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Any crypto traders in the house?

RamboForex
Mar 11 2021 at 10:41
1 postów
Hi All,

I wanted to know if someone here is trading crypto. If so, do you prefer trading with a forex broker or directly with the exchange? I'm not too sure which route to go. I think trading with my broker is much simpler than going to the exchanges but is more likely pricier. What do you think?

Karlos Fandango (Smith2525)
Mar 14 2021 at 10:51
82 postów
Looks like they finally added a new room for crypto threads, awesome!
Yes I trade cryptos and forex a fair bit. I don't think there is a correct answer tbh as we all have different preferences, requirements, etc. MT4 is the easiest, simple straight forward for sure. Exchanges will give you more coins available (which is not always a good thing having so much choice). Best to experiment and see what you like

heidisandoval
Mar 18 2021 at 11:29
16 postów
Trading an instrument with a broker is easier but that also depends on you. You can check trading with both of them until you find an option that works for you.

tracigilbert
Apr 22 2021 at 05:07
9 postów
You will surely find some crypto traders here. You can either trade with a broker or go to an exchange.

ACEuthanza
May 25 2021 at 08:55
7 postów
I trade indices but want to migrate my account soon. Anyone can reccomend any bots for it?

LemonFeather
May 25 2021 at 12:37
9 postów
Bots for indexes or bots for trading on two accounts?

ACEuthanza
May 27 2021 at 13:02
7 postów
I think both market have different characters, so each one is preffered but not a must

milletplum
Jun 03 2021 at 09:27
9 postów
crypto is very different to FX. spreads too large to trade in and out

winifredbass
Jun 03 2021 at 11:50
20 postów
In my experience of it, I didn’t see much of a difference between the two. Probably because I was quite used to trading forex on a broker platform so switching to cryptos wasn’t that difficult. It was rather familiar and convenient. I’m sure different people would have a different opinion about it.

Gauthamraju
Jun 05 2021 at 09:04
1 postów
i accept the spread is large but cryto is much volatile enough to hit out TP even we have 10 pip spread. lol !!

yana hansen (78678676)
Jun 05 2021 at 09:18
137 postów
- Trading with a broker is always simple. They will also provide you with great support.

yojimbo
Jun 07 2021 at 09:26
9 postów
Spread is so large though if you buy crypto directly. It forces you to be long term trader even with large price movements

Karlos Fandango (Smith2525)
Jun 19 2021 at 23:21
82 postów
RamboForex posted:
Hi All,

I wanted to know if someone here is trading crypto. If so, do you prefer trading with a forex broker or directly with the exchange? I'm not too sure which route to go. I think trading with my broker is much simpler than going to the exchanges but is more likely pricier. What do you think?



Personally I prefer to use brokers for day and intraday trading, but for HODLing and for the smaller coins, then I go for the exchanges.

Erde33
Jun 28 2021 at 16:20
6 postów
Smith2525 posted:
RamboForex posted:
Hi All,

I wanted to know if someone here is trading crypto. If so, do you prefer trading with a forex broker or directly with the exchange? I'm not too sure which route to go. I think trading with my broker is much simpler than going to the exchanges but is more likely pricier. What do you think?



Personally I prefer to use brokers for day and intraday trading, but for HODLing and for the smaller coins, then I go for the exchanges.


the same!
use binance for holding
but also i keep there fiat. EUR deposit has 3% per year as i undestood

Forlorn
Jul 14 2021 at 15:11
4 postów
Don't you think that crypto is a useless investment right now?

Forlorn
Jul 15 2021 at 11:49
4 postów
Forlorn posted:
Don't you think that crypto is a useless investment right now?


I have been trading on my account for 5 years and crypto was really popular at the beginning of my trading path. Remember the days when my friend bought some bitcoins for 1$ and lost the computer at the moment when bitcoin became 200 times expensive. Right now we have way more cryptocurrencies, so the bulk of the benefit from them is open only for the chosen ones. By saying the chosen ones, I mean that people who are at the top of the food chain of trading crypto. Just my assumption.🙃

billysnyder
Jul 16 2021 at 04:41
91 postów
I have traded cryptos through crypto exchange companies. It’s better and you get good prices too. But you can even find brokers who don’t have much fees and you can go ahead with them too.

HeavenLeighGill (HeavLeighGill26)
Aug 19 2021 at 01:58
231 postów
I trade crypto from time to time! Currently do so through my broker because they have pretty low prices (compared to what else I've seen but then again I'm no expert) but it does seem to be a fairly lucrative option.

momo3HC
Sep 06 2021 at 14:02
267 postów
I prefer brokers. Exchanges are not bad but not for trading.

RobSchiz
Oct 04 2021 at 21:33
567 postów
yojimbo posted:
Spread is so large though if you buy crypto directly. It forces you to be long term trader even with large price movements

Spread plays an important role in this market.

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