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Author Topic: Between Forex and Crypto  (Read 38840 times)

Offline jhm

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Re: Between Forex and Crypto
« Reply #30 on: March 11, 2021, 10:09:05 PM »
I personally do not keep up with Forex,
but I often hear stories of my friends who follow Forex, which in essence is both looking for profit,
only, what distinguishes forex from rypto is that crypto prices are more volatile than forex,
and that is also the reason why I still survive in crypto until now.

Generally, I find you need "less" capital for crypto, if you trade (don't trade, please don't)

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Re: Between Forex and Crypto
« Reply #30 on: March 11, 2021, 10:09:05 PM »

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Offline Dreamer

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Re: Between Forex and Crypto
« Reply #31 on: March 18, 2021, 10:36:11 AM »
Absolutely! Both crypto and forex are profitable but they have a big difference, you will need a large capital to earn profit in forex because it with fiat currencies that are not volatile. But cryptocurrencies are volatile and that is why even small traders earn a profit.

Offline Ferki

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Re: Between Forex and Crypto
« Reply #32 on: March 19, 2021, 06:44:34 PM »
Absolutely! Both crypto and forex are profitable but they have a big difference, you will need a large capital to earn profit in forex because it with fiat currencies that are not volatile. But cryptocurrencies are volatile and that is why even small traders earn a profit.

The use of leverage can be helpful if you have little capital available, but is justified, especially in FX trading, with the properties of the relatively low rate fluctuations: Currency rates are usually only subject to minimal fluctuations, sometimes only to the fourth decimal places. These price fluctuations, called pips, are made financially noticeable by the leverage and narrow spreads between buying and selling of your forex broker.

Simply put, if you use a 100x margin you can collect a hundred times as much when you win. But also lose a lot if it goes down.


Offline sakib.bro

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Re: Between Forex and Crypto
« Reply #33 on: April 04, 2021, 02:37:01 PM »
Forex is best as far as i know

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Offline Vir

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Re: Between Forex and Crypto
« Reply #34 on: August 11, 2021, 08:51:47 PM »
Forex is more stable than cryptos. There is more room for analysing the charts and fundamental analysis in forex than in cryptocurrency, so, some people consider forex to be more reliable than cryptos. More than that, forex market is more regulated than cryptocurrencies and there is less scam in forex.

Offline Mikalrajas

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Re: Between Forex and Crypto
« Reply #35 on: September 27, 2021, 10:06:44 PM »
Forex market is more regulated and, from my perspective, easier to predict. Crypto market is very volatile and it is hard to do any thorough technical and fundamental analysis in tight dedlines.

Offline Mikalrajas

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Re: Between Forex and Crypto
« Reply #36 on: October 07, 2021, 07:50:15 PM »
Every asset has its own pecularities and characteristic features. I prefer forex because of the fact that it is well-studied and there are many educational resources wihich are quite trustworthy. Cryptos are less stable and consistent. More than that, it is also hard to understand what cryptos are all about.

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Re: Between Forex and Crypto
« Reply #36 on: October 07, 2021, 07:50:15 PM »


Offline Androrus

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Re: Between Forex and Crypto
« Reply #37 on: October 26, 2021, 05:28:58 PM »
On the one hand, high volatility is good, because you have more opportunities to make profits, however, on the other hand, high volatility can bring about huge losses especially if you were not ready for it. I prefer forex because of the fact that it is more stable and consistent and it is well-studied. There are lots of people worldwide who share their thoughts on trading and it is great to be a part of such a huge community.

Offline teddalpiaz

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Re: Between Forex and Crypto
« Reply #38 on: December 19, 2021, 03:05:48 PM »
I don't think so since crypto usually don't have any option for vanishing but in Forex your money can go to zero so better is crypto trading and to get started FreshForex will be absolutely a great broker.

Offline teddalpiaz

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Re: Between Forex and Crypto
« Reply #39 on: January 23, 2022, 10:09:12 AM »
ACtually both are a money-making machine but in Forex we can make money really quickly so to grab this opportunities we can use FreshForex broker as they are giving facilities to make huge money with a small amount.

Offline teddalpiaz

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Re: Between Forex and Crypto
« Reply #40 on: February 19, 2022, 04:24:53 PM »
As per my view, crypto is much safer than Forex cause there is no vanish system in the crypto industry. To get started trading crypto, especially bitcoin we all can use FreshForex broker as they cut very fees for major pairs.

Offline HeavLeighGill

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Re: Between Forex and Crypto
« Reply #41 on: March 18, 2022, 07:00:53 PM »
I trade forex and crypto, but have a lot more experience in forex than I do with crypto.

Offline antonyyu3

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Re: Between Forex and Crypto
« Reply #42 on: February 28, 2024, 08:45:15 AM »
Trading forex could also be risky too. Since some brokers provide high leverage and that's why many beginners blow their accounts easily.

Offline EluguHcman

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Re: Between Forex and Crypto
« Reply #43 on: March 21, 2024, 01:00:35 PM »
Forex involves trading just like the memcoins would be of such term holding. This means you can be lucky to make huge profits with in these two and you can also be unlucky to lost it all due to the fact that you failed to have a better marketing analysis of it while placed your trades and once you have made a comfortable income, there you are expected to sell out else you may lost it all at the cause accumulating to gain more of profits. So it is basically not fit in to hold longer.

Meanwhile... Bitcoin is said to be an investment which either have the potentials to earn you profits either on a short term or a long term holding and in Bitcoin, it is demanded that the more your holding and accumulating is the more chances to secure more profits you could stand.
So on a norms, they are not fit in to match but only that they are all digital technology assets.

Offline FOKA33

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Re: Between Forex and Crypto
« Reply #44 on: March 24, 2024, 07:34:39 AM »
Based on volatility cryptocurrency leads to substantial gains and also known for its potential for significant losses, thus forex has has a lesser  volatility and it's better for choices of a trader around the globe preferring a more stable and prediction market forex is the best answer to it, based on your risk management and knowing how to analyze chart. Do your research before participating.

 

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