Trade Genius is proud to offer our members our new Crypto Currency Trading Signals. Starting out with a small portfolio? Then this may be the perfect option for you!
Trade With Under $500!
Binary Options Trading is as simple as choosing a buy and sell price. But the way you make those choices involves all the analysis, intuition, and discipline as any other kind of trading. Crypto Currencies are the future and Trade Genius understands this.
Traders have seen 1000% ROI’s trading Crypto Currencies and we see this as the financial industries “best kept secret”. Our signal service will notify you when WE buy and sell certain crypto currencies and at what price.
How Do Crypto Currencies Work?
First, we recommend you study the basics of crypto currency using our certified Cryptocurrency online video course available here. Once you are finished with the course, you than will be ready to buy and sell Cryptocurrencies!
To get started trading, you will need to purchase our monthly or annual binary optioins/crypto currency subscription her.
What is a Crypto Currency?
What’s a cryptocurrency? Wikipedia’s definition is “a medium of exchange using cryptography to secure the transactions and to control the creation of new units.” Cryptocurrencies exist only in the digital realm; there are no physical coins or paper notes.
Cryptocurrencies have no intrinsic value. They share this characteristic with fiat currencies issued by governments/central banks:
“Fiat money is currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith. Fiat is the Latin word for “it shall be.” (Source)
Though major central banks own gold, the currency they issue is not “backed by gold,” i.e. it cannot be converted into gold upon demand.
The value of fiat currency is a function of supply and demand. There are many sources of demand for currency: governments demand taxes be paid in their fiat currency, for example, and this creates demand for the currency.
There is however only two sources of supply: the central banks of nation-states (or regional unions like the Eurozone) and private banks in fractional reserve money systems that enable banks to create new money via issuing new loans.
In a fractional reserve banking system, if a bank has $10 in cash deposits (i.e. in reserve), it can issue a new loan of $100. This loan is new money that was created out of thin air. When the loan is paid in full, this new money disappears from the system.
When central banks or states issue new currency in excess of what the economy is actually producing, the supply overwhelms demand and the currency’s value (i.e. purchasing power) falls accordingly. Venezuela offers a present-day example: the official exchange rate of the Venezuelan bolivar is 10 to the U.S. dollar (USD), but the “street”/black market value is closer to 1,000 to 1 USD. (My correspondents in Venezuela report that it is illegal to post the black-market exchange rate on a website.)
Governments typically restrict alternative currencies to protect their monopoly on money issuance: residents must use the government-sanctified currency or face prosecution and prison.
The U.S. government has declared bitcoin is a commodity (i.e. property) rather than a currency. Other nations have banned bitcoin (presumably out of recognition that it is an alternative currency outside their control.)
Why does bitcoin have any value at all? There are two basic reasons:
- The supply is limited. The design of bitcoin limits the total number of bitcoins to 21 million. (If you really want to know why this is so, you’ll need to understand the blockchain and bitcoin mining, topics that are beyond the scope of this article.) At present, there are over 15.5 million bitcoins in circulation, roughly three-quarters of the eventual issuance of 21 million.
- There is demand for bitcoin precisely because it is outside the control of governments/central banks and cannot be devalued at will by governments/central banks.
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- Crypto & Binary Signals
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Learn to Trade Crypto Currency
Our Available Online Courses
INTRODUCTION TO CRYPTO CURRENCIES, THE HISTORY OF MONEY
INTRODUCTION TO CRYPTO CURRENCIES, WHAT ARE CRYPTO CURRENCIES
INTRODUCTION TO CRYPTO CURRENCIES, HOW THEY WILL TAKE OVER OUR LIVES, IN A GOOD WAY
INTRODUCTION TO CRYPTO CURRENCIES, HOW TO SET UP A BROKER AND START TRADING CRYPTO CURRENCIES
ADVANCED CRYPTO CURRENCIES, WHAT SHOULD WE BUY, TRADE, AND WHY
ADVANCED CRYPTO CURRENCIES, TRADING CRYPTO CURRENCIES, THE BUY AND SELL ADVANCED CRYPTO
ADVANCED CRYPTO CURRENCIES, LENDING YOUR CRYPTO CURRENCIES, TO MAKE EVEN MORE MONEY
Thanks to Trade Genius, I was able to take a $15,000 initial investment and turn it into a $100,000+ crypto portfolio in a matter of months! I would highly encourage to anyone that wants to grow your crypto holdings quickly and responsibly, just follow Philip's professional expertise with his trade recommendations and entries!Kreg R