66. Crypto Trading #1: Risks & Rewards

Ever since its inception, Bitcoin has skyrocketed in popularity, but has taken investors and traders on a wild ride. Its success paved the way for the emergence of numerous other crypto coins. However, due to the decentralised nature of cryptocurrencies, they are highly susceptible to sudden price fluctuations.  While this volatility may provide opportunities for high returns, it also carries a higher risk of losing money. In this episode, Alison and Chris delve into the history of cryptocurrency and explain both the pros and cons of trading cryptos.

For more info on crypto, please visit: https://fxscouts.com/cryptocurrency-trading/

DISCLAIMER
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.  Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.