Transition from Forex: A Time for Personal Change

[ForexTrader07]

Hello, my name is Jirka. A few years ago, I dove into the world of FOREX and trading. I was attracted to FOREX by its dynamism and potential, so I started studying charts intensively, testing strategies, and trying to build a solid foundation. It wasn’t easy – I spent some sleepless nights wondering if I had made the right decisions. Gradually, I became a relatively stable trader, but something started to feel missing. I felt that FOREX no longer gave me what I needed – a more volatile environment, especially as a trader who focuses on time frames around 4 hours.

One day, I accidentally stumbled upon an article about cryptocurrencies. To be honest, I was quite skeptical at first. Crypto was unfamiliar and a bit intimidating to me. But the more I learned about it, the more it captivated me. I realized that cryptocurrencies not only have the potential for profit but also the possibility of being part of something bigger – something that could fundamentally impact the future of finance.

I decided to make a change and switched to Bybit. It turned out to be a great choice for me. On this platform, I’m achieving better results than on FOREX, which confirmed that it was the right path. For example, I manage to generate around 3-4% profit per month on my portfolio. I’m a big fan of derivative fading and often use the GRID bots that Bybit offers.

If any of you are considering trying something new, I’d be happy to share my experience, and perhaps it might help you discover new opportunities. Here’s my registration link. If you deposit at least $100, you’ll receive a $10 bonus and can qualify for up to $6,045 in bonuses.

Link for registration and rewards

I apologize if this comes across as SPAM to anyone, but I wanted to share something that made a significant change for me.

I wish you lots of success in trading, strong nerves, and great profits )

 

[Polakandil]

In my opinion, the crypto and forex markets are both equally risky, especially the risk of high volatility. One thing that might interest crypto investors is that they might earn profits from staking by delegating a certain amount of crypto coins that the network uses to validate transactions.

 

[Lee.me]

The potential is much higher in the crypto market, but that can go both ways. You can certainly make a lot more money in crypto though which is very alluring.

 

[Imogen Beaumont]

You can make more money on crypto, but it's just too volatile you can also lose all your money, I personally stay away from it, little by little in forex is my way to go.

 

[Polakandil]

You can make more money on crypto, but it's just too volatile you can also lose all your money, I personally stay away from it, little by little in forex is my way to go.

The crypto market is very volatile, and the impact of this high volatility is on potential risk and gain. Crypto and forex investments require patience and strategy. However, both are not get-rich-quick schemes.

 

[Imogen Beaumont]

The crypto market is very volatile, and the impact of this high volatility is on potential risk and gain. Crypto and forex investments require patience and strategy. However, both are not get-rich-quick schemes.

Yes, none of them are get-rich-quick, but I am just saying the money you can make in the crypto market can be a lot bigger than forex, with a similar set of skills.

 

[Polakandil]

Yes, none of them are get-rich-quick, but I am just saying the money you can make in the crypto market can be a lot bigger than forex, with a similar set of skills.

I think depends on another factor apart from skills like leverage, and the number of capital. Trading crypto through an exchanger is different from a CFD broker, the risk is lower when trading through an exchanger because not use leverage despite the gain also being lower.

 

[Imogen Beaumont]

Yes, if you use an exchange that can be the case, but mate I am out here talking about trading crypto on a brokerage. Many of them out there have offers and promotions that will reduce your costs a lot without increasing the risk.

 

[Lee.me]

Yes, if you use an exchange that can be the case, but mate I am out here talking about trading crypto on a brokerage. Many of them out there have offers and promotions that will reduce your costs a lot without increasing the risk.

Do you mind mentioning a few of those promotions to us?

 

[Imogen Beaumont]

Do you mind mentioning a few of those promotions to us?

For one thing one of the brokers that I worked with had a margin percentage on offer, you only need to pay 20% of the actual margin to open a position, which was very decent for me at least.

 

[Polakandil]

Indeed, the opportunity to trade crypto with leverage through a broker provides other opportunities in forex trading, the risk is indeed high in trading with leverage, even though the broker I use also provides crypto trading such as BTCUSD, ETHUSD, etc. It's very rare to trade crypto if I predict the price is already very high supposed overbought. I mostly trade forex mainly major pairs.

 

[LeoFx]

Consistent losses in trading can result from poor risk management, emotional decision-making, lack of a solid strategy, or overtrading. Traders may also fail to adapt to market changes, use improper leverage, or rely too heavily on speculation instead of analysis, leading to repeated mistakes and financial setbacks. LQDFX broker provides high security of funding and such facilities that will help you maintain risk management policy in trading.