01

Advantages and disadvantages of investing in cryptocurrencies

High transparency

The creation of cryptocurrency is based on the blockchain, and we can view all transactions on the blockchain, because when we make any type of transaction, it will be saved in the blockchain and our transactions can be checked at any time. It cannot be changed by us. It always shows our real statistics. It applies to everyone and anyone can view it at any time. No organization or personnel can change them. Therefore, it is completely transparent and regarded as the safest feature.

Stay away from inflation

Currencies around the world are facing inflation because the government prints a lot of money, and then they face inflation, but this is impossible in cryptocurrencies. When any kind of new currency is issued, it has already been decided how many cryptocurrencies to develop. When it is fixed once then no one can exceed them. Like Bitcoin, only 21 million Bitcoins can be mined, and no one can increase its amount. Therefore, our currency is always far away from inflation.

Convenient transmission

When traditional currencies are transferred between the two countries, they will go through multiple hurdles, which are often affected by the policies and laws of various countries and regions, and there are many restrictions, making the entire transfer process time-consuming and poor experience. Encryption currency can enable users in different countries and regions in the world to achieve efficient transmission.

Safer

We all know that we can check all transactions with the help of blockchain. All transactions are conducted through anonymous identities, so we can easily track whether there is any fraud or theft. It is more secure than real money.

Unrecoverable if lost

If the private key of encrypted currency is lost, there is no customer care support. If it is lost, then you cannot recover it. Until now, there are many lost cryptocurrencies and no one can access them. We should always store our private key in a drive that is not connected to the Internet, because if it is connected to the Internet, then we may lose the password. If your private key is stolen or you forget the private key, it means that the encrypted currency is lost and cannot be recovered.

Market volatility

When you want to invest in cryptocurrency, we can sell and buy it. It is like a commodity, we can easily buy and sell it. Its price may rise or fall at any time, so it is as risky as the stock market. According to market conditions, its price will change over time, so be prepared at any time. Its price may rise suddenly, and may fall suddenly. Therefore, its price fluctuates according to the market.

Limited circulation

With the improvement of the electronic payment system, the liquidity of demand deposits is almost equivalent to cash. However, virtual currency can only be circulated within a specific range, with poor liquidity, and it is difficult to form current purchasing power. Therefore, virtual currency is more of an investment product than a currency capable of performing currency functions.

02

Which cryptocurrency should be invested in?

03

The easiest way to invest in cryptocurrencies: CFDs

Easy to use. When investors trade cryptocurrencies with CFDs, they will not involve the actual ownership of the gold, so they can avoid complicated transaction procedures.

Two-way profit opportunities. CFDs allow investors to trade the future price of cryptocurrencies from both long and short directions. The rise or fall of the future price will not affect your profit from the difference between the price and the current price.

The threshold is low and the return is high. CFDs implement a margin trading system, using the principle of leverage, you can use a small amount of funds to conduct large transactions, and at the same time obtain higher returns under the magnification of leverage.

The number of trading lots is small. The size of a standard Bitcoin CFD is 1 lot, but you can start trading with a minimum of 0.01 lot.

One trading account invests in multiple products. After investors open a CFD account on the trading platform, in addition to gold, you can also invest in nearly a hundred popular investment products such as foreign exchange, commodities, and cryptocurrencies.

Break through time and space constraints. CFDs are open to traders 7*24 hours, and investors can complete all trading operations at any time through the Internet without leaving their homes.

04

Introduction of CFD trading platform JRFX

Easy to operate

The operation interface of the JRFX platform is simple and generous. JRFX provides multiple platforms for computers, mobile phones, and iPads, and supports multiple device systems such as Windows, MAC, iOS, Andriod. They are consistent from content to function, making it convenient for you to trade anytime, anywhere.

Rich trading products

In JRFX, you can not only trade cryptocurrencies, but also trade nearly a hundred popular financial products such as foreign exchange, commodities, and indices at the same time.

Low transaction costs

In order to reduce the transaction cost of investors, JRFX provides different account types to choose from, and there is always one that suits you best.

Simple transaction steps

JRFX only needs four steps from opening an account to placing an order, and the subsequent order transactions and deposits and withdrawals are also guaranteed to be extremely fast, which truly brings users a better trading experience.

Higher leverage

JRFX provides customers with a higher leverage ratio within a reasonable range for different financial products. This means that when you buy the same product with the same principal, you can get several times or even higher investment income in JRFX.

Free trading tools

JRFX provides customers with a variety of practical and free trading tools is another highlight of it. You can use various trading tools to fully and accurately grasp market trends and make predictions.

Transaction risk management

For risk control, JRFX also pursues the ultimate. In addition to real-time risk monitoring of your account, it also provides functions such as setting stop profit/stop loss, trailing stop loss, etc., to ensure the safety of your transactions in all aspects.