Cryptocurrencies, or digital currencies, are fast emerging as one of the most popular asset classes for seasoned traders as well as new arrivals to the scene.
While some investors prefer to own cryptocurrencies such as Bitcoin (BTC), many are opting to deal in CFDs instead, and that’s what this video focuses on – how to buy and sell cryptos for speculative gain.
‘Lots of people who bought into cryptos, bought and held on to them, hoping they would go up in value’, says Martyn Price of SGT Markets. ‘But that’s not really a trading strategy, more a blind hope that the product you bought will become more valuable over time. Trading cryptocurrencies, as a CFD (contract for difference), is much like buying and selling forex pairs, where you can exploit price movements to seek an upside whether you have bought or sold.’
In this episode, Peter Kristensen and Martyn Price (CEO of SGT Markets) discuss some of the key concepts behind trading cryptocurrencies, how beginners can get started and why trading cryptos is very similar to trading any other asset class, even if the volatility levels are often much higher in crypto!
Don’t miss this if you are interested to learn how trading cryptos can be as rewarding as trading forex and other traditional assets, but in a new market with unparalleled price volatility.
Watch Episode 5: MARKET VIEWS
Hosted by seasoned financial markets experts Adam Hill, Hilton Supra and Peter Kristensen, Market Views aims to cover the latest news on trading, trading strategies and markets. Founder and openbusinesscouncil SEO Dinis Guarda kick starts the new series and what it tries to achieve. A podcast produced by openbusinesscouncil and JP Fund Services.
Financial markets are constantly changing and evolving, which is why investors need to stay informed on the latest trends and strategies. With the right information, investors can make informed decisions and capitalize on opportunities in the market.
The podcast aims to provide an impartial and informed perspective on financial matters by featuring experienced financial professionals. This approach ensures that listeners are presented with the most accurate information available, helping them to make more informed decisions. With this in mind, the podcast provides a great resource for those looking to gain a better understanding of the financial world.
Likewise, Market Views podcast provides up-to-date financial news and information in an unbiased manner, allowing audiences to stay informed of the latest developments in the sector. With this podcast, listeners can remain informed of the most current financial news, as well as gain a better understanding of the industry as a whole. The podcast offers a comprehensive overview of the financial world, helping audiences to form their own opinions and make informed decisions.
Tradersdna is a leading digital and social media platform for traders and investors. Tradersdna offers premiere resources for trading and investing education, digital resources for personal finance, market analysis and free trading guides. More about TradersDNA Features: What Does It Take to Become an Aggressive Trader? | Everything You Need to Know About White Label Trading Software | Advantages of Automated Forex Trading