Altcoins Talks - Cryptocurrency Forum
Further Discussions => Trading (Not crypto) => Topic started by: ayatoslaw on January 29, 2019, 04:35:16 AM
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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.
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I still don't know Forex too much and what are the advantages compared to crypto?
In the meantime, I'm more focused on crypto because it's more promising
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I've chosen crypto once, and I'd do it again. Crypto has more risks, hence more gain possibility. No need to look for forex now.
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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.
What i think is that although forex and crypto both are investment instrument but what differentiate them is crypto is decentralize nature whereas forex is still our fiat nature.
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If we see the all aspects almost both are same but the big difference is forex is fiat in nature and regulating by central bank and crypto has decentralized platform and not regulated by bank. We can earn much more profit in crypto, not in forex.
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it depends on the skills we have because both of them need learning and experience, but I think both are good enough
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Well, the forex is an old way of trading and investing, it is also more complicated than crypto as I think. Forex requires the big volume of the capitals and only certain people may do this. It is different with crypto. The crypto is now a day one of the fastest way to earn. But for now, i may only think of holding the crypto, not as fast as in 2017.
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How can you even compare the currency and the whole direction, which includes various components?
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The main difference lies in the volatility of both assets and of course in the number of investors and the total trading volume.
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If we talk about the difference in the quality of earnings and volume, then everyone understands that at the moment Forex is much more.
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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.
You are partially right in forex you are trading currencies from countries but not like crypto which can also be consider as a currency but is just supply and demand and can even drop to 0 in drastic moment.
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nowaday brokers allow traing on forex by using crypto pairs. I am earning on it by trading with LiteForex broker also i would lik to find news ways for earning by using crypto.
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I am also more focused for now on crypto but I am also learning a lot about forex. I think I will make my first investments soon.
Do you choose place for forex trading?
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I am also more focused for now on crypto but I am also learning a lot about forex. I think I will make my first investments soon.
Do you choose place for forex trading?
Not yet.
If you want you can try to trade in liteforex also. they have demo accounts for practice
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Crypto market, being highly volatile is unpredictable. Rise and fall up to 50% are considered to be the normal movements of the market compared to 5%-10% rise and fall of the stock market and compared to 1%-5% rise and fall of the Forex market.
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Crypto market, being highly volatile is unpredictable. Rise and fall up to 50% are considered to be the normal movements of the market compared to 5%-10% rise and fall of the stock market and compared to 1%-5% rise and fall of the Forex market.
I agree with you crypto market is unpredicatable. Thtough high volalile we can earn on by trading with crypto on Forex.
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Crypto market, being highly volatile is unpredictable. Rise and fall up to 50% are considered to be the normal movements of the market compared to 5%-10% rise and fall of the stock market and compared to 1%-5% rise and fall of the Forex market.
I agree with you crypto market is unpredicatable. Thtough high volalile we can earn on by trading with crypto on Forex.
The unpredictability of the crypto market and its high volatility provides not only the opportunity to earn but also to lose. Therefore, I believe that in crypto-trading it is very important to comply with the risk management and money management.
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Crypto market, being highly volatile is unpredictable. Rise and fall up to 50% are considered to be the normal movements of the market compared to 5%-10% rise and fall of the stock market and compared to 1%-5% rise and fall of the Forex market.
I agree with you crypto market is unpredicatable. Thtough high volalile we can earn on by trading with crypto on Forex.
The unpredictability of the crypto market and its high volatility provides not only the opportunity to earn but also to lose. Therefore, I believe that in crypto-trading it is very important to comply with the risk management and money management.
Do you know any sites with good trading analysis?
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Yes, if you can earn it, it is only on high volatility
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Crypto market, being highly volatile is unpredictable. Rise and fall up to 50% are considered to be the normal movements of the market compared to 5%-10% rise and fall of the stock market and compared to 1%-5% rise and fall of the Forex market.
I agree with you crypto market is unpredicatable. Thtough high volalile we can earn on by trading with crypto on Forex.
Do you mean cryptocurrency or forex?
The unpredictability of the crypto market and its high volatility provides not only the opportunity to earn but also to lose. Therefore, I believe that in crypto-trading it is very important to comply with the risk management and money management.
Do you know any sites with good trading analysis?
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Yes, if you can earn it, it is only on high volatility
Whicn pair has good volatility?
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Both cryptp and forex trading involves risks, though crypto look more volitile, but forex has it own setback. The major difference between both trading platforms is digital (Internet based) and fiat (physical coins or notes) respectively.
In forex platform, trading involves brokers while crypto is completely anonymous and decentralized.
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I think 2017 was the year of crypto trading because peoples make huge money in that year. I was planing to make money from forex trading but unfortunately i bought some coins in ICO's which goes down and i am still hodling the same. May be in 2020 the crypto era will rise and we can make money from it again.
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I think that crypto trading is somewhat unpredictable and I don't want to start trading with it yet. I have had some success with forex trading and I don't want to change that. To be successful in forex trading you need patience and good brokers. I trade with brokers from EXNESS group. They are very experienced broker company that have been working since 2008. They provide 24/7 customer support in any language you might need. I found out about them on https://tradersunion.com/brokers/forex/view/exness/ and they have been the key for my success.
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I prefer both. It is just about the situation instead of going for something fixed. I do just that and it’s easier with FXGiants (https://fxgiants.pro/), it is one of the leading companies out there with excellent structure that only help with doing Forex/Crypto trading smoothly but also gives full safety and security too. It all really enhances the way I am able to trade and plan, so eventually it leads to profits and that with relative comfortable as well.
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Against all odds, i will always use Crypto over Forex no matter what. Both are risky no doubt but Crypto is far better.
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8)
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. ;)
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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.
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Crypto and forex trading are almost the same but the key pint between both is the analyzing skills and that's the main trick, if you don't know Market analyzing then don't do it.
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Crypto and forex trading are almost the same but the key pint between both is the analyzing skills and that's the main trick, if you don't know Market analyzing then don't do it.
If that's your perception with regards both exchange s. For me, they are totally big different particularly the volatility and cryptocurrency exchange is more volatile in forex and in terms of risk crypto is more than forex. But crypto invesment has a biggest profits earned when you know how to play with it. You'll need take experience to be able efficient in trading.
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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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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.
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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.
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Forex is best as far as i know
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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.
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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.
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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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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.
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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.
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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.
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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.
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I trade forex and crypto, but have a lot more experience in forex than I do with crypto.
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Trading forex could also be risky too. Since some brokers provide high leverage and that's why many beginners blow their accounts easily.
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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.
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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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Forex and crypto are both profitable, it depends on how you are willing to take your time and be committed to it and learn, I prepare crypto because it is a decentralized means of exchange, I do not know too much about forex, but people who do forex trading are earning too.