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      "body": "Hello welcome to Steemit world! \n I'm @steem.history, who is steem witness. \n This is a recommended post for you.[Newcomers Guide](https://steemitdev.com/guide/@steemitblog/steemit-a-guide-for-newcomers) and [The Complete Steemit Etiquette Guide (Revision 2.0)](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) and, recommended community [Newcomers Community](https://steemit.com/trending/hive-172186) \n I wish you luck to your steemit activities.<center> \n \n \n https://cdn.steemitimages.com/DQmXHwdcNs5VPcBft1iSosPdHLpBNBfjuG84g3ffWhMw5JQ/image.png \n <sub>(The bots avatar has been created using https://robohash.org/)</sub> \n @steem.history \n \n ### My witness activity \n - [My aspiration for STEEM witness](https://steemit.com/hive-185836/@steem.history/my-aspiration-for-steem-witness-1601280729) \n - Provides information on Steem.  \n [Reference](https://steemit.com/trending/hive-130095) \n - Supporting the Steem project. \n [SPUD4STEEM project](https://steemit.com/trending/spud4steem) \n - Supporting the community. \n [Newcomers Community](https://steemit.com/trending/hive-172186),[Steem Sri Lanka](https://steemit.com/trending/hive-133716) ,[WORLD OF XPILAR](https://steemit.com/trending/hive-185836), [GLOBAL STEEM](https://steemit.com/trending/hive-145160), [Scouts](https://steemit.com/trending/hive-181136), [Latino Community](https://steemit.com/trending/hive-188619) \n \n ### My featured posts \n - [The Complete Steemit Etiquette Guide (Revision 2.0) -Homage](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) \n \n [![image.png](https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)](https://steemlogin.com/sign/account-witness-vote?witness=steem.history&amp;approve=1) \n <sub>please click it!</sub> \n \n ![image.png](https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png) \n <sub>(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)</sub> \n \n </center>",
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      "parent_permlink": "cryptocurrency",
      "author": "marge29",
      "permlink": "understand-the-advantage-and-disadvantage-of-cryptocurrency-trading",
      "title": "UNDERSTAND THE ADVANTAGE AND DISADVANTAGE OF CRYPTOCURRENCY TRADING",
      "body": "![Uploading image #1...]()\n\n![Uploading image #2...]()\n\n![Uploading image #3...]()\n\n![1274601.jpg](UPLOAD FAILED)\nBitcoin is a digital currency that may be spent, saved, or invested, but it can also be stolen. Trading with Bitcoins was always thought to be dangerous, but recent trends suggest that it has become a huge hit in the binary options industry. There is no central body or government that regulates this decentralized money.\n\nWhat factors influence Bitcoin's price?\n\nThe price of Bitcoin is governed by the supply and demand ratio. When demand rises, prices rise, and when demand falls, rates fall. The number of bitcoins in circulation is finite, and new ones are created at a glacial pace. Its price might be particularly volatile because it lacks sufficient cash reserves to impact the market price.\n\nBitcoin trading platform for binary options\n\nBinary options firms are becoming more familiar with Bitcoin's popularity and its constantly fluctuating values. As a result, they are taking advantage of this opportunity to provide traders with the most recent volatile crypto-currency as a payment option. Among the Bitcoin brokers who provide crypto-currency as a trading option are:\n\nOne-touch option - AnyOption or one-touch option can be used to trade Bitcoin. The most popular currency pair right now is BTC/USD.\nSetOption - The most recent asset trading option is BITCOIN/USD.\nBitcoin brokers offer an easy-to-use online trading platform. All you have to do is go to their website, fill out the required information, and create an account. You can start with a demo account to get a feel for how the market works.\n\nThe trading screen is straightforward.\n\nChoose a price direction (UP/DOWN).\nChoose a timeframe.\n\nIs it safe to trade Bitcoin?\n\nThe Bitcoin network is possibly the world's most widely distributed computing project. The most common weakness in this case is user error. Bitcoin wallet files, like any other digital file, can be lost, stolen, or deleted inadvertently.\n\nUsers, on the other hand, can use sound security strategies to keep their money safe. Alternatively, you could select service providers who provide high-level security as well as loss or theft insurance.\n\nBitcoin trading is popular as a result of -\n\nLow inflation risk - The biggest issue for traders is inflation, because all currencies lose some of their purchasing power when the central banks continue to print more currency. Because the Bitcoin minting system is limited to only 21 million Bitcoins, inflation has little impact.\nLow risk of currency collapse - Currency fluctuations are influenced by government trade policies, which can cause hyperinflation and even currency collapse. Bitcoin is a virtual universal currency that is not controlled by any government.\nSimple, safe, and inexpensive - Bitcoin payments are made between peers without the use of an intermediary, which makes them simple and inexpensive.\nSimple to transport - Bitcoins worth millions of dollars can be carried in your pocket or on a memory stick. This is impossible to accomplish with gold or cash.\nUntraceable - Because Bitcoin issuance is not regulated by any government, the risk of seizure is nil.\n\nI hope you enjoy and learn some information about cryptocurrency trading here in my vlog :)",
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