Thanks... and as for the best place to trade in cryptos at a leverage that is not locked to 5:1 for ETH, and 10:1 for XRP for example, do you know of the best platform?

Thirdly, sorry about this, but I have also just started mining ETH with 1 GPU. I am averaging 24MHs, and earning just over $0.80 per day. If the value of ETH goes up, will my earnings go up proportionally, or will they stay the same?

Thanks in advance for all 3 queries.

Kind Regards,
Slingshot1986

Or if anyone has any information on a good crypto-currency news/prediction/forecasting website then please let me know.

Thanks again,
Kind Regards,

Slingshot1986

Hello all,

I am new to spread-betting on cryptos, and have found that all the platforms I have tried so far (markets.com and trade.com) seem to be money-making scams to trap noob-traders like me. Despite the handy £25 no deposit bonus, which apparently I can withdraw once I have deposited my first £100, they have rather strange terms such as the minimum deposit is at £100, the leverage is locked to 5:1 on Etherium and 10:1 on Ripple, and there is no customer service contact number, just a strange looking mail address somewhere in Cyprus. Could someone please point me in the best direction?

I was hoping to put a few short trades on Bitcoin, Etherium and Ripple over the next few months and want to trade at either 2:1 or 3:1 leverage. I am sure there must be a platform that allows me to do so for all three crypto-currencies. Surely the leverage being locked to 5:1 on ETH and 10:1 on XRP has got to be a scam to make money.

I have accounts with IG.co.uk and XM.co.uk, but neither of them offer more than just BTC and ETH. I would also like to short-trade Ripple as it has been very volatile (10% growth in the last 9 hours for example!).

Also, could anyone give their opinion on Bitcoin, Etherium, and especially Ripple as longer term investments? If anybody out there has got the inside information, a month by month prediction/forecast over the next year for all three crypto-currencies would be absolutely ideal! I'm asking a lot there I know, but I'm sure you guys and girls in this forum are the right group of people to be asking!

Thanks in advance for your help.

Kind Regards,
Slingshot1986