Post
Topic
Board Trading Discussion
Re: Crypto or Forex?
by
m2017
on 05/11/2023, 05:24:16 UTC
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex? Why should anyone choose Crypto over Forex?


Thank you.

I know someone who used to do forex trading to make money, but after 2 years he shifted to cryptocurrency trading because he told me that crypto trading is better than forex trading. Although he knows that crypto and forex have both pros and cons,
How is crypto trading better than forex trading? Did someone forget to explain this to you?

The biggest advantage of crypto trading is that you can do it without any extra middlemen charging fees for it. That is, you don't need to contact licensed brokers. Although, if you think about it, the exchanges on which trading takes place are, in a sense, also the same brokers encroaching on interest from your transactions.

But it is said that crypto is actually better than forex. But when it comes to the tool indicators that are used, it is said that they are almost the same, but for many reasons, it is said that it is really only in crypto trading to get profit here.
Here again is the statement that cryptocurrencies are better suited for trading, but you don't voice why this is so.