Bitcoin trading the process by which we speculate on future price moves of this coin.
it’s not difficult to trade bitcoins. As with all other financial markets prices have rationalities of their own – controlled by good technical analysis – and the moves in the currencies themselves follow well understood “fundamentals” (total coin supply, technical details, development plans, mission statements, general speculation). To keep track of these moves websites and twitter are essential tools.
Defining a single “best” coin is difficult. There are over a thousand different offerings in the space, and the various prices assigned to them is more than simply a reflection of their popularity. Each token has a different total circulating supply meaning that any changes in market cap will affect them all differently.
Right now, the most popular crypto currency is Bitcoin. This might not be the case in a few years. There are many supposed weaknesses with the current scaling debate being the manifestation of one such issue. Other more modern efforts have focused on tackling problems perceived with the Bitcoin network, whilst some offer entirely new potential – the Ethereum network, for example.
