Crypto trading vs Forex trading

[Jazzier]

Depends on how you like volatility. If you like volatility then go on crypto, otherwise go on forex.

[sarmrakib]

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

I always go for Crypto .Its high volatile market and huge chance to get return than Forex .I think crypto is the best market for all trader who are expert on trading .Its so easy to get profit here if you know the market behave welly .I have lost many funds on Forex but after starting to trade on crypto i have recovered my all funds .That's why i think crypto is more profitable than Forex .

[barbara44]

I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.

There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.

However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.

[sr32703]

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

For little amount i think crypto trading is best because all on a sudden you will get back profit with your seed money but if you don't have enough fund for giving support then you can't go with forex trading.

[DarkDays]

Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.

and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.
but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.

Yes, while before forex was the way to trade and make money now crypto has become the avenue to increase the speed of making money from trading by several times. This is all thanks to market volatility which can play in either a favour or disadvantage. The fact that now you don't need to wait for months to make profit of some trades makes crypto an extremely sought after option.

[Shenzou]

I feel like forex trading is way more streamlined which means that poeple have been trading it for many years now, so the strategies and the way to act and make decisions based on indicators and news are all in place and you can acces it  and start making profit by just folllwing some traders, but the cryptocurrency is a bit tricky and hard to predict and i feel that is due to the decentralization because there is not way to control it but also the crypto market yields far more profit that the forex, it is high risk high reward.

[taufik123]

forex was the way to trade and make money now crypto has become the avenue to increase the speed of making money from trading by several times. This is all thanks to market volatility which can play in either a favour or disadvantage. The fact that now you don't need to wait for months to make profit of some trades makes crypto an extremely sought after option.

Profits will be obtained faster and more than trading in forex, but it should also be noted that the risk of trading in crypto is also very large to lose the value of the purchased crypto assets. Therefore it is necessary to do good management. Crypto is very fast to make a profit but also very fast to make a loss. Basic knowledge of technical analysis is needed in order to make predictions well.

[Rruchi man]

They are both profitable, but what is important is finding out which one is more profitable to you because there is no assurance that you will make as much money or even make any money at all like a certain Mr Z who is a friend to you and is making money from forex and even goes as far as to show you his earnings. Just as there is no assurance in making profit from crypto trading as well. What is important is finding out which of them will work well for you and sticking to it first.

There is really no need trying to jump around at the initial stage of your decision making and learning, when the motive you have for them both is to make profit.

[Alisha-k]

Both cryto and forex share the same market analysis either the both can be analyzed fundamentally and techically. What you should be more concerned about is acquring the skill first. When you have mastered the concept you would then answer this question your self following your experience from the general market behavior.

[bitzizzix]

It all depends on habits, mastery and expertise in their respective fields and both will be said to be better with their respective habits and also mutually beneficial depending on how we use them, especially freedom, security and comfort.
Another difference that I find more comfortable with is that bitcoin was developed with the idealism that good currency is not controlled by governments and central banks, governments that people believe are governed by different intentions usually only work for personal gain, so. Financial decisions are always on the side of the strong.

and In essence, the way bitcoin works will not provide an opportunity for governments and central banks to interfere in regulation and freedom to use it.

[fearfulcalm]

i think both are like the same, if you want to profity, you must play in whatever have more volability as day trader

[shushu9977]

Crypto trading and Forex trading are good for learner or expert, because they are always research and more knowledge to want how to get their profit. From that way, they earn money. On the other hand, Crypto trading or Forex trading both are risky if you are not earn much knowledge about it. Both are good investment if anyone will get more proper knowledge and keep researching.

[BIN-BIN]

Both forex trading and crypto trading are just the same coins with different phases, both cryptocurrency, and forex trading deal with digital commodities so they have a similar trading experience is left for you to choose the one that suits your personality.

[coiner-88]

It relies upon how master you are, both are dangerous and can be beneficial. Likewise, utilize low influence, the benefit can be low, yet the odds of losing high sum is low while your edge is low. In a similar market type, model crypto market, many exchanging procedures and one individual will just discover one or a couple of techniques the works for individual need.

[MCobian]

I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.

There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.

However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.

Indeed, one of the advantages of forex trading is that banks are more accepting, because the products used are currencies that have been
recognized by all countries. While crypto trading, not all banks support and accept it, because crypto trading uses currencies that are only
accepted by a few countries. But both are equally profitable if run correctly, but it is wiser to choose only one, to be more focused when trading.

[imstillthebest]

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?

if you ask this question here what do you expect ? many replies will be biased and say that crypto is profitable .
 like me i never tried forex trading yet ,
just crypto but crypto trading can give me profits therfor id say it was profitable but there are bad times too in crypto where you can lose . why wont you try both and see for your self if where you are comfortable at because we are not the same .

[somantri]

Both crypto trading and forex trading are very risky, they are both ways many people are losing, but the experts are using it to make money, the experts are few while the losers are many. It depends on how expert you are, both are risky and can be profitable. Also, use low leverage, the profit can be low, but the chances of losing high amount is low while your margin is low. You will have to choose one and study about it very well, or you can study the two and later choose one. You may even later like the two is you go patiently.

I hope that I could be an expert in trading

[Rajamuda]

After the things that must be learned from both, both are the same as trying fate or luck in it. Commitment and self-confidence are needed, ask yourself if you are more prepared for crypto or forex, you are more familiar with crypto or forex, you should prefer things that already have basic knowledge.
My advice is basically don't push yourself too much and don't hesitate to aim, and I think it's more interesting and has more opportunities on crypto, with various coins that can be trade in it.

[bitgolden]

Which one is more profitable? Crypto trading or Forex trading?

Profitability from your trading is definitely not market dependent but your skills. I have experiences in trading stocks, commodities, forex and cryptos and in my opinion, everything is almost same in terms of risks and reward ratio but bitcoin is somehow different than any other asset due to unique characteristics like halving and limited supply. If you are capable of exploiting those unique things of bitcoin then bitcoin trading will be definitely highly profitable for you than forex or any other trading.

why wont you try both and see for your self if where you are comfortable at because we are not the same .

But, long term holding can be profitable for everyone and that is what exactly I tried to convey to OP. I always strongly suggest all traders to get into long term holding rather than struggling with active trading. Long term holding of bitcoin is simple and effective way of easy profit making method but I am not seeing not all people are preferring it.

[imstillthebest]

Which one is more profitable? Crypto trading or Forex trading?

..//..

why wont you try both and see for your self if where you are comfortable at because we are not the same .

But, long term holding can be profitable for everyone and that is what exactly I tried to convey to OP. I always strongly suggest all traders to get into long term holding rather than struggling with active trading. Long term holding of bitcoin is simple and effective way of easy profit making method but I am not seeing not all people are preferring it.

well the topic is about trading but no doubt that holding is easier , less hassel and can be more profitable than in trading if we can hodl for a long time but what can we do when some people prefer to trade than in hodling .
 that could be their pasion and they got easily bored in hodling . in crypto we have btc and btc can be good in both trading or hodling but i dont think stocks can be good as that