10 applications to buy and sell currencies from your smartphone

The investment in different markets is increasingly linked to new technologies. As a complementary mechanism to investments telephone, stronger place for mobile devices in our society we have encouraged the proliferation of applications dedicated to the control of the investments we make, both on stock markets and exchange rates.

Every day, individuals and companies dedicated to trading venture to create oriented world of online investment applications. The comfort to control everything from a single mobile device, either a phone or tablet, is one of the keys to the success of these online platforms.

Besides being an easy and convenient way to view all of the forex results, at the time, also allow trade currencies and commodites through very intuitive tools.

However, even if the investments in the currency market for the phone is still one of the most common formulas according to experts, a way to keep the capital for these activities is through the following selection of applications developed.

All of them can be downloaded for free in different stores dispisitivos with official apps for iOS and Android

These are 10 applications to trade Forex from your smartphone:

- XM. It offers the possibility to be downloaded on any device with an Internet connection and can be interconnected all investments. Thus, the trader will have full access to the forex market from anywhere. This option offers the ultimate in mobility, simple query on the screens, as well as full access to expertise.

- FXCM Mobile TS II. With this application the user can follow in real time on your trading account, place orders into the market, news always have access and be well informed of the movements of the different currencies operating in the market. It also has a large and updated volume graphs that analyze in detail the situation of the same.

- Youtrade FX MT4. The Meta Trader 4 App Trading Platform is the most popular and well known among investment professionals. With this forex application, you can invest online, manage your account, the site locations, use more than 30 technical or trade directly from charts indicators, all from any location with an Internet connection.

- ITrader Market offers immediate access to global financial markets. Users can, through the offer of technology, market access and the place online orders for input / output, edit and close positions, the display graphics and even work.

- FxPro iTrader. This application has the ability to manage the portfolios "in motion". FxPro provides access to the main negotiable instruments, including Forex and CFDs on stocks, precious metals, commodities and indices, and work with them.

- AVA Mobile Trader. This is an application developed to allow the user to be connected to the forex market 24 hours a day. You can enter, edit and close positions, see quotes online, check your balance, with instant access from any device.

- GCI Financial. It offers users the ability to invest from the phone and place, edit and delete the investment orders, information on current prices and open positions. The realization of investments by phone is available in WAP format offered by most mobile phones, and as an application i-Mode, known in Japan.

- Plus500. It offers the opportunity to invest in global markets simply. Through its various functions, the investor can access various financial markets in real time and invest according to its investment objectives to be aware of the latest market movements.

- On the Go Forex. This service can be used with any MT4 broker. As in the rest of the applications offered you can see the quotes in real time and provided your graphics from the phone or tablet.

- Easy Forex. This app gives you instant access to the Forex market, where you can analyze the real-time graphs, look at the economic calendar with the major economic publications and access to daily and weekly reports from the place you are. Sign in to your account from anywhere in the world and issue reports, the closed and open positions, and perform all kinds of tasks with a single click.

Learning is the key to profit

The only way to begin to profit in forex is learning to know the details of the currency market of professionals, dealers and consultants who invest every day.

One of the most comprehensive courses to learn how to trade forex is offered by IG online trading company analysts, supported by a specialized forex problem.

Operate in any speculative market without a solid foundation, as experts say, is a major cause of failure of the investments of small savers, who often base their decisions on intuition or Snitch instead of learning to understand the functioning of the markets.

online trading platform

Like many people I have come into the world trade, hoping to make money quickly, take correspondence courses open a real account - obviously, loss and thus began my career in the world trade difficult.

trade

It was not easy, many times I was about to leave, then returned with greater force and victory, but very difficult time. This was the most difficult journey of my life, there are more than six years now I see with sentimentality that time, and every time I have the opportunity to recruit to speak in the trade I this would emphasize in trading as difficult it is, it is difficult, but the reward is for years I great.6 anyone want to advise me, I explain that much of the trade but not the time to say in this market of child some people, things as they are, some children, the reality of trade with the words paint. I try to make these confessions, and to wait. In the note.

As I said, the car, the means to do a good job, it is difficult, and it is. Most people who enter the world of commerce, they do it with the hope of large quantities to earn money, trade attracts people who love the risk and pushes the Conservatives. Unfortunately, risk-lovers, do not know how to control their emotions in trading and their accounts to swallow at the end. As a lover of risk, your emotions control? Here dine a contradiction, and is one reason why so few operators feed winner consistent over time. No ban, exceptions to the rule feeding, manage some traders their emotions innate, others (most) to learn to control their emotions with time and experience.

Some will say that I am speaking very difficult as well, is the fact that I lived in trade and hope. Dear reader overlook my words. And not by advertising garbage they swayed with a yield of 30% speaking, 40%, the monthly half, or those who make the real accounts quickly. Remember that the only person who is interested in their welfare. And no one else, so ask.

Many children begin a transaction on the Forex market without a minimum of formal training and without something essential when a trade takes place: The Capital Management. Why everyone talks and few understand. The worst thing is that all these people child of a sound marketing fed that makes them think they have only "a few pips deserve to be successful in this market." This is wrong, or at least very questionable. Analyzing mathematically:

We have a novice trader (no formal training as many) who think that "10 pip demolish the market." That is their advantage is 10 pips and in principle also risk 10 pips (stop loss where your loss position is closed). Finally, the risk-benefit ratio of 1: 1 and this mode is the weak argument that work "perhaps" with high leverage and a large number of games.

It is a fact true and inevitable that most novices fall in the short-term foreign exchange or operating systems: steps in very small and graphics function, see both daily operations and a part of the PIP in the market to the detriment, risk more. I wonder: If this mode is effective because it is so many losers? Why, however, the short-term exploitation is not exposed to the risk of volatility products withdrawn easily on the market in this market? Not my dear friend and friend is forgotten in the foreign exchange market very volatile.

The impact of the new short-Trader can be fatal. Feed a number of times good news for a currency, but the couple ends up doing the opposite movement is posted. Then the operator closes the thoughts disoriented and short-term market to you. What it is true, but it is unsuitable for commercial rookie.Respect other way to carry thousands of other colleagues, that the child should have a good short-term traders in some cases, a ban to achieve such a case, "stage" and much practiced accumulated rich experience and judgment in all sectors of commerce. Something that begin a novice operator and did not take long to develop. So to act my recommendation in a logical process that the operator steps and avoiding the feeling of frustration burns.

I know that many of the world of Forex entering surprised how quickly it returns can be filled and affordable is the foreign exchange market, and has several advantages over other financial markets, which avoids but say that person forex trading should learn to learn formally, and that the trade is examined as if it were a new profession, for other reasons. Friend or just wasting your savings probably cost a lot of effort to achieve. I think that everything would be millionaires.

right trading psychology specifically based on the control of emotions, feelings have a direct impact on our capital account. Because we have the best trading strategy, but if you get angry, angry, insecure suffers the account.

Trading is a profession that people Carreras study 4 or 5 years for engineers, accountants, architects, and so on., So we believe that the practice of a two-month demo account are willing to negotiate? This is a very common mistake I've seen dozens of times has formed for trade and control are trained to keep our emotions. In my more than six years experience in the trade, I met dozens of dealers, most of them doctors, engineers, economists, managers and almost all of them in the trade that failed for various reasons, do not learn to control their emotions, is doomed to fail negotiation sentenced a fight against yourself, against our inner fears, our weaknesses, all in day trading, if we learn to master. Online trade.

free trade

When I started in the world of Forex, I have a young man hit my age, the independent electrician time to time, I have to admit that if I had not taken thought, have the right to in the world of technology success Negotiations. I saw incredible time than the time of a consistent winner born, although he did not succeed in a few basic techniques and strategies of negotiation no time panacea strategies knew it profit to gain constantly monitored their emotions in a prodigiously to close losing trades when they should and his funniness or mood dent not the winners, in case of loss or acquired in a transaction not rush to close, try to do a good job, he was disciplined operations. Needless to say that I'm going on with him, now he lives in Australia, manages a portfolio of large investments and several companies in the country.

Forex Tools

featured Forex here tools can both technical analysis and money management help to improve the result of the exchange. All these children Forex Tools absolutely free and you can use it without paying anything:

Pivot Points Calculator - Four fulcrums online web-based calculator will help you to generate pivot points for any period. Children fulcrums used as points of key market trends, where the trend support or resistance meet and actually change its direction. Building codes normal pivot points, Tom DeMark of, Camarilla Woodie and are with this free calculator. You do not have to download all programming. Simply fill out the form and get points and levels of immediate support and resistance pivot.

Pip Value Calculator - How much is a pip? What about eating EUR / CHF and CAD / JPY? With this online tool, quickly and for free, you can discover the value of 1 pip in USD for any lot size and any standard chair or cross currency. Fill out the form and get the pip value at a time. Roughage no need any programming to download!

Fibonacci Calculator - The calculator Fibonacci levels on the Web-based, you will learn the basic values ​​of the Fibonacci levels help generate a certain trend. These values ​​have the most natural points levels Support and resistance of a particular trend and a monetary standard used. On the currency market, the use of Fibonacci levels place orders and targets one of the best ways to organize the brokerage portfolio.

Position Size Calculator - It is very important to use a risk management system and money in forex trading. And size (correctly calculated) can not manage its operational risks over the position. This calculator uses a currency of account, any standard of coins and other parameters.

Calculator Forex Risk Reward - The online calculator that will help you to discover the risks and benefits associated with the possible objectives of their position, based on the Fibonacci level of a wave of market.

Calculator percentage gain and loss - A simple online tool to obtain the percentage change in the value of the account size relative to the opening. It also calculates the necessary recovery win / loss percentage points.

Forex Strategies - Forex strategies available for free to all distributors, including strategies based on technical indicators, fundamental developments and the only price action. All are presented strategies are examples and detailed descriptions.

MetaTrader VPS hosting - A special dedicated hosting for MetaTrader (and usually another) and Expert Advisors. It is the right way to always active, regardless of your own IT strategy to keep your.

Table of interest rates - A list of major central banks interest rate. The story goes back to the 2000s back for many currencies and more for the major currencies. You can use the base rate in order to assess long-term trends in the forex market.

PROS AND CONS OF FOREX MARKETS AND HOW TO OPERATE WITH CURRENCIES

The foreign exchange market (FOREX) market is the interbank FOREX trading where institutions. You can also access retail investors through distributors or online brokers.

The foreign exchange market has several advantages and disadvantages that investors and traders should be aware of. Knowing what is involved with participation in the foreign exchange market will increase your chances of success.

size

The FOREX market size gives you several advantages. The large number of participants providing liquidity, ie, currencies are bought and sold easily, and orders are usually filled immediately. Market size also prevents one entity from exercising too much control over the market. Big players, such as central banks can influence the market, but only for a short period of time.

Accessibility

The FOREX market is open 24 hours a day, five days a week. Some brokers child still open on weekends. This allows the flexibility to operate when desired. Brokers require low opening deposits, offer low transaction costs and usually charge only spread by trade, which is the difference between buying and selling price. Operators can also use leverage to negotiate a leader much money you have in your account.

Negotiating styles

The foreign exchange market FOREX accommodates different styles of negotiation. Investors can buy or selling short time in the FOREX market without restrictions. Investors can participate in the forex market using futures or options contracts traded funds traded, directly or through an intermediary in the spot market. This caters to different investment objectives.

loose Regulation

The FOREX market is an over-the-counter market without focal change. It is less regulated than other markets. Traders typically place trades directly with your agent, taking the other side of the operation. The lack of a clearinghouse translates into a lack of information on certain market statistics, stories and the volume of operations, and creates a risk of chairman mispricing.

Hazard Broker

Lax regulation of online brokers increases the possibility of fraud. Traders should carefully investigate an agent to open an account stakes. Funds deposited with a broker forex are usually not protected if the agent goes bankrupt. Any disruption in the trading system of a broker could leave a trader unable to manage open trades.

Risk of Loss

There is the possibility of losing all their money. The use of leverage to trade more money than is in your account magnifies the potential loss if the market moves against you. You may be liable for losses greater than the funds in your account. Because currency prices are influenced by many factors, the amount of information is basic to analyze daunting.

You can trade FOREX through direct investment in FOREX markets currencies, currency-related, such as exchange-traded funds, or through electronic trading platforms currency values. Advances in technology FOREX exchange operations have become much more accessible to individual investors in specific growth in the number of ETFs that allow you to invest in various currencies through regular brokerage accounts. ETF Securities stories as futures and allow you, in effect, selling currency without Risks owning it, focusing on the movements in the underlying currency values.

direct research

You can change your US dollars into another currency at the exchange rate go through commercial banks and other agents of change. This means that you are actually investing directly in a particular currency at the exchange rate available today. For example, if the spot rate for trade in US dollars is an $ 1.50 euros, you can buy one euro for every $ 1.50 that exchange. If you bring $ 150 an a bank, you can exchange it for 100 euros.

Derivatives market

Child derivatives securities whose values ​​are based on an underlying asset, such as currency or stocks. The derivative is the most widely used currency futures contract. Futures contracts standardized child contracts to buy or seller (go long or short) certain currencies, and ocean on the spot or forward rates. child forward rates similar to what investors expect the ocean spot exchange rate at a future date. They child the price at which you can buy or merchant a currency at a future date. currency futures contracts change values ​​in small increments, usually a basic point.

As an example, assume that the ostensible value for each futures contract is 125,000 euros euros, and the contract value fluctuates in increments of $ 0.0001 (0.00005 euros). If you go long one today contract, and the last of the day, the euro has appreciated by 4 basis points, you would have a profit of $ 50 - rising one basis point multiplied by 4 $ 0.0001 multiplied by 125,000 euros. You can exit the trade by adopting the reverse position - the sale of a contract that you have bought, or buying a contract that you sold. No need to physically deliver the underlying currency. this function is provided clearinghouses.

Exchange-traded funds

Child ETFs funds that track underlying values, stories like coins, and trade on stock exchanges like stocks. Through the ETF, you can operate in a specific foreign currency through a low cost, liquid investment vehicle, so the ETF have mushroomed worldwide investments. If you think a currency will rise, simply buy shares in an ETF with a focus on the currency with the same brokerage account and inputs (symbol and number of shares) as you would when buying and selling shares. Also feed ETFs that use leverage to increase yields, or invest in baskets of securities.

Digital exchange programs Exchange

A number of companies, including Direct FOREX, FOREX CM and R. J. O'Brian and Associates have developed trading platforms that make up the foreign exchange market very simple. While ETFs make basic currency trading, these trading programs child actually simpler options. Programs currency markets are replicated by linking the program returns to the selected currency. Once you open and fund an account with one of these companies, trade by selecting a coin, choose from an operation on long or short position, and the choice of how much you want to invest. As the value of the currency fluctuates in the foreign exchange market, the value of the account at the same rate fluctuates. It is a more basic option because it eliminates the details associated with the contract specifications, and instead focuses on the percentage yields.

7 Essentials to finding a Forex Broker

One of the essential ingredients that must have when trading online foreign currency exchange starts is an account with a broker Forex trading. The currency trading broker is your connection to markets and provide essential coverage that allows you to operate with margins.

The question is how to select the best forex brokers. Feed at least 7 points criteria to consider when deciding where best to go shopping for a broker Forex currency trading.

exploit their foreign exchange earnings

1. Dependable

This works on multiple levels. a broker who can be trusted to be trustworthy and who will not all of a sudden like a puff of smoke fade web taking all your hard earned money they needed. The foreign exchange market is surprisingly devoid of regulations so that feed a large number of forex brokers to choose from and it is, as with many things in life some Forex brokers child more honest than others.

Groundwork step is to check up on the reliability of broker currency trading and to confirm your online forex broker is regulated. In the USA. this means that you want a broker Forex trading that takes a real registration with the Commodity Futures Commission (CFTC) and National Futures Association (NFA).

Check if feed a broker Forex trading with an unblemished record as to the complaints registered against them on the website of the National Futures Association. Other countries have their own regulatory bodies such as the Financial Services Authority in the UK performs the same function.

Another consideration is whether the trading platform of online currency broker is reliable. The platform of Forex trading is the financial programming to be connected to the currency markets whenever you want to trade. If the online platform Forex trading is often out of line then this will cause some major problems. For example, you may lose the opportunity of opening or closing a trade at the optimal time.

It would be better to check a number of online forums exchange operations for individual users feedback regarding the amount of downtime they experienced. Remember that it is as with all online forums do not listen to the loudest voice, as they can have an individual interest in both senses recommend or not recommend that child in your opinion the best forex brokers

2. Services provided by the best forex brokers

The forex trading markets for absolute 24 hours each day is Sunday afternoon until Friday afternoon Eastern time. Check that the trading platform of your Forex broker is accessible available during these times, the best platforms for brokers trading currencies will be available and also offer customers watch all the support in the days of Forex trading .

Check that cover the seven major currencies child USD, JPY, CAD, AUD, CHF, EUR and GBP definitely the best Forex brokers.

The best forex brokers will offer a minimum of the following essential tools that child the immediate implementation of its currency trading at the price charts, technical analysis and financial trading charts shown. Most also offer a training program to teach the basics of using tools.

3. Costs Forex Broker

online forex brokers do not make commission charges to their customers so the way they do their income comes from the difference in spread trading. Forex spread is the difference between buying and selling prices in any currency pairs. The spread trading is usually any spread between 1 pip and sometimes even less than about 3 pips; this will depend on forex brokers online terms of service and standard currency traded.

The piece of the pie taken by the spread can make all the difference between achieving a profit or incur losses in Forex trading account. This will affect both the immediate term and long term so you will have to look closely at what level the spread is calculated. If you can decide which pair is likely to trade more frequently the spread of these pairs is more important than an other. For example, I prefer / GBP USD trade standard, known as the link.

Watch out for special maneuvers showcasing short-term special offers lower margins of foreign exchange transactions that may not last long once you have committed their funds.

Consideration needs to be given to how much is the minimum amount of capital can be invested with the balance to open an account foreign exchange transactions. Good advice given to new operators is to start from the bottom, which means finding a forex broker that will let you open an account with a minimum of $ 250 or less expected.

4. margins, which are also known as deposits

Margins child a variable that changes forex broker forex broker. A lower margin requirement means that gives a multiplier effect chairman, and leverage leader can give you the ability to create higher profits, or losses of a fund of the same size. Margins allow for expanding the opportunity to earn more money

5. Size trade also known as Lot Size

size of the operation varies from broker an other. Usually 100,000 units of currency trading is considered a standard lot, 10,000 units of small scale trading is a lot, and 1,000 units procurement is a miniaturized scale batch. Some specialists also offer fractions much, that give more power to establish its own lot size. This could be perceived as a bonus or simply an additional complication depending on your point of view.

Feed other issues to consider, including interest paid on the margin account changing, dynamic loads trades continue to the next trading day and any other policy of FX trading that the broker may have which could affect your Forex trading account commerciality. These child the main points you should look for when choosing the best broker Forex trading.

6 Customer Service.

This is very important, especially when you just started out using a Forex trading platform. As with all new things will inevitably be teething problems, and must be able to speak or emails is very important, especially when you just started out using a Forex trading platform. As with all new things will inevitably be teething problems, and must be able to speak or email someone and get an immediate response. The best forex brokers provide this service.

7. Exit Strategy Forex

There will be a time when you want to perform some of the benefits that you have made and to withdraw their money quickly and easily. Make sure you are able to get your money within a standard of days as some online forex brokers insist on a delay of 14 days, which is totally unnecessary

Verification of the quality of products Forex

Shortly after starting his career in Forex, you probably realized, in the same way as many other rookies who faced an a learning curve to master Forex properly. At that time, I had two choices you could make. You could start on the long road to enlightenment or the currency you could look for shortcuts.

If you choose the latter option, then most likely it is investigated automated Forex solutions as Forex robots, Forex signal services and managed Forex accounts.




If you are currently experiencing this scenario, begging the question is how can you tell if these services good child from the wide range of scammers that pollute the currency market today?

Bets an attempt to answer this question, definitions facilities currency above first to be provided. For example, child Forex robots programming programs that can perform all commercial activities for you without any intervention on your behalf. You can open and close positions, place stops and targets as well as the communication of all relevant instructions to your broker.




Usually, on the basis of the strategy of its designer, manual trading and shows the essential advantage of being able to trade Forex without participation of human emotions. No ban, many of these devices struggle to tackle optimization problems. Consequently, even the best produce profits only for short periods of time.




One of the most important tasks of Forex trading is to establish or achieve a technique that is brand new trade opportunities created. If you do not have the skills or time, then you can register with a Forex signal provider that will alert you when such opportunities arise. You will find that this service is provided and ocean by a team of qualified professionals, or a piece specially designed programming.




Finally, you can hire a professional manager an Forex to operate your account for you. This approach has the advantage that you do not need any skills or knowledge to trade Forex. No ban has the disadvantage that it will never build your own database of Forex knowledge and experience.




Returning to the question foremost, a way to evaluate the quality of these services is the study of many review sites on the Internet that are designed specifically for this purpose.




You must understand, even though many of them child operated by subsidiaries of these products and could be very biased in their support. You can verify this fact by observing that these sites produce different classifications for the same product.




So the problem can believe what these sites are saying? You will need to do extensive research to find the websites that produce the most reliable information. This may take some time, but you must provide protection against the scammer as a priority.




You could make a list of their preferred candidates and then try to identify good reviews about them. This will increase your confidence in selecting the best.

The meeting of two worlds-bitcoin and gold

Kanishka Sukumar a consultant working in downtown Manhattan, says her parents often keep their money in gold to preserve their value. But this 24-year old thinks that feed a better future for their savings.

"In times of financial turmoil, would prefer a portfolio full of bitcoins" says Sukumar, which has about a third of its assets invested in the currency advanced.

Bitcoin is gaining ground among gold metal enthusiasts, who question the stability of paper currencies and care about knowing how to protect their savings during the next emergency.

A recent survey of 3,500 users bitcoin found that one in five has the cryptocurrency because it wants banks or the government "control my money," according to data provider CoinDesk. This was the second chairman reason for bitcoins, after doing so as an investment alternative.

Since its launch seven years ago, bitcoin has shared with gold's appeal be an option for those who want to keep their money outside the scope of a focal authority. But as their violent price swings have eased, bitcoin has begun to look more like an a haven for some of his supporters.

"It's a way of saying that you do not trust people," says Michael Novogratz, an owner of bitcoins and hedge fund manager who left Fortress Investment Group LP last year.

Novogratz think bitcoin can attract an some of those people who otherwise would spend to gold. The investor said he had a "significant" investment in bitcoins and just one ounce of gold, which he said was a gift.

Volatility in bitcoin prices in April fell below the price of gold for 28 consecutive days, the longest period in its history. The bitcoin price volatility also fell briefly below the other safer, as the Japanese yen, according to data from FactSet and CoinDesk assets.

Bitcoin has become a mainstream tool for quick and anonymous transactions. The number of bitcoin wallets, ie electronic accounts used for payment with cryptocurrency, doubled in 2015 to more than 12 million, according CoinDesk.

The criptodivisa has also attracted traders looking to leverage their sometimes volatile price movements. The New York Stock Exchange monitors bitcoin prices and derivatives market CME Group reported earlier this month that it is developing a price index for the currency spot.

Murat Akdeniz, a student business 25 years at Cornell University, said its operating bitcoins daily activity has been reduced due to the volatility of the stock price. Now makes more sense to buy and hold bitcoins, which already has 10 coins, he said.

Accepting bitcoin chairman also reflects the growing confidence of his generation technology in government, said Akdeniz. "If China will choose its gold seller, my bitcoin price will not be adversely affected," he said.

Some investors cited economic uncertainty as another reason to have bitcoins, especially since the worldwide recession fears an one have shaken the markets and some central banks have reduced interest rates into negative territory.

Bitcoin has become "a store of value for those concerned about other asset classes," said Gil Luria, head of research at Wedbush Securities technology. "Gold time the only refuge for those who have great concerns about the worldwide economy and the monetary system."

Gold is often regarded as a haven for many investors who trust that will preserve its better than paper currency value. During the Greek emergency last year, investors seeking safety in gold demand soared and bitcoins, operators and exchange of electronic currency said.

"I like [bitcoin] as a hedge against economic collapse," says Brian Estes, venture capitalist 48 years in St. Louis, Missouri. Having the currency advanced, he said, is like having a "hedge against ATMs and banking systems if they stop working for a while".

Not everyone is convinced that the future of bitcoin is bright. The cryptocurrency faces regulatory hurdles worldwide and has undergone major price fluctuations. Security forces say the currency has been used in the former black online market known as the Silk Road and to buy illegal drugs.

Some more optimistic child on the technology used bitcoin that computerized active itself. Dwindle Grosskopf, CEO of Sprott Inc., said the system known as chain blocks-a data structure that allows you to create and share the advanced accounting transactions-which supports the criptomonedas has the potential to improve gold transactions . But does not see any value in the bitcoin unmistakable.

"Let an investment in the digitalisation of gold, but we will continue with the gold," said Grosskopf.

Compared to gold, the bitcoin market is very small. The amount of money in bitcoin is estimated at US $ 6,900 million according to the provider wallets bitcoin Blockchain, while current operations in the gold market range from US $ 150,000 million and $ 240,000 million a day, according to the World Gold Council. operations listed funds dedicated to gold around US $ 80,000 million.

Murray Stahl, chief investment officer of Horizon Kinetics, which manages US $ 6,000 billion in assets, said that as Bitcoin becomes more established, more criptomonedas contemplates buying gold instead. Kinetics owns shares of Skyline Investment Trust Bitcoin, the groundwork investment vehicle traded bitcoins. Stahl said its exposure to bitcoin is between 0.5% and 1% in several portfolios, compared with 3% to 4% stake in the securities linked to gold.

"I'm not willing to give up completely to gold," he said. No ban, "over the next 10 years there will be an alternative cryptocurrency"