Doing you plan on bitcoin trading? Or do you want to buy or sell your crypto?
In this particular article, I talk with you about what is bitcoin trading, Bitcoin trading type, best bitcoin trading site, bitcoin trading is risky or profitable and where you sell or buy bitcoin.
That's mean this article is a good guideline for you if you are a trader or beginner trader.
Firstly, Bitcoin trading is worldwide, sent out across the electronic exchanges around the globe. The Bitcoin marketplace never closes, therefore if cash never sleeps then Bitcoin is the best form of money. Unlike Forex, Bitcoin doesn’t take on weekends off. Because of this online market traders anywhere and anytime in the world can dip into the Bitcoin market place when ever it’s comfortable to them because that’s outside of business hours or weekends and holidays.
What is Bitcoin Trading?
Basically, Bitcoin trading is simple buying Bitcoin with lower price and selling bitcoin them at the higher price. You can make a profit from the difference between those two prices. If the price drop, you will be in the uncomfortable position then if you sell them so you do lose. But if you hold your bitcoin and wait for the higher price, so you do not lose.
Bitcoin trading type:
Generally, Bitcoin trading is two types first long-term, second short-term.
Long-term: Long-term trading basically stocks bitcoin for a long time. This method is good for better profit Because of bitcoin price increase 8000$ + in last one year.
Short-term: Short-term traders always following Bitcoin market price. When drop market price then buys bitcoin and when increase price then sale her bitcoin. Make profit from between difference buy and sale price. Some treader follows others cryptocurrency market price Because when increasing bitcoin price then sale bitcoin and then drop which crypto buy that crypto for more benefits.
Somebody said trading is risky. But i think it not risky if you are intelligent and you have full knowledge about trading. The risk is everywhere even on trading and investments but you can skip the high risk by getting some key information and using a good strategy that will help you to low the risk and better the chance for making money. If you lose some because of risk it will become a topic for you that you will be smarter in the next coming future investments in trading or transactions.
Bitcoin price is every day up and down. But last 1-year increase bitcoin value from 1000$ to 10000$ + I hope now you do not tell again bitcoin trading is a loss or risky project.
Best bitcoin trading and exchange site:
I do recommend some site for bitcoin and others cryptocurrency trading and buy or sell. Best bitcoin and others cryptocurrency exchange website below. All site is safe and trusted with many treaders. So you can use any site from below. See photo for site exchange or trading fee idea. All included site is taking so small fee.
Hitbtc Click for visit this site
Coinut Click for visit this site
Bitmex Click for visit this site
Exmo Click for visit this site
Bitbay Click for visit this site
Localbitcoins Click for visit this site
Coinbase Click for visit this site buying or selling bitcoin completely free
Check out for
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I'm a victim of crypto.
So sad @pradhan222 please follow this post. Best of luck