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Bitget Learning Module 3, Episode 5: Introduction to Crypto Investing and Trading

In this article, we'll introduce you to the world of crypto investing and trading in a simple and straightforward way. Perfect for beginners, we'll cover the basics of buying and selling digital currencies, different asset types like NFTs and meme coins, and various trading strategies. Join us as we explore this exciting space, and discover how Bitget can support you on your crypto journey. Introduction to Investment and Trading | Blockchain Pro What is Crypto Investing? Crypto investing is like traditional investing, but with digital money. You buy cryptocurrencies hoping they'll increase in value over time. Unlike the traditional market, the crypto market is open all day, every day, offering unique opportunities and risks. After the success of Bitcoin and Ethereum, numerous cryptocurrencies have emerged, each with unique features and use cases. This has created a vibrant mosaic of investment opportunities. Exploring the Crypto Ecosystem: Assets and Use Cases Cryptocurrencies offer more than just investment growth. Bitcoin acts as digital gold, offering protection against the decrease in money's value over time. Ethereum goes further, supporting a variety of applications from finances to gaming on its network. Tokens like Chainlink play a crucial role too, securely bringing real-world data onto the blockchain. These examples show how investing in crypto can be about more than guessing which way prices will move. The variety within the crypto ecosystem includes NFTs (non-fungible tokens), coins, and meme coins. NFTs provide digital proof of ownership, especially popular in the realms of art and collectibles. Meanwhile, coins such as Bitcoin and Ethereum are the backbone of digital transactions and contracts, highlighting the broad spectrum of assets available in the crypto world. Creating a Well-Rounded Crypto Investment Portfolio Building a smart crypto portfolio means knowing the risks of each type of asset. For example, meme coins might quickly rise in value but can also be very unpredictable and risky. Even Bitcoin, which has been extremely successful over the years, has seen plenty of ups and downs. The secret to doing well with crypto investments is to diversify. This means mixing different kinds of assets like NFTs , traditional coins, and meme coins in your portfolio. By spreading out your investments, you can reduce the risk and navigate the crypto market's fluctuations more smoothly. From Building a Portfolio to Active Trading After setting up a diversified portfolio, another aspect to explore is crypto trading—the practice of buying and selling digital currencies for profit. Unlike the gradual approach of portfolio building, trading focuses on the short-term swings in the market. Crypto trading mirrors traditional stock trading but comes with its unique twists. It never sleeps, runs 24/7, and brings a level of volatility not often seen in other markets. This environment presents traders with both greater risks and the potential for significant rewards. Diving into the specifics, crypto trading can be broken down into three main types: ● Spot Trading : Buying or selling crypto directly and immediately. ● Futures Trading : Making a bet on what crypto will be worth in the future. ● Margin Trading : Borrowing money to trade more than you own, aiming for bigger wins but with higher risks. Each trading type offers its own pathway to navigate the volatile seas of the crypto market, catering to different strategies and risk appetites. Getting Started with Crypto Trading Understanding the diverse trading types lays the groundwork for diving into crypto trading itself. Embarking on this journey involves a few critical steps: ● Research: Dive into market trends and the workings of various trading types through Bitget Academy. ● Practice: Use demo accounts to get a feel for the market without risking real money. ● Start small: Test the waters before committing more funds. Mastery of effective trading also requires leveraging tools such as candlestick charts for monitoring price fluctuations and technical analysis to anticipate market movements. Additionally, employing strategies like stop-loss orders and trading bots can enhance efficiency and provide a safety net for your investments. Bitget: Your Trusted Crypto Trading Platform As you navigate the complexities of the crypto market, having a reliable partner becomes crucial. Bitget stands out as your trusted ally in the crypto trading landscape, providing an array of tools designed to enhance your trading experience. With features like in-depth charts, automated safeguards, and 24/7 support, Bitget is dedicated to empowering you to trade with greater intelligence and confidence. To make your trading journey even smarter, explore our Bitget Learning Module series. We are here to support all your crypto trading and investing needs.

The Crypto Countdown Begins: Bitget's Tool for Navigating Bitcoin Halving

In the dynamic world of cryptocurrency, staying ahead of the curve is crucial for investors. Bitget, one of the world's most reputable and popular cryptocurrency exchanges, has launched a groundbreaking tool that is set to revolutionize how investors approach Bitcoin trading: the Bitcoin Halving Countdown. This innovative tool is not just a tracker for the much-anticipated Bitcoin halving event; it's a comprehensive guide, offering invaluable insights and analysis to help investors navigate the complexities of the cryptocurrency market. Understanding Bitcoin Halving: A Catalyst for Change Before we explore the features of Bitget's new tool, it's essential to understand the concept of Bitcoin halving. Occurring approximately every four years, this event reduces the reward for mining new Bitcoin blocks by half, significantly impacting the supply of new Bitcoins entering the market. Historically, halving events have been closely tied to substantial price movements and bullish trends in the cryptocurrency market. Learn more about the Bitcoin Halving and its impact on the crypto market with our latest articles: Bitcoin Halving 2024: Top 10 Burning Questions Answered Bitcoin Halving: Will We Land on the Moon? Countdown to Bitcoin Halving 2024 The Historical Impact of Bitcoin Halving History of BTC Price - Source: Techopedia Since its inception, Bitcoin has undergone three halvings – in 2012, 2016, and 2020. Initially, miners received 50 BTC per block; this reward has since diminished to 6.25 BTC as of the last halving. These events are not just technical milestones but pivotal moments that redefine Bitcoin's economic landscape. The halving process will continue until around 2140, when the maximum supply of 21 million Bitcoins is expected to be reached. Each halving event has ushered in a new era of Bitcoin valuation and investor interest. The first halving in 2012 saw the block reward drop from 50 to 25 BTC, leading to a signific anT price increase. Similarly, the 2016 halving, which reduced the reward to 12.5 BTC, was followed by a remarkable bull run, culminating in Bitcoin reaching unprecedented heights in 2017. The 2020 halving, reducing the reward to 6.25 BTC, was no different in terms of its market impact. Bitcoin experienced substantial price fluctuations before, during, and after the halving. Starting the year at around $7,000, Bitcoin surged to over $55,000 one year after the halving. This pattern of pre-halving rallies and post-halving retracements has been a consistent feature across all halving events. Unlock the secrets of Bitcoin's value and price dynamics with our comprehensive guide: Bitcoin 101: Bitcoin Value and Price. Bitget's Bitcoin Halving Countdown: A Strategic Tool for Investors Recognizing the importance of this event, Bitget's Bitcoin Halving Countdown provides investors with a comprehensive platform to monitor the countdown to the next Bitcoin halving. It offers real-time tracking, analytical insights into past halving events, and educational resources to help users make informed investment decisions. Ready for the next big milestone in crypto? Click here to join Bitget's countdown to the Bitcoin Halving and be part of a moment that could redefine the digital currency landscape Real-Time Tracking and Analysis The tool offers real-time tracking of the Bitcoin halving timeline, allowing investors to stay updated to the second. It also provides analytical insights, drawing correlations between past halvings and market trends, enabling investors to understand the potential impact of the upcoming halving on Bitcoin's value. Educational Resources and Market Insights For both seasoned investors and newcomers, the Bitcoin Halving Countdown is a treasure trove of information. It includes articles, reports, and expert analyses, offering a well-rounded perspective on what Bitcoin halving entails and its historical significance. This educational aspect empowers users to make more informed investment decisions. Predictive Analytics and Future Projections What sets Bitget's tool apart is its forward-looking approach. By analyzing historical data and current market trends, the tool offers predictive insights into what the future might hold post-halving. This feature is invaluable for investors looking to strategize their investments around this event. The Future of Bitcoin: An Opportunity Not to Be Missed As we look towards the future, the Bitcoin Halving Countdown positions itself as a crucial ally for investors aiming to capitalize on the potential opportunities that the next halving might bring. With its comprehensive features and user-friendly interface, Bitget is not just offering a tool; it's offering a gateway to the future of Bitcoin investing. In conclusion, Bitget's Bitcoin Halving Countdown is a strategic partner for anyone invested in the future of Bitcoin. As we anticipate the next chapter in Bitcoin's history, this tool stands ready to guide investors through the exciting possibilities that lie ahead. Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at your own risk.

Bitget x Tether: The Gateway To Real-World Assets

As the crypto industry marches forward, the integration of tokenized real-world assets is inevitable. Tether, the stablecoin powerhouse of crypto, saw the need for more stablecoin varieties, and has been adding new options to lower the entry barriers for investors and traders worldwide. Being the devoted ally, Bitget is delighted to introduce two new stablecoins by Tether, EURT and XAUT, to our thriving 8 million+ user base. Stablecoins For Multiple Purposes Up until now, the US-Dollar has been dominating the fiat market and stablecoin peg, with Tether being the most trusted issuer at over 50% USD stablecoin market share. But blockchain technology’s impact isn’t supposed to be limited to a particular group; we are proudly enabling transactions and providing services around the clock on a global scale. It’s critical to ensure a secure experience that is (a) beginner-friendly, (b) easy to switch between crypto and everyday currencies (hence lower risks) and (c) indigenous to crypto to attract mass appeal. USD-pegged stablecoins came to the rescue, combining the strength of the US-Dollar and the low-risk nature of stablecoins. Tether is the issuer of the most widely used stablecoin, USDT. Owners of USDT have the right to redeem their tokens for USD, which will then be deposited into their bank account after verification. Similarly, Tether Euro and Tether Gold values are backed 1:1 by the Euro and the physical gold bars of the London Bullion Market Association (LBMA)’s Good Delivery standard. For many, USDT and EURT offer the perfect means of settlements; after taking profits from their crypto activities, traders and investors can cash out the returns without any hassle. Arbitrage trading is also popular among investors, while gold-backed stablecoins can act as a convenient inflation hedge as they are divisible (XAUT can be fractionated up to 0.000001 troy fine ounce) and do not require physical storage. On the go it is. Teaming Up To Lower The Entry Barriers For Users Worldwide Launched in 2018, Bitget has been home to over 8 million users, 55,000 professional traders and 100,000 influencers from more than 100 countries, who altogether achieve an average of US$10 billion in daily trading volume. That alone guarantees extremely active and liquid markets for our users. Initially, EURT and XAUT trading will be available on Bitget Spot Trading and Bitget Spot Grid Trading as follows:• Spot pairs: EURTUSDT and XAUTUSDT • Spot Grid pairs: EURTUSDT and XAUTUSDT As for other Bitget Spot Trading pairs, you can enjoy a direct 20% fee reduction if you use BGB to pay for your transactions! Read more on the topic here. Together, Bitget and Tether are persistently working on bridging the gap between the real world, Web2 and Web3. The listing of Tether Euro and Tether Gold opens up plenty of opportunities for Bitget users. First of all, European Bitgetters can now trade in their domestic currency, so practically the forex volatility between USD and EUR is removed. On-ramp and off-ramp should be easier, obviously, given that Bitget users can choose between our P2P market, our Quick Buy/Express, Credit/Debit card or via Bank Deposit to exchange their assets. On the contrary, the trading pairs of EURT/USDT and XAUT/USDT should come in handy for anyone seeking haven in market turbulence. Maybe the Euro lost its strength, maybe the Federal Reserve got hawkish again, you are thinking yourself into a recession, or you simply need to diversify your portfolio, tone down your risk a bit - there are various reasons for crypto traders and investors to make good use of these new listings. In addition, trading a familiar asset should appear to be more enticing for crypto novices, thereby pushing us one step closer to mass adoption. A Bitget speciality is the exclusive events accompanying our new listings with extra money to be earned. Stay tuned to not miss any guides or lucrative earning schemes: Twitter | Telegram | LinkedIn | Youtube | Facebook | Instagram Not yet a Bitgetter? Simply create an account, and start browsing through the meticulous projects in Bitget Innovation Zone immediately to keep up with the latest crypto trends!