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Author Topic: Which will be profitable? Crypto Currency Trading or Forex Trading?  (Read 29162 times)

Offline Tanimariya

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #45 on: January 16, 2021, 10:50:08 PM »
Those who invest with a lot of expertise. They make a profit by trading Forex. However, most users benefit by investing in cryptocurrencies. It is possible to make a profit by investing in the cryptocurrency market. However, it is not possible to make a profit without being an expert in forex trading.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #45 on: January 16, 2021, 10:50:08 PM »

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Offline nelson4lov

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #46 on: January 16, 2021, 11:59:38 PM »
I would pick crypto trading over forex trading anytime Anyday, the crypto market has the ability to give you more than 100% in less than an hour  but it's not the same with forex trading, also the forex market is been regulated by the government so no whales can pump or dump a currency its just there, forex traders are just there waiting for 2 to 4 pips while crypto traders are making 200%+ in just one swift move, so it's crypto market for me.
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Offline monig18

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #47 on: January 17, 2021, 03:50:14 AM »
crypto currency trading is more profitable than forex trading. Forex trading is slow and less profitable. In crypto you can earn 1x 2x etc in few days like Bitcoin which has doubled with in one month. Now it is the turn of altcoin which will give more gain in next months.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #48 on: January 17, 2021, 08:49:17 AM »
Forex, being the largest market in the world with a turnover of $6 trillion daily and high liquidity, has the upper hand to cryptocurrency, which is a newcomer in comparison with $10-20 billion on the daily.
Crypto isn’t considered a great medium for investing assets worth billions of dollars due to the enormous fluctuation rates, and that is caused by its low liquidity. Forex has components within it, which allows the user to control their own leverage.
Furthermore, the crypto market is washed with news which may affect trades with an increasing tide of volatility. While Forex has a fixed and in-built currency price, its spread shows the difference between selling and buying prices of the currency.
Forex has a lower transaction cost which leads to a lower commission fee. Nevertheless, what is more profitable to you is upon your own preference and circumstances.

Offline Willitivity1

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #49 on: January 17, 2021, 12:17:58 PM »
Both are very risky and it's up to a trader to decide which of them suits his trading style or strategy, forex and crypto markets are very volatile, but for me crypto has an edge over forex trading, since you trade crypto and in less than a month the capital you used could be  doubled, during bull run the crypto market is always pumping real hard, I doubt if the forex market has a bull run season like the crypto market, so if I'm asking I would go with crypto trading.

Offline H2O

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #50 on: January 18, 2021, 01:31:02 PM »
I don't have enough knowledge about forex trading but I have a little bit knowledge about cryptocurrencies trading. I support cryptocurrencies trading more than forex trading. Forex trading completely depends on signals but cryptocurrencies trading depends on market situations.

Offline Bolopecah

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #51 on: January 24, 2021, 10:08:04 AM »
I haven’t any experience in forex trading. I have experience in cryptocurrency trading and I can say crypto trading can be big profitable.
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #51 on: January 24, 2021, 10:08:04 AM »


Offline Fivestar4everMVP

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #52 on: January 24, 2021, 05:08:17 PM »
Well, I did say am more of an investor than a trader, I've tried both, I've tried crypto trading and I've tried Forex trading and I did categorically say that none is for me, I've always dreamt of becoming a successful crypto trader but I lost on many tries, it always look like the coin or token is waiting for me to enter, and immediately I do, it starts to go down, and in the process of not wanting to tie my money down, I sell at a loss to free my money so I can trade on another coin, and surprisenly, the same thing happens.
I decided I will become an investor after many failed trading attempts, and I think being an investor is the best for me as I don't get high blood pressure anymore.
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Offline Paglamon

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #53 on: January 24, 2021, 07:01:40 PM »
It is possible to make the most profit by trading cryptocurrencies. Because those who have assets in the cryptocurrency market can always profit by trading. Knowledge of the cryptocurrency market is essential for trading. It is possible to profit from the cryptocurrency market by trading regularly. Therefore, the stock exchange is more likely to suffer losses.

Offline Nikawe

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #54 on: January 24, 2021, 11:25:06 PM »
I have no idea and experienced about Forex trading. I am an Bounty's campaigns hunter ,so frequently I bought and sold only bounty campaign rewards and trade on different exchanges.

Offline yetti

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #55 on: January 25, 2021, 04:17:08 AM »
replacing fiat with bitcoin will not give a good idea because so far not everyone understands the use of bitcoin and the supply that bitcoin has is too little it will make it difficult for many people to get and of course the transaction fees will be very expensive.

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Offline EthereumDev_

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #56 on: January 25, 2021, 09:57:06 AM »
when you use both, it might be difficult to get a profit because both of them have different ways of doing good and correct trading, while for safer trading is cryptocurrency because when the price collapses it won't make you lose.

Offline Nikawe

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #57 on: January 25, 2021, 05:08:33 PM »
when you use both, it might be difficult to get a profit because both of them have different ways of doing good and correct trading, while for safer trading is cryptocurrency because when the price collapses it won't make you lose.
You are absolutely right because Forex users support Forex trading because they have better experience on Forex trading but who knows about cryptocurrency trading benefits, he likes crypto currency trading .

Offline mohdelayo

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #58 on: January 25, 2021, 08:47:49 PM »
Both Forex and Cryptocurrency trading are highly profitable, however in Forex only those with huge trading portfolio can make good profit due to the low volatility of the foreign exchange market prices. But in the case of cryptocurrency trading, anyone with as little as 50$ can start trading and be making a reasonable return from their small portfolio due to the high volatility of the cryptocurrencies exchange prices.

Offline Churphans

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #59 on: January 26, 2021, 02:14:00 AM »
Forex trading is a signal based trading system and crypto trading also signals based but it's more profitable than Forex trading. I don't involved in Forex trading because I have no idea and knowledge about Forex trading.

 

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