Forex & Bitcoin

Discussion in 'Forex - Currencies Forums' started by TaurusHorns, Mar 24, 2016.

  1. radex78

    radex78 Senior Investor

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    Sometime I am ever reading if there are some way to get free bitcoin with mining bitrcoin, but I don;t know to gettting free bitcoin, just wonder, whether this cryptocurrency will become popular currency and can used in all country or not
     
  2. Opticbit

    Opticbit Member

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    OCTBB: $GBTC regular trading platforms, each share is 0.095 BTC and its currently overpriced compared to actual bitcoin

    No particular order, these are the major ones i would consider.

    1broker dot com is the only forex type one that i know people that use it.

    The rest are more bitcoin exchanges but offer other currency pairs.

    BTC-E Bitcoin Litecoin and a few other alt pairs USD RUR EUR, One of the oldest bitcoin exchanges. based in europe somewhere. Web Platform and MetaTrader. If you use metatrader you gain access to margin.

    Poloniex Margin and full return swaps, USDT (a crypto tied to usd) Bitcoin and many altcoins.

    Kraken US Based, USD, CAD, GBP, EUR Bitcoin and some alts.

    Gemini (Winkelvoss Twins US Based) BTC, USD, Etherium US Based. My only complaint is they reversed a trade for a fatfingered Market/Limit guy. If they wanted to reverse the trades they should have taken the loss, not the people who had trades get executed.

    GDAX (Coinbase us based) USD GBP EUR CAD ETH

    Bitfinex USD BTC LTC ETH Margin available, with full return swaps

    I don't think my acct will allow me to link yet so
    heres a few sites with a list of exchanges

    coinmarketcap dot com list of cryptos by market cap, click on them to view exchanges that have them available

    cryptocoincharts dot info cryptos

    bitcoinwisdom dot com charting

    coinigy dot com charting with api for multiple exchanges free trial

    bitcoincharts dot com /markets/ old list of exchanges

    en dot bitcoin dot it /wiki/Trading_bitcoins exchanges

    en.bitcoin.it wiki List_of_Forex_markets exchanges

    I would suggest spreading your money into multiple exchanges incase one gets hacked or otherwise becomes insolvent.
    also any crypto you plan to hold long term, I suggest getting a real wallet (only you have the private key) for that crypto.

    you may want to consider taking your coins out of the market over night. If you want quicker access you might want to convert to litecoin take it of the exchange over night, and then put it back in, in the morning.
     
  3. radex78

    radex78 Senior Investor

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    On certain on broker I am trying trade on btcusd, but I see average movement daily very low for now, my pending order still not yet touched by price mnovement, but look on the chart, btcusd sometime move very large movement still wonder what factor the cause btc move very strong movement
     
  4. puru rama

    puru rama Active Member

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    A Standard Forex Trade

    To start with, here is a case of how a standard forex exchange functions. Envision you are an American broker wagering on the British pound/U.S. dollar coin combine (GBP/USD). You store $100 with your forex intermediary. Expecting the rate of $1 = £0.5, you will get £50 for your $100. On the off chance that the GBP/USD rate changes to 0.45, you close the position to 50/0.45 = $111.11. That is, you make a 11.11% benefit over your underlying $100 store.
     
  5. radex78

    radex78 Senior Investor

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    In forex trading using pips to calculating profit and loss, price movement on pair easily to changed sometime just on few minute possible changed, but forex is risky, mistake in analysis will causing loss, so because not always as trader can analyze trend accurate all the time, hence risk management plan still required.
     

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