Everyone in 2020 knows about digital cryptocurrencies, so much so that even lifestyle magazines like Vice.com or authoritative portals like Wired have dedicated extensive articles to him, explaining what are the pros and cons of this service that uses a decentralized network to perform operations of secure financial transactions.
Precisely for this reason it is useful to evaluate this type of system by discovering that the best way to invest is to rely on brokers with proven experience, since as in all financial activities it is necessary to rely on an intermediary that can be a credit institution such as a bank or digital platform. In Italy it is not possible to access cryptocurrencies through banks but you must necessarily access through digital platforms such as Plus500 which was among the first to use cryptocurrencies to manage CFDs, to trade cryptocurrencies with plus500 it is necessary to register and make a deposit to then convert it into a cryptocurrency that can be managed as a speculative asset for the future.
In fact, 2020 started in a rather unusual way, especially due to the Coronavirus pandemic, which after hitting the economic giant of China, is having a physiological domino effect on various stocks, equity indices and instruments that until recently were deemed safe havens to invest in and aim for a profit.
Today, however, the traditional Forex currency market is undergoing a sharp slowdown, due to what some expert analysts have already labeled as the perfect new storm on which we will have to operate and act, in order to avoid significant economic damage and serious losses.
Some of the most catastrophic analysts and brokers have expressed themselves by defining today's market of raw materials such as oil, a possible black swan, bogeyman that from now on, could also involve some stocks related to its price which is dangerously in the downward phase . One more reason to invest and therefore focus on technology-based securities and indices, of which Bitcoin and cryptocurrencies, reflect today's drive and trend. There is a lot of talk about techno-finance, as an investment system of the future, which in Europe could explode at any moment, while the Asian markets have already expressed their point of view, showing themselves favorable.
FinTech should live its best season, reflecting the bearish trend of the currency and commodities markets, which have always been considered safe havens, but which must reflect the geo-political structure and policies energetics of this delicate moment.
While the tug of war between Trump and China seems to have resolved for the better, other aspects must be taken into consideration, such as the OPEC cartel, such as the new measures of the European economic policy of the ECB, with President Lagarde, who is already taking steps back, in favor of new preventive measures to help the euro and EU countries.
Certainly, the moment will offer great opportunities to make investments and to obtain profits, with risks that, however, from day to day, become ever greater, at least as regards traditional finance, such as today's Forex market, as regards the exchange of currencies. According to Federal Reserve President Jerome Powell, China's economic difficulties, caused mostly by the spread of Coronavirus, could have a serious risk of contagion to the rest of the neighboring markets first, and to the global economic structure, in the long wave .
Nothing new and substantial, on the Eastern front, but we must start organizing a line of resistance, in terms of investments, if we want to close with a balance sheet at least in parity, with this first operating quarter. The preconditions for investing in safe assets are currently all there, however focusing on goods and services, which until recently were considered high risk, but which are clearly coming back into play today, due to the delicate geo-political situation we are experiencing. .
