Basic for Beginners in selling Bitcoin

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Basic for Beginners in Selling Bitcoin
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Index

• Basic for Beginners in Selling Bitcoin
• Rules for Beginners to Make Maximum Profit
• Is Selling Bitcoin Profitable?
• 1. Arbitrage Opportunities
• 2. Price and Bitcoin Demand Relationship
• 3. Free Leverage
• 4. Bitcoin is Minimal

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Basic for Beginners in Selling Bitcoin

• Cryptocurrency prices tend to rise and fall
  dramatically on each trading day this among the
  significant risks to bitcoin.
• Below are some essential rules for beginners to
  make maximum profit from bitcoin trading.

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Rules for Beginners to Make Maximum Profit

• 1. Understand the market is a diverse and
  continuous process which requires a lot of
  patience, discipline, effort and concentration.
• Hence it is essential to do research and be
  updated on the current trends.
• 2. It will be very wise of you to spread your
  risks, Break your capital into smaller amounts
  for various and varied positions at different
  price levels.

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• 3. Capitalize on the available and present
  technology for maximum profit gain.
• 4. The bitcoin market still experiences the high
  levels of uncertainties, and because of this, you
  should be careful enough not to invest money that
  might change your life drastically if you lose
  the money.

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• 5. Investors in the bitcoins should know that
  both winning and losing is part and parcel of the
  trading business.
• It is the overall cumulative gain that
  matters.
• 6. Know the right time to cash in. Staying
  unemotional, focused and professional is crucial.

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Is Selling Bitcoin Profitable?

• It is a fact that you can make tones of money
  trading bitcoins, the following are among the
  significant reasons why bitcoins trading is a
  lucrative business.

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1. Arbitrage Opportunities

• Unlike the traditional forex market a lot of
  investors us, bitcoin market is relatively new
  and not as efficient.
• Hence there is a more significant opportunity to
  arbitrage between different exchange rates,
  currency pairs, etc.

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2. Price and Bitcoin Demand Relationship

• If you expect an increase in the number of people
  expected transacts bitcoins, this implies that
  you would make more profit by buying bitcoins at
  the end.

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3. Free Leverage

• The volatility of bitcoins enables free
  leverage.
• Bitcoin has between 7 to 19 times leverage of EUR
  USD this is a very desirable characteristic of
  bitcoin despite the risks to bitcoin that might
  be involved.

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Bitcoin is Minimal

• Bitcoin is minimally related to other assets.
  Bitcoin trading volatility and prices, when
  compared to EUR USD, establishes no correlation
  between the two.
• There are also reports indicating uncorrelation
  any other form of currency.

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Thank You