How People Are Making Money With Different Methods of Trading

How People Are Making Money With Different Methods of Trading
фото показано с : beincrypto.com

2020-1-16 12:58

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Cryptocurrencies & How People Make Money With Different Trading Styles

Cryptocurrency has been around for some time now, yet many are not aware of all the impacts it has on the world in general and on the financial market in particular. Cryptocurrency is built to be used as a peer-to-peer currency. This means that intermediaries become unnecessary. Basically, Cryptocurrencies are a type of digital currency, so they have the same use as any other physical currency, but with the difference that we cannot touch it. Also, cryptocurrency is transferred and tracked by using blockchain technology. This technology tracks every update or transfer chronologically and stores the information cryptically so that anyone can see it.

Bitcoin is one of the most popular cryptocurrencies out there. In Addition, there are thousands of other cryptocurrencies available. Not all cryptocurrencies serve the same purpose: while some are for general use, others solve specific problems and/or serve specific industries.

Cryptocurrency has a lot of critics. Some say that it’s all hype. Well, we have some bad news for those people: cryptocurrency is here to stay and it’s going to make the world a better place. Cryptocurrencies entail many benefits, from giving people control of their own money, through changing the money transfer process to making e-commerce stronger. The growth of bitcoin trading has created a multi-billion industry that allows individuals to buy or sell the cryptocurrency across a large number of exchanges. Several brokers including LegacyFX permit bitcoin and cryptocurrencies CFD trading as part of their forex trading services.

What are CFDs?

CFD stands for Contract for Difference. This is an investment opportunity that allows traders to speculate on the financial market and make a profit. The definition of CFDs states that “a contract for difference allows you to speculate on the future market movements of the underlying asset without actually owning or taking physical delivery of the underlying asset.” Unlike the regular trading, traders don’t actually buy and sell the cryptocurrency but speculate on its values. If your predictions are accurate, you make a profit, regardless of the current market situation. Basically, CFDs provide traders with all the benefits and risks of owning a security without actually owning it or having to take any physical delivery of the asset.

There are a few differences between forex trading and bitcoin trading. In both situations, the prices of both paper and digital currencies are based on global supply and demand metrics. When the demand for Bitcoin rises, the price increases. When demand falls, it falls. Start trading bitcoin and cryptocurrencies CFDs now with LegacyFX and enjoy zero fees, cashback, and risk-free programs among other exclusive trading conditions.

 

Learn more about LegacyFX and how to get involved here: https://legacyfx.com

The post How People Are Making Money With Different Methods of Trading appeared first on BeInCrypto.

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trading different → Результатов: 126


Bitcoin’s Multi-Month Bear Trend May Soon Change

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2020-1-9 16:07


PrimeXBT: Here’s what you need to know about the popular trading platform

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Social Trading Tools Might Be the Key to Simplifying Crypto Trading for Retail Investors

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What Cryptocurrency To Invest In? Best Altcoins To Buy in 2020

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2019-10-30 21:27


Two years from now, the crypto exchange landscape may look very different

Exchanges beware: crypto evolves rapidly, and provides no shelter for complacency. That was the clear warning that could be drawn from James Todaro, Managing Partner of Blocktown Capital, who earlier this week shared a timelapse video on his Twitter feed that charts the changing fortunes and trading volumes of seven industry big-hitters over the course […] The post Two years from now, the crypto exchange landscape may look very different appeared first on CryptoSlate.

2019-10-27 11:39


Bitcoin trading to USDT drops by nearly a quarter

Stablecoins volume have dropped. In the month of September as Bitcoin’s price took a tumble, so did the stablecoins. Seen to serve different sectors of the market, some as a trading hedge, some as a trading pair, or some as a crypto-investment bridge, stablecoins have a multitude of purposes, yet their use, in a sluggish […] The post Bitcoin trading to USDT drops by nearly a quarter appeared first on AMBCrypto.

2019-10-22 17:30


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eToro’s Twitter-Based Cryptocurrency Trading Strategy Could Be Ruined by Artificial Intelligence

eToro’s new TheTIE-LongOnly CopyPortfolio attempts to collapse the entire crypto sentiment of Twitter users into an automatically rebalancing basket fund—and that might be a big problem. Currently, the TheTIE-LongOnly CopyPortfolio algorithm automatically invests in a selection of up to 13 different digital assets, these are: Bitcoin (BTC), Ethereum (ETH), XRP, IOTA, Bitcoin Cash (BCH), NEO, […] The post eToro’s Twitter-Based Cryptocurrency Trading Strategy Could Be Ruined by Artificial Intelligence appeared first on BeInCrypto.

2019-10-19 02:17


Bitcoin Trading on LocalBitcoins Sees Huge Spike During Hong Kong’s Protests

Coindance’s data shows that there is a massive Bitcoin volume spike in Hong Kong with over $13 Million being traded just last month. ’ Given that China monitors its citizens through their spending habits, cryptocurrencies allow them to move to a different form of transferring value that is not controlled by the state. LocalBitcoins has […]

2019-10-3 18:18


OKEx refutes allegations of wash-trading as it claims market structure is different from counterparts

OKEx, one of the largest exchanges by reported volume on CMC, was reported to be involved in wash trading, resulting in the representatives refuting the allegations. The September report of Blockchain Transparency Institute on wash trading stated that the “cleanest exchanges” over the course of 6 months were Coinbase, Upbit, Kraken, and Poloniex; exchanges that […] The post OKEx refutes allegations of wash-trading as it claims market structure is different from counterparts appeared first on AMBCrypto.

2019-9-23 11:49


Liquidity and the Future of Digital Asset Exchanges

It is a well-known fact that digital asset markets have historically struggled to achieve the kind of liquidity necessary for professional-grade investments. This struggle has been caused by a number of different factors including, but not limited to, siloed liquidity pools, lack of adequate exchange infrastructures, poor control for monitoring against fake trading volumes, and […] The post Liquidity and the Future of Digital Asset Exchanges appeared first on NullTX.

2019-7-3 15:19


Bitcoin chart analysis against patterns of other assets highlights future possibilities, not conclusions

Chart and pattern Analysis is a major part of analysing and predicting traditional stock, commodities and cryptocurrency trading in the financial market. The price and valuation of these assets over time and different market trends are often used to gauge several metrics and predict future trends, market volatility, price direction etc.

2019-7-1 18:30


Ethereum Could Be More Secure And Decentralized Than Bitcoin Due To Its Low Issuance Rate

In the recent past, Bitcoin’s has witnessed an explosive growth and surge with its value increasing by more than 200 percent in a year and at the moment trading close to the $12,000 mark. Despite the phenomenon price hike, different crypto enthusiasts are of the view that Bitcoin could fail to meet the market expectations […]

2019-6-30 22:52


MoonTrader ICO

MoonTrader team has developed and is supporting the trading terminal (MoonBot - moon-bot. com) which was introduced in October 3, 2017. Currently, the performance of MoonBot surpasses that of most existing trading systems as a result of its advanced functionality and the high security features designed to protect your trading activities.

2019-6-13 21:03


Wall Street Veterans Introduce Innovative Volatility Product to Digital Asset Space

With global policy development and adoption underway, the trading volume of digital assets has been steadily rising especially as the Bitcoin price recovers last several months. Different from the traditional stock market that is limited by trading hours and circuit breakers, digital asset trading runs continuously 24*7 across all geographic regions with fewer regulations in place and less institutional participation.

2019-6-5 08:33


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