Tag: how to trade Bitcoin

What You Need to Know to Start Trading Bitcoin

This year, Bitcoin has soared to spectacular highs. Its price has quadrupled in comparison with 2020, and experts are predicting further growth. Becoming a crypto trader is tempting. Here are the basics to help you get started. 

Learn About Key Factors

To foresee how Bitcoin will move, you need to understand the drivers. The number of Bitcoins is limited to 21 million. As supply is capped, rising demand always pushes the price upwards.  read more

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How to Choose a Bitcoin Exchange: 4 Tips

Bitcoin is reaching new highs. Since October 2020, its price has already quadrupled. Other coins like Dogecoin are also growing fast. Unsurprisingly, trading is now a hot topic these days. You can make a profit by buying and selling crypto coins at the same time. However, any strategy is useless on a fraudulent platform. These tips will help you pick a reliable company. 

Security And Status

Security is crucial for all financial transactions, but cryptocoins are particularly vulnerable. The first exchanges in the early 2010s were often targeted by cybercriminals and associated with online fraud. Fortunately, the biggest systems of today like Coinbase use top-notch security measures.  read more

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Bitcoin Trading Strategies. Where to Buy BTC Fast?

In 2021, Bitcoin is soaring again. Its value has already doubled, and experts predict further growth. But what are the best trading strategies? These methods will help you profit from the impressive growth.

HODLING

This is the simplest strategy you can find, and its name is simply a misspelling. In 2013, a member of Bitcointalk advised holding onto the coins in a bearish market. The idea caught on. When you HODL, you refrain from selling because you hope that the price will surge again. Naturally, a fall is also possible, so risk management is key. This approach is suitable for beginners. read more

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