Trading Bitcoin involves many steps and as a smart trader you should know how to go about it the right way in finding the best Bitcoin trading app. You can choose from different trading methods depending on what you wish to gain from the investment and the time you can devote to trading.
Day trading: Here, the day traders will open and close positions in a single day; it is best for traders keen to enjoy advantages of short-term market opportunities.
Swing trading: In this type, traders will catch price movement trends and hold onto such trends till they last; this strategy pays off when you want to get the best out of market momentum.
Scalping: This involves making many small intra-day trades on small price changes. This works best for those interested in making small profits regularly instead of waiting for one big profit-making chance.
Passive trading: When you wish to try your hand at crypto trading or prefer to hold onto your assets for long, passive trading works best. So, you wait for prices to fall to a certain level, and then you buy in; once prices rise up to a specific point, you buy out.
For trading Bitcoins you must understand both fundamental analysis and technical analysis. The former will view the bigger picture rather than price movements. So, you will monitor developer activity centering on a coin, number of projects being developed, mainstream adoption of the coin etc. Technical analysis is the method or tool for predicting future price movements; this is done regardless of whatever is happening around you. Price movements will give you an idea of what will happen in the future.
You can even get the basic guidelines of bitcoin trading from this link https://bitcoinup.io/de/ and make your trading process much easier.