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Sunday, 25 February 05:55 (GMT -05:00)



Foreign exchange market

Continuous Rally Shown By Crypto Currencies As Investment Opportunities


The phenomenal growth seen in crypto currency markets has become one of the leading tendencies of the year. Some of the crypto currencies have seen their value grow by 100%, 200% and even more. As for Bitcoin, which is the world’s first and most popular crypto currency, back in January 2017, it cost $1000 while in early July it cost over $2600.

 

 

 

Ethereum grew almost 10-fold over the same reporting period. Litecoin increased in value from 4 dollars all the way up to 35 dollars per one unit. That said, those who invested in those crypto currencies, now enjoy stunning profits. There is one sure thing we can say, which is that today’s sky is not the limit. Multiple experts promise an even stronger rally in the market of crypto currencies over the next year.
Over the last few years, the entire industry related to crypto currencies has been evolving. Now it’s represented by multiple exchanges, and a lot of big players have already invested tons of money in crypto currencies. Mid-scale and small-scale players have been following them ever since. So the market is growing and the industry is yet to see another boom.
It’s never too late to learn proper investing
Watching the roller-coaster shown by crypto currencies over the last few years, some investors are still indecisive about their investments in this new kind of currencies. They keep on questioning the usefulness of such investments. It’s common knowledge that it’s always a good idea to invest in a new asset while it’s at the growth stage. At the same time, experienced players avoid investing in long-trending assets not to get whipped out if the market peaks and reverses or goes for a retracement.
One of the key things successful trading implies is selling high after buying low. Experts apply thing principle everywhere, from stocks, Forex currencies, to futures and commodities. However, crypto currency is a whole new phenomenon, which is why it’s not a good idea to measure it using some old-school indicators and approach it the standard way.
Despite the fact that crypto currencies have been growing continuously, with ups and downs though, for the last couple of months, in-depth analysis still indicates that now is a good moment to get started if you feel like investing in those assets. Once again, the whole point is that the market of crypto currencies is a whole new marketplace, and it’s still evolving and developing. Most potential investors haven’t still heard about Bitcoin or any other crypto currency out there. Even if they have, they are still afraid of new things, but over time, when they get familiar with the market, most of them are likely to catch at the chance to make big bucks anyway.
International experts believe that millions of new investors will join the evolving market of crypto currencies over the next few years, which is likely to launch a new rally as they load up on Bitcoin and other crypto currencies.
On top of those retail players, we are likely to see more of those big players like banks and hedge funds join in as well. Even central banks around the globe start playing around with crypto currencies to figure out how to dominate the industry in the future. All of that creates favorable conditions for the entire market of crypto currencies, with pretty high chances of seeing another strong rally further down the road.
The very fact that crypto currencies are decentralized serves as one of the key drivers pushing them higher amid stable and growing demand. Basically, that’s why now is still a good time to join in at a discount and expect stunning profits later on.
As for the best, most convenient and safest ways to join in, experts say this is opening accounts with specialized exchanges, with creating a diversified portfolio of 3-4 crypto currencies. However, there is an even simpler and more powerful solution, especially for those who don’t want to dive deep into the peculiarities of this new market but still want to get paid handsomely at the end of the day. This handy solution is offered by vprofite.club, which is an online investor club. The club offers crypto-currency indexes, which is an excellent way to buy several crypto currencies and balance them within the scope of a single portfolio.

 

Such indexes are transparent, and you can always check the quotes and use an online calculator to make sure that everything works fine. To get stared, just follow a couple of easy steps described on the club’s official website.

 

You are free to discuss this article here:   forum for traders and investors

 

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Bitcoin Exchange Rate Drops Below $9000

Earlier today, the BTC exchange rate continued its way down to new local lows. In particular, it temporarily dove below the psychological threshold of 9000 dollars per 1 BTC. According to Coinmarketcap, the current local low is 8720 USD/BTC.

Publication date: 02 February 03:41 AM

Skeptics Predict Bitcoin Crash

As the amount of Bitcoin users is growing like never before, the amount of Bitcoin skeptics is growing as well. They are warning us that Bitcoin is doomed to crash at some point in the future. There are respected investors among them, who think that the rapid growth of Bitcoin and other altcoins is dangerous to those investing in them.

Publication date: 26 January 03:51 AM

Muslims Are Forbidden to Trade and Mine Bitcoin

The Grand Mufti of Egypt Shawki Allam is reported to have issued the so-called fatwa (which means a ban on something) against cryptocurrencies. This means that Muslims can no longer trade or invest in Bitcoin or other cryptocurrencies. To be more specific, the Mufti thinks that trading cryptocurrencies is almost the same as gambling. Yet, gabling is strictly forbidden in Islam.

Publication date: 12 January 03:19 AM

Alpari’s Mobile App Gets Over 400K Users

Over the last few years, the amount of online traders using mobile apps has increased dramatically. The stats show that most of the time mobile forex traders choose mobile trading apps by Alpari, one of the biggest brokers in the international forex industry.


Publication date: 03 January 07:06 AM

Bitcoin Harms Natural Environment

 Today, only 1% of the global population is investing in cryptocurrencies.  However, mining those cryptocurrencies is something that all of us have to pay for. This is what Deutsche Welle thinks on the matter.

Publication date: 02 January 11:43 AM

Bitcoin May Trigger Another Major Financial Crisis

 Some experts say that Bitcoin and other cryptocurrencies may trigger another major financial crisis.

Publication date: 02 January 11:42 AM

Fort Financial Services ¬– World’s Best Forex Bonus Offer 2017

Masteforex-V Academy has recently announced the results of the annual contest named «World’s Best Forex Bonus Offer 2017». Fort Financial Services won the title as the forex broker occupying the first position in the corresponding rating by Masterforex-V Academy.

Publication date: 28 December 09:28 PM

Bitcoin Exchange Rate May Drop to Zero, Morgan Stanley Experts Say

Bitcoin may drop all the way down to zero dollars. This is what Morgan Stanley analysts led by James Faucette told Business Insider. Such a gloomy forecast for the world’s first and most expensive cryptocurrency to date showed up amid another major drop in its exchange rate. The thing is that Bitcoin dropped by 40% from 19K dollars all the way down to 11,8K dollars on December 22nd. 

Publication date: 26 December 12:21 PM

Bitcoin is Yet to Win Major Investors’ Trust

The first Bitcoin futures were finally launched in the USA. However, despite the fact that cryptocurrencies have already been recognized a part of the financial world, skeptics still don’t believe in them and anticipate a cryptocurrency market crash. 

Publication date: 25 December 05:49 AM

Alpari PAMM Service Gets Its Monthly Turnover Exceed $15 Billion

Most people prefer to keep their savings in a bank. They believe that despite those tiny interest rates they get paid, storing money in a bank account is way safer than anything else. The point is, we are talking about storing money while it’s wiser to invest money so that it could make even more money. For example, Europeans like to consider investing their money in various kinds of assets. They further spend their profits on some big purchases or education for their kids.

Publication date: 21 December 03:17 AM