Forex and Crypto Comparison - Page 3 - Crypto World - CryptoTalk.Org Jump to content
Roomi

Forex and Crypto Comparison

Recommended Posts

Well i know Forex is still profitable but im more comfortable in crypto trading and it has more opportunities than Forex and also because Forex is treated as old way of trading than crypto being the advanced trading and will be the future currency.

Share this post


Link to post
Share on other sites

Forex trading has its own place in the trading. And stock exchange alos has its own . but crypto currency is approximately different  to other trading procedures. Crypto isn't sponsored/owned by someone but other trading elements are. Because crypto can be mined by anyone but fiat can't be created by anyone rather than govt.

Share this post


Link to post
Share on other sites

Forex trading is about currency such as cryptography. ..I will go for cryptos more than forex because it is so easy and profitable ... crypto trading, or foreign trading is often said to be on par with Forex.

Share this post


Link to post
Share on other sites

As we you consideration around crypto buying and even forex trading system then simply you noticed the more often unsafe forex trading system. In cases where you consider depending on the quantities then simply you noticed that the forex trading system start. Depending on the yield that currency is without a doubt a lot more increased.

Share this post


Link to post
Share on other sites

All you have to do is listen to the news from crypto, especially to get support from other companies. For me I was used to trading cryptocurrency

Share this post


Link to post
Share on other sites
On 1/24/2020 at 2:21 PM, Roomi said:

Today i want to discuss a comparison in between forex and crypto markets and trading, that which is better and more profitable. Currently Forex market cap is almost average 5.1 trillion and Bitcoin or crypto market cap is almost 2.4 billion. 

Crypto market is struggling to pull up and forex is already highly traded market, also it is legal almost in the world. And crypto is not yet legal in many of countries of the world. Risks are also high in trading crypto coins as compared to forex market.

So what you guys have views and hopes for the crypto market? 

Could crypto market beat the trading volume of forex market?

Could it be legalize in the world as forex is?

Could the volatility be controlled by anyone?

Have your views and hit Like if you like.

There are two main difference as far my knowledge like the one is that Forex market is in Trillion as compared to the crypto market and the second is that Forex is trusted then the crypto business.

Share this post


Link to post
Share on other sites

To me, the forex sell has a plight of investors, further than the investors in crypto market. even if in half a shake at hand are a few brokers that in addition set aside you to trade crypto.
Investments canister be by a long way entranced in Forex.


My Altcointalks username —° Raqeebzy

 

Share this post


Link to post
Share on other sites

I prefer to cryptocurrency exchanges. It is more affordable! You cannot trade Forex anonymously. The activities of Forex brokers are regulated by law and they undergo a licensing procedure. Commissions on most cryptocurrency exchanges are lower than on Forex.

Share this post


Link to post
Share on other sites

In my opinion, one of the biggest problems in crypto markets is the lack of liquidity in contrast to the Forex market.I don't think crypto market will beat the trading volume of Forex market in the near future, I think crypto is on early stage and it needs more time to be legalized worldwide, I hope crypto will have a bright future.

Share this post


Link to post
Share on other sites

For cryptotalk lover both is good and forex market cruntly on power but in future crypto will show, because it will most usable payment gateway and currently in initial stage so this best time to grab some.

Share this post


Link to post
Share on other sites

i think forex i sbetter cause forex is number one trading platform with several billions of USD so crypto traders are just low and are not even close to forex trading that is why you can make lots of money from forex.

Share this post


Link to post
Share on other sites

There is no comparison between forex and cryptocurrency, they are of different entities and the forex volatility is too low compare to the cryptocurrency

Share this post


Link to post
Share on other sites

I blame you .. Trading in the Forex market in a nutshell is the trading of foreign currencies, i.e. trading currency pairs against each other in order to make a profit. As for the digital currency market, it is by opening an electronic wallet to trade in. These risks are well related to him.

Share this post


Link to post
Share on other sites

The cryptocurrency trading system and the foreign exchange trading system Forex are two very different systems. But if we look at them closely, we will find several similarities between them. For example, the same basic market dynamics, which are supply and demand, usually control the prices of both types of assets.

 
 

Share this post


Link to post
Share on other sites

with crypto currencies getting more acceptance it will be wide spread pretty soon into the forex market or should i say it will overthrown the forex market, although there have striking similarities in trading. 

Share this post


Link to post
Share on other sites
22 hours ago, Ganhanmarin said:

It is not only about the volatility. You know crypto offer more trading opportunities than forex. Forex is highly risky too but crypto still has many options to reduce the risks. Like long term trading. 

Yea, cryptocurrency trading aspect make you realize that you are only in the position to make yourself profits or loss by giving up Your holding compare to forex trading that when you exit your entry then your fund is affected automatically

Share this post


Link to post
Share on other sites

Its a well clarified comparison between crypto and Forex that you have given but there are many differences between these tow for example Forex is regulated and rec organized while crypto is not recognized in some countries.

Share this post


Link to post
Share on other sites

The question is always being asked about the possibility of crypto controlling the global economy, but the answer is pumping what is going on in the world. No country will accept that it is at the mercy of cryptocurrencies, which may be cut off from countries in conflict with the push of a button. For this, I say that often there will be cooperation between the commercial market for paper currencies. And the crypto market


                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

Holding cryptocurrencies and forex is inherently not the same and the comparison I think is not entirely true. While cryptocurrencies are facing many mixed opinions, foreign exchange is accepted almost completely and under the protection of the government.

Share this post


Link to post
Share on other sites

Yes Cryptocurrency is not legal in the so many countries in this world but it is on own track and pace. You can see the tradition from when that sort of Forex trading is started in this world and you can see the Rapid progress from the cryptocurrency. I think crypto trading  is still profitable for me. 


 

 

Share this post


Link to post
Share on other sites

Cryptography is more volatile than forex And Forex has a legal license Thank you for this comparison, my friend. It is important for all members who are trading here, so we hope you will continue to make useful comparisons


 

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

Despite these differences in favor of Forex, but I suspect that the future will be coding because it is developing faster

Share this post


Link to post
Share on other sites

According to my information, trading in the Forex market in a nutshell is foreign currency trading, while the digital currency market is done by opening an electronic wallet to trade in cryptocurrencies.

Share this post


Link to post
Share on other sites
On 2/16/2020 at 12:45 AM, Nultra said:

like but unusual in implementation.  Where nearby is interdependence but it will in no way be the same.  Forex at hand is a time or an receptive and close by age in marketplace circumstances bit Crypto will resume as time-consuming as furnish and ultimatum exists.

extra fulfillment in forex buying and selling than crypto buying and selling because extra humans are trading force. with time they will compete.

Share this post


Link to post
Share on other sites

Yeah, over time they will compete but the two can't be compared. There are two requirements for work. Forex is already in the market and it is under the control of the government. Forex helps a lot in the legal world of crypto. Time will tell us which is more effective.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • CryptoNews of the Week     – The Republican candidate for the upcoming US elections, Donald Trump, has declared his intention to become the "cryptocurrency president." Speaking in San Francisco, he presented himself as a defender of digital assets and criticized Democrats' attempts to regulate the industry. According to Reuters, Trump raised $12 million for his campaign at an event for venture capitalists from Silicon Valley, organized by Chamath Palihapitiya and David Sacks at Sacks' mansion in the Pacific Heights area. Media reports indicate that executives from the crypto exchange Coinbase, the founders of the Gemini trading platform, Cameron and Tyler Winklevoss, and other industry representatives were present at the event. Intercom CEO Eoghan McCabe shared on X about his participation: "I spoke with six people there. None identified as Republicans. All had voted for or donated to Democrats in the past. Now they support this guy [Trump] for his policies on war, immigration, cryptocurrency, and more. These elections are a referendum on these issues."   – The attitude towards cryptocurrencies will be a key difference between the candidates for the US presidency, Donald Trump and Joe Biden, though neither understands the topic. Billionaire Mark Cuban stated this: "Do you really think [Trump] understands anything about cryptography beyond making money from selling NFTs? Neither candidate understands. But I've often said that Biden will have to choose between [SEC Chairman] Gary Gensler and crypto voters, or it could cost him the White House."  Discussing the upcoming elections on X, ASI crypto-lawyer Preston Byrne noted that Trump's crypto policy is "actually very substantial and well thought out, while Biden's approach is insane and punitive."   – The "Intelligence Authorization Act for Fiscal Year 2025" was submitted to the US Senate on 3 June 2024. On 5 June, Senator Mark Warner's strategic amendment to this bill was published on the social network X, granting the US president new broad powers. This allows the president to "prohibit any transactions between any person under US jurisdiction and foreign intermediaries in digital asset transactions."  Financial lawyer Scott Johnsson criticized the law due to its wide scope. He sees it as an attempt to control digital assets under the guise of fighting terrorism, as the amendments added by Warner are borrowed from the Anti-Terrorism Financing Act.   – Late in the evening (CET) on 12 June, the FOMC (Federal Open Market Committee) of the US Federal Reserve will decide on the dollar interest rate. Historically, such decisions have always significantly impacted bitcoin's price. In this regard, ChatGPT-4o AI was tasked with forecasting BTC's price based on technical analysis and financial analysts' assumptions.  According to the AI, bitcoin will trade in the $68,000-73,000 range. However, a rate cut or hints of an upcoming reduction could push BTC beyond this range. In this unlikely economic scenario, ChatGPT-4o predicts the leading cryptocurrency will trade between $73,000 and $75,000 or higher.   – Over the past few days, the crypto market leader has lost nearly 10% in value. Many experts believe this is due to investors' concerns that US inflation will remain high for a long time. Under such conditions, a quick easing of the Federal Reserve's monetary policy is unlikely. Enthusiasm was also dampened by the fact that spot bitcoin ETFs broke a 19-day streak of investment inflows. On 11 June alone, industry funds lost nearly $65 million. MN Capital founder and analyst Michaël van de Poppe noted that investors are acting more cautiously ahead of the FOMC meeting on 12 June. He does not rule out that seller pressure will persist in the near term. Under such conditions, bitcoin could correct to $65,000. However, van de Poppe does not expect a deep price drop, as significant liquidity is concentrated around the $60,000 mark, indicating strong support, and positive dynamics could be supported by geopolitical instability.   – Traders note that "digital gold" has recently been trading within a narrow range of $66,000 to $72,000. One popular market participant considers the lower boundary an ideal entry point, while entry at the upper boundary carries high risk.  Despite recommended caution, over 70% of the crypto community participants in several surveys believe BTC is on the verge of continued growth. For example, a trader nicknamed Captain Faibik is confident that bitcoin is preparing to break out of the "expanding wedge" technical analysis pattern. Breaking above its upper boundary, in his opinion, will open the way for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer.  Community participants also point to the activity of large investors as a sign of BTC's growth potential. Whales, according to crypto industry representatives, are actively taking long positions in bitcoin. Cryptoquant CEO Ki Young Ju noted that the $69,000 level has become particularly attractive for large investors.   – By the end of 2024, the first cryptocurrency will be worth between $125,000 and $135,000, according to BitGo CEO Mike Belshe. He believes that one of the catalysts for bitcoin's growth will be the high level of US national debt. "Our macroeconomic climate continues to confirm the necessity of bitcoin. Without a doubt, the US national debt is out of control. […] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.  He also noted that the US dollar is losing its position as the world's reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a tool for manipulation. "Thus, the US national debt crisis is one thing, foreign policy and sanctions control is another. And BRICS is providing alternative payment systems. […] This is the story of why bitcoin exists," he concluded.   – The new Binance CEO Richard Teng, who succeeded Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the launch of spot BTC-ETFs traded on stock exchanges. This has strengthened trust in the asset, and retail traders and institutions no longer perceive it as risky. The Binance CEO also suggests that cryptocurrency legalization is possible if Donald Trump is elected president of the United States. Declaring himself a "crypto president," Trump stated in May that the US should lead the global crypto industry.   – The self-proclaimed first resident of Bitcoin City, American Corbin Keegan, left El Salvador without seeing his dream city begin to take shape. In November 2021, El Salvador's President Nayib Bukele announced plans to establish a crypto settlement. Upon hearing this news, Keegan left Chicago and headed to the South American country to become Bitcoin City's first resident. However, his patience eventually ran out, and he returned home.  The project's implementation was likely frozen due to a lack of funding. Bukele wanted to raise the necessary funds through the sale of "Volcano Bonds." These securities were planned for release in Q1 this year, but for various reasons, they did not see the light of day. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • Cardano Node 9.0 будет запущен в июне и подготовит платформу к форку Chang   Cardano Node 9.0 будет запущен в июне. Это обновление подготовит платформу блокчейна к долгожданному форку Chang. Основатель Cardano Чарльз Хоскинсон сообщил об этом событии на X. Хоскинсон отметил, что хардфорк может произойти после того, как 70% операторов стейкингового пула (SPO) установят новый узел. Это приведет Cardano в эпоху Вольтера, ознаменовав состояние полной децентрализации — огромную веху для сети и всей индустрии блокчейнов. Хоскинсон назвал это самым значимым событием в истории Cardano.   Хоскинсон описал путь развития за последнее десятилетие, заявив, что создание Cardano было похоже на строительство нации. Он выразил гордость за сообщество и оптимизм на будущее. Хоскинсон считает, что Cardano дает надежду отрасли и всему миру, и призвал всех оказать значительное влияние в следующем десятилетии. Три дня назад основатель прокомментировал несоответствие между восприятием СМИ и реальным прогрессом Cardano. Он раскритиковал криптовалютные СМИ за непризнание достижений Cardano.
    • Наша техническая поддержка всегда доступна. Наши специалисты всегда готовы ответить на ваши вопросы и помочь советом по любым вопросам. Мы ценим каждого клиента и стремимся сделать процесс обмена валюты максимально удобным и прозрачным.
    • Представляем вашему вниманию сервис для обмена криптовалют Murex.exchange.   ❗ Наши главные преимущества – выгодные курсы и высокая скорость проведения операций.    Мы поможем вам анонимно и безопасно купить, продать или обменять вашу валюту по наиболее популярным направлениям.   На нашем сайте вы сможете выгодно приобрести: Bitcoin BTC Ethereum ETH Tether TRC20 USDT Tether BEP20 USDT Tether ERC20 USDT Litecoin LTC Сбербанк RUB Visa/Mastercard RUB Карты МИР RUB   📈 Мы постоянно добавляем новые направления. Актуальные направления и курс всегда на сайте.   👨‍💻 Приглашаем вас посетить наш сайт и убедиться в высоком качестве и надежности нашего сервиса.   Официальный сайт: https://murex.exchange/ Поддержка в Telegram:  @Murex24 Официальная почта: support@murex.exchange
    • 🔄 Мгновенные обмены криптовалюты на Bitrezerv.com! Принимаем к оплате не только банковские карты, но и платежную систему Юмани - без лишних проверок!   🚀 Обменивайте прямо сейчас!   #YooMoney #CryptoExchange
    • SAPFIREX: Ваш надежный партнер в мире цифровых финансов.   Наши ключевые особенности: - Скорость: Обработка транзакций занимает несколько минут - Поддержка: Наша команда поддержки доступна, чтобы помочь вам в любых вопросах. - Разнообразие: Мы предлагаем широкий выбор криптовалют для обмена - Удобство: Интуитивно понятный интерфейс позволяет легко обменять ваши средства в несколько кликов.   На текущий момент на обменнике SAPFIREX можно пополнить счет и вывести средства при помощи:   криптовалютных пар (Биткоин<->Тезер) банковских карт (Сбербанк, Альфа-Банк,Т-Банк и прочих карт Visa/Mastercard).   Одним из наших преимуществ, по сравнению с другими обменными пунктами является низкая минимальная сумма обмена.   🔒 Безопасность всех сделок     Мы контролируем все процессы и предоставляем поддержку по всем вопросам.   Время работы сервиса: с понедельника по субботу, с 10:00 до 20:00 по МСК Суббота,воскресенье-свободный график   Наш сервис продолжает совершенствоваться и добавлять новые направления обменов. Присоединяйтесь к SAPFIREX и переходите на новый уровень торговли криптовалютами!   Переход в онлайн сервис SAPFIREX
    • Клеймим дроп Aethir      https://claims.aethir.com/ Aethir залистился на биржах, пора фиксировать прибыль:• ByBit;• Gate;• OKX;• MEXC;• Bitfinex;
    • Курс BTC торгуется ниже 68к$  В данный момент BTC старается вернуть свои позиции. Сегодня ожидаются важные новости, которые могут повлиять на цену, как в лучшую, так и в худшую сторону. Поделитесь вашим мнением, какие ожидания у вас?😊
    • Visa и Mastercard возобновили сотрудничество с Binance Компании Visa и Mastercard возобновили сотрудничество с криптобиржей Binance. Клиенты уже могут воспользоваться картами этих поставщиков услуг для покупки цифровых активов. Услуги и продукты Binance теперь вновь доступны в рамках системы единой зоны платежей в евро (SEPA). Ранее, платформа потеряла шлюз в евро после того, как банковский партнер платформы Paysafe Payment Solutions вышел из соглашения с ней. Представитель биржи отметил, что пользователи могут пополнить счет и купить криптоактивы посредством карт Visa и Mastercard. Услуга вывода появится в ближайшее время. Также он отметил, что Visa возобновила поддержку банковских карт, выпущенных совместно с платформой. «После тщательного анализа строгих мер контроля и внедренных нами процессов Mastercard приняла решение разрешить покупки, связанные с Binance, в своей сети» - добавил представитель биржи.
×
×
  • Create New...