Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: yousufatik20 on September 29, 2018, 11:39:40 AM
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
I prefer with crypto trading because forex trading is too difficult for me and I cannot understand the forex system. Although I am learning about forex, it seems, it's too complicated, and I stick for the crypto trading. I don't know if crypto trading and forex trading has the same strategy and method because, for me, I only focus on crypto trading.
There are many bots for forex, but I don't know what the name is, maybe you can search in your way.
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
Well, I think all the bots and went from Forex. Cryptocurrency market is young, there are a lot of things not working, in contrast to the Forex. Plus there is less volatility and you need more experience to earn, and cryptocurrency because of the volatility is not extremely stable, so you can lose everything, as well as get rich unexpectedly.
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Both are good because they can provide benefits. But forex risk is higher because we can lose everything. That's why if I have to choose, I prefer crypto trading. Because when it fails, we will not lose all the value of our investment.
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
They are both currency trading, one is normal, one is crypto. I used a demo mode on forex software and it was very addicting. I think it's more or less the same in terms of technical analysis, but forex has a ton of volume, and leveraged trading is very common, so even tiny moves can make a lot. I think forex charts are smoother for one minute and short term trading, where crypto only shows individual trades on such a short time frame. That's my observation. Similar but not exactly the same, can be very profitable but very risky with high leverage.
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I Use GunBot from January 2017 and I don't even look at forex.
The crypto allows you to trade "relatively hidden".
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Personally, I prefer crypto currency trading to forex trading. This is because I believe that there is more gain in crypto currencies than foreign exchange. Secondly, I prefer crypto currency trading because it gives me the opportunity to learn more about cryptocurrencies.
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Not trading Forex...as for cryptocurrencies, the market is young and is just emerging.This means that we will still have many opportunities to earn.
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In this time, if you want to trading daily you should choose Forex because its liquidity.
If you want to invest long-term in a expected good profit asset you should choose Cryptocurrency
:)
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Cryptocurrency as an investment for a long term is very attractive ...but only for those who buys now.For those who bought when the market grew-not the best option.
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Both are different, you cannot combine trade elements from forex to crypto, but both have the same data collection methods and tools, such as cutlos and candlesticks.actually crypto is easier because its fluctuating value makes it hard to guess
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
Firstly forex and crypto is two different instrument for trading, if its me i will choose both as it can act as hedging for your portfolio. Trading with a bot might or might not be effective and with a bot for automated trading does not make you a person who do trading and you will not know the exact reasons why the bot buy or sell, my advice is try to understand it yourself when you make a gain or loss at least you know what is going on.
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Although both of the instrument is related to currency in some way but there is still difference in them. Both uses leverage to trade but crypto offer another thing which is bounty hunting and also it is quite new in the investment market.
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Both investments are risky although, but I prefer cryptocurrency to forex any day ,any time.
Cryptocurrency risk can be mitigated if one acts on time while forex can't be mitigated.
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Hi,
What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?
Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?
I prefer crypto trading. I see for ex trading as too intricate and complex. So I will rather stick with what I can understand.