1 Answers: How does currency trading actually work?
Question
Very interested in FOREX market and making money through exchanging currencies. For example the GBP looks very undervalued.
but how does trading currency actually work to make money? Is it easy or is this only something for people with a lot of money or massive IQ?
Is bitcoin a better investment?
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Currency Investment
4 years
1 Answer
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Answer ( 1 )
Well currencies around the world go up and down continually and so if you can buy a currency when it has gone down for a particular reason and the currency recovers then you can make a profit on the difference.