5 points why FTMO is much better than Crypto trading
Margin: Risk EUR 540 and trade on 4 Bitcoins $20,000 Price
Risk Management: FTMO provides risk management tools and guidance to their traders, helping them manage risk and avoid catastrophic losses. In contrast, crypto speculation is often fueled by FOMO (fear of missing out) and can lead to impulsive decision making, resulting in significant losses.
Professional Development: FTMO offers training and evaluation programs that can help traders improve their skills and become more successful. On the other hand, crypto speculation does not offer structured training or development opportunities, which can make it difficult for traders to improve their abilities over time.
Diversification: Trading on FTMO allows traders to diversify their investments across multiple markets and instruments, which can help mitigate risk and increase the likelihood of positive returns. Crypto speculation, on the other hand, is limited to a single asset class, making it more vulnerable to market volatility and fluctuations.
Regulation: FTMO is regulated by financial authorities and must comply with strict rules and regulations, which helps to protect traders' investments. Cryptocurrency trading, on the other hand, is largely unregulated, making it more susceptible to fraud and manipulation.
Longevity: FTMO has been in business for several years and has a proven track record of success. In contrast, the cryptocurrency market is still relatively new and untested, which makes it difficult to predict its long-term viability and potential risks.
Overall, while crypto speculation may offer the potential for high returns, it also comes with significant risks and uncertainties. Trading on FTMO, on the other hand, offers a more structured and reliable approach to investing, with a greater emphasis on risk management, professional development, and regulatory compliance.