All potential risks and potential returns are the same
Differences between Cryptocurrency FX and Foreign Exchange
Cryptocurrency FX
The reason profits seem easier to come by is a mislead
Compared to the forex market, the relationship of pips makes it seem easier to profit
In reality, the potential risk is higher than in forex
In the case of forex, it is the same as cryptocurrency FX
Even if it looks different
the ultimate potential risk ends up being the same
The range of price movement varies
This is not contrarian but should be considered in a trend-following way
It only changes the state of contrarian to trend-following, but
if you approach it with the idea of trend-following contrarian only in this moment, the potential risk turns into return
This is what markets do all the time
Therefore, the idea of trading with a stop loss does not change
From the perspective of potential risk
There is a common notion of choosing it as a side job, but that is a myth
In reality, you must proactively aim for a low-risk scenario such as a monthly yield of around 2%
If you do not take that, you would need a logic that only moves funds around,
but adopting such a logic wastes opportunities
※ If you want to keep earning with FX, go here ↓
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