Bitcoins and Binary Options: Tips and Forecasts for 2016

It’s a brand new year, which means that you are probably looking for opportunities to increase your economic wealth. One great way to build your wealth is by trading on the stock market, and 2016 promises to be a very rewarding year on the stock market.

While there are tons of options available to put cash into your bank account via the stock market in 2016, one of the most exciting options that promises to offer financial gain is bitcoins and binary options.

What are Bitcoins and Binary Options?

Binary options refer to a form of online trading. This type of trading came around about 2 years ago, and its popularity continues to increase. Binary options differ from traditional trading options because it doesn’t involve actually buying anything, but rather it involves placing a side bed on an expected outcome.

Bitcoins is the virtual currency that is used to place that side bet on an expected outcome. Bitcoins allow users to make transactions online.

How does it Work?

In order to trade using bitcoins and binary options, your trade is placed by predicting the direction that an asset will move in a specific period of time. For example, you may predict that a specific commodity will

Read more ... source: TheBitcoinNews