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Trading on Forex with bitcoin

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  • (ask) Trading on Forex with bitcoin

    What do you know about cryptocurrency? How do you think is it good way for earning money by trading on forex with bitcoin?

  • #2
    Норме топик

    Я извиняюсь, но, по-моему, Вы не правы. Я уверен. Давайте обсудим это. Пишите мне в PM, пообщаемся.


    .
    монтаж тканевых натяжных потолков

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    • #3
      Trading bitcoin as a commodity against USD or EUR, in my opinion, is riskier but at the same time lucrative too because of its volatility. I am also planning to trade it as one of my broker hot forex has started offering it against the major currencies.

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      • #4
        I do not think that trading Bitcoin is risky, it is the same as in Forex. We have to analyze market so that we can trade. As we do in Forex for trading. Bitcoin is the currency and nowadays it is very popular in traders for trading.

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        • #5
          Yeah, but I prefer trading with Forex Trading, as I have spend quite a lot of time to learn it, thus I don't want to get involve in the Bitcoin.

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          • #6
            Although there are many brokers now accepting Bitcoin, not I believe we have to be with a reliable and trustworthy broker, as it is sort of necessary part and one got to have it.many that can really fill you with joy in terms of being reliable and trustworthy.

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            • #7
              Originally posted by Beloved View Post
              Although there are many brokers now accepting Bitcoin, not I believe we have to be with a reliable and trustworthy broker, as it is sort of necessary part and one got to have it.many that can really fill you with joy in terms of being reliable and trustworthy.
              The leaders in BTC trading volumes (CFD contracts) is Hotforex. That's why I stick to them now, best liquidity.

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              • #8
                From a perspective of market liquidity and depth, BTC is no match for the forex. Bitcoin is dramatically more volatile, with higher slippage/spread and outrageous transaction fees. Very illiquid at times.

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                • #9
                  Originally posted by Beloved View Post
                  From a perspective of market liquidity and depth, BTC is no match for the forex. Bitcoin is dramatically more volatile, with higher slippage/spread and outrageous transaction fees. Very illiquid at times.
                  Still you can easily make money there trading on pullbacks. I don't risk my capital holding bitcoins physically, but speculate on its movements on my Hotforex account which offers BTCUSD CFD contracts.

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                  • #10
                    You need to deposit into a trading account using bitcoin. Many Forex brokers now allow traders to deposit via bitcoin, Dash, litecoin and even ethereum. So, this is very possible. Trading Forex with bitcoin and trading bitcoin are two different things. From my Forex mt4 I can see bitcoin available for trade.
                    Last edited by loftrader; 20-12-2017, 12:42 PM.
                    Get Free money to trade Forex

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