Crypto or Forex?

[Pandu Geddon]

The main problem with Forex trading is that your account can be blocked at any time for one reason or another. And you have no anonymity. When trading cryptocurrencies, you can use either CEX or DEX - depending on your preference. Of course, there are risks everywhere.

do all forex trading platforms have the same rules, which allow user accounts to be deleted or frozen?
that is simply not the case for crypto exchanges. it is very rare for such cases, except in casino scams which usually involve deleting accounts or freezing funds.

I'm not a forex trader, I don't know the advantages or disadvantages. but when talking about risk, every trade will have its risks. if this question is asked on social media forums of forex traders, of course, there will be better and more profitable forex trading answers. but for those in crypto forums, of course, crypto trading will be better and more profitable. although basically, it all depends on the skill of the trader.

[Dragonfund]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?


Thank you.

The benefit of cryptocurrency and forex is that while they both experience gains and losses, they also process individual advantages and disadvantages. Like cryptocurrency, for instance, the few benefits I am aware of are that you can make money quickly, particularly when trading altcoins, that you don't need a lot of experience to trade, and that you can buy and hold. I'm not sure about forex, but the disadvantage I believe it has over cryptocurrency is volatility. When you lose money in cryptocurrency, it is a catastrophic loss, whereas in forex, losses are minimal, with the exception of when you trade on margin, which can liquidate you at any time.

[palle11]

The main problem with Forex trading is that your account can be blocked at any time for one reason or another. And you have no anonymity. When trading cryptocurrencies, you can use either CEX or DEX - depending on your preference. Of course, there are risks everywhere.

do all forex trading platforms have the same rules, which allow user accounts to be deleted or frozen?
that is simply not the case for crypto exchanges. it is very rare for such cases, except in casino scams which usually involve deleting accounts or freezing funds.

I'm not a forex trader, I don't know the advantages or disadvantages. but when talking about risk, every trade will have its risks. if this question is asked on social media forums of forex traders, of course, there will be better and more profitable forex trading answers. but for those in crypto forums, of course, crypto trading will be better and more profitable. although basically, it all depends on the skill of the trader.

I don't understand why a forex trading account will be blocked, ask yourself that question to see if you can arrive at a logical answer if not that either the forex platform is a scam. If a forex platform is not a scam I don't think that will happen to block a customer out. It is unreasonable to conceive such, there are could be untrusted platforms waiting for customers deposit to run with your funds so you need to check from friends that are already trading to know reputable trading platform.

[Smack That Ace]

The main problem with Forex trading is that your account can be blocked at any time for one reason or another. And you have no anonymity. When trading cryptocurrencies, you can use either CEX or DEX - depending on your preference. Of course, there are risks everywhere.

do all forex trading platforms have the same rules, which allow user accounts to be deleted or frozen?
that is simply not the case for crypto exchanges. it is very rare for such cases, except in casino scams which usually involve deleting accounts or freezing funds.

I'm not a forex trader, I don't know the advantages or disadvantages. but when talking about risk, every trade will have its risks. if this question is asked on social media forums of forex traders, of course, there will be better and more profitable forex trading answers. but for those in crypto forums, of course, crypto trading will be better and more profitable. although basically, it all depends on the skill of the trader.

I'm also into forex trading, and I've never heard of any regulations about deleting and freezing user accounts without reason. Even forex brokers are more strict and secure as they are regulated by regulatory authorities.

In terms of trading, I feel forex trading is better than crypto. Simply because forex will have enough data for you to analyze and make more accurate predictions. As for crypto, they are more manipulated than dependent on supply and demand, so prediction is difficult. Other than bitcoin, altcoins are almost impossible to analyze and predict.

[bitzizzix]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?


Thank you.

In my opinion, both are equally good and profitable, but it depends on the knowledge and expertise you have in trading or investing in investment assets, whether crypto or forex, and you also have to consider the initial purpose of investing or trading.
But for short-term trading or investing, forex can be an option because its active movements fluctuate every day, and if your goal is long-term crypto with good returns, I think crypto is reliable, especially bitcoin.

[harapan]

But if you are just starting it's better not to ride the flow yet but proceed to read and learn how to trade properly even if you have losses your winnings matter over losses.

This is a major problem people who are new to trading make. Both forex and crypto beginners make the same mistake. They feel its just a buy and sell model without understanding the technicalities. Whichever anyone chooses between Crypto or forex or even stock trading he must first read, study and understand the dynamics. Learning never ends, even people who are pros in the business still learn and grown their skillset, talk more of a beginner. There's a saying I saw here, "learn before you earn"

[AmoreJaz]

But if you are just starting it's better not to ride the flow yet but proceed to read and learn how to trade properly even if you have losses your winnings matter over losses.

This is a major problem people who are new to trading make. Both forex and crypto beginners make the same mistake. They feel its just a buy and sell model without understanding the technicalities. Whichever anyone chooses between Crypto or forex or even stock trading he must first read, study and understand the dynamics. Learning never ends, even people who are pros in the business still learn and grown their skillset, talk more of a beginner. There's a saying I saw here, "learn before you earn"

i guess some people want an easy way to the get-rich-quick route. however, both have their pros and cons and there's no easy way to profits. in both types of trading, you still need hard work to understand the mechanism of trading. and experience is one of your best bet to gain profits in this market.
don't expect that an overnight study will give you so much info that you can use to beat these markets. it will be long journey if you want to explore these markets. no one can be expert in few days of work. it would be years and years of experience before you can say, you got good grasp of any trading market.

[dunfida]

But if you are just starting it's better not to ride the flow yet but proceed to read and learn how to trade properly even if you have losses your winnings matter over losses.

This is a major problem people who are new to trading make. Both forex and crypto beginners make the same mistake. They feel its just a buy and sell model without understanding the technicalities. Whichever anyone chooses between Crypto or forex or even stock trading he must first read, study and understand the dynamics. Learning never ends, even people who are pros in the business still learn and grown their skillset, talk more of a beginner. There's a saying I saw here, "learn before you earn"

i guess some people want an easy way to the get-rich-quick route. however, both have their pros and cons and there's no easy way to profits. in both types of trading, you still need hard work to understand the mechanism of trading. and experience is one of your best bet to gain profits in this market.
don't expect that an overnight study will give you so much info that you can use to beat these markets. it will be long journey if you want to explore these markets. no one can be expert in few days of work. it would be years and years of experience before you can say, you got good grasp of any trading market.

We should put up into our hard-headed minds that there's no such thing about easy money on this world on which it is really that understandable that you should really be thinking about being realistic
on having those approaches on different things.Comparing out Crypto and Forex then it would really be sharing up on the same concept which is to buy low and sell high but its not something that you could
be able to bare up considering that the market is really that unpredictable.They might differ mainly with volatility but its not something that someone could easily be able to handle it out.
You are the ones who do make up decisions whether you would be sticking on the other side which suits you the most.

[Pezroly]

In crypto you can buy cheap crypto/token and then sale at higher price. For example, you buy BNB crypto at low price and sale it after three days with 5% profit. In Forex, you can make profit and then loose it very fast. So crypto can give you more stable profit.

[cute nmp]

Well both can be profitable it depends on which one you specialized more on.I prefer Crypto more than forex cause I make more profits with the crypto-market.Forex is more harder and has lots of manipulations so you can easily lost your funds.Not good for a beginner trader so I definitely will go with Crypto.

[blockman]

In crypto you can buy cheap crypto/token and then sale at higher price. For example, you buy BNB crypto at low price and sale it after three days with 5% profit. In Forex, you can make profit and then loose it very fast. So crypto can give you more stable profit.

That's why they say that movement in forex is quicker than crypto but if you've been on both markets, you'll really be able to tell what's better and what's not. But if I'm to choose, I'll choose what's better IMO and that's with crypto. I have already the idea of I should hold, sell or buy. That's why experience here is helpful and that makes someone more eager to go into other markets because of their volatility. And it doesn't have to be on a daily basis because trading here requires patience just like any other markets that we're part of. It's not that bad to test the waters in other lakes and if there are more fish there and you're doing better, why not get into it and take advantage of your momentum from trading there?

[gunhell16]

Either of the two you can have an income there, now it depends on you where you are more comfortable and you can do less. Although, we each have a little more skill and we know of course that we are there because we know that we will not be in trouble.

Because I'm learning in the crypto space that's why I'll stay here more because this is also where I get my source of income for the few years I've been here in this cryptocurrency industry.

[Silberman]

Well both can be profitable it depends on which one you specialized more on.I prefer Crypto more than forex cause I make more profits with the crypto-market.Forex is more harder and has lots of manipulations so you can easily lost your funds.Not good for a beginner trader so I definitely will go with Crypto.

One of the great advantages that this market has over Forex is the size of the capital needed to open an account, where I live a person interested in trading the Forex market will need a few thousands dollars just to start, and it is preferable to have 10k or more, however when it comes to this market people can start with as little as a few dollars, this makes this market more accessible for the average person and it allows talented traders with low funds to start to accumulate profits at a faster rate than what the Forex market would allow them to get.

[palle11]

One of the great advantages that this market has over Forex is the size of the capital needed to open an account, where I live a person interested in trading the Forex market will need a few thousands dollars just to start, and it is preferable to have 10k or more, however when it comes to this market people can start with as little as a few dollars, this makes this market more accessible for the average person and it allows talented traders with low funds to start to accumulate profits at a faster rate than what the Forex market would allow them to get.

Sorry the information contained in your post is not correct and it is misleading to say that opening a forex trading account takes thousands of dollars, no it doesn't. Gone are the days that brokers or forex trading platforms have a  three digit limit to open an account, now with two digits you can open a forex trading account. In fact you can do that with as less as $20 if you so wish. You can google it up to check.

[StarKay]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?


Thank you.

Crypto and Forex share few similarities but are mostly different. The future and perpetual trading in crypto is similar to trading Forex but where they mostly differ is the spot trading. I can decide to hold cryptocurrency especially BTC and hodl for long-term investment but that option doesn't make investment sense in Forex. I'll choose Crypto over Forex.

[NicNacCoin]

To be honest, for me the priority direction is Forex. For me, this market is more understandable and I am sure that I can earn money here. For work, I now use a broker from Amarkets, and I am very pleased with this option.

Do you have a lot of experience in forex? Have you ever been able to earn from a forex trading platform? My experience with forex trading is not complete. Because of which I never prefer Forex. I have been involved in trading for the past few years. I am earning based on this trading so I am giving this trading the highest priority. But I am very curious to know about forex. Hope to gain experience from forex trading platform one day.

[Woodie]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?


Thank you.

Well one of the advantages Forex has is it has been out there for years and people have been able to find the best algorithm to trade it unlike crypto which is still new on the market and people are still trying to decipher  it's trading pattern....

And when it comes to choosing between the two, forex can be best traded when their Is volatility like during market open like the New York Open,or London Open unlike crypto which reacts to current news happenings without any pattern to follow... honestly it's all about preference at the end of it.

[Peanutswar]

It depends where you are confident to make a trsde actually they are both good to make a position but in crypto we know how does the market of it too much volatile so better always keep an eye and make a trading plan with your next coming move. I've been trading crypto for over a year and I have a good ride of it so I stick with it because I do a quick scalp and I do forex too for a long term trsding.

[Chilwell]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?

Thank you.

The advantages I see in forex if your analysis are correct and the market then favour you, it will make you rich but it disadvantage is that you will notice that the market is not in your favour and you will not be able to anything and you will lose everything

Crypto have less risk than forex. The disadvantage I see in crypto is that you will purchase a coin which you plan to hold for along time and the end the coin will end up useless. The advantages is that is required patient, and you can control it yourself that's if it get higher you can sell it by yourself

[cute nmp]

I personally prefer trading the crypto-market it is much easier and simpler to trade than the forex market.The forex market has lots of manipulation which results in a lots of loss while on the other hand the crypto-market is still new and not that manipulated and one can manage to make consistent profits from it.