Bitcoin has become very popular in recent years. This is due to the significant increase in prices so that the potential profit in investing in digital currencies becomes large.
Its value tends to increase due to the lack of correlation between Bitcoin and other asset classes such as equity, bonds, gold, and real estate. In addition, another advantage offered by the most popular type of cryptocurrency is the ease with which money is exchanged quickly, efficiently, and cheaply.
To invest in Bitcoin or other types of cryptocurrency, we can make transactions at https://bitpium.com/.
Through this article I want to give a few basic tips and tricks that can be used to gain ADVANTAGES in trading Bitcoin. Bitcoin trading is very different from forex trading, from the terms of the trading method even though it’s different. From forex, we know two terms: Long and Short. Long is targeting rising prices to get profit and Short, which is targeting prices to go down to get profit.
Whereas in the Bitcoin trade it is much more like buying and selling goods online, namely the existence of BUY and SELL. BUY means that actually buying goods in the form of Bitcoin and SELL means actually selling goods in the form of Bitcoin. So the profit is simple, namely the selling price minus the purchase price. So there is no term Margin Call and PIP in the Bitcoin trade. The sale of profit or loss goods.
In trading Bitcoin we must have a goal so as not to be confused, because sometimes beginners especially Idealis Bitcoiner are often confused about having to collect Bitcoin or even pursue profit in selling Bitcoin. If you have decided to become a Bitcoin Trader then you have to bury your Idealist Bitcoiner soul deeply. Remember we are here collecting the difference between selling and buying not goods in the form of Bitcoin.