You may have mentioned this in a previous blog, but how do your ForEx gains compare to crypto? I'm biased but I'm guessing crypto gotta b like an order of magnitude greater. 🤑😝
Goodnight n sleep tight!
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You may have mentioned this in a previous blog, but how do your ForEx gains compare to crypto? I'm biased but I'm guessing crypto gotta b like an order of magnitude greater. 🤑😝
Goodnight n sleep tight!
I take it you just buy and sell crypto straight up?
Well the difference is that you can trade forex on leverage. Meaning you can control bigger position sizes through your broker. It's more for short term trading than longer term investments though.
You should definitely take a look at forex if you want to get into trading!
yea most I've ever had on margin leverage was 2.5 on polo, so not really huge sums, but given the percentage gains in crypto it was sufficient for me! Only ever used it to short and get free coins however. i assume there is less ambiguity or fewer ways to avoid taxation on forex trades tho.
I like being able to purchase Gyft cards w/ bitcoin or fund pre-paid reloadable debit cards using altcoins!!!! i guess you could say that I'm in love with the alternative lifestyle that living off crypto provides. But I've seen your posts and I might just get tempted to delve in!
While I've invested and hold crypto for the longer term, I'm not as deep into the lifestyle stuff as you yet :P
When I'm day trading forex or crypto, it really doesn't matter to me what pair I'm trading. They're all just the same patterns on a chart.
If you do get into forex (or even short term margin cyrpto) trading, just make sure that you don't get caught up in thinking about lifestyles or whatever when you're trading. They're just 'markets to trade'. Nothing more, nothing less!
I agree about emotionless trading being the way to go, only a couple of times i can remember when listening to my heart in regards to a trade worked out. technical analysis all the way!!!
I just like that I have mining rigs which give me free LTC everyday. even having worked as a mechanical engineer I could never wrap my head around the fact that I risked life and limb every day to commute to a computer, just to click a mouse for someone else. now I have computers working for me in a spare bedroom and I click the mouse button and pay myself!!!
all from the luxury of my sofa drinking coffee and watching the price is right and lets make a deal 😎