Which is better Forex or Crypto?

[Shing1985]

I would like to invest some money and I am curious to know which is better forex or crypto?

 

[Poinwan]

What you mean by 'better'? Forex and crypto have different properties and pecularities. Cryptos are more volatile and less predictable than forex. Surely, the more volatility an asset has the more opportunities to make profits, but this situation has the opposite side, i.e. there are also more opportunities to lose the money. If you are complete beginner, I'd recommend you to start with forex as this market is more regulated than crypto. There is less scam there and there are more educational resources which are free of charge to make your start easier.

 

[Electric Rainbow]

Presently trading in Forex and still, I am a novice and learning to become a pro. In future I would like to give a try to the Crypto as well.

 

[sunar14]

I would like to invest some money and I am curious to know which is better forex or crypto?

Crypto isn't good for long-term investments currently as we missed the opportunity of jumping in at the early stage of the rally. I would rather prefer to speculate, playing with support and resistances as they work out well there using some regulated broker which accepts fiat as deposits and withdrawals, for example Hotforex. The risk of exchanges being hacked or going bust is real so if you intend to put decent money, think about that.

 

[Electric Rainbow]

Forex Trading is the best way to make money online, but you are required to learn a lot to become successful in the same.

 

[Fistragos]

Many forex brokers have the ability to trade crypto. If you think about the better to trade, crypto or currency, then everyone has their own opinion.

 

[Ghofyn]

Basically, there are no particular differencies when we talk about forex or crypto trading. The main difference is that these are different assets actually. Mechanics is the same, methods of analysis are the same, you can use technical and fundamental analysis trading both cryptocurrency and forex. So, as you can see everything is the same actually. Nevertheless, there are some peculiarities which help traders to distinguish these two assets and make traders to choose only one from them. For example, cryptocurrency is affected by some people and their announcements, while there are no such issues with forex trading.

 

[Electric Rainbow]

Doing Forex Trading, but again it I would like to give it a try to the Crypto someday.

 

[Aayushi]

When deciding between crypto and forex markets, traders should consider their financial goals, available money, trading style, lifestyle demands. The best approach to make an informed decision is to experiment with both crypto and FX trading on a small scale. After a few months, you'll be able to tell which market is best for you.

You will reap larger benefits if you make a large investment. However, you must diversify your investments intelligently and keep up to current on cryptocurrency trading. While the forex market has a high-profit potential, it is more proportional to the quantity of money invested.

 

[sunar14]

I would like to invest some money and I am curious to know which is better forex or crypto?

In my view Crypto is more predictable, higher chance that known technical analysis will work in it that's why I vote for crypto