Post
Topic
Board Trading Discussion
Re: Crypto trading vs Forex trading
by
MCobian
on 09/06/2021, 01:22:34 UTC
Crypto can be seen as easier to trade due to the trend but volatility can dampen gains if you are not managing it well. While forex and classic currencies are mostly ranged without any real bullish or bearish tendency which makes them complicated. I believe that there is no easy market. Everything related to trading has its share of difficulty and impossibility to predict the future.
and in essence have advantages and disadvantages of each. Crypto or forex will both provide benefits if they can analyze the market well.
but at the current crypto hype, forex players are starting to switch to crypto so crypto is experiencing a huge surge in users. people are attracted because of its high volatility because it can get bigger profits as well as a larger volume of crypto.

I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto
price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading
promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But
the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto
trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market,
but controlling emotions is also important to be successful in crypto trading.