Ian King has been sounding the alarm about changes that are going on in the cryptocurrency world. Robinhood has entered the cryptocurrency market. What does this mean for investors and for the other companies that have already been in existence? According to the expert Ian King, what is means is that prices and commission rates will probably start going down from now on when it comes to buying and selling cryptocurrencies. Read more about Ian King at Banyanhill.com
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— Ian King (@IanKingGuru) May 24, 2018
You see, Coinbase is currently the most popular app on the market. However, Coinbase does not have free trading abilities. If you want to buy and sell cryptocurrencies on Coinbase, you are going to need to pay a lot of money. The rates of the commissions on Coinbase can go up to around four percent. You may also have to pay a small flat charge on transfers, withdrawals, and so on, even if they are simply from your Coinbase account to your bank account. These things can add up over time. Four percent of eight hundred bucks is thirty bucks, and if you make just four trades, twice buying and twice selling, you can end up paying over one hundred and fifty bucks just in commissions. That is why Robinhood is so enticing for investors, especially small time investors who are just getting started and do not have the money to spend on so many commissions.
Ian King is an expert on predicting the future of the market. He has written articles and analysis for big websites like Investopedia and Medium. He has years of experience in the financial world, and he knows how to spot a trend when he sees one. He says that Bitcoin and the cryptocurrency market in general is going to grow a lot in the future. After all, only around five percent of Americans already own cryptocurrencies. This means that there is a lot of room for growth, especially considering how three fifths of all Americans have heard and read about Bitcoin and other cryptocurrencies. The cryptocurrency industry has so much room for growth. Ian King says that the reason people are not buying cryptocurrencies is that they don’t really understand how the whole thing works. To that end, you can remedy the situation by educating the public about how these things really work and how they can benefit from them. Learn more: https://affiliatedork.com/banyan-hill-publishing-investment-advice