Bitcoin trading can be extremely profitable for professionals or beginners. The market is new, highly fragmented with huge spreads. Arbitrage and margin trading are widely available. Therefore, many people can make money trading bitcoins. Bitcoin’s history of bubbles and volatility has perhaps done more to bring in new users and investors than any other aspect of the crpytocurrency.

Each bitcoin bubble creates hype that puts Bitcoin’s name in the news. The media attention causes more to become interested, and the price rises until the hype fades. Each time Bitcoin’s price rises, new investors and speculators want their share of profits. Because Bitcoin is global and easy to send anywhere, trading bitcoin is simple. Compared to other financial instruments, Bitcoin trading has very little barrier to entry. If you already own bitcoins, you can start trading almost instantly. In many cases, verification isn’t even required in order to trade. If you are interested in trading Bitcoin then there are many online trading companies offering this product usually as a contract for difference or CFD.

Why Trade Bitcoin?
Before we show you how to trade Bitcoin, it’s important to understand why Bitcoin trading is both exciting and unique.

Bitcoin Is Global
Bitcoin isn’t fiat currency, meaning its price isn’t directly related to the economy or policies of any single country. Throughout its history, Bitcoin’s price has reacted to a wide range of events, from China’s devaluation of the Yuan to Greek capital controls. General economic uncertainty and panic has driven some of Bitcoin’s past price increases. Some claim, for example, that Cyprus’s capital controls brought attention to Bitcoin and caused the price to rise during the 2013 bubble.

Bitcoin Trades 24/7
Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range.

Bitcoin is Volatile
Bitcoin is known for its rapid and frequent price movements. Looking at this daily chart from the CoinDesk BPI, it’s easy to spot multiple days with swings of 5% or more:


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Are you one of those who hear and see a lot of buzz around trading crypto currencies, but you have no idea what this is, how to do it or is it for you at all?

I'll try to give you a short overview of this activity so you can make your own decision.

1. The main currency we use here is Bitcoin. You first have to open a bitcoin wallet and acquire some bitcoin.

2. All other coins are purchased with bitcoin (some exchanges allow to buy with ether, monero, etc.. but for simplicity let's stay with BTC)

3. Once you have some bitcoin you are ready to buy altcoins (altcoin = general name for all coins other than bitcoin)

4. You will buy altcoins on an exchange. Exchanges are online services that offer buying and selling crypto currencies. The most popular are Bittrex and Poloniex. You have to open an account there

5. Deposit Bitcoin into your exchange account

6. Place a buy order for your chosen coin and buy

7. Watch the charts, follow news, join crypto trading communities and learn

8. See your coin price increase to a satisfactory level

9. Sell your coins for profit

10. Withdraw bitcoin from your account OR use the funds to buy again

This is trading in a nutshell.

You can Google about Bitcoin trading to get more details

Ask your questions here, you will be attend to

Pls ow can I mak moni from bitcoin

BJOO:
Pls ow can I mak moni from bitcoin

You can make money in bitcoin through the following ways:

1. Mine your own Bitcoins. The very first way to get your own Bitcoins was through mining.

2. Do work for Bitcoins.

3. Offer something for Bitcoins.

4. Gambling and casino games.

5. Use various Bitcoin faucets.

6. Boost your trading skills.

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