Which is Easier to Trade for Beginners, Forex or Crypto?
When venturing into the world of trading, beginners often stand at a crossroads, pondering whether to start their journey with Forex (foreign exchange) or cryptocurrencies. Both markets have unique characteristics, benefits, and risks, and the better option largely depends on the individual’s goals, resources, knowledge, risk tolerance, and the trading environment. In this article, we’ll delve into both markets to help beginners make an informed decision. Article Source: Coinlive.me Understanding Forex Trading Forex, the largest financial market globally, involves buying and selling currencies to profit from exchange rate fluctuations on a Forex app or Forex desktop platform. The market is known for its high liquidity, meaning large currencies can be bought and sold without significantly affecting the market price. This decentralized market operates 24 hours a day, five days a week , encompassing the trading of currencies across time zones. The currency exchange rate f...