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Yeah of course there is a risk involves in trading forex market but still there are ways you can minimize risk by taking a course on risk management in the forex market.As for me cryptocurrency trading is far better than forex trading because of it's nature. I will prefer having to deal with the Volatility of crypto than the risks of forex
Not even just younger folks, even the older ones the younger folks can still take out time and dedicate to learning forex but the elderly ones don't really have that time.Exactly, and I'm very sure that it's actually why it's very easy for a lot of younger folks to get into cryptocurrency trading very quickly than they do when it comes to forex trading.
In forex trading you are dealing with real money. When you get stuck with a currency that had dropped in value then you can keep the currency or you can exchanged it to your currency at a loss. With crypto coin you can also do that but the crypto coin has no tangible value in the real world.I prefer trading the forex market but for you to trade it and get profit you must commit yourself to learning a particular strategy not jumping from one to another.
I like the two but I prefer trading crypto currency because it has lesser risk compare to forex. And also the gain is higher to forex trading. When I trade forex I do use crypto currency pairs to tradeI prefer crypto trading than forex trading. Over the years people have more money on crypto trading compare to forex trading. Forex trading is more like gambling. But in crypto trading there Is always visible outcome of what the price might look like depending on the demand. How can one trade crypto very well to make more money.
I believe it is more popular now that more people are engaging in cryptocurrency trading compared to Forex, ever since the recognition of cryptocurrency more people are joining crypto trading compared to the amount of people that are engaging in Forex even though the volatility in forex is not as high as that of crypto.Personally I've had so many bad experiences with forex trading which is influencing my decision with going back to it which is why I prefer cryptocurrency trading.
Both of them deal with technical and fundamental analysis. Forex can only be done 5 times a week while cryptocurrency can be done almost anytime because the crypto market you will not sleep . That's the advantage of cryptocurrency over ForexI prefer cryptocurrency trading far more than the forex trading. The opportunity that a avails in trading cryptocurrency is more than what we get in trading forex
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