Post
Topic
Board Trading Discussion
Re: Crypto or Forex?
by
Woodie
on 20/11/2023, 11:49:03 UTC
Hello,
What are the Advantages and Disadvantages of the Crypto and Forex?
Financial markets have evolved over the years and crypto been the standout today has it's greatest advantage as these markets aren't controlled by any institution and operate 24/7 365days in a year, unlike the forex markets that have close and open times which also affect the liquidity of the markets if Newyork and London financial
institutions (Banks) close.

Not to mention a disadvantage I find with crypto is that factors that affect Forex like news such as NFP can actually carry weight on crypto but it's never the other way round, so as much as we are excited about ETFs this can't affect the forex market... meaning crypto is a dependant while Forex is independent.


Why should anyone choose Crypto over Forex?

Thank you.
Standout feature is crypto never sleeps, it's available every day all year round!!

Secondly plenty of assets to choose from the crypto markets.