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Is Forex Trading Less Riskier As Compared To Cryptocurrency Trading?
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[QUOTE="btaliat, post: 218642, member: 26390"] I won't even be quick to say which one is less riskier than the other as both possess the same risk. The things that an investor to be wary of is how to reduce the risk and not how to run away from the risk because the risk in the two is inevitable. The first thing to do is to know the principles that guide the two schemes. We need to have the full knowledge of how the two work before we venture into either of them. When we have the knowledge, we will know how to trade in a more safe way. Another thing is to trade with what we can afford to lose. Just like I said earlier. It is just like a business where you can not run away from loses no matter how smart you are, you can only mitigate against the loss to reduce it. So to mitigate the loss in both forex and crypt, we need to trade with money that we can afford to lose. Then we should make sure we use all the tools put in osxe to prevent loss. There is stop loss feature in both schemes, when the market is not going in our direction, we can prevent further loss by utilizing the feature. [/QUOTE]
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Is Forex Trading Less Riskier As Compared To Cryptocurrency Trading?
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