The Cash Diaries

My experiments investing and copytrading

Category: Cryptocurrency (page 1 of 4)

How to make money investing and trading Cryptocurrency

eToro is paying Premier League clubs with Bitcoin

eToro is making history by paying for an advertising deal using Bitcoin!  If you watch the premier league then chances are you’ve noticed advertising for eToro but what you might not have known was this deal was paid for using cryptocurrency.

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How to trade CFDs Using Bitcoin

Instead of just holding Bitcoin in the hope of profits, did you know you can use it to trade stocks, forex and other cfds.  In this post I’m going to share with you three different platforms where you can use Bitcoin to trade CFDs and why using Bitcoin has some great advantages.

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How to get started investing in Bitcoin on Coinbase

Looking to get started investing in Bitcoin?  One of the best places to begin is on Coinbase.  It’s the broker I use for most of my Bitcoin purchases and in this post I’m going to share how you can get started investing with them as well.  And the best news is that you don’t need thousands of dollars to get started.  You can buy into bitcoin with just a few dollars.  Read on to find out how:

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How to invest your Bitcoin

So you have a stack of Bitcoin.  You could just hodl it or you could try and turn it into even more Bitcoin.  The market at the moment is pretty flat with not much happening.  That makes it the perfect time to invest your Bitcoin and grow it into something larger.

In this post I’ve put together some different options for investing using Bitcoin and also some things you need to be aware of.
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1Broker vs Whaleclub: Which is best

Both 1Broker and Whaleclub are trading platforms that let you trade using Bitcoin.  Instead of depositing fiat currency you deposit Bitcoin.  And then you can use this Bitcoin to trade stocks, forex, commodities and more.

I’ve traded on both of these platforms so if you’re stuck trying to figure out which one to join, let me help:

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Trading Cryptocurrencies on eToro

eToro is a popular trading platform for stocks and forex.  But did you know they also offer a huge range of popular cryptocurrencies for trading.   I’ve been trading cryptocurrency on eToro for a while now and I wanted to share some of my tips and explain how it works.

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Why you should buy bitcoin while the price is down

So why should you buy bitcoin while the price is so low?  Well the answer is simple – because you shouldn’t buy bitcoin when the price is high.

Buy Low, Sell High

I can’t guarantee that the price of bitcoin will go up again.  But I can guarantee that you won’t get rich if you buy bitcoin when the price is high.  The number one mistake investors make is jumping into an asset when the hype takes off.  But by then, the price usually has already gone up.

The smart money buys in when the hype dies down and when the price is low.

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Get free Bitcoin on Coinbase

Coinbase is the worlds largest seller of Cryptocurrency.  And in my opinion it’s the best place for people to buy Bitcoin.

Did you know that you can also get $10 free worth of Bitcoin on Coinbase?  So don’t just sign up, make sure you register through the link below and we both get a nice little bonus 🙂

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Should you trade on Whaleclub

Whaleclub is a trading platform that lets you trade forex and stocks using Bitcoin.  If you’ve ever wanted to buy stocks or trade the currency markets using your cryptocurrency as a base currency, then whaleclub might be a good choice for you.

But I don’t think Whaleclub is for everyone.  And this post I’m going to break down some of the things you need to be aware of before you start trading.

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5 features I love on eToro

eToro is quite a unique broker that differs greatly from traditional brokers.   They use a custom built platform that is built around the concept of combining a social network with a trading platform.  eToro is my broker of choice, so I thought I would run through 5 of the features that make it stand out from the crowd and that I love.

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