Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Is there a difference between Crypto trading and forex trading?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Suba, post: 242202, member: 3658"] The main difference between forex trading and crypto trading is the type of asset being traded. the difference between the two economic and fundamental data that we use for decision making and analysis is also different, Forex For fundamental analysis, forex traders will look for news on the state of a country whose currency pair we use, for example USD/RUB, of course we will see or look for news about the state of the Russian economy, traders will also pay attention to the sentiment of economic data in America so that we will get what information which affects the market's interest in the USD, so in general we analyze both ways. The state of forex is also greatly influenced by global economic conditions such as the Covid-19 pandemic. Cryptocurrency For the fundamental aspects of crypto we rely on blockchain news both updates and inserts new features, changes from PoW to PoS, tweets of famous people, Big transactions both sales and purchases. Currently, crypto is used more as a safe haven than as a trading instrument. Because currently more amount of crypto is stored on exchanges than traded. there is no fee for storing on crypto exchanges, while if we save fiat money at a forex broker, we will be charged an overnight fee. To my knowledge more people use swing trading than day trading crypto. Crypto trading is done 24/7, whereas forex trading is done only 24/5. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Is there a difference between Crypto trading and forex trading?
Top