I have been into bitcoin and other cryptocurrency trading and I have seen how most persons endulge in forex and make it big while some persons lose massively.
I would want to understand fully the differences in trading bitcoin and doing forex and if they are similarities.
Please help out.
Forex was then a trending trades in which many will want to go for and deal with currency exchange in fiat, but bitcoin has made it more easier for traders to do the same with the use of cryptocurrencies, they may quite have a little similarities in common, but the truth is that they both were two different things, though the similarities here are currency pairs for trading, while what we consider in bitcoin trading is all about cryptocurrencies while fiat in most cases with forex trade.