As a Bitcoin dealer, the dangers but additionally rewards are fairly excessive, making it a charming endeavor for these keen to delve into the world of digital forex buying and selling. Bitcoin’s distinctive mixture of volatility and potential for important returns has captured the eye of merchants globally. On this complete information, we’ll discover learn how to commerce Bitcoin successfully, guaranteeing you might be well-equipped with the information to navigate this dynamic market. From the fundamentals of Bitcoin buying and selling methods to figuring out the finest platform to commerce Bitcoins, we’ll cowl all of it.
What Is A Bitcoin Dealer?
A Bitcoin dealer is a person who participates within the cryptocurrency market by shopping for and promoting Bitcoin with the goal of constructing a revenue. In contrast to long-term traders who could maintain belongings for longer durations, Bitcoin merchants typically interact in additional frequent transactions. This could vary from long-term positions, the place they maintain Bitcoin with the expectation of value appreciation, to a short-term day-trade, the place they capitalize available on the market’s volatility.
Being a Bitcoin dealer entails a deep understanding of the market tendencies, evaluation of technical and basic indicators, and a capability to make knowledgeable choices primarily based on present market circumstances. Profitable Bitcoin merchants use numerous methods like day-trading, scalping, swing buying and selling, and place buying and selling, every requiring completely different talent units and ranges of market engagement.
Furthermore, being a Bitcoin dealer means staying up to date with the most recent information and developments within the cryptocurrency world, as these can considerably affect market costs. Additionally, threat administration is a vital facet of buying and selling Bitcoin, because the market is understood for its speedy value fluctuations.
Why Commerce Bitcoin?
Buying and selling Bitcoin has change into more and more well-liked for a number of compelling causes. Firstly, Bitcoin presents distinctive volatility, which, whereas dangerous, supplies distinctive alternatives for substantial income. Secondly, Bitcoin operates 24/7, not like conventional inventory markets. This round the clock buying and selling permits merchants to react instantly to market information and world occasions.
One more reason to commerce Bitcoin is its potential for top returns. Bitcoin has proven a exceptional capacity to extend in worth over time, outperforming conventional investments over the previous greater than 14 years (since inception). Merchants who can skillfully navigate the market’s ups and downs stand to realize considerably.
Bitcoin’s decentralized nature additionally presents a level of freedom from conventional monetary establishments. This independence from central banks and governments appeals to merchants who search alternate options to conventional monetary techniques.
Moreover, the rising mainstream acceptance and adoption of Bitcoin by giant corporations like MicroStrategy or monetary service suppliers like BlackRock, Constancy and Invesco have added legitimacy to its buying and selling. As extra individuals use and put money into Bitcoin, its market grows, offering extra buying and selling alternatives and liquidity.
How To Commerce Bitcoin: Every thing You Want To Know
Buying and selling Bitcoin successfully requires a stable understanding of the market and a well-thought-out technique. The method begins with organising a buying and selling account on a cryptocurrency alternate or platform. As soon as your account is ready up and funded, you can begin buying and selling. Right here’s a fundamental overview:
- Market Evaluation: Earlier than any commerce, it’s essential to investigate the market. This entails learning value charts, understanding market tendencies, and maintaining up-to-date with the most recent information that would affect Bitcoin’s value.
- Selecting A Buying and selling Technique: Relying in your targets and threat tolerance, select a buying and selling technique that fits you finest. This could possibly be day buying and selling, swing buying and selling, scalping, or long-term investing.
- Threat Administration: Determine in your threat tolerance and set stop-loss orders to restrict potential losses. Efficient threat administration is essential to sustainable buying and selling.
- Executing Trades: Primarily based in your evaluation and technique, purchase or promote Bitcoin. This may be completed by way of market orders (purchase/promote at present value) or restrict orders (purchase/promote at a predetermined value).
- Monitoring And Adjusting: Constantly monitor the market and regulate your methods as wanted. Bitcoin’s market can change quickly, and suppleness could be a important benefit.
- Studying And Evolving: At all times be open to studying. The Bitcoin market is continually evolving, and staying knowledgeable is essential for profitable buying and selling.
Bitcoin Buying and selling Methods
In the case of buying and selling Bitcoin, using the fitting technique is essential for fulfillment. Every dealer’s strategy could range primarily based on their threat urge for food, funding dimension, and buying and selling targets. On this part, we’ll introduce numerous Bitcoin buying and selling methods which are generally used out there.
Day-Commerce Bitcoin
Day-trading Bitcoin is a fast-paced technique targeted on benefiting from Bitcoin’s short-term value actions inside a single buying and selling day. It requires a deep understanding of market tendencies and the power to shortly interpret technical evaluation, together with chart patterns and buying and selling indicators.
Success in day buying and selling hinges on immediate decision-making and expert-level information of chart patterns and technical indicators.. Efficient threat administration is important, with strict adherence to stop-loss orders to mitigate potential losses. Day merchants should additionally keep consistently knowledgeable about market circumstances and information to make well timed, knowledgeable choices.
Bitcoin Scalping
Bitcoin scalping is a meticulous buying and selling strategy the place merchants capitalize on minute value fluctuations within the Bitcoin market. This technique entails making quite a few trades over brief durations, generally only a few minutes, to build up small however frequent income.
Scalping calls for an distinctive degree of market evaluation, precision, and fast execution. Scalpers should keep intensely targeted, typically dedicating a number of hours to monitoring market actions intently. They rely closely on technical evaluation instruments and real-time information to establish worthwhile commerce alternatives, utilizing completely different scalping methods.
As a result of excessive frequency of trades, managing charges and sustaining a disciplined strategy to keep away from important losses is essential in Bitcoin scalping.
Swing Buying and selling
Swing buying and selling within the Bitcoin market entails holding positions for a number of days or perhaps weeks to capitalize on anticipated directional strikes or value ‘swings’. This technique requires a mix of basic and technical evaluation to foretell potential value actions.
Swing merchants concentrate on bigger value actions than day merchants, permitting for a extra relaxed buying and selling tempo. The important thing to success in swing buying and selling is figuring out tendencies and momentum in Bitcoin’s value, which frequently entails understanding market sentiment and macroeconomic elements influencing the cryptocurrency market.
Bitcoin merchants who make the most of this technique have to be affected person, as holding positions for longer durations can imply enduring some volatility. Nevertheless, this technique can yield substantial returns if market tendencies are precisely anticipated.
Bitcoin Place Buying and selling
Place buying and selling in Bitcoin is a long-term technique the place merchants maintain their positions for prolonged durations, typically weeks, months, and even years. This strategy is much less concerning the short-term fluctuations and extra concerning the long-term development potential of Bitcoin.

The Bitcoin merchants base their choices on intensive basic evaluation, contemplating elements like market tendencies, upcoming technological developments, and potential regulatory modifications within the cryptocurrency panorama. In contrast to day buying and selling or scalping, place buying and selling requires much less time devoted to frequent market monitoring however calls for an intensive understanding of the broader financial and technological elements affecting the market.
Endurance and a powerful perception in Bitcoin’s long-term potential are important for place buying and selling, because it entails weathering short-term market volatility with a watch on long-term features.
Step-By-Step Information: How To Commerce Bitcoin
Buying and selling Bitcoin can appear daunting at first, however by following a structured strategy, you’ll be able to navigate the market successfully. Here’s a step-by-step information that will help you begin your Bitcoin buying and selling journey:
- Educate Your self: Earlier than diving into buying and selling, it’s essential to familiarize your self with the fundamentals of blockchain know-how, Bitcoin, and its historic market tendencies.
- Select A Dependable Buying and selling Platform: Choose a good Bitcoin alternate or buying and selling platform. Search for platforms with sturdy safety measures, user-friendly interfaces, and cheap charges. Think about elements like liquidity, accessible buying and selling pairs, and buyer help.
- Set Up And Safe Your Account: Create your buying and selling account. Make sure you use sturdy passwords and allow all accessible safety features like two-factor authentication.
- Deposit Funds: Fund your account with fiat forex, which you’ll be able to then use to purchase Bitcoin.
- Develop A Buying and selling Technique: Determine in your buying and selling model (day buying and selling, swing buying and selling, scalping, or place buying and selling). Think about your threat tolerance and set clear targets.
- Conduct Market Evaluation: Use each technical and basic evaluation to tell your buying and selling choices. Keep up to date with the most recent Bitcoin information and market tendencies.
- Begin Buying and selling: Start with small trades to get a really feel for the market. You’ll be able to both place market orders (purchase/promote at present costs) or restrict orders (purchase/promote at a predetermined value).
- Monitor Your Trades And Handle Dangers: Maintain a detailed eye in your trades. Use threat administration instruments like stop-loss orders to guard your funding.
- Overview And Be taught: Repeatedly evaluate your buying and selling exercise and study from each successes and failures. Alter your methods and keep knowledgeable about elements that would affect the Bitcoin value.
How To Commerce Bitcoin And Make Revenue
Attaining profitability as a Bitcoin dealer hinges on a nuanced understanding of market dynamics and disciplined technique execution. Success entails figuring out and capitalizing on Bitcoin’s value actions, underpinned by a sturdy grasp of market tendencies and drivers.
Key to profiting is the applying of superior technical evaluation, incorporating chart patterns and predictive indicators to gauge future value actions. Moreover, astute threat administration, characterised by calculated place sizing and the even handed use of stop-loss orders, performs a pivotal function in safeguarding towards market volatility.
Seasoned merchants typically emphasize the significance of emotional self-discipline, avoiding impulsive choices pushed by market euphoria or panic.
How To Commerce Bitcoins For Rookies (Spot Market)
For newby Bitcoin merchants, the spot market is a perfect start line. Within the spot market, merchants purchase and promote Bitcoin for quick supply, reflecting real-time provide and demand. The quick buying and selling actions of merchants straight decide Bitcoin’s value on this market. It presents a direct and clear buying and selling methodology, with transactions settled immediately at prevailing market costs.
Sorts Of Orders Defined
- Market Orders: These orders are executed instantly on the present market value. For instance, if Bitcoin is listed at $30,000 and also you place a market order to purchase, you’ll buy it on the nearest accessible value to $30,000.
- Restrict Orders: These assist you to set a particular value at which you wish to purchase or promote Bitcoin. As an illustration, you would possibly place a restrict order to purchase Bitcoin when its value drops to $28,000, guaranteeing you solely buy at this value or decrease.
- Cease Orders: Typically used as a threat administration device, a cease order triggers a purchase or promote motion as soon as Bitcoin reaches a predetermined value. For instance, setting a cease order to promote at $27,000 might help restrict potential losses if the market drops.

How To Commerce Bitcoins On The Spot Market
Rookies ought to choose buying and selling platforms identified for his or her ease of use, sturdy safety features, and academic sources. Search for platforms with a excessive fame and low Bitcoin buying and selling charges.
Navigating the order guide could be essential. The order guide is a real-time ledger of all purchase and promote orders out there. It exhibits the depth of the market, indicating what number of orders exist at numerous value ranges. Rookies can use this to gauge market sentiment and potential value motion instructions.
Rookies ought to begin with small investments to reduce potential losses. Perceive the volatility of the Bitcoin market and be ready for value fluctuations. Use stop-loss orders to routinely promote your Bitcoin if the worth falls to a sure degree, thus limiting your loss.
How To Commerce Bitcoin Futures
Buying and selling Bitcoin futures primarily entails coping with perpetual contracts, a definite sort of futures contract with out an expiry date. This enables merchants to carry positions indefinitely, offering extra flexibility in comparison with conventional futures. Right here’s a information on learn how to commerce Bitcoin futures:
- Understanding Perpetual Contracts: Perpetual futures contracts, not like conventional futures, haven’t any expiration date, enabling merchants to keep up positions indefinitely. This indefinite holding interval is counterbalanced by the funding charge mechanism.
- Leverage In Depth: Leverage permits merchants to manage giant positions with a comparatively small quantity of capital. As an illustration, with 10x leverage, you’ll be able to management a place price 10 occasions your preliminary margin. Whereas this may enlarge income, it additionally amplifies potential losses, making threat administration essential.
- Mechanics Of Liquidation: Liquidation happens when your place’s worth falls to a degree the place it will probably now not help the leveraged quantity. For instance, in a extremely leveraged place, even a small drop in Bitcoin’s value can set off liquidation, ensuing within the lack of your preliminary margin. It’s important to grasp the alternate’s liquidation course of and margin necessities.
- Choosing The Proper Alternate: Select an alternate that gives complete options for buying and selling perpetual Bitcoin futures (e. G. Binance, BitMEX or Bitget), together with clear liquidation protocols, aggressive funding charges, and sturdy platform safety.
- Threat Administration: Given the excessive dangers related to leverage, using efficient threat administration methods is crucial. Use stop-loss orders to guard your positions, and think about decrease leverage ranges to cut back the danger of liquidation.
How To Commerce Bitcoin Choices
Bitcoin choices are monetary derivatives that give the holder the fitting, however not the duty, to purchase or promote Bitcoin at a predetermined value earlier than a sure expiration date. Right here’s a information on learn how to commerce Bitcoin choices:
Choices Sorts: Perceive the 2 forms of choices – ‘Name choices’ permit shopping for Bitcoin at a particular value, whereas ‘Put choices’ permit promoting it at a set value.
- Strike Value And Expiration Date: Every possibility has a strike value and an expiration date. The strike value determines the worth at which Bitcoin could be purchased or offered, whereas the expiration date marks when the choice turns into void.
- Choose A Buying and selling Platform: Select a platform that gives Bitcoin choices buying and selling (Deribit is the most important). Guarantee it supplies ample safety, liquidity, and instruments for evaluation.
- Premiums: Choices are purchased for a premium, which is the worth paid for the choice itself. The premium varies primarily based on elements just like the strike value, present Bitcoin value, and time till expiration.
- Market Evaluation: Just like futures, buying and selling choices requires an intensive evaluation of the market. Predict whether or not Bitcoin’s value will go up or down earlier than the choice expires.
- Threat Evaluation: Choices could be much less dangerous than futures as the utmost potential loss is the premium paid. Nevertheless, it’s nonetheless essential to grasp the volatility of the market and to make use of threat administration methods.
- Strategic Use: Choices can be utilized for numerous methods, from simple hypothesis to advanced mixtures like spreads, straddles, and collars for threat administration.
Selecting The Finest Platform To Commerce Bitcoins
Selecting one of the best platform to commerce Bitcoins requires contemplating numerous elements similar to safety, person interface, charges, liquidity, and accessible options. Primarily based on the most recent information from CoinMarketCap concerning spot buying and selling quantity, listed here are a few of the prime cryptocurrency exchanges:
- Binance: Recognized for its excessive buying and selling quantity and intensive listing of accessible cryptocurrencies, Binance presents a sturdy platform with aggressive charges and robust safety measures. It helps a number of fiat currencies like EUR, GBP, and BRL.
- Coinbase: Common particularly in the USA, Coinbase is understood for its user-friendly interface and robust regulatory compliance. It helps main fiat currencies similar to USD, EUR, and GBP, making it a handy possibility for merchants in these areas.
- Kraken: Kraken is acknowledged for its complete safety features and vary of supported cryptocurrencies. It additionally helps a number of fiat currencies together with USD, EUR, and GBP, and is understood for its detailed and informative person interface.
- Bybit: This alternate is famous for its superior buying and selling options and is a well-liked alternative for spinoff buying and selling. Bybit helps a number of fiat currencies together with USD, EUR, GBP, amongst others.
- OKX: OKX presents a variety of cryptocurrencies and is understood for its superior buying and selling options. It helps a wide range of fiat currencies together with AED, ARS, AUD, and extra, catering to a world person base.
- KuCoin: KuCoin is understood for its big range of supported cryptocurrencies and user-friendly interface. It helps a number of fiat currencies together with USD, AED, ARS, and extra, making it a flexible alternative for world merchants.

The place To Commerce Bitcoin? Key Standards
Choosing the fitting platform is a important step in your Bitcoin buying and selling journey. The very best platform for buying and selling Bitcoins not solely aligns along with your buying and selling model and targets but additionally presents safety, performance, and reliability. Listed below are key elements to think about when selecting your buying and selling platform:
- Safety: The platform’s safety features must be given prime precedence. Search for platforms with a powerful monitor report of safety, using measures like two-factor authentication, encryption, and chilly storage of funds.
- Person Interface And Expertise: The platform ought to provide a user-friendly interface, particularly for rookies. It must be intuitive, with easy-to-use buying and selling instruments and accessible buyer help.
- Charges And Prices: Perceive the charge construction of the platform. This consists of buying and selling charges, withdrawal charges, and some other hidden prices. Decrease charges can considerably affect your total profitability, particularly in case you are participating in frequent trades.
- Liquidity: Excessive liquidity is crucial for executing trades shortly and at fascinating costs. A platform with a excessive buying and selling quantity usually presents higher liquidity, resulting in tighter spreads and extra environment friendly commerce execution.
- Vary Of Options And Instruments: Search for platforms that supply a spread of options similar to superior charting instruments, a wide range of order sorts, and threat administration instruments.
- Leverage and Margin Buying and selling Choices: In case you are thinking about buying and selling with leverage, confirm the accessible leverage choices on the platform. Bear in mind that buying and selling with leverage carries larger dangers.
- Regulatory Compliance: Select platforms which are compliant with related regulatory requirements in your nation. This compliance can present a further layer of safety and legitimacy.
- Market Selection: A superb platform ought to provide a wide range of markets, not simply Bitcoin.
How To Commerce Bitcoin? Key Indicators
Profitable Bitcoin buying and selling typically hinges on the usage of key indicators to make knowledgeable choices. These indicators present insights into market tendencies and potential future actions. Listed below are some important indicators utilized in Bitcoin buying and selling:
- Shifting Averages: They clean out value information over a specified time interval, aiding merchants in figuring out the pattern course. Essentially the most generally used are the Easy Shifting Common (SMA) and the Exponential Shifting Common (EMA).
- Relative Energy Index (RSI): RSI is a momentum indicator that measures the pace and alter of value actions. It helps establish overbought or oversold circumstances out there.
- MACD (Shifting Common Convergence Divergence): This device identifies potential purchase and promote indicators by monitoring the convergence and divergence of short-term and long-term shifting averages.
- Quantity: The commerce quantity of Bitcoin is an important indicator of market energy and sentiment. Excessive volumes typically sign a powerful market curiosity, both bullish or bearish.
- Bollinger Bands: These bands present a graphical illustration of market volatility. Narrowing bands recommend low market volatility, whereas widening bands point out elevated volatility.
- Fibonacci Retracement: This device identifies potential help and resistance ranges utilizing Fibonacci ratios derived from value modifications.
- Stochastic Oscillator: This momentum indicator compares the closing value of Bitcoin to its value vary over a sure interval, aiding in figuring out potential reversal factors.

Commerce Bitcoin With On-Chain-Indicators
Along with conventional technical indicators, on-chain indicators particular to Bitcoin present deep insights into the underlying blockchain dynamics, serving to merchants make knowledgeable choices. Glassnode, a number one blockchain information and intelligence platform, highlights a number of key on-chain indicators:
- Bitcoin Community Hash Price: Signifies the well being and safety of the blockchain. A rising hash charge suggests elevated community safety and miner confidence.
- Energetic Addresses: The variety of distinctive addresses actively transacting on the community. A rising variety of lively addresses could point out elevated person adoption and community exercise.
- P.c Of Whole Provide In Revenue: Observing the availability distribution, particularly throughout bear markets, can sign a large-scale provide redistribution. It signifies when the % of provide in revenue for newer consumers surpasses that of long-term holders.
- Realized Revenue/Loss Ratio: It tracks whether or not the mixture quantity of realized income exceeds that of realized losses. When the 30-day SMA of this ratio returns above 1.0, it signifies a macro pattern shift in direction of worthwhile on-chain quantity.
- aSOPR (Adjusted Spent Output Revenue Ratio): This indicator, particularly its 90-day SMA, helps establish worthwhile on-chain spending, indicating broader market profitability.
Combining these on-chain indicators with conventional technical instruments presents a complete strategy to buying and selling Bitcoin, permitting merchants to glean insights from each market sentiment and basic blockchain information.
Commerce Bitcoin: Dangers And Rewards
Buying and selling Bitcoin, like every monetary enterprise, comes with its personal set of dangers and rewards. Understanding and balancing these points is essential for profitable buying and selling.
Managing Dangers As Bitcoin Dealer
- Volatility: Bitcoin’s value could be extraordinarily risky, resulting in speedy and important value modifications. Managing this threat entails setting stop-loss orders, not overleveraging, and solely investing funds you’ll be able to afford to lose.
- Safety Dangers: The digital nature of Bitcoin makes it prone to hacking and fraud. Use safe buying and selling platforms, allow two-factor authentication, and follow secure storage.
- Regulatory Adjustments: Bitcoin’s authorized standing varies by nation and is topic to altering laws, which may affect its worth and legality of buying and selling.
- Market Information: Lack of knowledge of the Bitcoin market can result in poor buying and selling choices. Steady studying and staying up to date with market tendencies is important.
The Reward Potential In Bitcoin Commerce
- Excessive Return Potential: Bitcoin has seen durations of great value will increase, providing excessive return potential for savvy merchants.
- Market Accessibility: Bitcoin buying and selling is accessible 24/7, providing flexibility and steady alternatives for merchants worldwide.
- Modern Market: Being a part of the Bitcoin market means participating with cutting-edge blockchain know-how, which has the potential to supply new buying and selling alternatives and reshape monetary techniques.
- Diversification: Bitcoin supplies an alternate funding possibility, which could be part of a diversified funding portfolio.
FAQ: How To Commerce Bitcoin?
How To Day Commerce Bitcoin?
Day buying and selling Bitcoin entails executing short-term trades to capitalize on value fluctuations inside a single day. It requires an intensive understanding of market tendencies, technical evaluation, and disciplined threat administration.
How To Commerce Bitcoin and Make Revenue?
Worthwhile Bitcoin buying and selling entails a deep understanding of market tendencies, using efficient buying and selling methods, and using sturdy threat administration to mitigate dangers whereas capitalizing on market alternatives.
The place To Commerce Bitcoin?
Bitcoin could be traded on numerous cryptocurrency exchanges and platforms. Common exchanges embody Binance, Coinbase, Kraken, Bybit, OKX, and KuCoin.
How Do You Commerce In Bitcoins?
Buying and selling in Bitcoins entails shopping for and promoting on a cryptocurrency alternate, utilizing completely different buying and selling methods like day buying and selling, swing buying and selling, or place buying and selling.
Can You Day Commerce Bitcoin?
Sure, you’ll be able to day commerce Bitcoin. It entails making a number of trades inside a single day, benefiting from Bitcoin’s value volatility.
How To Commerce Bitcoins?
Buying and selling Bitcoins entails selecting a dependable buying and selling platform, analyzing the market, executing trades primarily based in your technique, and managing your dangers.
How To Commerce In Bitcoin?
To commerce in Bitcoin, arrange an account on a cryptocurrency alternate, deposit funds, determine on a buying and selling technique, and begin executing purchase or promote orders primarily based on market evaluation.
How To Commerce Bitcoin Choices?
Buying and selling Bitcoin choices entails shopping for or promoting choices contracts on Bitcoin, predicting future value actions. It requires understanding of choices buying and selling and market evaluation.
How To Commerce Bitcoins For Money?
You’ll be able to commerce Bitcoins for money by shopping for and promoting your Bitcoin on a cryptocurrency alternate.
How Do You Commerce Bitcoin?
Buying and selling Bitcoin entails analyzing the market, organising a commerce on a cryptocurrency alternate, and managing the commerce with correct threat administration strategies.
How To Commerce Bitcoin Futures?
Bitcoin futures buying and selling entails coming into contracts to purchase or promote Bitcoin at a future date at a predetermined value. It requires information of futures markets and threat administration.
The best way to Commerce Bitcoins For Rookies?
Rookies ought to begin by understanding the fundamentals of Bitcoin, selecting a user-friendly buying and selling platform, practising with small quantities, and utilizing easy buying and selling methods on the spot market.
How To Commerce Bitcoins For Revenue?
To commerce Bitcoins for revenue, implement a well-researched buying and selling technique. You additionally have to handle dangers successfully, and keep knowledgeable about market tendencies and information.
How To Commerce Bitcoins On-line?
Buying and selling Bitcoins on-line entails registering on a cryptocurrency alternate, depositing funds, conducting market evaluation, and executing trades by way of the platform’s interface.
How To Commerce Bitcoins To Make Cash?
To earn money buying and selling Bitcoins, develop a stable buying and selling technique, make the most of technical evaluation, handle dangers properly, and keep adaptive to market modifications.
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Disclaimer: The article is supplied for instructional functions solely. It doesn’t signify the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You might be suggested to conduct your personal analysis earlier than making any funding choices. Use data supplied on this web site fully at your personal threat.