Cryptocurrency trading Vs Forex Trading, which is better,

[MOProgress]

I always see people say they are cryptocurrency traders, so I wonder, what is the difference between crypto and forex trading.

[DeKingCrypto]

Hmmm, forex I have never tried, but I may try that and get them as well, so maybe come and tell how they work and can compare them.

[lesing]

Forex trading as well as crypto-trading has the same level of risks involved as both have high volatility involved as well as the higher the leverage, the higher the chances of losing your capital much quick.

[ShouldIDidItOrNot]

In cryptocurrency trading you can trade anonymously.

[Moshaid]

Crypto trading is way better than forex trading. Although forex is an ancient market with lot of broker but the new age technology (Cryptocurrency), investor are majorly investing in a real life entity to help human existence and build more knowledge.

[gurunanakji777]

I do both but in Forex you won't fear of investment because Forex is a regulated trading on the other hand Cryptos is in its early stages very less countries legalize the cryptos so far and even we fear of loss in new projects. Both Forex and Crypto trading are same thing I would say because both involve the risk but in Forex we won't fear of getting scammed. But I personally feel crypto trading is little easier than Forex.

[mlawson71]

I've done both and I like both. The main difference is the regulation - the Forex industry is by far and large more regulated than the Cryptocurrency one.

[Bobcrypto]

Yes, you are right. One major deference is the regulation on forex trading. However, both are very similar and potentially lucrative trading options.
Forex is traded through centralised exchanges in a regulated market. Crypto has the technology and infrastructure to bring security to trading, and it is decentralized.

[coinlurker]

I always see people say they are cryptocurrency traders, so I wonder, what is the difference between crypto and forex trading.

Both of the investment instrument work in a similar way, but forex is more to investing in fiat while crypto is investing in virtual currency.

[mlawson71]

One of the main differences is regulation, the trustworthy forex brokers are usually regulated.

[Munareal]

I have tried day trading in FOREX  and have lost more than half of my investment. I am into position trading in the cryptocurrency trading here I can HOLD my coins and sell when am sure to make a good profit

[zef316]

I think that now a days crypto trading is not much secure if you choose the wrong project to work with. With forex trading we can easily make some daily profits if we have some skills and can  understand the market as well.

[aryaan]

crypto trading and forex trading both are good but i think in current bearish crypto market satuation forex is better option for daily trading

[Marsi]

crypto trading and forex trading both are good but i think in current bearish crypto market satuation forex is better option for daily trading

I agree with you both types of trading are good. Especially forex brokers allow cryptocurrency tradin on forex market. It is a good way for earning because we can see good dynamic on cryptocurrency market. I trade with LiteForex broker they have both type of trading.

[Dugari]

I've done both and I like both. The main difference is the regulation - the Forex industry is by far and large more regulated than the Cryptocurrency one.

It does not matter when you get a profit in US dollars. But you can trade in both markets. I trade cryptocurrency on the Bitmex.