Why Many Educated People Think Bitcoin Is a Fad
Some people are far more married to certain ideologies than others. We see it everywhere. I see it with the older generation at church not liking the newer music. Or, for example, the National League baseball purists despising the idea of the designated hitter. How about even simple things like when Facebook or Twitter changes the user interface? Don’t mess with my timeline! LOL. Why then should it be any different for Bitcoin or any cryptocurrency? I talk to people every day who are educated and successful and yet still can’t wrap their heads around cryptocurrency. To me it is like explaining how to surf the web to people in 1994.Cryptocurreny – The Future of Money
Bitcoin – A New Gold. Bitcoins value was $0.001 in 2009, which started increasing when Big Successful People like Richard Branson, Bill Gates, Elon Musk and Other big corporates recognized its efficiency as fast and trusted payment solution. Currently one ounce of Gold is 1300 USD but one Bitcoin has reached up to 4800 USD, which is three times the value of Gold!Is Bitcoin As Good As Gold?
Gold and Bitcoin have been used synonymously as safe havens and currencies. What is a safe haven? It is a place to park wealth or money when there is a high degree of uncertainty in the environment. It has to be something that everyone can believe in even if the current institutions, governments or players in the business game are not available.6 Qualities Of A Good Forex Broker
If you are looking for a good global Forex broker, you already know what Forex trading is all about. As far as Forex trading goes, we can’t ignore the importance of a good broker. Given below are some qualities of a good one. This will help you choose a good professional.6 Things to Consider While Choosing a Forex Broker
The Forex market is a huge market. In the same way, the number of Forex traders is also on the rise, which is making it harder for new traders to do their business. However, it’s really important that you go with the best professional. Given below are a few things that you should take into account when hiring one. Read on to know more.Introduction to the Forex Industry
If FX is new to you, know that FX is short for Forex Trading. The term refers to an international decentralized or OTC market. In this market, you can trade currencies. Aside from this, the same market is responsible for determining the rate of foreign exchange. It also involves the purchase, sale and exchange of currencies at different prices. Let’s know more.Investment Opportunities in the Forex Market
If you are an investor, there are a lot of opportunities for you out there. The foreign exchange market is one of the most lucrative investment opportunities that you can avail. It is also known as FX or Forex. As a matter of fact, it’s one of the biggest financial markets where $4 trillion of value is traded on a daily basis.6 Forex Trading Mistakes And Misconceptions
All new Forex traders commit some common mistakes in the start. Moreover, they have similar misconceptions as to the trading and the way to achieve success. In this article, you will read about some common mistakes and misconceptions that you may have in the start of your journey as a trader. You will also read about how to avoid the mistakes and eliminate any misconceptions that you may have. Read on for more.Forex – Potential Solution To Financial Instability In Africa
Most African countries struggle with financial instability as well as the strength of their currencies being in a state of unrest, and due to the slow development of Africa as a whole, it then becomes increasingly difficult to maintain and adhere to the standard set by developed countries. The direction is simple, Africa as a whole has to reach a level where 80 percent of the population is financially stable and secure. Many factors contribute to this phenomenon,one being the poverty affecting african countries, this is a clamorous issue that is hindering the vision of a new path for…6 Things to Consider When Choosing a Forex Broker
If you are going to choose a good Forex, you have to consider a few crucial things. The competition in the retail Forex market is fierce, and if you scan through the list of all the brokers, you will get a headache. To help you out, given below are 6 things you may want to take into account when choosing the best professional.5 Tips for Success in Forex Trading
Forex trading is an art. And for this art, you have to have some talent. However, talent is not the only thing required for success in the Forex industry. With practice and discipline, you can improve your skills. In this article, you will read a few steps that can help you get better at this art with the passage of time.