What's your experience trading cryptos vs trading Stocks/Forex

[Bitcoin_Arena]

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

I hope we do have people here with some past stock or forex trading experience  

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[electronicash]

1. yes its easy to create a trading account and most of the broker do offer a demo account unlike in crypto. software will be installed too.
2. manipulations still exist there especially on penny stocks. stocks can be manipulated too by sudden news and does apply as well on forex as far as i know when there is war for example, pandemic or massive importation of goods and etc.
3. its forex that you can easily make money but this is if you learn well with strategies USD/EUR is the usual pair just as we do like BTC/USDT.
    and there are more strategies shared by traders than on crypto. i find it odd to have debts when it comes to margin trading in crypto while not on forex actually. in crypto, your debts' interest keeps rising.

[mk4]

I can only speak for stocks as I never tried trading forex.

1. Depending on the platform, it's mostly easy. It's just that most if not all the stock trading platforms requires AML/KYC.

2. Yes, mostly on penny stocks and low-cap stocks(mostly sub $1b market cap stocks). There are even stock/investing YouTubers that seems to be recommending certain low-cap stocks with the intention of pumping them. Also, observe the hyped stocks on r/WallStreetBets.

3. There's really no right answer for this as it depends on some factors(leverage vs no leverage, which specific asset, etc).

[Oshosondy]

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?

Yes, it is very easy to set up an account, but kyc is required in stock and forex trading unlike crypto you can have alternative.

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?

The marketcap in stock and forex are in trillion, the bigger the marketcap the less likely there would be manipulation, with the marketcap in forex and stock, there can not be manipulation. But in stock, I am referring to commodities like gold. There are some stocks that are very volatile. In fiats, you need to read news very well for fundamental analyses as fiats are subjected to manipulations by goverments.

3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

The three are good, it depends on how expert you are. As for me, I prefer crypto but I am more of a swing trader.

[BLU]

As I'm a forex trader as well as crypto I can say there is a lot of similarity in both, I don't trade stocks cause I like high leverage trading and in stocks they don't usually allow high leverage.
1. Yes, account setting is pretty easy but as people already mentioned you'll need to verify your identity and bank account cause it's fiat.
2. Yes, all markets maybe manipulated but with huge capitalization it's not so easy and can be done by central banks or some insider traders, it's not so evident.
3. You can make profit/loss on any volatile market or asset, crypto is the most volatile market, forex can be very volatile too in times of major news.
I suggest you to pick the market that is more suitable to your psyche, character, check what you are most comfortable with.

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

I hope we do have people here with some past stock or forex trading experience  

[winrate.io]

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?

Forex trading involves brokers, middlemen, and other institutions that usually collect fees at almost every step of the trading process. While in crypto trading, there’s no go-between. This is the biggest draw to forex trading. So for me, I'd rather stick to crypto trading any time.

[sarmrakib]

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?

Forex trading involves brokers, middlemen, and other institutions that usually collect fees at almost every step of the trading process. While in crypto trading, there’s no go-between. This is the biggest draw to forex trading.

These two are totally different market .You were saying the steps at forex cut fees its don't be a fact to trader .Its all about manipulating ,risk ,volume etc .However i think crypto is better than stock and forex as the market is always high volatile chance of earning a huge amount .I f we think about the platform both are risky you have to be a experienced trader to earn professionally .However i always prefer crypto market if it is hype or manipulating still chance of earning  a good amount here .

[Strongkored]

1. The setting for the three is almost same. For stock the verification need some time before we can start trading, because must do KYC.

2. I don't think manipulation only occurs on crypto market, manipulation will always be there, but I don't really understand manipulation in forex because I only trade on forex briefly, you can reduce market manipulation by choosing to trade on stocks from companies with very good fundamentals.

3. Don't expect to get big and fast profits on stock if you  not use big capital, because the market is more stable than crypto, based on my experience a 10% change in a day for one stock can be said high, I prefer to suppose that stock for investment. For forex use a demo account to learn more before using real money even though many say that the demo account will be different when using real money, at least understand how the forex market works.

[XZERO1]

Haven't traded stocks yet so I'm not going to comment on that but as for the Forex the main difference between Forex and Crypto is the risk, in Forex currencies rarely exceed 1-2% movement in price in a day while in crypto seeing 20-30% change in price is quite normal.

As for the questions:

1. If you use a platform that accepts Bitcoin or other crypto payment methods there would be no extra steps to buy and sell in Forex market and you just sign up for that platform and deposit btc or other coins and start trading on USD/EUR, GBP/AUD and the others.

2. Forex market of course will have some manipulation that will be able to delay price increases/decreases but to compare it to crypto it's almost nothing that can make you anxious about taking a trade since if a currency wants to go up or down it will do that eventually at the end, manipulations can not shift the market as much.

3. It depends on your trading experience and your risk tolerance, if you have been in crypto space long enough and you consider yourself as a somewhat experienced trader then crypto market would be better for you and no reason to trade Forex because there's nothing new there, but for beginners that are just in the start of their trading journey Forex could be a better choice for them because they simply can not lose much money at all while learning the ropes at the same time (as long as they don't go overboard with how much money they use to trade and don't use any leverage).

[palle11]

In addition to this response.

1. yes its easy to create a trading account and most of the broker do offer a demo account unlike in crypto. software will be installed too.

Yes, very easy. Easier than cryptocurrency. It is easy to learn forex through demo and it has limited pairs compared to cryptocurrency trade that involves so many coins which can easily confuse the trader

2. manipulations still exist there especially on penny stocks. stocks can be manipulated too by sudden news and does apply as well on forex as far as i know when there is war for example, pandemic or massive importation of goods and etc.

For forex, I don't see news as manipulation. Massive importation of goods are not really manipulation. The manipulation is not determined like cryptocurrency and whales /owners design and decision.

war or pandemic

These are not classified as manipulation because they are not predetermined for such. These cause lives to be wasted and should not be seen as manipulation because life should not be wasted for joke

3. its forex that you can easily make money but this is if you learn well with strategies USD/EUR is the usual pair just as we do like BTC/USDT.
    and there are more strategies shared by traders than on crypto. i find it odd to have debts when it comes to margin trading in crypto while not on forex actually. in crypto, your debts' interest keeps rising.

Forex is really the easiest true, with near accurate strategy for steady and consistent profit if a proper study is done with indicators.

I see GBP/USD as the most usual and popular pair.

Also, there are very volatile pairs too just as you see in btc.

One advantage of forex trade is that you can transfer your local currency to your broker for trade and also withdraw profit made in same local currency direct to your local bank account. This means transfer fee is small since is in fiat.

[Subbir]

Although cryptocurrency trading has something to do with forex or the stock market cryptocurrency is much easier than other types of cryptocurrencies. Cryptocurrency is much less risky than other trading places because if you are careful, you can get out of here with a small loss. To me crypto trading seems to be the most useful.

[slaman29]

1. yes its easy to create a trading account and most of the broker do offer a demo account unlike in crypto. software will be installed too.
2. manipulations still exist there especially on penny stocks. stocks can be manipulated too by sudden news and does apply as well on forex as far as i know when there is war for example, pandemic or massive importation of goods and etc.
3. its forex that you can easily make money but this is if you learn well with strategies USD/EUR is the usual pair just as we do like BTC/USDT.
    and there are more strategies shared by traders than on crypto. i find it odd to have debts when it comes to margin trading in crypto while not on forex actually. in crypto, your debts' interest keeps rising.

You don't even need to open accounts for a lot of demos out there. Even can just install a software some are open to just operate and link to the APIs to get all the market data, you can just use them and all their functions to test.

Problem though also is very few of these platforms actually work the way they are supposed to. No amount of practice prepares you with the things that happen on a live platform:)

[gabbie2010]

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

I hope we do have people here with some past stock or forex trading experience  

1.  Both forex and crypto account opening are similar although majority of forex brokers requires mandatory KYC except some few ones who had adopted deposits with cryptos and may not demand a KYC I am presently using one of those brokers.

 2.  Forex has big players and market makers like commercial banks, hedge managers e.t.c  they do manipulate the market even though there is market liquidity.

3.  I belief crypto is much easier compare with forex and stock market in crypto once the overall trend is bullish a trader will capitalize on any pullback and enter the market thus earning huge profits just like the current bullish trend of BTC/USD.
  

[davinchi]

I have traded with stocks and forex before. I have failed to be a good forex trader which is why I have stopped after 6 months and I should not talk about it badly since it wasn't really for me and I failed it, I can't say it is fun neither, it is way too much complicated and complex for my taste to continue. However I do have stocks since 2010, not the same stocks obviously (well one of them is) but I have been investing into them for years.

The difference between crypto world and stock world is that last time I purchased a new stock it was 2017, I literally haven't bought any new stocks for the past 3 years, I have added a bit of money to existent ones but that's about it, it is MUCH longer period of time to make profit in stock world. Whereas crypto makes profit in 4 months that stocks may not be able to do in 5 years.

[Ryker1]

Well, here is mine.
^[1] Yes, bitcoin, forex, and stocks are similar in setting up an account and the only thing that differs is with stock and forex they both require your personal information.
^[2] Yes, that is the reality of trading whales or big investors can be the maneuver and influence the rise and fall of price including the profit.
^[3] Either of the three can give you profit or made you lose depending on your skill as a trader but volatility will be the main factor for the sequel of your trading.
Indeed, I will still suggest you to choose which one is more comfortable for you where your skills are more inclined and you will be able to give your best shot all the time.

[TheUltraElite]

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?

They are regulated by authorities and so takes a bit longer time to get verified and once that hassle is done you are free to trade at your will. Gradually this is happening with crypto exchanges too so things should become more comparable soon.

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?

Whether manipulation is occuring or not is never provable. You have to assume that market is moving due to some reason unless it becomes obvious. However in stocks and nowadays in crypto some companies have used the "dividends" system to make sure hodlers dont sell their stocks/support walls for long period. This leads to a bit of false demand and becomes difficult for small cap investors to buy some big named stocks.

3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

Easy profit is a lie, if it was that easy everyone would have become millionaires. Each has its nuances and needs practice and skills among other things. Nothing is easy.

[BLU]

What do you mean there's no go-between? You also have to pay transaction fees in blockchain and if you trade crypto there are fees that exchanges collect.

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?

Forex trading involves brokers, middlemen, and other institutions that usually collect fees at almost every step of the trading process. While in crypto trading, there’s no go-between. This is the biggest draw to forex trading. So for me, I'd rather stick to crypto trading any time.

[DevilSlayer]

In terms of opening account, I will go to forex and cryptocurrencies because it is easy wherein you can create an account for just minutes unlike in stocks, it took time because there are a lot of requirements. In our local stock exchange, KYC is mandatory wherein you need a lot of things to submit in order to just trade stocks. For example you need Tax identification number, bank account that is name with you, mandatory filling up information and many more. There are still some brokers in my country wherein you can only open an account if you will go to their office. In terms of manipulation, every market have manipulators or the whales. So even in stock market, forex and cryptocurrency market; there are manipulators and they are the one who drives the prices.

In the last number, I think it is subjective because not all of these markets have same movement and volatility. I'm more used to the volatility of the stocks so I prefer to trade it than trading forex and cryptocurrencies. In terms of winning, I prefer crypto because there are exchanges that are offering leverages unlike in our local stock exchange doesn't have any leverage. 

[chip1994]

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

To trade stocks you need to open an account and need to go through many steps of verification, it will be quite time consuming. In addition, to make transactions more convenient with large volumes, we also need brokers and are required to pay fees for them. While there are many more downsides to the Crypto market, it doesn't work at night. That will avoid the manipulation activities of the rich, especially it also has ceiling and floor price regulation in some large centralized exchanges.
Both types of markets above we can make a lot of money, the most important is that you need to understand how the market works to create the best strategy and trade.

[Oilacris]

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

1. Setting up an account in traditional forex and stocks are somewhat easy just like the typical information needed.
2. Manipulations do always exist it might not really that obvious though because in a regulated market these kind of manipulative actions
will really end up on serious consequences thats why its unlikely to happen or wont really be that evident.
3. Making profit always depend on traders ability and knowledge because once you do have that knowledge then no matter what market
you do involved one.It doesnt matter yet you know on how to deal with the market.

[tbterryboy]

Honestly like everyone said forex is more similar to crypto trading than stock market is. Stock market is slow and not really doing much in reality and that is why you can't really get anything similar with crypto where which has like huuuge movements and very volatile. Forex could be similar because in forex there is huge leverages and with 100x and more (I have seen 400x in one place which is insane) you can get to volatility of crypto there as well.

You could make 2x, 3x or even 10x profits if you are right. Which is why I think it is quite important to learn the systems in forex world so that you could maybe find stuff that are similar in the crypto world as well, they are not exactly the same but they do have things that you can learn and use in both.

[yohananaomi]

Honestly like everyone said forex is more similar to crypto trading than stock market is. Stock market is slow and not really doing much in reality and that is why you can't really get anything similar with crypto where which has like huuuge movements and very volatile. Forex could be similar because in forex there is huge leverages and with 100x and more (I have seen 400x in one place which is insane) you can get to volatility of crypto there as well.

You could make 2x, 3x or even 10x profits if you are right. Which is why I think it is quite important to learn the systems in forex world so that you could maybe find stuff that are similar in the crypto world as well, they are not exactly the same but they do have things that you can learn and use in both.

two jobs that are actually the same if done correctly because they are very profitable, although we also have to understand that everyone will certainly do because they are familiar with what we have been doing so far.

both can move quickly and do need proper analysis before determining what to do, it all seems that there is no different way of doing it between forex and crypto.

to be honest, maybe because I am more used to crypto, I prefer to do it, because there are many movements that can always be profitable at any time but if you are impatient it will also be detrimental, maybe it will not be different from forex.
but what really distinguishes is the number of choices available in crypto that alone might be the difference for me.

[Wapfika]

Honestly like everyone said forex is more similar to crypto trading than stock market is. Stock market is slow and not really doing much in reality and that is why you can't really get anything similar with crypto where which has like huuuge movements and very volatile. Forex could be similar because in forex there is huge leverages and with 100x and more (I have seen 400x in one place which is insane) you can get to volatility of crypto there as well.

Forex is quite tempting to do I knew some people who only lives thru forex trading and quite earning alot, I was about to try it too but didn't able to find a better exchange to do it so I still focus with bitcoin or crypto when it comes in trading and put or buy some companies for stock market and just let it there atleast long. We can do have them all or both as long as we know how to handle them.

[Silberman]

I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

I hope we do have people here with some past stock or forex trading experience  

In terms of ease of use setting up a forex account is just as easy as what most exchanges offer, that is not the issue, the issue comes from the minimum amount of capital necessary to create an account and to open positions in the market, I have seen a minimum in my country of 10k dollars which is not small at all for the majority of the members of the community, also like in any market there are whales and they manipulate the market but the volatility is nowhere near as high as what you see here, and finally the forex market moves in ways more similar to what you see here but the stock market moves in completely different way and your strategy may not work there.

[darewaller]

Stocks are easier, crypto is very difficult however stocks are not nearly profitable whereas crypto is. I have invested into stocks for over 10 years now and I can tell you that picking a stock that will make you money is not that difficult, all you have to do is find a company that looks profitable and helps you make a profit in the long run, obviously there could be times like pandemic period where it may not make a profit but at the end of the day you will still be capable of making a profit from the ones that are profitable not right now but looks to be in the future as well.

Crypto however can make 10x more profit to you or make you lose 50% and you never know which one will happen, which is why it is really just more entertaining and profitable if you are right but you have to take the risk for it.

[dunfida]

Stocks are easier, crypto is very difficult however stocks are not nearly profitable whereas crypto is. I have invested into stocks for over 10 years now and I can tell you that picking a stock that will make you money is not that difficult, all you have to do is find a company that looks profitable and helps you make a profit in the long run, obviously there could be times like pandemic period where it may not make a profit but at the end of the day you will still be capable of making a profit from the ones that are profitable not right now but looks to be in the future as well.

Crypto however can make 10x more profit to you or make you lose 50% and you never know which one will happen, which is why it is really just more entertaining and profitable if you are right but you have to take the risk for it.

Just jumped from stocks to crypto due for that sole reason of profitability.You can actually tell the difference between them but of course about the risk involved
then theres no doubt that crypto is really having much more but even though people do see it interesting including myself.When it comes to registration or other
things then stocks are on that heavily centralized one which isnt that new.

Its up to someone on which he would prefer on doing trades but to thinking up realistically then theres no doubt that majority will really be choosing
on which one that they would able to earn more in a less time or short duration.

[XZERO1]

Honestly like everyone said forex is more similar to crypto trading than stock market is. Stock market is slow and not really doing much in reality and that is why you can't really get anything similar with crypto where which has like huuuge movements and very volatile. Forex could be similar because in forex there is huge leverages and with 100x and more (I have seen 400x in one place which is insane) you can get to volatility of crypto there as well.

It's actually the opposite, crypto is more like low cap stock market because of its huge volatility, forex market pairs rarely exceed 2-3% movement a day and it means crypto and forex are not comparable in terms of volatility, you can use more leverage like up to even 1000x in some platforms to increase the volatility to get it to be more like crypto but it's not how forex market is by default.

Forex market can be considered as a safer market for scalpers, in crypto the moment bitcoin starts showing bearish signs and going down it's over for all crypto market and it gets extremely unpredictable at times too, but in forex you can find nice trading pairs to scalp all the time with less risk because not all trading pairs are following each other.

[el kaka22]

When you are trading stocks and forex those are very different from each other as well, so you can't really compare crypto trading versus stocks/forex because even they are not similar to each other. If you want to compare crypto trading and stock trading that could make sense, they are very different from each other, crypto is decentralized and is not tied to anything and we all know that whereas stocks are tied to companies and those are huge differences.

Forex and crypto is a bit more similar but it is still different because forex is tied to governments and nations whereas crypto is not tied to anything. Basically, it is the difference between centralized and decentralized and that difference is really big which we can't really compare or find similar at all.