Crypto or Forex?

[Cryptomultiplier]

Both are profitable and risky at the same time, although crypto pairs are much simpler to trade Forex has more movement and volatility making it fast to to take profit or vise versa, while crypto takes a long period of time to go in any direction. One just has to pick the one that suit him best considering which one brings in more profits and less looses.

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

People often use one technology of earning and if new arises then they change their preference and adapt themselves according to the profit and ease. I think that cryptocurrency trading is more profitable than forex trading and is returning greater amount than forex trading. Also it seems that in future crypto will attain much higher value and will prove to be one of the best earning technology but one should learn everything before entering into the market.

Both crypto and forex have their distinction and benefits, else both are trading but the strategies employed and rewards system varies.
We have more Bitcoin or cryptocurrencies investors today because of the ease at which one trades the local currency to BTC/ crypto and use for payments or transactions or investment purposes.
Forex is more adept to Fiat currencies trading and although charges apply to both, I would prefer the idea of taking advantage of the benefits of cryptocurrency now and in the future, while forex maybe reserved as a retirement study or hubby, should it gain popularity sometime in the future like BTC.

[1714828068]

1714828068

[1714828068]

1714828068

[1714828068]

1714828068

[mvdheuvel1983]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

[CODE200]

I've traded using both, and saw less success in Forex, but only perhaps cause it's not really my cup of tea. 

As with everyone who tried forex trading in this forum, I can attest when they say that compared to bitcoin or crypto trading, it's way faster and more dynamic, as small price changes can literally mean the life or death of your whole bankroll. So you can't really do HODL or long hauls in the forex world. Crypto's a little more forgiving in this sense, since you can hold for as long as you like and only cash out during bull runs, which means you always have a pretty good opportunity to earn money regardless of the situation. In any case, I don't think one's better than the other in this situation, but at the very least we know what people will choose.

[Xampeuu]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

In fact, the analysis of both is the same in reading candles, or technical analysis, the difference is that cryptocurrency will have higher fluctuations than in Forex. On the other hand, when choosing a pair for trading in Crypto, I only use Bitcoin, but not altcoins because they are prone to manipulation, especially for new projects, of course the analysis will not work. However, it really depends on each individual who is more comfortable trading, whether forex or crypto

[MIner1448]

Cryptocurrencies offer the benefits of decentralization and transparency, but come with high volatility and limited regulation. Forex provides asset diversity and liquidity, but requires experience and is subject to central bank intervention. The choice between them depends on the investor’s preferences and goals. I think everyone here on the forum will prefer cryptocurrency

[carlfebz2]

Both are profitable and risky at the same time, although crypto pairs are much simpler to trade Forex has more movement and volatility making it fast to to take profit or vise versa, while crypto takes a long period of time to go in any direction. One just has to pick the one that suit him best considering which one brings in more profits and less looses.

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

People often use one technology of earning and if new arises then they change their preference and adapt themselves according to the profit and ease. I think that cryptocurrency trading is more profitable than forex trading and is returning greater amount than forex trading. Also it seems that in future crypto will attain much higher value and will prove to be one of the best earning technology but one should learn everything before entering into the market.

Both crypto and forex have their distinction and benefits, else both are trading but the strategies employed and rewards system varies.
We have more Bitcoin or cryptocurrencies investors today because of the ease at which one trades the local currency to BTC/ crypto and use for payments or transactions or investment purposes.
Forex is more adept to Fiat currencies trading and although charges apply to both, I would prefer the idea of taking advantage of the benefits of cryptocurrency now and in the future, while forex maybe reserved as a retirement study or hubby, should it gain popularity sometime in the future like BTC.

We could really be able to distinguish right away on the time that we've been trying out to deal both things or making up some comparison on which you would really be able to eventually be able to spot on
specially the volatility of both markets on which we know that they do have that heaven and earth kind of difference on which we know that crypto does really have that volatility that someone couldn't really be that easily be handled out.Yes, its really that risky but its not something that would be meaning about having that sure loss, once you do able to find yourself that effective within this market then making
money or profits wont really be that an issue.

If you do really like to play or trade on a place on which you would really be having those less movements or less risky then Forex would be your choice but if you do love to challenge yourself on dealing
up with something that is risky but really that rewarding then Crypto would be your choice. It all matters on someones preference and choice because when it comes to risks appetite
then each person does have their own levels of it or something that do speak about tolerance on which not all would really be that able to deal with volatile prices in crypto and not
all does preferred that sluggishness of Forex market. It would be always boils down with your own choice.

[Bushdark]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

For a person that was once a forex trader, going into crypto trading would be more easy and effortless like someone that is just starting there trading journey. Those that know about the risk of trading would always calm down and analyse the market before trading.
The forex market is more difficult to analyze compared to the Crypto market where the whales can always pump and dump a coin depending on how much they intend to make from the project.

[TelolettOm]

Cryptocurrencies offer the benefits of decentralization and transparency, but come with high volatility and limited regulation. Forex provides asset diversity and liquidity, but requires experience and is subject to central bank intervention. The choice between them depends on the investor’s preferences and goals. I think everyone here on the forum will prefer cryptocurrency

Yes, actually both have their own benefits and risks or drawbacks. And it will also depend on each individual in optimizing their trading. But for me, I will prefer to definitely crypto. The main reason is because he is focused on the crypto world and has never traded forex. So you really understand things related to crypto more than forex. In fact, both crypto and forex are equally risky. It's just a matter of how we manage this risk. And optimize it to make a profit. As long as we can optimally learn and understand what we are trading, the results will be significant and sustainable.

For a person that was once a forex trader, going into crypto trading would be more easy and effortless like someone that is just starting there trading journey. Those that know about the risk of trading would always calm down and analyse the market before trading.
The forex market is more difficult to analyze compared to the Crypto market where the whales can always pump and dump a coin depending on how much they intend to make from the project.

I heard that, some forex traders say that it's a little easier in crypto. Not only that, here, they can also do it 24 hours 7 days non-stop without holidays to trade crypto. Regarding market analysis, if someone switches from one to another, at least they already have basic market analysis and indicators. So it might be said that it is easier to adapt compared to beginners who really start from the start.

[gabbie2010]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

Truly you had made some valid point here, crypto market defies technical analysis in most time and I believe it's due to the high volatility compared to forex trading, whenever there is a massive pump in price of crypto possibly due to manipulation by some whales hardly do candlestick patterns work all technical analysis would be rubbished by the sudden surge in the price of that particular crypto, I had been into crypto trading before I have a tough time in crypto trading unlike forex trading, the only period of high volatility in the price of forex trading is during Red news which has a calendar where a trader can avoid trading 30 minutes before and 30 minutes after a Red news, beside that forex candlestick patterns work as well as Technical Analysis.

[Best-mary]

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


Thank you.

Both are good but in crypto, you have different means of earning off trading. You could participate in different activities, get to earn from different coin listings if you know how to play the game well and then their products in different exchanges that elevate people to earn passively while they're off the market like using Smart portfolio bot to earn while you hold your coins in your portfolio, staking and using launchpads

[EarnOnVictor]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

Truly you had made some valid point here, crypto market defies technical analysis in most time and I believe it's due to the high volatility compared to forex trading, whenever there is a massive pump in price of crypto possibly due to manipulation by some whales hardly do candlestick patterns work all technical analysis would be rubbished by the sudden surge in the price of that particular crypto, I had been into crypto trading before I have a tough time in crypto trading unlike forex trading, the only period of high volatility in the price of forex trading is during Red news which has a calendar where a trader can avoid trading 30 minutes before and 30 minutes after a Red news, beside that forex candlestick patterns work as well as Technical Analysis.

If I were to compare Forex and Crypto trading to choose the easier one, I would choose crypto till infinity. Maybe it's because I started from the fundamentals and I'm very experienced in trading. Also, I'm such that limit my crypto trading to only Bitcoin and Ethereum, I don't trade shitcoins, and the reason is because the two are the most liquid of them all, so I don't trade bullshit in the name of cryptocurrency. By this, I can't really say that there is too much distinction between Forex and Crypto as they both behave just as any market behaves with news and technical arrangements on the charts. Only that one has to be more careful with Forex since it is often more volatile while the volatility of Bitcoin and Ethereum are seasonal.

Again, Forex reacts to the normal scheduled news better than Crypto, and Crypto has its special news where it reacts so much as well, which makes the two have their slight difference which traders should easily relate to and plan towards according. Nonetheless, I disagree with the defiance of crypto to technical analysis, any market might refuse to follow the technical pattern, this happens once in a while, which is why it's good to plan your risks with proper management.

And if it is too frequent, you might want to consider changing your tactics/strategy.

[AicecreaME]

Cryptocurrency's volatility is the main reason why it is more profitable than forex trading, however, it is risky as well because of that.

Both are risky, so go with the one you're familiar with and confident to trade. Cryptocurrency is much easier for me to understand than forex, so I believe it depends on a trader's preference. Also, since cryptocurrency is a high risk high reward kind of thing, it is important to make a plan, don't rush, and don't let your emotions take over you or else you'll lose everything.

[shawonngp]

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


Thank you.

I don't know which one is easiest way to make money for the people but i choose crypto because i think you don't need to heavy research in crypto to understand it, where forex is very complex to me when i tried to learn it. Both of risk to trade but personally i'm very familiar with crypto over forex. 

[Kelward]

Both are good and can be profitable but the risks of both are high and the loss can be very similar to gambling. You can choose any that you like but know that both are risky. I have been into crypto trading for years and I know someone that have been into forex for a long time too, just that you need to read very well about how to trade. But as for me I prefer crypto trading while forex traders will choose forex.

These is very important to take note of:

• use the money that is lower than the amount you can afford to lose to start
• use the money that you can afford to lose to trade when you have known about trading already

Both have more similarities than differences, they're both high risk businesses that are very profitable with similar high chances of having loses. So I agree with you that they both have similarities of gambling, because with all the technical analysis, it doesn't stop the chances of losing in their individual trading.

Their major differences is that crypto are decentralized digital currency, that is not owned by any country, while forex is the opposite where the fiat currencies that are paired in trading are the centralized property of different countries. Also crypto can be traded anytime of the day, while forex is only traded on week days, with a closing time everyday.

You made a valid point by giving the advice that we should trade with the amount that we can afford to loose, I believe that the advice is mainly for beginners, who have not perfectly mastered the technicalities of trading. Not so much for professionals who have had experiences of how the market works, they can afford to add to the volume of their trading.

[Richkiedx]

they are just as risky when it comes to crypto because there are many people who manipulate it so it is very volatile forex is very risky because it is also risky but its effect is not that big compared to crypto besides forex you only have time to trade unlike crypto anytime any day can

[Woodie]

Hello,
What are the Advantages and Disadvantages of the Crypto and Forex?

Financial markets have evolved over the years and crypto been the standout market today has it's greatest advantage as these markets aren't controlled by any institution and operate 24/7 365days in a year, unlike the forex markets that have close and open times which also affect the liquidity of the markets if Newyork and London financial
institutions (Banks) close.

Not to mention a disadvantage I find with crypto is that factors that affect Forex like news such as NFP can actually carry weight on crypto but it's never the other way round, so as much as we are excited about ETFs this can't affect the forex market... meaning crypto is a dependant while Forex is independent.

Why should anyone choose Crypto over Forex?

Thank you.

A standout feature is crypto never sleeps, it's available every day all year round!!

Secondly Crypto has plenty of assets to choose from for those trading the crypto markets.

[gunhell16]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

In fact, the analysis of both is the same in reading candles, or technical analysis, the difference is that cryptocurrency will have higher fluctuations than in Forex. On the other hand, when choosing a pair for trading in Crypto, I only use Bitcoin, but not altcoins because they are prone to manipulation, especially for new projects, of course the analysis will not work. However, it really depends on each individual who is more comfortable trading, whether forex or crypto

Yes, it is true that almost the same tools are used in forex and cryptocurrency, and it is also true that we can get profit here depending on the choice we make.

But I also want to tell you that in the world of trading, there is no price movement, no manipulation. That means that even in the bitcoin market there is also manipulation, so I will not agree with you that only in crypto there are manipulations, but instead even in bitcoin trading there is also something like in crypto.

[JayTrain]

I've never tried trading Forex. Perhaps my opinion does not matter without experience. I have formed a strong opinion that if you want something new and widely advanced and, most importantly, dynamically expanding, then this is definitely a cryptocurrency.
It's my personal opinion

[EarnOnVictor]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

In fact, the analysis of both is the same in reading candles, or technical analysis, the difference is that cryptocurrency will have higher fluctuations than in Forex. On the other hand, when choosing a pair for trading in Crypto, I only use Bitcoin, but not altcoins because they are prone to manipulation, especially for new projects, of course the analysis will not work. However, it really depends on each individual who is more comfortable trading, whether forex or crypto

Yes, it is true that almost the same tools are used in forex and cryptocurrency, and it is also true that we can get profit here depending on the choice we make.

But I also want to tell you that in the world of trading, there is no price movement, no manipulation. That means that even in the bitcoin market there is also manipulation, so I will not agree with you that only in crypto there are manipulations, but instead even in bitcoin trading there is also something like in crypto.

It took my patient reading to actually get what you are passing across here but really you are on point on this. The preference lies with the trader of Forex and Cryptocurrency, the two are almost the same thing for me and I trade them both, but to others, they might prefer one over the other, which is cool if that is what's working for them. Now, talking about market manipulation, both markets could be manipulated, only that the manipulation in the crypto space is much and it's even at an alarming state right now. This could only explain why some coins/tokens would just start so dangerously moving suddenly upward in a day without any major events to warrant that, just as they could be dumped in a few hours afterwards. This same thing could also happen to another coin/token elsewhere the next day and it continues like that while whales continue to enrich themselves ignobly this way.

However, if you notice, such manipulations are not happening with Bitcoin and Ethereum for example, this is because manipulations in the market are mainly possible due to low market liquidity. This is not the case of Bitcoin and Ethereum which are more liquid compared to most of the cryptocurrencies. Though the manipulation would still happen at times, it can't be rampant and the effects would never be like those markets with low liquidity.

Also, the Forex market could be well manipulated, in fact, there are banks like Barclays that have been heavily sanctioned for market manipulations, so this is real but not common due to the fear of regulators which cryptocurrency is still lacking in most jurisdictions. But still, during holidays when many countries' markets have closed or major markets like that of the US are closed, most manipulation happens in the FX market during this period.

[Bushdark]

Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.

If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex.

The most important thing we need to do is to understand which one is best for us. There are people who trade both the forex and Crypto market which is not good way to tarde. We need to look for a trade that we are good in that would be giving us good outcome than trying to trade randomly when we are still trying to be a good trader and one aspects. This ethag understand what it takes to tarxe in the market would never bother themselves teuin6ti trade in different markets when we can profits from actually trading in one market.