Good-Guy
VIP Contributor
Online trading is one of the most lucrative ways to make money if you know how to make money. There are many ways you could trade online. You could buy products for a low price and sell those products for higher price in order to get profits. However, one of the best ways to make money is by trading in currencies. I have been a cryptocurrency trader for some time and I plan to trade more. I am also planning to get into forex trading and I think the only difference between cryptocurrency trading and forex trading is that cryptocurrency trading involves trading of electronic currencies and tokens whereas forex trading refers to sale and purchase of fiat instruments that are released by the governments and hold a specific value as determined by the government.
Cryptocurrencies might not be regulated by the government. However, this is not the case with fiat currencies. There might be major differences between the two and cryptocurrencies might be more volatile as compared to fiat currencies. However, sometimes, fiat currencies might also lose value. I have tried dealing in fiat currency trading and I might get into it again if I understand how it works. But which one is better? Forex trading or cryptocurrency trading?
Cryptocurrencies might not be regulated by the government. However, this is not the case with fiat currencies. There might be major differences between the two and cryptocurrencies might be more volatile as compared to fiat currencies. However, sometimes, fiat currencies might also lose value. I have tried dealing in fiat currency trading and I might get into it again if I understand how it works. But which one is better? Forex trading or cryptocurrency trading?
