ok I’LL GIVE YOU HOMEWORK TO DO
do your own research
i want you to do this and get back to me with the results
Step 1. find a company on the internet that sells BITCOIN (anyone, doesn’t matter)
Step 2. Note their BUY price
Step 3. Note their SELL price
Now ask yourself this
if you buy a 1 bitcoin now, and you sell it right away, WILL YOU MAKE MONEY ?
Step 4. find another provider that sells bitcoin
Step 5. get their BUY and SELL price
now as yourself this… ARE THE PRICES THE SAME ?
and ask yourself this… IF THEY ARE NOT… and if bitcoin is worldwide, WHY ARE THEY NOT THE SAME ?
Step 6. go to your broker and open a chart for bitcoin (doesn’t matter which timeframe)
Step 7. Note down the price of bitcoin
Step 8. it’s cheaper isn’t it ? hehe
so again… if those companies are fair and bitcoin is worldwide, WHY ARE THE PRICES NOT THE SAME
Step 9. Note the SPREAD of bitcoin
Step 10. ask yourself this
if you bought 1 bitcoin NOW from your broker and you took that and sold it to the other companies
WOULD YOU MAKE MONEY ?
THE ANSWER SHOULD BE YES.
NOW ASK THIS…
CAN YOU ACTUALLY DO THAT ?
You’ll need to go through the TERMS AND CONDITIONS of those sites and the site of your broker
and let me know what you find
Calculate the COST PER PIP of EUR USD / EUR AUD / USD JPY and the other majors
then calculate the cost per pip of BITCOIN and Litecoin and etherium
NOTICE ANYTHING WEIRD ??? hehe