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4 Reasons Why You Should Consider Investing In Bitcoin

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Consider Investing In Bitcoin

Many individuals that have discovered bitcoin are still hesitant to invest in the digital currency, especially since the value has already increased so much and many believe that it won’t go much further. However, the likely scenario is that the value of bitcoin will continue to increase.

In this article, you will find four reasons why you should still consider investing in bitcoin.

1. Bitcoin’s Comparatively Low Transaction Costs

The average historic fee for a bitcoin transaction is $1. You need to compare that to the 3%+ transaction fee for using PayPal or Stripe. For this reason, bitcoin adoption is growing among online retailers who can save on fees as well as individuals who send money abroad to friends and family member. Many freelancers have also started accepting bitcoin because they don’t have to pay as much of a cut as they would through PayPal. 

2. Central Banks Can’t Devalue Your Investment

The Federal Reserve and European Central Bank are constantly manipulating the value of their fiat currencies. Their monetary easing policies can wreak havoc on traditional investments. Since 2010, the Federal Reserve has kept short-term treasury interest rates near 0%. Their market manipulations have kept the stock market elevated, but may be positioning it for a massive drop in the future.

Bitcoin, however, is not regulated nor influenced by a central bank. Also, the supply of bitcoin is fixed, which means that its value is primarily determined by demand. In other words, you don’t have to worry about new bitcoins being printed that then drive down the value of the currency as it is often the case with fiat currency. 

3. Value Will Appreciate as More Merchants Accept it

When bitcoin first hit the market, it was seen as a novelty that would never catch on. Today, it is going mainstream faster than even the most optimistic bitcoin fan would have expected.

eBay published a list of over 100 companies that have started taking bitcoin, including major brand names like CheapAir, Helen’s Pizza and Home Depot. Many more companies have pledged to start accepting bitcoin in the near future.

As the number of brands accepting bitcoin continues to grow, the value of bitcoin will most likely rise. After all, people will be a lot more likely to buy bitcoins if they can use them for many of their common purchases.

4. Bitcoin May Be Undervalued

Many experts believe that bitcoin may be significantly undervalued. Barry Silbert, founder and CEO of Digital Currency Group, compared the value of bitcoin against gold and suggests that the value of the digital currency is likely to appreciate in the future.

“Bitcoin has all the same attributes of gold in that it’s scarce, there’s a finite supply, it’s fungible, it’s highly divisible, it can’t be counterfeit,” Silbert told Forbes. “But it has one real improvement over gold, which is its utility. Gold is good for jewelry and use in some industrial production processes, but as the price increases, it becomes less useful for both those uses, whereas bitcoin, on the other hand, actually becomes more useful. It becomes more useful as a [money transfer] rail and as a ledger [of financial transactions].”

Civic’s Vinny Lingham believes that the price value of bitcoin will hit $3000 by the end of 2017, while Sheba Jafari, Head of Technical Strategy at Goldman Sachs, believes that “there’s potential to extend as far as $3,915. It just might take time to get there.” 

Kay Van-Petersen, an analyst at Saxo Bank, suggests that the value of bitcoin could even surpass the $100,000 point in ten years time if bitcoin manages to gain a significant share of the global foreign exchange market.

If you are still on the fence about making an investment in bitcoin you should strongly consider the four reasons mentioned in this article as they will likely be key drivers in the future price appreciation of bitcoin.

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What are the Betway Deposit Options?

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Betway Deposit Options

Betway, based in the U.K., is one of the leading online sports betting bookmarker sites today. The official sponsor of teams like West Ham United, people love Betway because they can bet on so many different sports at once, from cricket to football and more.

It’s no secret that sportsbooks have become one of the leading international bookmakers’ in various countries such as Kenya, Nigeria, Zambia, South Africa, and other countries. If you are wondering how to deposit money into your Betway account, you can start straight away too!

BetwayBetway offers a lot apart from sports betting such as casino games such as table games and slots. There is also live betting and virtual betting in sports such as soccer, horse and dog racing, basketball and tennis.   

Opening an account with the sportsbook is quite accessible since you will only require a username, an email or a mobile number and a password. Once you have verified your account, you are ready to start betting.

Betway Deposit Options

Betway is a versatile online betting shop because it offers various deposit methods for its users. So, how do you get the most out of Betway?

#1. Debit Card or Credit Card

A debit card is a convenient way of depositing your funds. You will instantly get your deposit plus the Betway charges will be transferred to your account.  You can deposit funds to your Betway account through the Visa, MasterCard, or even Electron.

All you need to do is click on the banking button on Betway, and deposit the money by entering your debit card details. Once you confirm the payment, the amount will be deposited to your Betway account – all in a few seconds.  And it’s not just debit cards we are talking about. Yes,, you can deposit funds to your Betway account through credit. Card payment can be made through two options:

  1. Visa
  2. MasterCard

The steps for storing funds through your card payment are the same as the one for the debit card.

#2. Neteller

Neteller is an e-wallet that is compatible with Betway. You can deposit funds in your Betway account using the following steps

  1. Now, just choose any of the Betway depositing options you have available.
  2. Enter your 12 digit Neteller number and six-digit Neteller ID.
  3. Enter your Betway password
  4. Enter the amount you have in mind
  5. Click Confirm.

#3. Skrill

Skrill is another e-wallet that works like Neteller. All you need is a debit it or a credit card to get started with your Skrill account, a reason many bookmakers love it. If you are looking for transferring money from your account, you can use bank transfer or online banking.

Just Select Skrill as your deposit method on your Betway account, enter the amount you would like to deposit, and deposit!

#3. PayPal

PayPal is another e-wallet that makes it easy to deposit to your Betway account. It is free of any charges, and you can deposit any amount you like seamlessly.

All these deposit options will deposit money to your Betway account.

*This article was contributed by an external media partner.*

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Forex Trading Indicators Providers – What to Look for When Searching for the Best Services

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forex trading indicators

When trading forex online, an excellent way to increase your earning potential to make use of so-called forex trading signals but the key is to find a forex trading indicators provider that is of the highest quality. 

Here are some tips for finding the best forex currency trading signals!

Accuracy

Of course, you need the vast majority of your trades to make a profit if you want to trade forex profitably in the long run. While no indication service can you 100 percent accurate signals that will generate you a profit every time it is important to look for one with a high accuracy rate. A high accuracy rate can potentially help you to boost your forex trading revenue so that you can earn more pips – not to mention more money – out of every trade.

Top Quality UI/UX

forex

One of many elements what things to look for having an online forex trading indication service are an excellent user interface and user experience. A top quality user dashboard might help with graphs, graphs, better-computerized indicators, and a better overall experience to assist you in operating and being successful.

The people place can also give you significant improvements in the signals, on crucial and technical examination and on distinct strategies that you might use to increase income using trading signals. An excellent user dashboard area can really make a transmitting service cost worthwhile and can really make all of the difference when it comes to trading effectively.

Great Customer Care

Needless to say, you always wish for great customer care in the case that you need assistance with the trading software. This might make a massive difference, and to be able to contact your dealer, as well as your forex signal expert, can be among the key requirements to success when it comes to trading forex.

Check Demos

One other thing to look for is an excellent trial offer. If a forex broker provides a free trial of their forex currency trading signals, test the trading service for all the above-mentioned points and you will quickly find out whether the company’s service is for you or not. 

An online forex currency trading platform can seem overwhelming at first. Hence, it is best to start out with a demo account to learn the ropes before embarking on your forex trading journey. 

If you can find a forex trading signals provider that scores high in all of the above-mentioned points, you should definitely consider giving it a try as it may not only help you to get started with forex trading but it may also help more experienced traders with the execution of their trading strategy.

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Forex Signals – A Must Have Tool for Successful Trading

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forex

Very few people are experts in forex currency trading. In case you aren’t one of these brilliant, you will likely see strong swings in your forex currency trading profitability. New traders often have trouble managing their positions once they have placed a trade and their money is at risk. And often, it is the inability to stick to trading alerts that leads to closing out losing positions. 

Forex Indicators Worth

forex signalsFollowing the forex market 24/7 and sticking to a pre-determined strategy for the entire time you are active in the market can be very difficult. Not only it is challenging to spend the entire day (and night) in front of your trading dashboard but your emotions will also come into play when you see your P&L swing from positive to negative and back.

That is where forex indicators and trade signals can come in to help you. Automated signals can help you with your trading decisions by enabling you to execute a trading strategy without letting your emotions get the better of you.

There are a number of forex signals providers that you can test to find a software that works for you and your trading needs.

How Forex Signals

Forex signals are computer software generated trade signals that tell you – with a relative certain degree of accuracy – whether to buy or sell a currency pair. However, it is important to note that not every signal will lead to a profitable trade. 

Forex signals provide traders with target prices and stop-loss limit levels that could potentially lead to a profitable trade. This can help traders to stick to their strategies without letting their emotions get in the way. However, it is important to highlight that forex signals are not a plug-and-play passive income generating software. Trading incurs risk and that is also the case when using forex signals. Having said that, they can be a valuable tool in the toolbox of new forex traders who are yet to learn the ropes and create winning trading strategies for themselves. 

Forex Training is Vital

With the right forex trading program, training and mentoring, you can learn to operate technical indicators correctly and control your emotions when real cash is at risk. If you’re thinking about one of the most effective solutions to becoming a successful forex trader, making use of high-quality forex alerts with first-class training and mentoring from real traders is better than any forex signals. 

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