Which investment is considered high-risk, bitcoin or forex trading?

[HK World]

Forex trading and Bitcoin investments are considered high-risk activities and involve a significant degree of speculation.

If you are a newbie, seeking advice from a financial advisor may be helpful in making informed investment decisions.

What are your thoughts and experiences with both of them?

 

[Mayorla]

I do not think either Bitcoin or Forex trading is high-risk. If you understand how either of them works, Then you would know it is not high risk. But left to me, I would prefer investing in Crypto than trading Forex.

 

[James]

To be honest both are risky because you can easily lose money in both but from my experience, crypto still highly risky because of high up and down and you can easily make more money and lost money in few hours just like it happened couple of weeks ago.

 

[Jonaville]

Forex trading and Bitcoin investments are considered high-risk activities and involve a significant degree of speculation.

If you are a newbie, seeking advice from a financial advisor may be helpful in making informed investment decisions.

What are your thoughts and experiences with both of them?

I believe that this depends on the level of expertise but I think forex trading is more risky and difficult than cryptocurrency trading because I have tried the two before

 

[Nomad]

You can avoid selling your bitcoins when the market is down and minimize your investing risks. However, this is not possible when you are involved with forex trading.

 

[Riberet19]

Well I think that both carry a high level of risk, in my case I consider that it is also depends on the person and their knowledge, in my case forex would be riskier at this time because I understand the cryptographic market much better.

 

[Bango]

it depends. I think both of them are very risky. For example, Bitcoin fell from $60,000 to $15,000, and this was not the first time. But in general, I think forex trading is more risky. It is more stressful in my opinion

 

[Ononivami]

Apparently both bitcoin and forex are high-risk investment and you need to have relevant experience before you can keep tab of their volatility . More so, it is very crucial to understand the ins-and-outs of the trades before you can jump on it.

 

[eLdavis]

I don't really know much about Bitcoin or crypto trading though but i know for a fact that forex trading is a high risk investment, speaking from experience anything can happen. So many traders have lost all they had in just seconds.

 

[Good-Person]

Well I think that both carry a high level of risk, in my case I consider that it is also depends on the person and their knowledge, in my case forex would be riskier at this time because I understand the cryptographic market much better.

I think that both of them are risky if you do not use stop loss feature while trading. Stop loss can help traders to minimise their losses to much extent and allow them to trade once again when the market is up.

 

[Laurentta]

In my opinion, both bit coin and forex trading is high risk. They are both something that one does not just jump into unless one is ready to lose one's money.

 

[kirubel]

Both have their own risks but trading with bitcoin is way riskier than forex trading, that's because since bitcoins price have very high and fast price variation its very risky to trade with without a knowledge and experience, but its simple to start bitcoin trading than forex trading.

 

[James]

Both Bitcoin and forex trading can offer significant profit opportunities, but they also carry considerable risk. It's crucial for investors and traders to have a solid understanding of the markets, implement risk management strategies, and avoid investing more than they can afford to lose. If you are considering either option, it's advisable to conduct thorough research, educate yourself about the markets, and start with small investments to gain experience.