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?
Each trader should determine for himself where he will trade comfortably. It should be borne in mind that trading in the crypto market is much more dynamic than in the forex market. There is a lot of volatility, big risks, but also the ability to earn a lot sums of money is much higher. Some of my familiar traders combine trading in both markets.
As for the use of bots, I personally don't approve of this. I think that only I can make the right decision in a non-standard situation, while a bot can quickly lead me away in minus. But everyone must make a decision for himself, assessing all the risks.
Indeed, each person should determine where they feel comfortable and suitable for them, comfort here means they can easily learn, gain knowledge and experience, there is no discouragement in the process. However, I do not encourage people to participate in both markets even when we have talent in both because we are human, we are not monsters, focusing on one place will be more effective, instead of both, and talk about the use of bots, it always has problems and makes traders lack of practical experience, don't use it will be the best