The market of cryptocurrencies and the Forex market are very popular nowadays, in both the Traders operate looking to take profits from this, but in itself what market is the most recommended for people to do Trading? While cryptocurrency is growing, it is too volatile even more than the Forex market, which makes people wonder what can be better.
The Forex market has many more years than the cryptocurrency market which makes it more popular and although both markets have a high volatility that of cryptos is much more volatile than any other and in this aspect can be more controlled the risks in the Forex market having greater chances of maximizing profits.
Trading involves a high risk of capital loss but in the same way a professional Trader can earn money and although today operating with cryptocurrencies has become a trend it may not be as good, due to the fact that it is the most important market. volatile to operate independently of the asset that is used. The price variations in the cryptos are very broad and although you can earn money you can also lose quickly by making the risks more controllable in Forex by having less volatility.
What makes the cryptocurrency market more volatile than the Forex market?
The Forex market, as is known, is decentralized, as is that of cryptocurrencies, but what happens? forex currencies and assets are regulated and in the crypto market the cryptocurrencies are not regulated and are decentralized where the fact that both the market and the assets present in it are totally decentralized.
By presenting this, the variation in the price of assets in the cryptocurrency market is allowed to be much higher, which in turn leads to a much higher volatility where prices rise and fall widely, while in the Forex market, Although the variations are present in the same way when dealing with currencies regulated by the countries, their prices remain much more stable despite the volatility.
Should I operate with cryptocurrencies?
The objective of this publication is to say that the market is more profitable to operate in terms of the possibility of controlling more the risk of capital loss that as I said is always present, now, if you ask me if you should trade with cryptocurrencies, my answer is that if you do it but very infrequently and using Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
Operating in both markets can generate potential benefits but what happens if both are compared? it can be concluded that Forex is much better and therefore operating with cryptocurrencies is not profitable when viewed from this point of view. Now if you only talk about cryptocurrencies in this publication I would tell you to use them because they are very good assets but as I said with a lot of care and using certain cryptoactives.
Currently cryptocurrencies show a clear downward trend
The main cryptocurrency is Bitcoin because it is the most expensive, the variation of its price even affects other cryptocurrencies and partly because of this the tendency of this market in the last months of 2018 and 2019 has been downward, However, at certain moments this pattern has been broken, but in the same way it frequently reigns again where in turn the high and exaggerated volatility of which I speak is presented.
In the event that in the future the price of cryptocurrencies begins to rise and its trend is upward in most cases you can take advantage of this to operate more with these assets as it is better that way. While profits can be achieved with any trend, either up or down, it is advisable to operate more with cryptoactives when their prices are rising.
What Broker is recommended to do Forex Trading and cryptocurrencies?
With regard to the Broker that I recommend to do Forex Trading and with cryptocurrencies that is InstaForex a company would be, safe and 100% transparent, beyond the services of Forex investments and with cryptocurrencies also offer services to invest with Binary Options.
InstaForex is known for being one of the most recommended brokers to operate in the market, in the case of the cryptocurrency market I recommend you use Bitcoin as the main instrument to operate, if you need more information InstaForex visit the entry «Broker InstaForex to operate in Forex «and for Binary Options visit» InstaForex Broker Binary Options «.