Kamis, 17 Desember 2020

Is Online Currency Trading a Good Investment?

In today’s article, we would like to answer a very common question among beginner traders. Is online currency trading a good investment? That depends on how you define investment. Many people trade currencies for a living, or at least as a part-time activity that makes decent money. As such, trading is an active income generator.

Is Online Currency Trading a Good Investment?
File name : Currency

If you view investment as something that you actively pursue alongside your main ‘day job’, you can safely say that online currency trading is a good investment of your time, energy, and attention. 

This view of investment is similar to people who purchase properties for daily or weekly holiday rentals. They would receive regular income from their main occupation, and then use their spare time to manage their property.

Time is a non-factor of income in online currency trading

However, if you are like most people, you may consider an investment to be something that typically demands high upfront capital, but will eventually pay off in ‘dividends’ over time, which can cover the startup costs and generate real profits continually. 

As far as we are concerned, currency trading is not like investing in stocks or bonds. While there is a kind of entry barrier that you need to overcome (the upfront cost of putting your initial capital on the line), you will still need to actively monitor the price movements as they are volatile. With stock investments, there is a long-term and general trend that reflects a company’s health. However, the economy of an entire country can’t be simply deduced from the exchange rates.
 
You can’t leave your assets to “grow with time”. Furthermore, the value that you gain from your trading doesn’t depend on the number of hours you manage your assets, so it isn’t like full-time employment either.

Time is a non-factor of income in online currency ‘investment’. In some days you can potentially earn multiple times your regular income, and on other days, you can actually lose your money. The art lies in managing your risks. 

Start small, grow rich

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The forex market is truly remarkable in that it is very liquid. This means the act of trading itself is easy. There is always someone on the other end of the forex trading platform who wants to buy your currency at the price of what the moment offers. Tools and platforms such as FBS forex trading platform allows you to enter the market swiftly and well-prepared. 

Additionally, the so-called entry barrier is actually pretty low, considering that most major forex trading platforms allow a minimum deposit of US$100. On the other hand, FBS offers a ridiculously low entry barrier of just $1 (one US dollar) to be deposited into a Cent Account. This is one of a kind in the industry, and a perfect choice for absolute beginners.

Learn more about the FBS Cent Account.

FBS is an online forex trading company that is trusted by thousands of traders around the world. It is regulated by the Cyprus Securities and Exchange Commission, making FBS one of the best regulated brokers that you can find. Its international reputation is a statement to its long-standing success as a forex broker that prioritizes people over profit.


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