How to Trade Bitcoin - Learn Bitcoin Trading

If you have been following the news you will know that bitcoin is one of the most sought-after cryptocurrencies. Bitcoin, the first cryptocurrency has come a long way since its launch in 2009. The price has seen many fluctuations which can be attributed to several reasons.

How to Trade Bitcoin

However, if you wish to make a fortune, then you need to trade bitcoin. If you are new to this, it is vital that you know the basics of bitcoin dealing as well as the factors that might affect the price, and trading strategies before you venture into deep waters of bitcoin trading.

What can cause the bitcoin price to change?


Movement of the value of cryptocurrency bitcoin offers a great way to make some money. However, to make a profit you need to know how and when can the price change. 

Moreover, the price change is often sudden and dramatic. Since the bitcoin market operates 24x7, this can occur anytime, making dealing with bitcoin a thrilling as well as challenging thing.

Unlike other currencies that are affected by the economic and political conditions prevalent in the country, the value of bitcoin is not changed due to these factors. The reasons for any movement in the bitcoin prices can be attributed to the following facts.

  • Bitcoin supply – There are 21 million bitcoins which will be mined by 2040. Since there is a limit to the number of bitcoins, their availability fluctuates depending on the rate at which they enter the market as well as what the owners of these bitcoins do with the cryptocurrency.
  • Market cap – The value of the cryptocurrency depends on how valuable people think it is. Thus, it can be easily influenced by traders, who can short it as well as create an inflated bubble.
  • Bad press – Public perception can change the fortunes of any currency and bitcoin is no exception.
  • Industry’s response – Currently, the cryptocurrency is not favored by most businesses across the world. Integration of the currency into the payment system and crowdfunding platform (like traditional currencies are used) will go a long way in enhancing the worth of bitcoin, especially in a corporate setting.
  • Major events – Any major changes in policies across the globe like security breaches, regulation changes or macroeconomic setbacks can have an effect on the value of the cryptocurrency.

Different Bitcoin trading strategies


If you wish to deal in bitcoin, there are two ways to do it; either buy it in order to sell it at a profit or guess its value without investing in it. The latter is how CFD works, You can also try BTC SuperStarThe various strategies involved in bitcoin trading include.

  • Day trading –This is based on short term movement of the cryptocurrency where you close at the end of the trading day. This is beneficial if you wish to make the most of the short-term opportunities in the bitcoin trading market.
  • Swing trading – This involves catching hold of the trend and holding your position till the trend continues or signs of reversal are seen. This is the best strategy if you wish to capitalize on market gains.
  • Scalping – As the name specifies, you make frequent intraday trades and gain from minor price movement. This technique works well for people who wish to make continuous profits rather than wait for a major breakout.
  • Automated trading – You can automate the trading process to cater to changing market conditions. This works well for passive traders who do not have the time to follow the upheavals of the market.

How to Trade Bitcoin?


A bitcoin exchange works in a way like traditional exchanges. Investors can buy or sell the cryptocurrency from one another. However, unlike traditional exchanges, these lack proper regulation and public records.

Additionally, the servers and matching engines are unreliable, and they impose a fee restriction on funding and withdrawing from your exchange account. The various steps involved in bitcoin trading are.

  • Opening an IG trading account
  • Building a trading plan as per the strategies mentioned above depending on your financial goals and acceptable risks.
  • Research before investing your money in the cryptocurrency. It is better that you know the latest in bitcoin news to assess price trends before placing a trade.

Posted in:



Liked us? Tell your friends on Facebook!

70 comments:

  1. Nice post. You might also want to check my article on how to invest in cryptocurrency the smart way. It's more torough and upto date (https://retireearlywithcrypto.com/how-to-invest-in-cryptocurrencies/).

    ReplyDelete
  2. When you use a genuine service, you will be able to provide instructions, share materials and choose the formatting style. Bitcoin mining for free

    ReplyDelete
  3. I like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed... baikal miner price

    ReplyDelete
  4. This post is very simple to read and appreciate without leaving any details out. Great work! How to Withdraw Bitcoins to Cash

    ReplyDelete
  5. Why Do People Prefer Free Binary Options Strategy Ebook For some investors, investing in binary options is enticing because of their many benefits.

    ReplyDelete
  6. I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. Thanks... Bitcoin Mixer

    ReplyDelete
  7. Notwithstanding, the Bitcoin cost relies upon the degree of certainty its clients have, as the more significant organizations acknowledge Bitcoin as a strategy for installment, the more effective Bitcoin will turn into. bitcoin mixer

    ReplyDelete
  8. Milan Roxe concocted SNO Coins, which are additionally another online cash, in any case, you can without much of a stretch put resources into them as they are very new yet, trusted by millions. coin master

    ReplyDelete
  9. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with extra information? It is extremely helpful for me. free bitcoins

    ReplyDelete
  10. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. xbt to usd

    ReplyDelete
  11. A debt of gratitude is in order for sharing the information, keep doing awesome... I truly delighted in investigating your site. great asset... forex kings

    ReplyDelete
  12. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. bitcoin to usd

    ReplyDelete
  13. THE IMPORTANCE OF HOME CLEANING COMPANIES IN JUBAIL
    MONDAY, 21 DECEMBER, 2020, 5:13 PM
    THE IMPORTANCE OF HOME CLEANING COMPANIES IN JUBAIL



    Home cleaning companies in Jubail provide cleaning services that require great effort in carrying out various cleaning operations.

    Cleaning companies in Jubail play an important role in providing the important facilities that are needed for major cleaning operations in mosques, companies, and others.

    Home cleaning companies in Jubail are very interested in the machines they use to carry out cleaning operations.

    Cleaning companies in Jubail are keen to import the best equipment, machines that clean carpets, steam upholstery, and special cleaning types.

    شركة تنظيف بالجبيل
    Cleaning companies in Jubail follow the latest professional developments related to cleaning matters in the Arab world, European, and Asian countries to find out the latest developments in modern methods in the various areas of cleaning.

    Jubail cleaning companies use German and Chinese expertise in their cleaning operations for the customer.

    The company does not fail to seek the help of German experts who provide German expertise in treating the most difficult stains that stick to furniture, carpets, floors, and marble, and the easiest ways to eliminate these stains and restore the aesthetic view of these things.

    شركة تنيف بالقطيف
    Cleaning companies in Jubail respect the interests of the customer who contract with him, and these companies strive to provide the things that he prefers, and provide him with the service he seeks.

    Cleaning companies in Jubail get to know the customer through legitimate channels of communication between the company and the customer.

    شركة تنظيف بالدمام
    شركة تنظيف بالجبيل
    شركة تنظيف بالدمام
    https://almthaly-dammam.com
    شركة تنظيف بالقطيف
    https://dubi4clean.com


    ReplyDelete
  14. Nice to read your article! I am looking forward to sharing your adventures and experiences. ganhar dinheiro na internet

    ReplyDelete
  15. This comment has been removed by the author.

    ReplyDelete
  16. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. how to invest in litecoin

    ReplyDelete
  17. This particular is usually apparently essential and moreover outstanding truth along with for sure fair-minded and moreover admittedly useful My business is looking to find in advance designed for this specific useful stuffs… forex kings

    ReplyDelete
  18. The key US import/trade proportion with the 15 stands at 1.6, not exceptional, but rather not exactly the 4.3 with China. trading bot

    ReplyDelete
  19. This sort of appears completely greatest. Each one of these small info tend to be produced as well as plenty of background info. I favor which a great deal. Mine bitcoin Free with your cell phone

    ReplyDelete
  20. I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often. csgo skin trade

    ReplyDelete
  21. Im no expert, but I believe you just made an excellent point. You certainly fully understand what youre speaking about, and I can truly get behind that. cycblebittoken

    ReplyDelete
  22. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. btc to eur

    ReplyDelete
  23. Hey, this day is too much good for me, since this time I am reading this enormous informative article here at my home. Thanks a lot for massive hard work. bitcoin to euro

    ReplyDelete
  24. I exactly got what you mean, thanks for posting. And, I am too much happy to find this website on the world of Google. bitcoin to visa

    ReplyDelete
  25. For instance, you need something to be at eye-level to stand out, so you two or three glass-framed racking system together to incredible a greatly appealing and in-your-face show rack.gondola shelving system malaysia

    ReplyDelete
  26. This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free. mining

    ReplyDelete
  27. I just couldn't leave your website before telling you that I truly enjoyed the top quality info you present to your visitors? Will be back again frequently to check up on new posts. btc to paypal

    ReplyDelete
  28. I have read your article, it is very informative and helpful for me.I admire the valuable information you offer in your articles. Thanks for posting it.. btc to paypal

    ReplyDelete
  29. I know your expertise on this. I must say we should have an online discussion on this. Writing only comments will close the discussion straight away! And will restrict the benefits from this information. btc to inr

    ReplyDelete
  30. This comment has been removed by the author.

    ReplyDelete
  31. This is just the information I am finding everywhere. Thanks for your blog, I just subscribe your blog. This is a nice blog.. eth to inr

    ReplyDelete
  32. Goldshell LT5 mines Scrypt algorithm (Dogecoin and Litecoin) at 2.05Gh/s. In Stock now and ready to ship. Order direct with free shipping from official store. Goldshell LT5 Doge LTC Miner

    ReplyDelete
  33. Other than without the fervor, old school specialized investigation trading frameworks will in general have a lower achievement rate, which a many individuals are reluctant or unfit to manage. Saham

    ReplyDelete
  34. wow, great, I was wondering how to cure acne naturally. and found your site by google, learned a lot, now i’m a bit clear. I’ve bookmark your site and also add rss. keep us updated. Bitcoin doubler x2

    ReplyDelete
  35. This post is very simple to read and appreciate without leaving any details out. Great work! How to get dissertation writing services

    ReplyDelete
  36. I recently found many useful information in your website especially this blog page. Among the lots of comments on your articles. Thanks for sharing. Binary Options Copytrading

    ReplyDelete
  37. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. Best Binary Options Strategy Ebook

    ReplyDelete
  38. Thanks for the blog post buddy! Keep them coming... Quotex Binary Options

    ReplyDelete
  39. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. VFX Alerts Binary Options

    ReplyDelete
  40. I’m going to read this. I’ll be sure to come back. thanks for sharing. and also This article gives the light in which we can observe the reality. this is very nice one and gives indepth information. thanks for this nice article... binary options scam reviews

    ReplyDelete
  41. You then use a debit card (or a checkbook, in case you are antique school) to get right of entry to the ones finances. Bitcoin ATM

    ReplyDelete
  42. I am unable to read articles online very often, but I’m glad I did today. This is very well written and your points are well-expressed. Please, don’t ever stop writing. source

    ReplyDelete
  43. This is a great post. I like this topic.This site has lots of advantage.I found many interesting things from this site. It helps me in many ways.Thanks for posting this again. crypto robot trading

    ReplyDelete
  44. This is very educational content and written well for a change. It's nice to see that some people still understand how to write a quality post.! exchanger24

    ReplyDelete
  45. Love to read it,Waiting For More new Update and I Already Read your Recent Post its Great Thanks. Best Quotex Review

    ReplyDelete
  46. When you use a genuine service, you will be able to provide instructions, share materials and choose the formatting style. kanada visum for norsk

    ReplyDelete
  47. You can do this effectively enough by enlisting with one of the trades which will have wallet for you. how can I buy Bitcoin

    ReplyDelete
  48. Superbly written article, if only all bloggers offered the same content as you, the internet would be a far better place.. India visa application

    ReplyDelete
  49. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking.
    assignment writing services UK


    ReplyDelete
  50. There are particular dissertation websites on the internet should you acquire certainly introduced in your web page. Bitcoin recovery service

    ReplyDelete
  51. Alimentation Couche-Tard started to make an enormous new benefit community that would drive deals and business higher than ever of progress that would likewise drive the development of the Alimentation Couche-Tard TOP recovery companies

    ReplyDelete
  52. You pays those people with coins or through different approaches. The accurate suppose is which you and the vendor can set up the charge method: coins in individual, coins through deposit, financial institution wire, PayPal, etc.Bitcoin ATM near me

    ReplyDelete
  53. You ought to take part in a contest for one of the greatest blogs on the web. I am going to recommend this website! have a peek here

    ReplyDelete
  54. This trend favors those interested in mining who also happen to have thousands of dollars lying around to be used on expensive hardware, as well as the early adopters of Bitcoin mining who likely have made a hefty profit from their early mining efforts. Those early profits could be rolled into the latest and greatest hardware and rig setup to continue generating Bitcoins well into the future. minesweeper.games

    ReplyDelete
  55. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up. Great work. CastingMFG

    ReplyDelete
  56. STZ Token is an ERC-20 utility token that is designed to be the currency of purchase, utility, and attribution of e-sports and blockchain based digital ... Cryptocurrency

    ReplyDelete
  57. Learning a new language should be done with a native language speaker who can help you get started. This article talks about the techniques to learn English and the most effective ways to do so. https://www.seoexpertindelhi.in/google-word-coach/

    ReplyDelete
  58. There could be a lot on this submitting i wouldn't normally contain looked at on my own. Your content permits supporters aspects take into consideration inside beneficial approach. rtx 3070

    ReplyDelete
  59. That appears to be without doubt terrific. A good number of teeny facts are meant experiencing great deal of background abilities. I will be interested the thing a large amount. brand names for sale

    ReplyDelete
  60. The look rightly terrific. All these mini advice happen to be created implementing massive amount past working experience. I'd like to see the whole works very much. creative business names

    ReplyDelete
  61. Thank you so much for such a well-written article. It’s full of insightful information. Your point of view is the best among many without fail.For certain, It is one of the best blogs in my opinion. dark0de market link

    ReplyDelete
  62. I need to to thank you for ones time for this particularly fantastic read!! I definitely really liked every part of it and i also have you saved to fav to look at new information in your site. https://givetime.io/

    ReplyDelete
  63. Our Cryptocurrency News feed is a one stop shop destination on all the latest news in crypto. Cryptocurrency News today play an important role in the awareness and expansion of of the crypto industry, so don’t miss out on all the buzz and stay in the known on all the Latest Cryptocurrency News. http://cryptonews.com/

    ReplyDelete
  64. Going to graduate school was a positive decision for me. I enjoyed the coursework, the presentations, the fellow students, and the professors. And since my company reimbursed 100% of the tuition, the only cost that I had to pay on my own was for books and supplies. Otherwise, I received a free master’s degree. All that I had to invest was my time. Krypto referral code

    ReplyDelete
  65. All your hard work is much appreciated. Nobody can stop to admire you. Lots of appreciation. name my business

    ReplyDelete
  66. All your hard work is much appreciated. Nobody can stop to admire you. Lots of appreciation. name my company

    ReplyDelete