How to trade Bitcoin like a Pro Trader

Professional Bitcoin Trading

What is Bitcoin?

A cryptocurrency created in 2009 for international exchange known as Bitcoin. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies.

Methods to Trade Bitcoin CDFs in easy steps:

  • Open a trading account in AvaTrade (or any other trading company)
  • Add funds in your Account
  • Fill in your preferred investment amount
  • Buy (Go long) or sell (go short) Bitcoin.

4 Tips for Professional Bitcoin Trading

  1. Focus on getting startup coinbase/GDAX and how to buy your starting cryptocurrency with any loss.
  2. Focus on the exchange interface and figure out everything your need to know trading like pro.
  3. Take a step furthur and bring you into the world of whole new exchange, where u can start puchasing another cryptocurrency like Ripple, Cardano and Verge etc.
  4. Talk about good practice to safe keeppin and prevent your account to be hacked. I talk about the common scams/hacks to watch out for, and the different options for safe-keeping your items.

Full Guide to Buying Your First Bitcoin/Ethereum/Bitcoin Cash

PROFESSIONAL TIP: You do NOT need to buy a whole bitcoin/ethereum/litecoin/bitcoin cash, unlike in the stock market. You can own fractions of a cryptocurrency.

There are many ways to get Bitcoin if you try hard enough, but the most straightforward way of getting it is by signing up on Coinbase begin your purchase. While the fees on Coinbase are ridiculously high, right now it virtually monopolizes the market and is really one of the fastest ways to get your hands on cryptocurrency, so if you want to start trading immediately, Coinbase is one of the few options. An alternative is Gemini or Bitmap, but I recommend Coinbase because it has an exchange component to it, GDAX, which we’ll get to soon.

PRO TIP: I recommend trickling investments rather than investing all at once to mitigate risk, unless you’re extremely confident. This means that, if you have $1,000 to spend, instead of putting it all in on one price, maybe put $250 in to begin with, wait a day or if you see a dip, and put in another $250, and it’ll average itself out to a lower buy-in price. I’m sure there’s a term for this. But I call it trickling. EDIT: It’s called Dollar Cost Averaging.

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