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If you are a beginner and you want to trade bitcoin, then you are on the right path. Bitcoin trading is a profitable business. Each time the price rises, new investors want their share of the profit and bitcoin is in virtually all countries i.e global,so it is easy to trade.
Bitcoin trading has very little barrier, if you already have bitcoins, you can start trading instantly.
Firstly, find an exchange. A trustworthy exchange is what you need. Carry out a research to find out the worthiness of any exchange you want to use. Below are a few reliable exchanges:
*Okcoin
*Coinbase
*Kraken
*Bitstamp
*Bitfinex (is the world’s #1 Bitcoin exchange in terms of USD trading volume)
What exactly is bitcoin trading? It is the buying and selling of the cryptocurrency called bitcoin.
You buy at a lower price and wait for a change in price when selling it will be profitable. But if the price goes down then you will be forced to sell at a loss. So therefore there's a risk in it too. Bitcoin traders take advantage of the swing in price. In a nutshell, a bitcoin trader can actually make a lot of profits if care is taken considering the fact that you must not put all your eggs in one basket.
So if you are considering trading any crypto, bitcoin should be your choice and i think this article should be of help. If you like my article, upvote, comment and resteem. Thanks Steemians.
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