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Basic for Beginners in selling Bitcoin

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Cryptocurrency prices tend to rise and fall dramatically on each trading day this among the significant risks to bitcoin. Some essential rules for beginners to make maximum profit from bitcoin trading. – PowerPoint PPT presentation

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Title: Basic for Beginners in selling Bitcoin


1
Basic for Beginners in Selling Bitcoin
2
Index
  • Basic for Beginners in Selling Bitcoin
  • Rules for Beginners to Make Maximum Profit
  • Is Selling Bitcoin Profitable?
  • 1. Arbitrage Opportunities
  • 2. Price and Bitcoin Demand Relationship
  • 3. Free Leverage
  • 4. Bitcoin is Minimal

3
Basic for Beginners in Selling Bitcoin
  • Cryptocurrency prices tend to rise and fall
    dramatically on each trading day this among the
    significant risks to bitcoin.
  • Below are some essential rules for beginners to
    make maximum profit from bitcoin trading.

4
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5
Rules for Beginners to Make Maximum Profit
  • 1. Understand the market is a diverse and
    continuous process which requires a lot of
    patience, discipline, effort and concentration.
  • Hence it is essential to do research and be
    updated on the current trends.
  • 2. It will be very wise of you to spread your
    risks, Break your capital into smaller amounts
    for various and varied positions at different
    price levels.

6
  • 3. Capitalize on the available and present
    technology for maximum profit gain.
  • 4. The bitcoin market still experiences the high
    levels of uncertainties, and because of this, you
    should be careful enough not to invest money that
    might change your life drastically if you lose
    the money.

7
  • 5. Investors in the bitcoins should know that
    both winning and losing is part and parcel of the
    trading business.
  • It is the overall cumulative gain that
    matters.
  • 6. Know the right time to cash in. Staying
    unemotional, focused and professional is crucial.

8
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9
Is Selling Bitcoin Profitable?
  • It is a fact that you can make tones of money
    trading bitcoins, the following are among the
    significant reasons why bitcoins trading is a
    lucrative business.

10
1. Arbitrage Opportunities
  • Unlike the traditional forex market a lot of
    investors us, bitcoin market is relatively new
    and not as efficient.
  • Hence there is a more significant opportunity to
    arbitrage between different exchange rates,
    currency pairs, etc.

11
2. Price and Bitcoin Demand Relationship
  • If you expect an increase in the number of people
    expected transacts bitcoins, this implies that
    you would make more profit by buying bitcoins at
    the end.

12
3. Free Leverage
  • The volatility of bitcoins enables free
    leverage.
  • Bitcoin has between 7 to 19 times leverage of EUR
    USD this is a very desirable characteristic of
    bitcoin despite the risks to bitcoin that might
    be involved.

13
Bitcoin is Minimal
  • Bitcoin is minimally related to other assets.
    Bitcoin trading volatility and prices, when
    compared to EUR USD, establishes no correlation
    between the two.
  • There are also reports indicating uncorrelation
    any other form of currency.

14
Thank You
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