***Bitcoin trading steps and alternative encrypted currencies***

No doubt I've heard a lot about the investment and trading of Bitcoin so far, and you may have heard that the encrypted currency market is volatile, but what you do not know it could make a big profit for those who understand the risks associated with it.

Before you consider investing in encrypted currency, you must first know what currency is encrypted? How can real income be generated from them?

Encrypted currencies, such as "Bitcoin", are virtual currencies that do not have a serial number and are not under the control of any financial institution in the world, but are handled only through the Internet without physical presence.

In addition to being an asset that can be traded on exchanges such as stocks and bonds, the currency has become a means of payment for some retail companies and a means to transfer funds without the need for a third party.

The launch of the world's first digital coin, the "Bitcoin", was launched in 2009. The digital coins have been on the head and have been a lot of criticism in the past years, but here today, it is taking a distinctive place in all world economic forums, suggesting a change in the realities of the financial sector.

We can consider 2017 to be exceptional by all measures, and it deserves to be the general merit of the revival of the digital coins. There has been a strong tendency for banks to enter these currencies under their umbrella after having achieved record success.

The currency of the Bitcoin attracted millions of investors from all over the world, making amazing profits faster than any other asset in history,
And some still see it as highly vulnerable and volatile, the digital currency trading market is subject to huge fluctuations, and therefore not suitable for all investors.

How to invest in Bitcoin?

Since the mining process has become very difficult and requires large capital, the circulation of the Bitcoin and other alternative currencies is a great opportunity to invest, and can return to the owner of profitable profits, and in the world there are people who have already become very great wealth.

The bets and currency markets have rebounded recently thanks to record highs such as "Bitcoin" and "Ethereum" and the total value of the digital currency market last month jumped to more than $ 270 billion, according to Bloomberg.

Bitcoin Trading

To start trading Bitcoin, there are two main steps:

Step 1 :

You must have at least one bitcoin. There are many intermediaries where you can buy bitcoin or any other currency and pay them by dollar or euro. At first, it is recommended to buy a bitcoin.

Note: It is not necessary to purchase 1 full Bitcoin (the current price of the bitcoin exceeds the $ 18,000 barrier),But you can buy fractions or parts of it, for example 0.5 or 0.01 Bitcoin, no problem. Where the parts of the Bitcoin are called "Satoshi" (500 thousand Satoshi equals 0.005 BTC).

With a little Bitcoin you can trade on all other digital currencies.

Step 2 :

You need to take the bitcoin from the broker or the person who will send it to your wallet address or directly to your bitcoin address on the trading platform where you will be trading on various alternative currencies.

Before you can actually start trading Bitcoin and alternative currencies, here are 10 important tips:

First:

Start investing by your financial abilities. It is best not to venture or borrow money for trading, since it can be difficult to repay.

Second:

Draw the path of success through specific trading goals such as follow-up currencies and know the best buy price and the best selling price in the short and long term with an attempt to search for articles related to this currency in the near and long term.

Third:

Avoid worrying and rushing to make your decision in every deal. Now losing trades may be successful in the future and vice versa.

Fourthly:

Do not trust the false news about currencies, which often come from some investors in the talks from within some platforms or from some people in communication sites who do not know their actual experience in this area.

Fifth:

Do not rely on guessing or luck, the investor or successful trader always looking for information wherever it is, to benefit from it.

Sixth:

Learn from your mistakes because you will not be able to develop your business without learning from every mistake I have made before.

Seventh:

Learn to analyze data, prices and news yourself.

Eighth:

You must love and believe strongly in this field, and do not consider it a field of quick profit, but a field for prospects of future success.

Ninth:

Teach yourself on the one hand and learn from the experiences of others on the other.

Tenth:

Do not make trading your concern because doing other leisure activities is an opportunity to review your trading strategy.