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-   -   Forex Trading vs Crypto Trading (https://www.forexfactory.com/showthread.php?t=820742)

forexmaster7 Sep 12, 2018 6:56am | Post# 1

Forex Trading vs Crypto Trading
 
Hello friends,

The crypto currencies have had an important growth in 2017-2018, especially Bitcoin, however there are many different aspects in both markets, one of them is that you can not measure the impact of the news that affect the crypto currency instead in the news for forex are well established in its economic calendar so in my case I prefer to continue with the Forex, since it is regulated by the central banks of each country.
Please reply your views on this topic..

Thanks in advance..

MariaEduard Sep 12, 2018 7:23am | Post# 2

Hello friends, The crypto currencies have had an important growth in 2017-2018, especially Bitcoin, however there are many different aspects in both markets, one of them is that you can not measure the impact of the news that affect the crypto currency instead in the news for forex are well established in its economic calendar so in my case I prefer to continue with the Forex, since it is regulated by the central banks of each country. Please reply your views on this topic.. Thanks in advance..
Crypto looks interesting but I never tried any crypto for trading. I am happy with Forex, maybe in near future Iíll be active on crypto sector.

Shane4 Sep 13, 2018 7:24am | Post# 3

I understand your view but crypto has so much in future because of its technology, don't miss to see the bigger picture. Few companies start adopting bitcoin, It does not hurt to start with small.

voketexpert Sep 14, 2018 3:27am | Post# 4

Crypto is a good currency.
But we don't need that that for the time being. What we need is the implementation of blockchain technology.
that is what makes cryptocurrency prices are falling.

rohitcs Sep 14, 2018 5:33am | Post# 5

I think getting in crypto arbitrage is a good opportunity. Usually, you will find 1% spread across exchanges to take advantage off and make quick bucks.

You can check the arbitrage across all major exchanges on CoinSwitch .
There are the aggregator of exchanges and shows the difference in price of major crypto pairs like BTC/XRP across exchanges which present a good trading opportunity.

forexmaster7 Sep 15, 2018 1:25am | Post# 6

Crypto is a good currency. But we don't need that that for the time being. What we need is the implementation of blockchain technology. that is what makes cryptocurrency prices are falling.
I also believe that crypto is someway different from Forex. On my view Forex is much better then Crypto.
Thanks for your view.

michale343 Sep 15, 2018 2:57am | Post# 7

Crypto market is still very immature and it will take some time before it can attract some big bucks.

bloodpoodle Sep 15, 2018 4:12am | Post# 8

MT. GOX, Cryptsy, Mintpal, Bitstamp, Bter, Bitfinex, Nicehash, Coincheck, Bitgrail, CoinSecure, Coinrail.
All been hacked and lost Coins..
enough said

dispersion Sep 16, 2018 5:44am | Post# 9

Hello friends, The crypto currencies have had an important growth in 2017-2018, especially Bitcoin, however there are many different aspects in both markets, one of them is that you can not measure the impact of the news that affect the crypto currency instead in the news for forex are well established in its economic calendar so in my case I prefer to continue with the Forex, since it is regulated by the central banks of each country. Please reply your views on this topic.. Thanks in advance..
If you made up your mind about trading instruments what is the purpose of creation of this thread? Do you want to see some pros and cons or what? The last thing I would do in choosing trading instruments to trade is relying on forum opinions on that matter...
cheers.

MariaEduard Sep 16, 2018 8:32am | Post# 10

MT. GOX, Cryptsy, Mintpal, Bitstamp, Bter, Bitfinex, Nicehash, Coincheck, Bitgrail, CoinSecure, Coinrail. All been hacked and lost Coins.. enough said
Are you an investor on crypto or a trader? How do you select the coin?

forexmaster7 Sep 17, 2018 6:36am | Post# 11

{quote} If you made up your mind about trading instruments what is the purpose of creation of this thread? Do you want to see some pros and cons or what? The last thing I would do in choosing trading instruments to trade is relying on forum opinions on that matter... cheers.
The post was just to get double sure that I am doing good or not choosing Forex over Crypto. Most of the traders gave me the same opinion.

Oldtraderman Sep 18, 2018 4:19pm | Post# 12

Hello friends, The crypto currencies have had an important growth in 2017-2018, especially Bitcoin, however there are many different aspects in both markets, one of them is that you can not measure the impact of the news that affect the crypto currency instead in the news for forex are well established in its economic calendar so in my case I prefer to continue with the Forex, since it is regulated by the central banks of each country. Please reply your views on this topic.. Thanks in advance..
I'd prefer forex for the reasons you've given plus the small matter of dealing spreads: my dealing platform has a spread on bitcoin equivalent to about 0.8% of the price; for EUR/USD it is about 0.005% of the price. The crypto spread is c.160x greater! That is a very serious practical hurdle to overcome.

Richpack Sep 21, 2018 4:38am | Post# 13

Crypto is riskier than Forex as it has huge volatility. But if you're risk aversion and have a serious management ready for bump, crypto is a fit one. Forex is also good for those who know how to deal with it, risky but less than crypty. Both have a good opportunity if you treat them right.

dianajs Sep 21, 2018 7:35am | Post# 14

Some people do very well when there's big volatility, I think which instrument people trade is largely a matter of personal preference.

dispersion Sep 22, 2018 10:36am | Post# 15

Volatility is like storm in the sea, traders should avoid it and choose appropriate times for trading. Unless you don't have extremely flexible software like high-frequency algorithms, which operate on ultra-short timeframes you are likely to bear losses from trading based on volatility.

pt49 Feb 1, 2019 4:03am | Post# 16

Buy low, then either sell high, or better still, DON'T sell, simply hold.

I first bought Bitcoin when it was 10 cents then forgot I had it, and threw old computer with my bitcoin address into the dumpster... some people bought bitcoin $2 and threw the address in a dumpster with their old computers.

I am now buying at below $4000 and storing it securely.

Nathaniel711 Feb 1, 2019 4:40am | Post# 17

I still do not understand. What is the meaning of Crypto Trading?

pt49 Feb 1, 2019 4:51am | Post# 18

What is more volatile... 100:1 (or if you plain stupid and use 500:1) leverage on currencies or no leverage on crypto's?

THINK ABOUT IT.

pt49 Feb 1, 2019 4:53am | Post# 19

I still do not understand. What is the meaning of Crypto Trading?
Crypto Trading is buying and selling Crypto currencies... Bitcoin for instance.

NeilWagner Feb 2, 2019 7:48am | Post# 20

I still do not understand. What is the meaning of Crypto Trading?
Same as like Forex trading; just by using the crypto pairs like BTCUSD.


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