How to trade Bitcoin

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How to trade Bitcoin

 

Bitcoin

As you know Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto.

 

To begin in the Bitcoin business you may have this options:

 

Mine It: The easiest—but slowest—way into Bitcoin is to mine it. Set up a dedicated computer to do nothing but decrypt Bitcoin blocks, install some Bitcoin-mining software and let it do its thing. Again, doing so on a mid-range desktop could take upwards of a year or more to fully decrypt a single block. That’s not going to be worth the time or effort.

 

But It: You can use bitcoin as an investment instrument, in August 2012 the Bitcoin price was only $10 USD.Now at June, 2017 the price is around $2500- $2900.We are talking about more than  25,000% of yields without leverage in 5 years.The first step is to open a Bitcoin wallet in a company like coinbase.com but there are different companies similar around the world.

 

Trade It: This will be the best option to make money with Bitcoin because many brokers like Markets.com or Avatrade offer the BTC/USD Cfd.You can buy or sell Bitcoin with leverage and increase the yields.The trading platforms give you the option to set a stop loss or a take profit and use automated trading strategies or follow professional Bitcoin traders online.

 

Bitcoin
Bitcoin