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Author Topic: Which will be profitable? Crypto Currency Trading or Forex Trading?  (Read 28894 times)

Offline Papa Bear

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #120 on: June 21, 2021, 08:47:12 AM »
It depends on the level of information about each and how to deal with it. In all fairness, unlike forex, crypto doesn't require any kind of technical knowledge to participate. In fact, after a thorough technical assessment, you can buy and hold tokens for years or months, and you win as soon as the token or coin goes up. However, in Forex trading, you need to find a way to deal with the risk of making a profit. A cryptocurrency, token or asset can grow by several percent per day and bring you significant profits, but this is not always possible when trading Forex. In general, Cryptocurrency is less complex and more secure than in Forex.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #120 on: June 21, 2021, 08:47:12 AM »

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Offline Oshosondy

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #121 on: June 21, 2021, 10:20:07 AM »
It depends on the level of information about each and how to deal with it. In all fairness, unlike forex, crypto doesn't require any kind of technical knowledge to participate.
You are right, but speaking of trading, but crypto and forex require much technical knowledge, trading is also risky. Both crypto and forex trading are riksy, especially the leverage trading in which you borrow money to trade, and the higher the leverage The higher the risk. Some people may prefer forex, while some prefer crypto trading.

Offline elbans89

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #122 on: December 08, 2021, 10:53:52 AM »
Crypto Trading is more profitable than anything in the world.None of the pairs in the Forex market has gone up 120% in the past year but bitcoin has.
none of the Forex market pairs can even go up 200-500% in 3 days but altcoins can. it is depend on your experience. if you can find these things before hand and take advantage of the situation then you make profit if not you lose money.
if you make more profit with Forex then do that, if you make more with crypto currencies then trade them. it is based on the person who is trading and the experience they have in the said markets. What is your experience about it?

In my opinion, I think crypto currency is more profitable than for X trading.
Crypto is the future currency and will have good popularity at the next several years again.
We all see crypto currency gain popularity and will increase at the coming year.
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #123 on: December 08, 2021, 04:44:45 PM »
IMHO, I guess cryptocurrency trading is more profitable compared to Forex, that's why cryptocurrency investment is very attractive compared to stocks and forex. While the cryptocurrency investment although it's a high-risk kind of investment but if you do it right, I guess that risk can be minimized and can be turned into a profit. just make sure that you are aware of the do's and don't while you are in the crypto investment space. 

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #124 on: December 08, 2021, 05:19:22 PM »
Until now, cryptocurrency trading can of course be the best and smartest choice because it can provide a lot of profit and of course traditional trading will not make your assets disappear, in contrast to forex which has a gambling background so that your assets can be lost instantly when you take the wrong position. .

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #125 on: December 08, 2021, 05:44:45 PM »
Of course, it is profitable to trade cryptocurrencies now, even forex traders trade cryptocurrencies, because it is very profitable. Everyone already understands that the cryptocurrency market has a very high volatility of the market where you can make good money.
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #126 on: December 09, 2021, 08:33:08 AM »
In my opinion, trading in cryptocurrencies can of course provide many advantages and of course it is safer because cryptocurrency has very clear price movements, cryptocurrency has a price from a product that can be used to buy something you want, whereas in forex it will never be like that. That's because forex is gambling based.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #126 on: December 09, 2021, 08:33:08 AM »


Offline pacar_tiri

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #127 on: December 10, 2021, 04:32:32 PM »
In my opinion, trading in cryptocurrencies can of course provide many advantages and of course it is safer because cryptocurrency has very clear price movements, cryptocurrency has a price from a product that can be used to buy something you want, whereas in forex it will never be like that. That's because forex is gambling based.

I think bitcoin and crypto are more profitable than Forex.
I don't agree, If you think Forex is gambling based.
Every investment we should have know ledge about our assets.
I believe Forex is also good investment,but crypto is better.

Offline hobo66

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #128 on: January 01, 2022, 07:39:41 PM »
Cryptocurrency trading is very awesome way to get and make income. As i am involve in crypto trading then in my opinion crypto trading is something highly advantageous. But the thing which matters a lot is your interest and your focus that in which technique you are more interested. The thing which you can realize better can also be good for you.
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Offline dekafee79

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #129 on: January 01, 2022, 08:56:45 PM »
Crypto Trading is more profitable than anything in the world.None of the pairs in the Forex market has gone up 120% in the past year but bitcoin has.
none of the Forex market pairs can even go up 200-500% in 3 days but altcoins can. it is depend on your experience. if you can find these things before hand and take advantage of the situation then you make profit if not you lose money.
if you make more profit with Forex then do that, if you make more with crypto currencies then trade them. it is based on the person who is trading and the experience they have in the said markets. What is your experience about it?

I think crypto currency trading is more profitable than Forex trading.
I see many Forex investors started to invest in crypto currency.
So , I think It's the reason why crypto is more potential.

Offline BrainMan

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #130 on: January 01, 2022, 09:22:57 PM »
Just like every investment, crypto also requires adequate knowledge about trends and feasibility, but in all you have to understand how things really work to venture. It's very easy for someone with considerably huge funds to become a whale if you do it rightly with adequate knowledge about the crypto game. You don't do that by just having the funds, you need to learn as well. In my experience while learning about crypto with Bitay academy, I have realized you move faster if you have enough funds to DCA and strategically trade with core focus and invest in cryptos with good use cases. Bitay coin would be launching soon and this would definitely make Bitay exchange to be more popular; already a leading cryptocurrency exchange in Turkey with over 700, 000 KYC users and over $550m daily trading volume. Bitay is not only the best platform to learn more about crypto depth right now, but also an emerging crypto investment plug. Bitay game, NFT, Bitay visa card also on the highway lined up for 2022. Keep an eye on it imo

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #131 on: January 05, 2022, 01:43:06 PM »
You can literally buy and hold a token for several years and months after careful technical analysis and once the token or coin increases in value, you make your profits. But in forex, you must learn how to trade to stand any chance of making gains. In crypto, a token or asset can increase several percent overnight and make you some serious gains but it isn't possible with forex.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #132 on: January 05, 2022, 05:39:28 PM »
in crypto even a novice can buy a coin,  and if its dump against his will all he needs do is to hodl, especially if it is a good project. But forex is a trade of professionals, in forex your entire account may get liquidated on a single bad trade.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #133 on: January 05, 2022, 11:33:43 PM »
I think cryptocurrency trading is more profitable and can provide comfort when trading, no need to be afraid of losing assets because the forex and cryptocurrency trading systems are very different, forex is gambling trading while cryptocurrencies have traditional trading options only to buy and sell.
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Offline gulu_khan

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    500 Posts Quick Poster Second year Anniversary
Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #134 on: January 06, 2022, 05:14:07 AM »
I didn't have experience in forex trading, I am using only crypto trading. so in my opinion if you choose platform then before start you have to learn first then think about earn. Otherwise it make you sad..

 

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