Post
Topic
Board Trading Discussion
Re: forex trading vs cripto trading
by
entrepmind23
on 15/09/2017, 03:24:28 UTC
Which is the  best  for  day trading in your  opinion in terms  of reliability and profit?  In terms  of  profit  maybe  the  cripto, but in terms of  reliability Forex.  Cripto is   like gambling I suppose, you have to check the trollbox, the news and  hope  to jump into the train  fast  enough to not  be burnt.

I would still choose crypto trading over forex because I need to have a large capital in forex while in crypto trading, I could still trade even if I have a small capital. Yes forex is more stable than crypto but then if you are really a good trader, I believe that whether it is forex or crypto, you can still profit from it day trading. Yes you have to watch out so many things in trading crypto but then you also do it in forex whether there are news that can affect its price.

The difference in two is that there are more volume in forex trading that's why technical analysis can work fine but in crypto, sometimes technical analysis doesn't work because of the fundamentals but eventually, the trader still turn to technical analysis after some news because you can view there the market sentiment which is a vital part in trading. There are market cycles in crypto as well so you can enter before the spike. You just have to have a keen eye in observing it.