The first thing you need to do when you want to learn how to trade / trade Bitcoin is find out where you are going to do your trading. While this should be a decentralized, P2P currency, the reality is that it is currently impossible to trade at high frequencies without the help of a centralized server. This centralized server has been known as a point of weakness in the Bitcoin market as a whole, but improvements in the security sector have been gradually improved in various exchange exchanges over time.

If you intend to trade Bitcoin on a regular basis, then you must have several deposits in one or two Bitcoin exchanges. While the unique platform features and trading options will be the most important aspect of the exchange market on the market, the reality is that security is the most important feature when we trade Bitcoin in the stock exchange's hot wallet. Factors such as longevity, two-factor authentication, and proof-of-reserve will be the most important feature in choosing exchange exchanges as our trading place later.

Longevity and two authentication factors may be your main concern nowadays in various exchange exchanges, but proof-of-reserve is a new feature in Bitcoin exchange that must be viewed with great care. Bitcoin exchange exchanges that are able to prove that they actually own their Bitcoin, say they have a signing list of messages from Bitcoin addresses that contain a large amount of Bitcoin, so this should be able to calm some of your fears when you think that exchange exchanges run Ponzi schemes. Certain exchanges that offer proof-of-reserve, such as Krakendan Bitstamp, should be the main targer in your search list.
After you enroll in the Bitcoin exchange exchange and verify your account, you then start thinking about your own trading strategy. There are many traders who try to trade in the market every day, but the reality is that the buy and hold strategy is one of the great benefits of holders of Bitcoin in the past. You never know when a regulatory news from China or a new killer app that announces can cause prices to rise rapidly, so it's good for you to get rid of emotions and just do Bitcoin buyers at low prices. It will be a weekly trade for some traders.

Trying to trade Bitcoin without understanding why you're buying it can also be a big deal. Bitcoin is known for its 50% price reduction in one day, so you can not be tempted to get out of the market when something like this is happening. Trading Bitcoin without thinking that the price will eventually rise higher as price increases can be a big problem because of the fact that you might end up buying bitcoins at a high price and sell them at a low price.