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Has there ever been a better time to get into Bitcoin trading? With all the information out there, you are at a unique advantage. Unlike many who came before and had to go through trading experiences blindly, you now have the benefit of the expertise of those who have faced the market before you.
BitCode Method is one of the best demonstrations of this kind of trading know-how. So, what can you expect to gain here? Well, if you had any doubts before about what BitCode Method is, and why you should even bother it give it a chance, you're about to learn all the little essential details.
Anyone who has used BitCode Method before you can tell you about the sheer level of innovation that has gone into how everything works. There was a time when Bitcoin trading meant having all the required knowledge of the market on your own.
You could attempt to trade without learning it all, but you would have been doing yourself a huge disservice, especially considering the unpredictable nature of this industry.
Now, while it's still recommended for you to learn all you can, there is no longer a mandate for you to do so before you can enter the market. That's the kind of difference that this trading platform brings to the table.
BitCode Method is an unusually efficient spin on Bitcoin trading platforms. It allows you to invest in the industry while having the view of a broker and a well-designed platform on your side. So, while you get the final say in all trading decisions that are taken on your behalf, the pressure is no longer all on you.
Instead, you can plug into what is effectively a wealth of knowledge for insightful discussions and even recommendations before any action is taken. Technically speaking, you could choose to do the opposite of everything recommended as you're free to do so.
Though BitCode Method removes the requirement for you to understand all the intricacies of Bitcoin, and by extension, cryptocurrency trading, this is an excellent opportunity to learn quite a bit at a high level.
As you probably already know, it boils down to a digital form of currency that may be traded on an exchange or in some cases, may even be used as a means of purchase.
Unlike traditional Fiat currencies, you cannot simply walk to your nearest ATM and withdraw some Bitcoin. Instead, you use a cryptocurrency wallet to contain your holdings, after which you can execute transfers that are recorded on a decentralized ledger.
It would do you well to understand that many market factors feed into the sheer levels of fluctuations in value that you may see.
There is no central authority as there is with Fiat currency, so the value of Bitcoin at any given time is completely up to the subset of market factors at play. For example, there's a limited number of Bitcoin circulation. As more enter the market, the level of scarcity continues to grow.
Cryptocurrency experts continue to speculate on this. Do the futures of Bitcoin and other cryptocurrencies look positive or is there a dark outlook that holds the end of what is no more than a financial phase?
Even with all the expertise that has been gathered until this point, that remains to be seen. Technically speaking, Bitcoin is just as likely to continue to appreciate as it is to crash completely.
What is certain is that by all indications, any kind of “dark future” is nowhere near reality right now, which means it's a great time for people like you who may be considering BitCode Method to get into the market.
Earlier, there was a brief mention of the fact that any trading that takes place where Bitcoin is concerned leaves a record on a decentralized Ledger. This platform is known as a blockchain.
It is this lack of any single point of management or authority that makes Bitcoin and other cryptocurrencies some of the most exciting financial prospects in a long time.
There is no single point of failure, as nodes of the blockchain network are spread out globally and the information within it on where ownership lies is available to all who are a part of the said network.
Bitcoin's current popularity would leave many to believe that it has been firmly ingrained in the financial world for many decades. Therefore, it's hard to believe that none of this was even around before 2008.
Furthermore, the level of interest in the medium of exchange did not begin to show until a few years had passed since its inception.
History will tell you, however, that Bitcoin became quite the sensation, which is something you can see in the state of affairs today.
Technically speaking, it wasn't the first ever attempt at cryptocurrency creation. However, it was the first that managed to amass the level of support and participation that it did
Therefore, it's responsible for bringing the world into the new era it currently operates in. Now, if you try to wrap your head around the sheer number of cryptocurrency alternatives out there, it would be a pretty big number.
You can almost bet on a new one emerging ever so often. Since Bitcoin was the original and the first to perfect the formula, it currently sits firmly atop the crypto hierarchy in terms of both value and market share.
There have been both notable highs and lows from inception until now, but so far, Bitcoin has withstood the test of time.
It would be difficult to find a use case that would see Bitcoin or cryptocurrency as a whole not being recommended as a solid investment option. Perhaps the only possible exception would be a lack of any funding to attempt investments.
However, once you can invest and you're even considering other alternatives such as real estate or stocks, cryptocurrency is just as feasible.
After all, any direction you choose to go in can present profits or losses, as this is simply the nature of investment opportunities.
BitCode Method is here to allow you to walk down that road in one of the most innovative ways possible.
This comes back to the point of the presence or absence of funds to interest. Though this is a cryptocurrency-based lesson, this is a principle that you can and should apply to just about any investment opportunity.
If anyone ever tells you that you're guaranteed to win or make it big by investing in risky prospects, that person is setting you up for a huge downfall.
Bitcoin, for example, could end up trading at a value of $700,000 at some arbitrary point in the future. This may sound amazing. However, consider that if the cryptocurrency should hit such a high and a series of unfavorable market factors should take place, the same currency could plummet down to trading at a value of $500 or less later.
Admittedly, this is a bit of an extreme example, but it illustrates the point quite well. You can gain, and you can lose. Therefore, investing is not a wealth storage and accumulation method. So, if you're going to get into the market, ensure you're doing so with money you can afford to lose if everything goes awry.
Now, you undoubtedly understand several of the dynamics of the Bitcoin trading markets better than you did when you started reading. With all that in mind, you may be asking yourself what you need to do to start using BitCode Method.
Your first order of business is to sign up on the BitCode Method site. You will realize that the information required is not too extreme, especially in comparing it to many of its contemporaries.
The idea here is to ensure that only necessary information is collected. You will be required to put in your name, e-mail address, and desired password. Note that you will also need to agree to the terms of service.
Once you've submitted that, you will receive a verification e-mail to confirm your submission. Upon returning to BitCode Method, you'll need to complete the identification process, which serves as a security measure to validate the legitimacy of all who want to use the platform.
This is where BitCode Method is a little different in one of the best ways. A broker then contacts you to welcome you in and explain the dynamics of how your experience with the platform will work going forward.
Note that the broker will be executing all trades on your behalf. However, you get the final say and must approve any action that is taken. Of course, having a broker means that you get the benefit of insightful discussions.
With your signup complete, you will need to fund your account. After all, you can't trade with thin air. Thankfully, the initial deposit requirement is not very steep at all. You simply need to start things up with a minimum of $250.
There is no maximum, so feel free to get things started with as much as you would like.
Security is an important consideration in any platform that you use. This is especially true in those that require you to provide sensitive information and those that you use to handle any financial transactions.
Therefore, you may have concerns about the measures that BitCode Method has put in place two ensure a secure experience. First, thanks to a wildcard SSL certificate, all pages are encrypted and served over HTTPS, ensuring there is no leaking of data to unscrupulous third parties.
Note also that the encryption methodology used behind the scenes protects the data both during transmission and at rest.
Based on the way BitCode Method works, it's for just about anyone, regardless of the level of experience you have in the cryptocurrency trading market.
The difference between the workflow for those at the beginner level and those at the advanced level would likely be the nature of interactions with the broker.
Remember that you get the final say in everything that happens, so even if you are an advanced trader who has a solid base of understanding of the market yourself, you don't have to worry about the broker taking things over and executing against erosions.
BitCode Method is designed for traders of all experience levels. Therefore, you are not expected to master trading strategies as a usage prerequisite. The idea is for you to grow your knowledge and be able to make more analytical and smarter decisions while being a user of the trading platform.
This question comes from a misconception that people may have when they hear that their broker will be making all trades on their behalf. Bear in mind that your BitCode Method broker is simply a representation of your wishes.
Think of it this way. If you have a conversation with your broker who may believe you should go in a certain direction, you have the freedom to communicate that you don't want things to be done that way.
Regardless of what the broker may think of the matter, when the time comes to execute the trade, it must be done based on what you have indicated.
Let it be known that no platform on this planet can truly “predict” what Bitcoin or any cryptocurrency will do.
So, if you have that expectation coming in, understand that that's not what will be happening. Instead, analytical techniques that you will learn are used to make what is effectively the best guess based on whatever historical and present information is available.
BitCode Method is a solid choice for those who want a trading platform that provides a straightforward experience regardless of the expertise level coming in. Broker-based interactions make for a smooth workflow and one that guarantees a more insightful approach.
After all, it's here to improve your cryptocurrency knowledge, especially where Bitcoin is concerned. So, it goes beyond the call of duty of facilitating trading.