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Author Topic: Which will be profitable? Crypto Currency Trading or Forex Trading?  (Read 28939 times)

Offline Arkann

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #105 on: April 24, 2021, 04:47:50 PM »
I know from the start about Forex trading, but ever since I never try to trade on this platform because I know that there is a high risk waiting for me, I have zero knowledge about it. While in crypto trading I am much comfortable doing trade here, besides I had been here for a couple of years and so far so good actually.
I also tried forex trading several times, even before I met cryptocurrency, and I can definitely say that cryptocurrency trading is available to everyone, and Only a select few get good results on Forex.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #105 on: April 24, 2021, 04:47:50 PM »

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Offline bitgooods

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #106 on: April 27, 2021, 11:30:40 AM »
As for me, it's definitely a crypto.

Decentralization. Incomparably greater profit than forex. the potential for money making is unlimited. Even minimal investment allows you to get a good income. High level of protection.

of course the forex market is more stable, but there is less interest and drive  :D

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #107 on: April 27, 2021, 08:40:27 PM »
Compared to Forex, crypto market has more opportunities, looking at the price movements x2 in one day is clear. However, the risk is also greater when manipulation of the whale is very great. The Forex market is less profitable but due to the very large volume of transactions, manipulation is negligible in this market, most of the fluctuations come from news sources about the economic situation of each country.
Participating in the Forex market is more complicated than crypto, so I chose crypto. Anyway I have been in this market for 4 years and am able to learn more about crypto.
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Offline smrityirany

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #108 on: April 30, 2021, 05:34:43 PM »
Crypto currency market is very volatile and risky; but if you have knowledge about the marketing strategy and you are experienced enough to understand the ups and down situation of the crypto market; then you can gain a large profit . That is not possible in any other forum. on the other hand forex trading also risky ; if you are  very professional you can gain but not equal to crypto currency.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #109 on: May 01, 2021, 03:10:16 AM »
The cryptocurrency industry is still in its early stages; it is an extremely competitive market with wide price fluctuations between coins exchanged on exchange floors. As a result, seasoned traders who can read the markets and accurately forecast price activity can make very large returns from these price fluctuations.

The types of gains reported in the cryptocurrency markets by ordinary crypto traders outnumber the gains obtained in the forex markets hundreds of thousands of times.

While profits in the forex industry are estimated in pips and computed in decimals to the third, fourth, or fifth decimal place, profits in the cryptocurrency market are calculated in full integers... This means that if $100,000 is required to make $1,000 in forex trading, $10,000 is required to make the same $1,000 in cryptocurrency trading.
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Offline layoutph

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #110 on: May 01, 2021, 05:50:15 AM »
Forex can give you much faster profit but you must use leverage. Leverage can also make your account liquidated. Use further caution.

Offline mahid

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #111 on: May 01, 2021, 06:31:07 PM »
Crypto and forex both are very much popular in the trading platform. Crypto trading, just like forex, involves trading currencies. However, the forex market is larger and well-established while the crypto market is relatively a new player to the scene. Forex involves middlemen, brokers and various other institutions that usually collect fees at almost every step of the trading process. However, in crypto trading, there’s no middleman and that’s probably the biggest draws to it. However I like crypto trading due to it’s some advantages such as potential for higher returns, lowers fees, easy entire and exit in the market and substantial daily trading and volatility spikes condition.
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #111 on: May 01, 2021, 06:31:07 PM »


Offline Anonylz

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #112 on: May 04, 2021, 06:40:24 PM »
Forex can give you much faster profit but you must use leverage. Leverage can also make your account liquidated. Use further caution.
If it is because if leverage, you can trade that too trading cryptocurrency futures where you can us leverage to increase your profit and like you said, it can result in a big loss too but in general, cryptocurrency gives you a better opportunity to earn with even a much lesser amount of investment.

Offline Lokeloke

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #113 on: May 05, 2021, 12:34:23 PM »
I always encourage people to pick the one that work for them between forex and Crypto, the truth is that the two are lucrative and at the same time prone to loosing funds but one need to find the one they are good at and focus, although I've seen some people combining the two and it's working perfectly
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #114 on: May 24, 2021, 09:16:53 PM »
The both are profitable but depends on the person who trades, if you are good enough in crypto trading surely you will make insane gains and same as a person trading forest, but I can boldly tell you that trading forest is much more risky than trading crypto, in crypto you can just buy coins and keep when it rises you sell even without having knowledge of technical analysis but in forest there is no such thing.

Offline neocrypto90

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #115 on: May 25, 2021, 05:00:29 AM »
Well, Forex trading is less volatile than crypto trading, but crypto trading is in my opinion more profitable because of it's volatility, only in crypto you can make 10 to 100 times your money for example.

Offline Limabd

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #116 on: June 19, 2021, 04:44:27 PM »
The crypto market is a much better market. From which a lot can be gained through business and investment. But you have to have a lot of knowledge and experience about investing in business. Then you will benefit a lot from here. Forex trending on the other hand is also good but you can achieve something but not equal to crypto currency.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #117 on: June 20, 2021, 07:13:30 AM »
I traded both. They each have their own benefits. Forex is its liquidity and volatility. Crypto being it has larger swings with economic news but becoming less volatile. Both can be profitable with the proper education.

Offline joluolouyt

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #118 on: June 20, 2021, 07:30:52 PM »
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Offline shadowdio

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #119 on: June 21, 2021, 06:53:57 AM »
I never try to do forex trading because it would be long to make profit and low earnings but less volatility I think.. I prefer Crypto Trading because of course you can make double or triple profit once the market will go bullish but so risky in crypto some of them will go scam, better to DYOR first..
« Last Edit: June 21, 2021, 06:56:56 AM by shadowdio »

 

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