The forex market is undoubtedly the largest and most liquid market in the world. With a broad spectrum of individuals actively trading in pursuit of fast and easy money. The market runs 24 hours a day, 7 days a week, and in all corners the world. Now, as if forex is not dynamic enough, cryptocurrencies are adding a fascinating new dimension to currency trading.
The Cryptocurrency Market is now the firmly established new trend of the world.
Currently, cryptocurrencies are gaining their fair share of the market, with Bitcoin as the preferred currency. However, others, such as Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, etc. are also finding their space in the marketplace, each based on its own Blockchain version, with specific peculiarities.
Basically, in the world of Forex trading, most companies make use of their own technique to gain profits, but cryptocurrencies exhibit very high volatility of markets (prices can skyrocket and plummet quite significantly in a single day). The market volatility is important because it defines the trading profits but those techniques can predict the volatility of a given market up to a certain extent only. Because of this and other issues such as dealing with brokers with questionable ethics, huge transaction fees, lack of transparency, and security, retail cryptocurrency investors have lost huge amounts of money inside the cryptocurrency market.
Now, here’s where we come in…