Trading the Bitcoin Markets. If you want to make serious money with Bitcoin, then Day-trading the cryptocurrency markets are bar far the superior option. The cryptocurrency market operates almost in the same manner as the forex and stock markets. How to Make Money Trading Bitcoin Day 1 of 5 With the current good news surrounding widespread adoption of Bitcoin and the somewhat relaxation in volatility. I understand that there are a lot of new comers entering the Bitcoin community. Short-term trades and day trading can be a great way of making some money over a much shorter period of time. Day Trading: The goal of day trading is the same: Buy low, sell high. It just happens more frequently and with smaller increments. Since prices are updated every minute, there are lots of opportunities to make a substantial amount. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency. Minus the $8,000 in costs, you net $12,000 or 1.5x your initial investment. You spent 1 bitcoin ($8,000) and in 12 months time you now have 1.5 ($12,000). Value. The other way to make money with cryptocurrency is based off the value. Hello fellow Bitcoiners! And welcome back to day 2 of our 5 day journey through the basics of Bitcoin trading. Just in case you didn't see yesterday's post about charts, you can see it here.I highly suggest you read it because we will be building on top of what we learned yesterday.
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