Bitcoin’s history of volatility and bubbles has perhaps done more to bring in new users and investors than any other aspect of the crypto currency. Each Bitcoin bubble creates hype that places Bitcoin under the spotlight. The media involvement has assuredly lured more people to leverage on the presented opportunities to become involved. More people are wanting to trade and move their funds more anonymously at lower fees. Bitcoin trading is both unique and exciting.
Bitcoin’s value has reacted to a wide range of global events, like China’s depreciation of the Yuan to Greek capital controls but since it is not a fiat currency, the price isn’t directly correlated to a traditional economy or policy of any single state. Experience has shown that general economic panic and uncertainty has often driven the price of Bitcoin to rise.
Unlike the stock markets, Bitcoin trading portals operate 24/7 and since there is no central regulatory party in the market, there is also no official Bitcoin price as well. This thus creates arbitrage opportunities, but most of the time exchange rates stay within the same general price range. Bitcoin is also well known due to its rapid and frequent price discrepancies. Looking at the daily charts it gets easy to spot multiple days with swings of 5% or more. Bitcoin’s unpredictability creates exciting new opportunities for traders who can reap quick benefits at anytime.
Here below is a list of the best Bitcoin trading sites available