Someone asked...
You are more into the Cryptocurrency market compared to the Forex market.
YES, and here is the thing...
Read the trend to the end, so that your eye can also be opened to somethings you have probably ignored or do not even for one second count.
I will talk about some little differentiation between the ForexMarket and the CryptocurrencyMarket.
The simple difference is... More opportunities, more money.
Now what do I mean?
I will be very brief...
Now, the ForexMarket market as the FX traders know is all about buying and selling to make money
Literally, You are forecasting if a particular currency pair will sell or will buy, and you place trade towards that direction you forecasted.
If your analysis was right, then you make money.
And on the other hand if wrong, you lose money.
That is just the only way the ForexMarket market operates
Of course, the buying and selling requires a high technical and fundamental analysis.
Above are the common once, and there is more to it.
Cryptocurrency gives you an opportunity to stay more connected to the world next revolution.
#ATip
The world is moving away from the fiat money. And moving to #digitalmoney which can function as an #asset
So, why should I stick alone with Forex?
Why shouldn't I exploit this space of Opportunities?.
It feels good in Forex, but it feels great in Cryptocurrency.
Think about it
Now, someone may ask...
Do you still trade the ForexMarket?
YES, absolutely yes.
But I'm more of an intra-trader in Forex. (What I mean is, I leave most trades for days).
Which means much of my attention isn't needed
More of my attention is where research and more section of money lies...
Literally, I make money in Forex.
I make more in Cryptocurrency.
Because, the futures market is just like the Forex market, the only difference is...
You trade currencies in Forex, and you trade Cryptocurrencies in futures trading.
Other section in crypto include what I mentioned above, like the spot trading..
In spot trading, you don't #lose(note that)
Which gives you less risk compared with Forex and futures with more risk
P.s= Do not act on what I said that you don't lose in spot trading of Cryptocurrency, of course if you practice at home, You bear the loss yourself.
Learn the way
Basically, to cut this trend and clear the air.
Forex is good. ( Can be risky for beginners, requires a very high Technical skill)
Cryptocurrency is better. (Can be risky because it also requires high level of technical analysis and researches, but still better for beginners, because of less risk and more options to navigate)
Now, is this a fact or an opinion?
Well, from my end, it's a fact. But can be an opinion to you.
It's a fact because I have students in both angles, and have seen how both sides of the coin as a person.
Infact, I'm an expert in both side of the coin
Now, a piece of advise?
Are you into Forex?
Add Cryptocurrency to your course. It will exploit you more in the digital space
Are you into Cryptocurrency?
You might want to join Forex. Why?
It will expand your technical and psychology skill
Forex requires a very high skill, so it helps
I hope this helps...
Need a teacher and not a Preacher to take you through this digital skill journey?
10 Steps To Find the Next 100x Crypto Gem Before Everyone Else.
1. The team behind the coin: Visit the website and look who is the team behind it. Try to find Partnerships with other big projects.
2. Attention:
Is there attention on this coin yet? Have people found out about it yet?
3. Analyzing the smart contract:
the smart contract can mint new tokens, how many tokens he holds, and how the distribution was made. It also helps to check if any exploits due to bugs in the code are possible.