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Author Topic: Trading crypto vs forex - which is better?  (Read 385 times)
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June 12, 2019, 08:24:51 PM
 #21

If someone doesn't want to register on that source, six months ago a similar article was here: https://news.bitcoin.com/the-differences-between-forex-and-crypto-trading/
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June 12, 2019, 08:32:08 PM
 #22

Forex is good for people who don't like crypto. Newbies if you ask me.

Why? I know the guys who trade on Forex and invest a lot in the cryptocurrencies. These men (two of them) simply try to use all chances to make much money and feed their large families. They do succeed.

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June 12, 2019, 08:36:12 PM
 #23

I think forex trading is risker than crypto trading. Forex is well for only high experienced person who have more knowledge about forex. In forex trading a newbie can lost his money very quickly if he have not more knowledge about forex. So I suggest people don't enter in forex without any knowledge about it.
You can have this link if you do talk about percentage https://www.quora.com/What-percentage-of-Forex-traders-make-money-in-the-long-run

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June 13, 2019, 04:06:50 AM
 #24

Forex is good for people who don't like crypto. Newbies if you ask me.

Why? I know the guys who trade on Forex and invest a lot in the cryptocurrencies. These men (two of them) simply try to use all chances to make much money and feed their large families. They do succeed.
Basically, traders don't care about what kind of market they have used to trade as long as the market has enough volatility and they can create money from the market. As crypto and i will say crypto is better because it has better volatility than forex.
They are only taking the chance to grab more and more money in the market. More volatility and they have more chance to made a lot of bucks periodically.

 
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June 13, 2019, 06:18:44 AM
 #25

Trading crypto and trading forex are almost the same, and the only thing that makes it different is the analysis and the product to trade. As long as we can master the skills on each of them, I think we can make a profit, and we can survive in any situations. But for me, I still choose trading crypto because it's not too difficult to learn the analysis and for me, I don't have to learn so many analysis to determine the market situations. But maybe it will be different for other people because we don't have the same thing experience in trading.



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June 13, 2019, 06:27:43 AM
 #26

The good thing with crypto is you can trade it spot trading. Margin trading is the most difficult. You can blow your whole portfolio in a matter of seconds.
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June 13, 2019, 06:44:39 AM
 #27

Trading crypto and trading forex are almost the same, and the only thing that makes it different is the analysis and the product to trade. As long as we can master the skills on each of them, I think we can make a profit, and we can survive in any situations. But for me, I still choose trading crypto because it's not too difficult to learn the analysis and for me, I don't have to learn so many analysis to determine the market situations. But maybe it will be different for other people because we don't have the same thing experience in trading.

Not really the same. In forex you can earn profit when the price of a base currency either go down or go up. That's the beauty of it you can go long and short while still profiting form the inflation and also its easy to understand the leverage there than in crypto.  In forex they do have a metatrader which all traders use and also the market closes on weekends.

 
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June 14, 2019, 10:01:36 AM
 #28

So I'm subscribed to this pro program (which I recommend by the way) and they compare how it's much easier to understand forex (because there's typically an underlying cause-effect associated to currencies going up and down) whereas crypto might be more profitable but much harder to explain and therefore much risky...

https://cryptotradernews.com/crypto-trader-pro/trading-crypto-vs-forex-which-is-better/

Thoughts?  Huh

If I'm in it for the short-term value, should I just stop doing crypto and go hard on forex?
You see mate, what is causing major separation of both is just the volatility, otherwise, they are both same to me. Crypto could actually be more profitable than Forex if we are to put the volatility level in consideration, but at the same volatility, crypto could also be a very risky to trade.

Forex is still better because the market is not that much of a volatile one, and there can always be room for adjustment if the trade is not favoring us, but the moment crypto trading is not favoring us and we are not careful to quickly apply stop loss, we could end up so bad with nothing if care is not taking, so for a newbie, Forex market is best to start with.

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June 14, 2019, 10:18:48 AM
 #29

Forex is good for people who don't like crypto. Newbies if you ask me.

Why? I know the guys who trade on Forex and invest a lot in the cryptocurrencies. These men (two of them) simply try to use all chances to make much money and feed their large families. They do succeed.
For people who loves to explore and take every risk to have a potential benefits this venue will also be a good place for them, they will not think
of what will be the nice place and what is not, what they've going to look upon is the chance to penetrate and enjoy the benefits that they will be able
to gain from the market either forex or crypto.
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June 14, 2019, 11:49:13 AM
 #30

So I'm subscribed to this pro program (which I recommend by the way) and they compare how it's much easier to understand forex (because there's typically an underlying cause-effect associated to currencies going up and down) whereas crypto might be more profitable but much harder to explain and therefore much risky...

https://cryptotradernews.com/crypto-trader-pro/trading-crypto-vs-forex-which-is-better/

Thoughts?  Huh

If I'm in it for the short-term value, should I just stop doing crypto and go hard on forex?
yes, you should do it. why? because the areas you understand best will give you the right direction and you can make a lot of money compared to investing in cryptocurrency. Investing in crypto is really a game of chance and you should not invest if you do not understand much about it.
At Forex, if you understand a lot about it, you should invest. I believe you can have more money when investing there.

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June 14, 2019, 12:12:37 PM
 #31

I have been into the two and will opening state that; cryptocurrency trading is more profitable than Forex. Although this solely depend on the individual trading with a good coins or tokens. We all know the volatility of cryptocurrency which can easily lead to lost but when chosen a good crypto to trade on, profit will be inevitable compare to Forex.

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June 14, 2019, 12:33:22 PM
 #32

The good thing with crypto is you can trade it spot trading. Margin trading is the most difficult. You can blow your whole portfolio in a matter of seconds.
from the statement you gave, I can conclude when trading in forex, the risk is very high and you can get a loss when you really lose, in contrast to cryptocurrency which can still be held until prices recover.

 
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June 14, 2019, 01:14:28 PM
 #33

The good thing with crypto is you can trade it spot trading. Margin trading is the most difficult. You can blow your whole portfolio in a matter of seconds.
from the statement you gave, I can conclude when trading in forex, the risk is very high and you can get a loss when you really lose, in contrast to cryptocurrency which can still be held until prices recover.
Crypto trading is more popular today and it happens that Forex exists to compete with crypto.
It actually, they have similarities but crypto has more advantage over Forex knowing the fact that traders believe that crypto trading is more profitable. And I'm saying that people would choose in crypto trading cause everyone in here can justify it.

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June 14, 2019, 01:31:06 PM
 #34

Forex is good for people who don't like crypto. Newbies if you ask me.
Why do we need to choose between them if they have the same aspects also. Trading between forex and cryptocurrency are both profitable and risky. However, if we can use them both, we gain a lot. In my case, I prefer to study each coin under stocks and try to buy blue chips and hold for a long period of time. Just like what I did in my ethereum.

 
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June 14, 2019, 01:41:07 PM
 #35

Its hard comparing those two when it comes to eyeing which one is better since both have a different approach. Crypto is more like a digital currency and is more volatile than forex or local ones. Also, why would we compare those two if we can enjoy both from this time?

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June 14, 2019, 01:43:19 PM
 #36

Both of them are risky but crypto more riskier.

Why ?
Let's see about forex, the value are being control by trader around the world
But crypto , if we talk about the owner, I think it will not reach 1/2 of world's population

Forex in general have stable value but crypto always volatile !
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June 14, 2019, 01:56:12 PM
 #37

Forex is good for people who don't like crypto. Newbies if you ask me.
why i did not like forex reason i dont know how to do forex and forex must want a become pro trader
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June 14, 2019, 02:40:28 PM
 #38

For me for a fast profit I choose the cryptocurrency because we all know that the prices of the coins are decentralized it's the community itself who are responsible for the price of a certain crypto and in result the price of it is volatile it might drop 10% in just an hour, etc. or vise vesa but if you're high risk I suggest that you should go with forex.
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June 15, 2019, 06:10:10 AM
 #39

If I'm in it for the short-term value, should I just stop doing crypto and go hard on forex?

The question "which is better" is out of the context.

There should be no comparison as even the idea is just the same, they have a "different" approach.

Short-term or long-term, asked yourself, can I deal on Forex? can I deal on crypto? can I deal on both?. Generally, both are good and profitable depends on how well you managed it along the way. Just because someone became successful in doing forex, stocks or crypto, you will have the same experience. It's on your own hands how to make it successful in the long run.

We have different knowledge and strategy on how to deal in those, therefore, you are the only one who can answer "what's fit for you". If you are having a hard time dealing with crypto, then focus on forex and vice versa. Find your comfortability to have a relaxed mindset.
right, both of them have their own characteristics. indeed, the compatibility is in the person of each. forex and cryptocurrency as well. I think it depends on how we respond to these two investments to make a profit
Cryptocurrency is more profitable, Forex is less risky, if you want a profitable trade,crypto is the right choice and if trader is more concerned about the risk, Forex is still the best choice. I too believe like one of the mates that every beginner needs to start learning with Forex first.

I got my proper trading skill in Forex, although there was not cryptocurrency trading yet as at the time I learnt how to trade, but if I had ad the two options, I will surely have opted in for Forex trading. Cryptocurrency is best for investors, I mean buying this coin and holding it for a long time is just the best way to get involved in cryptocurrency in other to minimize the risk involved.

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June 15, 2019, 07:11:38 AM
 #40

each person may have their own experience of this. I am a crypto user, so maybe I prefer to exchange crypto that I have compared to trading forex. besides that I'm also not familiar with forex.




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