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Crypto & Forex

Cryptocurrency & Forex trading community for trading and investing in digital assets. Connect with like-minded individuals, stay updated on market trends, and explore new investment opportunities.

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Genevie
GenevieActive Contributor
Asked: August 30, 2023In: Crypto & Forex

Other than crypto what other types of digital asset?

There are many types of digital assets. For instance, there are the documents and photos we save on our computer and widely share with others as digital media files. These types of digital media assets generally have no monetary or ...Read more

There are many types of digital assets. For instance, there are the documents and photos we save on our computer and widely share with others as digital media files. These types of digital media assets generally have no monetary or investment value. They are representations of value that are generated and stored digitally. What other types of digital assets do you know?

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  1. Doris
    Doris Active Contributor I\'m no taciturn person. I\'m passionate about learning new things.
    Added an answer on August 30, 2023 at 12:51 pm

    Apart from cryptocurrencies, several types of digital assets truly exist. Firstly, tokenized assets represent ownership of physical assets like real estate or even art in digital form. Non-fungible tokens called (NFTs) are unique digital items like digital art, collectibles, or even virtual real estRead more

    Apart from cryptocurrencies, several types of digital assets truly exist. Firstly, tokenized assets represent ownership of physical assets like real estate or even art in digital form. Non-fungible tokens called (NFTs) are unique digital items like digital art, collectibles, or even virtual real estate. Stablecoins are also digital assets pegged to stable assets like fiat currency, offering stability in value. Security tokens are widely regulated digital assets representing ownership in traditional assets like stocks or bonds. Digital fiat currencies are digital versions of government-issued currencies. Central bank digital currencies (CBDCs) are official digital versions of a country’s currency. These several digital assets offer diverse investment and use-case opportunities to individuals beyond cryptocurrencies.

     

     

     

     

     

     

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tray599
tray599Knowledge Seeker
Asked: August 9, 2025In: Crypto & Forex

How many months can we trade in demo account before proceeding to real trading plartform in forex trading?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on August 10, 2025 at 2:08 am

    There’s no fixed number of months, but a good rule of thumb is to trade on a demo account for at least 3 to 6 months. The key isn’t just time it’s consistency. You should only consider switching to a real account once you’re consistently profitable on demo, have a clear strategy, understand risk manRead more

    There’s no fixed number of months, but a good rule of thumb is to trade on a demo account for at least 3 to 6 months. The key isn’t just time it’s consistency. You should only consider switching to a real account once you’re consistently profitable on demo, have a clear strategy, understand risk management, and can control your emotions. If you’re still making emotional decisions or changing strategies often, stay on demo longer. The goal is to build habits and confidence not rush into real trading with real money.

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Lastborn
LastbornNewcomer
Asked: October 8, 2025In: Crypto & Forex

How am I going to enter trades?

This is one of the more simplistic parts of the trading plan, as this will often be dictated by the trading strategy (or strategies) itself. I want to make sure that I’ve written out the exact situation that I am ...Read more

This is one of the more simplistic parts of the trading plan, as this will often be dictated by the trading strategy (or strategies) itself. I want to make sure that I’ve written out the exact situation that I am looking for.

 

If I were using the ‘Model Strategy,’ that David and Tim had used in “When is the Best Time of Day to Trade Forex?”this section of the trading plan would read:

 

I’m looking to trade RSI crossovers between 2:00 PM EST and 6:00 AM EST

 

  • I want this to be as descriptive of the strategy as possible in this section.

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  1. Musab
    Musab Active Contributor
    Added an answer on October 9, 2025 at 5:48 am

    The only thing you is by starting with a demo account to practice. study technical and fundamental analysis to understand price movements and market trends. develop a trading plan with clear entry, exit, and risk management rules. start small, using only capital that can be risked without financialRead more

    The only thing you is by starting with a demo account to practice. study technical and fundamental analysis to understand price movements and market trends. develop a trading plan with clear entry, exit, and risk management rules. start small, using only capital that can be risked without financial strain. stay disciplined, avoiding emotional decisions driven by fear or greed. monitor trades and review performance regularly to learn from mistakes. continuous education and adapting to market changes are key to success.

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eldavis
eldavisEnlightened Mentor
Asked: September 19, 2025In: Crypto & Forex

Is there an app i can use to learn candle sticks and charts?

I want to focus on entry points, supports and resistance, but to fully understand this, i need to be able to read charts. Is there an app i can use to learn this?

I want to focus on entry points, supports and resistance, but to fully understand this, i need to be able to read charts. Is there an app i can use to learn this?

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  1. tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on September 24, 2025 at 4:26 am

    There are alot of app which you can use to learn candle stick and chart,you can start by using the demo account, You can also use YouTube,this will be so helpful and decent way for you to learn. You can hire a mentor who has been trading forex for a long time he can help you understand how candle stRead more

    There are alot of app which you can use to learn candle stick and chart,you can start by using the demo account,

    You can also use YouTube,this will be so helpful and decent way for you to learn.

    You can hire a mentor who has been trading forex for a long time he can help you understand how candle stick work better.

    Those app you see sometimes it’s hard for you to understand them yourself properly.

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Crystal
CrystalKnowledge Seeker
Asked: August 18, 2023In: Crypto & Forex

Why doing research important in any cryptocurrency project?

Why’s it important to do your own research before joined crypto project ? Because businesses and organizations conduct research to identify areas for improvement, understand customer needs, and stay competitive in a rapidly changing environment. But when coming to blockchain, all platform ...Read more

Why’s it important to do your own research before joined crypto project ?

Because businesses and organizations conduct research to identify areas for improvement, understand customer needs, and stay competitive in a rapidly changing environment.

But when coming to blockchain, all platform encourage investors to investigate and do some research before investing in any cryptocurrency project.

Why ?

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  1. Mika
    Mika Expert Mind
    Added an answer on August 19, 2023 at 12:52 am

    If you want to try your hands on something like Bitcoin, Ethereum, BNB, and other top cryptos by market cap, just forget about doing research, you can jump on the bandwagon and start investing and trading. These assets have proved themselves to be strong and profitable. However, if you want to try sRead more

    If you want to try your hands on something like Bitcoin, Ethereum, BNB, and other top cryptos by market cap, just forget about doing research, you can jump on the bandwagon and start investing and trading. These assets have proved themselves to be strong and profitable. However, if you want to try something that has been created recently and does not have long history, you need to thoroughly investigate in the asset before you invest your hand earned money.

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De Mogul
De MogulExpert Mind
Asked: August 7, 2025In: Crypto & Forex

Which token is the best to buy now

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deucher
deucherActive Contributor
Asked: April 27, 2024In: Crypto & Forex

How has the memcoin boom affected your portfolio?

About 3 years ago I saw the first boom of memcoins and especially dogecoins and since then the cryptocurrency field has changed a lot because people started hunting for such projects in order to make money, but everyone mostly lost ...Read more

About 3 years ago I saw the first boom of memcoins and especially dogecoins and since then the cryptocurrency field has changed a lot because people started hunting for such projects in order to make money, but everyone mostly lost because the volatility was crazy. Did you buy a lot of these tokens or did you just observe the situation?

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Lastborn
LastbornNewcomer
Asked: October 11, 2025In: Crypto & Forex

When planning to trade volatility

When planning to trade volatility, it can help greatly to visualize the environment in which we are looking to take part in.   Breakouts emanate from ranges. Ranges will often populate when traders are unsure of the future direction of prices. A ...Read more

When planning to trade volatility, it can help greatly to visualize the environment in which we are looking to take part in.

 

Breakouts emanate from ranges. Ranges will often populate when traders are unsure of the future direction of prices. A good example of this phenomenon is a major news release or economic data announcement; when FX traders can regularly witness range-bound prices going into a release.

 

We looked at this very topic in the article Attacking News Events with Price Action, in which we go in-depth behind a news trading strategy built on this very premise. The picture below, taken directly from the article, will show how the strategy could have been implemented leading into the Non-Farm Payrolls

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deucher
deucherActive Contributor
Asked: April 27, 2024In: Crypto & Forex

Earnings on the exchange of assets?

Have you ever had such an opportunity to make money on the difference in the rate of an asset on different platforms or even within the same platform. Because I once managed to catch a moment when the price of ...Read more

Have you ever had such an opportunity to make money on the difference in the rate of an asset on different platforms or even within the same platform. Because I once managed to catch a moment when the price of Bitcoin was different on two exchanges and although the difference was not big, after several transactions I managed to earn 5 dollars

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on July 31, 2024 at 2:12 pm

    Earnings on the exchange of assets refer to the gains or losses from trading assets like stocks, real estate, or commodities. Understanding market trends, conducting research, and managing risk are important for profitable exchanges. Factors like supply and demand, market volatility, and economic inRead more

    Earnings on the exchange of assets refer to the gains or losses from trading assets like stocks, real estate, or commodities. Understanding market trends, conducting research, and managing risk are important for profitable exchanges. Factors like supply and demand, market volatility, and economic indicators play roles in the success of asset exchanges.

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Mika
MikaExpert Mind
Asked: May 4, 2024In: Crypto & Forex

What is the future of CBDC compared to crypto?

As central bank digital currencies (CBDCs) gain traction globally, what are the potential implications for traditional cryptocurrencies, and how might investors adapt their strategies?

As central bank digital currencies (CBDCs) gain traction globally, what are the potential implications for traditional cryptocurrencies, and how might investors adapt their strategies?

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  1. [Deleted User]
    [Deleted User]
    Added an answer on May 4, 2024 at 9:37 am

    Actually CBDCs offer governments more control and stability over their monetary systems, while cryptocurrencies provide decentralized, borderless, and potentially more privacy-focused alternatives. Both will likely continue to evolve, with CBDCs integrating into existing financial systems and cryptoRead more

    Actually CBDCs offer governments more control and stability over their monetary systems, while cryptocurrencies provide decentralized, borderless, and potentially more privacy-focused alternatives. Both will likely continue to evolve, with CBDCs integrating into existing financial systems and cryptocurrencies offering alternative financial infrastructures.

    CBDCs offer governments more control and stability over their monetary systems, while cryptocurrencies provide decentralized, borderless, and potentially more privacy-focused alternatives. Both will likely continue to evolve, with CBDCs integrating into existing financial systems and cryptocurrencies offering alternative financial infrastructures.

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