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After having been some blend of neutral-to-bearish on Bitcoin since I initiated coverage in late 2017, I am now bullish.
Bitcoin trading works in exactly the same way as trading any fiat currency. When trading bitcoin on a CFD or spread betting platform, the trader does not actually own units of the actual currency. Trading bitcoin doesn’t need to involve any deep technical understanding of how the cryptocurrency works. Traders simply take a position on how they predict its price will move in.
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