Crypto trading vs stock & shares

[Heatman]

It may be that for many people stock trading can be somewhat more complex because there is more data to analyze, such as the finances of that company, that is, debts, cash flows, hiring or firing, advances in the industry, possible collaborations and much more, but if you learn to analyze individual companies it can be as profitable as trading with crypto or forex, and anyway, if you find it difficult to analyze companies, you can always try indexes, which is simpler in my opinion.

Yeah, I believe that it's going to take more to be into stock market trading. I just haven't been able to put my interest into studying it because how difficult can it be when compared to what it takes to analyse Forex market and trade in it. It's not easy either, in fact none of them are meant to be easy, otherwise all will be inside it.

 

[Nomad]

Crypto is mainly an unregulated market, anyone can start trading. All you need is account on an exchange and some funds to get started. However, in order to trade stocks, you need to fulfill a lot of legal formalities, you need a brokerage account.

 

[Heatman]

Crypto is mainly an unregulated market, anyone can start trading. All you need is account on an exchange and some funds to get started. However, in order to trade stocks, you need to fulfill a lot of legal formalities, you need a brokerage account.

All these legal formalities and more requirements to be met before you can start trading stocks is the reason why I haven't really put much effort into it. If it's something like what's needed to start trading Forex, I wouldn't find it challenging at all.

 

[Nomad]

All these legal formalities and more requirements to be met before you can start trading stocks is the reason why I haven't really put much effort into it. If it's something like what's needed to start trading Forex, I wouldn't find it challenging at all.

Well, if you use trading platform like Robinhood and Webull, you can start trading stocks immediately. However, the problem with these platforms is their services are limited to handful of counties. If you want to trade in the local market, you need a license and the process can be very difficult.