Thursday, August 7, 2014

Binary Options Bitcoins – A Boon to the Bitcoins Traders

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Bitcoins has proved the proverb true, that the more famous you are, the more you are prone to criticism. After all, critics run after something that is worth the news and is of some importance that affects society. From $ 266 a Bitcoin to $66 in a matter of couple of days was quite spectacular. The fall was majorly due to a false rumor but it exposed the risks and volatility of Bitcoins. The investors who had purchased Bitcoins as a fair mean of investment started to worry, but now it has stabilized in the market which is good for both traders as well as investors. Most of the credit goes to the innovative companies who started to accept Bitcoin as a mean of transactions.

To help investors invest smartly in the market, there are a few options but what stand out from the rest is Binary options Bitcoins. The concept of Binary Options Bitcoins is aimed, which is to regain the trust of investors in this virtual currency. To make the trading currency an international one and have a currency that is not affected by the wars between two countries or inflation in Greece or some other country should not affect the price of Bitcoin.

There is a huge difference between Bitcoin trading and Binary Betting of Bitcoins. Binary trading is more risky and dangerous for investors, whereas Binary Betting is less prone to the risks and is almost immune to other effects of the market. To understand the difference let's consider the following points.

For example of the risk involved in the Bitcoins Trading, if you have purchased a Bitcoin for $100, and someone else has purchased it for $10 you'll see that your investment is not proper. The bigger risk is, if the country you are living in stops and restricts dealing in Bitcoins, your investment will be lost and you will be left with nothing but remorse.

On the other hand, Binary Betting as the name suggests is nothing but the choice of certain events going to happen or not. Suppose if at a time you are being provided with a condition with two possibilities, yes and no, and you choose one and if that happens, you make some money. If not, you lose some. But the investment you made in Bitcoins is still there and you don’t lose a heavy amount.

To learn more about binary options bitcoins, please visit www.forexminute.com.

2 comments:

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