Bitcoin Forum
November 16, 2024, 05:49:50 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Crypto Currency VS Forex  (Read 592 times)
Amel
Legendary
*
Offline Offline

Activity: 1638
Merit: 1033



View Profile
January 14, 2020, 08:37:39 AM
 #21

I dont see for crypto do mimic out forex yet it do build its own reputation due to decentralization and more volatile. Manipulation is somewhat common but not as severe with forex and stocks where news or fundamentals do really affect much the movement.

Yeah, dude. I think it's true, that crypto doesn't mimic forex at all, even though forex is an old trading system but that doesn't mean the new trading system imitates it, there must be something different. If crypto imitates forex, then why would traders go to crypto if it's the same as forex, yeah it's clear that crypto is known for its decentralization. And the crypto market is not regulated like forex, the crypto market is more free.
maydna
Hero Member
*****
Offline Offline

Activity: 3122
Merit: 556


Catalog Websites


View Profile
January 14, 2020, 09:04:43 AM
 #22

Any way i noticed that most of traders are seeking fast profits not based on knowledge but it depends on luck.

If they cannot search for knowledge and only depend on luck, they will not make a profit because trading is not based on luck itself. A crypto trader and forex trader need to learn many things in regard to make a profit. But we cannot compare a crypto trader and forex trader because the lesson will be different, and the experience will also be different. But I think crypto trading will not difficult to learn than the forex trading, and in crypto trading, we have much opportunity to make a profit from many coins.

I think some of the forex traders now move into crypto trading because they see that the opportunity to make a profit will be bigger in the crypto trading so they can start to make that profit.

█████████████████████████
████████▀▀████▀▀█▀▀██████
█████▀████▄▄▄▄████████
███▀███▄███████████████
██▀█████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██▄███████████████▀▀▄▄███
███▄███▀████████▀███▄████
█████▄████▀▀▀▀████▄██████
████████▄▄████▄▄█████████
█████████████████████████
 
 BitList 
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
REAL-TIME DATA TRACKING
CURATED BY THE COMMUNITY

.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
 
  List #kycfree Websites   
lixer
Hero Member
*****
Offline Offline

Activity: 2702
Merit: 588



View Profile
January 14, 2020, 10:41:49 AM
 #23

Forex markets are actually easy to understand as making an deep analysis can make us believe the price and also studying the current market affairs can make us able to predict the future demand for the stock which would also derive us the pricing which makes it beneficial for the forex traders.

Crypto markets are a way similar to forex markets but due to their high volatility is makes it a bit difficult to understand the markets. We have to follow a lot of things like following the trend, volume, etc makes it easier to understand the crypto which does not actually impress the stock holders and they yet find trading with cryptocurrencies a bit difficult and inconvenient in comparison with forex markets.

CaVO32
Full Member
***
Offline Offline

Activity: 1848
Merit: 158


View Profile
January 14, 2020, 10:47:31 AM
 #24

Forex markets are actually easy to understand as making an deep analysis can make us believe the price and also studying the current market affairs can make us able to predict the future demand for the stock which would also derive us the pricing which makes it beneficial for the forex traders.

Crypto markets are a way similar to forex markets but due to their high volatility is makes it a bit difficult to understand the markets. We have to follow a lot of things like following the trend, volume, etc makes it easier to understand the crypto which does not actually impress the stock holders and they yet find trading with cryptocurrencies a bit difficult and inconvenient in comparison with forex markets.

in my opinion, understanding forex is bit simpler than crypto. the volatility alone in crypto is hard to understand for most newbies. with thousand of alts in the market, you can only follow few of them as you have said, you need to follow a lot of things for each and everyone of them so you will not be left behind about what's going on. 24-hour turnaround in crypto is like months in forex especially if you stumbled in a pump and dump coin. but both systems have advantages if you are a trader, just learn how to use their positive sides.
Leviathan.007
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 722


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 14, 2020, 12:42:36 PM
 #25

Well, I started with Forex myself and right now I'm trading crypto on binance.
You will need to do real technical analyze and and read the news like wall-street journal. Also the mark won't move that much each day(lower risk than cryto). For example, I remember the the best profit I had on Forex in one day was 14.8% while in crypto trading I had 139% profit in one day and I could even get more (I didn't risk more than this).
So, depends on yourself and how you feel about these two markets. But I chose crypto myself.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
samcrypto
Sr. Member
****
Offline Offline

Activity: 2044
Merit: 314


Vave.com - Crypto Casino


View Profile
January 14, 2020, 01:00:58 PM
 #26

Lately I had read news on how cryptos market being manipulated by the "whales" of course this would have impact on traders due to high volatility thus defies technical analysis resulting to losses meanwhile forex trading has a stable volatility and most in cases in line with both technical and fundamental analysis.
Don’t rely too much on TA when trading cryptocurrency because its too volatile and simple news and manipulations the price can go up and down. I tried forex trading its also volatile and I know it is being manipulated too its just that forex are more safe compare to cryptocurrency. Technical analysis still works, but not always in cryptomarket.

shoreno
Full Member
***
Offline Offline

Activity: 1750
Merit: 118


View Profile
January 14, 2020, 01:09:02 PM
 #27

Lately I had read news on how cryptos market being manipulated by the "whales" of course this would have impact on traders due to high volatility thus defies technical analysis resulting to losses meanwhile forex trading has a stable volatility and most in cases in line with both technical and fundamental analysis.
Don’t rely too much on TA when trading cryptocurrency because its too volatile and simple news and manipulations the price can go up and down. I tried forex trading its also volatile and I know it is being manipulated too its just that forex are more safe compare to cryptocurrency. Technical analysis still works, but not always in cryptomarket.

crypto is too volatile and its hard to predict it , thats why people look for guides such as t.a to help them predict the price in a smart way   .

 forex is not also volatile but its stable , thats why you said its safer than crypto   .  like predictions  , t.a can sometimes failed so we must not fully depend on it all the time  .
msarro
Hero Member
*****
Offline Offline

Activity: 788
Merit: 505



View Profile
January 14, 2020, 01:09:49 PM
 #28

Well, I started with Forex myself and right now I'm trading crypto on binance.
You will need to do real technical analyze and and read the news like wall-street journal. Also the mark won't move that much each day(lower risk than cryto). For example, I remember the the best profit I had on Forex in one day was 14.8% while in crypto trading I had 139% profit in one day and I could even get more (I didn't risk more than this).
So, depends on yourself and how you feel about these two markets. But I chose crypto myself.


I think the best part of forex is that you remain tension free all the time, as forex don't move like tsunami.
But with risk comes reward. Take risk in crypto and you can earn a lot of profit within few days.
If you have capital would suggest choose both. Invest majority in Forex while remaining in crypto.

███████████████████████████
██    ▀█████████████▀    ██
██      ▀████▀████▀      ██
███▄    ▄██▀   ▀██▄    ▄███
█████▄▄██▀  ▄▄▄  ▀██▄▄█████
███████▀    ███    ▀███████
██████               ██████
███████▄    ███    ▄███████
████▀ ▀██▄  ▀▀▀  ▄██▀ ▀████
████▀   ▀██▄   ▄██▀   ▀████
██▀   ▄▄ ▄███▄███▄ ▄▄   ▀██
██▄ ▄█████████████████▄ ▄██
███████████████████████████
.
..Duelbits..
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████████████████
██ ▄▄▄▄ ███████████ ▄▄▄▄ ██
██ █ ▄▄▄▄ ███████ ▄▄▄▄ █ ██
██ ▀ █ ▄▄▄▄ ███ ▄▄▄▄ █ ▀ ██
████ ▀ █  █ ███ █  █ ▀ ████
██████ ▀▀▀▀ ███ ▀▀▀▀ ██████
██▄ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ ▄██
██▄██████▌▐▀▄▀▄▀▌▐██████▄██
██▀▀▀████ █▄▀▄▀▄█ ████▀▀▀██
█████▄▄▄ ▄▄▄▄▄▄▄▄▄ ▄▄▄█████
███████▌▐█████████▌▐███████
██▄▄▄▀▀ ▀▀▀▀▀▀▀▀▀▀▀ ▀▀▄▄▄██
███████████████████████████
███████████████████████████
███████████████████████████
█████████████████▀██ ██▀███
██████████████████▄███▄████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██
██ ██████ ▐█████▌ █ ██ █ ██
██ █▀▄▄▀█ ▐▀▄▄▄▀▌ ██▄▄██ ██
██ █▄▀▀▄█ ▐▄▀▀▀▄▌ ▀▀▀▀▀▀ ██
██ ██████ ▐█████▌ ██████ ██
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██
███████████████████████████
███████████████████████████
██▀▄▄▄▄▄▄▄▄▄▄▄▄▀███████████
██ █▀▄▀▄▀▄▀▄▀▄█ ███████████
██ █▀▄▀▄▀▄▀▄ ▄▄▄▄▄▄▄▄▄▄▄▀██
██ █▀▄▀▄▀▄ █ █▀▄▀███████ ██
██ █▀▄▀▄▀▄ █ ██▄████████ ██
██ █▀▄▀▄▀▄ █ ████▀▄▀████ ██
██ █▀▄▀▄▀▄ █ ███ ███ ███ ██
██ █▀▄▀▄▀▄ █ ████▄▀▄████ ██
██ ▀▀▀▀▀▀▀ █ ████████▀██ ██
██ ▀▀▀▀▀▀▀ █ ███████▄▀▄█ ██
██▄▀▀▀▀▀▀▀▄▀ ▀▀▀▀▀▀▀▀▀▀▀▄██
███████████████████████████
███████████████████████████
████████▀▀▄▄▄▄▄▄▄▀▀████████
█████▀▄▄███████████▄▄▀█████
████ █████████████████ ████
███ ███████████████████ ███
██ █████████████████████ ██
██ █████████████████████ ██
██ ████████████   ██████ ██
███ ███████████   █████ ███
████ █████████████████ ████
█████▄▀▀███████████▀▀▄█████
████████▄▄▀▀▀▀▀▀▀▄▄████████
███████████████████████████
███████████████████████████
██ ▄▄▄▀▀███████████▀▀▄▄▄ ██
██ █████▄▀███████▀▄█████ ██
███▄▀█████▄▀███▀▄█████▀▄███
█████▄▀█████▄▀██████▀▄█████
███████▄▀█████▄▀██▀▄███████
█████████▄▀█████▄▀█████████
███▀▄▄▀▀▄██▄▀█████▄▀▀▄▀████
████ ██▄▀████▄▀███▀▄██ ████
████▀▄███▄▀▄███▄▀▄███▄▀████
██▀▄██▀▄▀▀█ ███ █▀▀▄▀██▄▀██
███▄▀▄████▄█████▄████▄▀▄███
███████████████████████████
LIVE SHOWS
SLOTS
BLACKJACK
  ROULETTE
  DUELS
▬▬▬▬▬▬▬▬
CASHBACK
██&██
RAKEBACK
██
██
██
██
██
██
██
██
██
██
██
██
██
.
...Register Now...
Leviathan.007
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 722


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 14, 2020, 01:19:49 PM
 #29

Well, I started with Forex myself and right now I'm trading crypto on binance.
You will need to do real technical analyze and and read the news like wall-street journal. Also the mark won't move that much each day(lower risk than cryto). For example, I remember the the best profit I had on Forex in one day was 14.8% while in crypto trading I had 139% profit in one day and I could even get more (I didn't risk more than this).
So, depends on yourself and how you feel about these two markets. But I chose crypto myself.


I think the best part of forex is that you remain tension free all the time, as forex don't move like tsunami.
But with risk comes reward. Take risk in crypto and you can earn a lot of profit within few days.
If you have capital would suggest choose both. Invest majority in Forex while remaining in crypto.

No pain no gain.
Exactly, I believe if you take more risk, you will get more reward. Also if people are really sure about the trade positions they won't afraid of the huge movements and if they are not sure they need to do some more research.
And I forgot to say: In Crypto, A whale can change the market and make a huge movement on the chart but on Forex... will there are a few people who can make it more. For example Donald Trump and his tweets usually move the gold market.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
rijaljun
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 267



View Profile
January 14, 2020, 02:37:30 PM
 #30

crypto is too volatile and its hard to predict it , thats why people look for guides such as t.a to help them predict the price in a smart way   .

 forex is not also volatile but its stable , thats why you said its safer than crypto   .  like predictions  , t.a can sometimes failed so we must not fully depend on it all the time  .

Let's take a look what makes it volatile, different speculation. As you may know, crypto is in very young age compared to forex and crypto market is in creating a price cycle. Once the price cycle is generated, I am pretty sure the it will be less volatile cause people might have same basis, source, to speculate.

█▀▀▀











█▄▄▄
.
1xBit.com  sports
▀▀▀█











▄▄▄█
███████████████████████████
████████▀▀       ▀▀████████
█████▀  ▄▄▄▀███▀▄▄▄  ▀█████
████  ▄█████▄ ▄█████▄  ████
███  █ █████▀ ▀█████ █  ███
██  ▄██ ▀▀▀▄███▄▀▀▀ ██▄  ██
██  █▀▄██ ███████ ██▄▀█  ██
██   █████ █████ █████   ██
███  █████▀▄▄▄▄▄▀█████  ███
████  ▀▄▄▄▀█████▀▄▄▄▀  ████
█████▄  ▀▀█ ███ █▀▀  ▄█████
████████▄▄       ▄▄████████
███████████████████████████
███████████████████
▀▀       ▀▀████████
 ▄▄  ▀  ▄▄   ▀█████
 ▀    ▀█████▄  ████
   ▀█▄   ▀▀██▄  ███
 █▄  ▀██▄▄  ▀█▄  ██
  ▀█▄  ▀███▄  ▀  ██
█  ▀██▄  ▀███▄   ██
██  ▀███▄  ▀█▀  ███
███  ▀████▄    ████
 ▀▀█▄  ▀▀▀   ▄█████
▄▄       ▄▄████████
███████████████████
███████████████████
███▀▀         ▀▀███
▀   ▄▄██▄  ▀█▄  ▀██
 ▄████████▄  ▀█  ██
██████▄▀  ██▄    ██
████▄▀  ▄▀████▄  ██
██▄▀  ▄▀██████  ▄██
▄▀  ▄▀███████  ▄███
█▄▄▀███████▀  ▄████
▀████████▀  ▄██████
  ▀██▀▀   ▄████████
      ▄▄███████████
███████████████████
1mBTC
x 3 WINNERS
BET
MULTIPLIERS
█▀▀▀











█▄▄▄
.
▀▀▀█











▄▄▄█
Meowth05
Sr. Member
****
Offline Offline

Activity: 854
Merit: 267


★777Coin.com★ Fun BTC Casino!


View Profile
January 14, 2020, 02:56:23 PM
 #31

Lately I had read news on how cryptos market being manipulated by the "whales" of course this would have impact on traders due to high volatility thus defies technical analysis resulting to losses meanwhile forex trading has a stable volatility and most in cases in line with both technical and fundamental analysis.
Don’t rely too much on TA when trading cryptocurrency because its too volatile and simple news and manipulations the price can go up and down. I tried forex trading its also volatile and I know it is being manipulated too its just that forex are more safe compare to cryptocurrency. Technical analysis still works, but not always in cryptomarket.

crypto is too volatile and its hard to predict it , thats why people look for guides such as t.a to help them predict the price in a smart way   .

 forex is not also volatile but its stable , thats why you said its safer than crypto   .  like predictions  , t.a can sometimes failed so we must not fully depend on it all the time  .
Crypto is indeed volatile compared to Forex and more stable thus everyone chooses to invest in forex. Crypto is riskier than forex but that what I like about crypto because the more the riskier it is the more profit you'll get. If you prefer to invest in the safest way then probably forex trading is much better for you but if you want more profit then go for Crypto trading. Crypto trading, however, requires a lot of knowledge and experience in order to survive in this kind of market due to the fact that the market is unpredictable and full of surprises, unlike forex.

Barbut
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 502


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 14, 2020, 03:03:46 PM
 #32

crypto is too volatile and its hard to predict it , thats why people look for guides such as t.a to help them predict the price in a smart way   .

 forex is not also volatile but its stable , thats why you said its safer than crypto   .  like predictions  , t.a can sometimes failed so we must not fully depend on it all the time  .

Let's take a look what makes it volatile, different speculation. As you may know, crypto is in very young age compared to forex and crypto market is in creating a price cycle. Once the price cycle is generated, I am pretty sure the it will be less volatile cause people might have same basis, source, to speculate.

I understand what you wish to say with that "price cycle", but where it is? Can we say that Bitcoin finished the "price cycle" after 10 years, or we can expect a higher price? There are many unknown variables, but that gives us free space for the endless possibilities, we can hope for million-dollar price for 1 Bitcoin, and we can find enough arguments for that.
I know nothing about forex, I never was interested in that. Cryptocurrencies are what I believe in and like most of the people here I don't wish to change them for forex!



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
slapper
Legendary
*
Offline Offline

Activity: 2044
Merit: 1102


Leading Crypto Sports Betting & Casino Platform


View Profile
January 14, 2020, 03:18:07 PM
 #33

Each of them has different advantages and strategies. Although they are all trading, you need to know the specific methods in order to make money from them. In forex, I believe that trend is the key lead you to success. Trend is always your friend. In the other hand, holding the right coin gives you a great profit over time.
However, they are al risky. Therefore, you need to have a good strategy with a great money management so that you can have consecutive days of profit. If you forget to do this, you can easily suffer a huge loss

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
gweedo
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000


View Profile
January 14, 2020, 03:29:26 PM
 #34

Lately I had read news on how cryptos market being manipulated by the "whales" of course this would have impact on traders due to high volatility thus defies technical analysis resulting to losses meanwhile forex trading has a stable volatility and most in cases in line with both technical and fundamental analysis.
Don’t rely too much on TA when trading cryptocurrency because its too volatile and simple news and manipulations the price can go up and down. I tried forex trading its also volatile and I know it is being manipulated too its just that forex are more safe compare to cryptocurrency. Technical analysis still works, but not always in cryptomarket.
All markets are manipulated by whales, but the forex market is less manipulated because this market is highly capitalized compared to the cryptocurrency market. I have also tried trading at forex for a while, but honestly it was a lot harder than the cryptocurrency market, very seldom the technical analysis is accurate
jostorres
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 586


View Profile
January 15, 2020, 03:17:41 PM
 #35

I don’t think they are both the same thing, both of them are different, although they both do share some similar features.
Forex trading has unlimited supply as it consists of world global, whereas cryptocurrency has finite supply, and having a limited supply (example BTC) increases the demand.

Another thing is that Forex trading can be influenced by news, earning reports, announcements, etc. And this makes it easy to use technical analysis in predicting what the price would be. As for cryptocurrency, the story is different , though I have seen a few people predict accurately, it’s mostly a difficult case to predict the future of cryptocurrency.
crisanto01
Sr. Member
****
Offline Offline

Activity: 644
Merit: 253


View Profile
January 15, 2020, 03:38:42 PM
 #36

I don’t think they are both the same thing, both of them are different, although they both do share some similar features.
Forex trading has unlimited supply as it consists of world global, whereas cryptocurrency has finite supply, and having a limited supply (example BTC) increases the demand.

Another thing is that Forex trading can be influenced by news, earning reports, announcements, etc. And this makes it easy to use technical analysis in predicting what the price would be. As for cryptocurrency, the story is different , though I have seen a few people predict accurately, it’s mostly a difficult case to predict the future of cryptocurrency.

They are really different aspect, different approach as crypto is more volatile compare to Forex trading, some crypto traders are transferring to forex trading as they find it less risk compare to crypto, same as forex trader, some were switching to crypto trading as they said, higher the risk the higher profit they can have.
Leviathan.007
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 722


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 16, 2020, 04:20:46 PM
 #37

Crypto rank one if you ask me
"If you have high goal you need to take high risks." - Leviathan 2020 Grin

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
goinmerry
Legendary
*
Offline Offline

Activity: 2940
Merit: 1083


View Profile
January 16, 2020, 09:36:00 PM
 #38

CONCLUSION:
The conclusion is the crypto market is cloned from forex market which is high profitable market because of its leverage although crypto is 1:1 but the spikes that happened in the past was the reason which made crypto gain the fame.
I think that the bubble already burst and we will never see those spikes again the market will be moving sideways till those 2000 coins become not more than 100 coins, after that we can see thing moving. The strong justification to my theory is... Most of big forex brokers in the market now are trading and accepting crypto.
I know it might be frustrating but this is my view and time will tell.
If u like it please comment.
BTC ADDRESS 1C7Q75Stufzw7uFdvsQ3g1DTn4w7dXe4TX

That's your own conclusion and view so I'm not against on that.

But for the donation part, there is no tip for making a long post.

On topic, there's no need for debate about "Crypto VS Forex" as they have different market behavior and associated risks. If you found you are comfortable doing Forex or Crypto then continue with your purpose. The most important thing here is managing our money. Whether you do Forex or Crypto, your money is always at risk once you involved here.
Reid
Hero Member
*****
Offline Offline

Activity: 3052
Merit: 651


View Profile
January 17, 2020, 05:58:04 AM
 #39


The conclusion is the crypto market is cloned from forex market which is high profitable market because of its leverage although crypto is 1:1 but the spikes that happened in the past was the reason which made crypto gain the fame.
I think that the bubble already burst and we will never see those spikes again the market will be moving sideways till those 2000 coins become not more than 100 coins, after that we can see thing moving. The strong justification to my theory is... Most of big forex brokers in the market now are trading and accepting crypto.

Yet, we are still looking at spikes in bitcoin.  Grin
Don't tell $1k is not a spike? Even a hundred is a lot when it is gold which makes that happen. But there will be not much talk about it right?
With bitcoin, a little movement up and it goes wild in every news outlet about financial industry.  Grin

If it is altcoins though which you are talking about, then I might agree. It is a bloodbath out there. Not much of a movement up is happening.
marilynmanson21
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 510



View Profile
January 17, 2020, 07:55:40 AM
 #40

forex or cryptocurrency, all depends on the wishes and tastes of traders,
because both have different market conditions, so we cannot say which is good and which is bad, because both have advantages and disadvantages, and that lies in the decisions and desires of traders.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!