Altcoins Talks - Cryptocurrency Forum
Further Discussions => Trading (Not crypto) => Topic started by: ayatoslaw on January 20, 2019, 01:22:21 PM
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
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Without any doubt, cryptocurrency trading is better than forex trading. Crypto is the future. It is where the volatility lies, where the action is. It is like free money, if you know what you are doing that is.
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Basically the same, trade in forex and trade on Cryptocurrency. However, to trade on forex, a large amount of capital is needed, unlike in Cryptocurrency we can trade with relatively small capital. And in my opinion, the prediction of prices on Cryptocurrency is easier than the price predictions in forex, meaning trading on Crypto is easier and more profitable.
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We all know that forex trading is really too risky. That's why I think it might be sensible to do so without too much. But if you don't know where to stop, I say never.
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You remember before Crypto appear and became so popular people were always saying that Forex is a risky investment and now after Crypto appeared Forex looks much safer than Crypto so it is the less risky safe investment but of course as we all know when the risk raise the reward always become higher, so just choose what suits you best.
Forex= Less risk low reward compared to Crypto.
Crypto= High risk very high reward compared to Forex.
So it is totally up to you and what you want to do.
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I will go for cryptocurrency investment than forext investment.
Even though both has been said to bring high return of investment.
Cryptocurrency investment is better because it's not that demanding like forex trading in terms of time consuming.
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Have you all experienced trading in Forex? Or are all just assuming what forex trading is like?
I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
FOREX PRICE FLUCTUATES just like crypto.
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I really don't know or have any experience in forex trading, I still believe its better to trade crypto than forex. I have heard from people that trade on forex that it is very risky, one can lose everything. Both are risky though but forex trading is more risky than crypto.
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I will go for cryptocurrency investment than forext investment.
Even though both has been said to bring high return of investment.
Cryptocurrency investment is better because it's not that demanding like forex trading in terms of time consuming.
Cryptocurrency trading, is better, because cryptocurrency coins, are designed to be scarce. Fundamentally, cryptocurrency, is in it's baby steps, and as more people learn about them, the demand will rise. This does not apply to Forex assets.
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The both are good but I prefer cryptocurrency trading than forex trading.
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I prefer crypto. Price is really volatile, and also I don't trust forex and forex websites. High leverages are always really scary for me. That's also why I don't like bitmex...
Also crypto world is really new and promising
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Personally, I have never invested or traded in Forex so that I don't know exactly better thing of the two. However, in my opinion, if we can have the right decision and strategy, investing in crypto will be very valuable. Moreover it is very volatile. It can be utilized for day trading. however of course, it will need the big analysis and carefulness.
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I agree with you, I chose Crypto compared to forex, the price of cryptocurrency is always very significant, by utilizing that moment we can get a profit, and if the market price decreases, only the value drops, while the total number of coins is not downhill.
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This will be a personal decision since I am no financial advisor. One thing to note is that, both is good but depending on which works so well for you
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Both trades are risky but i prefer to do trade by crypto because here is less risk than forex and here you can get much profit than forex and here you can do trade easily than forex.
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I chose crypto for me. It seems to me more interesting and more profitable
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~snip~
I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
And you think people who trade on FOREX do not get quick profits? Sorry but it seems to me that you only heard or read about forex but never really done it. I know some people who trades on forex and they earn a good amount of money from it.
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I think these areas are not very different, but forex exists for much longer and people have much more experience in this area, so if you want to trade, then it is better to choose ащrex and ask someone who has vast experience in this area to taught you to trade there.
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I think that crypto market can be more profitable but more risky too... it really depends on what is leverage used in forex.. I think that both are good if you are a skilled trader also because they ofter are not correlated each other.
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When it comes to choosing between cryptocurrency trading and forex trading, I would prefer cryptocurrency trading than forex because, Cryptocurrencies creates opportunities for making large profits, cryptocurrency markets are always accessible and open for trading, people can buy and sell cryptos at anytime. Cryptocurrency transactions move smoothly and faster. If you want to start forex trading you will have to invest with a huge amount of capital, but little amount of money is okay to invest in cryptocurrency.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
The choice of which trading to engage in would depend on the preference you have because both trading in Forex markets and in the cryptocurrency market are both profitable depending on the level of knowledge that you have, and sometimes the experience that you have will matter too.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
Yea, it has existed a long term now, the earliest of men use to trade base of real time data which I guess would be hard back then to compute and predict the markets as there wasn't any form of technology or computer like we do now. Well it doesn't matter which you prefer, people still trade both the crypto market and forex market and still make it big. It depends on which of them you have specialized on and mastered, that's all that matters.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
It is easier said than done!
You’re talking more about the fundamentals of trading which allows the coins to move in a certain direction as a result of a news or an event that’s related to that coin. If you’re only waiting for such moments while trading, you may be susceptible to less risk in my opinion and may earn little to nothing as they don’t always last long. Having a proper understanding of charts and movements of trades along the chart will be a more suitable way to earn through crypto trading. Then when an opportunity like the fundamentals occurs, it’ll be of an added advantage to you as a trader while already use to the market and know when to exist or stay in a trade.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
Yes of course trading has actually been around longer than we recognise sometimes. Anyways choosing between crypto and Forex comes with first understanding how they both work. Yes crypto is very volatile however I don't think it's going ok to justify it as a faster profiting market than the Forex market. Forex to has a variety of volatile pairs too especially metal pairs like Gold / USD and silver/USD.
Anyways it's not nice to conclude without understanding them both first because if you check you will find out that at some point metal pairs can literally get more volatile than some crypto pairs..
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There is no doubt that trading on cryptocurrency is more secure and easier than trading forex and crypto is stress free but the amount of energy and calculation you apply to make you get something out of forex is something to think about.
Crypto trading is better than forex.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
Both forex trading and crypto trading are very important but of course it varies from person to person.
There are many people who are more comfortable with forex trading but may lack the knowledge or feel comfortable with crypto trading.
But I like crypto trading better than forex trading and in terms of profit crypto trading is more profitable than forex trading. For now I like short time trading system more than long time trading in crypto trading.
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basically, trading has been around a long time,
but for crypto appears after bitcoin appears,
but if I have to choose either crypto or forex, I prefer crypto, because the price is fluctuating, so we can get profits quickly if we understand the flow where coins will go up and which ones will not go up.
Both forex trading and crypto trading are very important but of course it varies from person to person.
There are many people who are more comfortable with forex trading but may lack the knowledge or feel comfortable with crypto trading.
But I like crypto trading better than forex trading and in terms of profit crypto trading is more profitable than forex trading. For now I like short time trading system more than long time trading in crypto trading.
Both are indeed markets...
Volatile and less-volatile one
Traditional market and a decade old one
Centralized and Decentralized
Reactive to news and the other one is only sometimes or situational
When dealing up with both then its really that pertaining about buying low and selling high thing and it will really be just that too impossible that you cant be able to distinguish or able to see out their main differences but in overall volatility aspect on which it is depending on you on which one you would really be that trying out to deal on with. If you cant bare out the risks on crypto then you can try forex but of course its not something exempt with the risks because it might be less volatile but losing money is indeed could happen or blowing up your account.