We all have an idea about forex. Let me still take out time to explain forex. Foreign Exchange (FOREX) refers to the foreign exchange market. It is the over-the-counter market in which the foreign currencies of the world are traded. It is considered the largest and most liquid market in the world. The great thing is that you can trade cryptocurrencies. How? You can trade other currencies for bitcoin. You buy these currencies with bitcoin and sell when they go high to get back bitcoin with gains.
To get started, you need two major tools(websites) Coinmarketcap and bittrex. Coinmarketcap is a website that tracks alternative coins launched into the crypto market alongside bitcoin and shows users the current value in dollars and bitcoin for each coin. You need this website to be able to know how each coin is performing, what to buy and what to sell to gain more bitcoin. The second tool is bittrex. This is where you trade from. Open an account with bittrex. There are videos on YouTube to put you through this step. Send some bitcoin to your bittrex wallet.
Voila!!! You can start trading. In future, I will be dropping more hints on how to trade and steps to take to get maximum gains.
Nice to meet you all. Zobbylady.