The Binary Way

Forex trading is when foreign currencies are being Traded against each other, when one strengthens and the others weakens. The main purpose for every forex trader is to maximize profit by selling high and buying low. NEED TO KNOW ABOUT FOREX In forex Trading, you are purchasing a currency and trading it against another. For example, if you are to purchase the Chinese Yuan and sell the US dollars, you'll be going long CNY/USD. Overtime, the Yuan compared to the dollar exchange rate will change, and by the time you close out the trade you would either have made profit or face a loss when you later sell Yuan to purchase Dollars. When the trade is open, and let's say 100,000 yuan cost $13,500, if the price of dollar weakens, when you close the trade, you would have sold the 100,000 Yuan for more than you bought it, let's say you now sell it for $14,000 that means you made a profit of $500 on the trade. BROKERAGE  The Place where Forex trade are conducted are call

A lot of people have that money they always want to use to invest in cryptocurrency, like bitcoin, ethereum and all other altcoins. But they don’t have the knowledge on how to go about it or how to buy and sell it, that’s why I wrote this article to help you with that. Before you put your money into cryptocurrency you have to know things about investing in cryptocurrency and if you don’t know click here . To buy, store and sell bitcoin or any other cryptocurrency, you need to have a cryptocurrency or digital wallet. WHAT IS A DIGITAL WALLET A digital wallet is software programmed to store public and private keys, which also interacts with various blockchains to help users buy, sell and keep an eye on their balance. Like I said to buy, sell or make any transaction with cryptocurrency, you need to have a digital wallet. HOW DOES DIGITAL WALLET WORK? A lot of people use digital wallets and when I say a lot of people I mean MILLIONS of people make use of digital wallets, b

WHY SHOUD I INVEST IN CRYPTOCURRENCY Cryptocurrency is a good investment and it could also be bad one. With the volatility of the market and cryptocurrency being young, we can’t give a yes or no answer about investing in cryptocurrency. Bitcoin and ethereum are the hottest cryptcurrency now to invest in; you would want to invest in cryptocurrency to increase your worth against the fall of dollar. Why you also need to invest in Cryptocurrency is because you would be part of a new technology and aid in the social vision behind cryptocurrency. WHICH OF THE CRYPTOCURRENCIES IS SAFE TO INVEST IN The only cryptocurrency that has been widely recognized is Bitcoin, until 2016 when other cryptocurrency starts evolving. The best Cryptocurrency to invest in now is bitcoin or ethereum. A good starting point is shown in this link >> How to make money from Cryptocurrency. HOW TO INVEST IN CRYPTOCURRENCY Before you start investing in cryptocurrency you should know deep th

Cryptocurrency is more than a hobby since they’ve been introduced since the 90s, but cryptocurrency has started catching the eye of financial institutions and professional traders. As Bitcoin starts growing in popularity, financial advisors are facing hard questions and also decisions from their clients. They may talk about the risk associated with investing in Cryptocurrencies and educate them against it, but the final decision is still up to the clients. Advisors should be able to educate their clients on tax issues and other legal things related to cryptocurrencies that they need to know. BLOCK CHAIN TECHNOLOGY A ledger kept by all participants in the market is known as the Blockchain Technology. It can also be an incorruptible digital ledger of transactions that can be programmed to record digitally everything of value. Central banks print out physical currencies but cryptocurrencies rely on Blockchain technology to decentralize the process. In 2009 bitcoin became the

WHAT DOES CRYPTOCURRENCY MEAN? A cryptocurrency is a digital currency which uses cryptic security. They are difficult to replicate because of their cryptographic security system. It’s not controlled by the government, making it impossible for government to manipulate or interfere. The first cryptocurrency that caught the attention of the world is the BITCOIN, and it was launched in 2009 either an individual OR group which goes by the name Satoshi Nakamoto. Around April/may bitcoin was around 17 million I circulation with a market value of $140 billion. The success of bitcoin brought about other cryptocurrencies such as, Ethereum, PpCoin, litecoin, e.t.c. CRYPTOCURRENCY BENEFITS AND SETBACKS With cryptocurrency you can easily transfer funds between two parties, and this is done with public and private keys for security purpose. This transfers are done with little processing fee unlike the huge amount collected by most banks for bank charge for wire transfer.   Also we have w