Cryptocurrencies nowadays become an alternative investment for traders and investors. The emergence of Bitcoin and another thousand cryptocurrencies gives more color to the financial market world. Despite becomes debate Bitcoin still exists now and many traders and investors trade and invest in Bitcoin.
In History, Bitcoin experienced soaring highs and the bubble burst in 2018. in that time Bitcoin owners that buy in deep may become rich from soaring Bitcoin, however in the side, many Bitcoin owners get bankrupt because they buy when the price record is high and then drops drastically.
At present, Solana, the new blockchain with token SOL also experienced a similar thing to Bitcoin, with this crypto soaring more than 1000% in 2023 according article in the FXOpen blog. This is of course very fantastic record and may attract new buyers because want the SOL to continue rising.
However, we don't know the future, and the worries of Solana Bubble may feel for new buyers. So investing in forex or cryptocurrency must obey the golden rule of only spending money that affords loss.
Trading crypto itself now can accessed by CFD brokers like FXOpen which provides CFD crypto for their clients, but this option has an exception in the UK and Australia only clients categorized as professional clients according to FCA and ASIC rules allow trade crypto.
However, should understand, that trading using margin trading or leverage is a higher risk despite offering a higher return than buying crypto and store in a cold wallet.
In History, Bitcoin experienced soaring highs and the bubble burst in 2018. in that time Bitcoin owners that buy in deep may become rich from soaring Bitcoin, however in the side, many Bitcoin owners get bankrupt because they buy when the price record is high and then drops drastically.
At present, Solana, the new blockchain with token SOL also experienced a similar thing to Bitcoin, with this crypto soaring more than 1000% in 2023 according article in the FXOpen blog. This is of course very fantastic record and may attract new buyers because want the SOL to continue rising.
However, we don't know the future, and the worries of Solana Bubble may feel for new buyers. So investing in forex or cryptocurrency must obey the golden rule of only spending money that affords loss.
Trading crypto itself now can accessed by CFD brokers like FXOpen which provides CFD crypto for their clients, but this option has an exception in the UK and Australia only clients categorized as professional clients according to FCA and ASIC rules allow trade crypto.
However, should understand, that trading using margin trading or leverage is a higher risk despite offering a higher return than buying crypto and store in a cold wallet.
