I think I prefer Forex Trading to an extent

I started my trading journey most notably crypot at first 3 years ago and back then it was the type of trading that involves hodling. I mean what we called spot trading

As time goes on and as one knowledge begins to expand, I begin to try out other aspect of Crypto trading which future trading was part also was beginning to pop up and I beginning to gain experience from it

Times later, I was introduced to Forex trading and also started my journey in Forex trading, watching several videos on Forex video, reading articles and listening to people experience about what they had about their Forex trading journey and it start to look like a bargain.

pexelsphoto159888.jpeg

Image Source

Years later, I begin to compare which one should one go for between crypto trading and Forex trading and a lot of people have really asked me that question several times. One thing I always asked is what is your own perspective about Finances. Well for me to an extent, I prefer Forex trading.

Even if Crypto trading seems to be one of my favourite if not the favourite, the major high level of dominance that Bitcoin exhibited upon all other coin in the crypto space make me to prefer Forex to an extent. Have you not noticed that anytime there is a massive drop in the price of bitcoin, all other coin follows. This is at times not good for Crypto traders

You might have made all the necessary predictions and analysis for some coins and discover it will work out well only for you to find out that there was a sudden bleed from nowhere on the giant of crypto space bitcoin which affected your coin. Yes it has happened to me before

But come to Forex trading, it hardly happened because there is no pair that exhibited greater dominance than the rest in the world of Forex trading

Mind you, Forex trading also have its own side as I believe at times fundamental and news really affect the currency pair in Forex trading which also plays a major role in the other side of the Forex trading

Well at the end of the day, I strongly believe it depends on your choice and the one you feel accustom to.

Posted Using LeoFinance Beta



0
0
0.000
7 comments
avatar

Congratulations @temileke! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Our Hive Power Delegations to the August PUM Winners
Feedback from the September 1st Hive Power Up Day
Hive Power Up Month Challenge 2022-08 - Winners List
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000