Post
Topic
Board Trading Discussion
Re: Which will be profitable? Crypto Trading or Forex Trading
by
GazetaBitcoin
on 03/03/2023, 22:39:33 UTC
Crypto Trading is more profitable than anything in the world. [...] Forex can be more risky to play with.

I would object, yet take into consideration that I am not a trader, but a hodler. Yet I believe that, so far, hodling was best decision compared to trading. Trading is based on speculation and involves many risks, no matter if it is crypto trading or Forex trading.

on a funny note, we could take as in this picture:



Many lost their wealth by crypto trading, by not understanding the process well, by not studying the coins they traded, by being lured by all sort of "experts" which told them the coin X will go up or coin Y will go down. And, although I am not a trader, I believe that nobody can say I am wrong if I state that buying and holding BTC (even better if it was done since 2010) was most profitable way. True, some got rich from trading, yet the number of those which lost even their houses is overwhelming.

On another side, don't think that hodling is too easy.



Many "weak hands" sold at loss or at inopportune moments. Many chose to sell instead of still hodling. However, in my perspective, trading presents much more risks than hodling and hodling is more profitable than trading. So OP, if you want my 0.02 BTC, choose hodling instead of trading.