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Author Topic: Which will be profitable? Crypto Currency Trading or Forex Trading?  (Read 29365 times)

Offline Condorlaib

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #90 on: March 21, 2021, 01:23:39 PM »
The first differences between the cryptocurrency market and forex are the high volatility of cryptocurrencies, which makes it possible to get a fairly good profit in a short time and with a small start-up capital. And if you trade on Forex, then in order to get a good profit, you initially need to have a large start-up capital.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #90 on: March 21, 2021, 01:23:39 PM »

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Offline KryptoBull

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #91 on: March 21, 2021, 03:26:24 PM »
I would choose crypto trading, forex trading takes a lot of time to analyze the market. You cannot be a holder or trade long term. Because the price of crypto fluctuates, I think crypto is more profitable in terms of volume, the price can go up by more than 1000% in a day.
The Forex market is also very potential but the volatility is not huge as they are all fiat related. You just imagine that you invest in stable coins for profits, Forex is similar.
The volatile crypto market has the potential to bring greater returns for experienced investors, so many people have switched from Forex to crypto. But during the crypto winter, they will return to Forex in search of profits.


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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #92 on: March 21, 2021, 08:47:46 PM »
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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #93 on: March 21, 2021, 11:13:55 PM »
The first differences between the cryptocurrency market and forex are the high volatility of cryptocurrencies, which makes it possible to get a fairly good profit in a short time and with a small start-up capital. And if you trade on Forex, then in order to get a good profit, you initially need to have a large start-up capital.
This means that Cryptocurrency trading is more profitable than forex trading. Besides Cryptocurrency having a high volatility price, Cryptocurrency also has more choices of coins that we can trade.  And every time new projects emerge, and make us more and more trading options to get faster and more profits.

Offline pelana vreo

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #94 on: March 21, 2021, 11:54:45 PM »
Investing in crypto carries a lot of risks, I know that.
but because the level of risk is very high such as coins that are not valuable then make me choose crypto investments to get profit.
Crypto price will go up rapidly in 24 hours, some have said you will be rich overnight, I think that can only happen in crypto when you have a lot of money by buying more Bitcoin for investment or trading.

Offline innerpumper

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #95 on: March 22, 2021, 03:05:12 PM »
I once tried to join the forex community. They say it's very difficult to succeed. Whereas I myself have tried in cryptocurrency to earn money for free. That's pretty decent, just free. What about trading? some people are also a lot of success with this.

Offline sarahjones245

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #96 on: March 23, 2021, 09:47:23 AM »
Generally speaking, forex trading is more protected, regulated and stable, however, crypto trading can promise you larger returns than forex. ... The liquidity of the forex market and the volatility of the crypto market means that traders would have to use different trading strategies for the two markets.

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #96 on: March 23, 2021, 09:47:23 AM »


Offline mahid

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #97 on: March 23, 2021, 12:04:56 PM »
I will not underestimate any of them. However, it seems to me that cryptocurrency trading is more profitable. Because I have seen that it is possible to predict the way the price is going up. But I think it is relatively difficult in Forex. So I will choose crypto in this case.
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Offline Millionaire

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #98 on: March 23, 2021, 01:02:59 PM »
actually forex trading and crypto trading are equally profitable. but it all come back to each of us. because everyone has expertise in trading. like i only have expertise in crypto trading. so if i try forex trading i will probably lose my money. because i don't have the ability to trade in forex. and it takes a long time to learn forex trading in order to get bigger profit
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Offline Anonylz

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #99 on: March 30, 2021, 08:31:45 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?
Even though I believe both of them can be profitable, I however believe that cryptocurrencie trading will give you more profits than Forex trading would. Apart from the higher volatility in crypto which can easily make you some good profits onces you've known the trade, I also believe in like spot trading, if the market goes against you, you can still hold your assets till anytime you are in gain's and sell but do this happen too in Forex trading? Just asking cos I don't know much about Forex trading but I still think crypto can make you more profits quicker than Forex.

Offline Dora Walletinvestor

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #100 on: March 30, 2021, 09:30:15 AM »
I don't think any of them is more profitable than the other. The fact that the crypto market is growing faster than the forex market is not indicative of how profitable your trading can be. Maybe if you trade on long timeframes or invest, it can bring more profits, but the volatility makes that really risky.
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Offline zilzylian

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #101 on: March 30, 2021, 12:57:24 PM »
Decentralized, I have seen crypto give a lot of advantages because nobody controls the price, everything is decentralized and I still remember when the price of Bitcoin was under $10k in 2018 and 3 years later the price increased by more than 200%.
No forex trading will ever give you such an advantage and I think crypto is more profitable

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Offline eldial

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #102 on: March 30, 2021, 01:46:01 PM »
I think cryptocurrency trading is very profitable than Forex trading because as far as I know about Forex trading is for a tutorials only who want to know the way of trade but in cryptocurrency trading is part of a exchanges will provide any kind of coins which will be buy and sell depends the demand of coins of the investors and the bounty hunters.
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Offline hunalu

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #103 on: April 22, 2021, 12:19:46 PM »
 t
« Last Edit: April 22, 2021, 12:21:47 PM by hunalu »

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Re: Which will be profitable? Crypto Currency Trading or Forex Trading?
« Reply #104 on: April 24, 2021, 04:20:07 PM »
I know from the start about Forex trading, but ever since I never try to trade on this platform because I know that there is a high risk waiting for me, I have zero knowledge about it. While in crypto trading I am much comfortable doing trade here, besides I had been here for a couple of years and so far so good actually.
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