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2 Important Things to Trade Bitcoin

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It has become one of the most popular financial investments of the 21st century. If you are a beginner than before you begin trading, you are going to need 2 Important Things to Trade Bitcoin. – PowerPoint PPT presentation

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Title: 2 Important Things to Trade Bitcoin


1
2 Important Things to Trade Bitcoin
2
Index
1. Bitcoin Trading 2. Two Important Things to
Trade Bitcoin 1. Digital Wallet to Store your
Bitcoin 2. Set up an Account with an
Exchange 3. Why Trade Bitcoin?
3
Bitcoin Trading
  • If you are new to this, you are probably a bit
    lost but dont worry.
  • Firstly, before you begin trading, you are going
    to need two things.
  • 1. Digital Wallet to Store your Bitcoin
  • 2. Set up an Account with an Exchange to Buy and
    Sell Bitcoin on.

4
2 Important Things to Trade Bitcoin
5
1. Digital Wallet to Store Bitcoin
  • There are various digital wallets out there that
    can store your bitcoin.
  • If you are wondering what is the best digital
    wallet to store your Bitcoin on, we have created
    a PPT to highlight the best digital wallets to
    store your Bitcoin on.

6
  • Also, using an exchange is the simplest way to
    gain access to buying and selling.
  • Ensure that you choose a reputable exchange for
    bitcoin trading such as Coinbase or CoinMama.

7
2. Set up an Account with an Exchange
  • Again, we have created a PPT highlighting the
    best exchanges to trade Bitcoin on.
  • Once your account is set up, you are good to go.
    However, it is essential to understand what you
    are buying and can you afford to buy.

8
  • With that said, its important to do your
    research.
  • Understand how the blockchain network works,
    Bitcoins future developments, how does it stand
    out from competitors, your future cash outlays
    your current financial position, your contractual
    financial obligations etc.
  • Its essential that you know what you own and why
    you own it.

9
  • Never get into an investment blindfolded.
  • Make rational decisions and ignore everyone
    rushing you into it.
  • Its important you separate emotion from logic
    when investing.

10
Why To Trade Bitcoin?
11
1. Bitcoin Is Global 2. Bitcoin Trades 24/7 3.
Bitcoin is Volatile 4. Quick Transactions 5.
Purchases Are Not Taxed 6. Low Transaction
Fees 7. Mobile Payments
12
Thank You
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