How to Trade Bitcoin and Other Cryptocurrencies Like the Pros Do

Bitcoin is the first and most popular cryptocurrency. It was created in 2009 by an unknown person or group of people using the alias Satoshi Nakamoto. Transactions are recorded on a blockchain, which is a continuously growing list of records, called blocks, that are linked and secured using cryptography. Records are not stored centrally on one computer but instead bitcoin miners have to work together to catalogue transactions across the entire network.

The price of Bitcoin has boomed and bust since its release in 2009. In December 2017, the price of Bitcoin reached $19,000 per coin and it is currently trading at around $6,000 per coin. The volatility of Bitcoin has caused many business to get involved in the cryptocurrency market.