Video: BitCoin isn't a real currency and why that doesn't matter if you're a trader

Author: Adam Button | Category: Education

Don't trade BitCoin on the fundamentals, trade it based on what the other guy thinks

You don't need to love or hate BitCoin to trade it.

In this video, I explain why cryptocurrencies isn't a real currency and why that doesn't necessarily matter. I take a look at who is buying BitCoin and why that says more about where prices are going than the fundamentals.

I'm thinking about making a video where I buy and sell some BitCoin. Let me know if you'd like to see it.

In the meantime, our friends over at Finance Magnates offer a simple guide to entering the exciting world of cryptocurrency by buying your first Bitcoin.