Currently, I'm looking for a decent brokerage that would allow trading both traditional assets and bitcoin. To tell the truth, I'm not that much interested in alts so far, but Bitcoin still seems to be interesting from a long-term perspective.
I liked AAFX for they have really attractive spreads for all the assets, no commissions, and most importantly currently offer a 40% bonus to new account replenishments. The claim is the bonus is withdrawable. Did anyone work with this brokerage? Is it really withdrawable? How difficult is it to complete the requirements for bonus withdrawal?
Well, probably this is just your thought and opinion dude, about you, don't like altcoins. But don't you know that most of the community here including me are gaining altcoins in cryptocurrency? Because if your understanding is right for sure only stable coin will survive in this field of business. Hope you get what I'm giving it to you.
Trading business is more about money-management as I see it. Form this perspective alts are excellent opportunity to invest and gain a lot in short-term, as we've learnt from the past. Yet, there is always another side of a trade here, which is a stop loss. With altcoins the risk (especially when dealing with relatively new alts) must always be considered to be 100% of the initial investment. Some people invest it all in alts, and that's ok when you are risking the money you can really lose without much of regrets. The courage to take sufficient risks is very good trait of a character for a businessman.
Yet for me personally (and I'm not trying to say this is the only correct way to do it) - alts and Bitcoin itself - these are all opportunities that the volatility of these assets gives. In other words, I don't want to stake it all in the idea that BTC or some alts will gain 1000X in a month or a year having the risk of 100% loss on the other side of the coin. I want to take advantage of the VOLATILITY, which means I am ready to be making less money if I can make it on both rising AND FALLING markets.