CoinChili
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Activity: 239
Merit: 15
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March 20, 2019, 04:06:27 AM |
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Looks like your friends are more expert than you. Just like what other members told you, ask your friends what kind of crypto trading style are they using. And in fact, maybe they are using some kind of technical analysis and the fact that they are getting much bigger profit than yours is the result of their knowledge about some strategies. Learn more about crypto trading to improve your skills and to gain more profits, too.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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guoyu78
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March 21, 2019, 09:16:14 AM Merited by d1ceplayer (3) |
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Looks like your friends are more expert than you. Just like what other members told you, ask your friends what kind of crypto trading style are they using. And in fact, maybe they are using some kind of technical analysis and the fact that they are getting much bigger profit than yours is the result of their knowledge about some strategies. Learn more about crypto trading to improve your skills and to gain more profits, too.
I think both of them are trading on a different level because if we clearly look at what he wrote, I think he clearly stated there that he trades crypto while his friend trades fiat, we would have concluded that they have more strategy than him if they were all trading same crypto but these two have their own strategy, strategy for crypto is quite different from strategy used for trading FIAT on the same market. Hence, it is either that he joins them in trading fiat and make more like they do or like you said, he should get more expert training on trading crypto and focus on his own trading other than allowing himself to be confused with other people’s trading. |
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d1ceplayer
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March 22, 2019, 08:53:03 AM |
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I think both of them are trading on a different level because if we clearly look at what he wrote, I think he clearly stated there that he trades crypto while his friend trades fiat, we would have concluded that they have more strategy than him if they were all trading same crypto but these two have their own strategy, strategy for crypto is quite different from strategy used for trading FIAT on the same market.
Hence, it is either that he joins them in trading fiat and make more like they do or like you said, he should get more expert training on trading crypto and focus on his own trading other than allowing himself to be confused with other people’s trading.
Trading with cryptocurrency and trading with fiat are two different things. I believe that since still a big portion of business is being driven by fiat, it is obvious that the more the volume of business in fiat, the more the profit in fiat compared to cryptos. At the same time, we need to remember here, stablecoins are slowly replacing fiats in most exchanges as we can see usdt based trading pairs are gaining volumes in significant levels now a days. This would lead to different scenarios in near future. It would be completely different as cryptocurrency becomes the base of doing business around the world. Moreover, mere holding your coins for a given time could easily give you profits and the similar profits are earned with lots of work in fiat. I never prefer fiat based trading as it requires high levels of KYC to be cleared whereas crypto based trading is possible with least KYC procedures. Stablecoins are getting familiar to replace fiats for quick settlements across exchanges which is a basic requirement of arbitrage trading. |
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NikolasDanoff
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Activity: 4
Merit: 0
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March 25, 2019, 09:39:38 AM |
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Trading leveraged products like CFD or binary options on cryptocurrencies can be quite a risky strategy, depending on your previous experience and understanding of the product you trade. The rule is to always define your risk per trade in advance and know how much you are risking. For newbie best is to risk less than 2% of your capital per trade. Here we have a major difference between crypto-assets and fiat currencies like EUR/USD. The last are much less volatile that mean less risky (if you don't use leverage of course) but than the opportunities with fiat currencies are much smaller. You can't make 100-200% overnight with them, while with cryptos we all know it happens from time to time.
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Noa_Amable
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March 25, 2019, 10:34:27 AM |
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Trading leveraged products like CFD or binary options on cryptocurrencies can be quite a risky strategy, depending on your previous experience and understanding of the product you trade. The rule is to always define your risk per trade in advance and know how much you are risking. For newbie best is to risk less than 2% of your capital per trade. Here we have a major difference between crypto-assets and fiat currencies like EUR/USD. The last are much less volatile that mean less risky (if you don't use leverage of course) but than the opportunities with fiat currencies are much smaller. You can't make 100-200% overnight with them, while with cryptos we all know it happens from time to time.
sure, it could be quite risky espcially if we speak about such margin requirements as 0.20% or even less. it can really bite you in the...well, you know where. for crypto margin is not that much popular, still, you can find it. |
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goaldigger
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March 25, 2019, 11:08:28 AM |
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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?
You mean stock markets? Both crypto and other non-cryptocurrency market are risky and yes its also depends on the amount of capital you invest for. But i see that its not because youre in crypto doesnt mean they are earning more. Maybe you should check the coins you trade and the way you trade it. I know theres something wrong if you dont profit. |
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needtor22
Copper Member
Newbie
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Activity: 294
Merit: 0
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March 26, 2019, 11:28:06 AM |
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so far I have been trading in crypocurrency with krypto. because with us trading with krypto also provides good benefits. because the price of krypto is also getting better.
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Xenrise
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March 26, 2019, 11:43:16 AM |
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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?
What are you talking about fiat trading? Are you talking about forex trading or something? I never tried forex but there were some people says that forex trading is good, less volatile than cryptocurrency. But, I use the volatility of cryptocurrency for my own good. Cryptocurrency is volatile right? And with high volatility, the higher the chance I can get a lot of profits. |
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FanEagle
Legendary
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Activity: 2856
Merit: 1114
Leading Crypto Sports Betting & Casino Platform
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March 27, 2019, 08:43:51 PM |
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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?
What are you talking about fiat trading? Are you talking about forex trading or something? I never tried forex but there were some people says that forex trading is good, less volatile than cryptocurrency. But, I use the volatility of cryptocurrency for my own good. Cryptocurrency is volatile right? And with high volatility, the higher the chance I can get a lot of profits. This is actually one of the greatest advantage of trading crypto currency over Fiat provided one knows how to trade well because in the other way round too, because of the volatility in cryptocurrency, the loss in it when margin trade goes wrong can be more disastrous than fiat margin trading but for the profit part of it. If one trades with the same amount on both, a person that trades crypto has the tendency of making 10x more than fiat traders. For newbies though, I think it is safer for them to trade currencies that is less volatile and it is only fiat that can guarantee them till we have stable coins in the market. |
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Slark
Legendary
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Activity: 1862
Merit: 1004
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March 27, 2019, 09:45:08 PM |
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I also trade cryptocurrencies. I have no experience in trading Fiat money. But I believe that in any case, with a good approach and certain knowledge and skills, you can make a good profit both in the currency and cryptocurrency markets.
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iv4n
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Activity: 3136
Merit: 1172
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March 27, 2019, 10:23:34 PM |
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I also trade cryptocurrencies. I have no experience in trading Fiat money. But I believe that in any case, with a good approach and certain knowledge and skills, you can make a good profit both in the currency and cryptocurrency markets.
People think about trading like it`s something special, it`s only buying and selling. Fiat don`t fluctuate like crypto, for trader everything is in that range, wider the range is you can make more profit faster, thus with crypto you can hit the jackpot with buying something for cents and than selling it for hundred and thousands of dollars, with fiat you can`t do nothing similar. Crypto market is special, trading like trading is what you do to survive on every market. You need knowledge, you need skills, but for what you don`t need that? For everything if you want to be better than others. |
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samcrypto
Sr. Member
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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March 27, 2019, 10:55:40 PM |
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I also trade cryptocurrencies. I have no experience in trading Fiat money. But I believe that in any case, with a good approach and certain knowledge and skills, you can make a good profit both in the currency and cryptocurrency markets.
That’s almost the same and for sure if you have the right knowledge profit will come to you. I trade more in cryptocurrency because of good opportunities though i trade some on stocks but since its more stable so the price doesn’t move faster, volatility is good for trading i believe. |
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gilangIDR
Legendary
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Activity: 1526
Merit: 1001
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March 27, 2019, 10:56:20 PM |
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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?
Did you know that Crypto Trading has a huge potential for profit. Changes in the price of cryptocurrencies will provide an opportunity for all of us to be able to get high profit margins. We must try crypto trading from the start, we have to study it well. When we fail, we cannot give up, try continuously because the initial capital for crypto trading is experience. The more experience we have then it will help us in increasing knowledge and skills. So let's do crypto trading because the opportunities are still very large to learn. |
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GreatOrchid
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Activity: 1092
Merit: 1001
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March 28, 2019, 02:49:35 PM |
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It is not bad to take both opportunities. Maybe you are very curious now to your friend’s approach in his/her trading strategy. Well, very one of us has his own talent, potential and capabilities in every aspect of life. If your friend much preferred using fiat, and have much more profit than yours, then don’t be bother by it. Trade with both through crypto currencies and fiat, and move forward. In fact, there is no one that is stopping you to take the both direction. But first, before you enter both of them, you are aware that everything you do, have risks to take and both of them have challenges and obstacles to faced. That is a common part of life, not just in investing or trading but in our everyday doings in life.
Additionally, you must be aware that earnings or profits in trading of fiat currencies are fixed while on the other hand, earning using crypto currencies are not, because we all know how volatile the crypto market is. Both have different perspective in terms of profits.
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EXtremeAEX
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July 15, 2019, 10:07:12 AM |
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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?
Earnings primarily depends on the level of your professionalism. In general, trading in the crypto currency market is much more risky, but if successful, earnings will be much higher. But in case of loss, you can lose much more money. Trading in the crypto currency market is more dynamic and emotional, and this is not suitable for everyone. In any case, you should choose what is right for you and you should not compare your profits and the profits of your friends. Maybe they have a longer trading experience. |
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Moiyah
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Activity: 630
Merit: 20
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July 19, 2019, 08:01:07 AM |
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Well, it all depends. Trading with fiats or with crypto trading. Both are higher risks, both are profitable but it is on how do we enter the market. Also depends on how we handle our trades. If they get more profits on fiats trading, do not worry and wins will also come to you. Spend time to reflect all your strategies that you need to improve.
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arpon11
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July 19, 2019, 08:46:47 AM |
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I have traded in forex or fiat for seven years and to some extent, it is stable than cryptocurrency except you have to be highly intelligent and knowledgeable in the things that affect both the country of the currencies you are trading. Forex or fiat trading has a large market that run in trillion of dollars and comparing it with the market (cryptocurrency market) that is just around $300,000,000,000 will not add up in terms of volatile and stability. Bitcoin trading has given more profits than fiat trading but it is a very highly risky market.
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Eildosa
Member
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Activity: 572
Merit: 10
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July 19, 2019, 11:22:55 PM |
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It is also possible that your friends know more than you do. You can earn everywhere, the main thing is to know how to do it. Crypto trading is also very profitable, so you should just study it better and then you can also earn well.
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romecheo
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July 20, 2019, 05:44:43 AM |
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Cryptocurrency is one of the most risky yet rewarding.
Trading in fiat or stock market, making a profit will be a long-term process, requiring initial capital for things such as margin and trading fees.
I more go to crypto trading, that provides more opportunities to earn greater profits.
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babysweetTiger0401
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July 20, 2019, 09:59:49 AM |
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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?
If your friends trade with fiats at currency market, therefore it can be Forex trading. Since I joined here in the forum, I begun with crypto trading up to now it is the one who helped me to survived to all the cost I have in my daily lives. But I never try to trade from crypto into fiat trading because I now its too risky. |
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