for people who are smart at making decisions they will get success in crypto trading.

crypto market's price volatility is not much when compared to the previous state but still it is more profitable when comparing to the fiat value so actually cryptos can give us more profits or more loss depends on the person how skillful on handling their crypto currencies.

Right choice to trade their crypto when they knows the technical analysis,or just to hold it until the market gets greener.

[omonuyak]

I have trade forex before and now cryptocurrencies trading.  There is no much different between the two and if you used fiats or Cryptocoins in trading you are doing the same thing from different views.

[kurian]

I used to trade in Forex but, I was not good at trading that time. I was a beginner back then. Cryptocurrency market is different for me. Here market manipulation is more than currency trading and the pump and dump are too often. So, we can't simply rely on indicators and candle stick patterns in crypto currency market. On the other hand, Forex is not that volatile compared to crypto. However, I love trading on crypto.

[joeperry]

in the fiat trading/Forex trading the market is not as volatile as the cryptocurrency but i may say that the price of the fiats here needs some time to grow or to fall which has an advantage and disadvantage. The advantage of this is that you can't lose quickly your profit and the disadvantage of this is that you really need a high amount of investment since the changing of price takes some time.

In crypto trading the advantage of this is that even though you invest a small amount but if the coin was pump you can earn easily but the disadvantage of this is that in a matter of seconds, day or week you can lose all your money because of the "manipulation" of the market or because of the volatility of the market.

[Golftech]

I trade with crypto currencies. I have a small experience in it. The amount of profit i get is very less but yes it depends on the amount of investment i make. I have seen my friends trade with fiats at currency market. The amount of profit they receive is more than i do. The main thing is, the investment they make is lesser than i make.

Kindly share your experience?

the case is that fiat can move more than crypto. still, comparing your experience of trading crypto and your friends' experience are different things. we should compare single person experience of trading crypto and fiat to be honest.
try to trade fiat/crypto pairs, probably it will be a solution for you to combine it.

There's a big difference between fiat and crypto market, if OP's friend's dealing with forex and have a good knowledge with that type of industry
the benefits is surely bigger as they can predict what an be the net possible movement, there's some similar things which also been offered inside this
market, binary options can be a good place to try, but remember the risk is higher and losing money can be much quicker than what you think, before
dealing with that make sure to have a lots of knowledge.

[manggis97]

In my opinion much better to more focus on crypto trading because the price of crypto already oversold and have bigger possibility to raise later,  some altcoin already make good performance by going up more than 100%. So others altcoin also will have potential  to raise. Keep patient waiting for price rally is key to make good money,  is very possible we can make profit 100% just in amonth from crypto trading,  but in forex trding will be more difficult to get that number of profit .