forex or crypto

what are the different between crypto and forex trading? which one suits you best guys?

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.

Forex,, gold

Ima newbie in this matter. But Ima prefere believe forex`s trading more simple than crypto.

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.

There is no centralization, there are manipulators, technical analysis is not possible, a volatile market and very high risks, a market that is deceived

Crypto is just manipulative trading. Who is controlling who you never know . How you are going to do a Analysis?

Using both:) Crypto long term investment, forex short.

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.

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

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:)

Oh I do not understand crypto trading. Lol. That is why I trade on forex trading.

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.

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.

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

It seems to me that crypto trading is more risky due to its volatility. And more unpredictable. In this regard, classical currency trading is easier.

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?

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

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.