Bitcoin Trading Strategies in 2018: How to Stay Profitable in Risky Waters

Bitcoin’s rapid rise and unpredictable future has attracted a surge of new attention and investors seeking profits. Officially launched in 2009 Bitcoin celebrated a banner year in 2017. In the second half the cryptocurrency rocketed from $3400 in August to $20000 in December. The wild volatility is unlike anything experienced in the modern currency trading markets.

The debut of Bitcoin futures trading by Chicago’s two largest derivative exchanges, CBOE and CME has fueled greater interest and credibility for the cryptocurrency category. Some analysts caution of the “bubble effect” and potential weaknesses including government regulation, security and the ability to scale as demand increases.

Around the world Bitcoin’s rapid rise and unpredictable future has attracted a surge of new attention and investors seeking profits. But what strategies are seasoned brokers and traders using in this climate? In other words, “how can we follow the money?”

While there are no “silver bullets” investors are finding success in meeting their goals and reducing risk with the methods shared below. Check them out for yourself.

Buy and Hold Strategy: This is a passive investment strategy wherein the investor purchases the stocks and holds these for quite a long…