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[AudraMiller]

The percentage increase and decrease that you see within a forex market is considerably smaller than what you would see in the cryptocurrency market. If you look at any two currencies over the course of the day you will see that these Fiat currency is very small differences in value. However for cryptocurrency changes in price in excess of 10% is not uncommon. Therefore do you think that investing in forex is actually safer than cryptocurrency? Furthermore, with the minor changes in forex markets do you need a larger investment to see a profit?

 

[Niftyicon]

Both markets have their risks but one important thing is that INVESTING in the crypto markets is easier with the requirement of little to no skill when compared with forex.

 

[GoldenLady]

The percentage increase and decrease that you see within a forex market is considerably smaller than what you would see in the cryptocurrency market. If you look at any two currencies over the course of the day you will see that these Fiat currency is very small differences in value. However for cryptocurrency changes in price in excess of 10% is not uncommon. Therefore do you think that investing in forex is actually safer than cryptocurrency? Furthermore, with the minor changes in forex markets do you need a larger investment to see a profit?

Crypto market is highly volatile, so definitely it's more risky than forex market, since that volatility goes both ways.
But at the end, it all depends on how good one is as a trader. You can lose more money in forex if you don't understand the market.

 

[microunit]

I think both have equal risks when investing in them both, though usually if it is long term investment usually cryptocurrency has more profits though that is still dependent on the coin that you are investing in

 

[AudraMiller]

Crypto market is highly volatile, so definitely it's more risky than forex market, since that volatility goes both ways.
But at the end, it all depends on how good one is as a trader. You can lose more money in forex if you don't understand the market.

Trading is a highly specialized skill and there is a lot of factors that you have to consider when you trade, and this knowledge can take a long time to obtain. Therefore you are correct in saying that the risk does go both ways.

 

[Ridorz]

I can actually say that the both of forex trade and crypto currency are the same in terms of risk, Because the both have a volatility. But I just know about a crypto currency is that you can hold it for a long time in which to gain double profit of your money. Anyway, crypto currency is the what I really know much about than the firex trading.

 

[Skysaint]

Well, there are risks associated with both type of trading but I would say, trading in cryptocurrency comes with a lesser risk than that of forex.
You can actually start trading in cryptocurrency with little or no experience on how the whole stuff works but you can't try that with forex else you will lose consistently till you quit.

 

[Wisdom01]

To me the forex market is less volatile compared to the crypto market and that's why I would say it's less risky , because we all know how most times cryptocurrency moves in s day up to a huge percentage making those that have invested real loss Or profit in the way they are trading on the market to earn

 

[Duduyemi]

The percentage increase and decrease that you see within a forex market is considerably smaller than what you would see in the cryptocurrency market. If you look at any two currencies over the course of the day you will see that these Fiat currency is very small differences in value. However for cryptocurrency changes in price in excess of 10% is not uncommon. Therefore do you think that investing in forex is actually safer than cryptocurrency? Furthermore, with the minor changes in forex markets do you need a larger investment to see a profit?

If you think the percentage increase and decrease i.e votality in a forex market is considerably small than that of cryptocurrency market, i would suggest you reconsider after u you must have made some research. First of all Forex Consist of diverse asset which crypto currency is part of, just that crypto currency have the highest votality among all this asset in forex.

 

[Wisdom01]

If you think the percentage increase and decrease i.e votality in a forex market is considerably small than that of cryptocurrency market, i would suggest you reconsider after u you must have made some research. First of all Forex Consist of diverse asset which crypto currency is part of, just that crypto currency have the highest votality among all this asset in forex.

Its the main reason many involve in cryptocurrency , because basically to earn double of your investment by holding a currency on forex market ,it would really take a very long time , unlike cryptocurrency where it could be within a short while , although there are high volatility currency in forex market , only that they are few compared to cryptocurrency

 

[a_jerobon]

I really don't see one being less riskier than the other. Both forex trading and crypto trading involves high risks that one needs to be really careful about. In forex trading, the volatility is not so frequent. But when a market price change happens once, it can make you loose so much money. As for crypto trading, the volatility is so frequent and needs you to be vigilant. All in all, both require one to make very careful moves.

 

[Wisdom01]

I really don't see one being less riskier than the other. Both forex trading and crypto trading involves high risks that one needs to be really careful about. In forex trading, the volatility is not so frequent. But when a market price change happens once, it can make you loose so much money. As for crypto trading, the volatility is so frequent and needs you to be vigilant. All in all, both require one to make very careful moves.

You are right on this since the last fall then ,when Bitcoin moved from $36k to $28k in few hours ,it have given me more reason on why we need to be vigilant and more reason on why the forex market is very much risky compared to the crypto currency market ,all of these have broaden my own personal understanding

 

[Duduyemi]

Its the main reason many involve in cryptocurrency , because basically to earn double of your investment by holding a currency on forex market ,it would really take a very long time , unlike cryptocurrency where it could be within a short while , although there are high volatility currency in forex market , only that they are few compared to cryptocurrency

But actually crypto currency is also part of asset that can be traded on forex platform like mt5 and co. Just that the votality rate of crypto currency is high compare to other asset apart from eldg i think which is good and other that are not currency like fist currencies. Meanwhile not all currency in crypto is volatile too.

 

[Wisdom01]

But actually crypto currency is also part of asset that can be traded on forex platform like mt5 and co. Just that the votality rate of crypto currency is high compare to other asset apart from eldg i think which is good and other that are not currency like fist currencies. Meanwhile not all currency in crypto is volatile too.

Yeah the volatility rate of cryptocurrency is very much high and I think lot of people actually could earn if they are much more careful with the price volatility of Cryptocurrency ,it really have certain risks attached and investors investing needs to be very much aware of the risk

 

[ElPaule]

Both markets needs some knowledge and understanding of the product to trade. Of course it seems to be a lower barrier to trade crypto, but this is not the case. Apps like Robinhod, eToro, etc have the ability to trade forex. So both markets have the same complexity to enter and trade. I think the volatility of crypto makes it bit more difficult for beginners to be profitable.

 

[Wisdom01]

Both markets needs some knowledge and understanding of the product to trade. Of course it seems to be a lower barrier to trade crypto, but this is not the case. Apps like Robinhod, eToro, etc have the ability to trade forex. So both markets have the same complexity to enter and trade. I think the volatility of crypto makes it bit more difficult for beginners to be profitable.

And another thing is that without the volatility ,even the beginner won't be able to earn and many won't invest in it ,they would see it as a non profitable coin to invest on to earn ,but can someone also trade cryptocurrency on the etoro app ,since you said it could trade forex

 

[Balint098]

Forex is less volatile and heavily regulated by most governments, so yeah, it's a less risky. But Forex is more complex than crypto, and because of regulations, not everyone can enter the market. 90% of forex traders failed to make any money from trading, instead they lose money.

 

[Kennysplash]

Forex trading is riskier than crypto currency investment. Although I don't know much about forex but the little I know is enough to give me that conviction. Most especially of you are a long term cryptocurrency investor, you will surely do better than forex trading.

 

[Duduyemi]

Yeah the volatility rate of cryptocurrency is very much high and I think lot of people actually could earn if they are much more careful with the price volatility of Cryptocurrency ,it really have certain risks attached and investors investing needs to be very much aware of the risk

Over the years of experience i have gathered! I could decide to draft out some rules that will make crypto less risky for new traders.
First of invest what you can afford to lose. This my number one rule.
Secondly learn how to be patience when it comes to crypto investment.
Third take it of your mind that you invested your money into it.
You see this three rules can work magic and make crypto less risky.

 

[Wisdom01]

Over the years of experience i have gathered! I could decide to draft out some rules that will make crypto less risky for new traders.
First of invest what you can afford to lose. This my number one rule.
Secondly learn how to be patience when it comes to crypto investment.
Third take it of your mind that you invested your money into it.
You see this three rules can work magic and make crypto less risky.

yeah I think before investing it's best to mind what we are investing on and also never borrow money to trade cryptocurrency , because if we end up in loss ,we would regret futher and again patience is an important factor on investment , atleast it would help you time the trade