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Author Topic: Crypto trading vs Forex trading  (Read 865 times)
sr32703
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June 11, 2021, 05:30:02 PM
 #81

From my point of view i will go for crypto trading because crypto trading don't loss your all money but in forex trading you will loss you all trading money in one night so without knowing good knowledge don't go for forex trading. And main thinks is that crypto will give much overnight but forex trading not to do it.

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June 11, 2021, 09:25:45 PM
 #82

Maybe, I'm not the right person to answer this nor this will have value as I never tried forex trading. But I don't want to be biased in here so what I can say is that it is much better to try them both. Many people would say that Crypto trading is profitable, maybe they are because they are more focused on crypto but how about if they spend more time in Forex trading?

This is all about finding our comfort zone. Of course, we can say crypto trading is more profitable because this is the place we stay, even me. But those who live in Forex trading will tell us the same. Mate, it was you who can decide, what we have is just some insights.
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June 14, 2021, 01:20:24 AM
 #83

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

Even how many times that I heard about this Forex trading, sometimes I've been thinking and became curious to why not try Forex trading
to find out the difference between crypto trading and this Forex, though my main source of income so far was came in crypto trading. Just wanna experience of what inside of this platform and if there is something loos, it is only a few amount only.

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June 14, 2021, 03:34:22 AM
 #84

If you have good knowledge about trading then both are good it will usually depend on the skill of the individual. I also like crypto trading in crypto trading their value will increase in the future and you will get a great profit forex market stable The crypto market is not stable and cryptocurrency trading involves low fees and potentially higher returns it is very easy to enter and exit the market. Thoroughly analyze both markets before making your decision.
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June 14, 2021, 04:46:36 AM
 #85

I did both, for crypto trading I try to understanding the cycle of trend of market so that I get best time to enter and quit from the market. And for the crypto trading, I prefer doing long term trading, buy some good coins and hold it for 1 year or more. So my goal from crypto is to make multiple profit for duration 1 or 2 years. And for the forex trading, I did day and swing trading and my goal here is to gain monthly profit about 10%-20%. Both actually has the same level risk, the point is how to manage that risk to be lower.

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June 14, 2021, 05:45:54 AM
 #86

And main thinks is that crypto will give much overnight but forex trading not to do it.
Did it never occur to you that the opposite thing thought will come to the mind of a seasoned forex trader when asked whether they want to go with crypto trading vs forex trading?

Because this is a apples vs oranges comparison. One who has already put years into something will not look for another method if they are well versed in the first one. This is a bitcoin forum and therefore the answer will be biased towards crypto. Ask the same question on a forex trading forum - you will see the difference.

i think both are like the same, if you want to profity, you must play in whatever have more volability as day trader
If you want to find volatility you have many altcoins to choose from. The difference is not there. You have to go with whichever you have prior experience in. If you are newbie go with whichever interests you more or has no known legal problems in your country.

R


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June 14, 2021, 12:12:03 PM
 #87

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.
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June 21, 2021, 04:38:35 AM
 #88

The different between crypto spot trading with forex leverage trading is, in crypto we can make multiple profit but not possible to make it for every year but the probability to gain it only every 3-4 year. But in forex trading, we have probability to gain monthly profit about 5% to 30% amonth. For the better we do both, so we have difersification risk.

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June 21, 2021, 05:58:01 AM
 #89

From my point of view i will go for crypto trading because crypto trading don't loss your all money but in forex trading you will loss you all trading money in one night so without knowing good knowledge don't go for forex trading. And main thinks is that crypto will give much overnight but forex trading not to do it.
I'm not sure where you get that point of view.
I'd never find a huge difference between crypto and forex trading because the chances of losing all our money can happen to both of them. If you have knowledge in crypto trading, you can still apply to forex trading. Risk, profitability, losses, it will matter on you, not because we use this one and this one. Particularly, many traders had to defend themselves that crypto trading is profitable or forex trading but the truth is that, there is no right answer.

I might be good in forex trading and you will be good in crypto (and vice-versa). So literally, you will say base on your experience and we don't have the same experience.

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June 21, 2021, 03:19:47 PM
 #90

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.
That's right at least we try to learn about both so we can know the advantages and disadvantages of each,
trading of course there are profits and losses everyone must have felt that way,
so it depends on the individual which one prefers

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August 28, 2021, 02:41:35 PM
 #91

Forex vs crypto:-

Forex involves brokers, middle men and various other institutions that collect fees at almost every step of the trading proces whereas in crypto trading, there’s no middleman and that’s the biggest draws to it. In forex there is a liquidity available and in crypto trading lack of liquidity.

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August 28, 2021, 03:09:11 PM
 #92

You asked in a forum that highly favors cryptocurrencies, so I think that there's no point asking this question because it ends up the same which is crypto trading and it's evidently much better because you can grow your capital in crypto trading much faster if you have the skills and knowledge.
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August 28, 2021, 03:47:15 PM
 #93

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
Things like this are often asked by beginners. I'm sure you haven't tried and learned to understand both. If only you studied hard one of the trades I'm sure you know at least the advantages and disadvantages of each. Profit and loss depends on which trades you understand and you are an expert in. The problem of loss is the risk of all traders.
That's right at least we try to learn about both so we can know the advantages and disadvantages of each,
trading of course there are profits and losses everyone must have felt that way,
so it depends on the individual which one prefers
There arent much differences if you do ask me because you would basically be needing technical analysis which is really just the same on regarding on reading up candles and those indicators or tools that do give out some sign about specific trend or possible price movement but do remember that it isnt really an assured thing that it will really be giving precise manner. They do mainly differ only with the volatility and this is
where they do mainly too different. Forex is nearly on stable and Crypto is really making some wild swings but of course it would really be having corresponding risk but also giving out some chance for you
to make profits as well if you done it well. So its a personal preference on which one you should gonna choose.

R


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August 28, 2021, 07:27:39 PM
 #94

I think crypto trading would be more lucrative but, at the same time, riskier due to the volatile market, but in the end, it is up to the investors to decide. You can't understand what's going on if you don't try it yourself.
Take bitcoin, for example. At the moment, bitcoin is trading between $49,000 and $50,000, but you could get it for $30,000 back in July, so that is the difference difference between crypto and forex market.

Bitcoin has experienced massive swings in value, and I think that is the reason why people are investing so much into the market now.

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August 28, 2021, 08:22:55 PM
 #95

I feel, there is a risk in both as market is volatile. I have tried both but now I am finally into trading crypto currencies. I dont feel investing on Forext / share markets. The main thing I like in crypto is, there is no expiry dates for any crypto currencies. You can peacefully hold the coins as long as you see a good profit. But, I did not find such best options in share marketing.

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August 28, 2021, 10:44:47 PM
 #96

Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.

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TheGreatPython
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August 30, 2021, 05:24:37 PM
 #97

Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
This question had been asked so many times, and the answer is that both crypto trading and forex trading are the same. If you’re not skilled, you’re not going to make any profit in any of them. So, they both require that you take time and learn it to be good enough to make profit. And the both types of trading carries risk, you can lose money in any of them. They are very similar to each other. The difference between the two of them is forex is regulated while cryptocurrency is not. Though in terms of being profitable, I think that you will be able to make more profit from trading cryptocurrencies because of how volatile it is.

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jossiel
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August 30, 2021, 09:35:14 PM
 #98

Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.
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August 30, 2021, 10:26:02 PM
 #99

Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.
Yes its very risky and there's no market that it is risk free or something easy that you could deal with.It would always be needing that kind of risk taking and skills for you to sustain yourself even lets say that Forex is
not too volatile but since it do move its price with certain scale then you could still possibly lost your capital although in crypto it is much more faster on the sense since its way too volatile.
Crypto trading is where people do really get interested on knowing the chance that you could make out big profits in a short time but people should know about the accompanied risk.
This is something that you can easily engage on without taking some several considerations.

jossiel
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August 31, 2021, 12:50:11 PM
 #100

Because you are here, I will say crypto.
Why? because I only can trade crypto, not forex.

However, generally, both Forex and Crypto are promising and profitable as long as you really know how to trade.
Each has its own risk and also profits.
I suggest you trade the one that you really know enough, not only based on other people done.
Both markets are very risky and it's no advisable for a newbie to just jump in without any research being done.

With crypto market, there's stop and he can learn from that and with forex, AFAIK, it's higher volatile and quick in phasing with its market so that's why being careful is needed there.
Yes its very risky and there's no market that it is risk free or something easy that you could deal with.It would always be needing that kind of risk taking and skills for you to sustain yourself even lets say that Forex is
not too volatile but since it do move its price with certain scale then you could still possibly lost your capital although in crypto it is much more faster on the sense since its way too volatile.
Crypto trading is where people do really get interested on knowing the chance that you could make out big profits in a short time but people should know about the accompanied risk.
This is something that you can easily engage on without taking some several considerations.
I don't do forex but those simple tips that I've read made me not pursue it.

It can be easy for the others but if it's really where you are good at and confident trading. If you're for the forex, you trade in forex.
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