Category: 03. Advance Trading

BITCOIN TRADING CAN BE PROFITABLE

Overall, the Bitcoin market is vibrant, and you can make a profit even when the prices are dropping. You just need to make a correct prediction of what the Bitcoin price will be in the next few hours, days, weeks or months. We hope that you found this guide...
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BITCOIN MARGIN TRADING

You may also wish to explore other forms of Bitcoin margin trading, whereby you buy or sell. When you place a buy order, you anticipate that the Bitcoin price will rise. Once they do, you will sell them to close your position, and therefore make a profit. When you place...
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PLACE A TRADE

The first step to make a trade is to settle on a position, followed by placing a trade on whatever platform you chose. The process of placing a trading includes entering the amount you want to stake, and defining the close conditions. For example, you need to set a...
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RESEARCH PRICE TRENDS

This might seem obvious but you need to take your research seriously. While past data will not guarantee the future, it is a good indicator of market conditions at different times. Always trust what the data says over your emotions, and make sure that you don’t use it to...
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DEVELOP YOUR TRADING PLAN

You need a trading plan even after you have chosen a trading strategy. A trading plan will help you to make disciplined trades instead of acting out of emotions when stakes are high. That way, you will not let your position stay open for too long or close one...
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AUTOMATED TRADING BITCOIN

With this method, you fund your account and sign up for a trading-bot.  A trading-bot is a program that uses algorithms to decide when to buy Bitcoins, and then sell Bitcoins at a profit. Even though you are outsourcing the trading to bots, there is no guarantee that you...
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SCALPING TRADING BITCOIN

This is where a trade takes small profits by selling when there is a small price change after they have bought their Bitcoins. The trader using thus strategy has to have a solid exit strategy. That is because if a huge but negative price change occurs, their previous small...
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SWING TRADING BITCOIN

In this method, you trade for periods ranging from two days to two weeks. You buy your Bitcoins with an anticipation the price will rise in the next few days, at which point you will sell to make a profit. It is same with day trading, except that the...
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DAY TRADING BITCOIN

This is where you buy your Bitcoin and sell it within the same day to make a profit. You may buy and sell several times during the day. You buy when you think the price is likely to rise. You then sell later in the day to make a...
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OPEN AN ACCOUNT

You will need to open an account with a Bitcoin exchange or a Bitcoin broker. The exchange or broker will connect you with other traders. Their job is therefore to offer a trading platform to Bitcoin traders. Your choice of broker or platform will depend on factors such as trading fees,...
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