There are many virtual currencies in the world of finance today and they are here to stay. They’re also the future of currency and the way people keep flocking to them it’s no wonder why their popularity rises. They aren’t your typical fiat currencies as they aren’t controlled by a bank or any other third party. The only person that controls the assets is the user. So, the users of virtual currencies are autonomous. It’s also worth mentioning that they’re anonymous as well and in that way, they protect their financial and personal information during transactions. Then there’s the profit potential that gets the attention of lots of people. With benefits like these, it’s no wonder why the currencies are becoming popular. To make use of the profit potential you’ll need to learn how to trade first. Nothing is stopping you from learning by trial and error, but that will cost you a lot of money until you get the hang of it.
But you can always go for a trading simulator that will teach you the skills to trade. There are various kinds of simulators that do this and they focus on various aspects of crypto trading. Here are some of them:
Spark Profit:
It’s impossible to know which way the value of an asset will go, but it’s a good idea to have a rough idea of where it’s going to go. Spark Profit is a simulator that teaches you how to make these predictions and rewards you for making the right ones. Bitcoin, Litecoin, and Ethereum are the ones the app focuses on. Also, you don’t need to learn any special skills to trade and enjoy the crypto profit potential. All you need is a trading platform like BitIQ to trade for you. For it to do this you’ll need to feed it some input as a user. For you to do this correctly you’ll need to understand how the platform works and how to adjust its settings. To do so you’ll need to create an account and make a small deposit so you’ll have money to trade with. Then you’ll be provided with a demo account and some tutorials that will teach you about the platform. When you’re done with that you can simply go for a live session after which you’ll be able to enjoy the platform’s benefits to the fullest.
Altcoin Fantasy:
Yes, predicting the value of an asset important, but that doesn’t mean that the basics are less important. In other words, learning how to buy and sell assets is just as important and Altcoin Fantasy is here to teach you that. You’ll do this with the popular virtual currencies on a virtual market. Another thing you’ll also learn is how to analyze the market. This will help you with the predictions as the history of fluctuations will give you a rough idea of the way the value will go. Additionally, you’ll be able to test your skills in the many competitions this game offers. Oh, and the top prizes are virtual currency amounts.
CoinMarketGame:
This is another simulator that focuses on buying and selling assets. This means that CoinMarket will teach you the essentials with several popular virtual currencies in a virtual market. Some time with this game and you’ll be a competent trader.