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One of the fastest, easiest but also riskiest ways you can make money with Bitcoin is by trading it. Basically you’re trying to buy Bitcoin when the price is low and sell it when the price rises. However, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to trade and how to overcome the many risks involved with trading. When using your chart ensure you have the right timeframe settings. For day trading bitcoins you want charts that are between minutes. If you want to make money day trading bitcoin you’ll need to get familiar with candlesticks and their indicators (see example below). Dec 05,  · A form of digital money, Bitcoin uses encryption to secure transactions and control the creation of new units. As it continues to rocket in value, with one Bitcoin this week breaking through the $11, mark, some early adopters have made millions.
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