Online trading is defined as buying and selling of shares electronically through BSE, NSE, and MCX integrated platforms. In Western countries, online trading is considered to be one of the ever-popular and most functional activities.
A Bitcoin is a computer file that gets stored in a ‘digital wallet’ application on a mobile phone or computer. Bitcoins can be sent to one’s personal wallet or to another user. All the transactions are recorded in a public list called the blockchain.
As a new user, you may get started with Bitcoin without understanding the technical features. Once you’ve installed a Bitcoin wallet app on your computer or mobile phone, it will generate your first Bitcoin address into your device and you can create more whenever required. You can share your addresses with your friends so that they can pay you or you can pay them. In fact, this is pretty similar to how email works, except that Bitcoin addresses can only be used once and for all.
-Higher Liquidity compared to other cryptocurrencies
-Has wide acceptance as a payment method all over the world
-International transactions are easier than normal transactions using money
-Lower transaction fees let everyone use it.
-Anonymity is relative to traditional currency.
These are some benefits to note if you are a new user of bitcoins.
Matthew Haye is a happy go lucky small scale businessman. He runs a supermarket chain that constitutes a total of 5 super markets across the Spanish city of Bilbao. Mr. Haye barely gets high profit in a year. He just gets profits that keep his business running for the time being.
Recently, to his shock a new supermarket chain has been established in the same region. Mr. Haye now needs to increase his stock and attract customers with various offers in order to withstand the competition. But his lack of profits stopped him from investing money. He didn’t have enough funds to buy everything he required. He then came to know of a trading app through one of his employees.
As a last option and upon his employee’s suggestion, Mr. Haye invested all of his savings in that app and bought bitcoins of the same worth. The app automatically scanned through all the share market and suggested the shares of a company which happened to have a financial breakthrough recently. Mr. Haye bought some of the shares of that company using his bitcoins.
The next day, his savings came back with a profit of over 65%. He then disposed all his remaining profits into the app and bought huge number of bitcoins. And then he sold those bitcoins at the right time according to the app. This helped Mr. Haye recover his business and redo, refurbish all of his markets.
This is the story of Mr. Haye who got into bitcoin trading at the right time in his life and that changed his life forever. He became the unbeatable supermarket
Tycoon of Bilbao.