Forex trading is more flexible than bitcoins and we estimate an increasing number of Bitcoin traders will turn to forex or commodities in the near future, unless bitcoins start to rise soon again, says Marcus Edvardsen.
London, UK (PRWEB) March 31, 2014
OnlineForex.net report an unprecedented increase in forex trading account requests following the price drop for Bitcoins after 6th of March, 2014. Many miners and traders appears giving up bitcoins following the massive price drop and now ask OnlineForex.net about trading opportunities. After reaching 1000 USD in January 2014, bitcoins has dropped considerably in value.
Co-founder Marcus Edvardsen estimate that bitcoin traders turning to forex will continue to do so until the virtual currency start to rise again. "Forex trading is more flexible than bitcoins and we estimate an increasing number of traders will turn to forex or commodities in the near future, unless bitcoins start to rise soon again," says Marcus Edvardsen. Bitcoins has been going down since 6th of March 2014.
Bitcoins can be traded on several forex platforms, including eToro and Plus500.
http://www.OnlineForex.net has been established since 2004. The website is a leading provider of independent information about forex brokers, educates its customers in currency and bitcoin trading, explaining what impacts exchange rates and provide the latest forex news. The website also features a simple forex beginner guide that can be found here.