[uncensored-r/BitcoinMarkets] Bitcoin and Foreign Exchange(FOREX) 101
The following post by rbrinko is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ BitcoinMarkets/comments/7y63dz The original post's content was as follows:
Bitcoin will continue to rise in USD price. Why ? Current and projected US deficit spending weakens the dollar internationally. International buyers get a lot more dollars for their non-US currencies. Bitcoin free market pricing is influenced primarily by supply, and demand, not by governments. Even though Bitcoin speculation contributes to price volatility, this increases profit/loss opportunity and great liquidity. Whereas massive US deficit spending will drive up interest rates, the underlying bond prices/returns are no match for the small investment required to own full or fractional Bitcoins. This means that Bitcoin is affordable to even the smallest investor.
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Forex or FX is the acronym meaning Foreign exchange. The Foreign exchange is a global decentralized marketplace where the currencies of almost every country in the world are traded against each other for purposes such as commerce, trading, tourism. To gain from this foreign exchange you have to be a forex trader trading many currency pairs. Forex 101 By Bob1000pipbuilder Feb 04, 2020. What is Forex? Foreign exchange trading, or Forex trading for short, is the buying and selling of currencies. This all happens in the global Forex market which is the largest of its kind in the world, with a turnover of over $5 trillion every day. The Basics! Everything you need to get started trading FOREX with our team! Forex Glossary; Forex Academy. Forex 101; Advanced Training; Expert Training; Forex Videos; Reviews. Brokers Reviews; Software Reviews; Blog; Forum; Sign Up; Log In; Forex Education For Beginners. Trading is a journey that can last a lifetime. While the idea of ‘buying low, and selling high,’ might sound simple enough; in actuality ... Forex 101: Evaluating The Pros, Cons And Risks. Ginger Dean Former Contributor. Opinions expressed by Forbes Contributors are their own. Investing. This article is more than 2 years old.
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