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Author Topic: is crypto trading different from forex trading.  (Read 585 times)
AicecreaME
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November 27, 2021, 02:14:59 PM
 #81

The technical analysis are just the same, however, the volatility is not. Trading in cryptocurrency has more risk than trading in forex (depends on how much risk you put in forex though). For me, it's more fun trading in cryptocurrency and easier to familiarize than in the real currency we have in the whole globe. Profits is better also in cryptocurrency, trading platforms in cryptocurrency is much better as well compare to forex.
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November 27, 2021, 03:07:30 PM
 #82

Both are risky in my opinion. I am a long-time crypto trader and I do have not enough idea about forex trading. But forex trading is one kind of size system which will automatically be traded according to your size. Here, the more the size the higher the risk. In crypto trading, bear market can come anytime, and then you can hold your assets which you invested. So, both are risky to me and obviously different from each other.

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November 27, 2021, 04:19:30 PM
 #83

Crypto and Forex are supposed to be two of the least secure yet beneficial business sectors for brokers But on account of the enormous benefit the two business sectors stand out enough to be noticed contrasted with different business sectors
So how about we simply feel free to investigate what these two business sectors bring to the table for us and how they are unique in relation to one another
One of the significant contrasts between the crypto and forex markets is the quantity of accessible instruments The forex dealers typically exchange cash sets
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November 28, 2021, 02:05:39 PM
 #84

The technical analysis are just the same, however, the volatility is not. Trading in cryptocurrency has more risk than trading in forex (depends on how much risk you put in forex though). For me, it's more fun trading in cryptocurrency and easier to familiarize than in the real currency we have in the whole globe. Profits is better also in cryptocurrency, trading platforms in cryptocurrency is much better as well compare to forex.
Also you can avoid lot of hidden fees while trading cryptos but with forex you need to spend a lot for the fee and tax, but when the crypto trading is legal you have to pay more taxes which is almost equivalent to corporate taxes in some countries. But I can agree with the fun part, trading crypto is easier and once we get to know and familiarize with it then it will be more easier than other kind of tradings.

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dimonstration
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November 28, 2021, 03:15:17 PM
 #85

Both are risky in my opinion. I am a long-time crypto trader and I do have not enough idea about forex trading. But forex trading is one kind of size system which will automatically be traded according to your size. Here, the more the size the higher the risk. In crypto trading, bear market can come anytime, and then you can hold your assets which you invested. So, both are risky to me and obviously different from each other.
I do have friends who prefers forex trading than crypto. They might be more interested in forex than in crypto since they only study a certain currencies depending on that countries economy and they really said to have profit so didn’t mind entering in crypto to focus on it. Ti guess we can try both what suit with us in terms of our trading capabilities nd see what we can enjoy most and where we can get profit most by trying them both at first.

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November 28, 2021, 03:35:22 PM
 #86

Yes it is very different as compared to the crypto trading, as in crypto trading there are much easy ways of trading and entering into that zone of trading in which you want to get profit. but as i say that forex trading has some different type of way to introduce and his own trading ways for the traders which is different from the crypto.

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December 04, 2021, 08:26:34 PM
 #87

I think the differences are notable, first the volume of currency trading is consolidated, while the volume of BTC is not, currency trading does not have as much volatility as that of BTC, if we take into account that BTC trading is much faster Regarding its market stages, such as Accumulation, trends, Distribution is widely fast in movements, because the accumulation stage in BTC lasts around 3-4 years, while in other markets the accumulation stage and important movements tend to occur after 8-10 years, the movement is quite long, so when we make those comparisons there are clearly noticeable differences.

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