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Hey guys in this post i am going to tell you about an amazing strategy by which you can trade bitcoins and be safe for most of the part. So lets begin -
- Before buying the bitcoins be familiar with the price of bitcoin falling and rising for 2-3 days so that you can judge when the price is comparatively low. You can use this android app for that Download from Playstore
- Now after that purchase bitcoins for an amount that you can completely loose considering the worst case scenario. I use Unocoin
- Now keep track of the price of bitcoin and as soon as the price increases from your buying price, sell only that much bitcoins which recovers you your buying cost and let the rest of the bitcoins be in your wallet so that you can later withdraw them when the prices are high.