Post
Topic
Board Trading Discussion
Re: Why You choose Crypto Trading instead of Forex Trading.
by
milewilda
on 15/05/2020, 20:17:18 UTC
I think most traders invest in cryptocurrencies because it is a new interesting technology that was not there before. People are always interested in everything new. Forex is no longer so attractive to people, because everyone has heard about it. And for example, not everyone can participate in the IPO of a company, and in buying coins on the ICO is available to almost anyone.
I dont think so that most people are get attached nor attracted to the new tech but rather i highly believe that they are interested on the profitability level due to
high volatility rate.If we do really talk or compare between the two then you can actuallyt tell the difference and this is one of the main reason.

I have been trading forex 4 to 5 years ago but i gave up on it because in the end i was just burning my capital, i actually was not able to use risk management properly but in crypto trading i just trade long charts with most probable entries and overall i hodl good coins so no stress to keep watching markets all the time.
The good thing here on crypto is that you can opt in to hold your coins without blowing up your account unlike in forex where brokers or platforms.
Im also a forex trader too and i do definitely agree with this one.