Trading Bitcoin Versus Traditional Forex Currencies - Coinsetter Blog

Blog: Stop losing out trading classic forex currency pairs! We explore why you need to switch to bitcoin now. $BCOIN

Approximately 615,000 Americans trade forex, and countless more trade it outside the US. Given many traders’ strong opinions about the fate of the US dollar and other currencies, as well as historical trends that seem to confirm their predictions, it’s easy to see why so many people choose to include currency trading as part of their overall trading portfolio. The emergence of bitcoin as an alternative trading currency presents unique opportunities and challenges to those active in forex. We thought it would be a good time to cover some of the basics so that those who are interested in, but unfamiliar with trading bitcoin as a forex currency could better understand its potential. First Thing’s First: Why Traditional Currencies Suck Although traditional currencies are inviting because they’re strongly tied to macroeconomic influences (and hence are easy to understand), ther...

Full article: http://blog.coinsetter.com/2013/02/08/trading-bitcoin-ver...