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Forex is a portmanteau of foreign currency and exchange. Foreign exchange is
the process of changing one currency into another currency for a variety of
reasons, usually for commerce, trading, or tourism. According to a recent
triennial report from the Bank for International Settlements (a global bank for national central banks),
the average was more than $5.1 trillion in daily forex trading volume.
Because of the worldwide reach of trade, commerce, and finance, forex markets tend
to be the largest and most liquid asset markets in the world.
Market participants use forex to hedge against international currency and interest rate risk,
to speculate on geopolitical events, and to diversify portfolios, among several other reasons.
The reality is that investing in the stock market carries risk, but when approached in a disciplined manner,
it is one of the most efficient ways to build up one's net worth. While the value of one's home typically
accounts for most of the net worth of the average individual,
most of the affluent and very rich generally have the majority of their wealth invested in stocks.
Commodities are hard assets ranging from wheat to gold to oil. Commodities trading determines
the prices of all commodities. As a result, the prices of the most important items you
use every day are volatile. In some cases, like gasoline, they change from day to day.
A significant amount of trading occurs in oil, gold, and agricultural products.
You don’t have to understand bitcoin to realize that banks, businesses, the bold,
and the brash are cashing in on cryptocurrency.
Cryptocurrencies such as Bitcoin are digital currencies not backed by real assets or tangible securities.
They are traded between consenting parties with no broker and tracked on digital ledgers.
Cryptocurrencies hold the promise of making it easier to transfer funds directly between two parties,
without the need for a trusted third party like a bank or credit card company.
Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account,
or buying and selling the underlying coins via an exchange.
We trade and mine top cryptocurrencies like BTC, BCH & ETH.