Recent studieshave shown that “Buy bitcoin” is searched more than, “Buy gold.” There are also thousands of people a month searching, “Bitcoin Jobs.” An entire market has formed around these cryptocurrencies. This has created a great opportunity to win or lose money trading cryptocurrencies. You trade cryptocurrencies against USD, Bitcoin, Ethereum, and other currencies. Trading these assets is kind of like if you mixed stock trading with Forex.
The difference is that the crypto space is loaded with volatility. It’s definitely unwise to invest money you’re not willing to potentially lose all of tomorrow. All the time there are cases where an asset loses 80+ percent of its value in one day. Another way to look at it though is that there is often an opportunity to get an 80+ percent increase on your chosen coin in one day or less!
Trading crypto is highly technical and tends to … Read more