Forex Trading is beneficial as I say but a lot of people are also at a loss due to forex trading because that was due to their lack of experience and they were trading without analyzing the coins which are very important in trading. That's why they were at a loss. Although it is better for the traders.
suffering loss was not happen in forex market , we face it in any finance market when trading skill was not prepare well. If have no trading skill , it should not invest or trade in any finance market.forex and cryptorrency market need deep analisys for each entry .alot cryptocurrency traders or investors come from forex market due its potency , and for whose that previously be expert in forex will easily gain profits in market with their technical analosys.
loss can happen any where ,no one could avoid in their trading history. forex market have similar condition with cryptocurrency , it als have leveraged just like margin or future trade in crypto market so risk that maybe occur equal. when we have no good trading skill , these market could make us poor due market volatility.