Re: Which one is better? Forex or crypto currency trading?

Hi,

What is your opinion about forex trading vs crypto currency trading?
Which one is better? More profitable ?

Also, there are some bots like GunBot or C.A.T which automate whole trading, but is there any bots for forex?
Is crypto currency and forex trading strategy and method the same?

You don't have any experience on forex it seems. Just download metatrader and have some fun with a demo account. There are many bots both paid and free which you can use with forex trading.

Crypto trading is not much different than forex. All you need to make right guesses more than wrong ones. Cool

I don'.t know about C.A.T. much but if you checked the GunBot you'll see that it makes the most profit if there is a bull market going on. The statistics were like; on a bull market you'll most likely to make %500 with gunbot and you'll be making %400 with holding. Don't remember the exact numbers but you can think of gunbot as a profit booster.

You probably won't be making any money if everything goes to shit, neither by holding nor botting.

Trading on a demo account and on a real account is different. When you play on a demo account, you are luckier, and when you replenish a real account, you get more loss:(

Psychologically, in forex market or crypto market is same. But for demo account its different. Using demo account feel free because we dont use our money, its just dummy but when we using real money in real account, our psychology must be different.

That is right, and as far as I know, in the crypto trading, I don't know if there is any crypto market that allows the user to use demo account so they can learn during practice trading with the demo account. And for the software, we need to learn the basic of the function of the software so you can use the robot with properly. But unfortunately, I never use that bot, and I prefer to use manual trading because it can help me to increase my skills.