I was always attracted to trading. When I was in my early twenties I started trading the financial markets. At first it was mutual funds, and stocks, but it wasn't enough for me. I wanted to be able to make a lot of money relatively quickly, and was willing to take the risks, so I started trading options. Later I discovered the world of Forex (foreign exchange) and binary options, but left when I realized how shady it was.. (more on that soon)
Recently, with the latest Bitcoin surge I came across a world that I knew existed but never really investigated or took seriously - Crypto currencies. And boy am I happy I did.
In this post I will show you why Crypto currency trading is the best kind of trading you can be involved in by comparing it to other markets. So Let's Go!
Crypto Coins VS Stocks
Stocks are similar to Crypto coins in the sense that they are both a financial asset that has value as they are a part of something. A stock is a share of a company and a Crypto coin is part of an idea / community / company etc. You can hold them for many years, and if the stock / crypto are solid the value will increase over time and you will make money. The clear advantage of Crypto currencies is that they are also traded in pairs so you can trade Bitcoin against Steem for example. In the stocks world it would be like trading Google against Apple..
As a result of this kind of trading the profit potential in crypto currencies is a lot bigger.
Crypto Currencies VS Options
Whether you are trading stock, indexes, and even binary options there are a few problems with the way they are traded. True, if you know what you are doing you can multiply your profits by more than 10 times compared to trading the actual asset. But, options are like a time bomb, the clock is ticking... Every option has an expiry date and time so the closer you get to that expiry time the more value the option loses. So, if you are really professional you can do it in a way that your risk will not be so great but many traders end up being "out of the money" and are left with noting. What I LOVE about Crypto currencies is that there is no pressure to sell. There is no expiry date. I can buy a coin and if for some reason the trade is going against me I'll just hold it until i'm in profit! The only risk is if the coin dies out completely..
Crypto VS Forex
Forex used to be my favorite market. Currency pairs makes it more interesting, and it's the biggest financial market in the world with a daily trading volume of over 5 Trillion USD (yea.. that's >$5,000,000,000,000), so there is no liquidity problem. However, unless you are a serious trader trading millions every day, you will have to use a forex broker to trade. Most brokers in the industry (even if they won't admit it) are market makers which basically means they trade against you. If you win they lose and if you lose they win... To top that the gains in forex are relatively small as most currency pairs don't move more than 1%-2% a day. In order to make it more attractive, most brokers let you trade on a 1:100 leverage. So if the pair went up 1% you can make 100%, but it goes down 1%... you lose it all. When I traded Forex I was always on pins and needles.. every trade could have been my last (even though I loved the adrenaline..:-) .
Now that I trade Crypto currencies which is just like forex BUT I can make amazing profits WITHOUT leverage so there is no real pressure here, just fun!!
Check out a recent example: On June 8th I bought Ethereum when it was at 0.09401001BTC. 
In just a few days it went up by over 50% (I'm still holding it)
To get to these results in forex you would have to trade with leverage and put your money at risk.
Crypto Coins Are Easy To Pass Around!
One of the best things in crypto currencies is how easy it is to transfer money. When you trade in conventional financial markets it is usually a hassle to deposit and withdraw your money. In crypto trading it's easy! You can literally go in to your trading account, have a great trade, click a button and send your bitcoin profits to a wallet like CEX.IO which will convert it to regular money and put it in your credit card on the spot!
So to sum it up, Crypto trading is probably the most exciting financial market you can trade right now. I hope I wet your appetite in this post to start trading Cryptos.
I would love to share my strategies and tips with the Steem community, so if you enjoyed this post and want to learn how to trade cryptos profitably, then follow me, spread the word, and share the love!
Till next time,
Crypto Trader
Dude this is awesome. Welcome to the world of crypto! I like that you can just jump in and trade, and your profits are immediate and they belong to you alone. No need for expensive brokers or hoops to jump through!
Yea.. coming from Stocks / Forex it is so refreshing to just trade, earn, an collect, without dealing with annoying sales reps and policies
What you said is correct, I am totally agreeing with it. It is better to move on Crypto currency trading rather than forex marketing or something else, here we can avoid unnecessary interference of trade brokers or any other intermediaries.
That's right, I'll move on to Crypto currencies to make profits easily and quickly. Now I am doing forex trading, it's not so easy way of making profit in fact.
Hi !
i really like your post. From your post i can understand why Why I going to Started Trading Crypto Currencies And Why I Should Too. I really agreed your thoughts for forex trading. Thanks for your help.
yeah that was a very informative topic now i know somethings about trading and crypto trading i might learn a bit more about it and start investing in it.
Yeah it is. It's a new to us anyway, by reading this, it seems very easy to earn bulk of profit.
Hey, your post is really helpful for a lot of people. It's a very good initiative. I am not much aware about the trading but your post helped me and I might start investing in it. Keep up the good work.
Thanks.
Hey My name naman .good post but can you tell me dollar and euro stocks . your post is very helpful and i read very carefully your stock post. Thank You Sir. Have a good day .
Thus great knowledge for sharing with us, you have really educated and enlightened us about the need to invest in crypto. Welcome to the world of cryptocurrencies.
You are correct. Crypto is far more profitable especially for people with low cash. However it is also very volatile like stocks see this post https://steemit.com/steem/@charles1/the-fears-in-crypto-currencies-etherium-plunge
therefore be careful. Steemit is a great place to be..powering up. Thanks for your post and stay in touch
Many people do not understand criptocurrency trading. But one thing is sure and everyone knows. You say: The only risk is if the coin dies out completely.. That's never going to happen and that's could be the primary reason why to start trading criptocurrency. The second best thing is how easy it is to transfer the money
hi i wish to learn more about criptocurrency . where i can ? thank you @creptocreep
the first time i knew about crypto currency, it made me curious. and up to now, I am learning about it and someday I would be an expert thanks to people like you who shared their knowledge.
Hello, I realy like your post, you have been followed and you can do the same here @valhalla-hash
Thanks!
And no doubt one of the best explanations I have ever read about this subject.
I have just come to this world and read a post like this can only give me motivation. Thank you for this .
regards, Alessandro
Although bitcoin is currently the most popular shopping service, it is becoming increasingly popular in the purchase of physical products. There are already some shops that have accepted it. However, they mostly require payment over the Internet. Crypto is a great way of trading. The article is very interesting and excellent.
this is agreat article,I really love it. this is the first time i knew about crypto currency, it made me curious.That new way of earning money is very interesting. I hope that those persons without experience like me will be able to access .thanks alot for your benefit wards.
That new way of earning money is very interesting? It shows that things are really improving . I hope that those persons without experience like me will be able to access without many difficulties.
This is a wonderful read. I must say that the complexities of the crypto world, is made a wee bit simple now. My two pence:- The Auto bot feature in Crypto trade is a must-have, since it uses time as a factor. The sum total of profits/losses per sec adds up to the ultimate goal of a handsome profit as it also has a Stop-Loss feature. Many thanks for this article.
I liked your post and i followed you . Its informative. You can follow me @akhilkhanma
Thanks bro ! This thread is kind of useful in many cryptocurrency trading for a problem and tips discussion good stuff for newbies who want to learn about trading and investing! I just followed you ! :D
Hi,, I never got a thing about trading, but this post helped me light things up. From now on I'm following for further tips and explanations, hope you'll post often. Thank you.
Liked your post very much.interesting topic.i just started following you.i got the point that crypto trading is most exciting trading platform i can trade .thanks for your post
Nice information, strategy and tips for people like me who still doesn't know and how the world of crypto currency works. This post enlightens me more to try how trading using crypto currency.
nice post dude and very good information about cryptocurrency.. welcome to steem i am following and also upvote your post
Dude, I like your post. I just start to learn and trade on cryptocurrency. Got the point that crypto trading is the most exciting trading platform. I’m waiting your next articles.
Yes, I agree with you. Crypto trading will be lead soon. This article very beneficial especially for me as a beginner on Crypto trading.
I love this article, this method is indeed very trusted and innovative. When you understand the power of cryptocurrency it's that simple and trading is not really that hard to understand, its really all chart reading and controlling your emotions.. Trading cryptos is almost identical to trading penny stocks.
i have always have curiosity about cryptocurrencies too, now i feel more secure about this topic too. Great article my friend, you have my support and i will be following you in your next topic and articles. keep it up.
What a find !! Thank you very much for bringing us something unknown to many people.
It's an interesting and detailed article about cryptocurrency trading. I have heard about it, but do not see the advantage to spend time on it. I hope to see a profit soon.
Now someone is talking real big deals .. me too I'm into trading especially in Cryprto currencies such as BTC, as it always go higher in price against USD for example, but I'm kind of tyro. I wish I'd been in trading as long as you were, but your precious words prove it's not too late. I hope you gonna share more of your experiences so we, greenhorn traders, can see things by the right side (:
I have been hearing about bitcoin going over 2k in the past few weeks but i didn't have the courage to invest in it because people were saying it's a temporary thing and also i just lost a lot of money trading binary options, but reading this i might give it a shot after all.
I really like your comparison of Crypto VS Forex which I feel made me think twice before going for Forex related options. I now go with crypto coins as they are easy to pass around with anyone I wanted with great security. Loved the whole article :)
Hi, thank you very much for this great information ... This is an interesting topic, I like your post and just started following you. I am just starting to learn to trade on sparkprofit. And I still do not know how to trade using crypto currency. And it looks like I want to try this too. I'm waiting for your next interesting article ..
This post was really helpful i got an insight of a whole new world regarding cryptocurrency and yes the statics shows that in future bitcoins value will increase rapidly. So it was good.
Nice topic i just like the way how do you explain crypto trading and we hope seeing it on the future ;) and thank you for sharing your strategy i really appreciate it
I'm glad you came up with such an article, the very good information you've provided. With this information I'm sure my vision of Trading Crypto is different and winning. I'm waiting for new and equally consistent articles
Nice information, strategy and tips for people like me who still doesn't know and how the world of crypto currency works. This post enlightens me more to try how trading using crypto currency.
What you write upfront is correct, I 'm entirely agreeing with you. It's better to move on Cryptocurrency trading rather than forex marketing or something else, here we can avoid unespected interference of trade brokers or any other persons.
I am fairly new to the cryptocurrency market but not to investing or trading in general. By following you I have learned a great deal of information about these crypto markets and find it so fascinating how it is still so far out from the “mainstream@ public.
I believe good due diligence on a few of these currencies will provide significant upside for many people currently looking to invest. Thank you for all of your thoughts and comments. Very helpful!
It is very interesting all this world of cryptocurrency, I am already taking my first steps, all information is especially useful.
"It is possible to earn thousands of dollars, but most authors who are doing this have put in a lot of time and work to contribute to the community and build followings." (steemit).
I have just realized why Crypto currency trading is the easiest and the best way of achieving your financial dream especially when comes to financial markets. Just in case you need to make a lot of money within the shortest period of time, then this is the only way to go. Amazing!!!
Yes I agree with you the Forex market is more for professional people who works with big Banks and big Financial Institutions.
and not to mention stocks that are at unattainable prices for the average individual now is the moment of the Cryptocurrencies
I love this post, especially your method on cryptocurrency trading. Looking good thing on trading methods and techniques, this is innovative and helped me more and more understand about online trading.
oh boy, I love trading too and I always read and search about it. i have heard lots of things about crypto currencies and I've also heard about it being the lead soon in the future. i might look and search more about it after reading and reviewing your article. thanks for sharing your experience!
thank you for this nice topic
its very nice to be here and i wish learn more
i wish you tell me more
waitting your next topic
thank you for bringing us something unknown to many people, this is an interesting topic, I like your post and just started
following you, I'm already taking my first steps, all information is especially useful I'm waiting for new articles
Great article. I am interested in crypto trading and i found useful information here. Crypto currencies can make amazing profits without leverage so there is just fun!!
This post enlightens me more to try how trading using cryptocurrency. i just started following you.i got the point that crypto trading is most exciting trading platform i can trade .thanks for your post
i've never heard of this site before . thanks to you dude
nice post.
I've always wanted to trade but I'm not sure how and where to start. I've followed you and I'm looking forward to your next posts!
Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster. This post act as the best guide on Cryptocurrency trading and how to trade successfully. Thanks for sharing the information.
Nice post to move on Crypto currency trading rather than forex marketing or something else, here we can avoid unnecessary interference of trade brokers or any other intermediaries. I like the post about Crypto currency.
Dude you just found out an alternative to stocks and really doing great on that. Thanks for sharing crypto currency to us. With all the positives you have mentioned regarding crypto, its a must try for me.
I like that you can just jump in and trade, and your profits are immediate . It's an interesting and detailed article about cryptocurrency trading. I have heard about it, I hope to see a profit soon
Thanks to your valuable information about Trading Crypto Currencies . I have so many doubts about Trading crypto currencies.. Now I have confidence to invest in trading crypto currencies. .. Thanks a lot..