Post
Topic
Board Trading Discussion
Merits 3 from 3 users
Re: Which is better trading cryptocurrency or forex?
by
Jegileman
on 26/08/2024, 23:07:09 UTC
⭐ Merited by Issa56 (1) ,iBaba (1) ,Pandu Geddon (1)
I would like to know anybody's opinions about this.

FOREX
- Low volatility
- 5/7 Market hours
- Highly reactive about economic events.

Low volatility in forex is not general because there are some pairs that are highly volatile while some are not. Upon the volatile nature of them, it still depends on the lots size you want to use for a particular pair even after finding out how volatile the pair could be. Forex is very large and their are some market pairs that don’t stick to hours of the market and can trade at anytime, such pairs don’t even react to news.

The fundamentals has impact on both markets it only depends on which type of news is broke out. Bitcoin reacts to any positive news or negative news associated with the economy just like the forex market. The both market actually aren’t much of a difference to me just once perspective of it

Similarities between the two are much and when you’re able to find an advantage of one over the other and it suits your own interests, you can just stick to one of them and learn to become better in it. Both of the markets are profitable and also have their own losses whether news or no news. The most profitable ones are the knowledgeable ones about them.