for traders. First, bitcoin is very volatile. As much as possible, do not store your cryptocurrency at the exchanges because they can be hacked. Remember that cryptocurrency is simply software. When in doubt, buy Bitcoin. Of course, there is no guarantee that these things will move the market. If you find that a cryptocurrency does not have a good wallet solution yet, that could be one signal that it is undervalued.
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Unlike investors, traders view Bitcoin as an instrument for making profits. Others will explode in a giant ball of fire. Don't get me wrong, I'm not calling anyone dumb. If you are interested in trading Bitcoin then there are many online trading companies offering this product usually as a contract for difference or CFD. Placing an order at a specified price is called a _limit order._ Before placing an order, be sure to check the orderbook for your trading pair.