Between forex and bitcoin trading, which is easier to analyse?

[Syldan]

Well I can't tell exactly but I believe both are some how difficult to analyse or even predict to some extent.

There are alot of uncertainties associated with the issue of either forex, bitcoin and any other transactions online.

 

[HK World]

Individual knowledge and preferences about forex and bitcoin will determine the ease at which you can carry out a successful trade in each of those investment programs. The forex experts believed that trading Forex and analysing the forex market is much more easier than what you would experience in cryptocurrency trading.

The ease of analysis depends on the individual trader's experience and preference, and both forex and Bitcoin trading require a solid understanding of market analysis tools and strategies to be successful.

 

[Emmy]

Bitcoin trading is easier to understand and analyze while forex is not easy because economy is not always stable and unpredictable due to many factors like political party and all the likes. However Bitcoin trading could bring forth profit in the process of buying and selling.

 

[Syldan]

Well your ability to analyse sometimes depends on the knowledge you have about the trading and personally sometimes I felt it's not that easy to because of it unpredictable market nature.

 

[Danny4cash]

Well, I don't know much about the two. But what I think before is that cryptocurrency trading is easier to analyse than forex trading. Cryptocurrency trading don't require much analysis if you're current with what's going on.

 

[eLdavis]

For me i would go with forex trading, but my answer is mostly influenced by the fact that i have never actually done crypto trading once before, so i do not really know anything about it. I feel it would be a lot more difficult.

 

[Nomad]

The Forex market is based on the economy of the country. Things like inflation, GDP, foreign reserve, trade deficit, international trade, commerce, etc., determine the price of a currency. However, bitcoin is speculative assets. The value is what people believe in. Therefore, it is easier to analyze forex market.

 

[Heatman]

Individual knowledge and preferences about forex and bitcoin will determine the ease at which you can carry out a successful trade in each of those investment programs. The forex experts believed that trading Forex and analysing the forex market is much more easier than what you would experience in cryptocurrency trading.

Honestly, both of them are almost the same thing. If you can analyse Bitcoin,with that knowledge you can be able to do the same thing with Forex trading. The only thing that you're going to look out of when doing your analyses is the time frame you want to use for your analysis.