Today, the price of the Forex Market has dropped by an alarming 15% to reach a new all time low. Some believe that this drop is temporary, some think that it will rise again and some think that it’s just a correction. What comes next? It looks like we may be heading into a bull market for bitcoins, but how does this affect you?
Investments in The Forex Market
Well, imagine that you have a brilliant invention – one that is getting closer to being a universal standard. But instead of being accepted as the universal currency, it suddenly decides to go on a price dive and starts to rise in the Forex Market. Many investors and traders jump on the band wagon and sell all their stocks in the run to make a profit before it recovers its price. This causes a large reaction in the market, with prices going up everywhere.
This means that now, instead of having one effective way of making money, you have many different ways that you can use your money to profit from the Forex Market. People who bought at the top of the price will now be able to sell for a profit, and those who sold short will now be able to buy back in at a high price. This causes the market to fluctuate and has a huge effect on how the price of Bitcoins fluctuates. So, how does this effect you?
Well, many investors are happy that prices have gone up so far in the past few days, as this makes it much more likely for them to profit. Many new people have entered the market because they believe that there will be plenty of room to grow for the foreseeable future with the Forex Market. Others have bought in the last couple of days, thinking that they would get in now and make some profits off the price falls today, or even make a killing when the market goes up even further tomorrow.
Of course this all depends on how strong the economy is in the United States, and if there is an increase in spending and jobs. Other factors come into play as well. Investors who have made money in the past have done so by investing in companies that are not as financially stable as the larger companies.
This allows them to make even better profits from the Forex Market, but also allows many other smaller businesses to thrive without the need for investors to invest large sums of money into them. With the economy not doing so well, and so many stocks dropping, the small businesses are left with no choice but to raise prices on their products in order to make a profit.
The Forex Market is reacting to the economic situation in the United States in a very positive manner. If you think about it, if more people buy into the idea of buying a Bitcoin, the price drops should significantly rise. Right now, it is possible for the value of a BitUSD to rise quite a bit, which would make it much more affordable for many people to buy into the market. If the prices continue to rise, then there will be a buyers’ market, with the costs becoming greater for those who can afford to pay more for these things. This makes for a buyers’ market and the prices will naturally fall.
If this same economic scenario takes place in China, or anywhere else for that matter, the prices in the US market will skyrocket and become more affordable to local business owners. When the Chinese economy takes a turn for the worst and they begin to devalue their currency, the prices of goods in the US market will follow and drop. This process will happen again, because no one can predict what the Chinese government will do next.
The bottom line is that this whole thing is very unique, and not something that you can expect to happen often. It is good to watch the prices on the BitUSD closely, and be watching for any signs that the market is thinking about making a big change. If you are a business owner, you may want to consider investing in the BitUSD as a means of protecting your profits and helping to make the US dollar as a global currency.