Author

Topic: Bitcoin speculation and spreadbetting advice (Read 289 times)

newbie
Activity: 29
Merit: 0
January 03, 2017, 07:51:28 AM
#1
Hello,

A little background info,
I'm new to trading and spreadbetting in general...I took a punt on bitcoin over a month ago with play money on a trading plartform, if only it had been real ! I began to read more about bitcoin believing I found a secret commodity/currency very few people know about. This is until I spoke to a relative who knows nothing about trading but said everyone relatively educated knows about bitcoin and potentially should change all my friends who clearly aren't educated or live under a rock.

Basically I'd just like some advice in spreadbetting terms....if I sell now with a small profit when I've bought 0.1 pounds per point and then potentially I have enough money to trade at 0.3 pounds per point, is this worth it ?? Or am I better off holding out and seeing how far my 0.1 pound per profit goes ? From what I've read I'm going on the speculation that bitcoin will continue to rise over the entire year.

Apologies for being a novice, any advice would be appreciated. Good luck everyone !

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