Jump to: navigation, search

Bitcoin trading


Bitcoin Trading refers to two different meaning, the other one is trading with Bitcoin and trading Bitcoin as an asset.

Trading Bitcoin as an asset, you will make a prediction on Bitcoin’s price future movement, whether it will go up or down. Once you have decided on the trading option, you can simply purchase the position.

Day trading Bitcoin

A form of Bitcoin Trading is day trading. You can day trade fairly easily on any crypto-exchange. Most people who start daytrading have no idea what they are doing and many make no money day trading at all. It is important to have a good understanding of different strategies and figure out what works for you.

A technology many day-traders use is Technical Analysis. Although many Bitcoin holders think this is some kind of voodoo magic that can reveal the future, it is actually just a technique to forecast patterns of trade based on knowledge of mass-psychology. Technical Analysis is a well known technology used in many markets.

Further reading

This is a stub. Please add information.