Online Forex Double Traders Following Bitcoins Drop
OnlineForex.net report an unprecedented increase in forex trading account requests following the price drop for Bitcoins after 6th of March, 2014.
Many miners and traders appears giving up bitcoins following the massive price drop and now ask OnlineForex.net about trading opportunities. After reaching 1000 USD in January 2014, bitcoins has dropped considerably in value.
Co-founder Marcus Edvardsen estimate that bitcoin traders turning to forex will continue to do so until the virtual currency start to rise again.
"Forex trading is more flexible than bitcoins and we estimate an increasing number of traders will turn to forex or commodities in the near future, unless bitcoins start to rise soon again," says Marcus Edvardsen. Bitcoins has been going down since 6th of March 2014.
Bitcoins can be traded on several forex platforms, including eToro and Plus500.
About OnlineForex.net
OnlineForex.net has been established since 2004. The website is a leading provider of independent information about forex brokers, educates its customers in currency and bitcoin trading, explaining what impacts exchange rates and provide the latest forex news.
The website also features a simple forex beginner guide that can be found here: http://www.onlineforex.net/trade-forex/forex-beginner-guide/
OnlineForex.net: http://www.OnlineForex.net/
Related News
Online Forex trading has become very popular in recent years. It is a very attractive market for traders because it offers several advantages. Since the Forex Markets never sleeps, trading goes on all around the world during different countries' business hours, meaning that trading is always available. Forex has also become one attractive investment for Bitcoin holders, and many of them are now starting to trade in Forex Markets. Because forex is a $5.3 trillion-a-day market, with most trading concentrated in only a few currencies, there are always a lot of people trading. There are a lot....
The first particular step while planning a successful trading journey is to choose a reliable online forex broker. There are many queries that must be met with honest responses before you make decision. Brokers' claims and sponsored material will never resolve your dilemma. But relying on the view of fellow traders, who are/have been using the services of these brokers, can definitely help. Forex Broker Inc is among the few online brokerage firms that have supported the idea of trader-to-trader consultations. The Malta-based company has all the confidence in word-of-mouth marketing, and,....
Forex has always been one of the most attractive investment options for less experienced traders. Now, bitcoin is bringing a new breed of investors to the forex trading space, and many brokers are opening its doors to the digital currency. In fact, this year all along, several Forex brokers started to deal with bitcoin, and it seems the interest, both from traders and brokers, in this type of investment is growing exponentially. The Foreign Exchange (Forex) Market is the largest market in the world. It is where foreign currencies are exchanged and where every day more than 4 trillion....
Simplefx is among the leading Forex brokers in the Bitcoin industry. SimpleFX is a robust online trading provider, offering a trading platform with Forex CFDs on Bitcoins, Litecoins, indices, precious metals and energy. The company mission is to keep its offer and trading conditions simple and transparent. The Forex market is the largest and most liquid market in the world. It runs 24 hours during the 7 days of the week, all over the world. In fact, the forex market works much like the Bitcoin markets, however, contrary to the cryptocurrencies markets that are not regulated and where there....
SimpleFX is a Brokerage company established in 2014 that offers traders the chance to use their Bitcoins or Litecoins to Invest in the Forex Market. Its main advantage is the availability of leverage, allowing traders with small amounts to trade with high volumes. Forex is one of the best options for those wanting so trade in a safe environment with limited volatility. That’s why many of those holding Bitcoin are fleeing to invest their coins in the Forex market. The price of Bitcoin is still highly volatile and many traders are considering other options to invest their Bitcoins. SimpleFX....