introduction to trading cfds on bitcoins

This article provides key information on CFDs where the underlying investment that you choose is Cryptocurrencies such as Bitcoin- Bitcoin is moving fast forward toward becoming a digital version of gold, and Since its inception in 2009, Bitcoin has become the most popular cryptocurrency. It is a digitally-encrypted, decentralized currency with unique characteristics that make
it a different market, causing a lot of volatility in its price. Day Traders look to that extreme volatility to exploit short-term trading opportunities, speculating on possible hikes and falls.
Bitcoin has recovered above resistance near $8,500, and
the next rung should be closer to $9,500.

The main difference between trading Bitcoin through companies offering cryptocurrency CFDs and actual trading bitcoins is that when trading CFDs on cryptocurrency, you can go long or short at any moment depending on your predictions.
Related link: