How do you get the most out of Bitcoin price variances?

You have two options:

Invest in bitcoin

bitcoin trading

They are not the same. In fact, they are two very different alternatives. I explain them to you:

1. buy bitcoin

Build a token bridge It consists of you buying bitcoin to keep it . It is not to speculate, it is to have money for the future. A money protected from the corrupt hands of Big Brother, bully and confiscatory that surrounds us.

Logically, you would invest with the idea that your money will grow because you will be aiming for a long-term upward trend , but it does not matter too much if a specific year the price of your bitcoins is above or below that of the previous year.

In this case, you will want to buy with the intention of accumulating . But you will not be particularly interested in selling when the price rises.

Here, the logical and efficient thing is to take advantage of the contacts with the relevant supports to accumulate bitcoin . More strongly the lower the price falls. It has no mystery .

As a gift , I leave you the relevant marked supports of bitcoin (in euros). As you can see on the chart, the next one is at €30,890, the next one at €25,346, etc. You can see the full chart with all the tools in Trading View

BTC Today

Can you go down more?

Of course.

But, as an investor , you don't care; you even like it: because you know that the bottom trend is bullish and because that gives you opportunities to accumulate more and at a better price .

2.Bitcoin trading

You can even make money on the downside by shorting .

But beware, trading, even with cryptocurrencies, is not a game and you must train to do it effectively and profitably. Anything else will only lead to you wasting time and money in indecent amounts. The money can be recovered, but the lost time cannot, and that is very frustrating.

Therefore, if you want to learn how to do it correctly and not get discouraged along the way, contact us and we will tell you how we can help you achieve it.

If you want bitcoin buy and sell signals , I'm not going to give them to you in a blog post, because that's not their mission. But you will find them in the Trading Circle , where we constantly trade cryptocurrencies (and stocks and other products, of course).

Where is bitcoin bought? How do I buy bitcoin?

In order to invest in bitcoin , it is crucial that you trade with a trustworthy exchange and in any case quickly move your bitcoins into cold storage. Personally, I think that a good paper wallet or a cold wallet is the most efficient and secure solution.

On the other hand, for short-term bitcoin trading , especially for short (bearish) positions, it is almost more comfortable to operate with a good CFD broker , such as this broker, which has been working very well lately .

1. Which exchange to use to buy bitcoin:

When it comes to buying bitcoin, we have a multitude of options and we must choose between them based on several factors:

Privacy

Security

Ease of withdrawal

ease of use

Some of the best known are Binance, Coinbase, KuCoin and Kraken. The important point is that being one of the most powerful, the security level is very high, and we have an extra guarantee against possible hacks.

The "negative" part of the fact that they are the best known and most used exchanges is that the regulations reach them much earlier or they are the most direct focus of control by regulatory institutions (which could be replaced by "vigilance" or "robbery" if those terms exist). So we will have to go through extensive KYC processes to identify the origin of all our funds.

Now that you have some references regarding the exchanges, you must choose which one you like the most. Although there are always particularities that differentiate them, the basic operation is very similar to each other. It is advisable to use at least two different ones, to diversify the risk in this case.

2. Brokers to buy bitcoin:

In order to speculate on the movement of bitcoin, the easiest thing to do is to use a good CFD broker , which, as I mentioned before, is the easiest way if what we also want is to open bearish positions. And it is that no trading operation is complete if you do not have the possibility of carrying out these strategies.

In this table you will be able to choose a trusted broker, which will allow you to have exposure to the price variations of the most well-known cryptocurrencies, you will be able to open long and short operations, and all this in a simple way.

Tips on investing in bitcoin:

When an investor considers starting to invest in bitcoin or cryptocurrencies, Build a cross chain bridge the first thing they usually feel is fear and the vast majority of them never invest. Normally this happens as a result of ignorance or lack of knowledge about the subject.

Even if your intention is not trading and you are only focused on investing in bitcoin, the ideal is that you educate yourself.

In the end, there is no abysmal difference between investing in bitcoin and other types of currencies. Bitcoin appreciates and that's when you sell. However, if everything were like this, the vast majority of operators would be millionaires. You have to know when, since its value can be highly altered from one day to the next.