It is very profitable, however, the spreads are too huge to endure. It is completely different to the other trading instruments that have a very consistent and affordable spreads. For Bitcoin, the spreads are more than 10 pips.
I think so. My friends used this kind of instrument and they earned a lot of money despite the huge spreads. I am planning to follow their path but as of now, I don't have much money to maintain my account.
Bitcoin is not available to whom I've traded with. I wonder how long does it take to generate profits using that currency. I heard from a friend that Bitcoin is one of the most profitable yet the spreads are too high compared to the other currencies.
Yes, it is very profitable to use Bitcoin as the primary trading instrument as it is the most high valued instrument nowadays. It is very profitable however, the spread of Bitcoin is somehow unaffordable.
Most of my friends prefer to trade Bitcoin as it more profitable than the ordinary trading instruments according to them. But when I checked the spreads, I was surprised because it had a very huge spreads!
