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I started with crypto and learned much about trading because of it. However, there's currently too much uncertainty in that market. Will I give it up? No. Now is a prime time to bring what I've learned from the cryptocurrency market and adapt my training to trading FX. I recognize that the markets are different and may have different dynamics, But with training and practice, FX stands to make a profitable addition to my trading. You have no idea how thankful I am for the exceptional advice & training your videos provide. Please keep up the great work, UK Spread Betting. It's priceless.

Guess you could mention that the opening hours are different. You can trade crypto on the weekends.

@unknownks9223

6 жыл бұрын

Alexander P. Can it be traded on the week end by all brokers ?

@d.p.clarkson5730

6 жыл бұрын

Yes 24/7 trading on all exchanges.

I have been looking into forex and like pairs like USDVEF, these hyperinflated currencies that move like 100,000% I would like to trade these but it sounds too easy, there must be a catch? Do you have any knowledge about trading these hyperinflated currencies?

@pmdub4935

6 жыл бұрын

Look at USDTRY on the weekly. Looks like a bitcoin chart before it crashed a bit

you can also short cryptos .

Unlike FX, cryptos doesn't provide a positive rollover or swap which is a good way to have some gains ( carry trade ) while your open position is in a floating loss.

cool interessant

I love how everything in the NO column is a subtle insult of sorts. The only cool thing about crypto is that when it goes up it keeps going. There is no ceiling. Currencies have a range. Crypto has no range. That can be very good or very bad.

Large to Mid cap stocks for me,

crypto is soooo boring: no volatile at all right now. zzzzz and so many whales to move the price up and down for no reason other then confuse you. i want to move to forex.

There are some exchanges where you can short the top 80 altcoins

@ukspreadbetting

6 жыл бұрын

by any chance do you know any where you can short ICOs?

@wootisit

6 жыл бұрын

can you short IPO´s?

@charlesreviews6546

6 жыл бұрын

There is no way to short ICOs at this moment. I have pondered this question myself...

@pmdub4935

6 жыл бұрын

I would short most of them right now haha

.) You get more then 100x leverage in FX trading? Really?! (BITMEX does 100x leverage and everybody warns about high risk already) .) You can short cryptos on bitfinex with 3.3x (not all) and Bitmex up to 100x leverage .) Can you talk about "Funding" options on FX-trading platforms? Are there any? For example on Bitfinex you can lend USDT, BTC, ETH, ... and you get an intrest rate of 0.05% - 0.1% daily... (search for "Bitfinex - Rates on Margin Funding")

@ukspreadbetting

6 жыл бұрын

The main problem I see with those exchanges is that they've unregulated. What happens if they're hacked or they simply run away with their clients monies? How can you trust them with serious money?

@wootisit

6 жыл бұрын

you are right, but.... no risk no fun? Seriously, do you know any Funding options on FX trading platforms?

Certain exchanges such as Bitfinex offers 3.33x leverage to long and short Bitcoin and altcoins in USD.

everything will be crypto in 10 years fx the stock market everything will be crypto.

BUt man WHO the fucking fuck is making money on it now dayS???