BRIEF INTRODUCTION OF THE COURSE
What is Cryptocurrency?
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology: a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
What is Crypto Trading?
Crypto trading is simply the exchange of cryptocurrencies. This is one way of getting involved in the world of cryptocurrencies without having to mine it. It’s a highly profitable market that you can make lots of money from and we help you get started.
What is Crypto Mining?
cryptomining is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Each time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The crypto miner is rewarded with some cryptocurrency.
Bond investments
How Bonds Work The borrowing organization promises to pay the bond back at an agreed-upon date. Until then, the borrower makes agreed-upon interest payments to the bondholder. People who own bonds are also called creditors or debtholders. In the old days, when people kept paper bonds, they would redeem the interest payments by clipping coupons. Today, this is all done electronically.
Stock investments
The primary benefits of investing in the stock market is the chance to grow your money. Over time, the stock market tends to rise in value, though the prices of individual stocks rise and fall daily. Investments in stable companies that are able to grow tend to make profits for investors. Likewise, investing in many different stocks will help build your wealth by leveraging growth in different sectors of the economy, resulting in a profit even if some of your individual stocks lose value.
Annuities
An annuity is a financial product that pays out a fixed stream of payments to an individual. These financial products are primarily used as an income stream for retirees. Annuities are created and sold by financial institutions, which accept and invest funds from individuals. Upon annuitization, the holding institution will issue a stream of payments at a later point in time.
Real estate
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital intensive (although capital may be gained through mortgage leverage) and is highly cash flow dependent. If these factors are not well understood and managed by the investor, real estate becomes a risky investment.
IRA
An individual retirement account (IRA) is a tax-advantaged investing tool that individuals use to earmark funds for retirement savings.So how does an IRA work? IRAs are sometimes referred to as individual retirement arrangements, because investments held in IRAs can encompass a range of financial products, including stocks, bonds, ETFs, and mutual funds. A self-directed IRA is a type of traditional or Roth IRA that allows investors to make all of the investment decisions for their account and affords access to an even broader range of investments, including real estate, private placements, and tax liens.
What is Forex?
The foreign exchange market also known as forex or the FX market – is the world’s most traded market, with turnover of $5.1 trillion per day.*
To put this into perspective, the U.S. stock market trades around $257 billion a day; quite a large sum, but only a fraction of what forex trades.
Forex is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide. Unlike other financial markets, there is no centralized marketplace for forex, currencies trade over the counter in whatever market is open at that time.
How FX Trading works
Trading forex involves the buying of one currency and simultaneous selling of another. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future.
World’s Major Currencies
| COUNTRY |
SYMBOL |
COUNTRY |
SYMBOL |
| United States |
USD |
Switzerland |
CHF |
| Eurozone |
EUR |
Canada |
CAD |
| Japan |
JPY |
Australia |
CAD |
| Great Britain |
GBP |
New Zealand |
NZD |
Want to know more about how to trade forex?
Our free Let’s Get to Know Forex guide will cover how to get started, help you make your first trades and outline how to create a long-term trading plan for long-term success.
Which currencies can I trade?
Forex is the most widely traded market in the world, with more than $5.3 trillion* being bought and sold every single day. Traders will speculate on the future direction of currencies by taking either a long or short position, depending on whether you think the currencys value will go up or down.
Typically referred to as “The Majors”, these seven currency pairs make up almost 80% of total daily trading volume*. As you’ll see in the table below, the major currency pairs all include the U.S. Dollar (USD).
Major Currency Pairs
| DESCRIPTION |
SYMBOL |
NICKNAME |
| Euro/U.S. Dollar |
EUR/USD |
Euro |
| Great British Pound/US Dollar |
GBP/USD |
CABLE |
| U.S. Dollar/Japanese Yen |
USD/JPY |
YEN |
| U.S. Dollar/Swiss Franc |
USD/CHF |
SWISSY |
| U.S. Dollar/Canadian Dollar |
USD/CAD |
LOONIE |
| Australian Dollar/U.S. Dollar |
AUD/USD |
AUSSIE |
| New Zealand Dollar/U.S. Dollar |
NZD/USD |
KIWI |
Minor Currency Pairs
While the major currency pairs make up the majority of the market, you shouldn’t ignore the minors also referred to as Cross Currency Pairs. The minor currency pairs account for all the other combination of major markets such as; EUR/GBP, EUR/CHF and GBP/JPY.
With so many options available, you’re probably asking yourself – which currencies should I trade? A good rule of thumb for traders new to the market is to focus on one or two currency pairs.
Generally, traders will choose to trade the EUR/USD or USD/JPY because there is so much information and resources available about the underlying economies. Not surprisingly, these two pairs make up much of global daily volume.
