Forex is investment is a country - page 2.

First77

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Quote from: Ranly123 on July 02, 2018, 01:37:27 AM

In your last statement, does Bitcoin doesn't really look good? In what aspect does it not looking good? I think it is not trying to eliminate the powerful currencies but it simply give another chance to those less fortunate in lives to have a decent financial dependability.

Forex trading is $4,000,000,000,000 every day. How will Bitcoin get near that, I fail to understand. US Dollar, Gold, Silver have seen 100 years of world trade and commerce, world war 2, 9/11 terrorists attacks in USA, economic crisis and much more.....

Ranly123

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Quote from: First77 on March 25, 2018, 11:30:43 AM

Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.

Gold is preserve of wealth. After 100 years of industrial revolution, Gold has seen and survived many wars, economic crashes, 9/11 terrorist attacks, economic booms, technology revolutions and more.. There is $10 to $90 worth of Gold in each computer/laptop processor.

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies.

In your last statement, does Bitcoin doesn't really look good? In what aspect does it not looking good? I think it is not trying to eliminate the powerful currencies but it simply give another chance to those less fortunate in lives to have a decent financial dependability.

okala

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Because bitcoin is decentralized that did not make it not to have impact on country economy! We read from Japan last year how the country make they GDP growth with the legalization of bitcoin. I believe that investments into forex is investing into the country economy and I also believe that investments into bitcoin or cryptocurrencies is investments into humanity.

First77

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Now trade war started by U.S President Donald Trump with China, Canada, European Union, India, Mexico.....

Forex will be BIG NEWS for coming years......

winterland

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Quote from: First77 on March 25, 2018, 11:30:43 AM

Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies

You are right when you say that investing in the currency of a country is in a way investing in that country since most currencies can only be used locally but this is precisely why I do not want to have fiat, I do not trust in the governments and their printing machines that do not stop printing money so we need to hold something they cannot print, gold and silver are great and I believe bitcoin is great to hold as well.

Ilegendph

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Thinking on the higher plane of existence.

Quote from: First77 on March 25, 2018, 11:30:43 AM

Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies

Bitcoin may have not good future in this industry but consider the fact that its main goal is to be used as a currency and not as an investment scheme. Though it fail to do its goal, but still there are improvements and othet crypto that can replace it.

Decentralization is something we should embraced of because it means freedom. Freedom to make choices and not limited by some rules and regulations by anyone.

breathlessz

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Trphy.io

Quote from: Bitfling on June 30, 2018, 10:34:36 PM

Quote from: First77 on March 25, 2018, 11:30:43 AM

Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies

Bitcoin futures is like gambling with a large amount of money. I am prefer like on cryptoxchange right now where price can not be manipulated. In futures, investor with large money can control the price and in real cryptomarket that will not happen

i think it will still be manipulated for whales, like in the forex world there is also a black market that manipulates it, but it is not in long duration. until now the government does not yet have a policy on bitcoin, and what i worry about is that too

Bitfling

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Quote from: First77 on March 25, 2018, 11:30:43 AM

Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies

Bitcoin futures is like gambling with a large amount of money. I am prefer like on cryptoxchange right now where price can not be manipulated. In futures, investor with large money can control the price and in real cryptomarket that will not happen

ilnick

newbie

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There is no connection between Forex and investments in the country. From the growth of the capitalization of the Forex, the standard of living of the population is improving nowhere.

leostrong.mo

newbie

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Foreign exchange investment is the exchange of one country's currency for another country's currency.
Foreign exchange is endorsed by the state as a credit! The foreign exchange market is currently the world's largest financial market!
The foreign exchange market has shown great development prospects!

atorle

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On the contrary, I think bitcoin is the future for same reasons, mainly decentralized systems.the world will favour decentralisation in the future as trust with government schemes are taking a graduation fall

Hydrogen

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Quote from: First77 on March 25, 2018, 11:30:43 AM

Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies

I think bitcoin being characterized as a "threat" attempting to "eliminate" other currencies is an inaccurate way to view things. Bitcoin is a competitor to fiat currency. This does not represent a negative. If fiat currencies are well managed by governments and effectively regulated than bitcoin may have no role and nothing to offer society. But if the opposite is true, and fiat is poorly managed and ineffectively regulated then the door is open to bitcoin and other crypto currencies providing some tangible benefit. Bitcoin's success or failure partly hinges upon how well its competition does its job.

Don't forget. Many of the world's best and most useful innovations have come from competition between rival groups.

Nikola Tesla and Thomas Edison's AC versus DC current battle contributed significant gains to civilization and society at large.

Bitcoin being in competition with fiat could offer similar benefits to society and so one might ask what's the point of casting a negative light on this? Do we embrace competition as it has the potential to create powerful benefits and innovation? What is the mentality being displayed when people say bitcoin is a "threat"? Who and what is bitcoin a "threat" to exactly? And why should they feel threatened?

big_bankir

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Bitcoin is the turning point for the entire financial industry and considering that Bitcoin is only temporary, you make a big mistake.

zhanyiguai261315

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A country's economic and trade trends also have an impact on the value of the country's currency, and similarly, investors can make gains by selling low and buying a country's currency.

This is the essence of foreign exchange investment! With the exchange rate, the country's economy!

Chusnul

newbie

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Forex trading is similar to the top most investment strategies. It's basic concept remains same, which means that a trader should buy a currency when the prices are low and should sell when the market get rise. A trader is allowed to buy the currency with another and have rights to exchange his/her starting currency for the one that he/she believes to increase in value. With more than billions of dollars which is worth of currencies are traded globally every day. The foreign exchange market is highly traded in the world that makes a forex trading one of the liquid and dynamic markets. The very popular method for Forex trading is on the spot market. In this, the currencies are brought and sold at the updated price according to the current market. The price of the stocks and shares are dependent on many factors such as political stability, interest rates, inflation level, economic performance etc.

xuan87

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Well forex is centralised investment, it's true that if you invest in forex you kind of helping the country but there are too many rules in forex, I prefer a decentralized investment that out from governments supervision, I want an investment that got limitless rising, and Bitcoin doesn't intended to eliminate any currency, and Bitcoin got no power to do that, both forex and crypto got it's own supporters and advantages

fauzan Ichsan

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Quote from: @theman on April 25, 2018, 12:59:26 AM

Not sure. I never got to earn money on Forex. I did my best. Perhaps because there were no good teachers.

i think trading in forex is almost similar to trading cryptocurrency. but to analyze i think it will be easier forex, because obviously that affects currency is the economic conditions in a country, unlike cryptocurrency of pure demand and supply

@theman

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Not sure. I never got to earn money on Forex. I did my best. Perhaps because there were no good teachers.

fiulpro

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Bitcoin in no way is attempting to ELIMINATE worlds major currencies at all. Thats a vague accusition. It is an alternate means of money. Its similar to gold and silver. Why would you trust gold? Isnt one gram of gold worth more than 1$? Now would you say gold is trying to eliminate dollor?

These assets and monetary exchanges work side by side without really harming each others. If theres a user new to bitcoin, how do you think they buy it? Obviouly by using their local currency. Now its anyways in governments power to completely allow transactions in digital currencies or not. Bitcoin has really no power over governments. They can ban it in one stroke. Certainly government is getting some kimd of revenue out of bitcoin, thats why it is so successful.

Kronos21

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For me Forex trading is a Scam. I will never use their services. Cryptocurrency exchanges are much better. If we solve the communication problem within the bitcoin community and bitcoin will be used as a currency we will be able to solve a lot of issues. Monsters of the currency and stock market are United and act as a United front. We need to learn from them to achieve good results.

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