forex or crypto
Member Since Mar 16, 2023
28 posts
Jul 25, 2023 at 23:02
what are the different between crypto and forex trading? which one suits you best guys?
Aug 01, 2023 at 15:37
The crypto trading is more about global trends and I suppose short term trading in crypto is not so popular as classic forex pairs trading. Most of crypto market traders are long term holders or huge funds holders (institutional). Forex trading has more developed educative background and you it's easier to find some advice. However crypto trading is constantly and rapidly improving, new instruments are developing and new trades are increasing it's liquidity. I'm not good crypto analyst, and probably my opinion will be superficial for you.
A falling leaf does not try to influence the wind, it enjoys flying.
Member Since Jun 28, 2023
15 posts
Aug 02, 2023 at 11:57
I personally prefer cryptocurrency over forex due to its decentralized nature, which means it operates without the control of any central authority, making it more independent and resilient. Additionally, the 24/7 market accessibility allows for continuous trading, providing greater flexibility and opportunities to capitalize on market movements at any time.
Member Since Jul 19, 2023
9 posts
Aug 03, 2023 at 17:09
Crypto and forex trading both got their own flavor. Crypto's like the wild, wild west of digital currencies, while forex is more traditional, dealing with global currencies. It really depends on your vibe and risk appetite. If you're into that cutting-edge, fast-paced action, crypto might be your jam. But if you prefer a more stable ride, forex could be your go-to.
Aug 09, 2023 at 15:00
ChaKie posted:
Using both:) Crypto long term investment, forex short.
Same here. That is the best way to do it in my mind. Transaction costs are too high for short term crypto trading and price too volatile. But it is the opposite for FX
Aug 16, 2023 at 11:39
SauloRom1 posted:ChaKie posted:
Using both:) Crypto long term investment, forex short.
Same here. That is the best way to do it in my mind. Transaction costs are too high for short term crypto trading and price too volatile. But it is the opposite for FX
The way to profit is in investment diversification:)
Member Since Aug 19, 2021
203 posts
Aug 16, 2023 at 16:01
Oh I do not understand crypto trading. Lol. That is why I trade on forex trading.
Member Since Mar 16, 2023
28 posts
Aug 24, 2023 at 06:39
WhiteWitcher posted:
Oh I do not understand crypto trading. Lol. That is why I trade on forex trading.
It is me , exactly me I do not understand the chart of the Cryptos. really hard for me to trade on the fluctuated market.
Member Since Mar 16, 2023
28 posts
Aug 24, 2023 at 06:42
wolfinception posted:
Crypto and forex trading both got their own flavor. Crypto's like the wild, wild west of digital currencies, while forex is more traditional, dealing with global currencies. It really depends on your vibe and risk appetite. If you're into that cutting-edge, fast-paced action, crypto might be your jam. But if you prefer a more stable ride, forex could be your go-to.
I do not know how to even understand its chart.
I just prefer the forex easy to trade especially on EURUSD.
Aug 24, 2023 at 08:44
NathanialChen posted:
what are the different between crypto and forex trading? which one suits you best guys?
Pattern analysis and even technical analysis as a whole works better in crypto due to prevalence of amateur traders which rely precisely on the same set of rules which you may want to exploit. Also this is due to high volatility which forces large funds to steer clear from crypto
Aug 30, 2023 at 14:50
Mbhalraie posted:
There is no centralization, there are manipulators, technical analysis is not possible, a volatile market and very high risks, a market that is deceived
Ima wondering where are manipulatins yal talking about? Crypto or market trading?
Aug 31, 2023 at 20:34
crcrcr654 posted:Mbhalraie posted:
There is no centralization, there are manipulators, technical analysis is not possible, a volatile market and very high risks, a market that is deceived
Ima wondering where are manipulatins yal talking about? Crypto or market trading?
Crypto market could realistically be controlled by exchanges which can inflate trading volumes and use stablecurrencies emission to pump and dump certain currencies. It is still quite shady market
Member Since Sep 13, 2023
1 posts
Sep 13, 2023 at 17:01
Basically both crypto and Forex trading are high-risk investment options. However, crypto trading is generally considered riskier due to the high volatility and lack of regulation. While risky, Forex trading is more stable and predictable than the crypto market. In general, investors buy crypto assets because they believe the price will rise over time. Traders, on the other hand, profit from market volatility by holding their coins for short periods of time. In terms of volatility, cryptocurrencies far outpace stocks. Crypto prices can fluctuate wildly on a daily basis, often driven by speculative trading and investor sentiment, rather than underlying business performance. Stocks, generally, are less volatile and are tied to corporate earnings.
Member Since Aug 19, 2021
203 posts
Sep 15, 2023 at 15:31
Oh of course both of them are risky. The only difference is that what you understand better.
