Post
Topic
Board Trading Discussion
Re: trading outside of crypto?
by
verguat33
on 16/10/2018, 07:24:39 UTC
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
You can also trade in stock exchange and hope that you will find it better than crypto trading. In crypto trading you can only trade in those currencies in which you invest your money, while in stock exchange you can buy and sell any product shares just in seconds. But don’t be greedy because greedy people always lose their money in stock and in crypto trading.
In my opinion trading outside crypto is only in stock exchange. There are also many trading companies but that need more time and money. If you want to trade outside cryptocurrency, you should invest in stock exchange. There you will be able to make money in seconds because of the huge variety and quantity of shares of different companies and quick buying and selling.