Post
Topic
Board Trading Discussion
Re: Which is better trading cryptocurrency or forex?
by
Asiska02
on 25/08/2024, 22:50:28 UTC
I would like to know anybody's opinions about this.
Secondly, crypto is easier as I can even decide not to trade and hold and when the value appreciates I make money. In forex, you must trade and that's it. There's no holding.

Being able to hold crypto and not trading does not make it any easier than forex. It’s just your niche and you feel comfortable trading with crypto than trading forex. They both have their advantages and that one good thing about crypto is that you can hold and one good thing about forex is that it’s vast and you can also deal with market pairs that has nothing to do with news and market sentiments. For crypto, they all follow the same consensus as bitcoin and if you’re a swing trader, crypto trading won’t be the best choice for you.

Quote
Lastly, I will say not to limit yourself. You can learn both and do both if that's what you want. Despite being similar they have their own unique differences that stands them out.

It is really good to learn both of them, then after perfecting one that works for you well, you can then stick to it. Trying to diversify and wanting to know all can limit the knowledge you can grab from each of them and can cause you longer time before understanding how to trade.