How to make money investing and trading Cryptocurrency
I've been getting a lot of questions recently about trading cryptocurrency from people looking to get into Bitcoin. Plus500 is one of the worlds most popular trading platforms, and it's popular for trading bitcoin too. But is it the right choice?
I'm going to break down some of the pros and cons of trading Bitcoin on Plus500:
This blog is all about sharing my experiments in increasing my income. Whether that's savings with Acorns, trading on etoro or mining bitcoin on Hashflare.
So in the spirit of transparency I thought I would take you through my current Cryptocurrency portfolio and why I'm investing in this space.
Plus500 is a popular CFD trading platform. As well as stocks and forex, Plus500 also offers cryptocurrency cfd trading including in Bitcoin.
Bitcoin has been gaining more and more attention over the past 12 months. There has also been a huge amount of price volatility. If you managed to get in at the right time, there was potential for huge profits. Here is my short guide on trading Bitcoin on Plus500:
Ethereum Classic was worth around $1 a year ago. It's now worth around $30. Not a bad return over the past year. It came into existence when a massive hack occured on the Ethereum network. Ethereum forked and began using a new set of rules to mitigate the hack, and Ethereum Classic (which was ethereum) was born.
It's currently ranked in the top 20 cryptocurrencies – and while it's value is nothing like that of Ethereum's, it's still very popular and valuable.
So what's the best way to buy Ethereum Classic? I've put together a few options:
One of the biggest problems in cryptocurrency right now is converting fiat currency in
to cryptocurrency. When Bitcoin exploded in late 2017, Coinbase (currently the largest seller of Bitcoin) suffered constant downtime.
So it's great news that a new player is entering the crypto space – the super popular stock trading platform Robinhood!
Everyone seems to be talking about Bitcoin these days. I've written a lot about my investments in Bitcoin and other coins, and one of the most common questions I get asked is which exchanges I use.
For this post I want to talk about how to go about buying bitcoin with a credit card and some of the advantages/disadvantages of doing so.