Crypto or Forex?

[MFahad]

Both are full of hazardous situations and from both people are getting profit but in my option crypto is somewhat less risky due to the opportunity to hold and keep the coin for longer time. In forex trading the situation and results are based on sudden decision like that of crypto trading while in investment you don't have to worry about the lower price like that of investment in Bitcoin which you keep holding for longer time because after each down there will always be up after bear season. I didn't see that due to risky conditions someone have left forex or crypto but they find some strategies which will help them to overcome risk and improve the cost of their money.

[Bushdark]

One of the downsides of forex is the high fees and commissions charged by brokers. XGo, on the other hand, offers daily interest on my assets with zero fees.

Many brokers do charge high fees and commissions which is the reason why forex traders most time will not want to end there trades because of the commission they will pay including the fee if they end the trade at early stage. They would want to trade more or wait for the market so that they can get a preferred level when the market will go bullish and appreciat more and at the end they might incurred loses which might have been avoided if they left the trade at an early stage. We all trade for profits and I don't always know when loses will appear.

[milewilda]

One of the downsides of forex is the high fees and commissions charged by brokers. XGo, on the other hand, offers daily interest on my assets with zero fees.

Many brokers do charge high fees and commissions which is the reason why forex traders most time will not want to end there trades because of the commission they will pay including the fee if they end the trade at early stage. They would want to trade more or wait for the market so that they can get a preferred level when the market will go bullish and appreciat more and at the end they might incurred loses which might have been avoided if they left the trade at an early stage. We all trade for profits and I don't always know when loses will appear.

Not that all because there are brokers who do charge less fees like XM and ICmarkets but i  do agree into the point that when it comes to commissions or fees then i do see that crypto market does have lesser.
When it comes to regulation or being that centralized then we know on how Forex is really that tough and strict when it comes to compliance or whatsoever but the main reason on why some of Forex
traders did really choose up crypto over forex is about on the money that they could possibly make out which we arent that blind that volatility is really mainly the difference
among the two.The more volatility of an asset is much more profitable but of course when it comes to risks then it would be an another story.

[cute nmp]

Both market are good and can be very profitable it depends on the strategy you use,the knowledge you have about trading and which market suit you best. I personally don't like trading the forex market it has too much manipulations and most of my losses are from there.I am more consistent with the crypto-market and have make decent profits from it over the years .So I will go with the crypto-market.

[Aanuoluwatofunmi]

Cryptocurrency can come in a forex like dimension but it's not forex trading, though we traded on both but there's little difference from them both, though they also share almost the same pairs of currency but are different coins since some of the forex coin pairs are not cryptocurrency, at the end of the day, the purpose for each one is to make money from what they are trading irrespective of the pairs chosen.

[kingvirtus09]

I am still more comfortable doing trading here in cryptocurrency compared to forex because this is where I became aware and learned to earn online because of my decision to study and learn the things that should be done when I am trading.  Although I also know that you can make money in Forex, it depends on the belief of the investors who come here. So of course for me the crypto market really dominates.

[ultrloa]

Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.

If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.

[tvplus006]

High volatility in the cryptocurrency market is an undeniable advantage over Forex for most traders. And here the important role is played by the fact that with the right investment in a new coin, you have a small chance to still become a millionaire, which in principle is impossible in Forex.

[Twentyonepaylots]

Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.

If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.

This is also what I think, most here (even I) only experienced cryptocurrency trading so the easiness of the process and the volatility of the market would really make them choose cryptocurrency over forex. But based on what I understand about forex trading, it is a trading that is targeted on certain people. It is for those who can settle for low returns as forex is low risk trading. Also, the level of protection through regulations could be deal breaker to some. For me, I would love to experience the forex trading soon, so that I could have an actual experience and review regarding it. But for now, like most of people here, I would also choose cryptocurrency trading as it can yield to higher returns.

[Aikidoka]

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

Crypto and forex are kinda similar but I think they're different in just one thing. The main difference I've noticed so far is that forex prices are not as volatile as the crypto market. Both are risky, but to be honest, I prefer trading with crypto because I feel it's safer for me since I have more knowledge about it than forex. Additionally, I believe long-term investment in crypto is better than forex because I think bitcoin's value will increase significantly in the future. This is less risky than forex because no one can predict exactly what will happen in the distant future.

[|MINER|]

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

If your skill is good in both then both have many advantages for you. But in terms of accessibility, and decentralization, I think crypto currency trading will be better than forex trading. But forex trading is also in good position due to high volume liquidation. Still, I think crypto currency trading is more profitable than forex trading, I will tell you to analyze the two things first and then decide for yourself which one is better for you. To see which one you can perform better in, you can initially do some tests on both

[Flexystar]

Any skilled trader would chose any of the market as long as the trading asset is having enough volume, proper project path and decent future. What else does anyone need in the world of crypto? You can easily get the job done whether it’s day trading, arbitrage or futures-option. The only difference we have in both types is “volatility”. Where crypto is highly volatile, the other assets that is commodities, stocks, shares etc are highly stable. They are stable in terms of controlling power. They take longer time to reach to higher levels but they do it step by step as the market rises for that particular company.

You can imagine all the buzz based on this. However, as I opened up with one statement: it depends on what Are the skills and mastery in the field.

[Lanatsa]

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


Thank you.

Why anyone choses up Crypto over Forex? Then this is mainly of the reasons;

1. Fast profit
2. Too volatile
3. Unregulated
4. Easy deposit/withdrawal

But somehow these advantages does have its own risks equalled which is understandable.This is why some trader do still decide on
staying up on something which is less volatile but it isnt really that bad on making yourself that involved with this two
as long you do know on what you are doing and able to manage up your time well.

[ultrloa]

Expect to receive more crypto selection since you are asking it on a forum where most of the users are using crypto so expect a bias answer and majority would choose crypto over forex trading here.

If you ask this on neutral place for sure you can get different type of answers coming from different people and you can see some reasons why they choose forex and also why they choose crypto.

This is also what I think, most here (even I) only experienced cryptocurrency trading so the easiness of the process and the volatility of the market would really make them choose cryptocurrency over forex. But based on what I understand about forex trading, it is a trading that is targeted on certain people. It is for those who can settle for low returns as forex is low risk trading. Also, the level of protection through regulations could be deal breaker to some. For me, I would love to experience the forex trading soon, so that I could have an actual experience and review regarding it. But for now, like most of people here, I would also choose cryptocurrency trading as it can yield to higher returns.

The volatility of two selection is really different and people choose crypto want fast phase because it can somehow give them good profits compare to forex where the movement is so low, also sometimes it takes time before they can close up their trades and earn a profits from their trades. But same as you I also want to try forex trading soon since having multiple options to trade is really good and who knows we can also get great profits by trading in that category.

[LUCKMCFLY]

I would say that as a market speculator you need to be in both markets, at the moment the best thing is to be as an investor in the Bitcoin market, but only in the bitcoin market, while in the forex market if there is knowledge and if It has a lot of information because it is good to do some taing there, from what I have said in previous comments, that forex has a consolidated volume and it is easier to work like this because you would not be inventing or assuming anything, everything is under a stronger criterion and When the technical analysis is done, the probability of winning increases, but of course this is when you know how to read the volume.

[molsewid]

For me, forex is a more reliable option. Nevertheless, cryptocurrency is too risky option, unpredictable. I don't like that very much.

I know these two trading system I don't know if it is right to call it a system. Crypto is more fun, there's a lot of token and coins to choose from but you need to have a deeper research because not all projects can sustain nor can be profitable in the long run. But you can also try to stick to btc and eth there's no doubt that these are the best, but with Forex though less risky but you can't see the result in a small span and small investment only.

[globalpain]

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


Thank you.

I think the reason is very simple, and that reason is about convenience,
because in crypto currency trading we have a digital wallet and the market is always running 24 hours,
but Forex doesn't have that and the market runs limited, this is why crypto currency is much better than on forex.

[irhact]

Why anyone choses up Crypto over Forex? Then this is mainly of the reasons;

1. Fast profit
2. Too volatile
3. Unregulated
4. Easy deposit/withdrawal

But somehow these advantages does have its own risks equalled which is understandable.This is why some trader do still decide on
staying up on something which is less volatile but it isnt really that bad on making yourself that involved with this two
as long you do know on what you are doing and able to manage up your time well.

Anybody finding it hard to do both and have to choose between them both can use this strategy. In the bull market, you trade cryptocurency but when the bear markets start you switch to trading forex market. One advantage of the forex market is that it doesn't have a good or bad season, you can always make profit any time when you have learnt well.

Cryptocurency and forex has their difference and similarities, there won't be anything bad if you can do the both of them. Cryptocurency trading gives you an advantage to hold the coins you bought but that won't be possible if you're trading the forex market.

[Smartvirus]

There are different risks level in the various fields and if I were to assert between them both as per forex and cryptos, I would say it is more risky to trade foreign than cryptos. Forex don't really depend on the masses but most times, the news that circulates around the stock market, declarations in by the US president, I cam recall Trump had quite an influence, the international monetary firm and more of those.
For cryptocurrency, it is different. The majority that dominates the market gets to decide.

Most of all, there isn't a safe zone in the forex market, there isn't any hodlubg as we've got in the crypto space. You ate either trading and taking high risk chances or not but cryptocurrency gives you that space to hodl and profit in due time so long as, you did choose the right coin.

[el kaka22]

Obviously crypto. Crypto (believe it or not) is safer, because I think spot trading and long term investment is a good idea here. Whereas we are talking about something that would be a bit different and would result in something that could happen to be a bit more risky stuff when we are talking about forex.

After all forex is a quick trading stuff, with high leverage and the results would be something much better. In the end we should not be worried about this comparison or versus because we are in the bitcointalk forum and you shouldn't be shocked to learn that most people here would prefer bitcoin. I love it so much that I am investing every penny I can afford into bitcoin to make a profit in the future.