Topic: Trading Bitcions

  • Author
    Posts
  • #2776

    Mad Max
    Participant

    I have notice that Bitcoin is in a bullish trend for the last 6 months. Does anyone have experience with trading bitcions? Does anyone trade bitcion CFds?

  • #2810

    Khanh
    Keymaster

    Hi there MadMax,

    I own a few bitcoins myself. Its for a longterm investment.
    But right now it offers some really good trading oppertunites.
    The oil price and the chinese stock markets have influence now at the moment. If the chinese markets are going the bitcion usually go up. ( That’s what I have notice the last few weeks)
    I have been trading bitcoin cfds at Plus500.

    • This reply was modified 2 years, 6 months ago by  Khanh.
  • #2842

    johngordon
    Participant

    Frankly speaking, I put it as too risky to trade with BitCoins due to the unstable movement. I prefer simple way of working on currency with payment processor deposit options. I work with Vinson Financials and with them I always enjoy currency pairs since there is a huge list I can select from while they also have negative balance protection to make my job much easier and that’s where I like to stay away from BitCoins since it’s way too complicated.

    • #2885

      Khanh
      Keymaster

      Hi John Gordon,

      I have to disagree with you about #bitcoins, it’s not that difficult as it seems. There are many ways to trade bitcoins. At some brokers such as Plus500 and Markets.com they offer cfds on bitcoin.
      At the moment they are enough logical reasons of why Bitcoin will continue to go up in value. If you have invested in Bitcoin last year then you return would be around 80%-90% now. Just by owning the bitcoin.
      At plus500 they also have balance protection for trading cfds of bitcoins

    • #3610

      tracyneo
      Participant

      Wow!
      Great information! Thank you! Never heard about Plus500

  • #2894

    johngordon
    Participant

    Firstly Khanh thanks for the reply, I think you are right Bitcoins can be good investment just like that only, but again one needs better understanding for make it happen and unfortunately I believe at present I have pretty much no clue about it, although I know about the potential movement, but been in Forex I prefer to focus on simple thins instead of stuff like BitCoins, I am mostly used Skrill with Vinson Financials and sort of been comfortable at it, but again whatever you said is definitely something one should consider seriously.

  • #3017

    luckyhunter
    Participant

    I never tried trading bitcoin before. I usually trade forex. How to trade bitcoin? Is it same with trade on forex?
    Until now, i also still try to maximize broker facilities, including their promotion for trading in forex. New client in Freshfore can try to maximize no deposit bonus $1 000

  • #3467

    bennet-voerman
    Participant

    recently, Bitcoin has reached its never before market cap of $41 billion. (see Bitcoin price bursts sharply). Price rose significantly this year compared to the last and its making a huge impact in the financial world.

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