Post
Topic
Board Trading Discussion
Re: Why is crypto trading so similar yet so different from Forex trading?
by
palle11
on 26/05/2023, 09:50:05 UTC
I have yet to see a forex trader who doesn't claim that they make more money than crypto traders.


This does not matter. It depends on the traders preference and choice or likeness for the two different markets yet same idealogy. If you like some thing more than another, you are likely going to speak good about it. That is how it is with cryptocurrency and forex trade.

There can be some factor one likes above the other like regulation. For example forex is well regulated and you could see all the information about a particular news like you can see this platform https://www.forexfactory.com/. A forex trader may likely speak good of it because of the direct access to a news that can help him make trading decision

Can one do both at the same time?

Why not. You can perfectly trade the two markets including more markets like derivatives and binary. Moreover forex is only weekdays excluding weekends while crypto and deriv are 24/7, so you can have lesser loads by the weekend to relax from Forex trading.