Bitcoin Mining Reward is Cut in Half Goodbye Salt Season / Hello Alt Season (Maybe) Bitcoin Nears $10k With the Halving Only Days Away Bitcoin’s Block Reward is Cut in Half in Less Than a Week Bitcoin Potential Breakout Bitcoin Halving Dates and Trendlines Bitcoin Historic Bullish Pattern Holds Despite Corona Crypto Corrects After Coronavirus Catalyst Puts End to Epic Run… But the Halvening is Still Coming Up Square Crypto Launches its First Product, a Lightning Development Kit Binance Launches XRP Perpetual Futures Contracts up to 75x Leverage
Run by Andrew Mitchem, a trader from New Zealand, his online course ‘The Successful Trader System’ has coached people from more than 58 countries around the world. He teaches the system that he utilizes in his own trades every day and on top of the training, includes daily trade recommendations and weekly live trading room webinars for those who purchase his course. If you’re after even more then consider his one-on-one training which includes a full day live training wherever you’re based around the globe.
Forex is, without a doubt, the largest currency market in the world. It has been around for longer and is therefore bigger than cryptocurrency trading. Forex traders make profits by gauging the health of different pairs of fiat currencies and exploiting the difference in exchange rates. The more a currency’s value varies, the bigger the profit margin and the higher the risk too. Crypto trading follows a similar concept. Traders basically exchange different types of cryptocurrencies such as Bitcoin and Ethereum in a bid to make profit.
All that is currently necessary to begin Forex trading is a reputable trading platform online, a little research and the ability to monitor the changes in prices in real time. This ability is provided by most of the online platforms. The Forex market is very different from the stock exchange. There is no middleman taking a large percentage of the profits. The investor is on their own for the most part. The success and popularity of the Forex market is based on the incredible liquidity. There is approximately five billion traded in the Forex market every day.
For traders who are looking to take their Cryptocurrency trading & investing to the next level, this cryptocurrency trading course has been specifically designed for you. This in no way means that it cannot be taken by a complete beginner. It is one of the few cryptocurrency trading training courses that has been created by experts with real-world trading experience. Divided into eight key chapters, each chapter has been further broken up into several learning sections. The small video clips make learning faster and revision very easy as compared to other cryptocurrency trading training courses on the Udemy platform. An eBook has also been provided as a bonus so as to deepen your understanding of cryptocurrency trading. There are eight chapters following the contents of the videos but on a much deeper level.
People or the users who look to invest in cryptocurrencies should be aware of the volatile nature and its risks in the market. Several times, they have dropped significantly and potentially costing millions to the investors. Due to the level of anonymity, the cryptocurrencies are often associated with illegal activities. The users need to be careful with the connotations while buying cryptocurrencies.
This volatility is one of the clearest differences between trading forex and crypto, since it makes trading crypto more appealing in some ways but riskier in others. A huge single day shift in the value of bitcoin, for example, could earn a trader a massive amount of profit, or it could wipe out everything they have invested. The shifts in traditional currencies, on the other hand, tend to be smaller, which is why higher leverage plays such an important part in forex trading. Many of the differences between the two can be traced back to the huge disparity in the size of the respective market places. Put simply, the forex market is the biggest in the world, handling an average of more than $5 trillion in trades every single day. The cryptocurrency market, on the other hand, is predicted to reach an overall full market value of $1.40 billion by 2024. What the size of the forex market means is that it offers a degree of liquidity, depth and security which is pretty much unmatched anywhere else.
Via this 7.5-hour long course, you will be learning about trade cryptocurrencies like Bitcoin, Ethereum & Altcoins, while also focusing on technical analysis & advanced terminology. This cryptocurrency trading course will serve as an A-Z guide for you that does not leave any stone unturned to upgrade your knowledge and confidence from the beginner level as it incorporates half a decade of trading experience of the creator. Starting with the basics of the blockchain technology, you will set up your own wallet, to safely store your crypto currencies. Afterwards, you will be learning about using the Coinbase platform and trading crypto currencies on online exchanges like Poloniex.
At the beginning of the year, Bitcoin opened with a price point of $3,782.44. This wasn't surprising since it hovered around this figure for most of 2018. The first major peak came on February 23rd when Bitcoin surpassed $4,000. However, this didn't seem significant compared to the prices that BTC has recorded in the past. By April, BTC began its climb to $5,000, reaching new levels of support and resistance.May brought significant gains as well, seeing the asset climb from just over $5,000 to more than $8,000. June brought the mother of bull runs this year, sending Bitcoin well over $10,000 and reaching its yearly peak of $12,722 on June 27th. In total, Bitcoin saw a gain of 236% since January 1st and is currently trading at $10,687 per Bitcoin.
FOREX.com is a one-stop-shop for forex traders. With a massive range of tradable currencies, low account minimums and an impressive trading platform, FOREX.com is an excellent choice for brokers searching for a home base for their currency trading. New traders and seasoned veterans alike will love FOREX.com’s extensive education and research center that provides free, informative forex trading courses at multiple skill levels. While FOREX.com is impressive, remember that it isn’t a standard broker. You can’t invest in the stock or bond market through your FOREX.com and you cannot open an account with tax advantages. The confusing pricing and margin structures may also be overwhelming for new forex traders.
TIP: A cryptocurrency wallet is a place where you store encrypted passwords that represent the ownership of coins (roughly the equivalent to storing money in a bank account). A cryptocurrency exchange is like a stock exchange or like a currency exchange in a foreign airport (a place people can trade cryptocurrency for other cryptocurrencies and fiat currencies like the US dollar). Just like if you want to trade stocks you need a bank account and access to the stock exchange, it is the same deal with cryptocurrency. To trade cryptocurrency, you need a wallet and a cryptocurrency exchange.
The forex market is the No. 1 market in the world for trading volume by a large margin. The Bank for International Settlements reported an average of $6.6 trillion daily trading value in the 2019 forex market, a 29.4% increase since its last report in April 2016. As of May 2020, the cumulative market cap for the crypto market totaled around $256 billion.
Crypto vs Forex - Which Market is Better for Traders?