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

[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.

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[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.