crypto currency trading and Forex trading which is which?

[Stardom22]

In the truth of the matter, both of the ventures are very risky and one can loose all of the capital while trading if care isn't taken.So which one of the two do you prefer using and what your experience?

 

[Suba]

In my opinion, even though both are high risk, crypto is still higher risk. forex is controlled by central banks in all countries, while crypto is controlled by supply and demand, so crypto volatility is higher, but both can apply the same technical analysis. so that all crypto traders will easily adjust if entering forex trading or vice versa.

 

[Webster]

In the truth of the matter, both of the ventures are very risky and one can loose all of the capital while trading if care isn't taken.So which one of the two do you prefer using and what your experience?

Crypto because its not tied to fiat currencies.
That's not to say Forex (foreign currency exchange) trading isn't good but there you're dealing with a currency that can collapse if the economy goes south (just look at Argentina in past years).

 

[magnus2022]

Cryptocurrency is far volatile than forex. Cryptocurrency is controlled by only demand and supply unlike forex which is regulated by central banks and demand and supply. Forex is tightly regulated and you can not easily make high margin profit. Cryptocurrencies can jump and make huge profit for traders.

 

[eLdavis]

I have never tried crypto trading before, because I do not have any knowledge about it. Forex trading on the other hand, I have some experience in this aspect, though it was not a beautiful one but I still plan to give it a go again pretty soon.