Category: Bitcoin

Is Bitcoin mining still profitable in 2018?

Is there still a chance for me to reap profits through Bitcoin Mining in the current mining scenario? This is probably the most common question Dubai, UAE and in general Middle Eastern traders have these days when considering investing in Bitcoin and it is actually an important one. Bitcoin mining...

How to Avoid Losses When Bitcoin’s Price Fluctuates

Are you one of those unlucky crypto investors that bought Bitcoin in December 2017 at its all time high price of $20,000 and are now worried with the crash that’s reduced its price to $6000? You do not need to be worried. Do you know this is Bitcoin’s 314th death...

Bitcoin for Beginners in Middle East

A few years back Bitcoin, was literally worth nothing. But that fact is a thing of the past; its current value is more than 7000 US dollars. Bitcoin is decentralized which means that it is not owned by a central bank or a government. Bitcoin trading is simple and the...

Cryptocurrency Stop-Loss Strategies

Probably the hardest part in cryptocurrency trading in UAE is to reduce your losses. The sudden increases and decreases in a coin’s value is what make stop-loss strategies so important.  So, what is stop loss? A stop-loss order helps to reduce your losses in cryptocurrency trading. Let’s suppose you buy...

How to avoid pitfalls in Bitcoin trading

Bitcoin transactions are irreversible, this compels you to be extra careful while making a purchase, a sell order or payment to others in crypto as even a minor mistake can cost you. Besides this, the volatility of the cryptocurrency market makes Bitcoin trading quiet risky but you can avoid some...

Why Bitcoin Matters?

A strange new digital currency produced by anonymous researchers appears out of nowhere and the world goes crazy over it. Yes, we are talking about bitcoin! Bitcoin trading in Dubai is supposedly the new trend. Nowadays, you might be hearing many people talking about cryptocurrencies and stuff like that. Let...

Why you should invest in Bitcoin?

Bitcoin is a technology and algorithm based digital currency. The demand for Bitcoin drives its prices as it is a universally accepted decentralised mode of payment. International traders can save a lot in terms of avoiding currency conversion costs and delays in payments. Bitcoin was priced at $0.06 in 2009...

Dynamics of the Cryptocurrency market

The crypto market is dynamic not just in terms of prices but also in its market capitalisation, share of digital currencies and their regulatory guidelines. The total market capitalisation of cryptocurrecies is increasing rapidly; it increased almost three-folds in a year to $25 Billion in 2017. The cryptocurrency users are...

How to sell Bitcoins?

Selling Bitcoins involves simple processes but smart planning to make the most of the Bitcoin investment. You can sell Bitcoins via direct trades or at any cryptocurrency exchange where you have your KYC fulfilled account. The volatility of the Bitcoin price makes it important to strategically choose the time of...

Managing your Bitcoins Account

Bitcoins account needs your attention unlike the traditional bank accounts which are managed by centralised institutions and are mostly considered secure. When you buy a Bitcoin you need to store it in your Bitcoin wallet securely. There are so many different types of Bitcoin wallets to choose from and each...

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