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Everybody knows about Bitcoin in some shape or form. Considering that the coin only first surfaced on the mainstream markets in 2017, that is seriously impressive. There are very few technologies, let alone financial technologies, that become household names in general, let alone four to five years.
Bitcoin isn’t popular just because it’s worth a lot of money, though. Its value comes from how powerful the technology backing it is and what it means for the future of finance as we know it.
Bitcoin is the present, and it’s the future. If you’re not invested now, then you’re going to be left behind when that future comes around. There has never been a better opportunity to build something for yourself than there is now, so join Crypto CFD Trader and start building your future today.
Typically, trading Bitcoin requires a lot of work and preparation. Not only do beginners need to learn about economics and trading in general, but there’s the added issue of actually learning about Bitcoin and the technology behind it.
This serves as a massive blockade to the majority of potential traders. Why would anyone spend 100s of hours doing research on something before they even have the chance to use it?
With Crypto CFD Trader, all of that prep work is automated and done away with. You don’t need to know anything about Bitcoin, trading markets, financial technology, or anything in between. Our systems do all of the research and calculation; all you have to do is define your trading positions.
Crypto CFD Trader works off of an integrated AI. Our AI is built with machine learning capabilities, so it actively becomes more accurate with its predictions as time goes on. The AI has functionality similar to a search engine. It’s able to send out searches looking for specific keywords. Based on the results that this search returns, the system is then able to determine if the media is high or low on Bitcoin.
The power of Crypto CFD Trader is all well and good, but why did we pick Bitcoin in the first place?
Well, Bitcoin may be the most important technological invention since the internet. It’s undoubtedly going to go down in history as a milestone for human civilization, so don’t be surprised to see it popping up in history books in the next few decades.
The reason for its importance comes from how Bitcoin works. While it may be a digital currency, it’s closer to gold than it is to the dollar or euro. It fixes one of the most fundamental issues that has infected modern economics, and that’s the issue of finite resources. In economics, value is determined by two things: supply and demand. The more demand for something, the more it’s worth, and there more of something there is, the less it’s worth.
Demand is obviously high for money, so let’s talk about the supply. When it comes to the supply of a resource, you have one additional factor: scarcity. It a resource is finite, as in there’s only so much of it to go around, it’s considered scare. If a resource is infinite, it’s not considered scarce.
Scarcity increases the value of something dramatically. Everything with any major value in the world is a scarce resource, except money. Money is printed on-demand, with millions, if not billions, of new bills being produced every year. While the demand for money is enough to slow things down, this production of infinite money is driving down its value.
Eventually, a dollar isn’t going to be worth anything, and that’s an inevitability. Except it isn’t because Bitcoin came in to save the day. Bitcoin is finite. In around 120 years, the Bitcoin blockchain is going to stop producing new units. This gives Bitcoin a stable value and makes it completely invulnerable to inflation. Not only that, but Bitcoin doesn’t recognize any governments, banks, or borders. In other words, you have a global currency that is never going to lose value and can be sent from one side of the world to the other in the blink of an eye. It’s digital gold.
All of this goodness isn’t just wishful thinking, either. Even the world’s leaders are picking up on how valuable it is. The SEC is introducing regulations to adopt Bitcoin for governmental use in 2021, and the European Union is trying to adapt the technology to create an online economic infrastructure.
This not only legitimizes Bitcoin, but it puts a ticking time bomb on it. You’re racing against the big wigs in Congress and Brussels to invest what you can before they pass legislation because once that goes through, Bitcoin is going to the moon.
That’s what and why, but the how of Bitcoin is still something that confuses a lot of people. There are a few different ways to trade Bitcoin, but the easiest is to do it through the Crypto CFD Trader trading bot. On Crypto CFD Trader, all you have to do is deposit, define your position, and hit trade. That’s all there is to buying and selling Bitcoin.
Time is of the essence when it comes to your Bitcoin trading. Every second that you waste is another opportunity that passes you by, so it’s time to stop.
Signing up only takes a few minutes. We don’t need any ID verification from you; all you have to provide is a phone number and an email address.
Once you confirm that information and make your first deposit, you’re ready to trade. We aim to have you up and trading the very same day you register for an account, so what are you waiting for?
There are a lot of technicalities involved with Bitcoin. We’ve put together an FAQ to try and give you as much of an understanding as possible in a short time frame. We cover most of the basics but don’t worry if you have some queries that are left unanswered. There are plenty of resources out there you can consult. If there’s one thing there’s a lot of; it’s information on Bitcoin.
Inflation is the technical term for the way that money loses value every year. It means that as more money is printed, each individual unit loses value.
As we said, you should only be trading when you have enough money to literally burn. That’s subjective to everyone, though. With Crypto CFD Trader, we’ve set the minimum deposit limit at $250. This gives you enough money to trade with while not being too high that it becomes an issue.
As well as the funds, though, the timing of your journey into Bitcoin is also something to consider. Even if you have the money, don’t start trading if there are more important things to be done. You shouldn’t be trading if your oven isn’t working.
Likewise, if you happen to come into an extra few hundred dollars, don’t go investing it all. You can put a little bit in, sure, but there are more important things to take care of.
Trading Bitcoin is a luxury. It’s an important one, but you need to remember that it’s not the end of the world if you can’t.
Of course. There are countless cryptocurrencies that have popped up after the success of Bitcoin.
As you might expect, though, not all of them are worth your time. There are great alternative options like Ethereum, but the majority are never going to have the potential to match up to what Bitcoin brings to the table.
Bitcoin is stored either on your trading account or, more commonly, on a Bitcoin wallet. There are two kinds of wallets: hot and cold.
Hot wallets are things like your phone or tablet that have a Bitcoin wallet software installed on them.
These are the most common forms of Bitcoin storage, thanks to how convenient it is. You can seamlessly move your coins to and from it, provided you have an internet connection.
Cold wallets are specific devices used to house Bitcoin. You have to buy these online, and it’s much harder to move your money to and from them.
However, cold wallets are much safer than hot wallets. There is no internet connection to speak of, meaning the only way to lose your Bitcoin is to lose the wallet.
With hot wallets, there is always the risk of a hack or technical issue causing your Bitcoin to be lost. It’s uncommon, but when you’re dealing with potentially tens of thousands of dollars’ worth of Bitcoin, you’re going to want to be as safe as possible.