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Author Topic: Trading crypto vs forex - which is better?  (Read 385 times)
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June 15, 2019, 07:33:38 AM
 #41

Crypto trading is very risky, so it would be better if you do forex trading for a few months to get familiar with it. Once you feel confidence in forex trading then you can start crypto trading.
Crypto trading and forex trading all have their risk, and prior to crypto trading, people still encounter difficulties a lot in forex trading as regards proper trading and they lose a lot,so there is really nothing new other than volatility differences.

What a trader really needs to rally focus on developing is strategies, if you can have and master the right strategies in any trading form you pick interest in, believe me that you will do great in it. I have done forex trading before and I am doing crypto trading now, crypto is quite more interesting and you get more benefits in crypto trading than forex trading.

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June 15, 2019, 09:34:25 AM
 #42

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.
actually forex market give us good opportunity too if we know how to trade it,before joining in cryptocurrency market i am also forex trading.it could give me income although the amount smaller than in crypto.basicly it have similarity in technical analisys.

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June 15, 2019, 12:48:03 PM
 #43

I don't know much about trading forex because, in my opinion, that will be too difficult to do because we need to learn much analysis to find the right price. But I don't know if there is a short way to get the right price from one or two analysis because I don't learn forex so far. I only use trading crypto to make money, and that will be good for me so far because I can make a nice profit and I still want to get a bigger profit in the future.

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June 15, 2019, 12:55:38 PM
 #44

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?

both of these trades have the risk of each forex or crypto. But I will choose Crypto because besides being more profitable, we will get the knowledge / technology contained in the coin / token
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June 15, 2019, 04:20:22 PM
 #45

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?
for me Crypto trading is little bit easier than the Forex trading because the risk is little bit extra in Forex trading but the profit also been increased in this type but if we take risk in most of the time it will not be successful in sometimes so the profit was been little bit affected by that that's why I go with my comfort zone like trading with cryptocurrencies.

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June 15, 2019, 04:25:12 PM
 #46

i think trade in cryptocurrency is more better than forex because i am more familiar with cryptocurrency market and i can analisys it with correct.
trade in forex is have a big risk than cryptocurrency and market growth in there is different.
so i keep choose crypto trading because i can have a good chance to win a huge profit here.

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June 15, 2019, 04:31:12 PM
 #47

i think trade in cryptocurrency is more better than forex because i am more familiar with cryptocurrency market and i can analisys it with correct.
trade in forex is have a big risk than cryptocurrency and market growth in there is different.
so i keep choose crypto trading because i can have a good chance to win a huge profit here.

There is a lot more to take advantage in crypto but then the good thing for FOREX market is that they do have the same software to use, few major markets to watch and having just few dollars can get you somewhere with the help of the leverage that you can earn with just few pips. There are people here who are from FOREX actually, if you have been in forex, you will more likely wanna stay there and just hold BTC. Because their indicators are more accurate and they can follow trading systems that works best for the kind of traders they are.


 
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June 15, 2019, 06:11:07 PM
 #48

Trading forex is  surely better for me than trading crypto. Forex market is very old and has high volume, being a technical trader I can very well read the forex chart and analyse it for possible future movement but  I cannot do it in crypto, although I tried it but did not get that success. One plus point I see of Crypto market from forex market is that crypto market remains open 24*7 whereas forex market  is open 24*5 means forex market is closed on weekends.
If one can really lean to trade crypto market then he/she can have good profit than trading forex market. At last I enjoy trading forex market  than any other market due to its movement as per my tech analysis.

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June 15, 2019, 06:14:48 PM
 #49

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?

both of these trades have the risk of each forex or crypto. But I will choose Crypto because besides being more profitable, we will get the knowledge / technology contained in the coin / token
This is the difference when it comes to learning because if we do talk about forex then we are talking any countries currency so there's no really learning
on that one which unlike on crypto where you would able to know a variety of projects that might give out revolutionary innovation on our daily lives.
Most of them are shit but there are ones who do able to pull it out.

 
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Pom_bensin
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June 16, 2019, 10:39:09 AM
 #50

I prefer crypto trading. this is easier to run at a price that is easily monitored than forex trading. nowadays many forex traders turn to crypto and this gives speculation that crypto trading is more feasible than crypto. this is my opinion

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June 17, 2019, 05:42:31 AM
 #51

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.
Spot trading is what makes up majority of the market both in Forex trading and crypto trading, margin is just usually used by people that I see that are quite greedy, because I would not want to classify them as risk takes, I dint see that has risk, I see that as foolishness, how can you go into trap set by most of these brokers, when you can easily make your money without tension through spot trading.

The good thing about spot trading in crypto is that even if the market has gone low below the trade spot, it can still pick up with time when left for the market to rise since it’s one that didn’t require loan and provided if the trader does not stop it’s loss or use stop loss.
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June 18, 2019, 06:30:06 AM
 #52

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.
There is a clause to this also, if it were to be this , many people will not be complaining of losing so hard in trading cryptocurrency, but people do not leave it at this stage and then go to the extent of margin trading, which is what kills the whole game in trading when it backfires for them.

I think you can also do this in Forex too if you don’t margin trade, but the increase you get after waiting for so long is really nothing compared to the increase you get you use cryptocurrency to trade, which is why you see most professional traders in Forex now diverting to crypto trading now because of the chance it gives them of having a more profitable trade.

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June 19, 2019, 11:07:37 AM
 #53

I prefer crypto trading. this is easier to run at a price that is easily monitored than forex trading. nowadays many forex traders turn to crypto and this gives speculation that crypto trading is more feasible than crypto. this is my opinion
The only thing that makes cryptocurrency better than forex trading is that it gives more profit at an increase than forex trading, and reason being that the crypto market is still very volatile unlike forex trading, but when it comes to predicting the market, you can easily predict forex market than cryptocurrency market.

It is more bitter for crypto traders when the market crashes than it is for forex traders. Both can still be traded well though, if such trader can develop a very good strategy, they both have same similar strategies and should not be difficult for any profession trade to switch between the two of them.

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September 05, 2019, 04:29:05 PM
 #54

Crypto is much more volatile. So, crypto!
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September 05, 2019, 05:15:59 PM
 #55

Forex? Really? Get outta here man... No, really, can't take you seriously. There's no point of comparison if you ask me. It's easier to understand forex but it's also harder to profit from.
Well were not the same opinion. Forex for me is harder to understand, I tried forex but I quit. I only use cryptocurrencies for trading because it's easy to understand and you can choose a lot of cryptocurrency and huge potential to multiple and quadruple your money here in crypto.

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