About Bitcoin trading..

[afez420 20]

This was extremely helpful. Will definitely check out binance and kraken as my first options to start my investing career.

[Syriana 350]

The beginnings of Bitcoin was an ordinary flag and had no value, it started with less than a dollar, then the matter developed and became increasing and growing until it became today more than 40 thousand US dollars and for this reason it poses a threat to the currencies of countries and tries to fight them, but it is more correct that these countries should join the cryptocurrencies and rely on Bitcoin because its price will rise unimaginably, and its success will bring about a revolution in the world of global finance, so if you intend to become rich, start working in this field and keep it for the future

[Zains031 426]

On 10/16/2020 at 7:42 AM, Dorjoy12 said:

Now a days bitcoin is one of the biggest issues in the world..  For this reason bitcoin  become a headache for all developing countries.. Because of  the price of Bitcoin that reached from the end of December 2016 to the middle of January 2017... We all know that  in 2018 the bitcoin price was raised around 20k usd..  And from that time bitcoin start to affect on every  one.. 

 

Why is the price of this bitcoin so restrained??

 

 Its main reason bitcoin is not a local currency...  It is not the single currency of any country... For this reason, no Country  has control on bitcoin.. It is a decentralized currency, which is traded using blockchain technology...  And this is the main reason why btc  prices are out of control... Though,  developed countries, especially the American regulatory authority SEC, have stepped in to regulate Bitcoin... Though,  i think  its not possible  but we can see what happen  in future.. 

 

Is Bitcoin Trading Legit?

 

Legality is necessary  to work on any major economic issue... In any country, if an organization wants to start work, it must first get legitimacy from the government in that country... For this reason before start  trading on bitcoin, we need to know is bitcoin legal in our country  or not?? You can search About   it in google that is your country accept  bitcoin or not.. Now one thing is if bitcoin trading is not legal in your country then  can't you trade bitcoin?? If bitcoin trading is not legal in your country, you will not be able to trade bitcoin, but that is not right...  We know that Forex is not yet legal in many countries, but dont those country  people do forex trading?? Ofcourse they do but here has one thing to say that there is a little bit of complication in the country that has imposed sanctions on the country that has given legitimacy...

If you are a citizen of a country where there are no barriers to bitcoin trading... And if your country’s  bitcoin trading exchange  site trying  to stole your money then your government  will take action  against  the exchange  site..  Its means there has no fear of lose money in those country where bitcoin trading  is legal..  But if you from those country where bitcoin trading is not legal and if your money get stole by any exchange  site then you cant do against them as your country dont support  bitcoin  trading.. Its means you need to do bitcoin trading by your own risk.. 

 

Where is Bitcoin traded? 

 

 At present, there has 31k plus exchange  site where you can do trade of bitcoin according  to the calculation  of coinmarketcap.. You can choose one or more exchange  site from those exchange  site.. .  But yes, don't forget the issue of trusted and secure....
From those exchange  site coinbase was best but it has lost  It's  popularity  due to lot of limitations.. At present, Chinese trading company Binance is at the top considering security, trading fees and trusts... Though  one and half year ago Bitrrex had taken the first position ..  Also there has lot of forex market where bitcoin can be traded..  But if you want to trade Only  crypto currency  then  it will be better for you to choice those site that has created  for crypto currency  trading..

 

How to create trading account?? 

 

Its not a hard thing  to open  trading account  for bitcoin  or crypto currency .. As you read my topic  for long time then, I will assume that you have a Facebook / Twitter account...And when you use a site like Facebook / Twitter, it is not a complicated matter for you to open an account on any site.... Like other sites, you will open an account here with your email, name, mobile number information... However, opening an account is not an important issue in the cryptocurrency market but after create a account  you must need to follow some rule.. 

 

What to do when opening a trading market account :

 

You may open  lot of website  account in your life but you dont  know that when did you open  those  account...
Maybe you can say About  the year but date?? By the way, i just did fun for explain  a thing seriously  and that is "Date".. No matter which cryptocurrency market you open an account to trade in, it is important to keep track of the activities that will take place from the time you open the account to the time you use it...

Example :The exact date, IP address, email, mobile number of the day you open the account.. You must write those activity  in a safe place.  After that, if you have submitted any documents to verify your account then you must write down the date when you submitted that document and also the date when it was verified...
To increase your account security, write down the date when you activated 2FA and the backup code that will be given to you when activating 2FA... Also sometimes you can take a screenshot of how much balance  has  in your account.. 

After reading so much, maybe you are wondering what I am saying!  Yes, if there is no problem in your account then there is no problem.  But God forbid you have to update any information due to a problem in your account... Suppose your email get deactivated  by Which  you made your  trading account.. Then you will need all the above information to recover the accounts that you have in the cryptocurrency exchange market...  If one of them is omitted, you will lose hope of getting your account back.  So it is your responsibility to take care of your own account...

 

Best of luck cryptotalk members 💕   

Really Thanks alot my dear friend for sharing this useful information with us... Because many of the newbies not know about this so then they read this posts so definitely the know about the bitcoin and also it's trading...

[Dorjoy12 8962]

On 2/27/2021 at 10:07 AM, Zains031 said:

Really Thanks alot my dear friend for sharing this useful information with us... Because many of the newbies not know about this so then they read this posts so definitely the know about the bitcoin and also it's trading...

This is true that there has lot of newbie member on crypto world who has less idea about bitcoin trading and this is why i have created this topic..  Also there has lot of fake exchange where has bitcoin withdraw high fee and this is why all the newbie should do transaction with carefully,,

[MrSpasybo 1049]

Thank you for the very complete article on Bitcoin trading. Currently in Vietnam, Bitcoin is still not considered money or a commodity. We are allowed to own and transact Bitcoin, not to use Bitcoin as a means of payment.
Usually I only trade altcoin/fiat because their bullish potential is bigger, the market wave is also bigger than BTC/fiat.

[Malik jnb 704]

Bitcoin is the king of all crypto curriences. Many currencies and coins depend on bitcoin. It's trading volume is very high. In my prediction bitcoin price will be reach at almost 100k in the end of 2021. It is the best time for investing.

[Nowrin A. 26]

Hello dear. Nowadays trending is getting popularity more. For trending using bitcoin is the best. We can get profit by bitcoin trending.

[Alan Johns 258]

Bitcoin is the most valued cryptocurrency and we can judge it by seeing its current rise due to increasing demands and acceptance from powerful business firms and many countries. It has been legalized in many countries and I think it is an asset for us to earn bigger profits. Bitcoin is an online asset and can't be cashed we should use trusted wallets to store our btc.

[Jam sidra 884]

You have given very good information and you have given a very big information This is a very good information, so I am thankful to you and I have read it completely but I have learned a lot if I have to hurry and I have learned a lot about bitcoin trading. By the way, there are many ways to trade between and there are many apps, but you have said very well Cryptocurrency is a very good currency in the market this time, but bitcoin is at the top. Bitcoin can make a poor man very quickly too because nowadays its rate is very high We need a big heart to trade from bitcoin And knowledge as well as experience 

[Dorjoy12 8962]

9 hours ago, Master6 said:

Thanks for the information you provided about the bitcoin training program and I am satisfied with the current profit so I can get your advice and follow the steps. Thank you for the information 

It is good that you have get benefited from my topic @Master6 .. But a thing you need to remember too that do not always stay with bitcoin because sometime altcoin give you much profit than the bitcoin ..  also be careful with the btc market movement as it can give you huge  profit .

[Sypher9 1162]

Well that's great information you came up with my friend @Dorjoy12 I actually spent some quality time reading and benefiting from your post and just to add on I think as technology keeps advancing while as crypto currency more especially bitcoins getting popular it's possible many countries will regulate it so that they can benefit too and collect taxes from those trading crypto.

[abohasnn9 2401]

My dear friend, Bitcoin is a wonderful currency for remote trading and storage in general, so my dear to everyone who needs to speculate with his bitcoin, this will not succeed at all because Bitcoin is a major investment currency and it is the main currency in which the blockchain financial system is linked. Thank you dear for this interesting topic and I  I advise everyone to take Bitcoin as an investment in the long run by trading and storing it within a special wallet, and in the long term you will definitely win with them. Thank you very much.

[Taj93 295]

Thank you my friend for this useful post, I completely trust the Bitcoin currency, in my opinion, it is the strongest currency in the currency market. I will strive to reach everything I want, good luck to all.

[Adam Stieve 18]

Today main way of earning is that you invest the amount on btc and after this you trading in btc. Day by day you see that you are rich. And your assest increase. I invest 100$ and earn 1000$ in one week.

[AMAN KHAN 579]

Dear as you said bitcoin trading is very profitable. But I wanna tell you that it's not like that everytime. Some times we face losses and these losses test our patience. If we posses patience then we can have profits soon.  So always be patient and then await for your profits in trading for bitcoin. 

[Danial john 0]

The world is moving today to a large extent to automate most of the processes that were traditionally done in the past, especially in the commercial, academic and other fields, and this requires the presence of a new type of currency and it should be safe, and this is what blockchain technology provides, Doing trading today using cryptocurrencies such as Bitcoin is profitable and it is good for people have good knowledge in this type of trading.

[Ashii 258]

Trading through bitcoin is much beneficial these days as it have a rising price in market. One needs to be experienced of trading to make a good benefit from it. A safe wallet also matters as BTC can be stolen if it's not secure.

[sikaup 0]

bitcoin is the grandmother of crypto, she is the first to appear and it is she who will always guide crypto, if it dies all trading dies