Of course, this is a question that all traders have to ask themselves, but a lot of it comes down to which type of trading environment sounds better to you. Forex trading can offer more built-in stability, as well as an industry with deeper roots, more infrastructure and clear regulation. However, the room for upside in this market may not be as extreme as cryptocurrency can offer. If you’re interested in finding a broker to get involved, check out FX-List for a comprehensive collection from around the world. Also note that many FX brokers are now offering cryptocurrency options, though the terms on these trades will obviously vary case-by-case.
Cryptocurrency trading is certainly more of a “wild west” market, and the risks are greater, but there is potential for massive returns that would be unlikely to be found by investing in traditional currencies. If this sounds better, then getting involved with one of the larger and more reputable exchanges is probably your best first step. Companies like Coinbase, Binance and Gemini all offer straightforward access for beginners, as well as more advanced tools for if and when you want to take your trading to the next level.
Continue Reading on Coin Telegraph
