Why You choose Crypto Trading instead of Forex Trading.

[carlisle1]

First i know nothing about Forex exchange while in Crypto i can just buy and wait that is enough as investments since this is only my second way to earn.

I choose to do all kinds of trading instead of just Crypto. And that’s exactly what I do with help of FreshForex broker, as they allow to trade through over 130 instruments which includes Cryptos too. So I always try to trade on everything that I am comfortable with.

Is this proven mate?FreshForex platform allows to trade with many options?does required putting money first?like other platform that there are minimum amount to start trading?

[milandres0207]

Because of in crypto trading the volatility was too aggressive compared to Forex trading, that's the main reason why I like digital currency rather than the real currency. Even up to the present I continuously earned more in Bitcoin or cryptocurrency. And you can anytime do trade in crypto trading compared to FOrex trading too.

[tvplus006]

maybe because I was exposed to crypto before I was with forex, I was used to the rigors of crypto. I feel that I can predict the trend of bitcoin more easily than forex, because I am conveying experience from many previous people and I am quite confident when entering the order. As for forex, I have tried and failed 3 times. Forex trading needs to understand more about many countries' events and if we do not understand, our technical analysis is redundant.

I didn't trade Forex myself, but I knew a lot from my friends who worked there. They were the first to understand the advantages of trading cryptocurrency, compared to Forex. This is due to the high volatility and high liquidity of the cryptocurrency.

[el kaka22]

Anyone who thinks things that work in Forex works in crypto are in for a biiiig ride of their life. Things that work in forex do not work in crypto in many times, just not in general.

So, for 40 days you could act like crypto is forex and actually even make money, and one day BAM! something so out of ordinary and something so unexpected happens that you lost 50% of all your income over night, you crash, your position liquidates and basically all around everything sucks. You know why? Because there is no laws in crypto, there is decentralization, nobody can tell you what to sell, when to sell, and how to sell.

You can get together with bunch of billionaires, make them all buy bitcoin at the same time to increase the prize, make them all publish an article about how awesome bitcoin is, and make them sell 1% of their position for 100 days to get rid of all their bitcoins. Normally that would be illegal anywhere else, here there is no illegal at all.

[CarnagexD]

I'm into the world of trading for a few months ago and one of the thing that's why I choose the crypto trading because it is more volatile than the fiat currency it does not change too much as it changes for over a day and its just only a less dollar per day but in cryptocurrency you can make a lot of changes every time that is the market more volatile unlike the others and one of the struggles into market trading is with the use of the coin which is good at trading not all of the coins are preferably for trading some of them are just stable. Also in trading, there are a lot of market indicators to make sure your trading will win and get a huge amount of profit.

I didn’t try to trade of forex because I‘m a victim of forex investing before and from that moment I told to myself that I will not invest on it and fortunately the world of cryptocurrency came to save me so I make sure this time to study first before trading. Also there’s a time difference in my country on forex market, so for me its better to trade crypto 24/7 and anywhere i am.

We have different times too this is one of the downsides even you are in another country and you trade other currencies you always need to monitor their time too which is a good time to make trading.

[imstillthebest]

the reason why forex have a huge market cap its because it is existed before crypto right ? but if given a time , crypto can also grow big inf the future and might surpass the market cap of forex  . the only reason i chose crypto trade is because i have more knowledge with it compare to forex  . we can earn easily from scratch with cryptos while on forex , you must have an adequate capital and you still need to work hard for your trade to be able to possibly earn some   . there are many infos and trick or tips for cryptos too based on what i see

[bitcoin31]

I like crypto trading because it is easy to learn you buy a coin and hold it and wait for the price to increase but the forex have many steps to do before they earn and takes weeks I guess before you fully understand on how forex works but in trading in only hours or 1 day you can understand the trading and you can start on that day .

[ethereumhunter]

Because of in crypto trading the volatility was too aggressive compared to Forex trading, that's the main reason why I like digital currency rather than the real currency. Even up to the present I continuously earned more in Bitcoin or cryptocurrency. And you can anytime do trade in crypto trading compared to FOrex trading too.

Don't forget about the minimum deposit that you should do before you trade in the forex because that is what I read on some website. The forex trading will depend on the situation in the country, and if something happens like the Covid-19, the forex market will drop like what we saw. Crypto market can get the effect, but the effect will not too big as the forex market. That is what I see on forex trading and crypto trading, but I could be wrong since I don't trade forex.

[electronicash]

well in crypto, you can hold a coin for as long as you can and your money still profits while you hold USD in forex market for a long time and you still get the exact amount you have.  crypto is for all. if you are not a trader, you still can be in crypto and profit when the prices moons. this i believe is a good reason to stay in crypto. another reason is that crypto market works 247 but forex sessions only from monday to friday.

[BitcoinTurk]

Although I am trading in both markets, there are several important reasons why I prefer crypto money markets. These;

Volatility: As the prices of cryptocurrencies are more volatile compared to foreign exchange markets, they provide more transactions. Although this is not a very positive thing for many investors, it has been one of the most important factors for me to prefer crypto money markets.

Decentralized Structure: Since there is no central intervention, the market is completely priced with supply-demand balance. This is one of my reasons for preference. (Except for the manipulations of big investors, what I said is valid.)

Transaction with Low Commission: We pay much less commission for cryptocurrency transactions compared to foreign exchange markets. For example, I pay a commission of %0.3-0.5 in foreign exchange transactions made through the bank, while I pay a maximum of 0.10% commission for the transactions I have made in the crypto money markets. This is another important factor that is effective for me to make more transactions in the crypto money markets.

High Risk and Return: Since the crypto money markets are a new and uncontrolled market, the risk threshold is also high. Indirectly, the return is directly proportional to the risk. We have the chance to get more returns compared to the foreign exchange markets, as well as the possibility of losing.

[Baofeng]

The simple answer is that there are more profits in crypto because of its volatility. Individuals can go to an exchange, buy and slowly learn to trade and make money specially that the market is open 24x7 . Forex is somewhat stable and if you are person that doesn't have the patience then it's not for you. So I would say that it is somewhat related to our lifestyle. If you have the personality that want more risk more reward then crypto trading is for you.

[MCobian]

Crypto trading and forex trading are the best ways to make money in the current digital era, and both are profitable. But I decided to
choose crypto trading over forex trading because in my opinion crypto trading can make a profit big ones in faster time. Because crypto
trading prices are volatile where the movement is only in a few hours can change quickly, can go up or down. That can be used to generate
profits, it looks very risky. But if we understand how to read crypto market movements, the risk can be minimized.

[Dr.Osh]

I like crypto trading because it is easy to learn you buy a coin and hold it and wait for the price to increase but the forex have many steps to do before they earn and takes weeks I guess before you fully understand on how forex works but in trading in only hours or 1 day you can understand the trading and you can start on that day .

somehow I also feel that seeing crypto trading is much easier than forex. however, so far, I have often seen crypto, and many considerations we can take. Well, it could be because the pump and dump information from crypto is more clear than Forex.

[rodskee]

Because i know nothing about forex as my friends are all crypto traders
and they influenced me doing same ,also i am
a working person eversince i was young and no knowledge at all in any
 sort of trading ,i mostly spend my time in office
 using my extra time for overtime and gamings.but life change when i
learn about crypto as my time now dedicated from
 work and here in crypto world.

[Subbir]

I accept as true with you that Forex crypto is already within the market but its use is extremely low Everyone loves crypto trading I prefer crypto trading Crypto trading is extremely simple and it's not under anyone's control. Everyone can invest in the currency as they want. As Forex trading is centralized, the worth of the currency is decided beforehand Crypto trading is often done as per one's wish albeit one is busy with various activities Everyone prefers crypto trading when it involves making more profit.

[EdvinZ]

I think most traders invest in cryptocurrencies because it is a new interesting technology that was not there before. People are always interested in everything new. Forex is no longer so attractive to people, because everyone has heard about it. And for example, not everyone can participate in the IPO of a company, and in buying coins on the ICO is available to almost anyone.

[bigcash2011]

I have been trading forex 4 to 5 years ago but i gave up on it because in the end i was just burning my capital, i actually was not able to use risk management properly but in crypto trading i just trade long charts with most probable entries and overall i hodl good coins so no stress to keep watching markets all the time.

[milewilda]

I think most traders invest in cryptocurrencies because it is a new interesting technology that was not there before. People are always interested in everything new. Forex is no longer so attractive to people, because everyone has heard about it. And for example, not everyone can participate in the IPO of a company, and in buying coins on the ICO is available to almost anyone.

I dont think so that most people are get attached nor attracted to the new tech but rather i highly believe that they are interested on the profitability level due to
high volatility rate.If we do really talk or compare between the two then you can actuallyt tell the difference and this is one of the main reason.

I have been trading forex 4 to 5 years ago but i gave up on it because in the end i was just burning my capital, i actually was not able to use risk management properly but in crypto trading i just trade long charts with most probable entries and overall i hodl good coins so no stress to keep watching markets all the time.

The good thing here on crypto is that you can opt in to hold your coins without blowing up your account unlike in forex where brokers or platforms.
Im also a forex trader too and i do definitely agree with this one.

[Oasisman]

• Crypto markets never close, forex do for retail traders
• When you're not trading, holding a deflationary currency is better than holding an inflationary currency (in theory)
• Less professional competition for now

This answer is clear and concise, which is true.
There are actually a lot of things to add on this list and this 3 are the major reason why crypto traders engaged into trading.
Some people will have to stick in forex simply because they cannot take the risks of cryptocurrency's security. They're afraid that their country might suddenly ban crypto trading or Bitcoin itself. They're also afraid of the big swings in crypto that can cause to lose your money for not too long.

[Swordsoffreedom]

I used to do forex trading, making profit here is very time consuming. On some points forex market is centralized, the benefits of investing in Forex are limited and not so good like crypto. Within a month, the crypto market is down and pumped several times with high multiplier. so, crypto trading is faster and more profitable than forex trading.