Economists, investors, enthusiasts and naysayers love to argue about the nature of bitcoin. Is it the future of money? A hedge against chaos? A pile of cash doused in lighter fluid? The thing is, it's hard to tackle the big questions unless you know something about the inner workings of bitcoin. So here's your guide to the basics of how the cryptocurrency functions: the concepts and vocabulary you need to know before you can start winning arguments on reddit.Continue reading
Everyday, you make a lot of personal and financial decisions that shape your financial life. Seven days a week, twelve months a year, you choose how to spend, save, and share your money, time, and effort on people, things, and activities that matter to you. But how often do you think about the risks associated with the personal and financial decisions you make? In this article, you will discover a number of risks involved in making your personal and financial decisions and explore what actions you can take to manage them.
The Non-Farm Payroll (NFP) Report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the U.S., minus Farm Employees, Government Employees, Private Household Employees and Employees of Nonprofit Organizations. The non-farm payroll report causes one of the consistently largest rate movements of any news announcement in the forex market.
The wonderful world of futures contracts has finally caught up with the exciting new world of cryptocurrencies. If you pardon the pun, for Bitcoin, the futures is now. Futures contracts have been in use since the late 19th century. A futures contract is an agreement for the delivery of goods at a specified date in the future. The price is set at the beginning of the contract, and when the product is delivered, the original agreed price is paid.
Exchange-traded options first started trading back in 1973. But over the past decade, the popularity of options has grown in leaps and bounds. According to data compiled by the Options Industry Council, the total volume of options contracts traded on U.S. exchanges in 1999 was about 507 million. By 2007, that number had grown to an all-time record of more than 3 billion.
Here you’ll find forex explained in simple terms. If you’re new to forex trading, we’ll take you through the basics of forex pricing and placing your first forex trades.‘Forex’ is short for foreign exchange, also known as FX or the currency market. It is the world’s largest form of exchange, trading around $4 trillion every day, and it is open to major institutions and individual investors alike.