... ...

Bitcoin

There’s been a protracted disagreement on the authentic individuality of Bitcoin, if it ought to be considered a currency or a commodity.

With decent support on every side of the argument based on its inherent features, a enormous sector of the ecosystem is of the view that Bitcoin may, and ought to be considered both a money and a commodity.

Whatever definition attached to Bitcoin, the continuous variation in cost provides an chance for investors to earn a profit by trading the cryptocurrency, either as a long-term investment or inside a speculative short-term pattern.

Trading rules

According to him, it is all dependent on the industry movement pattern. He informs Cointelegraph that Bitcoin worth rises and drops dramatically during each trading day, jumping in whole dollar figures. A phenomenon that he explains as quite insecure when misjudged.

According to his trading expertise, Aminu summarizes a set of principles for novices who may Want to gain in the Bitcoin marketplace as follows:

Your funding ought to be divided into smaller lots for numerous places at different cost levels.
Don’t invest your life savings or cash that will change your life radically in case of a reduction. This principle is important mainly as a result of current degree of uncertainty that still exists inside the Bitcoin marketplace.
Take complete advantage of available technologies so as to obtain maximum gain
Knowing the sector is an ongoing process and needs a good deal of time, concentration and energy. It’s quite critical to perform research and be current with current trends. It’s necessary to remain focused, unemotional and specialist.
Dealers ought to remember that losing, only as far as winning, is still an essential part of trading. It’s the accumulative benefits that count.

A Guide to Cryptocurrency Trading Tools – Legal Reader

0
As an emerging and continually evolving sector of the financial markets, cryptocurrency  offers huge potential to traders of all levels. Only a few years ago, crypto trading was largely limited to the spot markets, with little opportunity to short trade and profit from bear markets.

You Can Now Buy Stocks Any Time of Day on This Crypto App –...

0
A new service is bringing around the clock trading to US based-stocks, in a format that will make it easier for investors around the world to get in on some of the fastest growing public companies in the world.

Trading Bitcoin: The 2 Most Common Ways To Go About It

0
Posted on October 7, 2020 by Allen Brown Bitcoin is getting more mainstream by the day both in terms of how easy it has become to use to buy things and for how much money there is to make off of investing. With the newfound interest in Bitcoin, people are wondering how to go about…

Q3 2020 Recap: Bitcoin Continues Rising Despite Global Uncertainty

0
Bitcoin provided investors the opportunity to grasp a Q3 return of more than 18% even with the substantial losses that came in September. Although the so-called “September Effect” was quite significant, it seems like nothing can prevent BTC from achieving its upside potential.

September Selloffs Pushed down Crypto Prices, Trading Activity: eToro | Finance Magnates

0
It has been a big year for crypto. Even though price drops and declines in trading volume may have characterized the past few weeks, Simon Peters, a market analyst for social trading firm, eToro, would like to remind traders to take the long view.

Chipper Cash CEO Hints at Possible Bitcoin Trading Support on the Platform with a...

0
👀🚀 pic.twitter.com/HtXfJ6YndQ — Ham Serunjogi (@HSerunjogi) October 3, 2020 The Co-Founder and CEO of Chipper Cash, Ham Serunjogi, has excitedly tweeted a bitcoin trading interface on the Chipper Cash app.

Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority | Exchanges Bitcoin...

0
Coinbase is handing over customer data to the British tax authority, Her Majesty’s Revenue & Customs (HMRC). The measure affects customers with a U.K. address who received more than £5,000 ($6,450) worth of cryptocurrency during the 2019/20 tax year.

JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading | News Bitcoin...

0
JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation.

Crypto precedent: N.Y. judge rules Kik’s digital currency was a security, grants win to...

0
By Alison Frankel 8 Min Read (Reuters) - There is scant precedent on whether cryptocurrency developers can sell tokens to the public without triggering U.S. securities laws. So a decision Wednesday by U.S. District Judge Alvin Hellerstein in Manhattan, concluding that Kik Interactive violated U.S. securities laws when it sold a new digital currency called…

Cryptocurrency Exchange CoinZoom Selects Acuant’s Mobile Solution to Meet Know Your Customer (KYC) Regulations

0
LOS ANGELES (PRWEB) September 30, 2020 Acuant, a leading global provider of identity verification, today announced that CoinZoom, a U.S. regulated cryptocurrency exchange, is using Acuant’s all-in-one Trusted Identity Platform for automated identity verification and compliance to manage fraud and meet Anti-Money Laundering (AML) regulations.