Ever considered crypto trading

[Agbe]

Have you ever considered quitting forex trading for crypto trading? what prompted that thought? or where you trading crypto and then changed to Forex? what was your reason.

Technically I would say that they are some similarities between them but like I always say crypto has so many opportunities to take advantage of if you have the knowledge and skill you can decide to make money from p2p without doing any futures or trying to predict the price change of a particular currency, this is why I prefer crypto to forex. So many people have made money just from hodling bitcoin and other currencies, the interesting part is that not all of them involved in it are experts, so you see there's a space for everyone both the newbies and the experts this isn't something I can say about forex trading

[Chilwell]

Technically I would say that they are some similarities between them but like I always say crypto has so many opportunities to take advantage of if you have the knowledge and skill you can decide to make money from p2p without doing any futures or trying to predict the price change of a particular currency, this is why I prefer crypto to forex. So many people have made money just from hodling bitcoin and other currencies, the interesting part is that not all of them involved in it are experts, so you see there's a space for everyone both the newbies and the experts this isn't something I can say about forex trading

Both crypto trading and Forex trading share similarities, advantages, and disadvantages. However, I also prefer cryptocurrency trading over Forex trading due to its peer-to-peer transaction capabilities and secure transaction processes.

[Mia Chloe]

Both crypto trading and Forex trading share similarities, advantages, and disadvantages. However, I also prefer cryptocurrency trading over Forex trading due to its peer-to-peer transaction capabilities and secure transaction processes.

The thing is success in either of them product of both understanding and sometimes a bit of luck. Trading has its ups and downs and that is a similarity between crypto trading and forex trading however if we are talking about where the money really is it's forex trading. Forex trading packs a ton of liquidity compared to crypto trading which is literally a smaller market.

Come to look at the stats the forex market trades trillions of dollars every single day compared to the crypto market. one thing about the crypto market is volatility and this is based on the fact that the liquidity of the crypto market is often based on a small audience.

[Closeup]

Have you ever considered quitting forex trading for crypto trading? what prompted that thought? or where you trading crypto and then changed to Forex? what was your reason.

I have not considered that because I kind of see them as the same thing with just little difference, so if at all I to consider quitting it is the both of them that will go

[Mia Chloe]

I have not considered that because I kind of see them as the same thing with just little difference, so if at all I to consider quitting it is the both of them that will go

Firstly it's important to note that strategy matters. The more experienced you are the more effective your strategy tends to be and the easier it is for you as the user to be able to morph it to work for almost any pair or market you may venture or find yourself. There are basically some strategies that are fixed to a small group of pair because of some distinct properties however all markets still have very little similarities and that is where a some what general analysis comes from.
Another thing to note is how volatile that particular pair or currency is especially if they are very different on fundamental factors like news and government regulations.