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Author Topic: Trading with crypto or fiats? the right one? Your experience?  (Read 637 times)
Wolfwar
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July 21, 2019, 06:09:10 PM
 #81

And even in this case, the trader must have a lot of experience and then there is no difference between trading in fiat currencies or cryptocurrency.  Of course there are certain features of trading, if we compare the cryptocurrency exchange and Forex, but nevertheless the framework is erased for the professional.

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July 21, 2019, 09:59:48 PM
 #82

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?
in this situation trading with the cryptocurrency more better than other type of tradings because we want to get the prophet very quickly while developing the situation of cryptocurrencies will helpful for is a profit so that the trading with cryptocurrency is more valuable right now in this situation.

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July 23, 2019, 04:29:21 PM
 #83

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.
Cryptocurrency market might be volatile, but that is actually what makes it more profitable than Forex trading, without margin trade in Forex trading, there is no way you can make much profit because of its stability which does not give room to much profit, so far we can manage the volatility of cryptocurrency trading, I think it is still the best way to make money.

The only thing with cryptocurrency trading is that it is usually not for newbies, because not many newbies knows how to deal with its volatility, so for a newbie, the best would be for them to trade fiat, and if they have to go intro cryptocurrency trading, then they should just join the grow up of long term investors, whereby they buy some of these top cryptocurrency, and then wait till it increases to sell.

 
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July 30, 2019, 12:21:06 PM
Merited by CryptopreneurBrainboss (1)
 #84

I think it's because they are just more experienced. Don't think that you're a loser based on the comparison. It's okay to have small profits, or don't have them at all. We all were beginners just like you and went through that too. Just don't fall into despair, be patient and continue learning and trying various techniques, strategies. By the way, have you thought about some trading tools? For example, some simple info bots may ease your trading destiny. There are many of them, but I can speak only of what I've tried: info bot from CEX (https://t.me/CexIoInfoBot) if very helpful. Such bots are designed to monitor the crypto market, follow price changes and inform about them in notifications.
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July 30, 2019, 02:09:06 PM
 #85

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?
in this situation trading with the cryptocurrency more better than other type of tradings because we want to get the prophet very quickly while developing the situation of cryptocurrencies will helpful for is a profit so that the trading with cryptocurrency is more valuable right now in this situation.
You cant just conclude that crypto is better on any way when it comes to profitability.OP definitely talks about Forex/Stocks trading compared to Crypto.When it comes to profitability,both fields can really give either high or low which is incomparable because this do depend on each trader on how they do perform with your trades.

Trade with crypto or fiat,profitability will always depend on you.


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July 30, 2019, 03:18:34 PM
 #86

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?
in this situation trading with the cryptocurrency more better than other type of tradings because we want to get the prophet very quickly while developing the situation of cryptocurrencies will helpful for is a profit so that the trading with cryptocurrency is more valuable right now in this situation.
You cant just conclude that crypto is better on any way when it comes to profitability.OP definitely talks about Forex/Stocks trading compared to Crypto.When it comes to profitability,both fields can really give either high or low which is incomparable because this do depend on each trader on how they do perform with your trades.

Trade with crypto or fiat,profitability will always depend on you.
It is all back to our skills, there are some people who good at Forex but not really deep in crypto. And there are people who good in crypto but not good in Forex, it is all back to the people itself. But usually some people out there who already expert in Forex, good too in crypto.

 
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August 03, 2019, 03:38:05 AM
 #87

I set a goal to increase my BTC holdings. So I don't care trading with crypto or fiats. Cheesy
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August 03, 2019, 05:42:55 AM
 #88

I think it's because they are just more experienced. Don't think that you're a loser based on the comparison.

Well said although the profit you can get from forex is well different from that of cryptocurrency. Cryptocurrency trading only gets a edge over forex when the same amount of capital is used for both market especially when the capital isn't that much. For instance, I prefer trading with $100 on cryptocurrency market then trading with it on forex.  But once again experiences, just as you have said plays a major role on who profits more. The forex market is too complex while the cryptocurrency market is very simple.

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