Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular. There are two main methods people use to analyze Bitcoin’s price – fundamental analysis and technical analysis. Successful trading requires a lot of time, money and effort before you can actually get good at it.
In order to trade Bitcoins you’ll need to do the following: Open an account on a Bitcoin exchange (e.g. CEX.io, eToro, Bitstamp) Verify your identity Deposit money to your account Open your first position on the exchange (i.e. buy or short sell)