Best Markets To Trade In 2021: Forex, Cryptocurrency & More

The Best Markets To Trade In 2021: All You Need To Know!
What are the best markets to trade in 2021? Will 2021 be a good year for trading at all? Will the
key markets to trade in 2021 be worth it? What should I be trading in 2021? Let’s take a look!
2020 has been a pretty insane year so far. Pandemic, protests, lockdowns and working from
home, fear of economic meltdown, Tiger King, the acceleration of climate change, and a US
election in the mists.
But what does 2021 hold ? Promises of hope or more of the same ?
Could it be a year of hospitality and economic growth or could it be another year where we
continue to find ourselves further divided and on the edge of an economic disaster?
Pardon the dramatics! It’s been tough on us all!
Whatever the situation, there is always a way to skirt danger and find a silver lining that could
get you closer to your fortune and keep you out of the crosshairs of danger.
In this article, we’ll look at the best markets to trade in 2021, what will likely affect them and
how to make the best out of them.
Here are the best markets to trade in 2021!
Trading Forex in 2021
The US Dollar
As you may or may not know, the US dollar is involved in 88% of all forex trades, whether it’s
being bought or sold. All major currency pairs include the US dollar on one side and one of the
minor currencies on the other.
The US dollar is the jewel that makes the centrepiece in the forex market’s crown. Its influence
over the rest of the world makes the forex market one of the key markets to trade in 2021.

In fact, the US dollar is so important to the rest of the world, many countries keep the US dollar
as a reserve currency locked away in case of an emergency.
Because of this, it is crucial to watch the US economy, which can have a knock-on effect on the
whole world economy.
Even forex trading pairs that don’t involve the US dollar can feel the pinch when something bad
happens in the US. It’s like a wave that will eventually get you, no matter how far away you are
from where it started.
2021 has the potential to be a very rocky year for the US dollar depending on the US elections
that will take place on the 3rd November 2020.
If Trump wins a second term, it will be very hard to predict what will happen as he is known to
be a very unpredictable president; things could go smoothly for 2021 or they could easily go very
sour.
If Biden wins, it could be very different and potentially be a lot more stable. But at this point, it
is pure speculation, and no real promises can be made.
On top of that, the trade war between the US and China is likely to continue to affect the price of
the US dollar. The likeness of this continuing throughout 2021 is particularly high if Trump is re-
elected.
The Pound and the Euro

Forex traders in 2021 should continue to be cautious of the British pound as the relationship
between the UK and EU continues to change.
Despite the two finalising their ‘divorce bill’, the UK appears to want to make changes after
accepting the deal they negotiated.
That only served to anger the EU, who naturally doesn’t want to spend more time on a deal that’s
already been four almost years in the making.
Further to that, the UK and the rest of Europe has been hit particularly hard by the coronavirus
with Spain, Italy and France being some of the biggest sufferers from the entire pandemic, and
all using the euro.
It is also very likely that we haven’t seen the economic fallout from that yet.
The Australian and Canadian Dollar
As both Australia and Canada are both exporters of natural resources, traders need to watch these
kinds of exports from these two countries.

However, Canada is a lot more dependent on the US than Australia, as 75% of Canadian exports
go to the US and 50% of imports are from the US, so the US dollar can have a big effect on the
Canadian dollar.
Because of this, if there is indeed an economic crisis in the US, the Canadian dollar is also likely
to suffer as well.
Australia is in a similar situation with China, as up to 30% of Australia’s exports go to China. If
China’s economy suffers, the Australian dollar will too.
The Swiss franc depends on a strong EU
Switzerland has a very close relationship with the EU. Though to be fair, it doesn’t have much of
a choice, it’s almost completely surrounded by the EU and Eurozone at every border (Germany,
France, Italy, Austria), except with Liechtenstein, a tiny country which also uses the Swiss franc.
And because of this, it’s not too surprising that the majority of Switzerland’s exports go to the
EU, and so if there’s trouble with the euro, there will be trouble with the Swiss franc as well.
So, if there is indeed economic fallout in the EU over the coronavirus and souring relations with
the UK, there will likely be an impact on the franc too.
And on another interesting thing to note, in September 2020, the Swiss had a referendum on
whether or not to end free movement with the EU, which was rejected, signalling that the Swiss
may move for closer relations with their neighbours in the years to come.
Big Changes in China
Outside the major and minor pairs, some important developments have been taking place in
China.
Though not classed as a minor currency, the Hong Kong dollar is a trader’s favourite. But it
looks like for the last six months it has almost flatlined, which potentially could be related to the
disruption caused by the crackdown on pro-democracy protests.
In mainland China, the Chinese renminbi, also known as the yuan, may continue to emerge as a
leader (it’s potentially a big development that may also be affecting cryptocurrency, more on that
below!).
The Japanese yen, a minor currency, is perhaps feeling the most of the impact of an ever-
growing China, the two being primary competitors in manufacturing.
Despite this, China typically wants to keep the renminbi cheap to help exports and undercut their
competition.
Africa on the Rise

But it’s not all doom and gloom! In some parts of the world, the forex market started surging in
2020.
Forex trading increased enormously in Africa during 2020 and it is possible that that may
continue into 2021.
People have been talking about the emergence of Africa economically for a long time now and it
may be finally starting to arrive.
As a result of this, we may see more activity around African currencies and brokers starting to
offer more favourable terms for trading African currencies (all of which are regarded as exotics).
Trading Cryptocurrency in 2021
The cryptocurrency market has risen to become one of the key markets to trade in 2021 and will
likely continue to stay that way for the foreseeable future.
If you watch the cryptocurrency market enough, you will notice that things change very quickly
(remember back when Litecoin was something new and ground-breaking?).
Today, there are approximately 8,000 cryptocurrencies all jostling to be No. 1, and most fade
away just as quickly as they got our attention.
But there are some clear changes coming in the cryptocurrency market for 2021, as 2020 has
already shown us.
Some coins that were popular not long ago are losing their shine and traders are moving away
from them.
Newcomers: Crypto.com Coin and Chainlink
Two coins growing in popularity are Crypto.com coin and Chainlink. Aside from this change,
the majority of well-known cryptocurrencies has stayed the same; Bitcoin and Ethereum are still
the king and queen of the market.

Though, that said, Ripple, the next in line to the throne, has been kicked aside from the third spot
to fourth by Tether, which has grown at a great velocity.
Potential Chinese Dominance?
And then there are far bigger events taking place; China’s grand entrance into cryptocurrency
with a government-sanctioned crypto, DCEP, is continuing to gain attention.
China is seeking to compete with the dominance of the US dollar by giving the yuan a
technological advantage. They want to make the yuan more globally used and one way to do that
is by turning it into a cryptocurrency.
They were also seeking to compete against the emergence of Facebook’s Libra, but with the loss
of most of their partners, it may finally be declared a dead project in 2021.But let’s get back to
the ‘king’, Bitcoin.
Bitcoin Still No. 1?
Bitcoin had a very important year in 2020, it went through the ‘halving’, which is where the
block reward for mining Bitcoin has again been halved (it happens every four years).

And typically, what happens in the year following a halving is the price shoots up very
dramatically.
The last time Bitcoin went through a halving was in 2016 and then in December 2017, we saw
Bitcoin and many other cryptocurrencies reach their highest ever prices - Bitcoin almost reached
$20,000 per coin!
And $20k is just a drop in the ocean to what some are predicting for 2021. For instance, Anthony
“Pomp” Pompliano, who is the co-founder of Morgan Creek Digital Assets, also believes that
Bitcoin could possibly reach $100,000 during 2021.
And it’s not just the Pomp dishing out that estimate, there are plenty of others as well.
Similar things should also be looked out for in Bitcoin Cash and Bitcoin SV, which, by the way,
will likely continue their battle into 2021 as well.
Bitcoin reaching new heights will definitely make the cryptocurrency market the best market to
trade in 2021, and will likely increase the price of a number of other altcoins.
But to change the topic once more, there is something of much bigger importance to mention, a
scary word that threatens to cut apart the cryptocurrency market: Regulation.
Changes in Crypto Regulation on the Horizon?
Yes, regulation continues to be a touchy subject for many cryptocurrency traders and sadly it
looks like 2021 will be another year of uncertainty as many politicians around the world seem to
still be failing to understand what the technology can offer.
The worry is that if they do not educate themselves on the benefits of cryptocurrency, they are
probably more likely to simply ban or illegalise cryptocurrencies, especially if they feel they are
a threat to their government-sanctioned currency.
If this happens, the cryptocurrency market could go from a key market to trade in 2021 to non-
existent.
Trading Stocks in 2021

For sure the stocks market is going to be one of the best markets to trade in 2021.
But when you really look into all the different opportunities available to stocks traders, it can get
quite overwhelming quite quickly. There are way more choices than the forex and
cryptocurrency market.
It all depends on the type of company you want to invest in and your knowledge of that market;
specifically, what gives their products value and what can take it away.
Tech companies have dominated the stock market for a long time now, and it is quite likely that
the best stocks to trade in 2021 will be tech-related.
The likes of Tesla, Amazon, both tech companies in different fields have been growing
tremendously in the last few years and look like they will continue to do so in 2021.
But that might not always be the case.
Stocks Trading in 2021
When preparing for the 2021 stock market, it really helps to think about what stocks did
particularly well during the pandemic of 2020 and perhaps one that is not surprising is Netflix
because what else are people going to do when they are stuck at home for months at a time?
Netflix had a great 2020 and will probably continue that trend into 2020, but stock traders need
to really make sure they take a good look at the growing alternatives such as Hulu, HBO,
Disney+.
That’s the trick to stocks trading in 2021; you need to keep an eye out for stocks that did better
because of the pandemic and a safe distance from those that haven’t.
That said, stocks that usually do well will likely recover if they have had a hard 2020, and so
2021 could be a good moment to get your foot in the door.
Tesla Has Rivals Now

In previous years, Tesla almost went unchallenged for a long time, with little competition in the
sphere of electric cars.
These days there are starting to come to grips with potentially fierce competition from Nikola.
Funnily enough, both companies taking their name from legendary inventor Nikola Tesla.
But Tesla also has other problems. Elon Musk continues to be an unpredictable person who
could very easily make or break the company (he should probably stop using Twitter so much!).
Some of his outbursts have gotten him in deep trouble, the kind of trouble where you need to pay
$20 million to the SEC (Securities and Exchange Commission).
Perhaps their biggest success is their downfall; they’ve made electric cars cool, and because of
that, they’re no longer the only ones in the electric car industry. They may have paved the way
for the popularity of electric cars, but they might not be the only ones there in the end.
It is very unlikely that people will lose interest in electric cars in the years to come, so getting
involved now could turn out to be a great decision in the long run.
Amazon Versus Alibaba

Amazon is likely to continue growing throughout 2021 as it continues to plough forward to new
heights making Jeff Bezos, the world’s richest man, richer than ever.
But, just like Tesla, Amazon also has rivals too, Alibaba, a Chinese ecommerce platform, is
coming up close.
Both companies are on the rise and had a great 2020, which was likely helped by the coronavirus
which prevented most retail shoppers from travelling to shopping centres and who preferred to
order online as it was safer and more convenient.
But Amazon has some tricks up its sleeves, for starters, it’s not just an ecommerce platform, it’s
a lot more, also specialising in cloud computing, with a branch of its company called Amazon
Web Services (AWS).
You may not know it, but a large chunk of the web is being hosted by AWS, in fact, Amazon
controls up to 33% of the cloud computing market, which is a huge slice.
So, while Amazon may have some rivals appearing over the horizon, it still clearly has a very
tight grip over ecommerce and the potential to expand into other industries.
And to be fair, it is to be expected that a company like Amazon is going to have rivals. It is very
possible for both Amazon and Ali Baba to grow simultaneously without engulfing the other.
Is Facebook Still the King of Social Media?

Facebook seems to be doing surprisingly well despite all the scandals in recent years and the
trouble it continues to get into related to political campaigning and the spread of hate speech on
their platform.
People forget that Facebook is actually pretty used to scandals and lacks any real competition.
No other social media platform has the reach of Facebook, it’s presence is global, being the most
popular platform in most countries and continents.
But interest in Facebook has been waning for some time now.
While most people can forget and move on from scandals, others cannot, and there is some
movement, particularly among young people, away from Facebook or at least they are not as
engaged as they used to be, which could signal a movement away from the platform in the near
future.
Elsewhere, Twitter has been picking up in value since the third quarter of 2020 and this could
continue into 2021.
Snap, Pinterest and Zoom also represent interesting choices for investment in 2021, the latter of
which has gained significant popularity due to the coronavirus as an alternative way to
communicate with work colleagues and friends at a time when everyone is quarantining.

Apple and Microsoft
You cannot ignore these giants; chances are you’re reading this article on either a Mac or a
Microsoft computer.
The two companies are historically known to be great buys for the long-term. They’re both
continuing to grow and have a habit of buying back stock.
An interesting point to note, Microsoft may have a slight edge over Apple in that it has gotten
itself involved in cloud computing, attempting to take on AWS, Amazon’s cloud computing
service we mentioned earlier.
Some Interesting Choices in Food and Beverage
Of course, though, it’s not all completely about tech companies. Here are two more we have our
eyes on.
Luckin Coffee, a Chinese coffeehouse company founded in 2017, made waves in 2020 and now
has over 4,500 stores and far exceeding the number of Starbucks outlets in China.
Lucking Coffee’s success has come quickly and if it is able to maintain this, it could be a very
interesting stock for 2021.
That said, in 2020 there was some controversy surrounding Luckin Coffee as it was uncovered
that some of its profits were falsified.
Another interesting choice is Beyond Meat, an American company that specializes in plant-based
meat substitutes.
Though the company has been around for almost ten years, it really started to gain traction in
2020.
If the demand for vegan-friendly meat substitutes continues to rise, Beyond Meat will likely do
well in 2021.
Keeping an eye out for interesting stocks like these will definitely make the stocks market one of
the best markets to trade in 2021.
Trading Commodities in 2021

The commodities market will be one of the key markets to trade throughout 2021, but you’ll
have to learn to sit on your hats throughout any potential craziness.
Could We See More Tension Over the Price of Oil?
Oil had a bit of a panic moment in March 2020 when Russia and Saudi Arabia triggered a price
war over the price of oil. In short, it led to a 65% decrease in the value of oil.
The price war happened when OPEC+ countries had a disagreement with Russia about reducing
oil production due to the pandemic (prices had already fallen 30% due to lack of demand).
It should also be noted that this price war had a knock-on effect to a number of other markets and
economies, severely damaging the oil production in the USA as well and potentially was one of
the most significant factors in the ongoing financial crisis we are in today.
In 2021, commodities traders should be on the lookout for similar events. It seems in 2020
Russia was the instigator, though both Saudi Arabia and Russia blame each other.
But such a crisis could also be caused by any other large exporter of oil (look into the 1979 oil
crisis).
The possibility of something like this happening again is uncertain. It lays bare the power large
oil producers have on completely trashing the market.
But, arguably after seeing the devastation they could have caused, two may stay away from
creating such a catastrophe again, so it is also very possible that 2021 may be very calm for oil
prices.
Naturally, on top of it all, unrest in the Middle East will continue to be a major factor in the oil
trade as well as it has the last two decades.
Will Natural Gas Burn Bright in 2021?
Natural gas is another key market to trade in 2021, but like all other markets in this list, there are
a plethora of variables to consider, each one with the ability to increase or decrease prices.

Russia is the world’s largest exporter of natural gas, the majority of which is sent to Europe
(mostly Germany, Turkey, Italy and the UK) through pipelines that cut across Eastern Europe.
These pipelines have been a cause of contention between Europe and the US, as Europe has
become dependent on Russia’s gas supply, implying a shift in geopolitics.
So, it would be wise to keep an eye on Russia’s continued expansion of natural gas lines into
Europe and the reaction of the US.
Other important players include Qatar, Norway and the US.
For 2021, Gazprom, Russia’s largest exporter of natural gas, doesn’t expect the ‘glut’ in
Europe’s natural gas market to disappear soon.
Throughout 2020, Europe’s consumption of natural gas slumped, and Russia has been left with
an oversupply. This slump is largely considered a result of the coronavirus.
And as you would expect, this has led to a decline in natural gas prices. With limited storage
capacity, many natural gas producers considered reducing production to prevent the price falling
any further.
In the US, on the other hand, the natural gas market is predicted to do pretty well as both
domestic and international demand continues to grow and production levels stay light.
These two conflicting predictions make it hard to say what exactly will happen in 2021, but this
much is certain: if the market does indeed slump, it may be a good opportunity to buy cheap and
hold until prices pick up again; if the market picks up, it may be a good opportunity to sell short.
Will Metals Continue to Shine in 2021?
The metals market, a key commodities market to trade in 2021 might be in some trouble.
The coronavirus has severely impacted the metals market, particularly steel, in 2020 as
government lockdowns halted manufacturing activity, especially in Europe.
However, even before 2019, there were signs that steel at least wasn’t doing too well.
Supposedly, steel consumption in the EU fell by 5.3% in 2019 and there are signs this may
continue into 2021 as well.
And sadly, it also seems likely that the aluminium may also be following in the same direction as
steel too as many market experts are forecasting a market surplus for the next few years.
This is partly due to increased use of scrap metal for aluminium which is cheaper and less
harmful on the environment.

Copper also appears to have the same problem, a large supply but low demand. However, there
is still hope for copper as China plans to utilise copper for a variety of infrastructure projects,
including the construction of their 5G networks.
And then there is gold, which also faced production issues because of the coronavirus, practically
halting gold mines around the world.
Further to that, we may be reaching our peak gold supply which could slowly start a decline in
market supply.
(There’s also another special reason to watch the gold market in 2021 below, keep reading!)
Will Soybeans and Corn Keep Feeding the World in 2021?
On our little green planet, we produce a hell of a lot of soybeans and corn and use them both in a
hundred different ways. They are a vital part of the commodities market and 2021 has the
potential to be a great year to trade them.
Soybeans had an incredibly low dip around April 2020, but that has then been followed by an
incredible shot to the moon, surpassing prices it hasn’t reached in the last few years.
No doubt (sorry to mention it again) but the coronavirus clearly was an impact here. In fact,
much of the agricultural market took a huge blow in early 2020 because of the virus.
And to counter this, many farmers in Brazil have started making ‘forward’ sales of soybeans for
the 2021-2 season, which may explain why prices shot up so high later in 2020.
These forward sales are likely an initiative to keep farmers in pocket and have helped
commodities traders take advantage of a temporarily undervalued market.
It may be possible that this trend continues in 2021, but if prices stay high, it might make it hard.
For corn, the long-term outlook looks promising and that’s partly due to the weak US dollar.
Historically speaking, whenever the US dollar is weak, corn exports do really well.
This is largely because the US is the largest exporter of corn, exporting 38.1% of all corn
exports.
And so, if the US dollar remains weak throughout 2021, we may see some excellent action in the
corn market.
Is Bitcoin Trending Invest 2021 - 2025 ?

The recent rally in Bitcoin price (BTCUSD) has left investors with an important question:
Bitcoin is trending invest 2021 ?
The quicksilver nature of cryptocurrency markets makes it difficult to answer that question with
clarity. Bitcoin's 2017 rally transmuted into a prolonged slump less than a year later. While
analysts and commentators have stepped up with optimistic predictions, it is far from certain
whether Bitcoin price will continue to increase.
Bitcoin analysts and proponents have predicted price targets of $50,000 for the cryptocurrency
next year.
Some commentators also say that the pandemic might have proved to be a turning point for
Bitcoin's acceptance as a "quasi-digital gold" for investors.
A Trillion Dollar Target?
The risky underpinnings of cryptocurrency markets will appeal to traders and investors in 2021,
according to analysts from Bloomberg. "A risk-off decline like the 1Q could return Bitcoin
towards the $10,000 support level in 2021, but we believe the path of least resistance remains
higher," the analysts wrote. In simple words, investors will continue to embrace the risk and
price volatility inherent in Bitcoin investing in 2021.
Bloomberg analysts have predicted a price target of $50,000 for Bitcoin, implying a $1 trillion
market cap for the cryptocurrency. They cite increased demand for the cryptocurrency,

mainstream adoption and interest, and diminished supply as Bitcoin reaches its 21 million supply
target as reasons for their estimated price.
BTIG analyst Julian Emanuel has estimated a similar figure for the cryptocurrency's price next
year. But his reasoning is different. Emanuel compared Bitcoin's price to the Nasdaq 100 (NDX),
a market cap-weighted index consisting of 103 non-financial companies at Nasdaq. The index
reached a peak valuation during the dotcom bubble and crashed soon after before beginning
another gradual ascent.
"It took NDX 14 years to rise above its parabolic 'blowoff top,' then six years to rise a further
150%. Bitcoin appears poised to exceed the 2017 parabolic 'blowoff top' in a mere three years.
Should Bitcoin's speed of ascent keep pace with the past three years and the degree of the rally
approximate that of NDX, $50,000 per Bitcoin is a reasonable year-end 2021 price target,"
Emanuel wrote.
A New Future or a False Rally Redux?
Momentum can be a powerful price propellant. The actions of a single investor can induce
others, who don't know much or any better, to follow them into a trade.
The price target predictions for Bitcoin bring back memories of 2017, when equally ambitious
(and in some cases outlandish) predictions were made for Bitcoin's future. Back then, the
cryptocurrency's astronomical prices fell as quickly as they had risen, leaving a trail of
disappointed investors and shuttered investment firms.
But the conditions were different. Asian investors and retail traders were reported to have driven
Bitcoin's previous price increase. They quickly moved in and out of trades, booked profits, and
abandoned crypto markets not soon afterward. This move sucked out much-needed liquidity
from crypto markets and crashed asset prices.
According to crypto-forensics firm Chainalysis, American investors driving the rally the rally
this time around. Institutional firms and hedge funds, interested in parking their funds for the
long term, are also beginning to pour funds into the asset class. In the long term, such liquidity
should help propel future price increases because it strengthens the market and tamps down the
intense volatility that has characterized crypto markets.
If history is any indication, the COVID-19 pandemic may have also proven to be a turning point
for cryptocurrency markets. Prominent economic historian Niall Ferguson told online publication
Barron's that pandemics are accelerators of financial history.
"We've seen that in just the same way that the use of coins as money was accelerated by the
Black Death. Payments in kind were yielding to a cash economy in Europe, and this was
accelerated in the 1340s," Ferguson said, adding that the COVID-19 pandemic has hastened the
acceptance of Bitcoin as a "quasi-digital gold" among investors.

Bitcoin was created by the mysterious Satoshi Nakamoto to be the first peer-to-peer electronic
cash system. Because Bitcoin is peer-to-peer, it is considered decentralized and doesn’t require a
controlling third party – such as a bank or government – to confirm or monitor transactions.
Instead, Bitcoin transactions are confirmed by miners who are rewarded with BTC for each
block that is verified and added to the blockchain. This reward is what incentivizes miners to
continue to confirm transactions and keep the Bitcoin network growing.
Every four years, Bitcoin’s block reward is reduced in half, resulting in miners receiving less and
less BTC as time goes on. This is referred to by the crypto industry as a halving.
Bitcoin’s supply is hard-capped at 21 million BTC and combined with each block halving, gives
Bitcoin a deflationary aspect and provides the asset with a scarcity similar to gold. In fact,
Bitcoin has been commonly referred to as digital gold.
These unique properties are said to make Bitcoin not only a borderless transactional currency,
but also a store of value, and even a safe haven asset during times of economic crisis.
Max Keiser, investor, and host of the Keiser Report calls for $100,000 Bitcoin in the short term,
but $400,000 in the long-term.
Keiser is one of Bitcoin’s most outspoken bull, calling for $100,000 since the asset was trading
at just $1. His new $100,000 target though is for the end of 2020, meanwhile, $400,000 is a long-
term goal due to the coronavirus and a comparison to gold.
“I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I
said this could go to $100,000 — I’m raising my official target for the first time in eight years,
I’m raising it to $400,000,” Keiser said.
Bloomberg Research recently released a new report on the future of Bitcoin as an investment.
The major media hub and finance terminal says that Bitcoin should reach $12,000 in the very
near term and $20,000 by the end of 2020.
Robert Kiyosaki, New York Times bestselling author of the book Rich Dad, Poor Dad has been
recommending his followers buy gold and Bitcoin. He calls for gold to reach $3,000 an ounce,
and Bitcoin to reach $75,000 within the next three years.
The popular Stock-to-Flow model created by Bitcoin expert Plan B which uses the asset’s digital
scarcity to estimate price valuations in the future. The model shows Bitcoin reaching as high as
$288,000 in the next cycle peak, which should take place over the next couple of years.
itcoin developer and early electronic cash pioneer Adam Back says that Bitcoin should reach as
high as $300,000 over the next several years.

“[Bitcoin] might not require additional institutional adoption [to reach $300,000] because the
current environment is causing more individuals to think about hedging [and] retaining value
when there’s a lot of money printing in the world,” Back told Bloomberg.
Bitcoin Price Prediction 2020
BTCUSD has been trading sideways for most of 2020 and is gearing up for an explosive
movement. The cryptocurrency is back above $12,000 and could have broken out from a long-
term triangle and downtrend line. Bitcoin price could reach as high as $20,000 before the end of
the year, or as high as $16,000 if it can’t get all the way to $20,000.
Interestingly, Bitcoin has been heavily correlated with the S&P 500 in 2020, so its future could
very much depend on the stock market.
Bitcoin Price Prediction 2021 – 2022
Bitcoin price has been trading inside a large bull pennant for the last several years. The chart
pattern across the largest timeframes matches the previous pennant breakout, so similar results
are expected.This would take the price per Bitcoin to as high as $70,000 before the end of 2022.
Bitcoin Price Prediction 2023 – 2025
The Bitcoin price peak and all-time high could reach above $100,000, to as much as $400,000 as
predictions from experts suggest.
Top 6 Reasons to Start Trading Crypto in 2021
In the last few years, cryptocurrencies have been the talk of the financial world.Even so, there
are still so many people that perceive the topic with great caution because of the lack of
understanding of what cryptocurrencies actually are. Many of those curious individuals, maybe
to learn about them more, however, there is no guarantee that the next step on their mind is to
invest or trade in cryptocurrencies.
If you are one of those individuals that have researched enough and are reluctant and wondering
whether you should trade with crypto, these 6 reasons may help you to decide to start in 2021.

Reason 1: Demand Growth
The first crypto ever was Bitcoin. It was launched a little bit over a decade ago. Like any other
newly made currency, it has a decentralized nature. It is here to stay and is worth investing in,
considering how easy it is to buy bitcoin and since the number of crypto projects is increasing,
there is no reason why not to. All cryptocurrencies, including Bitcoin, have changed the
traditional financial system from the ground up. Not only that the user has control and significant
freedom over their own finances, but there is no need to rely on banks. Crypto investing is not a
newly made whim and trend, it is but a reality.
According to data, there are over 5 thousand cryptos to invest in because of the rise of the
demand.
Reason 2: High Liquidity
The second reason to consider trading in crypto next year, in case you were wondering, is it for
you and should you participate in trading with currency, is the high liquidity in the world of
cryptocurrency trading. The conclusion is that the selling and buying of crypto is easy. For
example, when it comes to Bitcoin, there will always be a high demand for it. The number of
crypto wallets in 2020 has increased to more than 50 million according to data.

Crypto trading today is highly accessible and is not reserved only for the big businesses and
ambitious investors and other "big whales" in any type of industry. It is not complicated as it
may seem. Selling and buying items is quick and easy because the trading platforms have a good
technological organization.
They offer various tactics to users as well as tools, which can be algorithm-based trading or
limit-orders. To explain for instance what limit orders would mean. Buying and selling would be
automated at a specific price which is a huge advantage. Being that said, liquidity is more than
high.
Reason 3: Potentially Great Returns
The possibility of making a profit is the main reason why people tend to invest in
cryptocurrency. Even though you might not like it, "money makes the world go around", and
crypto is for that reason the best one to invest in. Trading with these currencies, even if it is
relatively "new". The potential returns are much higher compared to the traditional types of
investments like stocks for instance.
Even if cryptocurrencies are highly volatile, the potential achievement of high returns from a
single trade is still more than possible. Before going into any venture, it is advisable to take all
factors into consideration and all potential risks. If you decide to participate in these types of
investments in 2021, devise an effective risk strategy in order to limit your losses and you will be
good to go.
Reason 4: Bright Future of Cryptocurrencies
The overall future of cryptocurrencies is more than bright. That alone is yet another reason why
it would be a smart idea to invest in the upcoming year of 2021. They are safer and more
promising alternatives to other types of investments even if they are considered to be highly
volatile from time to time.
Bitcoin can be used for instance, as a good example. It has entered history and has been declared
lost multiple times and yet, it has survived all ups and downs, and right now, it thrives during the
global COVID-19 pandemic.
The current price is around 15 thousand dollars. For that reason, investors are quite positive
when it comes to Bitcoin's future. It is believed that investing in Bitcoin in this time of
uncertainty is safer.
Reason 5: Accessibility
Being involved in any kind of investment can be time-consuming and not to mention
bothersome, regardless of the bonds or stocks are at stake. Real estate for example, like other

investment opportunities, have a very high threshold entry. That means you can not simply invest
100 dollars, you would need a significantly larger sum in your possession so you would be able
to get started. With cryptocurrencies, taking part in investment is simple.
There is no need for you to deal with any institution, visit banks, or sign any kind of papers. All
you have to do is to make an account, invest how much you want and then follow all your assets
without any effort at all.
Reason 6: No Mediators
A level of independence is possible with cryptocurrencies unlike with other means. Meaning,
when you keep your finances in the bank, for instance, you are at the mercy of the people and the
organization itself. If the bank is closed, you have limited access to the money which is by right
yours. Not to mention that the bank can be bankrupted or robbed.
With cryptocurrency, your money is not going anywhere, it is just yours and stays like that
forever. You would not need to rely on any kind of financial institution for possible transfers
and holding. Also, the plus is that their fees which can be quite large are avoided. In the long run,
cryptocurrency can become the basis of a decentralized economy.
Digital currency has been on the radar in the public eye at an accelerated rate over the last couple
of years. Cryptocurrency is not going anywhere, and these mentioned reasons are taken into
account, there is no reason not to participate in the cryptocurrency market. Especially since it can
be proven to be an incredible long-term investment.
In 2010, you spent $ 100 to buy 100 BTC.
By 2020, you are now a millionaire 100 x $ 30,000 = $ 3,000,000.
You don’t miss chance to make money online and become a milon dollars with Bitcoin .
How to Buy/Sell Crypto ?
CoinMarketCap ,Coingecko ranks and scores exchanges based on traffic, liquidity, trading
volumes, and confidence in the legitimacy of trading volumes reported.You can Buy/Sell Crypto
on Cryptocurrency Spot Exchanges: Binance , Huobi-Global , Kucoin , Paxful , CEX.IO ,
CoinEX , CoinBase , …
You can also buy /sell on Cryptocurrency Spot Exchange : Poloniex , Okex , EXMO , Bitforex ,
Bitfinex, CoinSwitch , BTCMEX …
You can also buy /sell on Crypto with Crypto.com App : https://bit.ly/CRO-dk (Bonus $50)
You can create a Bitcoin wallet at the Spot Exchange:

1. Binance : https://bit.ly/binance-2020
2. Paxful : https://bit.ly/paxfull-all
3.Huobi-Global : https://bit.ly/Huobi-all
4. KUCoin : https://bit.ly/Kucoin-all
5.CEX.IO : https://bit.ly/cexio-all
How to Create a free account with Binance
Step 1: Create a free account with Binance : https://bit.ly/binance-2020
Step 2: Complete Create a free account By Email /Password
- Click on “Create account ” to proceed and you’ll receive a confirmation email.
Step 3: Enable 2-Factor Authentication (2FA)
A pop-up should appear on the screen the first time you log-in, and immediately enable 2FA to
increase your security.
Guide to Cryptocurrency Security: Activating 2FA
#1: Download the Google Authenticator App in your app store (Android)
#2 : Login to your exchange and proceed to the “Two Factor Authentication” section under
"Security Settings".
#3 :Activate your 2FA by scanning the given QR code using your Authenticator app installed
on your phone.
Once you have linked the Authenticator with your exchange, enter the 6-digit code generated
from the app into the “Authenticator Code Field in your account settings.
You’re done! You've just enabled 2FA security.
How do I get my BTC Address on Binance :
1/ Go to the Wallet - Spot ( Deposit & Withdrwaw)
2/ Select the BTC You Want to Deposit
3/ Get your BTC Address on Binance Exchange

Top 10 Exchanges Make $100K/month with Copy Trading
CoinMarketCap ,Coingecko ranks the top cryptocurrency Copy Trading Exchanges based on
trading volumes:
1/ ByBit : Make $10K /month
Register and Get Bonus 100$ : https://bit.ly/Bybit-reg
Established in March 2018, Bybit claims to be one of the fastest growing cryptocurrency
derivatives exchanges, with more than a million registered users. Built on customer-centric
values, Bybit endeavors to provide a professional, smart, intuitive and innovative trading
experience to better serve customers in a timely manner. Bybit is committed to creating a fair,
transparent and efficient trading environment, and offer 24/7 multi-language support as part of
their service.Products currently offered on the Bybit platform include BTC/USD, ETH/USD,
XRP/USD, EOS/USD, BTC/USDT, ETH/USDT, LTC/USDT, XTZ/USDT, and LINK/USDT
perpetual contracts.
2/ Etoro : Make $10K /month
Register and Get Bonus 200$ : https://bit.ly/etoro-full
eToro is eToro’s professional crypto exchange. Designed exclusively for the corporate and
institutional-grade crypto trading community, the eToro exchange aims to offer a trusted and
secure crypto trading solution, which is licensed and regulated by the Gibraltar Financial
Services Commission under the Investments and Financial Fiduciary Services Act (licence
number FSC1333B). eToro currently has more than 30 digital assets, including 17 tokenized fiat
and commodity stablecoins, and more than 100 trading pairs.
3/ FTX : Make $6K /month
Register and Get Bonus 100$ : https://bit.ly/FTX-all
FTX describes itself as a crypto derivatives exchange. FTX offers products including
derivatives, options, volatility products and leveraged tokens. The team reportedly comes from
Wall Street quant firms and tech companies including Jane Street, Optiver, Susquehanna,
Facebook, and Google.
4/ Bingbon : Make $8K /month
Register and Get Bonus 50$ : https://bit.ly/bingbon-all
Bingbon is a FinTech company that aims to make crypto derivatives market available and
accessible to the world and enabling all participants from all walks of life to invest in a simple
and transparent way.Established in 2018, Bingbon allows users to trade contracts of

Cryptocurrencies, Global Indices, Forex, and Commodities for long and short positions. Bingbon
is a crypto derivatives exchange that offers copy trading for users.
5/ Coinsbit : Make $5K /month
Register and Get Bonus 250$ : https://bit.ly/coinsbit-all
Launched in August 2018, Coinsbit is a centralized exchange based in Estonia. The team claims
that the number of Coinsbit users is 2,000,000. Coinsbit supports cryptocurrency pairs, 6+ fiat
gateways and OTC trading, as well as P2P-lending platform. Coinsbit offers cryptocurrency
trading and allows users to earn cryptoassets via the Staking pool. Coinsbit exchange token CNB
that was launched on 1 January 2020 to reduce trading fees for users. Coinsbit offers its platform
both for listing and for conducting IEOs.
Step 1: Sign up to get $250
Click on the registration link to register for a Coinsbit account: https://bit.ly/coinsbit-all
Step 2: Go to Gmail to confirm the link to receive 30000 CNG
Step 3: Verify information, verify accounts, turn on 2FA security
- 2-factor authentication to protect accounts by ID, ID card or Passport.
- 2-layer authentication to protect KYC account: CHPlay / AppStore - Google Authenticator
- Setup - Code
So you've signed up for a Coinsbit account.
6/ BitGet : Make $5K /month
Register and Get Bonus 100$ : https://bit.ly/Bitget-all
Founded in April 2018 and headquartered in Singapore, Bitget is a centralized exchange
based in Singapore. It supports futures and OTC. Bitget exchange claims to cover more than 40+
regions with more than 936,000 registered users.
7/ Primexbt : Make $7K /month
Register and Get Bonus 100$ : https://bit.ly/primexbt-all
Launched on May 2017, PrimeXBT is a Bitcoin-based trading platform which offers access to
over 50+ synthetic contracts including Crypto (Bitcoin, Ethereum, Litecoin, Ripple, EOS),
Forex, Commodities (Metals, Oil, Gas), and Indices from a single account.
8/ BitYard : Make $10K /month

Register and Get Bonus 300$ : https://bit.ly/bityard-all
Launched on 01/04/2020, BItyard is a centralized exchange based in Singapore.
9/ AAX : Make $4K /month
Register and Get Bonus 50$ : https://bit.ly/AAX-all
Launched on 16 September, 2019, AAX is a centralized exchange with offices in Europe and
Asia. It claims to be the first cryptocurrency exchange to be powered by London Stock Exchange
Group's LSEG Technology.
10/ BitMEX : Make $5K /month
Register and Get Bonus 50$ : https://bit.ly/Bitmex-all
BitMEX is a centralized cryptocurrency exchange located in Seychelles. There are coins and
59 trading pairs on the exchange. BitMEX volume in the last 24 hours is reported to be at
₿76,090.74 and open interest of ₿51,040.57. The most active trading pair on BitMEX exchange
is XBT/USD.
11/ SnapEx : Make $5K /month
Register and Get Bonus 50$ : https://bit.ly/snapEx-all
SnapEx is a global service-oriented digital currency contract trading platform. Fast execution,
low fees, USDT futures and swaps: available only on Snapex. Low fees. Fast execution.
How To Make $100K/month with Crypto Copy Trade
Crypto Copy Trading: The Ultimate Beginner’s Guide
What is Copy Trading? How to Invest in a Crypto Copy Trading Portfolio?
In this article, we explain the ins and outs of what copy trading is, how it works, how to start
copying traders, and how to get started investing in a copy trading portfolio.
Copy trading is the ideal solution if you want to actively trade online - but you have virtually no
experience or knowledge of how things work.
This is because you will be able to buy and sell assets passively - as your chosen copy trader will
make investment decisions on your behalf.
If this is something you are interested in - regulated platform eToro is largely considered to be
the market leader in this space - not least because it is home to over 13 million traders.

In this educational guide, we walk you through the copy trading process. We explain what copy
trading is and how it works, whether or not it’s profitable, and what you need to do to get started
with an automated trading portfolio today.
Note: As we uncover in this guide, copy trading isn’t only suited for newbie investors. On the
contrary, it’s also perfect for seasoned traders that simply don’t have the time to actively buy and
sell assets.
What is Copy Trading? The Basics
Put simply, copy trading allows you to ‘copy’ the portfolio of an experienced trader like-for-like.
For example, let’s suppose that you come across a trader that has been making gains in excess of
10% in each of the prior 12 months. As such, you want a piece of their secret sauce.
With copy trading platforms like eToro - this can be achieved at the click of a button. That is to
say, by copying your chosen investor - you can mirror their portfolio. For example, if the trader
has 10% of their portfolio in Apple stocks and 5% in gold, your portfolio will mirror this.
It is important to note that copy trading isn’t only suitable for long-term investments in stocks or
funds. Instead, you can also copy an investor that is active in short-term trading. As such, if you
want to engage in the day trading of forex or CFDs - the eToro copy trading feature allows you
to achieve this goal in a 100% passive manner.
In other words, if your chosen trader places a buy order on GBP/USD and then exits their
position a few hours later, your portfolio will do exactly the same. One of the best things of copy
trading at eToro is that you can get started with just $200. As we explain shortly, your portfolio
will be weighted like-for-like with your chosen trader.
How Does Copy Trading Work?
The copy trading process is actually very simple. After all, you simply need to select a trader that
you like the look of and then determine how much you wish to invest. However - and much like
any online investment strategy - you still need to understand how things work. This is because
you will be risking your hard-earned capital - so knowledge is crucial.
With this in mind, below you will find a simple breakdown of how copy trading works in
practice.
Example 1: Long-Term Investment Portfolio
In this example, we are going to look at how copy trading works in the case of an investor that
likes to focus on long-term stocks and shares.
.You find an experienced stock investor on the eToro website

.You decide to invest $1,000 into the copy trader
. The trader has 50% of their portfolio in Facebook stocks
. The trader also has 25% in Netflix stocks and 25% in IBM stocks
Once you confirm the investment at eToro, your personal portfolio will look like the following:
. $500 worth of shares in Facebook (50%)
. $250 worth of shares in Netflix (25%)
. $250 worth of shares in IBM (25%)
As you can see from the above, it doesn’t matter how much capital the copy trader has invested
at the platform - as your portfolio is weighted like-for-like.
Example 2: Short-Term Forex Trading Portfolio
In this example, we are going to explore how copy trading works when you elect to copy a forex
day trader.
.You invest $1,000 into your chosen forex trader at eToro
. The trader enters a buy order on EUR/USD at 1.1810
. The trader risks 3% of their trading capital with leverage of 1:30
. In turn, this means that you will also place a buy order on EUR/USD at 3% of your capital -
which is $30
Once the above position is entered, the outcome will be determined by the trader. That is to say,
if the trader makes a profit on their EUR/USD position - as will you. Similarly, if they make a
loss - you will do too.
A few hours later, the trader closes their position on EUR/USD at 1.2046
. This translates into gains to 2%
. On your stake of $30 - you make a profit of $0.60
.Much like the copy trader, you also had leverage of 1:30 applied to the position
.This means that your total profit from the EUR/USD position amounts to $18
Crucially, the copy trading example above illustrates that you are able to actively trade forex
without needing to lift a finger. The same trader might then go on to place a further 10 positions
later in the day - all of which will be mirrored like-for-like in your personal eToro portfolio.

eToro Copy Trading
There are several platforms in the online space that allow you to engage with copy trading -
which we will briefly cover shortly. However, it must be said that eToro dominates this space by
some distance.
The platform is home to over 13 million traders, albeit, not all have signed up to the copy trading
feature. But, there are tens of thousands of that have - meaning that you have plenty of options to
choose from.
Here’s a snapshot overview of why eToro leads the way in the copy trading phenomenon.
. You can get started with a minimum investment of just $200
. The platform supports everyday payment methods such as a debit/credit card, e-wallets, and a
bank transfer
.The minimum investment per copy trader is just $200
. Supported assets include forex, stocks, ETFs, cryptocurrencies and CFDs via hard metals,
energies, and interest rates.
. The platform is heavily regulated, just like any well-known international broker, eToro is
regulated by many regulators, including CySec in Cyprus (which means eToro is regulated
throughout the EU), the FCA in the UK, ASIC in Australia and by FinCEN (Financial Crimes
Enforcement Network) in the USA.
. eToro is one of few trusted brokers that has managed to gain acceptance in the USA.
. Each and every trade placed by the trader is 100% transparent
. You have heaps of metrics to look at when choosing a copy trader - such as historical and
monthly ROI, risk rating, and preferred asset class.
Other Copy Trading Platforms
If for whatever reason you don’t fancy using eToro for your copy trading endeavours - a
number of other options are on the list.
Who is Copy Trading Suitable for?
Copy trading is suitable for a variety of financial goals. Whether you’re a complete beginner or
simply don’t have time to research the markets yourself - copy trading provides a solution for
many investment barriers.
This includes:

Complete Newbies
The obvious starting point is that copy trading is highly conducive if you have little to no
experience of the investment world. After all, your chosen copy trader will make each and every
trading decision on your behalf.
No Requirement to Learn Technical/Fundamental Analysis
Research is by far the most important skill that you need to have as a trader. At the forefront of
this is technical analysis - which is the process of reading and evaluating charts. As you can
imagine, it can take many, many months before you begin to get to grips with technical
indicators and chart drawing tools.
Similarly, fundamental analysis is also required to trade effectively. This is the process of
reading and interpreting financial news developments and how they can impact the value of an
asset.
Crucially, by creating a copy trading portfolio - there is no requirement to perform an inch of
research yourself - as this is taken care of by the respective investor that you back.
Passive Income
Leading on from the above section, copy trading is also great if you seek a passive form of
income. Once again, as soon as you have elected to copy your chosen trader - there is nothing
more for you to do. Instead, the trader will buy, sell, and trade financial instruments on your
behalf.
Time Commitments
Unless you are a long-term investor - actively trading the financial markets is a time-consuming
process. Not only do you need to dedicate time to researching your chosen asset class - but you
also need to place buy and sell positions throughout the day. As such, copy trading is suited for
those of you that simply don’t have the time to trade.
Liquid Investment
Copy trading is also suitable for those of you that seek a liquid investment. By this, we mean that
you will always have the option of cashing out your copy trading portfolio at the click of a
button. This is ideal if you need fast access to your trading capital.
How do you Make Money From Copy Trading?
When it comes to making money - this operates much the same as any other online trading
strategy. That is to say - you stand the chance of growing your capital in two ways - capital gains
and dividends.

Capital Gains
Whether you are investing in stocks and funds or trading forex and CFDs - the overarching goal
remains the same - capital gains.
Put simply, this means that you will sell an asset for more than you originally paid (or visa-versa
if you are shorting the asset). In the case of copy trading, capital gains are achieved when the
value of your portfolio increases over time.
For example:
.Let’s suppose that you invest $2,000 into a copy trader at eToro
. The trader invests in stocks and shares
. Over the course of the next 12 months, the value of the portfolio has increased by 11%
. This means that your investment is now worth $2,220
Don’t forget, you would only be able to realise the above gains if you were to exit your copy
trading position. Until then, the value of your portfolio can and will go up or down.
Dividends
At eToro, you will have access to two asset classes that yield dividends - stocks and ETFs. If
regular income is something you are looking to achieve on top of capital gains, then you are best
off choosing a copy trader that focuses on the aforementioned assets.
In the case of stocks, you will receive your share of dividends as and when they are paid. For
example, if your copy trading portfolio holds 100 shares in a company that distributes a dividend
of $0.40 per stock - then you will receive a payment of $40.
However, if your copy trading portfolio contains ETFs, dividends are usually paid every three
months. This is because the ETF in question is likely to hold dozens - if not hundreds of
dividend-paying stocks.
How to Copy Trade Effectively
Copy trading might sound like this super amazing thing, and it truly is a very innovative concept
that can help traders progress to the next level, but there are still things traders need to be careful
of.
Most importantly, you should make sure that you don’t just copy other traders blindly. You
really shouldn’t be too dependent on them; you need to actively be a part of your trading!

You should look at how traders are rated and look at their trading performance. All good social
trading and copy trading platforms should have some kind of rating system to help you make an
informed decision. How to select a copy trader will be explained in more details in the next
section.
And just because they have a high return percentage doesn’t mean they are the best!
It might just be that the last few trades they pulled off were good, but if you look more closely
you see that they made many losses before they made those gains, and some of those trades
might have been very risky.
Always think about what the other trader is thinking and if you feel like it is a risk you can take.
Some more experienced traders will be able to risk a lot more than you! Don’t empty your
trading account copying risks you can’t handle!
Ideally, you shouldn’t treat your social trading account like a managed account, you should
exercise your free will. You are a trader after all, not an investor.
However, if you do just want someone to trade for you without having to think about it, it would
be better for you to get a managed account as copy trading requires at least some of your
involvement.
If you’re a novice trader looking to learn from other traders, eventually, as you become more
experienced, you may want to control your trades more and rely less on copying. Who knows, in
the future, other traders could start copying you.
How to Select a Copy Trader at eToro
Whether it's the ability to trade passively or access the financial markets without needing to have
any experience - copy trading offers a plethora of benefits. However, the most challenging part
is, of course, finding a trader that has the potential to make you consistent profits.

After all, just because your chosen investor has a verifiable track record of making money - there
is no guarantee that this will be the case moving forward. As a result, it is important that you
deviate sufficient time in researching a copy trader extensively before parting with your capital.
In the sections below, we explore some of the key research factors that you should look out for in
your search for a profit-making eToro copy trader.
Asset Type
Seasoned investors will often specialise in a specific financial marketplace. For example, the
most successful forex traders will rarely touch shares or ETFs. At the other end of the spectrum,
long-term equity traders are unlikely to touch anything outside of the stock exchange scene.
With this mind, the first step should be to filter your potential copy traders down by their
preferred asset class (The type of asset that the investor likes to trade such as stocks, currencies,
cryptos, indices, commodities, or ETFs). In other words, if you want to actively trade forex, stick
with copy traders that specialise in the currency arena.
Historical Trading Performance
It goes without saying that you should only consider copy traders that have a superb track-record
on eToro. After all, you wouldn’t entrust your hard-earned capital with a trader that makes
consistent losses, would you?
On the contrary, you’ll want to invest in the very best. Fortunately, eToro is 100% transparent on
trading performance. That is to say, when you click on a copy trading profile, you can view a
range of thought-provoking statistics.
For example, you can view the traders ROI (return on investment) since they joined eToro.
Additionally, you can break this down on a month-by-month basis.
Average Trade Duration
This is a useful statistic that lets you know the average duration that the copy trader keeps a
position open for. Why? Well, this will give you a clear understanding of the type of trading
strategy that the investor likes to take.
For example:
.If the average trade duration is in minutes or hours, then it’s likely that the individual is a day
trader. As such, your portfolio will be lively throughout the trading day.
.If the trader keeps positions open for several days or weeks at a time, then they are likely
involved in swing trading.

.At the other end of the spectrum, if the copy trader has an average duration of weeks or
months - then they are likely a long-term equity or fund investor.
Ultimately, the trade duration statistic ensures that you pick a trader that meets your financial
goals.
Risk Rating
In a nutshell, eToro will automatically assign a risk rating to each and every copy trader. This
runs from 1 to 10 - with 10 being the highest risk. The score itself is calculated based on several
factors that are linked to the trader's activity.
For example, this looks at the types of assets the individual typically traders, and the average
drawdown over the prior four weeks. Ultimately, the higher the risk rating, the higher the returns
you should expect.
Best eToro Copy Traders
If you’re looking for some inspiration as to which eToro copy trader you should invest in - below
you will find a small selection to consider.
1) Yujie He (Hyjbrighter) - Up 54.50% in 2020
Yujie He - who goes by the eToro username 'Hyjbrighter', is one the most successful copy
traders of the year. To date, the investor has made over 54% in 2020 alone. This consists of 10
green months out of 10 - which is nothing short of incredible.

The trader has just under 7,000 investors copying his portfolio, which translates into $5 million
under management. In terms of what Hyjbrighter likes to trade, this mainly centres on stocks.
For example, he currently has holdings in Facebook, Workday Inc, Walt Disney, Salesforce, and
China Mobile. What we also like about this eToro copy trader is that his risk rating is just 4/10.
This converts into an average weekly drawdown of 9.20%.
2) Marco Monserrati (Abbroush) - Low Risk Equity and Fund Trader
Marco Monserrati - or ‘Abbroush’ as he is known on eToro, has a track record of making
consistent, low-risk gains. In particular, this copy trader likes to focus on equities and funds.
With that being said, the trader has an average holding time of just 3 days - which illustrates that
he is more of a short-term swing trader. This is further highlighted by the average number of
traders that the individual places each week - which stands at just over 12.
In terms of the profitability, Marco is just under 11% in the green for the year - with no losing
months in 2020 to date.
It is important to note that Marco's trading activity carries an eToro risk rating of just 2/10. This
is great for those of you that wish to make use of the eToro copy trading feature - but in a risk-
averse manner.
3) Fahad Alhajri (Alnayef) - Hugely Profitable Forex Trader

Fahad Alhajri is one of the most successful forex traders at eToro. This self proclaimed currency
expert originally joined the platform in 2016. After a somewhat rocky start to his eToro journey,
Alnayef has since provided some lucrative returns for his backers. This stood at 90% and 35% in
2017 and 2018, respectively.
2019 was also a good year for the forex trader, with gains of 18%. In the first 10 months of 2020
- Alnayef is 11% in the green. What we really like about this eToro copy trader is that he has an
assigned risk rating of just 2/10. This translates into an average yearly drawdown of just 12.99%.
At the time of writing, Alnayef has just under 1,800 investors copying him. Interestingly, this
forex trader is more of a swing trader - with an average asset holding time of 3.5 weeks.
Similarly, the trader places an average of 3.61 traders per week.
Tip: One of the most effective ways to copy trade is to diversify as much as you can. That is to
say, eToro allows you to create a diversified portfolio of copy traders. The minimum investment
into each trader is $200 - meaning that a $1,000 deposit would yield a portfolio of 5 traders.
Click here to view most copied traders : https://bit.ly/etoro-full
How do eToro Copy Traders Make Money?

One of the most common questions we get asked here is how eToro copy traders actually make
money. After all there must be a financial incentive of some sort - taking into account that
investors are not required to pay a premium when using the copy trading feature.
Put simply, copy traders will earn up to 2% annually of their assets under management. As such,
a trader with $2 million worth of assets under management will stand the chance of earning
$40,000 annually. There are, however, several commission tiers at eToro, so those with a small
number of copiers will earn less.
The most important thing to remember is that eToro copy traders actually utilise their own
capital at the platform. In fact, this is a minimum requirement to be eligible for the program. As
such, you can be rest assured that your chosen trader doesn‘t attempt to access the markets in a
reckless manner - as their own money will be at risk.
Is the eToro Copy Trading Feature Legit?
Put simply, the eToro copy trading feature is 100% legit. In fact, the entire platform is safe and
secure to use. At the forefront of this is eToro’s regulatory standing. It holds three tier-one
licenses, which includes:
. FCA (UK)
. CySEC (Cyprus)

. ASIC (Australia)
The platform has been in existence since 2007 - and is now home to over 13 million traders
worldwide. Crucially, we would argue that eToro is the de-facto option if you are looking to
copy trade in the safest way possible.
Not only because of its strong commitment towards regulation - but the fact that everything is
100% transparent. As we have discussed throughout our guide, each and every position that a
copy trader has ever placed at the platform is publicly viewable. This means that traders cannot
hide their losses.
What are the Risks of Copy Trading?
While there are many benefits of the copy trading phenomenon, the process does not come risk-
free. After all, just because your chosen trader is behind huge long-term gains since joining the
platform - this isn’t to say that this will always be the case.
In particular, one bad month could end up whipping a reasonable chunk of your invested capital.
This is why you are best advised to diversify across several copy traders. For example, a well-
diversified copy trading portfolio might include investors from a variety of markets - such as
stocks, forex, and commodities. It’s also worth considering a ‘weighted’ diversification strategy -
where your capital is allocated based on the individual’s risk rating. For example, you might
have 70% of your money in copy traders with a risk rating of 3 or under, and the rest in higher
risk traders.
Tips for eToro Copy Traders
Before you copy any trader, there are three things to look out for on eToro:
. What is their return percentage (this is usually measured over the last twelve months)? But
don’t make the mistake of judging a trader on this alone!
. How many people are copying them (and the percentage that is increasing or decreasing)? And
finally;
. What’s their risk rating? This is vital because you don’t want to lose everything in your
trading account!
Risk is super important to factor in because some of these traders may be able to risk a lot more
than you are able to and by copying a losing trade, you could really lose a lot of your trading
account if you don’t pay attention!
Start Copy Trading Today: Step-by-Step Tutorial

So now that you know the ins and outs of the eToro copy trading feature - you might be
wondering how you can get started today? If so, we are now going to walk you through the
process step-by-step.
Step 1: Open an Account at eToro
If you want to use the copy trading feature at eToro - you will first need to open an account.
After all, the platform is a full-fledged brokerage firm that is regulated by three licensing bodies.
To get the ball rolling, simply head over to the eToro website and look out for the ‘Join Now’
button. You will then be asked to enter some personal information - such as your:
Full name
Nationality
Date of birth
Home address
Phone number
Email address
National tax number
You will also need to create a username and a strong password. eToro will ask you to verify your
mobile number by entering the unique PIN that is sent to your phone via SMS.
Step 2: Verify Your Identity
As is the case with all online brokers that are in possession of tier-one licenses - you will need to
verify your identity. The process takes just a couple of minutes with this broker, as it is able to
validate your documents instantly.
The two documents that you will need to provide are:
. Government-issued ID: Passport, driver’s license, or national ID card
. Proof of residency: Utility bill or bank account statement issued within the last three months
Note: You can upload the above documents at a later date as long as you do not deposit more
than $2,250. This needs to be done before you are able to make a withdrawal request - so we
would advise completing the process out of straightaway to avoid any payment delays.
Step 3: Make a Deposit

You will need to fund your eToro account before you can make a deposit. This needs to be at
least $200 - which is the same amount required to invest in a copy trader.
Supported payment methods include:
. Debit/credit cards
. E-wallets (Paypal, Skrill, Neteller)
. Bank transfer
As long as you are not funding your account with bank wire, the payment will be added to your
account instantly.
Note: All non-USD deposits at eToro incur a 0.5% FX conversion fee.
Step 4: Choose a Copy Trader
As soon as your deposit has been credited - you can proceed to make an investment. In order to
do this, you will first need to spend some time researching a copy trader that meets your long-
term financial goals.
To help you along the way, you can review our section on ‘How to Select a Copy Trader at
eToro’ further up on this page.
Step 5: Allocate Funds
Once you have chosen an eToro copy trader that you like the look of, you will then need to
allocate some funds. All you need to do is click on the ‘Copy’ button and then enter the amount
you wish to invest. Once again, this needs to be at least $200.

Additionally, you also need to decide whether you want to copy the individual’s current portfolio
only, or if you also want to mirror all ongoing trades. If it’s the latter, you simply need to tick the
box.
And that’s it - as soon as you confirm the investment the funds will be taken from your cash
balance and allocated into your chosen trader. You can exit your position at any given time.
When you do, the funds will be placed back into your eToro cash account.
eToro – Best Copy Trading Platform
Sign up for eToro and start copying top traders at no extra charge. There are no management fees
or other hidden costs involved.
Pros and Cons of Copy Trading
Here’s a snap overview of the pros and cons of copy trading:
Pros of Copy Trading
. Trade in a 100% passive manner
. No need to have any experience of online trading
. Copy trading lead you to avoid trading emotions and recklessness
. Choose a trader that meets your personal financial goals
. Copy trading is ideal for those that don’t have the time to actively trade
. Copy trading is available across most asset classes
. Ability to diversify across multiple copy traders
.Exit your position at any given time
Cons of Copy Trading
. Past performance of the copy trade is not a guaranteed indicator of future results
. You might get back less than you had originally invested
. You do not control what assets you buy or sell
Copy Trading Guide: The Verdict?
Copy trading is one of the most innovative things to reach the trading sphere. No longer do you
need to have any experience of trading to make money - nor do you need to spend countless

hours learning your craft. There is no requirement to perform any research either - as your
chosen copy trader will determine which assets to buy and sell, and when.
All in all, if copy trading is something you would like to explore today - then we would suggest
exploring the merits of eToro.
The online broker is home to over 13 million traders and is in possession of three tier-one
licenses. You can easily find a trader that suits your financial goals by reviewing the individual’s
key metrics - such as preferred asset, average trade duration, and shotrical ROI.
Key Points
If you remember anything from Social Trading: What Is It And Why eToro Is The King Of
Social Trading By Far! Make it these key points!
. Copy Trading is a variation of Social trading. Social trading works like a social media
platform where traders can copy each other’s trades.
. eToro is the best broker for social trading. eToro offers the best quality copy trading platform
and is an overall great broker to trade with.
. Copy trading is a really great way for beginners to learn how to trade. They can learn from
the traders they are copying and ask them questions about their trades.
. Copy trading allows you to copy the portfolio of an experienced trader like-for-like.
. Copy trading is popular with traders who have no experience in some specific markets and
those who have limited time to trading.
. You can earn money from Copy trading in the form of capital gains and dividends.
. Copy trading does not eliminate risk.
. Social traders should exercise caution when choosing what copy trader to follow. Look for
traders with a history of long-term success and who don’t take unnecessary risks.
. If copy trading is something you are interested in - your best bet is to use eToro
You can filter your potential traders down by their preferred asset class .

Best Markets To Trade In 2021: Forex, Cryptocurrency & More

Best Markets To Trade In 2021: Forex, Cryptocurrency & More

Recommended

Recommended

More Related Content

Similar to Best Markets To Trade In 2021: Forex, Cryptocurrency & More

Similar to Best Markets To Trade In 2021: Forex, Cryptocurrency & More (20)

Recently uploaded

Recently uploaded (20)

Best Markets To Trade In 2021: Forex, Cryptocurrency & More