Cryptocurrency trading is a unique platform for trading cryptocurrencies against each other just like one would do for forex trading it dependent on one’s ability to predict trends and price shift. The major advantage that bitcoin trading has over regular stock and forex trading is that fact that prices are extremely volatile hence there are multiple opportunities for profit in just the course of a day.

While long term traders prefer to hold their bitcoin positions for extended periods of time, day traders have discovered that Bitcoin is lucrative for many reasons :

  • Crypto trading is more volatile than stock trading.
  • Cryptocurrencies are traded 24 hours per day 7 days a week.
  • Cryptocurrencies allows for big trades with low overhead.
  • Bitcoin are the most liquid form of cryptocurrency.
  • Multiple trading opportunities will emerge within a 24 hour period.