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The Process of Trading in Bitcoin

Cryptocurrencies have grown in value in recent times. This has raised the number of interested investors in the market. Most of them are however not conversant with it to know where to start. It is also something that raises a lot of questions on its nature. Here is where you shall learn how to trade and sell Bitcoin and other kinds of cryptocurrency.
You will first of all need to get a cryptocurrency exchange. There are plenty of them out there, each with certain advantages and disadvantages. You need to gauge them through the parameters of their fees and purchase options, supported coins, security, as well as liquidity. These are important in any exchange you may be considering. It is important you get one with favorable fees. The more the coins trading there, the better the chances of making profits. The security is also critical. You should only go where they take security seriously, with things like secure passwords, two-factor authentication, offline cold storage for most of your funds, and professional grade encryption in place.
You should then create a wallet. This shall enable the safe storage of your cryptocurrency. You shall find a provisional wallet at your chosen exchange, but it is not a wise move to leave your currency in there. The best place has always been your personal wallet. You need to be keen on the security of your private key. It is the means for you to transact safely. All the amounts you do not intend to trade with should be stored offline. You need to then keep that info secure at all times. Should you lose the offline info, you will have permanently lost all that Bitcoin. You will find hardware wallets for such storage. You can find more info on them here.
You need to now go ahead and buy your first Bitcoin. You need to first fund your wallet. There are many ways you can do so. There are ways you can use your credit card or bank account to make the purchase. There shall be the option to move it to your personal wallet or the one at the larger exchange.
You can so far go into selling and trading Bitcoin. You need a good plan to do so, and the discipline to see it through. A good habit to adopt is never trading more than 5% of your total stock in one investment move. This shall minimize your losses in case the trade goes sour.
Never trade with amounts you cannot afford to lose. There is always risk in investment. The ups and downs common in other markets are here as well. You need to keep the trading amounts conservative.
You shall find more investment advice on this site.