Trading question

[Jackl87]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

I don't think that there is an objective better way of investing, there are only subjective opinions what a person prefers to invest in. Given the fact that you are on a forum that is about crytocurrencies i am pretty sure that a lot in here will answer that they prefer to invest into crypto instead of into traditional stocks and i have to say that i am also one of them. The reasons for that for me are that i only invest small amounts of FIAT that i can lose completely without having any impact on my life or future plans of purchasing something and with such small amounts i don't think i can make nice profits with traditional stocks. If you invest 500$ into traditional stocks and you make 10% profit over a few months then you have 550$ which is nice but not really a game changer. In crypto you always have the chance, even if the chance is pretty small, that you make a x10 of your investment.

[TheUltraElite]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

This is a question that is a valid one but being asked in the wrong place. This is a Bitcoin forum and therefore you will get a biased answer skewed towards bitcoin. If you are new in investing, you should first learn about the different types of trades being available to you. Then choose which one goes swith your type of trading habits.

Forex veterans will never want to get into a new trade. Those who are in Bitcoin will probably never want to go for forex. End of the day what matters is what you like and what you are comfortable with, not what is more profitable. Only then you will be able to continue for a longer period and therefore gain more.

[kojektea]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

When compared with the risks, of course playing stocks will look better and healthier because the profits with small risks.
Cryptocurrencies carry a lot of risk, but who really succeeds here, they can change their lives quickly.
As what many people say "high profit high risk" that is the picture of cryptocurrency.
Although many people lose in cryptocurrency, but some of them are really successful, what I learned from those who succeeded is how they are patient in market conditions and always take advantage of the moment.

[Crypto Library]

If you tell me, I will talk about crypto trading because I think crypto trading analysis is a bit easier than forex trading, and the future of crypto is bright, so if you get a good experience on it your future also is lightn , your friends have given their opinion. And you can do your own personal research to see what works best for you.

[lienfaye]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

You're asking this question on a crypto forum so most likely majority of traders here prefer crypto trading. Well in my experience (being a past trader of stocks), I will choose crypto. Because in crypto trading, I experienced to be a huge gainer and I think its best suits me so I stick to it. Hence, it depends on what you prefer and what you think is more profitable if you put your money into it.

[raidarksword]

All of them are good, it all depends what you are capable of on trading. Since you already have interest on crypto trading then it's been to go for it and decide whether to go with your friends likes. Anyways, all of them requires patience and emotions will always be the deciding factor in the end. For me, I will go to crypto trading.

[WalkerIVIV]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto,

You can ask your friend whether he has ever tried to trade in the crypto and what's about his impression in the crypto? it sounds like that if he never tried to trade in the cryptocurrency.
If your friends have not even traded on crypto exchange site and then his suggestion may not true as he dosn't even know the atmosphere in the crypto market.

Between Forex trading and crypto trading which one do you prefer the most and why?

Forex is a bit safer than crypto caused by it's less volatile compared with crypto but i prefer to trade crypto over forex. It's caused by when you are seeing the crypto traders and they can make easy money from the various sources. This can become the best advantage about that.

[Vatimins]

     Op, you shouldn't take their suggestions too seriously. You should know for yourself that not everything that works for the others would work for you. In simple terms, crypto can be a gold mine for some, while for some, stocks or fiat currency trading is the go to. One fact remains unchanged though regardless of where you are more compatible with which is the need to have at least basic knowledge about candle names, patterns, supports/resistances, and some indicators. Of course the more you know, about trading the better. But whatever you do, always try to keep your greed and emotions in check and please do avoid futures or at least stay on low leverage if you want to last long in trading. That is if you aren't that confident with your skills yet or do not have mentor or a paid signal. You understand what I meam right? If so, then great. Good luck.

[ijeb]

First of all there is a big difference between trading stocks, forex, bonds or commodities. All of those are corelated to external world and do not move in dependency of each other like BTC does with crypto.
Volatility in crypto is imminent and most unexperienced traders lose money because of high volatility turning the holding crypto to be more profitable in time but if you are a good trader and doing this for a lot of time you can easily understand that these daily price movements of up and down can be a traders heaven.

[maydna]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

I prefer crypto trading over forex trading because, in my opinion, we can enter the crypto exchange anytime we want, and we don't need to spend big money. I don't know how about forex trading because I never learned about forex trading, and I think that is more difficult for me to learn. I prefer crypto trading because there are so many coins to trade with, and we can choose more than one to trade.

[evichi]

I prefer crypto trading in comparison to forex trading. In crypto trading you have more assets to chose from for trading. However, the volatility in crypto trading means more risk when comparing market movements. The risk is really very high especially the risk of pumping or dumping the coin/token which rarely happens in forex trading. The choice of what to trade on is really an individual decision as both have its pros and cons. IMO, I prefer crypto trading.

[Sled]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

The volatile nature of the crypto market makes me choose this over Forex Trading. But talking about the risk, they are all just the same, it somehow we just choose a place where we can maximize our knowledge and skills.

Well, in trading, is not all bout how much we earn but also matters which place we are very comfortable and which one gives us the interest. And for the reason that I have more knowledge in crypto, this become my advantage and I think the others do the same as well.

[Doell]

Obviously I'm sticking with crypto because crypto trading make me very interested. But Depending on understanding and capital also, apart from that it's all intention. I also have a lot of friends who suggest the same thing even my ex GF, often trades in gold and shows his profits are more than my profits trading in crypto. The point is that his capital is bigger (that's all). Crypto move very fast even if it goes up or down it can actually benefit more "when talking about profit", the risks of both are actually the same.
If there is your friend who trades other than crypto and makes a lot of profit, can be sure that his capital is bigger and the risk is definitely also big. Different at crypto we can do it with small capital but the profit can be 100x even 1000x if you choose the right coin and at the right time.

[gabbie2010]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

I prefer crypto trading over forex trading because, in my opinion, we can enter the crypto exchange anytime we want, and we don't need to spend big money. I don't know how about forex trading because I never learned about forex trading, and I think that is more difficult for me to learn. I prefer crypto trading because there are so many coins to trade with, and we can choose more than one to trade.

I learnt both forex and crypto trading in fact I started with forex trading thereafter diverted to crypto trading which I found more reliable and highly volatile you can quickly earn some profits on short term or long term basis though highly risky, however in forex trading you had take into cognisance updates on high impact news which is like a fundamental news that can make or mar your technical analysis and no trades on weekends in forex trading unlike crypto trading which is 24/7 for the fact that my bank account is linked directly with my crypto exchange thus sell some of my profits via P2P is an added advantage.

[palle11]

I learnt both forex and crypto trading in fact I started with forex trading thereafter diverted to crypto trading which I found more reliable and highly volatile you can quickly earn some profits on short term or long term basis though highly risky, however in forex trading you had take into cognisance updates on high impact news which is like a fundamental news that can make or mar your technical analysis and no trades on weekends in forex trading unlike crypto trading which is 24/7 for the fact that my bank account is linked directly with my crypto exchange thus sell some of my profits via P2P is an added advantage.

In forex trading you really have to stay away from high impact news you are right. High impact news are very dangerous to a trading account whether it is positive initially to your account and getting it to increase in profit but you can be surprised the next minute that you check your profit is turned to negative, like your blue turning into red lol. A trader understands what that means and you can have margin call from profit to loss. It is advisable then to avoid such days for high impact news if you don't have a better strategy.

[lousie9]

When you ask on this forum which one should I choose, of course I would choose trading in Crypto because with today's very high volume and market, trading in Crypto is definitely one of the other alternatives for Forex users too, and I think many of them We are. do both because with lots of room to invest, the opportunity to get big profits will be wide open because everyone will think realistically in investing.

[lalabotax]

each trading stock or crypto have their own risks.
I oersonally will orefer to crypto trading. I can trade lower in some coins, easy ways of trading mechanism.
many people say that crypto trading is riskier than trading in stock, moreover if we are trading shitcoins. however, this can be avoided by doing more analysis on the coins, I personally will prefer to trade crypto.
just ensure yourself and consider each positive and negative side.

[bittick]

I think that your friend was totally wrong in this case. crypto was more volatile compared with stock or forex and in this case you can also see how fast the dump that happen with the cryptocurrency. This means when you are comparing crypto with another commodity like fiat or stock and crypto will be very profitable as long as you were able maintaining it. You must also remember that if someone in crypto can become a rich guy as long as he can invest into the hidden gem that can give him more than 100x ROI.
Crypto can give you also hundreds times of ROI as long as you are picking up the right project.

[mzuhry19]

when you ask that I think many will like to answer crypto because you are in a crypto forum and for me personally I prefer crypto trading of course

[joeperry]

Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?

I am not really familiar with stock trading and I think there is only a time where you can trade? but they have the concept in crypto trading including uses of indicators and market analysis but I am sure that in cryptocurrency the price is really volatile and can change fast.