Cryptocurrencies are considered (one of) the highest-risk investments you can make. This risk is reflected in the volatility of their value.
Category: Investing & Trading
Some Chinese exchanges have started to receive official shutdown notices from banks stating that they have to stop Bitcoin related business by April 15, 2014.
More bad news concerning cryptocurrency exchanges: Vircurex has announced it will freeze all current BTC, LTC, FTC and TRC balances. This means they are now effectively insolvent.
In volatile markets, advanced trading order types can be very useful in limiting potential losses. There are, however, some things to consider when using these.
It is common knowledge that cryptocurrency prices are very volatile, but what is the direct impact of high volatility for those trading cryptocurrencies?