“Shorting Bitcoins for Higher Profit is a Growing Trend,” Reports ForexMinute
ForexMinute reports that traders shorting Bitcoins are capable of earning huge profit and proving that the age old method of Forex trading i.e. shorting is invaluable even today.
Bitcoins are fast becoming an alternative for the mainstream currencies like Dollar, Pound, Yen and others. This virtual currency has also started gaining acceptability from the various governments like Chinese, Canadian and more. Traders can now trade Bitcoins and earn profiton a large scale shorting Bitcoins.
Several Forex brokers help traders by providing them Bitcoins at an interest rate. Traders can then sellthem only to be purchased later on when the time is favorable. Such trading has long been in practice in the stock market and now applies in Bitcoins trading. ForexMinute brings exclusive reviews of the best Bitcoins brokers and the services they offer to help traders as with all such information the latter can short Bitcoins in the most effective manner.
ForexMinute also offers the latest Bitcoins news and informs traders, visitors, brokers, etc. about the state/trend of the currency in the global market. Informative write ups on Bitcoins help the stakeholders remain updated and make tactically informed decisions. Though Bitcoins’ path is full with troubles as it is facing several hardships and governmental interference in the US and elsewhere, it is getting wide acceptance from several governments e.g. Chinese and Canadian.
About ForexMinute.com
ForexMinute, the world’s leading Forex news and views portal, has become a one-stop solution provider for Forex traders and brokers as well as Bitcoins news. It provides all the required tools to individuals to become a professional Forex trader. Also, it helps Forex brokers provide high-end user-friendly trading experience to traders with an array of resources e.g. financial news by the minute, fundamental analysis, technical analysis, Forex tools and others.
For more information about ForexMinute.com, visit http://www.forexminute.com/ or call +1 800 758 5780.
You can have the ForexMinute newsletter delivered to you each trading day. Simply sign up today. You will be kept up to date on the latest market action.
It’s free and simple: http://www.forexminute.com/newsletter/
Related News
A base for advance, with only two subwaves, formed during the past few days and primed bitcoin price for a launch higher. The concatenated base took us by surprise and getting into the advance – after the fact – posed some risk. However, a strong surge toward the 4hr 200MA (red) continues relentlessly and soon had us in profit. Anyone not in the current trend should wait for price to correct at curent levels (~$410-$420 Bitfinex). If trend will continue toward the 4-hour 200MA (red) in the coming days, then a push above $420 will be the que. The 4-hour 200MA is currently at $430 – a $10....
Bitcoin price has dropped quite a bit from its $69,000 all-time high but it continues to maintain high values. Investors who have been in the market for a while are deep in profit, while a small minority are the only ones in loss. Nevertheless, it goes to show how much the digital asset has grown in value given that the large majority of investors could sell now and still make a profit. 74% Of Bitcoin Holders Remain In Profit Data from IntoTheBlock shows that a total of 74% of all bitcoin holders continue to remain in profit. These investors would make a profit and some already have been....
There is a trend emerging in the bitcoin trading landscape. The trend is towards higher and higher leveraged products. If you do not have leverage or zero trade fees at your exchange, then you can expect to see tumbleweed go by every day. Give the users leverage or zero fees, otherwise expect exchange death. Stigma – Socialised Losses and high leverage. There is a chance of Socialized losses when trading at some futures platforms with high leverage. When there are a lot of liquidated positions, the system can be at a loss. To prevent the system from losing money everybody that made a....
Online news portal ForexMinute — which covers, you guessed it, forex news (plus news on Bitcoin and Litecoin and other digital currencies) — has announced it has released a new widget so its Litecoin investors can keep up to date with news about the currency. Litecoin, a digital currency that’s been billed as the silver to Bitcoin’s gold, has risen and fallen with Bitcoin this year and is currently trading at around 0.03 BTC. Litecoin is already the second largest cryptocurrency by market capitalization. The widget is available here and can be incorporated into websites or blogs. It’s....
Microstrategy has purchased 7,002 more bitcoins, growing its cryptocurrency stash to 121,044 coins. CEO Michael Saylor says, “Bitcoin is the only property you can truly own, as well as the first technology capable of granting property rights to everyone on earth.”
Microstrategy Now Has 121,044 Bitcoins in Its Treasury
The Nasdaq-listed company Microstrategy has purchased 7,002 more bitcoins. CEO Michael Saylor tweeted Monday:
Microstrategy has purchased an additional 7,002 bitcoins for ~$414.4 million in cash at an average price of ~$59,187 per bitcoin. As of....