Re: Investing In Crypto Genuine Better Than Trading Forex
After making some money in crypto I venture into trading forex, but I got my finger burnt. I wasted a lot of money without making a single profit. I regretted this venture.
One of the reasons why some investors get burnt is that they lack the patience to focus on one sector and do jumping around to other sectors hoping to make profit everywhere. It is fine as long as you know what you are doing and have experience in that. For your case I take it that you were less experienced in forex.Quote
I have come into conclusion that investing in the genuine crypto project is far better than trading forex. The risk in trading forex is higher than investing in a genuine crypto project.
Biased statements based on personal opinion.The same statement would be the reverse for a well versed forex trader who tried their hand in crypto. Understood my point?
Fact that both types of trades exist means that both markets are profitable but is not everyone.
The false notation of "Mine is good, yours is bad" is a exaggeration of biased opinions based on short term outcomes and should not be used to draw conclusions.
