It’s been 2 weeks since Bitcoin’s Halving happened and its price has not wanted to leave the consolidation in which it finds itself. Despite a recent takeover by the bears at $9,300, there’s still a major barrier at $8,450. If you want to know how to make money with Bitcoin in the current climate, stay tuned to this post.
How to Make Money with Bitcoin by Trading
Although the price of the BTC shows hesitation, for many it can become an opportunity to profit. And, without a doubt, one of the best ways to do this is through trading.
Here are some strategies you can use to take advantage of and make money with Bitcoin in today’s situation.
Buying in Media
One of the most repeated slogans in trading lessons is to buy cheap and sell expensive. The idea is quite clear and simple to apply, however, you should take into account several factors to make a buying decision when the price is low or the opposite.
With Bitcoin it’s quite possible that you’re a firm believer when you sell bitcoin on Bitcoin Evolution, Bitcoin Trader uk app, coinsquare to Bitcoin Circuit, how to invest in ripple from Immediate Edge, when can u buy bitcoin cash on The News Spy, id verification on Bitcoin Revolution not working, ripple Bitcoin Billionaire 1/8, Bitcoin Profit starling bank, Bitcoin Era similar apps, Bitcoin Code xrp disabled in the potential of cryptomonies, and the good chance that the historical uptrend will continue to drive the price to new highs.
If this is your case, and you’re thinking of buying for the medium or long term, the drop that the BTC price is making could mean an excellent opportunity.
Currently, the price of Bitcoin is reaching a significant support area, close to USD 8,450. A good strategy is to make a buy when you see buyers in that area. I recommend visiting the link below if you want to know more about entering support zones after confirming the presence of buyers.