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Author Topic: Crypto Currency VS Forex  (Read 546 times)
dark08
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January 17, 2020, 08:43:01 AM
 #41

Crypto currency trading and forex are have their oen advantages and disadvantages like on cryptocurrency trading the msrket flows are too volatile you can make a huge profit by a single move but you can also loss big money if your position was againt the trend.
But no need to compare this two as long as you earn money by doing trafing then this is good for you we all here to make a financial freedom.

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January 17, 2020, 09:27:57 AM
 #42

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.
I think both are trading only so forex and cryptocurrency is depends on demand. Majority of the peoples are stay in Forex trading because it will occupy entire world but cryptocurrencies newly updated platform so those are know the profit ratio and upcoming prediction they are all buy and hold  the cryptocurrency. You are right, both have advantages and disadvantages so many peoples are think trading is risky platform, But risk make more profit so experts are know the facts.

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January 17, 2020, 09:47:12 AM
 #43

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.


This hold true in crypto market also. Remember last year Chinese president address on blockchain adoption that took price of bitcoin to approx 12000$ and those who have bought bitcoin earlier in 2019, when it was around 4000 USD were the true beneficiary of that bull run.

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January 17, 2020, 10:11:13 AM
 #44

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I liked your analysis until I got to the end of your post and oh boy! That beggarly last line spoilt it. Why the heck do you want to be tipped? Really? Anyway, back to your post. The way various governments fought the advent of the Forex Trading industry globally is the same way the cryptocurrency industry is being fought now by different governments. But it's obvious that since the Forex industry succeeded, the crypto industry will also survive.

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January 17, 2020, 11:02:52 AM
 #45

Crypto currency trading and forex are have their oen advantages and disadvantages like on cryptocurrency trading the msrket flows are too volatile you can make a huge profit by a single move but you can also loss big money if your position was againt the trend.
But no need to compare this two as long as you earn money by doing trafing then this is good for you we all here to make a financial freedom.
It most likely they are just the same. Traders will suffer losses and profit as well. The only reason why some traders are quite more interested in crypto trading is because of the chance of gaining high profit. But of course, it matters how we manage our trades, crypto's used to trade and also the capital. Its runs usually the same...

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January 17, 2020, 12:28:14 PM
 #46

Could that really be the case?
Any proof that it is just a clone of the forex trading?

As I see it, crypto trading had been a lot easier for me. Also, the market here is unpredictable, you wont need to look at analysts telling what could happen but you make your own prediction which sometimes suit how the market will flow.
We have our own kind of whatever we will like or what we are comfortable with and I see crypto trading as a better one.
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January 17, 2020, 01:03:08 PM
 #47

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.


Cryptocurrency market and forex is different. (The real)Cryptocurrency market is not controlled by third party. Forex most likely centralized, there is a price refinement in the market, so prices in the forex market are not real.
Both have advantages and disadvantages.
In the cryptocurrency market, prices are more difficult to predict but the prices are real, the profit obtained are in accordance with the market should be.
In the forex market, prices are easier to predict, with technical analysis is enough to reap the profit, the other analyzes it can be optional, but prices on the forex market are not real.
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January 17, 2020, 02:55:36 PM
 #48

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.


Cryptocurrency market and forex is different. (The real)Cryptocurrency market is not controlled by third party. Forex most likely centralized, there is a price refinement in the market, so prices in the forex market are not real.
Both have advantages and disadvantages.
In the cryptocurrency market, prices are more difficult to predict but the prices are real, the profit obtained are in accordance with the market should be.
In the forex market, prices are easier to predict, with technical analysis is enough to reap the profit, the other analyzes it can be optional, but prices on the forex market are not real.
Actually this is true!
Even there are people can't predict forex because it is volatile than stocks in local, it can be also learned and anticipated. There are also third parties that can make the price manipulated. Cryptocurrency prices are also manipulated by whales but unlike with forex there are times that there are no liquidity at all.



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January 17, 2020, 03:20:34 PM
 #49

Do you have valid proof that crypto market is clone of forex trading? There are so many difference between crypto and forex. You already added btc addy.do you want donation for this post 😁       

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January 17, 2020, 04:22:11 PM
 #50

1. Crypto currency and Forex in both volatility is present.
2. It has both positive and negative
3. Both tends to fluctuates cryptocurrency market and
    Forex market.

Forex - Unlimited supply of currencies available to trade.
Cryptocurrency - Infinite supply available, there is a cap on how many Crypto currencies can be created and the value also increases.

In Cryptocurrency in short term we can gain more  profit. 

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WIN A
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.CYBERTRUCK.


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$60,000 IN BTC
$50,000 IN ETH
& MORE!
spike420211
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January 17, 2020, 05:21:05 PM
 #51

I had to trade both in forex and cryptocurrency markets. Personally, for myself, I have identified one main difference that greatly affects the manner of trading.
This is volatility. In the crypto market, the entire market is based on the price of bitcoin and most often follows it. Bitcoin, in turn, is an extremely manipulative asset, which creates enormous difficulties in predicting the movement of prices.
SquallLeonhart
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January 27, 2020, 10:51:39 AM
 #52

I have a friend whose uncle makes his living of forex, basically dude has a huge chunk of money he saved up thanks to his low level forex deals back in the day, by the time dude was 50 he had a seperate forex account aside from his regular job (selling natural herbs etc) so he retired from his first job, had a regular retirement fund that paid him enough to live and just had a separate forex account that he could do whatever he wanted, he could lose all of it and would still be fine, so he dealt with forex on a comfortable level.

In the end he went as high as 250 thousand dollars, which is an INSANE level of money here and dude lost it all in the span of few months as well. Later that year he died of heart attack, we all knew he had too much stress over it and everyone around him tried to comfort him but I guess it didn't helped.

All I am saying is, if you are dealing with either, try to remember this is not end of your life, whatever you lose, doesn't matter how much, doesn't matter how terrible life becomes because of it, please remember that living is better than dying.
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January 27, 2020, 12:02:37 PM
 #53

Forex or crypto both trading platforms are bigger and well known to everyone nowadays, but Forex is way better than crypto trading! There are many noobs in crypto who just buying coins at a low price and keeps holding without having common knowledge about crypto! But in forex, a mature market with limited options, scams are few there! Expert forex easily can make money from the Crypto, but a crypto trader can't achieve well in forex within a short time!

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Spider A4
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January 27, 2020, 04:08:02 PM
 #54

Forex market is almost stable but Cryptocurrency market is huge volatile this is big difference i think. If you want to comparing, forex is very faithful platform than crypto because it's a stable market and trillions market.

Crypto is unpredictable market here you can rich one day and poor anything can happen very quickly depend on your luck. But we have no chances to rich man overnight in the forex market.
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