DayTradeBitCoin.com Is For Sale
We were going to build out this website with a huge course on DayTrading BitCoin, but then we found this course below on Trading BitCoin Signals. They have built a MUCH better trading course and system than we ever could have!
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DAYTRADE BITCOIN
WELCOME TO DAYTRADE BITCOIN
DayTrading BitCoin has become one of the newest ways to make money with BitCoin, the most popular of the new Crypto-Currency that seems to be slowly taking over the world. BitCoin is now “fluid” enough to have enough buyers and sellers to make both sides of the market stable. Buyers and sellers take positions on both sides of the trade and one side is always making money when the price of BitCoin moves. This is the exact same way daytraders make money when trading the more well known stocks like Apple, Google, General Electric and other household name stocks.
BitCoin value moves up and down like other stocks. Many DayTraders use Candlestick Charts when trading BitCoin. Candlestick Charts date back thousands of years to when Japanese farmers used them to predict the yield on their farm’s crops. They were then used to track and predict everything else, and eventually found their way into the Stock Market. Candlestick Trading is more involved than we can get into here. For a great course on Stock Market Candlestick Trading please CLICK HERE.
The goal of many daytraders is to control 1000 shares of a stock and correctly pick the direction of just a 25 cent move. Just a 25 cent move on 1000 shares of stock generates a $250 profit before transaction fees. If they can do that 4 to 5 times a week they can make around $1000 a week. It would be ridiculous to think a normal person is going to control 1000 BitCoin. At the time of this writing BitCoin is valued at around $650. Not many people have $650,000 they can invest to control 1000 BitCoins. Luckily, they don’t have to. Traders can trade percentages of BitCoin, they don’t need a whole one. They just use their investing stake, say $1000, and buy however much BitCoin that will currently buy and trade with that. They also keep some of their investment in just cash so they can buy more if the value drops and they think it will go back up again.
Before anyone can start trading BitCoin they need a “wallet”. This wallet is how they amount of BitCoin they own is tracked. There are many places to get a BitCoin wallet but we have found that Coinbase has the features that we like the most.
With your Coinbase BitCoin wallet you will be able to buy BitCoin using funds from your bank account, credit and debit cards. You will also be able to sell your BitCoin and transfer the money from your sale back to your bank account and even your PayPal account if you want to link your PayPal account also. You will also be able to do all of the other things you will need to do: buy products with your BitCoin, transfer to other people and receive transfers from them. You will be able to setup an unlimited number of wallets in your Coinbase BitCoin account. You can use these separate wallets however you want.
One of the biggest benefits of opening an account with Coinbase is that they also control the Global Digital Asset Exchange (GDAX) website. The GDAX website is basically a trading platform to trade digital currencies like BitCoin and the up and coming Ether crypto currency. Your Coinbase account will be directly connected to your GDAX account allowing you to use the BitCoin and cash in your Coinbase account to trade on the GDAX.
This website does not offer and investment or financial advice. You may lose money by investing in BitCoin or any other financial investments. Please talk to a certified financial planner or your accountant before making any investments. This website is owned and operated by Graves Enterprises of Fort Myers, FL. Graves Enterprises may receive compensation if you click on any of the links contained on this website.