The growth of cryptocurrencies has taken the world by storm over recent years, with Bitcoin and other virtual currencies generating unprecedented growth in a short amount of time. While institutional investors remain unsure of this brave new world, a number of forward-thinking retail investors have made huge profits through long-term holding and speculation. Here at The Bulls & Bears, we offer access to cryptocurrency markets and provide you with the knowledge and support you need to take advantage of this exciting opportunity.
What are cryptocurrencies?
Also known as digital currencies or virtual currencies, cryptocurrencies involve the use of decentralised electronic control and transfer systems as opposed to centralised exchange and banking systems. The birth of cryptocurrency may be the biggest evolution of the financial system in history, with decentralised exchanges and blockchain technology changing how the world trades and generates money. Because virtual currency isn't managed by the government in the same way as standard fiat currency, many people think it represents a more democratic and decentralised money system.
While Bitcoin is the biggest cryptocurrency in the world, other products such as Ethereum and Litecoin continue to add new features and create new opportunities. For example, Ethereum has enabled the facilitation, execution, and implementation of smart contracts for people who want to use Initial Coin Offerings (ICOs) as a way to raise capital. While virtual currencies have long been used to purchase goods and services online, Bitcoin and other cryptos are gradually being accepted for real-world transactions.
How to invest in cryptocurrencies
Here at The Bulls & Bears, we help people to trade Bitcoin and other digital currencies on the global market. Whether you're looking for a long-term investment or a quick trading opportunity, it's easier to buy and sell virtual currencies than ever before. Once you make an investment with us, you'll be given access to a “crypto wallet”, including a virtual address which exists on the blockchain. Each wallet includes a public address and unique private cryptographic key, with the entire process documented by our licensed expert team.
While anyone can get involved in this brave new world, it's important to be careful if you're interested in trading cryptocurrencies for speculation and possible financial gain. There are parallels between Forex trading and crypto trading, with extreme volatility often experienced due to high liquidity. Unlike Forex, however, crypto trading can be slower due to technological issues and more expensive due to higher transaction costs. Along with market access, we can provide you with the knowledge and support needed to take advantage of this exciting new opportunity.
Comprehensive investment and trading services
The Bulls & Bears offer a wide-ranging trading and investment service. Along with Bitcoin, Ethereum and other cryptocurrencies, we can also help you to access additional financial services and investment opportunities. For example, we work with a number of affiliate companies and provide current investment opportunities for your portfolio. We also provide access to the equity and Forex markets, which you can trade by yourself or through a managed discretionary account. In addition, our business index services help to connect you with new companies who are actively seeking investors for growth and wider distribution.