Forex or Cryptos, Which Should I Trade? 😕

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Forex or Cryptos which should I trade? This is my opinion whether you should be trading forex or cryptos. Suppose you are just entering the markets and you only have two choices: trade forex or crypto currencies? These are the big things that we see advertised a lot. Whatever you're trading make sure to watch the risk. OK.
Spreads - spread is definitely lower in forex pairs particularly the liquid pairs like EUR/USD, GBP/USD, USD/JPY,...etc
Safety - how safe are your funds? If you're trading fx with an unregulated broker, then they're just as unsafe as anywhere else. But if you trade with a regulated broker then you have some protection. Most of the crypto exchanges are unregulated and I'm seeing a lot of hacking and potential problems.
Volatility - this is a double-edged sword really. Cryptos are definitely more volatile though.
Opportunity - FX wins here.
Scalability - Cryptos are not that scalable. You can't really move huge sizes that quickly.
Resources - Cryptos seems to have an edge here.
Leverage - FX wins here.
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Пікірлер: 34

  • @FighterFred
    @FighterFred4 жыл бұрын

    I agree. You forgot two things; market cap and market manipulation. In forex you need a lot of money to do the pump-dump manipulation going on in crypto.

  • @zetaorionis9726
    @zetaorionis97263 жыл бұрын

    i agree with this video forex is much better than crypto , i traded both of them real bitcoin and failed then i traded CFD crypto still lost money then i started trading forex and then i started having real gains , trading crypto is harder first you have to buy crypto and it is a pain in the ass , less leverage , technical analysis doesnt work for me in crypto while it works great on forex , the forex market respects technical analysis crypto market doesnt crypto is easily manipulable by influential people like elon musk and you could see all your gains blown away by some dude tweeting bad things about your coin , forex market is volatile but stable at the same time

  • @ukspreadbetting
    @ukspreadbetting4 жыл бұрын

    👇 Have you ever traded cryptocurrencies? How was your experience? Tell us in the comments below! 👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰

  • @tlamax7769
    @tlamax77692 жыл бұрын

    For me, Cryptos is WAY EASIER and less hassles.

  • @Thenarayanaclips
    @Thenarayanaclips Жыл бұрын

    Thanks a lot for this amzing video. This is really helpflul.

  • @Uk.Cinema
    @Uk.Cinema3 жыл бұрын

    I have watched this myself and I think you are honest about what you have just said.,but it totally depend on the persons strategy and they should take what you have said into consideration...but for me I will go for crypto for quick money. But what you have just said is true...I know there will be so much argument on this but that is how it truly is.

  • @dr.zuluschannel2972
    @dr.zuluschannel29722 жыл бұрын

    Nice one.

  • @beardog6569
    @beardog65694 жыл бұрын

    But Mark, CZ says my funds are SAFU...

  • @nabeelahmed9892
    @nabeelahmed98924 жыл бұрын

    Sir u are the best of the best!

  • @3dlife-voices-games539
    @3dlife-voices-games5392 жыл бұрын

    Thank you for the information could you please explain how to trade crypto on MT4 and if you have already account! Thank you so much

  • @shakabuu8803
    @shakabuu88032 жыл бұрын

    2 year old video.... Crypto is much a lot bettter then FX and there good Exchange like FTX for future trading and many Contracts

  • @kashgb5456
    @kashgb54562 жыл бұрын

    Which is easier to learn

  • @McMz2008
    @McMz20084 жыл бұрын

    Very interesting views!

  • @hplovecraftmacncheese
    @hplovecraftmacncheese Жыл бұрын

    Do crypto exchanges with maker/taker fees also have spread?

  • @laurenth7187
    @laurenth71874 жыл бұрын

    Never trade an instrument you don't understand. I'm absolutely not interested in cryptos.

  • @apolinarpazaran3793
    @apolinarpazaran37934 жыл бұрын

    Hey I just saw one of your other videos where you recommend inter trader as a broker, do you still recommend them and do you have a link? If not then who?

  • @ukspreadbetting

    @ukspreadbetting

    4 жыл бұрын

    Check www.financial-spread-betting.com/spreadbetting/compare-spreads.html

  • @davonthompson7113
    @davonthompson71134 жыл бұрын

    how you going to get rich in forex when all the Countries money Devaluing it’s like walking 🚶 up a Escalator that’s going down😂😂😂

  • @yassineandich1098
    @yassineandich10984 жыл бұрын

    what you think about the idea of crypto take place of the reel currencies ?

  • @jakepennycook5307
    @jakepennycook53073 жыл бұрын

    If you trade forex using price action and technical analysis , can you do the same with Crypto? Are the way the markets work and the charts very similar ? I am wanting to trade forex but also in the future trade Crypto.

  • @ukspreadbetting

    @ukspreadbetting

    3 жыл бұрын

    Price action and technicals definitely apply to cryptos!

  • @jakepennycook5307

    @jakepennycook5307

    3 жыл бұрын

    @@ukspreadbetting thanks for the response mate. Looking to start my trading career in forex and expand it from there.

  • @wesleywallace101
    @wesleywallace1014 жыл бұрын

    Hey Mark, I’ve been wondering about this recently and you brought it up here so I figured I’d ask. How scalable is a forex trading strategy particularly for day traders? I’m a day trader with a relatively small account so it’s not very relevant yet. But I do expect to do this long term and have significant growth. If an account should grow to a point of 6 figures or even more, how scalable is a day trading strategy in forex at that point?

  • @ukspreadbetting

    @ukspreadbetting

    4 жыл бұрын

    I'm forwarding this to Mark, he may address it in a video in future.

  • @AntJB12345
    @AntJB123452 жыл бұрын

    What is the best platform for trading Forex?

  • @ukspreadbetting

    @ukspreadbetting

    2 жыл бұрын

    Try one of these: www.financial-spread-betting.com/spreadbetting/compare-spreads.html

  • @ragopresh9578
    @ragopresh95782 жыл бұрын

    This is basically how it works! For instance you make investment of $100, in a week you’ll get on average 200% percent back($1,000) if the investment amount is $100 and the daily expectancy is 20% = $1,100

  • @muhammedsuleiman8047
    @muhammedsuleiman80473 жыл бұрын

    hahaha I found it thanks mark!

  • @AI_01000
    @AI_010004 жыл бұрын

    None

  • @Shplinkinshploinkin
    @Shplinkinshploinkin3 жыл бұрын

    You sound like a boomer in this one