Is crypto more profitable than Forex and stocks? I find out!

By MadMaxx | Psycho Crypto | 17 Jan 2020


The crypto market is amazing, and I won't trade it for the stock market or Forex.

But many hardened Forex traders spit in crypto's face, saying it's a 'phase' and that it'll soon be gone like the wind.

Don't let me get started on fundamental stock traders.

So who is right? Which market is the best?

Well, I personally am an above average trader with over 5 years of experience and more net wins than losses. 

And I have traded both the Forex and Stock markets, as well as the crypto market.

My personal favourite is the crypto market(disclaimer) but that won't make me biased.

In a recent experiment, I decided to place $50 into all three markets, and see the ones that gave me money at the end of the day.

While doing nothing to the trades at all.

Yes, I simply 'bought' the commodities and left them alone. I didn't make any trades. I didn't sell or buy. I just bought and checked up with it after 24 hours.

How did it go?

Well, I'll first have to tell you what I bought.

So I bought $50 worth of BTC, $50 worth of DANGCEM and $50 worth of CHF/USD(I did margin my trade in forex, because $50 us way too miniscule an amount to even think of starting with. I used 1:50 leverage, giving my total equity an extra $2450)

How did it go?

Well, my BTC investment was up by 1.03%, and my DANGCEM was up 0.60%. My CHF/USD was down about 38 pips, and it wasn't showing any signs of rebounding soon.

So what did I conclude with?

Obviously, this experiment was in no way scientific.

But that's how a beginner with no experience would probably invest. But and hold.

And checking up on his investment the next day would be very exciting for him to see that it's up 1 or 2 percent.

That's why I didn't trade at all.

I obviously can't say for sure which market is better, but if I were to choose, I'd go with the crypto market.

Simply because there's more opportunity there to make(and lose) money.

Did I leave anything out? Tell me down below!

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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