In case you’ve switched off from the world for the last six months, you’ll have heard of Bitcoin. There’s a good chance that you know what it is already, but for those of you who are unclear, or have never heard of it before, here is a simple explanation. Bitcoin is a decentralized cryptocurrency. That means that it’s not centralized like a fiat currency, like dollars or euros, and exists entirely digitally. Continue reading
Bitcoin is a decentralized digital or virtual currency that usually no one owns and the Government has no control over it, so they cannot influence the circulation and operation of a Bitcoin. This usually uses peer – to – peer cryptographic proofs and networking just to operate this system. Sometimes, this system influences, creates, and controls scams and frauds freely by recording transactions in a public history records, block – chains, and once validated with proof of work systems becomes valid and binding. However, can this system control the Bitcoin fraud and swindle? Hard to say, because most rip-offs and frauds happened in a virtual and online community, so this system is not a 100% safe and secure. Continue reading
When considering owning precious metals, buying silver versus gold becomes the top consideration. On the overall, one has to consider the long term advantages of one against the other.
Advantages of Silver
Currently, buying silver has more advantages than buying gold. To start with, silver has remained cheap for a long time. This means that more people would go for silver while gold would be bought mainly by banks. Recent market trends have indicated that silver has been outperforming gold having moved from $3 to $40 for an ounce of silver. Continue reading
If you have not been filled in yet, the digital Bitcoin is the attempt to create a currency on a virtual level, that’s right it’s a currency that has no physical representation. It has been released as a global currency designed to replace the physical Fiat Currencies. The problems and challenges that surround the life of the new “Computer” Currency is one of keeping it safe from Cryptic hackers with the highest level of internet security. One thing is for certain, the creation of this new Currency will hold many challenges when facing the strong but proven physical Gold and Silver Currencies. The currency however, has a plethora of advantages over it’s physical counterpart, as it costs nothing to create, it is virtual data, that you receive that will fluctuate in value to the markets liking. Continue reading
There are many beginners who get into the Forex trading with the aim of being rich as soon as possible without the use of a Forex Pro. They might have been motivated by the huge success of Forex Pros so they want to have the same kind of achievement for themselves.
If you are a Forex novice, there is really nothing wrong if you follow the footsteps of successful Forex traders. But you must be willing in order to learn the secret behind their success and prepare yourself to follow them properly and execute their strategies consistently.
First of all, you need to know that there is no any particular formula to be a successful Forex trader. Forex Pros are doing well mostly because of their vast knowledge and experience of trading in Forex. Their awareness in the whole system and the approach that they have gained over time help them to make correct predictions by judging the Forex market movements precisely. This ability cannot be gained by a secret formula and comes from experience. Continue reading