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In August, IPC, a technology and service leader powering the global financial markets, announced its partnership with Overbond, a fixed income fintech platform for AI predictive analytics and visualisations. The aim of the partnership is to leverage the voice that IPC captures through its Natural Language Processing (NLP) solution, known as a Dictation as a Service, to facilitate Overbond’s AI pricing and liquidity algorithms. It is worth noting that bond trading tends to be far more illiquid compared to equities, meaning prices for the majority of bonds are difficult to determine due to the infrequency with which they are traded at.

What exactly is being leveraged?

Moreover, to gain a greater understanding of the strategic collaboration, it is important to examine what exactly is being leveraged. Firstly, IPC’s Dictation as a Service is a cloud-based tool. To power this, IPC utilises its award-winning Connexus Cloud infrastructure. The solution allows traders to “dictate” trade terminology as well as translate what is being said in real-time through IPC’s Blotter visualisation platform. The combination of these applications provides end-users with an extensive solution for transforming previously unstructured voice trade data into discoverable, transportable data – all of which takes place in real-time.

Adding to this, Overbond has made significant progress in tackling data aggregation problems impacting automated trading of fixed income securities. Overbond’s COBI-Pricing LIVE tool is a customisable AI pricing engine that helps traders when it comes to automating pricing and trading workflows for global investment-grade bonds, as well as producing prices and liquidity totals for over 100,000 fixed income devices. By integrating COBI-Pricing LIVE with a bilateral representational state transfer (REST) application programming interface (API), which works by handling requests for a resource and returning all the necessary information regarding the resource, translating it into an easily interpretable format for clients, the AI algorithm is able to absorb, collect and process data. This can be from both present and past vendor feeds, internal historical documentation, over-the-counter settlement layer volume records, and now, thanks to this partnership, voice transactions.

Significant milestone

This partnership represents a significant milestone in the evolution of market structure, with technological innovation happening across different levels as a combination of services capable of translating trader voice communications to a structured data feed successfully for bond trading. The aforementioned levels are: voice call tagging to security code – within the workflow of the traders – and AI for downstream processing of the data.

What issues will the partnership help to solve?

Bonds are still traded by voice, with almost 25 percent of fixed-income trades that are made in both Europe and the United States of America executed using voice. This represented a large amount of data that wasn’t previously considered, illustrating a substantial gap in AI-powered, automated fixed-income modelling and trading. The strategic collaboration between IPC, which operates one of the largest networks for fixed-income voice trading in the world, and Overbond will ensure that this valuable voice data no longer goes uncaptured. What’s more exciting, as this trade data can now be captured and anonymised, is Overbond’s algorithms are now capable of pricing fixed-income instruments with greater accuracy. 

It is no secret that the bond markets have been one of the last holdouts in financial services’ digital transformation, however, the resistance has started to wane. Partnerships between organisations, like the one between IPC and Overbond, showcase the ability to bring innovative technologies together developing next-generation solutions for the fixed-income marketplace. The strategic collaboration with Overbond continues the digital transformation of fixed-income trading by fully harnessing the power of voice data. Both businesses support an open platform approach in terms of rethinking how financial institutions around the world trade, optimise productivity and engage in knowledge sharing.

In closing, the partnership between IPC and Overbond enables the integration of IPC’s point-of-trade voice transaction data with Overbond’s AI pricing and liquidity algorithms to bring precision to the automation of bond trades.

In this article, you might learn about the steps of increasing the success rate. We hope it will help you to go a long path to fulfilling your dream. 

Learn to cope up

New traders face issues adjusting to the new situation. They can’t think properly. They become puzzled. For this reason, they face issues. Sometimes, if the traders can learn to cope up, they may get better results. Because they might understand how to apply the techniques to make money. So, they need to gain the knowledge which might aid them to get the success. However, do not try to take any action in an aggressive way. So, be aware of this.

Be self-restraint 

If you become self-restrained, you might not face any issues. You may get a better opportunity which might help you to make more money. So, being a trader, you need to increase your patience level. Otherwise, you might face problems. So, try to keep the discipline which might help you to get success. Always remember, if you can increase the discipline level, you might also increase your patience level. So, try to become self-restrained. Do not try to do work in a hurry. Try to become calm so that you can make the right decision. If possible, look at this site and learn more about the conservative trading technique. Once you do that, you will no longer feel the urge to trade with aggression.

Make some logical changes

Sometimes, depending on the situation, traders need to make some changes. Because, if they can make the right plan at the right time, they may make money. But, most of the time, traders face problems as they are not aware of the different characteristics of the market. Sometimes, traders can’t check their plans after making the changes. But, if they can check the plan, they might be able to play the plan properly. So, they should try to make practical changes.

Keep practising

You need to do practice properly. Always remember, you can use a demo account for free. For this, you don’t need to invest a single money. So, try to improve yourself through regular practice. If you can do regular practice, you might not face any hassle. So, learn to do your task properly. However, sometimes, traders face issues because they are not properly prepared. They think they can instantly make the decision. They should try to practice more and more. However, traders must open a demo account to justify themselves. 

Be courageous in a tough situation

Newbies need to become courageous as they have to overcome the barriers. Moreover, if the traders can grab the big challenges, they may reach their target. Moreover, traders must be prepared to increase their courage level. If they know what to do, it might be possible to make money. So, traders need to concentrate on developing their performance. For this, they need to keep the record. If they can review the record correctly, they might make profits. Because they’ll become aware of their mistakes and thus they can decide the right action.

In the Forex market, these tips will help to stay in the field for a long time. Traders should follow these properly. If they apply these properly, they may reach their goal. So, they should always run their business systematically. If they can do so, they may get a better result.

In this article, we are going to highlight some of the key reasons for which you should learn the art of currency trading. Go through this article carefully as it will help you to determine whether trading is the right profession for your career.

Easy access to the global market

One of the key reasons for which the Forex trading profession in Australia is so popular is due to the fact, it gives us easy access to the global market. Just by opening an online trading account with high-end brokers like Rakuten, you can trade the financial instrument with a great level of ease. Moreover, retail traders get free access to the premium trading platform free of cost. They don’t have to spend any money to do advanced technical analysis in the trading profession. 

Leverage factors

The majority of the high-end brokers offer optimum leverage to retail traders. With the help of the leverage trading account, retail traders can easily take decent volume trades with small capital. Leverage offers high buying power to retail traders and makes things easier when it comes to making a profit. But you should also remember the fact, leverage can act as a double-edged sword. Failing to control the leverage in an effective way can lead to big losses.

Trade 5 days a week

Being a currency trader, you can take the trades 5 days a week. The average volume of the currency pairs traded in Forex is maximum during the active trading session. Even though you can take the trades at any moment, it would be wise to learn the importance of trading sessions. By analysing the trading session, you should be able to pick the right asset and take your trades during the active trading session. Eventually, it will reduce stress and help you to earn more money.

Be the boss

Professional traders never rely on other people's opinions. They take their trades based on their own data analysis. They are not answerable for their actions. So, if you learn to trade the Forex market, you should be able to take the trades without any accountability. However, you should follow the core rules of risk management as they will protect your trading capital. Never think you can become a millionaire trader by breaking the rules. You need to be extremely disciplined with your actions or else you will be losing money from most of the trades.

Establish your business

Currency trading is often referred to as one of the smart businesses in the world. By learning to take the trades at the critical trading zones, you can easily secure steady cash flow in the market. Never expect that you can beat the market without doing the proper data analysis. Follow the conservative trading method and try to abide by the rules. Once you truly understand how this market works, you will be able to earn money like a professional businessman.

Social recognition

Being a new trader, you might face much trouble in the trading profession. However, if you manage to become a profitable trader, everyone will admire you for your amazing success. You can even start teaching the new traders and create a passive source of income. But for that, you need to have a strong record in the financial industry. Build a strong portfolio and then try to teach other people.

Shane Neagle, Editor In Chief at The Tokenist, talks us through the difference between Bitcoin CFDs and Bitcoin binary options.

There are countless horror stories of people losing access to funds or accidentally locking themselves out of their wallets and losing their hard-earned gains. However, thanks to Bitcoin’s volatile price action, there can be an abundance of trading opportunities for traders who know what they’re doing.

This is where financial contracts can bring added forms of value. With CFDs (contracts for difference) or binary options contracts, investors can strategically use one of these instruments to trade Bitcoin’s price movements — without having to worry about paying transaction (miner) fees, keeping hold of private keys or worrying about Bitcoin restrictions in their country. For this sort of trading, there are two options we’re going to look at here: CFDs and binary options for trading Bitcoin. Both have their pros and cons and the decision of which one to choose will be based on a specific trader’s own objectives, as well as personal preference and risk tolerance. Let’s take a closer look.

What Are Bitcoin CFDs?

A Bitcoin CFD (contract for difference) enables buyers (clients) to take advantage of an underlying asset's price movement by selling to the seller (CFD brokers). By using CFDs, traders do not actually own the underlying Bitcoin and can use fiat currency to place their trades. This often works out cheaper for traders as it means not having to worry about Bitcoin network fees for buying and selling their BTC, as well as allowing for more effective HFT (high-frequency trading) as there is no need to wait for Bitcoin transaction confirmations on the blockchain. Investors can use Bitcoin CFDs to speculate on whether they think the price of BTC will rise or fall - allowing for both long and short trades to be placed. 

Advantages

Disadvantages

What Are Bitcoin Binary Options?

A binary option is an artificial instrument where the payout is either a fixed amount of a predetermined revenue, or nothing at all. Binary options, as can be implied from the name "binary," deliver an outcome dependent on a "yes or no" proposition. Traders predict if the price of BTC will rise or fall by the time a specific timeframe is reached. The trader receives a payout if the Bitcoin binary options contract expires as predicted (referred to as ‘in the money’), and would lose all of their capital if it goes the other way (referred to as ‘out of the money’).

Binary options are best used for more “sure bets”. An example could be predicting that Bitcoin will rise in price after a halving event, whereby the miner block rewards are halved. These events happen every four years and are typically followed by a rise in price after an initial crash. A trader would not need to know what price level would hit, unlike a CFD, only if the price will be higher or lower than the specified strike price at a date in the future. Many top binary options brokers now accept deposits via Bitcoin, reflecting a trend in the growth of Bitcoin’s popularity and its increasing legitimacy as an asset class.

Advantages

Disadvantages

Advantages Of Bitcoin Derivative Trading

One of the most important things to get right when holding Bitcoin is storing it safely. For investors who prefer to skip these preliminary procedures, trading derivatives is a solution. By using Bitcoin CFDs and binary options contracts, traders can gain exposure to Bitcoin prices without having to adhere to the security measures associated with it.

Other advantages of these instruments include ease of execution and low trading fees — in many cases fees tend to be below 1%. On the contrary, some crypto exchanges can charge high fees—up to 5%—for Bitcoin purchases and trades, particularly when online credit card payments are used. 

Disadvantages Of Bitcoin Derivative Trading

Trading derivatives rather than the actual asset is a double-edged sword. While there won't be safety aspects to worry about, traders do not own the underlying asset. For Bitcoin, owning private keys is considered the ultimate point of the enterprise among many of its investors. As Bitcoin's whitepaper outlines, the leading cryptocurrency was created to remove the need for intermediaries. In other words, if one does not have self custody of their Bitcoin holdings, then it can be said that they don't really “own them”. 

Last but not least, there are also weak industry regulations and liquidity risks associated with CFDs and binary options. It is worth noting that trading CFDs is illegal in the US, and binary options are only available on certain exchanges.

Bitcoin CFDs vs. Binary Options: Which Is Better?

Bitcoin CFDs and binary options both have slightly different use cases. Bitcoin CFDs are best used when a trader is confident Bitcoin’s price will hit a certain level. For instance, if Bitcoin is valued at $40,000 and a trader predicts the price will rise, they can open a long CFD position. It is worth noting that CFDs have no expiry date. A trader can hold their position for as long as they are willing to pay the "premium" (the charge on holding an active position overnight). However, CFD positions can get very expensive after being open for six weeks since they attract levy financing charges. 

Suppose BTC price reaches $42,000 after two days. If the trader decided to close their position, the net profit would be calculated on the $2,000 price difference. How much profit is made will depend on how much money was staked in the trade, as well as subtracting any costs (commission, spread, and the premium for two nights).

Bitcoin binary options are best used when a trader is confident about the direction of Bitcoin’s price but is not sure to what extent the price will be higher or lower than the selected threshold at the time of expiry. This means that, unlike CFDs, these contracts have an expiry date that will trigger at a predetermined time and date.

At the point of expiry, if the prediction is right, profit can be taken. However, if it's wrong, the trader loses all their invested money in the trade. When compared to CFDs, binary options carry a larger risk due to their lack of risk management tools, but have much smaller trading fees and hold the potential for larger profits. 

In Summary

One way to get exposure to Bitcoin price moves is by trading derivatives like CFDs and binary options. Each of these financial instruments come with their own advantages and disadvantages, and traders need to choose the one that best fits their needs. It is worth bearing in mind that trading is highly risky. A large portion of retail investors—involving both CFDs and binary options—lose money. Therefore, never trade funds you cannot afford to lose and always do your own research before investing your capital.

However, keep in mind that even when there are scores of people who have made a fortune trading cryptocurrency, the fact remains that the inherent risks associated with this type of trading can also leave you penniless if you aren’t careful. Every type of trading assumes some risk. It’s all a matter of managing risk and making sure that you don’t make critical mistakes. Here are some mistakes that you should be wary of.

Not Monitoring The Market

Good trades are not made based on hunches and emotions. Luck has very little to do with the success or failure of any trade. Veteran traders make trading decisions based on their technical analysis of the market. The cryptocurrency market is so volatile that even one night of bad news can cause an asset to crash overnight. It’s important to be vigilant over news and current events that could affect a particular crypto. A prime example of such events is the recent Ethereum hardforking, which caused the value of Ethereum to increase.

Trading Whenever An Asset Breaks Out

Considering the inherent volatility of the crypto market, several breakouts and breakthroughs can occur within a span of days, and even hours. While it can be tempting to wait for an asset to increase in value even further before taking profit, you’d be far better off by strictly sticking to a set take-profit level based on your technical analysis. Inversely, it’s also important that you set a stop-loss order in order to mitigate the effects of when an asset deteriorates in value. 

Allowing Yourself To Be Influenced By Availability Bias

It’s normal for current events to hold influence over market conditions. In fact, social media platforms really do affect the financial markets. A good example of this is when Elon Musk tweeted his support for Dogecoin, which then caused the value of Dogecoin to spike. 

While it’s acceptable to ride along with the hype generated by certain events, it’s important to know when to buy and when to sell, and this decision should be driven by historical data and accurate prognosis rather than trends and news.

Trading requires discipline and analytical skills to pull off properly. Market manipulators also bank on the availability bias to pump and dump assets for their benefit. Again, your primary tool here should be your ability to evaluate which assets are worth buying. It’s also important to identify a working time frame so you know whether to trade near-term, short-term, or long-term.

Trading is inherently risky, and these risks are only further amplified by a lack of knowledge and by poor decision-making. The information you need is readily available on the internet and through numerous software options. This is one of the many aspects that require discipline and foresight. A general rule is that if you are only starting to trade, start only with a small amount and try to master the art of trading before investing more money.

Act in haste, repent in leisure.

Newcomers to trading forex and other assets could do well getting that tattooed about their person, such is its importance to long-term profitability. Indeed, it’s a lesson that some experienced investors also need to remember from time to time.

Those six words highlight the importance of removing emotions from your trading, of how sometimes we can eat into our bottom line by opening and closing positions at the wrong times – maybe because we’ve suffered a succession of ‘losing’ trades or because we’ve closed a trade and then watched the asset increase in value thereafter.

Having the right mindset is arguably the most important weapon a trader owns, and if you find yourself acting in haste when trading, then this article is for you.

We want to explore techniques that will help you to eliminate ‘emotionality’ from your game, from taking a breath to using automated software and Tickmill trading accounts, which will help you to retain your discipline.

Get your head right and, hopefully, profit will follow.

 

Accept defeat

There will be losing days, weeks and possibly even months.

This is one of the universal truths of trading, and yet so many still utterly fail to grasp the basic concept that not every trade you execute will be paved with gold.

The implication is that, as the hands of time tick away, there is so very often the temptation to chase losses and try to turn a losing spell into a profitable one.

And so we start opening positions that we normally wouldn’t, or closing trades to lock in a return, when, actually, the indicators might be suggesting that holding for longer is the smart play.

If we could somehow divorce ourselves from our minds, we wouldn’t fall into such traps, and it perhaps explains why the most successful traders often use software to automate their actions.

Why? Because the mechanical approach takes the human element out of your trading game, and automation also enables you to use tools – such as stop loss and take profit – that actually take the emotion out of the equation.

 

The mindful approach

If trading becomes the only thing that you are thinking about, it won’t be long before you start mentally chasing your own tail.

If you are seeking a secondary income stream from your investing, then it’s only human nature to become preoccupied with thoughts of, ‘can I make more money?’ Such a mindset will almost inevitably lead to increased activity in the market, and for reasons already explored, this usually leads to bad trades.

Try to take time away from trading. It can be exciting in the early going, but in the long term you will benefit from refreshing your mind and body by not chaining yourself to your laptop/tablet/phone.

Taking regular breaks will enable you to replenish your thinking, taking some time to consider the assets you want to trade, and whether now is the right time to enter the market. Walking is scientifically proven to improve your brainpower – so why wouldn’t you take a stroll?

Alternatives include other forms of exercise, listening to music, cooking a nice meal, spending time with friends and family, and so on. Anything that gets the endorphins rushing is a good idea.

 

Know your limits

Some people are target driven – it helps them to have a clear goal in mind to avoid uncluttered thinking. This can actually be really beneficial to traders, who can set a profit target and stick to it.

However, just as important is setting loss limits, which are a pre-defined amount in a trading session that makes you go ‘okay, enough is enough’ before walking away from the action.

Of course, the stop-loss tool available in many software packages is exactly as above, but there are many traders who prefer hands-on, manual activity – in which case, setting your own loss limit is sensible. You can even write it down on a Post-it note and stick it to your device so that there’s no way that you might ‘accidentally forget’ when things are going well/badly.

 

No FOMO

Trading has a wonderful community of newbies, amateurs and professional investors who all do their bit to cheer each other along and aid improvement.

However, that brings with it challenges – especially when your fellow investors speak of their trading wins and profits.

So, learn to switch off forums, messaging services and groups during your trading and immediately afterwards – there’s nothing like a bout of FOMO to lead you into bad moods and bad decisions.

The share markets have popularly been showcasing an unrelenting growth over a long period. Seldom a drastic fall takes place like the 2008 global crisis, where the markets plunged beyond imagination. However, small-time investors can make money come what may. This can be true if you make trading on the news and market insights usage vital to your investment strategy. If you are an intraday trader, you may make use of the news on multiple occasions. A long-term user intermittently makes use of such information. If you want to make an ingenious portfolio, trading on the news is crucial for sustained returns, whatever be your strategy.

The Classification

Shortlisting and identifying the right source of information is very important. Verifying the credibility of news before indulging in its optics is very critical. It is essential to keep track of the market news and opinions. You should avoid having a herd mentality and not ride on news of someone else’s investment. The trick is to identify the breaking investment news and invest accordingly. The change in policy stance for a particular industry by the authorities or alteration of lending or borrowing rates may act as such facilitators.

The key to not get misled by a piece of wrong information is to read the financial news from a reputable source. Thereby, not making a wrong stock choice, which will ultimately impact your portfolio. For example, you can use tricks to ride on the regulator news. If the news and the market conditions forecast regulatory cuts and curbs in the economy, you may short on the counters that will get affected most by the decision. It will give you a chance to earn even when the market is going down.

Subscribing to authentic and reputable news agencies can be a great help. It can help you as an investor to have credible news and better market insights. Trading platforms help investors with expert opinions, actionable tips based on breaking news, and thorough analysis. Investors can use the information to execute better trades and earn higher returns on their stock investments.

However, the fundamental logic of a common-sense observation helping to infer better will always remain the crux of the story. Deducing a product demand change due to change of any market variables may help spot the future scope. Any assumptions that you make should have substantiating data from credible sources. The market news can come under two buckets to make better sense of all the information:

The impact of the news can be on a single stock, the industry, or the market as a whole.

The Trading

Let us dive into the news events, which the investors can keep track of and employ tactics to ride on the sentiment and make a buck for themselves.

Policy-Maker Announcements

The Bank of England's policy change decision announcements are the biggest factors that affect the market movements. Investors have to be wary of such information and trade carefully.

The ongoing pandemic has seen many alterations in the policy as well as the interest rates. An investor who keeps a tab of such news may hedge a potential downside risk or increase the position to ride on the momentum.  Reactive moves after the announcement of the policy changes often do not benefit like proactive actions. For both the approaches, be it proactive or reactive, your action on the piece of news depends on several variables. It may include, though not is limited to:

Employment Ratios

The employment ratio is a crucial economic variable that you should take into consideration. Employment levels determine the demand in the economy. You may keep a close watch on these numbers. The employment level has a significant impact on consumer spending. It in turn determines consumer confidence and thereby the trade movements across the various domains.

You may also take note of the fact that when the job numbers are below economist’s forecasts the economy shows signs of weakness. While a higher number than predicted means a stronger economy.

Company Disclosures

When you invest in a particular stock, being aware of the earning disclosure, annual meetings, or launch dates is crucial. Information without action is of no value. Hence, you may have an action plan concerning your trading strategy in the post and pre-disclosure period. Various factors may contribute to your decision to buy, sell, or hold the stocks during these periods:

So do not get carried by any information about the stocks, any company, or the market. Have a better understanding of the news from reputable sources. You may go through the financial advisory web portal that is credible and help with the market insights. Working solely on a hunch is not advisable.

Many people who participate in ordinary online securities activity suffer from information overload. This condition typically arises when your trading platform offers a hundred or more technical indicators that all claim to be the next wonder of the world.

The problem is that too much data can drown you in a sea of indecision and make trading more difficult, not easier. What's a trader to do? The answer for many lies in choosing just two or three indicators and sticking with them until you get a feel for how they operate in real-world conditions. Here are some of the most common ones that experienced investors use with confidence. Consider trying each one out on a simulator to understand how to read the information they provide.

SMAs

Without a doubt, moving averages are the most frequently used tool for investors of all experience levels. There's just something about averages that's easy to understand and takes a lot of the mystery out of looking at a raw price chart. SMAs, or simple moving averages, are just that, a mathematical average of a set number of daily price closings. You can choose to view any average you wish, but 50-day and 200-day lines are already traced onto most charts. The most basic rule is when the 50-day moving average crosses above the 200-day line, that is said to portend an upswing in price.

Relative Volume

RVol, or relative volume, is a handy, intuitive indicator that reveals a lot. The reason many love it is because it doesn’t rely on price, but on volume of shares traded within a given time period. Then, the indicator gives a value that shows how the current volume compares to an average volume. Combined with moving averages, the RVol can uncover all sorts of interesting information about a security.

You can use relative volume to predict home run trades. If you’re looking for more information on the topic, YouTube is a great resource. There are plenty of videos that will show you how to transform your skills with this simple technique. Volume changes, compared to typical numbers, can show that traders are scrambling to buy up any additional supply of the security. Likewise, when RVol values are quite low, that could be a sign that no one wants to acquire the shares, for whatever reason.

EVAs

Exponential moving averages take the concept of the SMA one step beyond. What the EVA does is weigh the most recent pricing data more heavily. That single change in the equation means you get a more accurate picture of what's happening from day to day, and minute to minute. This same method is used in many disciplines, particularly in sports ratings when teams' recent wins are given more importance in relative rankings than victories that happened many months ago. The thinking is that recent performance is a better gauge of ability than something that took place long ago.

If you’ve ever spent any time betting on sports before, you may well have come across a few different ways to wager your wad. Have you ever considered betting on the FTSE 100, however?

Spread betting is enormously popular. However, there are quite a few myths and mistruths about the betting standard that are worthy of attention.

In the long run, it’s a really good idea to look into UK spread betting brokers. However, in this guide, we’ll start by looking at the basics and your profit potential.

What is spread betting?

Spread betting works similarly to sports betting. That is, in the sense that you place a wager with a bookmaker on whether or not a specific index is going to increase or decrease in value. Effectively, it’s a form of trading that appeals to casual market enthusiasts. That’s because, as a system, it is relatively simple compared to deeper trading strategies.

Spread betting can also be appealing in the sense that you won’t have to pay any CG tax on profits. What’s more, the markets are absolutely huge! You can choose to bet on a variety of shares and indexes, and there is a plethora of software out there to help you manage your portfolios.

But the killer question, again, is – can spread betting actually be profitable?

When spread betting is profitable

As with most market trading concerns, spread betting can sometimes be hard to predict. That’s largely where the idea of ‘betting’ comes into play. You’re taking a chance.

However, many trading experts – those with experience in spread betting – will likely advise you need to set up long-term plans for spread betting to actually work well. You need to be exceptionally careful in the brokers you choose, as well as to look at betting (in this sense) much like you are running your own firm.

Spread betting can be profitable if you are willing to put in time and effort. Of course, risk does pay off, but much like betting on football or horse racing, checking out form and ‘runner’ history also pays well.

Therefore, you can only really expect to make money from spread betting if you plan well in advance. It’s certainly tempting to take a punt every now and again, but when you’re muddling in the markets, you’re going to need to take a little more caution.

Is spread betting right for you?

That really depends on your own style of investing and betting. It’s not always as straightforward to say that someone who enjoys betting on racing or football will necessarily get on well with the markets.

The best thing to do, therefore, is to look closely at your profit potential and to dig deep into how the markets work. That way, you could turn your hard work and research into a serious side hustle for years to come.

When it comes to establishing the journey that will lead you to achieve the greatest points of crypto success, you have to make sure that you have all of the additional segments into consideration. This is of great importance because if you are interested in reaching the ultimate points of achievement and earning insane amounts of profits, then you should explore every possible aspect of the crypto process. To begin the actual journey of this notion, you will get a chance to go through the most important decision-making process that will determine the whole future outcome. This is where you will have to settle on which crypto aspect you are going to explore. If you have been interested in the trading concept of the crypto world, then this article is the perfect starting point for you.

Having all of this explained, in order to make the next big step that will allow you to begin the overall crypto trading process, you will have to focus your attention on a specific digital value. All of this will help you narrow things down, thus allowing you to explore all of the important trading points that Bitcoin has to offer. Here, you will be able to explore the most prominent digital value, thus learn all about your role as a future Bitcoin trader. With all of this in mind, it is time to start the actual trading process, thus explore the most innovative Bitcoin trading solutions that will come your way.

Let’s begin with the most valuable Bitcoin trading tips.

Find a User-Friendly Bitcoin Trading Platform

Starting this segment, the most significant tip that we have to suggest that will help you establish the beginning stages of your trading journey is the notion of finding a suitable and user-friendly trading platform. This is the case just because if you are just now starting to explore the world of Bitcoin trading possibilities and you have little to no trading experience, then you should start by exploring the concept of using Bitcoin trading platforms.

This is probably one of the most innovative trading solutions that have been created in a way to give people that are interested in the world of crypto trading a rather equal chance at reaching the points of success. This method is based on the latest technological advances and it is completely automated. Both features will give you the needed push into the right Bitcoin trading direction.

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Follow the Clear Bitcoin Trading Platform Steps

Once you have successfully found the specific method that you should like to explore, you can access Bitcoin trading sites and thus explore all of the additional features that are incorporated within these popular Bitcoin trading platforms. This is where you will be able to explore every possible aspect that the usage of these platforms has to offer, thus focus on exploring the most profitable trading deals.

To begin the actual process of Bitcoin trading using this particular method, you will have to begin with the creation of your online trading account. This segment is rather simple to achieve because you will get a chance to follow the quick and easy registration form. Here, all you need to do is provide all of the required information, place a strong and secure password, and approach the next big step of your trading journey. Once all of this is completed, you will have to place the initial trading deposit, thus activating the most powerful trading algorithm.

Closing Remarks

Make sure to incorporate all of the significant trading points that we have discussed so far, thus approach the concept of reaching Bitcoin trading success.

These days Bitcoin is as valuable as gold and thanks to that fact, thousands of people are looking to invest in it and make a profit. Trading with this cryptocurrency has become a very popular occupation. Not only that but there are many stories of how Bitcoin changed the lives of many people and even managed to turn some traders into overnight millionaires.

Recently, the number of traders that are registering to Bitcoin’s network has been increasing a lot. The main reason for that is because experts believe that Bitcoin has the potential to rise even more and possibly reach $100,000 by the end of 2021.

That is exactly the topic that we wanted to discuss in this article. We’ll be taking a look at the two main reasons which lead experts to believe this claim. But, before we dive into the details, let’s check Bitcoin’s current state.

Current State

At the moment, Bitcoin’s price fluctuates around $40,000. Back in April 2021, it peaked at $63,000 but dropped in value shortly after. Even though Bitcoin was stable for the bigger part of 2021, the sudden drop in value is what attracted traders as they see this as a golden opportunity to invest in Bitcoin.

They use trading sites to sell their Bitcoins after they earn them. Trading sites have become extremely popular in the recent period due to the fact that they provide traders with fantastic services, one of which is an AI system that is capable of determining the future price of Bitcoin.

It collects all the data about his cryptocurrency, analyses it, and then shares the results with traders. Thanks to the AI system, traders can battle the volatility rate and maximise their revenue. Reputable trading sites use this type of software and have a very high profitability rate.

Apart from making a profit with Bitcoin, this cryptocurrency is currently accepted as a payment method at many global brands. The list includes the likes of Starbucks, Microsoft, Wikipedia, AT&T, Overstock, and Home Depot.

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Now that we’ve cleared up everything there is to know about Bitcoin’s current state, let’s check out the two main reasons behind Bitcoin’s potential rise in value.

The Institutional Interest

The first reason why Bitcoin is expected to rise in value is the massive institutional interest. We mentioned that there are tons of global brands that accept it as a payment method. If you are wondering how that influences Bitcoin’s price, it is because they are contributing towards its stability. The more stable Bitcoin is, the higher its value will be.

Speaking on that note, it is worth noting that Bitcoin’s price rose drastically after the famous Tesla investment. Not only did Tesla manage to spike the value of Bitcoin by more than $4,000 in a few days, but it also motivated many other companies to invest and integrate Bitcoin into their systems.

Halving Events Lead to It

The second reason as to why it is believed that Bitcoin will rise is halving events. History showed us that Bitcoin always peaks a year and a half after halving events end. The last halving event was held in May 2020.

With that logic in mind, a year and a half will pass in the fourth quarter of 2021. While experts do not have an accurate date of when Bitcoin’s value will spike, it is expected for it to be around November.

These two reasons are extremely reliable and backed by facts, which is why many traders believe them and are already looking to invest and possibly make a profit.

In February, Tesla joined the exclusive club of companies that support Bitcoin. The car manufacturer managed to shock the stock market after they announced that they invested $1.5 billion into this cryptocurrency. In doing so, they expressed their full support for Bitcoin and everything that it stands for.

It goes without saying that this massive investment caused a lot of stir. That is exactly the topic that we wanted to discuss in this article. We’ll be taking a look at the impact of the Tesla involvement with Bitcoin and see whether it was good or not. Let’s dive into the details.

Tesla Accepts Bitcoin as a Payment Method

Shortly after they invested in Bitcoin. Tesla announced that they would accept this cryptocurrency as a payment method, which has massive benefits for all the users. The first and most obvious benefit is the fact that they will be able to use this cryptocurrency to purchase some of the best vehicles on the market.

The second benefit is the fact that Tesla is a major global brand that supports Bitcoin and thus contributes towards its stability. Just for the record, some other global brands that support Bitcoin are Microsoft, Shopify, Expedia, Overstock, Whole Foods, Starbucks, Wikipedia, and AT&T.

The Price Surge

The best outcome from their investment regards Bitcoin’s price, though. Just before the $1.5 billion investment was announced, Bitcoin was valued at around $47,000. After Tesla went public, Bitcoin’s value sky-rocketed and went over $50,000.

The massive surge attracted numerous traders who were more than happy to start trading with Bitcoin and make a profit out of the recent events. As you know, Bitcoin has a very high volatility rate and events such as these can have a massive impact on its price.

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Bitcoin trading sites subsequently recorded a massive rise in the number of registered traders. These are reputable platforms that offer great services to all registered players and have a very high profitability rate. Thousands of new people joined the networks and tested their skills to see whether they could make a profit out of the current Bitcoin situation.

Many Companies Followed in Their Footsteps

It is safe to say that Tesla’s investment proved to be extremely effective and efficient for both Bitcoin and the company. Why? Shortly after their investment, it was reported that Tesla earned $1 billion in profits. Not only that, but the rumours alone drove their stocks and allowed the company to bag $100 million.

So, many other companies decided to follow in their footsteps and invest in this cryptocurrency and integrate it as an accepted payment method. As for the reason why are they willing to trade with Bitcoin, it is because Bitcoin has numerous advantages over regular payment methods.

For starters, all transactions are instant. Due to the fact that banks are excluded from the process, the users can mine Bitcoins, thus process the transactions immediately. Not only that, but fees are also not charged. And finally, Bitcoin utilises a method called cryptology. Thanks to this technology, all Bitcoin users gain a certain level of online anonymity and boost their security.

These advantages are beneficial to both companies and customers as they are able to purchase products and services in a much more efficient manner.

Conclusion

As you can see, the impact that Tesla had with the Bitcoin investment was major and extremely positive. Not only did it allow the price of Bitcoin to rise, but it also contributed to its stability. Many other companies also followed in their footsteps, and thanks to the increased interest, experts believe that Bitcoin can rise as high as $100,000 by the end of 2021.

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