Bitcoin
BTC$70 181.59

-0.59%

Ethereum
ETH$3 549.53

-0.77%

Tether
USDT$1.000206

0.07%

Binance Coin
BNB$615.62

4.81%

Solana
SOL$185.71

0.24%

XRP
XRP$0.629847

1.42%

How to Trade Bitcoin Like a Boss


October 2020

In 2009, bitcoin was relatively worthless, and as such, nobody was interested in knowing how to trade bitcoin. But a decade down memory lane, cryptocurrency is on everyone's lips. Individuals, merchants, governments, and institutions now accept bitcoin in one way or the other.

Why does everyone want to know how to trade bitcoin? The answer is simple; bitcoin is the most valued cryptocurrency in the cryptocurrency market. Also, bitcoin is one of the best investments anyone can try his hands at the moment. In the past decade, the digital coin has made various people become millionaires and still raising more today.

Diversifying your investment portfolio by adding bitcoin is the wisest decision anyone can make. Apart from being somehow insured against inflation, its acceptability globally is on the rise. Besides, experts are postulating that the value could rise to $100,000 in the nearest future

How to trade bitcoin like a professional investor


There are several ways to trade bitcoin and earn decent profits, as well as minimize losses. If you are still confused about how to trade bitcoin, this article will guide you on what to do. For you to succeed trading bitcoin, you need first to understand that bitcoin investment is a real business, and you need to treat it as such. To reduce losses and increase your chances of making more profits, here are some principles you must adhere to:

Where to trade bitcoin


You can trade bitcoin in different places or platforms. However, let’s quickly talk about a few of the places where you can buy bitcoin. Everything is not just knowing about how to trade bitcoin; it also involves knowing where to trade bitcoin, including others listed on the cryptocurrency market.

Crypto exchanges


Bitcoin trading takes place majorly on crypto exchanges. A cryptocurrency exchange is a platform where customers can trade digital currencies for other assets, such as other crypto or fiat money. To buy bitcoins on a crypto exchange, you have to follow the steps below:

You still don’t know how to trade bitcoin? Don’t worry; there are other efficient ways to buy bitcoins. Below are other methods you can use.

Trade bitcoin on Telegram groups


Trading bitcoin on Telegram groups is becoming relatively fashionable these days. This is more prone to fraud, compared to the use of cryptocurrency exchanges. However, to reduce fraud, some safety measures are put in place by the Admin of the various groups.

To buy bitcoins on Telegram, take the following steps:

Always ensure you do proper research on each Telegram group before using them.

Trade bitcoin via CFDs


In case you still wish to know more about how to trade bitcoin, let’s quickly examine the third method. A CFD helps you in trading a contract based on prices in the underlying market. To be able to trade, you have to deposit small initial payments and still gain the exposure of a position that is larger. With this, you have the chance to make a higher profit. However, it can also make you lose big.

There is no direct interaction between you and a crypto exchange when trading bitcoin CFDs. You make use of the buy and sell prices available on this platform. The brokers negotiate those buy prices on your behalf.

Why getting bitcoin via CFDs might be a suitable option

Getting your bitcoin via CFDs has numerous advantages. Some of the reasons to adopt this strategy include:

101Investing can be the perfect place for trading bitcoin via CFDs for you


101Investing is a regulated broker, licensed to provide CFD services. In case you would like to start investing in bitcoin or wish to grow your bitcoin investment, we provide you a conducive environment to do so. We pride ourselves as one of the leading CFD service providers in the cryptocurrency market. If you haven't used our platform in the past, we encourage you to give us a try today. Why should you use our platform? The following are some of the reasons why we are rated among the best:

How to start trading with us


You may not know everything about how to trade CFDS on bitcoin, but with our support team, you are covered. To start trading on this platform, you need to take just a few steps:

Conclusion


Bitcoin investment is a serious business that every investor who wishes to grow his financial portfolio must know about. Learning how to trade CFDs on bitcoin is not rocket science; you only need the right information regarding the ideal broker, the performance of the cryptocurrency market, and the best time to buy CFDs on bitcoins.

Taking advantage of this platform will help you achieve your dream without stress. Everything you need to become a confident CFD trader is available. Our trained professionals will support you all the way.

Source

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 76.8% 42 $70 181.59 -0.59% 9.12% $1 380 285 312 968 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $3 549.53 -0.77% 4.33% $426 194 485 316 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000206 0.07% -0.01% $104 525 818 800 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 63.6% 80 $615.62 4.81% 8.81% $92 057 057 069 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 61.2% 88 $185.71 0.24% 7.54% $82 530 358 500 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 84% 28 $0.629847 1.42% 2.16% $34 568 671 339 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92% 2 $1.000077 0% 0% $32 492 648 969 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 66 $0.213858 -1.24% 37.38% $30 723 668 610 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 67.6% 66 $0.652274 0.14% 5.07% $23 210 538 187 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 60.4% 87 $53.79 -0.95% -1.78% $20 299 633 012 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.8% 94 $0.000031 -4.56% 14.80% $18 193 408 608 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 60.4% 86 $4.91 -0.70% 14.73% $17 036 072 542 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 73.6% 49 $9.56 -0.09% 5.57% $13 642 215 721 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 72.4% 57 $634.20 10.67% 56.80% $12 482 514 661 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 80% 42 $18.96 -3.16% 5.47% $11 130 742 548 LINK 7 days price change

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