Asset trading is classified as the collection of securities that are held by a firm for the primary purpose of re-selling such securities or assets for a profit. Included in this asset trading are the positions acquired by a form with the specific purpose of re-selling in the near future as a means of generating profit from short-term fluctuations in the price of the security.
CFD trading is known as the buying and re-selling of contracts through any online provider. Trading CFDs entails entering into an agreement to trade the difference in the price of a security or asset from the point when a contract is opened to when it is closed.
Bitcoin, and cryptocurrency, is seen as the buying and selling of bitcoin and other cryptocurrencies. The goal of trading these cryptocurrencies is to buy the digital currency at a low price. Meaning, you purchase this virtual money at a low amount of fiat currency for a large amount of digital currency, such as Bitcoin. Selling bitcoin, or any other cryptocurrency, at a high price essentially means that you’re receiving this virtual currency at a high fiat currency amount for a limited amount of this currency.
There are many reasons for individuals rejecting other trading forms and investing their time and money into cryptocurrencies. One cryptocurrency in particular that traders are looking to invest in is Bitcoin. Some of the most thought-after features of Bitcoin that make it a worthwhile investment are:
Even though the cryptocurrency market is relatively new, it has experienced a fair amount of volatility as a result of short-term speculative interest. This isn't anything unusual as new technologies generally gain speculative interest.
This volatile nature is what makes the Bitcoin market so exciting. Rapidly price changes on an intraday basis provide an array of opportunities to those trading in the market for the long and short-term. However, these opportunities also come with risks, and no trading strategies are invincible. That's why it's imperative that all traders develop a risk management tactic included in their overall trading strategy.
The cryptocurrency is generally available to conduct trades 24/7. This is because there isn't any centralized government over the control of the market. Due to this, cryptocurrency transactions have the ability to be conducted directly between individuals all across the globe. However, there are some periods where the market experiences 'downtime' to adjust to infrastructural updates.
Liquidity is classified as measuring how quickly and effortlessly Bitcoin can be converted into cash or assets without having any effects on the market price. Having enhanced liquidity is an important feature as it aids in bringing better pricing, increased technical analysis accuracy, and faster transaction times.
Generally speaking, the cryptocurrency market, especially Bitcoin, is seen as being illiquid. This is because these transactions are carried over to multiple exchanges. As a result, small trades are known to have a massive effect on these market prices. This is one of the contributing factors that cause the volatile nature of Bitcoin and other cryptocurrency markets.
Effectively trading Bitcoin isn't an easy task if you don't have the time to understand and develop trading experience to create robust trading strategies. Our developers at BitQL have established a trading software that caters to these adverse elements.
Thus, those who don’t have the time to dedicate to extensively analyzing the market can use our trading software. This is because we have equipped specifically features into our BitQL trading software that allows us to cater to a variety of trader skill levels.
For beginners, we have provided access to a demo trading account. This allows those who aren’t confident in their trading skills to practice various trading strategies to see where they can improve. In addition to this, we also offer a beginners’ guide to everything about the world of Bitcoin trading. This guide helps traders understand the fundamental elements and mechanisms that make up Bitcoin, the market, and how to trade in it.
When using this guide, you're able to better understand the Bitcoin market and everything about it. This allows these beginner traders to make educated decisions and formulated well-thought-out marketing strategies and pre-set trading parameters.
We have designed our registration process with complete efficiency. Our goal in doing this is to ensure that you don’t speed copious amounts of your valuable time going through a tedious and drawn-out registration process.
To do this, we have condensed our entire registration process into three simple steps. The requirements for each step in this registration process are identified below for your convenience:
To begin the registration process, you’re going to need to fill in the following details:
Once you've entered all these details, we're going to take a few minutes to verify the details you've provided for us. After successfully verifying this information, we're going to send you an email to the address you have given us. This email contains a verification link that you're required to click to verify your email address. You're then set to move onto the next step.
Some people wish to trade without providing this information. However, this is a very insecure trading method, so we don't want to promote this and can't accommodate these individuals.
After you have successfully verified your account, you’re then going to be required to fund your account with a minimum amount of $250. This is the money that is placed in your trading account and is used to make trades. To make this payment, we’re going to transfer you to a secure page where you’re going to be asked to place your banking details to deposit the money.
All of your card details are encrypted with end-to-end military-grade encryption. Thus, you can rest easy knowing that your transactions are in good hands, and all of your information is kept secure. It's important to note that this money in your BitQL trading account is entirely yours. We don't take a percentage of this money, and you have complete control over these funds.
We have provided traders with the ability to deposit a small amount of $250 to accommodate users who don't have the financial means to invest large sums of money. However, traders who do have these funds and wish to invest more in their BitQL trading account can do so. Our BitQL trading accounts are equipped with a no-cap feature, so you can deposit as much as you want.
Once this deposit has successfully been placed in your trading account, you’re able to move on to the final step of the BitQL trading account registration.
The final step of the BitQL account registration process involves setting your trading parameters, which are ultimately going to be the guides that are used when trading. Due to this, it’s incredibly important that you don’t rush this part of the registration procedure.
For beginners, we have developed a guide that can help you understand the market conditions and how to interpret these conditions to make educated trading decisions. With this knowledge, you're able to set trading parameters that are going to help return successful results. We advise all traders not to set unrealistic parameters.
After you have set these parameters, you’re able to click the ‘Start Trading’ button. You’re then going to be placed in a live trading session. Professional traders who trade manually are going to begin implementing their trading strategies. On the other hand, less experienced traders who aren't comfortable to start manually trading are going to have our BitQL trading bots scan the market for conditions that align with your parameters and then make trades on your behalf when these trading parameters are met.
Conventional trading is associated with dedicating a large amount of your day to sitting behind a computer and watching the trading market. This isn’t the case when you’re using the BitQL trading bots. All you're going to need to do is take 20 minutes of your day, preferably at the start of the day, to access the market conditions and set the trading parameters that you would like these trading bots to search for and conduct. After you have set these trading parameters, all you're going to need to do is to come back to your trading session every now and then to monitor trades.
Yes, inexperienced traders can use the BitQL trading software to conduct trading. We have specifically equipped our system with features that cater to various skill levels. Our beginner traders can use our demo trading account before they go into a live trading session. Traders have the ability to practice their trading strategies in this demo account before using their money to fund their trades in their live trading session.
No, $250 is the minimum amount you can deposit into your BitQL trading account. There is a no-cap feature on our BitQL trading software that allows you to deposit as much money you would like into your BitQL trading account. Many traders wish to place a large amount of money into their trading account, allowing them to make numerous trades. However, we offer this minimal $250 to accommodate traders who don't have the financial means to invest hefty sums into their trading account.