Quote from: ndutndut on Today at 05:59:25 PM

Quote from: Adiepretty on August 24, 2024, 05:27:58 PM

I would like to know anybody's opinions about this.

Actually choosing between crypto and forex is like choosing our favorite food, because both have their own advantages and risks. However, if you don't like high risks, maybe Forex could be an option, because forex tends to be more stable than crypto which can go up and down crazily, in essence it all depends on your ability to master both.

Because in terms of risk, it can be said to be the same even though crypto is higher. Forex can make you lose in a short time. In terms of profit, it is different, you can also get very large and fast profits. Likewise with crypto you will get very large and long profits, and vice versa.

What is clear is that it all depends on your capital, strategy, and psychological mentality in choosing between the two. because basically any investment that is most profitable is an investment that you understand and you also master the skills. If your abilities are more dominant in crypto, then choose crypto. However, if you are the type of person who doesn't like big risks, you should avoid both transactions.

It would really be just that depending into your risks appetite on which this one is really that understandable. There would really be those individuals who could really be able to handle up such risks in speaking
about dealing up with trading neither both things. The difference on here is about volatility or simply with its movement, we do know that people or investors would really be having that bigger potential on making up profits and this is something a normal approach to have as a trader/investor. If you cant be able to bare up with the risks involved with crypto volatility then it would really be up to you. I've known someone who had been that doing forex trading and on the time that he had tested out crypto then he had go back into forex just because he cant be able to handle market volatility of crypto space.