Post
Topic
Board Trading Discussion
Re: How to get Forex traders to trade in Bitcoin ?
by
Scallywag
on 22/04/2018, 02:50:57 UTC
I've said this time and time again, we shouldn't try to get more people to invest in bitcoin. Because these forex traders are like any other trader, they don't care about the underlying tech -- they're going to make this a volatile currency which is going to lead to less and less adoption. We need volatility to go down if we want bitcoin to be a major world currency, NOT UP.

Forex traders should stick where they are, it's fine like this.
If you are looking at bitcoin to become a major world currency you should be open to everyone. Tongue What do you expect actually, a bitcoin market without any volatility, are you trading bitcoin because of the underlying technology and you would not care about the investment you made Roll Eyes.
If someone has any trading experience it is easy to shit to this market, just check out the different exchanges and select the best that suites you, get a light weight wallet and start trading.
but what do you expect from bitcoin, that it will be just a trading instrument for people to make money. the volatility of bitcoin probably won't change in the near future that is true, but to add more people which would create more volatility because they are only here to use bitcoin as a cash cow doesn't sound like a good plan either.