You Don’t Have To Own Bitcoin To Profit From Them Bitcoin is an incredible movement. This new crypto-currency has caught the attention of many and for good reason. Bitcoin is essentially a bet against central banks. A bet that financial markets will level themselves. But that’s a different story entirely. Today, we’re going to talk about something I get asked quite a bit. That question is, “Do I have to own bitcoin to profit from the currency?” The answer is no! Today, we’ll talk about why bitcoin is actually a great asset for derivative investments like binary options. Why Do I Get Asked This Question In The First Place When I first got asked this question, one of the first things that came to mind is “Why?” However, as I dug deep into the bitcoin market, I started to realize that the answer was clear. At the end of the day, bitcoin is a currency that’s designed in secrecy. The anonymity associated with the currency helps to increase its demand, but also makes the market scary for new comers. After all, there’s been several cases of bitcoin simply disappearing out of thin air. So, I can definitely understand why an investor would want to take advantage of trends in bitcoin without actually owning the crypto-currency. What Are Derivative Investments And Binary Options Before we get into why bitcoin makes...Read More
Month: August 2016
- Bitcoin Prices Retreat Toward $4, 100 While Bitcoin Money Soars
- Bitcoin Prices Retreat Toward $4, 000 While Bitcoin Funds Soars
- Bitcoin Prices Reach New Perfect High of Over $4, 600
- S&P 500 or Cryptocurrency: Just How Big is Bitcoin’s Price Explosion?
- Blockstream Is Using Satellites to Light Bitcoin Down to Earth