How to Analyze Bitcoin: Fundamental Vs. Technical?Like any other financial asset, Bitcoin is also analyzed by two techniques:Fundamental Analysis: Fundamental analysis is an approach which is used by the Bitcoin traders to determine the “intrinsic value” Bitcoin. This is done by a number of internal and external factors at large. For traditional asset classes such as equities, fixed income securities and commodities, it is easier to perf...
Put Money into Your Account: Once you have signed up with a crypto exchange, then as a next step you need to fund your account through bank deposits, peer to peer (P2P) and via other wire transfers.Pick Bitcoin To Invest In: After putting money into your account, you can select the quantity of Bitcoin that you wish to buy to trade further.Start the Process of Trading In Bitcoin: After buying a considerable amount of Bitcoin, now yo...
In order to start trading in Bitcoin, one first needs to be well-equipped with adequate information and should have a familiarity of the subject. It is also critical to know the associated risks and the regulatory laws which might affect one’s jurisdiction and decisions...