Crypto trading is an exiting business. Due to the high volatility of the crypto markets there is plenty of opportunities for day and swing traders. But it is not always that easy to make money with cryptocurrencies. There are mainly three things that drive crypto traders virtually nuts.
In this new interview eToro CEO Yoni Assia gives an interview about the past year on the trading platform and the situation of the markets and he talks about the new implementations of eToro CopyFunds:
Will Bitcoin Cash outperform his big brother bitcoin soon? Nobody knows, but since the last bitcoin hard fork segwit 2x has been put off, bitcoin has suffered wheras bitcoin cash went through the roof. How can you profit from that?
Next to the Bitcoin, the social trading network eToro has now introduced Ethereum trading. Ethereum is the smaller brother of the Bitcoin and with eToro CFD trading you can profit from either falling or rising ether prices.
From 24/1/2016 on eToro will be raising the minimum deposit in further regions to USD 200. This is to attract more serious traders as the social network has recognized that in regions where the deposit level has already been increased, the life time value of traders improved.
eToro startet several years ago as a small forex broker for private investors with the aim to bring financial markets into the average household. Now eToro has become the largest social trading network in the world with nearly 4 million members. One year ago eToro started to extend their forex and cfd portfolio with simple stocks based on cfds, from now on you can trade even ETFs.
If you are lookin for a profitable Daytrader on the eToro social trading network you shold have a look at the german boy Sebastian Pfeiffer, alias Socialnvest. This daytrader knows how to trade the German DAX. He mainly trades the DAX, NASDAQ100 and the Dow Jones Index.