Tips on cryptocurrencies 24 hours a day
The value of cryptocurrencies is constantly moving, just like any financial instrument that can be traded on the stock exchange and can make money on these movements. If you buy Bitcoin or another cryptocurrency for $ 100, for example, and sell it later for $ 150, you earned $ 50. This kind of trading can be done very easily and even the so-called leverage can be used. It means you are trading only with partial coverage that can multiply potential profits but also losses.
You do not need to own any cryptocurrency to trade cryptocurrencies. All you need is a trading account with one of the brokers who provide trading in cryptocurrencies, whether in the form of options or CFD contracts.
Liquidity is important
There are more than 80 kinds of cryptocurrencies you can choose from. However, it is good to focus on cryptocurrencies that provide sufficient liquidity, have sufficient market capitalization and, of course, interesting volatility. Taking these measures into account, the top 5 cryptocurrencies remain: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), and Bitcoin Cash (BCH).
Choose the right partner
The demand for successful forecasts in this relatively new market has been increasing in recent years. Thanks to its analysts with more than 20 years of experience in the forex and commodity markets, capital analysis certainly did not stay behind. However, Capital analyzes deal with forecasts, not with direct brokerage. The choice of liquidity provider, broker is up to you. If we remain purely in the plane of speculation with cryptocurrencies in the form of CFD contracts, ie. with the use of leverage we find a number of brokers. Our analysts take data from these markets from multiple sources. One of the proven is the capex.com
A solid partner is the foundation
If we remain purely in the plane of speculation with cryptocurrencies in the form of CFD contracts, ie. with the use of leverage we find a number of traders. Our analysts take data from these markets from multiple sources. One of the proven is the capex.com
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