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Trading cryptocurrency with CFDs
Wednesday, August 9, 2017
Expert: Jerry Goodwill Hosted by: FXPMarkets- Cryptocurrency
- CFD
- Beginners
- Intermediate
- Advanced
Trading bitcoin and other cryptocurrencies in the form of CFD’s are easy and profitable. There is a great deal of market excitement about these new assets. Trading bitcoin and Ethereum different than trying to shop or bank with them. Using CFDs (contracts for difference) trading and speculating is reliable and offers new assets to your trading plans. For conventional currency markets trading in the monies of stable, profitable countries, the fluctuations within the value of each currency is measured in fractions of a penny. Bitcoin values, on the other hand, rise and fall dramatically throughout each trading day, jumping in whole dollar amounts opening the door to huge profits.
Volumes indicate the liquidity of an asset. The greater the liquidity the easier it is to buy and sell, even when there is turmoil, and the lower the Bid-Offer spread and therefore the cost of trading. You want to avoid assets with tiny liquidity as when the shit hits the fan it will be costly to exit. Bitcoin has world-class liquidity. You can trade this rapidly growing currency against the greenback, 24/7*. Bitcoin is highly regarded among currency traders, and its volatile nature makes it ideal for leveraged CFD trading. You do not need a new account. You can trade Bitcoin and Ethereum CFDs now. In this webinar we will look at how to trade Bitcoin and Ethereum with CFDs, what strategies work best and how to analyze the current prices.
JERRY GOODWILL
Mr. Goodwill holds a business degree from the University of Albany and founded the successful trading academy Forex Learning Institute. He has had a lifelong involvement in trading forex for over 20 years as both a trader and a coach. He brings his ambition and coaching experience to his students worldwide. His webinars are deeply informative and inspirational for traders of all levels and styles. His goal is for you to reach your maximum trading potential, and then surpass it!
Volumes indicate the liquidity of an asset. The greater the liquidity the easier it is to buy and sell, even when there is turmoil, and the lower the Bid-Offer spread and therefore the cost of trading. You want to avoid assets with tiny liquidity as when the shit hits the fan it will be costly to exit. Bitcoin has world-class liquidity. You can trade this rapidly growing currency against the greenback, 24/7*. Bitcoin is highly regarded among currency traders, and its volatile nature makes it ideal for leveraged CFD trading. You do not need a new account. You can trade Bitcoin and Ethereum CFDs now. In this webinar we will look at how to trade Bitcoin and Ethereum with CFDs, what strategies work best and how to analyze the current prices.
JERRY GOODWILL
Mr. Goodwill holds a business degree from the University of Albany and founded the successful trading academy Forex Learning Institute. He has had a lifelong involvement in trading forex for over 20 years as both a trader and a coach. He brings his ambition and coaching experience to his students worldwide. His webinars are deeply informative and inspirational for traders of all levels and styles. His goal is for you to reach your maximum trading potential, and then surpass it!