Ethereum has soared this year. More and more people are discovering the platform. And more and more people are using Ethereum. There have been a number of recent ICOs (ICOs area like IPOs on a stock exchange, but they raise cryptocurrency) which have had a lot of press coverage. Whether you believe these ICOs will succeed or not, one thing is certain, Ethereum is starting to get used.
The price of Ethereum is currently somewhere in the $300 range (as of writing), so gone are the days where you could buy in a see your money double a ridiculous amount of times. However there could potentially still be a lot of upside. Many people, including myself, believe ETH (Ethereum) will out grow Bitcoin. That’s just my own opinion, and like all investments, you should do your own research.
Plus500 is a trading platform that tends to attract a lot of new people to forex and cfd trading. And because of this, I tend to get quite a few questions on comments on this blog from people who have failed to make money on plus500.
If you’re a good trader, than i’m sure you can turn a profit on plus500, but I wanted to write a post for the new traders to help them become better traders who don’t lose money.
Litecoin is up over 70% this month. It looks like it has finally broker free from a fairly flat trading pattern. Even while other digital currencies, Bitcoin and Ethereum soared, Litecoin has been pretty much stagnant.
Litecoin recently topped and all time high above $50. So is now the right time to look at Litecoin again?
The reason for the sudden jump in price is because trading support of litecoin has been added to popular exchange Bitstamp. This will give it much more exposure and should increase it’s trading volume.
I recently bought myself a PS4 Pro, and it got me thinking about the gaming industry. After some research I realised that the industry was much, much larger than I had thought. I realised there could be some interesting investment opportunities and I also discovered that you can invest across the entire sector with the new “InTheGame” copyfund from etoro.
The price of bitcoin recently took a bit of a sharp dive down. As I’m writing this post, I have noticed the price recover a little, but it’s still nowhere near its peaks.
So has the bull run ended? Well I have no idea. What I do know is that when the price of Bitcoin falls, it falls in a dramatic fashion. And this volatility means there are profit opportunities for shorting bitcoin.
Have you heard of fundamental analysis? Have you wanted to use it to apply to your forex trading? Well all good forex traders, no matter what strategy they use, need to have an understanding of how fundamental analysis works.
So what is fundamental analysis?
Fundamental analysis involves analysing economic, political and social events that may have an impact on the price of a currency.
Social Trading platform, eToro has added Ethereum Classic (ETC) trading to their platform. ETC joins other digital currencies Bitcoin and Ethereum (ETH) on the network. This is a huge win for the currency and as a result the price rose after the news.
eToro has over 4.5million customers on the platform which means that a whole host of potential new traders will be speculating on the price of the currency.
Bitcoin is continuing it’s meteoric rise. Are you looking to get in on the action and start trading this exciting digital currency? Well I’ve put together some of the different tools that are out there for investing, trading and hopefully making money from Bitcoin.
Trading bitcoin is high risk – it’s an extremely volatile currency. But talented traders are able to take advantage of this volatility to make larger gains compared to more traditional investments.
Both Bitcoin and Ethereum – the two most popular cryptocurrencies, have been soaring this year. If you had invested in either at the beginning of the year, you’d have made a pretty penny. Maybe not the huge amounts that had you invested right when either currency was just starting out, but with returns in the X00% range its still amazing.
So it’s no surprise that eToro, the social trading platform, has launched a new Copyfund for Crytocurrency.
Whaleclub is a new type of trading platform where you can trade stocks, forex and commodities using bitcoin. It works just like other trading platforms, but instead of using fiat currency, all trading is done using digital currency.
I think it’s a unique concept, and I’m certain that we’ll start seeing more trading platforms like this.
So if you’re looking to put your bitcoin to work and start using it as a currency, then you should take a look at Whaleclub.