Bitcoin trading is proving very popular among traders all over the world also because of its ease of use and the profits it is able to generate.
We have decided to intensify our coverage of the Bitcoin world, for three simple reasons:
We believe it is the investment of the new generation
The price is expected to rise in the future
You can trade with Bitcoin like any other CFD
Therefore, we think it is right to intensify the writing of informative articles on Bitcoin, the currency that has become by law the means to exchange value in an efficient, anonymous and secure way among the inhabitants of the Digital Culture, which we can affirm are practically every single inhabitant of the planet earth, excluding those who are probably too old to use a computer.
The growth prospects are undoubtedly huge. Bitcoin is the internet currency, and the technology behind Bitcoin, the Blockchain, is considered as the future of financial transactions, and the largest investment banks, Hedge Funds, and companies known as VISA, are already working to implement immediately these technologies in their products. Not only do we think that Bitcoin is the future of payments and transactions between network users, but also the big corporations that are rushing to adopt Bitcoin technology as soon as possible. More and more online stores are starting to accept Bitcoin as a payment method, to name just a few: Virgin, Reddit and Wordpress.com. Other larger companies, and perhaps older and less "revolutionary", have not yet adopted Bitcoin among their payment systems, most likely because they have yet to touch the potential of trading with Bitcoins.
In this world, in fact, everything changes at the speed of light. Also the price. It is not in fact great news that the price of Bitcoin dangerously fluctuates by hundreds of dollars a month, but it is however much appreciated by both traders and classic investors.
If you intend to get closer to the world of trading, and investment, the Bitcoin train passes only once, and it could be the right opportunity to mount on this train, which offers low prices and great possibilities for growth. But first we can not talk about how to exploit all these possibilities without mentioning the magical world of Bitcoin and its history during these years. The story is very short, since it was born only a few years ago.
The story of Bitcoin, is there any trust?
To better understand if an investment market is feasible or not, it is necessary first of all to retrace its history. The History of Bitcoin is linked and will be inextricably linked to the mysterious figure of Satoshi Nakamoto, which is obviously a fictitious name (as blame, after all by publishing the technology that would allow the world to exchange money, and therefore value almost anonymously, what better way than to do it anonymously?) mysterious figure that in 2008 published on the web a document entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" (Bitcoin: a p2p electronic money system ".
In 2008 Satoshi therefore invents a completely decentralized monetary system that does not refer to a central figure for the issue of money or the validation of transactions. The key innovation of this system is the so-called "Proof-Of-Work" algorithm, a system that allows a distribution of the calculation system, which "elects" and verifies in a global manner all the transactions that are made in the list of global movements of Bitcoin , or the Blockchain (chain of blocks). In this "chain of blocks" are contained all the transactions made from the first day until today, download all the blockchain with the transactions (which are strictly public) will require several tens of gigabytes.
How to invest in Bitcoin?
There are essentially two ways to invest Bitcoins
Buy some and wait or ...
Investing in Bitcoin CFDs through one of the many brokers offering this type of investment. Thanks to the bitcoin CFD trading, you can both buy and sell Bitcoins, in complete simplicity and security, with very low spreads and with all the speed of online trading.
For example Plus500 allows you to invest and trade on BitCoin and Litecoin, click here to learn more.
Buying Bitcoins "normally", in fact, is much more risky and expensive, as it will be necessary to look for exchanges that offer the purchase of Bitcoin for Euro. There are many, almost no one is regulated CONSOB, and all have very high commissions.
Trading with Bitcoins through CFDs (Contracts for Difference) you can first of all trade with a broker that is first of all regulated by Consob and Cysec, and allows the use of leverage, an excellent tool that if used correctly, allows you to trade even those people who do not intend to invest large sums of money.
Why invest in Bitcoin?
As you have well understood, Bitcoin is the internet currency, the currency of the future that is already in the future and is destined to revolutionize the world of online payments. A world where everyone can be their bank and can send fast and easy payments from their Bitcoin portfolio to other portfolios. A currency without central entities, present in a fixed quantity (21 million) and therefore not affected by problems such as inflation, deflation or other problems that have literally "invented" the Central Banks, which will inevitably be "overturned" by this revolution of digital culture .
Bitcoin represents decades of research in the world of cryptography and distributed systems, which nowadays, it would seem crazy to not invest in this market that is increasingly flourishing and sought after by all the major companies in the world.
As long as the price continues to be so low, we believe that the investment in Bitcoin will allow our hundreds of thousands of readers big profits, with minimal effort. You can take advantage of the volatility of Bitcoin to invest through investments such as scalping, or you can choose to invest long term buying and reselling when the market will rise to the desired percentage, or you can also sell when the price of Bitcoin will be close to a resistance. In short, Bitcoin is perfect for trading CFDs in any situation, simply choose one of the many offers from our partner brokers, and starting today to trade with the best conditions.
