HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%
MultiBank Group information and reviews
MultiBank Group
84%

How to Trade Cryptocurrency Like a Boss


In 2009, bitcoin was relatively worthless, and as such, nobody was interested in knowing how to trade bitcoin. But a decade down memory lane, cryptocurrency is on everyone's lips. Individuals, merchants, governments, and institutions now accept bitcoin in one way or the other.

Why does everyone want to know how to trade bitcoin? The answer is simple; bitcoin is the most valued cryptocurrency in the cryptocurrency market. Also, bitcoin is one of the best investments anyone can try his hands at the moment. In the past decade, the digital coin has made various people become millionaires and still raising more today.

Diversifying your investment portfolio by adding bitcoin is the wisest decision anyone can make. Apart from being somehow insured against inflation, its acceptability globally is on the rise. Besides, experts are postulating that the value could rise to $100,000 in the nearest future

How to trade bitcoin like a professional investor


There are several ways to trade bitcoin and earn decent profits, as well as minimize losses. If you are still confused about how to trade bitcoin, this article will guide you on what to do. For you to succeed trading bitcoin, you need first to understand that bitcoin investment is a real business, and you need to treat it as such. To reduce losses and increase your chances of making more profits, here are some principles you must adhere to:

Where to trade bitcoin


You can trade bitcoin in different places or platforms. However, let’s quickly talk about a few of the places where you can buy bitcoin. Everything is not just knowing about how to trade bitcoin; it also involves knowing where to trade bitcoin, including others listed on the cryptocurrency market.

Crypto exchanges


Bitcoin trading takes place majorly on crypto exchanges. A cryptocurrency exchange is a platform where customers can trade digital currencies for other assets, such as other crypto or fiat money. To buy bitcoins on a crypto exchange, you have to follow the steps below:

You still don’t know how to trade bitcoin? Don’t worry; there are other efficient ways to buy bitcoins. Below are other methods you can use.

Trade bitcoin on Telegram groups


Trading bitcoin on Telegram groups is becoming relatively fashionable these days. This is more prone to fraud, compared to the use of cryptocurrency exchanges. However, to reduce fraud, some safety measures are put in place by the Admin of the various groups.

To buy bitcoins on Telegram, take the following steps:

Always ensure you do proper research on each Telegram group before using them.

Trade bitcoin via CFDs


In case you still wish to know more about how to trade bitcoin, let’s quickly examine the third method. A CFD helps you in trading a contract based on prices in the underlying market. To be able to trade, you have to deposit small initial payments and still gain the exposure of a position that is larger. With this, you have the chance to make a higher profit. However, it can also make you lose big.

There is no direct interaction between you and a crypto exchange when trading bitcoin CFDs. You make use of the buy and sell prices available on this platform. The brokers negotiate those buy prices on your behalf.

Why getting bitcoin via CFDs might be a suitable option

Getting your bitcoin via CFDs has numerous advantages. Some of the reasons to adopt this strategy include:

101Investing can be the perfect place for trading bitcoin via CFDs for you


101Investing is a regulated broker, licensed to provide CFD services. In case you would like to start investing in bitcoin or wish to grow your bitcoin investment, we provide you a conducive environment to do so. We pride ourselves as one of the leading CFD service providers in the cryptocurrency market. If you haven't used our platform in the past, we encourage you to give us a try today. Why should you use our platform? The following are some of the reasons why we are rated among the best:

How to start trading with us


You may not know everything about how to trade CFDS on bitcoin, but with our support team, you are covered. To start trading on this platform, you need to take just a few steps:

Conclusion


Bitcoin investment is a serious business that every investor who wishes to grow his financial portfolio must know about. Learning how to trade CFDs on bitcoin is not rocket science; you only need the right information regarding the ideal broker, the performance of the cryptocurrency market, and the best time to buy CFDs on bitcoins.

Taking advantage of this platform will help you achieve your dream without stress. Everything you need to become a confident CFD trader is available. Our trained professionals will support you all the way.


RELATED

The Top 10 Forex Brokers With Tightest Spreads

One of the main rules of money management in Forex lies in taking the broadness of the spread into account when executing trades. Low spreads in Forex means...

Bitcoin Investment: A Guide To Trade Bitcoin

As you may already know, cryptocurrency, especially bitcoin, is the most traded financial instruments in recent history. Bitcoin is a popular digital currency among...

Forex vs. Crypto Trading: Navigating the Complexities and Nuances of Two Diverse Markets

In the high-stakes world of trading, investors are constantly evaluating their options. Forex and cryptocurrency trading are two of the most prevalent choices, each presenting its unique set of opportunities and challenges...

What Is A Crypto Faucet And How Does It Work?

Bitcoin, Ethereum, and other cryptocurrencies are the talk of finance once again, and everyone wants to own a piece of the action. But as prices of Bitcoin...

USDT vs USDC: Which one is the Better Investment?

When you start trading crypto, you often hear the term “stablecoin.” Furthermore, you will learn that there is more than one out there, but the two biggest ones to consider will be USDT vs USDC...

What Makes Bitcoin Unique and How Is Bitcoin Traded?

Bitcoin is a global digital currency based on distributed computing instead of gold and banks. At the time of this writing, Bitcoin is the world's largest digital currency...

Trading Bitcoin and Ethereum on Forex

The sharp rise in the price of Bitcoin has led many Forex traders to try to trade in Bitcoin and other altcoins. Indeed, if there is a financial asset that demonstrates...

The Importance of Having a Forex Trading Plan

When approaching a field like forex trading where personal decisions translate into profits or losses, having a well-outlined and easy-to-follow plan can make the difference between success and failure...

What Are Bitcoin Options? Bitcoin Options Vs Bitcoin CFDs

Everywhere you turn in financial sector, the focus is on Bitcoin and cryptocurrencies. Businesses are now adopting blockchain or supporting digital currency for payments...

How to Trade Indices? A Useful Guide

To begin with, indices are a way to measure the performance of a specific group of assets, like stocks, including their prices. Famous indices are basically...

Equity Investments: $5 to $96000000000

Stocks of the world's largest corporations, such as IBM, JP Morgan Chase, Coca-Cola, Mastercard, McDonalds, Microsoft, Twitter, UBER, eBay, Alibaba, Deutsche Bank...

Unlocking the Potential of Asset-Backed Cryptocurrencies: An In-Depth Exploration

Imagine blending age-old investment wisdom with the groundbreaking digital currency sphere. The infusion of the US dollar into blockchain technology, or endowing cryptocurrencies...

Why VPS is important to forex traders?

Forex traders operate in one of the world’s largest and most volatile financial markets. A daily trading volume of US$6.6 trillion makes the forex market the most traded market globally...

What Is A Crypto Airdrop And How Does It Work?

You might have heard about crypto token airdrops as a popular way to get free cryptocurrency with little to no effort involved. In most cases, the offer of something free...

How to make money on meme stock?

Meme stocks are shares that gained popularity and achieved a cult-like following on social media. As a result, private investors in online communities can create hype and influence the price of individual shares...

Litecoin Versus Ethereum And Where To Invest

A key difference in the makeup of these two coins is that Ethereum is built to be a platform for applications and other programs to work on - it is known as a decentralised...

What Is Fibonacci Retracement? Definition & How To Use It

Setting the support and resistance levels is usually a problem for traders. It is especially inconvenient when trying to figure out from the beginning where to place them on the chart...

Different ways of investing in gold in these modern times

Gold is a bright, yellow, malleable and ductile metal found in nature. It is usually found in rock veins, gold nuggets, grains, electrum or alluvial gold...

Bitcoin Trading Strategy Never Works

Bottom-picking is one of the most profitable plays you can make in trading cryptocurrencies. It's also one of the most difficult times to pull the trigger...

TOP 10 Effective & Profitable Forex Advisors in 2020

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies...

XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
Octa information and reviews
Octa
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.