Post
Topic
Board Trading Discussion
Re: Why trading Crypto (instead of Forex)
by
tbct_mt2
on 25/04/2023, 08:23:55 UTC
I think one really big advantage of trading Crypto is not only the volatility but also the available data.

When analyzing Bitcoin, for example, you have soo much more data to watch than with forex.
Both markets are sensitive with news but with Bitcoin and its public ledger, you can analyze on-chain transactions and data to see how hidden games are playing and setting up. It is not easy even if you have analytical results (charts, data, reports) from free sources, it requires you a lot of time, experience, knowledge about Bitcoin and this market to understand it and make your plans with on-chain data.

It is a big plus for Bitcoin market and cryptocurrency market than Forex.