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What is the best time to invest and sell bitcoin?

Whether you’re new to investing or an old hand at it, bitcoin can pose some tough questions about when is the best time to buy and sell. Since the year 2000, investors have generally agreed that timing is everything in the world of finance. And with bitcoin’s fluctuating value (which has seen significant highs and lows) there are few kinks you might want to consider before taking the leap. After all, the next pullback might not be far away.

One of the biggest factors besides price changes that will affect your bottom line is how you invest. If you’re just looking to invest a little in bitcoin, there are some options available. For example, the Bitcoin Investment Trust is an option that trades at a premium but tracks the price of bitcoin over time. The Winklevoss twins launched this ETF in 2015 and it has risen by nearly 90% since then, making it an attractive investment for both new and experienced bitcoin users.

However, if you’re looking to make a bigger gamble and play the long game, then go ahead and purchase bitcoins directly. There are a variety of options for buying from bitcoin exchanges, with varying degrees of risk. And depending on how much time you have to wait for your investment to mature, it might be worth taking on some additional risks in order to achieve higher returns over the long term. Keep in mind that any investment is risky, including bitcoin. Bitcoin prime is the best way to trade bitcoin and make money.

Take Bitcoin as a long-term investment

The global cryptocurrency market is finally out of its bearish phase and there is a good chance that most of the coins will eventually rebound. Bitcoin has entered a bullish market and it is possible to take some profits off the table. Taking bitcoin as an investment means that you are willing to put your money on the line for long-term success, so be sure you understand what this entails. It is easy to gain profit from market cycles but it is usually much more difficult to sustain gains as a long-term investor. As with any investment, it is crucial to understand the risks involved, which cryptocurrency investors should be aware of before making a decision.  The technology behind bitcoin and other digital currencies is here to stay, so there are plenty of reasons to invest in this market. Those who are thinking about taking on bitcoin as a long-term investment can take the following tips into consideration.

  1. Understand the risks and know how to mitigate them
  2. Stay up-to-date with market trends
  3. Keep your investment in a safe place
  4. Don’t chase the market
  5. Know your exit strategy
  6. Stay informed
  7. Be ready for a sustained bear market
  8. Don’t confuse bitcoin with other cryptocurrencies. 

In the past, many people have made plenty of money with their bitcoin investment and this trend is not likely to change in the near future. Those who are considering investing should never rush into anything and only take a calculated risk that they can afford to lose.

 

Today is always the perfect time

The digital currency’s price is volatile, that’s true. But so are other sky-high tech stocks and cryptocurrencies, which has made it relatively easy to trade bitcoin futures. And as an added bonus, you’ll also be able to keep up with what the industry is saying about bitcoin in the process. While this might feel like an overwhelming process at first, it’s not too late to take advantage of this unique opportunity. The futures industry has been growing at an incredible pace. The first bitcoin futures contract was only introduced in December, and the number of contracts traded has been steadily increasing ever since.

There’s no question about it: the futures industry is growing rapidly, and that’s why so many investors are already starting to jump on the bandwagon. But if you’re not already familiar with bitcoin futures, it’s important to be aware of the opportunities before you get started. 

Here are two ways you can take advantage of the bitcoin futures market right now:

  • Monitor the wild Crypto market

The markets surrounding bitcoin continue to grow, and that means the opportunity to trade bitcoin futures has become a lot more attractive. The connection between cryptocurrency and the futures market is clear, but that doesn’t mean there aren’t any risks involved. As an investor, your main objective is to minimise risk and maximise gains. But there are ways to do that like by following the advice of experts, who will help you understand how the bitcoin futures market works.

  • Keep pace with the wild Bitcoin price swings

Bitcoin’s price is known for being volatile, but so are other sky-high tech stocks and cryptocurrencies. The biggest advantage of trading bitcoin futures is that it’s relatively easy to trade, which means you’ll be able to follow the pace of the markets easily. The main reason why participants are getting involved in bitcoin futures is because the price of the cryptocurrency is notoriously volatile. This can be extremely profitable for those who know how to trade bitcoin futures, and it also ensures that there will be consistent growth over time.

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