Publisher's Synopsis
This guide provides a comprehensive introduction to Bitcoin trading for newcomers. It first explains what Bitcoin is and explores factors that influence its price movements. This book then guides readers through getting set up with a Bitcoin wallet and exchange account, understanding different order types, and developing a trading strategy with technical analysis and risk management. More advanced topics covered include margin trading, arbitrage, automated trading, and portfolio management.
This book also examines tools and resources for traders, including charting platforms, market data sites, trading bots and signals. A major section focuses on security best practices for storing Bitcoin and securely trading. Regulatory compliance, tax implications and emerging trends in the Bitcoin market are also discussed. Overall, the guide equips beginners with the fundamental knowledge needed to participate in Bitcoin trading.
