• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Buy SilverTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Buy SilverTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo

How to Trade BTC?

Guest Author by Guest Author
1 year ago
in
Reading Time: 3min read
How to Trade BTC?
Advertisement

Cryptocurrencies are rapidly on the rise and thanks to Blockchain technology, it seems that digital assets will be a core part of our lives in the future.

Bitcoin ATMs can now be found in shops where investors can purchase BTC or owners can withdraw in Fiat cash.

Sending funds digitally to anyone on the planet with an internet connection, instantly, has a massive global appeal. The fact that it has such scalability and does not require any third party interruptions from banks has helped BTC popularity soar.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Although the esteem of Cryptocurrencies continues to grow in public interest, that doesn’t mean it is 100% stable. Cryptocurrencies do carry a volatility factor.

So how can profits be made on Bitcoin volatility without necessarily holding?

The answer lies with – trading digital assets.

Many existing online brokers offer leveraged trading on a range of digital assets such as Bitcoin where traders can long and short BTC against USD and an array of other pairs.

If you have invested in cryptocurrencies such as Bitcoin and you fear a price dip, then fear not as there is a solution. The solution would lie in going short on a trading platform. Going short as in opening a ‘sell’ trade so you, as a trader, can benefit from a downward price movement.

Equally, if you feel that the market will take an upturn, you can deposit into a trading platform using BTC and ‘go long’ on BTC and watch your investment grow and your account balance bulge. By submitting a ‘buy’ trade using high leverage, you can not only watch your trading account balance grow but your ROI will be most pleasing.

Don’t just HODL, LODL. 

Leveraged trading can really help to maximize your personal BTC growth, especially when using platforms that facilitate BTC as a primary deposit and withdrawal option.

Prospective BTC traders should consider a broker that offers pristine trading conditions, leverage options, tight spreads and access to a 24/7 support team.

CryptoRocket offers the right trading environment for BTC traders. They offer over 30 Cryptocurrency pairs with a max leverage of 1:100. Deposit in BTC today and HODL in a BIT vault or protect your investment by storing funds in USD, GBP or EUR.

Before diving into BTC trading, it is advisable to conduct some research into the markets first. The recent outbreak of Coronavirus has helped BTC gain momentum as freedom of movement is restricted and fiat currencies suffer. Although this is front-page news, there are global events that aren’t always as obvious as such a headline. Meaning it is vital to read and research before entering markets to be prepared.

To protect an open position, trading platforms such as MT4 carry features such as ‘’Take Profit’’ and ‘’Stop Loss’’.

‘Take profit’ is a great feature when setting yourself a target profit. Traders enter the amount they would be happy to take and the system will auto close the position, meaning if you feel a market upward movement, traders can walk away from the trade and let the platform do the rest. The target profit will literally take the profit a trader tells it to when triggered.

‘Stop-loss’ features work in the same way in that you can enter an amount you would be willing to lose without worrying about waking up to a completely depleted account balance.

Using a range of research and analysis materials as well as broker platform features to protect investments, you should be fully equipped to tackle digital asset trading head-on.

Join https://www.cryptorocket.com/ and start trading Bitcoin from as little as $10.00.

Good luck!

 
Image by PIRO4D from Pixabay
TweetShare13
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

ethereum showtime alt season

Alt Season 2.0: Analyst Claims It’s “Showtime” For Ethereum

1 hour ago
Blockchain is Finally Becoming What Was Promised

Blockchain is Finally Becoming What Was Promised

4 hours ago
Chainlink Paints Golden Cross as BlockFi Announces LINK Support

Chainlink Paints Golden Cross as BlockFi Announces LINK Support

8 hours ago
Web Developer Claims Ripple Allegedly Sued Him Over Fidget Spinners

Web Developer Claims Ripple Allegedly Sued Him Over Fidget Spinners

9 hours ago
Binance, Binance Coin, Binance Smart Chain, BNBUSD, BNBBTC, BNBUSDT, BNB

Binance Coin (BNB) Bull Run: Analyst Makes Bold Case for $500

10 hours ago
Rare Homer Simpson Pepe NFT Sells For $312k

Rare Homer Simpson Pepe NFT Sells For $312k

12 hours ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal

March 2, 2021

Easyfi Network introduces Staked Derivative Assets Money Markets on Layer 2 DeFi

March 1, 2021

Seascape Network Officially Debuts on Binance Smart Chain

March 1, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Buy Silver

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.