Which is more volatile: cryptocurrency or forex?

[Enxx]

Trading is the choice of most us. There are some that only focus on trading forex while some focus on cryptocurrency and also some are into the two like I do. Trading to make profit depends on the volatility of the market.
So which one is more volatile?

 

[Suba]

Of course the volatility of crypto is higher than forex, because no one controls crypto, prices are purely influenced by the market, while forex (currency) is controlled by the government, such as the USD by the United States government, so that the government can fully control interest rates and inflation.

 

[Hate2Wait]

I don't have any experience of forex so I can say about cryptocurrency and it's so much volatile and this is how it helps us make money.

 

[Stardom22]

I think the most volatile is the crypto currency. This is because the price of crypto coins depends on the international market trends.

 

[Suba]

I think the most volatile is the crypto currency. This is because the price of crypto coins depends on the international market trends.

I agree with you, No government of a country can fully control crypto, they can only limit the scope movement. Meanwhile, forex or the exchange rate of a country's currency is made and determined by the country itself. thus influenced by inflation and interest rates, or war news.

 

[Enxx]

I agree with you, No government of a country can fully control crypto, they can only limit the scope movement. Meanwhile, forex or the exchange rate of a country's currency is made and determined by the country itself. thus influenced by inflation and interest rates, or war news.

Not that they can not fully control cryptocurrency but they have no control at all over cryptocurrency

 

[flower]

It is very obvious that cryptocurrency is more volatile than Forex.

 

[eldavis]

Personally i do not know, but i think it is mainly based on the trader. I have come across some who feel trading in crypto is more volatile while some feel otherwise.

 

[Suba]

Personally i do not know, but i think it is mainly based on the trader. I have come across some who feel trading in crypto is more volatile while some feel otherwise.

You are right, fundamentally cryptocurrency has no definite basis, it is only controlled by market supply and demand, so its value is always erratic and difficult to predict, very different from forex if there is a problem with a country then the value of that country's currency will sag.

 

[Sophie]

Crypto currency is far more volatile than forex trading that's why it has been said that prices often crash in crypto but once you study your chart properly it's easy to cash out in forex trading

 

[relcap23]

Crypto is far more volatile than forex. Sudden and abrupt rise and fall of price is very characteristic of crypto. Forex is controlled by economic factors and monitored by the government.

 

[Stardom22]

As far as I am concerned, I think that Crypto currency is more volatile than the Forex. However both of the ventures requires someone's lack for the success for them.

 

[Springtime]

I do not know much about crypto. My impression is crypto is more volatile because currently there are not much rules to regulate the crypto trading market. I noted that the value of crypto may rise and fall abruptly.

 

[Stardom22]

Concerning the volatility issue, I think it's of more stressed to the crypto currency than the Forex trading. This is because volatility is the relation on the the change of the Crypto currency prices.

 

[uptrendfinancialsignal]

Of course, cryptocurrency is far volatile than Forex.

 

[cherry123]

These two are really risks things to indulge hut i want to believe that the volatility of crypto is higher than forex as no one controls crypto, unlike forex though

 

[Ratine]

For me l think that the cryptocurrency is more volatile than the forex. This is through the virtue at which the the behavior for the movement in the prices for bitcoin in the market can't be predicted.

 

[nomad]

I do not have any experience with forex but based on my experience crypto is very volatile. If you take just a few seconds to make a decision, you will be already losing a lot of money in crypto market