Welcome to the Official Site of BitQS.
The team at BitQS truly believes that Bitcoin will play a huge part in the future of finance. There’s never been a better time to start investing in cryptocurrency. As an asset class, crypto might be volatile, but it is still growing, and it is not too competitive to get started investing in crypto yet. This is why the time is now.
If you don’t have a background in finance, you might be wondering what a cryptocurrency actually is. In short, a cryptocurrency is a digital currency. You can’t handle Bitcoin or any other crypto physically in the same way that you can cash. If you want to exchange or buy some quantity of a cryptocurrency, you need to complete the entire process online.
When you decide that you want to start buying or trading a cryptocurrency, you need to set up a wallet. Your wallet is generally attached to a particular device or computer, and it’s where you store your cryptocurrency once you’ve bought or received it. Then, you can use the crypto to pay for certain services, or you can transfer it to other users.
While the possibility of paying for goods and services with crypto is quite limited, this is slowly changing. More and more major retailers in the USA are starting to accept Bitcoin with online transactions, which points to a larger trend of digitalization of the economy and finance as a whole.
You may be wondering why Bitcoin is so well-known or why a lot of experts encourage traders to invest in Bitcoin over other cryptocurrencies. While it’s difficult to pin down why Bitcoin has become more prominent than other cryptos, it’s easier to explain why it is advisable to focus most or all of your crypto investments on Bitcoin.
Bitcoin is far larger than any other cryptocurrency. This means that you have many more options if you choose to trade in crypto and focus on Bitcoin. In addition, Bitcoin is already valuable, and despite its well-known volatility, it is still very popular. This suggests that the currency isn’t going anywhere. In fact, more and more people are getting interested in crypto, and with the world moving towards digitalization, cryptocurrencies and technology as a whole are likely to continue to acquire a larger, more prominent role in finance in the future.
Also, the fact that Bitcoin is so popular suggests it is a fairly stabler choice from an investing standpoint. The currency has many backers and investors behind it, which over time might well protect it from suddenly crashing or losing value, although big fluctuations are certainly possible and have happened before.
Unfortunately, such overall stability isn’t true of most cryptocurrencies. There are thousands out there, but none of them are as large or established as Bitcoin. Since cryptocurrencies aren’t regulated, this makes them far riskier to invest in.
Bitcoin was launched in 2009. Since then, it has exploded in popularity and public interest. While it wasn’t the first cryptocurrency to be developed, it was the first to gain any major attention or value. Bitcoin has subsequently paved the way for thousands of other cryptocurrencies. Many of them aim to compete with Bitcoin by offering features or perks that Bitcoin lacks.
Today, Bitcoin is essentially a household name. The best indication that it is far from being a fringe or risky investment choice is that some major retailers in the USA are actually starting to accept Bitcoin as a payment method for online transactions. This also points towards a larger trend of digitalization in finance. Technology is constantly acquiring a larger role in everyone’s lives, and currencies are no exception.
You may be wondering how you can actually start investing in cryptocurrency. As with other asset classes, there are a variety of ways that you can sell, buy, and trade cryptocurrency for the purpose of investing. The most direct way is to purchase quantities of your chosen crypto. You can wait for the currency to gain value and then sell it.
This isn’t a method that is accessible to the average person, however. Currently, a single Bitcoin is usually worth over $20,000. Few of us have enough disposable income lying around to simply purchase quantities of Bitcoin and patiently wait until we can sell it. This is why exploring other means of trading Bitcoin is crucial for most people.
Another way that you can invest in Bitcoin is by purchasing shares or stocks in the company itself or other companies related to the cryptocurrency. Instead of paying for one or several Bitcoins, you only need to purchase the shares that you are interested in selling later.
Finally, you can use trading platforms to invest in Bitcoin. BitQS is one option, considered one of the most accessible and straightforward out there. The platform minimizes the hassle of trading online by giving you just the information you need to keep up-to-date on trends and fluctuations, thus making it easier to study the market from anywhere, at any time. Moreover, the platform connects you with a broker to help you create your trading strategy or tweak it when needed, which makes it easier for you to make smarter trading choices.
To put it simply, you invest any time you give some of your own money to a cause or company, with the expectation that your money can help it to grow in terms of value. People practice investing and trading in lots of different ways. There are different strategies and attitudes toward trading. Your style of trading determines how risky it actually is, as well as the kind of outcome you might receive.
When you have a more aggressive approach toward investing, you expose yourself to more risk. Risk is an inherent part of trading, though. It’s impossible to totally eliminate risk from the practice. This is why risk management is a crucial part of investing.
Many people work with a broker when they invest, especially if they aren’t very experienced in the practice or don’t have a background in finance. With BitQS, you enjoy both the freedom of a platform that allows you to trade on your own PLUS the benefit of a broker who monitors the market and can help you make educated trading decisions. However, the ultimate decision is always up to you, as you are the one who makes the trade on the platform.
Most financial advisors recommend that anybody who is financially independent learn to invest. Trading is a great way for you to support the industries or sectors that you believe in or feel passionate about.
All you need is a platform such as BitQS, making trading more accessible and offering you all the information you require to learn and improve using a one-stop shop.
The main reason that BitQS is so handy is you don’t need a background in finance or investing anymore to be able to invest. All you need is a minimum investment, and you can start learning the market as you go with the help of the platform’s features and your broker.
Yes, it is still a risky business, yes, you need time and dedication to get better at it, and yes, you might make mistakes at first, but that’s part of any learning curve. Practice makes perfect, and with the platform and the help of your broker, you may well become a skilled trader over time.
As mentioned above, risk management is a key element of any trading strategy. By understanding how risky your investments are and how much risk you are willing to tolerate, you can develop an approach to investing that works best for you. There are different ways to manage risk, with some being more fundamental than others.
If you aren’t completely sure of how much risk you are willing to tolerate, you should think about your financial goals. Also, you should think about how investing might help you achieve these aims. Finally, you need to consider how much money you could be willing to lose if your trading is unsuccessful. With this information, you should be able to figure out your relationship to risk as an investor.
You can then develop a strategy for your investments that ties in with your risk tolerance. For example, you may decide that you want to save up to buy a house within the next eight years. There is no reason for you to make reckless or aggressive investment decisions if that is your aim.
While it’s impossible to remove every element of risk from your trading, it would be irresponsible not to do what you can to limit it. Most financial advisors recommend doing exactly that for a reason. Often, when people have bad experiences with investing, it’s because they haven’t managed their risk in a responsible manner.
Your portfolio of assets should not be limited to a single class. Instead, you should try to find assets that appeal to you in a variety of different sectors.
Some asset classes are also riskier than others. For example, real estate is considered to be a relatively low-risk class compared to gold. If you decide to trade shares in asset classes that are inherently risky, it’s especially important that you limit the risk that comes with other elements of your trading overall.
Using platforms like BitQS doesn’t reduce the risks that always come with trading, but it is a way to become savvier over time by giving you all the data you need to analyze the market so you can stay abreast of trends and fluctuations; by being accessible anytime, an opportunity arises; and by lending you another helping hand, your broker who is there to advise and alert you when the right opportunities come up. To help the broker do that, you should share your preferences and limitations, and they will tailor those alerts to your needs.
BitQS was designed to be user-friendly and straightforward. You don’t even need experience in trading to be able to use the platform. All you need is a minimum deposit and the willingness to invest time and dedication to educate yourself as much as you can. It’s that simple!
Bitcoin is the most well-known and popular of all of the cryptocurrencies.
You can purchase Bitcoin online and exchange them with other users using a network called the blockchain.
No! All you need to do is signup for an account, make an initial deposit and start learning the ins and outs of trading with the help of BitQS and your broker
BitQS has been designed to be as easy to use as possible. You don’t need to be a tech expert to use the platform.