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Forex Trading vs Cryptocurrency Trading

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Sahal Ma'sum

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Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium



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#1 - February 08, 2019, 05:52:23 AM
« Last Edit: July 17, 2024, 01:51:04 AM by Admin »

Black_Koujee

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Quote from: Sahal Ma'sum on February 08, 2019, 05:52:23 AM
Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium[img title=happy]http://indo-investasi.com/images/smilies/happy.gif[/img]Forex Trading vs Cryptocurrency Trading in General Forex Discussion_proxy.

In my opinion it's more difficult to trade cryptocurrency than trading forex.
Why?
Because in cryptocurrency there are no fundamental benchmarks that we can use. Will the crypto go up or down.
For example, BTC or Bitcoin, where do we know that the value will go up or down? And what is our benchmark that one day bitcoin won't scam? ;D
#2 - February 08, 2019, 06:34:22 AM

zanurreload

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Trading at Cryptocurency requires a large amount of capital. after all, if you don't have trading experience in cryptocurency, it's quite dangerous because the movement is quite wild. We better trade on Forex.
#3 - February 08, 2019, 07:24:07 AM

Sahal Ma'sum

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Quote from: Black_Koujee on February 08, 2019, 06:34:22 AM
In my opinion it's more difficult to trade cryptocurrency than trading forex.
Why?
Because in cryptocurrency there are no fundamental benchmarks that we can use. Will the crypto go up or down.
For example, BTC or Bitcoin, where do we know that the value will go up or down? And what is our benchmark that one day bitcoin won't scam? ;D
hahah, yeah I also think like that ... a lot of risks in cryptocurrency, too many possibilities to lose ..
#4 - February 08, 2019, 08:09:22 AM

ariezz

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Although crypto trading is quite interesting and profitable now, but I am more likely to choose forex trading. The reason is because crypto trading is still difficult to predict, there is no technical or fundamental relevant to the crypto market analysis, in contrast to clear forex can be analyzed with various types of analysis both technical and fundamental.
#5 - February 08, 2019, 08:59:56 AM

rafid

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honestly I'm still worried if I trade in the crypto world. because until now the regulation is also unclear. In the past when I played Crypto often heard news about bitcoin restrictions from several countries, finally Bitcoin experienced a significant price decline
#6 - February 09, 2019, 11:50:49 AM

Danang_daytrader

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Quote from: Sahal Ma'sum on February 08, 2019, 05:52:23 AM
Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium
In my opinion as a trader who has traded in forex trading and cryptocurrency, I think that forex trading is a better choice compared to cryptocurrency because market movements are easier to predict and do not require sufficient margin
#7 - February 09, 2019, 02:22:52 PM

Madealvin

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Quote from: Sahal Ma'sum on February 08, 2019, 05:52:23 AM
Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium
Yes, it could be that along with technological advancements now the crypto market has entered the MT4 platform to be traded with several currencies, for example BTC / USD. But the demand for trading in crypto is still a little different from trading on the forex market. And along with the declining value of crypto throughout the world, many have moved from crypto trading to currency forex trading
#8 - February 14, 2019, 06:55:20 AM

mohammad mmufroil

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Quote from: Sahal Ma'sum on February 08, 2019, 05:52:23 AM
Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium
It seems that the crypto market is increasingly familiar with each financial institution in various countries, so it is possible that the forex market will be replaced slowly by the crypto market, only a view of its own analysis when looking at the crypto market which is truly like the forex market
#9 - February 16, 2019, 03:33:25 AM

ngs1979

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Quote from: Sahal Ma'sum on February 08, 2019, 05:52:23 AM
Hello friends this is checkmail and would like to know all new and experienced Traders and users views on above mentioned subject.

Similar to forex trading the cryptocurrency are taking the world by storm, similar types of speculations, risks, profits, losses, would the crypto currency be the new forex market of millennium
for now if I'm personally still happy to trade on forex because the capital that we use is still affordable for beginners like me,
if dicrypto needs big capital (really not)
and also I have not understood that I was really photographed,
I am still comfortable trading in forex,
market predictions with simple techniques.
and don't forget that diforex capital doesn't have to be that much important we can guard our money management wisely the possibility of loss can be anticipated.
#10 - February 16, 2019, 04:05:57 AM

Ariyudin

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Always be careful in making choices in business, price movements can not be separated from the market reaction, namely all traders, institutions, banks, and others can also influence. Some say speculators can move prices when they face news, which is a real concern, if you don't understand trading btc is better forex first.
#11 - February 16, 2019, 04:13:48 AM

aizafx

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Quote from: terbang on September 04, 2019, 05:25:42 AM
it seems that for now crypto trading is more promising because of its very large movements compared to forex trading
If you were interesting with crypto trading, then you can try to open account crypto, now there are many brokers already provided the crypto asset in their platform, so as trader they having more option to choose the best one for them
#12 - September 04, 2019, 05:55:38 AM

madu3

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when compared there are still many forex traders even though many are turning to coin trading.
#13 - September 21, 2019, 11:53:40 PM

Antonio

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Forex and crypto trading are both good, Forex is definitely good because prices are easier to analyze but crypto now we all know that the crypto market is also doing well with tremendous price increases.
#14 - November 30, 2020, 06:40:45 AM

Widiaty Syahnazia

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Not too far into studying cryptocurrency, it's just that currently more focused on forex trading.
maybe cryptocurrency is very profitable because the crypto market is very good.
#15 - December 01, 2020, 06:45:48 AM
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