Which is better trading cryptocurrency or forex?

[Rruchi man]

I would like to know anybody's opinions about this.

They are both good. They are just options in trading, and the choice of which to do depends on your interest. Everyone cannot be a forex trader or a crypto trader. Forex trading will be easier for some people to really understand and make money from, while others will find ease with cryptocurrency. In whichever of the trade that you find easy to understand, keep up with it because if everyone is a crypto trader, who will trade forex? There is an equilibrium between the people who like either of the options. Choose where to belong.

[Lanatsa]

I would like to know anybody's opinions about this.

FOREX
- Low volatility
- 5/7 Market hours
- Highly reactive about economic events.

CRYPTOCURRENCIES
-High volatility
-High Risk:Reward ratio
-Unpredictable
-Not that highly reactive to fundamentals or news

You could really be able to determine right away about centralized and decentralized market on which you would be mainly be able to observe it out
specially on volatility aspect on which this is the main thing on why people are really that interested into it. Even myself was a previous Forex trader
but what makes me to transfer into crypto field is into that possibility on making big profits in a short period of time but which of course just like been mentioned earlier
that you could potentially lose bigtime as well.

Everything would really be that according into your risks management when it comes into this aspect on which you would really be needing up to be careful on what you are dealing with.
You cant really just that trade as if there's no application for some analysis. If you are a Forex trader and would really be making out some transfers to crypto
then you would really be able to notice right away about its differences.

[EL MOHA]

FOREX
- Low volatility
- 5/7 Market hours
- Highly reactive about economic events.

CRYPTOCURRENCIES
-High volatility
-High Risk:Reward ratio
-Unpredictable
-Not that highly reactive to fundamentals or news

Low volatility is actually just too emphasized on this forex of a thing, if you look at some pairs I think they have high volatility just they that the number when compared to that of cryptocurrency is not that high. Also forex trading isn’t done on weekends which is also a turn off, the unpredictability of cryptocurrency is also associated with forex it also unpredictable if not every trader would have been trading and making profits from it without losing.

The fundamentals has impact on both markets it only depends on which type of news is broke out. Bitcoin reacts to any positive news or negative news associated with the economy just like the forex market. The both market actually aren’t much of a difference to me just once perspective of it

[Jegileman]

I would like to know anybody's opinions about this.

FOREX
- Low volatility
- 5/7 Market hours
- Highly reactive about economic events.

Low volatility in forex is not general because there are some pairs that are highly volatile while some are not. Upon the volatile nature of them, it still depends on the lots size you want to use for a particular pair even after finding out how volatile the pair could be. Forex is very large and their are some market pairs that don’t stick to hours of the market and can trade at anytime, such pairs don’t even react to news.

The fundamentals has impact on both markets it only depends on which type of news is broke out. Bitcoin reacts to any positive news or negative news associated with the economy just like the forex market. The both market actually aren’t much of a difference to me just once perspective of it

Similarities between the two are much and when you’re able to find an advantage of one over the other and it suits your own interests, you can just stick to one of them and learn to become better in it. Both of the markets are profitable and also have their own losses whether news or no news. The most profitable ones are the knowledgeable ones about them.

[Woodie]

Tbh I think they are pretty much the same with a few variations such as Forex has assets that are run by centralised entities why for crypto we are know it's decentralised.. despite a few people trying to play the politics and trying to assume they can control it.

As of trading these two assets on the charts, well let's just say if you know your strategy you can easily apply it on them provided you know when they are more likely to be volatile (markets moving not ranging around).

But personally I prefer to trade Forex(EU) because brokers I use have better leverage, like the volatility during news and Forex is simply predictable.

[EarnOnVictor]

I would like to know anybody's opinions about this.

My experience shows that both Forex and Crypto trading are risky but can be filtered as the two classes are associated with their varied degree of risk. By Forex, I combine all traditional assets including Gold, that's the general way of viewing this in the traditional offering. If it's currency trading, it's too risky but the major pair are still better. However, despite the huge volatility, I prefer Gold, Index and Stock trading in this category.

As for cryptocurrency, the risk of each asset is associated with volatility and liquidity. The more the liquidity, the less manipulation you would witness, so I've seen the trading of Bitcoin and Ethereum as better reasonable in crypto trading.

Now, in both categories, I further choose Gold and Bitcoin, while Gold earns me more money with higher risk, Bitcoin earns me money with lesser risk.

[Iranus]

Tbh I think they are pretty much the same with a few variations such as Forex has assets that are run by centralised entities why for crypto we are know it's decentralised.. despite a few people trying to play the politics and trying to assume they can control it.

As of trading these two assets on the charts, well let's just say if you know your strategy you can easily apply it on them provided you know when they are more likely to be volatile (markets moving not ranging around).

But personally I prefer to trade Forex(EU) because brokers I use have better leverage, like the volatility during news and Forex is simply predictable.

Cryptocurrencies are not decentralized, only Bitcoin is decentralized but Bitcoin price can still be manipulated by centralized organizations. Don't be naive to think that bitcoin prices cannot be manipulated when most of them are still traded on centralized exchanges and its market cap is too small to say that it cannot be manipulated. When it comes to finance, every market can be manipulated.

Forex is predictable because it is less manipulated and we have more data to analyze and predict. Meanwhile, the cryptocurrency market is very volatile, a small unverified news can also cause the market to fluctuate, making analysis much more difficult.

[Hatchy]

I would like to know anybody's opinions about this.

Do you mean better or which is more profitable? To me, it depends on which market you have more knowledge, practice and experience on. For crypto, I just buy my coins and hodl for long term profits. Cryptocurrency are very volatile and trading them requires enough knowledge on different things like the total market volumes, the rate at which investors are interested in such coins so you don't end up trading the wrong coin. As for forex though they literally are same thing since you still have to understand the market pair which you which to trade and it's past movement patterns. Forex is more profitable in the short term and with good knowledge on how to predict the market you can make good profits compared to that of crypto market.

[NicNacCoin]

I would like to know anybody's opinions about this.

Cryptocurrency trading is basically full of volatility any time the market can hold any situation but even if the volatility is full the profit is high if trading is done wisely. Forex trading on the other hand has very low volatility as there is no volatility so the profit margin is very low. You may not be guaranteed to lose money from forex trading but you are guaranteed to lose money from cryptocurrency. All things considered, forex trading is safer than crypto trading.

[shawonngp]

I would like to know anybody's opinions about this.

Both of better if you will learn, If i am crypto familiar so crypto is comfortable to me and if someone involved in forex then it's the best platform to him.
Cryptocurrency trading is easier to me than forex because i can trading at anytime and if want to hold it if i see lose is confirmed and i need to keep holding to recover my loses also this is possible but in forex it's can not be possible.

[Lakai01]

Cryptocurrency trading is easier to me than forex because i can trading at anytime and if want to hold it if i see lose is confirmed and i need to keep holding to recover my loses also this is possible but in forex it's can not be possible.

In my opinion, that's not true at all - why should it be?

For a trader, it doesn't matter which asset you trade, be it gold, real estate, stones, cryptos or forex. The exchanges all offer leverage if you think you have to lose your money even faster than you already do.

@OP
It doesn't matter whether you trade forex or crypto as long as we're not talking about 9-digit millions here. In my opinion, no crypto exchange offers that. As long as you are below that and know how (and in which situations!) to use leverage, it simply makes no difference.

[el kaka22]

I prefer cryptocurrency by a mile because you do not have to do leverage, if you just focus on leverage at crypto then it will be very risky, but if you focus on just spot trading or long term investment even, then it's clear which one wins.

I understand that leverage is a quick way to make money and a lot of people do not have much to risk, so they want to risk small amounts, because even a fifty bucks could be a thousand dollars with leverage if you play your cards right and could change many peoples lives if they do that. But at the same time, we are talking about losing everything you have, and there is no reason to do something like that, forex is exactly like that, you lose it all and there is no reason to take that risk.

[Mahanton]

I would like to know anybody's opinions about this.

Do you mean better or which is more profitable? To me, it depends on which market you have more knowledge, practice and experience on. For crypto, I just buy my coins and hodl for long term profits. Cryptocurrency are very volatile and trading them requires enough knowledge on different things like the total market volumes, the rate at which investors are interested in such coins so you don't end up trading the wrong coin. As for forex though they literally are same thing since you still have to understand the market pair which you which to trade and it's past movement patterns. Forex is more profitable in the short term and with good knowledge on how to predict the market you can make good profits compared to that of crypto market.

Yes, it would really be that all depending on how well you do make up those trades whether you would really be doing or involving with Forex or with crypto trading because we do know that when it comes into this aspect then it called a market since theres really that a movement on price on which you could really be able to make money if you do really just know on what you are doing. The most common problem on here is that there are those forex traders who are really that finding for the market to be boring since when it comes to profitability compared to crypto then you could really be able to differentiate it out. The only thing matter most on here is on how well you do make those trades because you would really be that still profitable when you are dealing with Forex and i have seen some of my friends which are traders who are dealing with stocks and forex
on which they are living a life on which they could be able to sustain themselves with trading profits.

The most important thing on here is on how you would really be that properly be able to deal up in between markets because if you do really know on how to play with those movements then it wont really matter that much on what market you would really be tending to deal with. When it comes to analysis and tools being used then it would really be just that all the same because indicators and other similar things will really be just that the same.There would really be some differences but not really that much as a whole.

[Franctoshi]

I would like to know anybody's opinions about this.

A similar question has been asked and answered a year ago. Refer to this - https://bitcointalk.org/index.php?topic=5450047.0

Which is better depends on many factors
Interest - I am more interested in crypto trading than in trading forex. So definitely crypto for me.

Secondly, crypto is easier as I can even decide not to trade and hold and when the value appreciates I make money. In forex, you must trade and that's it. There's no holding.

Lastly, I will say not to limit yourself. You can learn both and do both if that's what you want. Despite being similar they have their own unique differences that stands them out.

Op Just as @Davidvictorson has referred you to the previously discussed thread on this topic, between the two, it all depends on which one you that suits you or the one to your better understanding, but what you have to know is that crypto trading is better off for newbies into the digital world to begin with, whereas forex is for professionals and experienced, So meaning you can as well go into forex when you must have gotten much of experience.

[Sim_card]

I prefer to trade on cryptocurrency because due to her volatile nature you can make huge profit when there is a high pump in the market. Forex is stable and the risk is limited but if you are a professional trader in crypto, you will make huge amount of profit from the market. However, they differ from one another and both have their pros and cons. It depend on the individual involved.

[khiholangkang]

I prefer to trade on cryptocurrency because due to her volatile nature you can make huge profit when there is a high pump in the market. Forex is stable and the risk is limited but if you are a professional trader in crypto, you will make huge amount of profit from the market. However, they differ from one another and both have their pros and cons. It depend on the individual involved.

Everything depends on the level of ability of each if I look neutrally, speaking of profit in the context of business or work, someone who has the ability to be an expert in his field will definitely get a very large profit in his own way, speaking of fluctuations and also the stability of price movements will be a pearl for someone who is good at both forex and crypto, because for me personally it is more profitable to trade Crypto because I am familiar with the market and know how to see opportunities to get big profits, if my calculations are appropriate, because we know that the crypto market is always sensitive to global news that affects the market.

[Webetcoins]

I prefer to trade on cryptocurrency because due to her volatile nature you can make huge profit when there is a high pump in the market. Forex is stable and the risk is limited but if you are a professional trader in crypto, you will make huge amount of profit from the market. However, they differ from one another and both have their pros and cons. It depend on the individual involved.

Many members already mentioned this with its own choice as few love to stay in crypto and many love to go through with forex even we have many those are involved in both trading we have to understand few things before jumping into this which is suitable and good for us and how can we manage this few years back we have stock exchange and forex now we have forex and crypto mean few things are going to stay with time will bring changes for us as well its on person how he is going to use this opportunity and having better profit.

Everything depends on the level of ability of each if I look neutrally, speaking of profit in the context of business or work, someone who has the ability to be an expert in his field will definitely get a very large profit in his own way, speaking of fluctuations and also the stability of price movements will be a pearl for someone who is good at both forex and crypto, because for me personally it is more profitable to trade Crypto because I am familiar with the market and know how to see opportunities to get big profits, if my calculations are appropriate, because we know that the crypto market is always sensitive to global news that affects the market.

No doubt every person understand about his own interest and ability with he can do ahead with things which are giving him better results even both forex and crypto are having huge risks and many fundamentals are same but still many are felt better in crypto because it's really having good fun to enter this and start things which will give good profit and developed things around us but before entering into this we have to understand basic things about this because without this we can't go ahead if we have all related knowledge and understand risk management then we can use things much better and useful way instead of having mess-up and going without any preferred strategy and update about this.

[AYOBA]

Everyone with his own decision and it still depends on the ability of which you’re good to go for is not that I have try any of them, if I might want to try any of them how like to go for trading cryptocurrency even thought is also involved of the much risks; but it will more better then forex according to how some peoples that are been into the game for the long time saying is not that difficult and the risks is also not that much but the enough knowledge is the matter.

[Adiepretty]

thank you for referring me to a link similar to my post. i am somewhat knowledgeable about the rules in this forum and i know that i should look up first whether someone has already posted something similar to my question. but my problem is whenever i would try to search something from the search bar, nothing would show up. if something would to show up, the results wont be related to my search. i dont know if the problem is from my computer or its a problem here in bitcointalk. also if someone had already posted something similar to my post, should i delete that post?

Yeah, I understand what you mean. I hope you didn't take my first sentence the wrong way. I just needed to point it out and not shut you down.  Okay, so I had the same issues when I registered on the forum and was still learning how things worked. I noticed that whenever I used the search bar on the top right corner of the screen, the results where the as what you have explained. But then I discovered that there was another search at the top left side of the screen. And this one gave the expected results. Have you tried it?

Thank you. I just took your first sentence as maybe a warning that I should follow the rules. I want to keep this community as best it could be and I could do that by following the rules. I think I have read that I shouldn't post something that someone has already posted that's why I asked if I should delete a post if someone has already posted something similar to it.

I have not tried it and I can't really see another search bar other than the one on the right. I'm using both PC and a mobile phone and I can't see it on both devices. I would really appreciate it if you could show me a screenshot.

[ndutndut]

I would like to know anybody's opinions about this.

Actually choosing between crypto and forex is like choosing our favorite food, because both have their own advantages and risks. However, if you don't like high risks, maybe Forex could be an option, because forex tends to be more stable than crypto which can go up and down crazily, in essence it all depends on your ability to master both.

Because in terms of risk, it can be said to be the same even though crypto is higher. Forex can make you lose in a short time. In terms of profit, it is different, you can also get very large and fast profits. Likewise with crypto you will get very large and long profits, and vice versa.

What is clear is that it all depends on your capital, strategy, and psychological mentality in choosing between the two. because basically any investment that is most profitable is an investment that you understand and you also master the skills. If your abilities are more dominant in crypto, then choose crypto. However, if you are the type of person who doesn't like big risks, you should avoid both transactions.