Trade long hours for multiple clients
Do not worry about your skills and spare time because we guarantee you will be in that position.
You can never expect better than this.
Trade exchange doesn’t have bad trading platform, but it is your opinion of the broker you work with. Be honest with yourself. Decide how much you like your broker.
Do not let the broker take advantage of you, your free trade offer and free automatic profit.
For all serious traders, let the market determine the price. Once the price starts to rise or fall, you know to buy or sell.
This strategy allows you to quickly profit from current trends and secure your future and that of your children.
Best Investment Ideas and Picks
Now how can you get the most benefit out of the strategy and how can you use it?
So let me give you the first and most important way to apply it;
What am I gonna trade?
I am going to trade bitcoin, but what other currencies and how?
What is bitcoin
Bitcoin is virtual currency that we use as a way of doing monetary transactions online. It is not issued by any government or any company. It is a decentralized digital currency. It is supposed to be just like cash. The value of bitcoin is dependent on supply and demand. Bitcoin mining is an industry that is based on transaction fees that are paid to the owner of the transaction. The mining is based on transactions that were previously issued. The fees get paid to the owner of the transaction for each transaction that takes place on the bitcoin network.
Bitcoins are sold for different denominations of the currency. They are also sold in bitcoins, a unit of currency equivalent to 1/10,000 of a bitcoin. There are now many companies that specialize in bitcoin mining. This has resulted in an ever-increasing supply. The bitcoin price is determined by the demand for bitcoins as well as the cost of production.
Bitcoin is one of the largest digital currencies and was created in 2009 by an anonymous person known as Satoshi Nakamoto. Other digital currencies that have a market capitalization that surpasses bitcoin’s are Litecoin and Ripple.
Bitcoin transaction fees are paid in exchange for being verified, hence, the name “proof of work.”
Why am I gonna buy and sell bitcoin?
When a transaction takes place, there are fees that must be paid in order to register that transaction on the network. These fees are referred to as mining fees. There are about 4 mining pools in the Bitcoin network. One of them is by far the largest. This is the bitcoin.com mining pool.
Let’s look at this mining pool and see what is happening there.
Bitcoin.com was created on 2013. On 2014, the bitcoin.com mining pool has 33.46% of all bitcoin hashrate in the network. It has the highest bitcoin hashrate in the network.
As you can see, it makes more sense to register the transaction in this mining pool. It offers significantly higher fees.
The profit from this scheme is $0.0016, which is about 0.0093% of 1 bitcoin. If your bitcoins market cap is below the initial cost of your bitcoins, the deal is win-win.
How am I gonna make bitcoin worth it?
Buying bitcoins with money is the easiest way.
If you want to trade bitcoin, you can only buy them with money. But how do you know when to buy and sell bitcoin? It is very easy to make that determination.
Let’s say you own 1000 bitcoins and you want to make 0.01 bitcoins ($25000). If the price of bitcoin is $2000, then it makes sense to sell all 1000 bitcoins and keep a 0.01 bitcoin profit.
There are multiple signs to detect bitcoin market cycles.
Bitcoin volume on charts
When bitcoin volume increases, then it indicates the market is in an uptrend.
The graph below shows the weekly bitcoin volume on some major exchanges.
Binance volume is a little higher than other exchanges. But you can see that Binance volume is consistently higher than other exchanges. This is one of the few places that I know of where volume is huge.
For the past month, Binance volume has been growing at a fast rate. It is only time for you to sell. It is the best place to sell bitcoin and buy more bitcoin.
IOTA volume is very high. It was until recently. But it is coming down rapidly as people start to trade with bitcoin again.
It is a good indicator of when to sell your bitcoin and buy more.
Bitcoin market cap vs. volume
When the bitcoin market cap is on the rise, then it indicates that the market is in an uptrend.
The graph below shows the bitcoin market cap and the volume on 7 days before it hit $20,000.
It’s crazy how the price came down so quickly. If you don’t want to be left with bitcoin under $1000, then sell. You can make a 0.10 bitcoin profit from the 0.01 bitcoin transaction.
But you might have noticed that there is no volume at all for the week before the Bitcoin market cap went down to $3,000.
It’s normal that at the end of the week, the market will be very low. It happens during every market cycle.
There’s a very high probability that the market will be low this time. If you want to trade bitcoin with other cryptocurrencies, then it is a good time to sell and buy bitcoin.
Bitcoin price vs. daily trading volume
Bitcoin price is highly volatile and may fluctuate wildly. It is best to buy when there is a lot of trading volume.
The graph below shows the daily volume on some exchanges and compared to the bitcoin price.
If the price is rising and the volume is falling, then it is a good time to buy. If the price is falling and the volume is increasing, then it is a good time to sell.
This is an indicator to buy bitcoin when the volume is on the rise.
Other indicators
There are many indicators that you can follow. Here are some of them:
Bitcoin price
Volume on charts
Bitcoin markets capitalization
Bitcoin market cap
Market capitalization ratio
Major exchanges capitalization
Bitcoin mining revenue
Bitcoin transaction fees
Technical indicators (hash rate, DMA, P/E ratio, etc)
You can research on the internet to discover more technical indicators.
Takeaway
I recommend that you read this article and apply it in your daily life.
There are tons of ways to trade bitcoin. It is only a matter of learning how. This is the best way to trade Bitcoin.
What is Bitcoin? How can you earn free Bitcoin? How does Bitcoin work? These are all things we typically ask when learning about this new type of currency. This post will answer all your questions regarding Bitcoin in detail, and also reveal the best places online to earn free Bitcoin. Now, I'm sure you're asking "Are these sites scammy?" And my answer would be no. Each website reviews real-world information about its platform. Most offer a range of different activities that can earn you bitcoin while promoting content on the site in return. So sit back, relax, and learn how to get your own free bitcoin!
How To Earn Bitcoin
You can start collecting bitcoins free of charge in a couple of ways:
Earn Bitcoin Fast Free Bitcoins During the Early Days of Bitcoin, many bitcoiners were only able to purchase the currency with P3D or Ponzi schemes. These are still around, but now it's much easier to get bitcoins from websites that offer them. Getting free bitcoins is incredibly easy and doesn't require you to do much at all. Just sign up on a few sites and start regularly visiting them. The sites I recommend will provide you with both long-term earnings potential and the option of earning free bitcoins immediately through affiliate marketing (more about this in a bit).
Here is a list of ways you can earn Bitcoin:
1. Daily Bitcoins: Daily Bitcoins is a site where you are able to claim up to 50 satoshis every 5 minutes. And if you invite your friends, they will give you 10% of what they make for a lifetime! So basically, this is one of the best sites where you can get free Bitcoin by doing absolutely nothing.
Earn Bitcoins by Completing Tasks and Surveys.
2. Bitfortip: Here's a website that I use quite frequently to earn some extra bitcoin. Basically, it allows people to ask questions about anything with tips in return. You can do a short task or survey and earn in return. This is one of the best ways to earn bitcoins for free online.
3. Coinworker: This site is similar to Bitfortip, but it's automated. Basically, you just have to enter your bitcoin address once more time after you complete each task. You can cash out your coins instantly after completing each task because there is a small delay before the site sends bitcoin for you on Faucet Hub. Coin-worker also has smaller tasks compared to bitfortip for an extra bonus! People are getting paid in seconds on this site right now!
That’s it for this article. I wish you luck in your trading.
If you enjoyed this post, you can follow me on social media.
Let me know in the comments which ways you would use to trade bitcoin.
