Make big profits with our investment, is the goal of most people involved in the crypto market. Luckily, there are a large number of financial products that allow you to get the greatest possible benefit from our investment. And today, we’ll show you how to use one of them, to explain how to trade CFD Bitcoin through a broker Plus500.
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What is a Contract for Difference?
Contracts for Difference or CFD are one of the financial products most important to the crypto market. Allowing those traders who use them to generate enormous profits or suffer serious losses, in a very short time. The same consist of financial instruments which allow the investor to predict the increase or decrease in the value of an asset. Perceiving as profit the difference between the initial price of the asset and the one that finally reached, if the prediction was correct, and losing this same difference if your prediction was wrong. Therefore, its operation is quite simple. An investor may decide to buy a CFD of Bitcoin, predicting that the price of the criptomoneda will increase. If indeed this is what happens, the difference between the initial price and the end of BTC, in connection with its investment, it will be your gain. This, of course, opens up an important opportunity, as well as a great risk to investors. Which is higher due to leverage, the option offered by almost all brokers of cryptocurrencies, that allows the trader to invest in an asset as if you possess several times the amount of money that actually has. By substantially increasing its earnings, as well as your losses.
Negotiate CFD Bitcoin with Plus500
Thus, it is clear that investment in CFDS Bitcoin is not an activity that can be taken lightly. Requiring not only sufficient knowledge to make appropriate decisions. But in addition to a platform that offers you the services and the confidence you need to operate with peace of mind. Luckily there is the broker Plus500 a platform for the exchange of financial products, specialized in the purchase and sale of Contracts for Difference other assets. Offering a leverage of up to 1:30 on your investment, as well as explanatory videos on the use of its interface and of CFD in general. In addition, one of the main attractions of trading at Plus500, is the ease with which you can begin to do that. Well, the only thing you need to do is create an account on their website, to send images of requested documents to verify your identity, and voila, you’ll be able to invest in this platform. From there, all you have to do is deposit the money you want to invest, and enter your center panel of Plus500. From where we will drive to “Negotiate”, then select the option “Cryptocurrencies” in the list of assets that offers us the broker to invest, as shown in the following picture: to Negotiate CFD Bitcoin it is very easy with the Broker Plus500 once you are there, you just have to select the option to “Buy” or “Sell” in Bitcoin, according to our investment strategy. That will display a menu where we will enter the number of CFDS that we will negotiate, and the levels of prices in which our operation will be closed automatically, to avoid losses or collect gains. In the panel of Plus500 can choose a few CFD Bitcoin negotiate once this is done, it will be sufficient to keep you in monitoring the performance of your investments, by clicking on the section “Open Positions” from the left menu. From where also cerrarás your positions at the time you consider it prudent. And in this way, with just a series of simple steps that can be done in a few minutes, you’ll be able to start to invest in CFD Bitcoin. Generating profits with this financial product, and taking advantage of the advantages that the broker Plus500 has for you.