Hi there, I am a student who is late in knowing and investing in Bitcoin. With monthly graduate student salary, I can only afford a CFD for bitcoin and in such a volatile time as we witnessed in the last 24h, I may concern that I can not hold my CFDs anymore for bitcoin if a dip come. I just wonder if there is anyone who met this difficult situation and how do you adjust yourselves?
CFDs are not real deals on exchanges. With CFDs, in general, you are playing against the brokers, and sometimes the brokers' price sources are not very accurate. The better options are Deribit and Bitmex, and if you are expecting a dip, you could short there too.
If you are for the long-term games, you could buy small amounts every month and hold.
