Post
Topic
Board Trading Discussion
Re: Give a reason for your recommendation.
by
jaberwock
on 26/11/2024, 19:18:01 UTC
Crypto trading has a better appeal than forex trading. Crypto trading is in my estimation better than forex trading for two reasons which of course everyone who is young would acknowledge.
Aside having the beginner level experience you can start trading crypto with just a little amount of money. So with crypto trading you don't need to worry about a huge entering level. The second reason is that it is on 24/7. You can trade anytime any day without fear that the market would close online forex trading. The one concern is the stability of crypto when compared with Forex.
Same here but I think we can easily say that because we are exposed here? And then for someone who is the opposite, or are not here in the forum and the same question will be asked on a forex forum, they will also say that it was forex. Before cryptos exploded like this, it must be the adults are the ones who built an interest with them. Now, cryptos are already famous and there are now new additions which are more user-friendly and eye-catchy that young people can get attracted to.

We must study first before we begin trading cryptos due to their level of risks but indeed that all can always start as a beginner and eventually their ranks can only climb higher the more exposure they get in the market. Forex must be more stable and is less risky but I think their interface is much harder to understand than what we currently have here in cryptos, so it still needs a better understanding before things get started. Cryptos are so far free market which is why we have a 24/7 working market as you said there. This makes us to earn even better or faster but it is also a good thing to have some rest times, especially if we are not that good yet, in order to avoid a lot of losses.