Though classified as a “video game”, trading virtual currencies teaches a person everything he/she might need to know to start trading FOREX.
While the rules and laws are entirely different, buy and sell orders are the same. Charts are the same. Numbers still have decimals. Instead of pips, they call them Satoshis.
Currently, I’m using Bitcoin to trade on Yobit. If you find yourself interested, I’d be happy to post more about which coins I’ll be buying and selling.
Even though virtual currency isn’t “real”, you can buy things, like how an arcade has prizes you can select, but these arcade tickets can get you anywhere from an Amazon gift card to luxury real estate in California.
There are other exchanges you can trade with, but I personally favor Yobit for its simplicity and community.
Do not risk any money you are not willing to lose. You wouldn’t go all in if you were a good FOREX trader, so don’t go all in on anything you are not 100% confident about.
This is not a way to get rich quick, but it is extremely educational. It is possible to make a few shekels if you know what you’re doing.
You can begin with as little as 0.0001BTC (about $0.10 USD)!
*Beware of your country’s laws regarding the use of cryptocurrency websites and virtual currencies*
Money = Value 