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Why should you trade bitcoins online rather than traditional investment? This is a questions that many have thought upon. In this post, I will give some insights on why bitcoin is more preferable compared to traditional investment.submitted by CharacterCucumber6 to u/CharacterCucumber6 [link] [comments]
Due to the global establishment of trading platforms, cryptocurrency exchanges and brokers, bitcoins have been viewed as one of the most liquid-able assets in today’s financial market.
Compared to the shares of a company or publicity traded funds that require the third party institution to operate, the investors of bitcoins are able to trade bitcoin for cash or for other assets like cryptocurrencies and gold instantly, with low fares.
Over the years, bitcoin has a strong performance with momentous returns and ongoing customer adoption.
Based on the result, it showed that the return of bitcoin (Blockchain) has against the FANG stocks (Facebook, Amazon, Netflix and Google). Even when bitcoin value has dropped, it is still performing way better than FANG stocks.
Wealth re-distribution and ease of entry
Since bitcoin is an open source, unlike the traditional stocks, that is no way for an individual to claim the ownership. Within the bitcoin millionaires, it has created a lot of wealthy users who are less than 30 years old.
It is rare for the young people today to hold million-dollar investments. Many of them would participate in wealth creation through bitcoin investment, yet not many will have the ability to purchase big amount of stocks from the company like Facebook. Compare to the traditional investment, bitcoin is more favourable by the young people nowadays.
Can be exchanged to other assets
Different from bitcoin, traditional stocks can only be exchanged to cash after being sold. On the other hand, bitcoin can be transferred to other cryptocurrencies like litecoin, ripple, ethereum, etc., which can be hold for its value in the future
Furthermore, the function of bitcoin has become greater which people can use bitcoin to purchase goods and services as well as buying real estate.
After learning what bitcoin can do for you in life, would you like to trade bitcoin online using your mobile app? Go to m.explus.com for the bitcoin trading simulation and start your journey to millionaire now!
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The crypto market needs new, more advanced platforms. The new TOZEX crypto platform is a great example where everyone can get the best conditions for cryptocurrency trading, as well as launch their new crypto crowdfunding company. All this can give a great profit and make the crypto industry better. Don't miss out on a great opportunity to learn more about TOZEX right now: https://tozex.io/submitted by venbusiness to u/venbusiness [link] [comments]
My username: venbusiness
Best Cryptocurrency Trading Platform. Shanthi Rexaline. Contributor, Benzinga October 7, 2019 Updated: May 26, 2020. Benzinga Money is a reader-supported publication. We may earn a commission when This cryptocurrency exchange platform focuses on trading at low risk, but confirming recurring purchase across the order books is the central part of its goal. This platform is working to promote adoption to cryptocurrency since 2016. Liquid offers high performance API, deep liquidity, and low fees. We offer some of the most unique trading experience in the industry with a wide variety of assets, all in one platform. If you have any question, our customer support agents stand by 24/7 to support you. Best trading platform for cryptocurrency: look into their features and choose Cryptocurrency is the digital currency for all types of online transaction. The world is changing and so is the use of currencies. People are no more carrying hard cash for shopping, business or bank transaction. Even the lenders are paid through online transfer. […] Trading fees: 0.20% 24-h trading volume: $768 694 016. Huobi interface. Huobi is a cryptocurrency exchange founded in 2013: today, it is an expert trading platform for professional traders. Initially, Huobi operated only in China, but in 2017-2018, the platform was opened to the world.
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