[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: 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. Forex 101: An Educational Guide for Beginners Author April 16, 2020 Forex 1 comment Get Link(DoubleClick) New in the Forex market? This market may sound really complicated and scary to tackle but it’s not. Just like in any kinds of trade, you make money when you buy low and sell high. The Basics! Everything you need to get started trading FOREX with our team! Forex 101 is a Forex trading course designed to help even absolute beginners learn how to trade. The training course is absolutely free and 100% online. Each lesson will feature a video, written notes and a follow-up quiz. The course will be split over 3 steps - `Beginner`, `Intermediate` and `Advanced`. The world of Forex trading awaits...
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