Saturday, April 18, 2015

Practice makes perfect


Interested trading Bitcoin on an exchange? Practice is always helpful.

I came across a rather cool site today, coinarch.com. It’s an exchange with a few extras. Most importantly, it allows one to create a demo account and try out trading without any risk.

Why is that important? Bitcoin is a volatile digital currency and if you’re new to trading in general, it’s very easy to make mistakes that can really cost you when using “real” money.

The demo account is free, so go create one and “play to learn”. I recommend utilizing the demo account for at least a few weeks, this way you have more exposure to the Bitcoin market.

Once you’ve gained additional knowledge, then you can decide if trading is for you!

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