How to trade bitcoin
How to trade bitcoin. Should I invest in bitcoin Does bitcoin trade 24/7? The answer is yes, bitcoin trading hours are unlimited. Aug 23, 2023 · Bitcoin ETFs track the price of Bitcoin and trade on standard stock exchanges. Unlike more traditional investment channels, Bitcoin trading can be done through cryptocurrency exchanges or via financial derivatives like contracts for difference (CFDs). We fully simulate the order book of any supported exchange so you can enjoy the real trading experience. Trailblazers Bitcoin CFD Trading ; Since 2006, AvaTrade has served clients with dedication and led the charge by being among the first CFD brokers to introduce Bitcoin CFDs, showcasing our commitment to innovation and market leadership. By default, (Trade) market orders are selected. Mar 30, 2022 · The beginner’s guide to trading Bitcoin. Apr 22, 2022 · Learn the basics of buying, selling and storing Bitcoin, the most popular cryptocurrency, with this guide from PCMag. Currently, Bitcoin is valued at 21. If you want to make money day trading bitcoin you’ll need to get familiar with candlesticks and their indicators (see example below). S. Follow the instructions to buy bitcoin. However 2 days ago · Bitcoin is a relative newcomer to the world of exchange-traded funds. Additionally, in the last day Apr 26, 2023 · But, trading Bitcoin is no easy feat - which is why we have put together an in-depth guide on How to Trade Bitcoin in 2023. Nov 16, 2023 · Best Bitcoin Trading Platforms in the UK – Top 5 List. This guide covers how to buy and sell Bitcoin in the short term, and how to use fundamental and technical analysis to predict price movements. As a more complex product, they require a deeper understanding to trade safely and responsibly. Why Trade Bitcoin; Find an Exchange; How to Trade Bitcoin; Trading Risks; Bitcoin Trading Tools; Bitcoin trading can be extremely profitable for professionals or beginners. The market is new, highly fragmented with huge spreads. ly/3qFbTg2Bitcoin trading is the act of buying low and selling high. There is no official BTC exchange market – so, you have lots of options to choose from. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. To truly trade Bitcoin like a pro, you need to acquire a lot of knowledge, closely monitor the market, and seek advice from a financial expert. You can also choose the type of trading order – limit order, market order, stop-limit order, or one cancels other (OCO) order. You don't wait to sell, trade or use it before settling up with the IRS. While there are a number of ways to exchange bitcoin for other assets, by far the most common way is through a bitcoin exchange. Find, Trade and Buy over 70 coins including bitcoin on the best cryptocurrency platform. com/get/BitcoinsHere is a quick beginner's guide on h Apr 15, 2024 · If you plan on investing in or trading bitcoin, you are likely to utilise one of the following methods. Bitcoin ETFs tied to futures on the cryptocurrency launched in 2021, but it wasn’t until January 2024 that U. You make a profit by simply pocketing the difference. Peer-to-peer money transfer apps . Mar 16, 2024 · Low Deposit Amount: With some Bitcoin forex trading firms, a trader can start with as little as $25. But like traditional investing, understanding how to trade Bitcoin can be complicated. How to Trade Bitcoin: Strategies and Technical Analysis . CFDs are leveraged, giving you full market exposure at a fraction of the initial outlay required when buying actual cryptos. Day trading Bitcoin. Trading Bitcoin essentially involves taking advantage of the extreme volatility nature of the crypto market. In the case of cryptocurrency futures contracts, the underlying asset would be crypto asset (Bitcoin BTC). Mar 22, 2024 · 2. Jul 16, 2024 · Futures contracts are types of derivatives product where their values are derived from an underlying asset. Security: Bitcoin’s Dec 15, 2023 · Entirely new to the world of trading Bitcoin? Not to worry, here are some examples of trading strategies that you can reference when mapping out your trading plan. This guide covers topics like trading pairs, order books, order types, and technical analysis. 31% annual percentage yield (APY) is accurate as of 7/11/2024 and subject to change at the Bank’s discretion. 36 per BTC. If Bitcoin can break through the $65,000 mark, it could trigger a significant rally. There are some trading platforms and crypto exchanges where you can May 9, 2024 · The spot Bitcoin ETFs started trading on Jan. Over 100 million users buy, sell, and trade Bitcoin, Ethereum, NFTs and more on Crypto. This is below the maintenance margin, which means your position would be partially liquidated, with two of your contracts being automatically closed out. By analyzing various factors like regulation, copy trading, variety of assets, commission fee, etc, we have the following list of the top 5 Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen. Depending on the price of each Bitcoin Oct 31, 2022 · As a trader, you can go about margin trading by borrowing bitcoin from a brokerage firm, selling the same, and then buying the BTC at a time when it’s trading low. If you would like to request permission to trade Complex or Leveraged Exchange Traded Products: Log in to Portal; Select the User ("head/shoulders" icon) > Settings menu; Select Trading Permissions Buy and ‘Hodl’ Bitcoin. Oct 18, 2021 · Another important advantage of CFDs is that you can trade using margin. Unlike stocks, the cryptocurrency markets are open for buying and selling around the clock, which means bitcoin online trading is available at all times. It goes a long way in helping investors who do not have time to monitor the crypto market 24/7. 02% increase. Introduction. Jun 13, 2023 · Centralized crypto exchanges are one of the best ways to turn your Bitcoin (or other cryptocurrencies) into cash. This liquidity makes it easier to buy, sell, or trade Bitcoin compared to some other cryptocurrencies. With access to hundreds of coins, multiple supported fiat currencies, and low trading fees, exchanges offer the most flexibility when cashing out your crypto. While the previous section discussed the basics of buying and selling bitcoin it’s essential to understand how to trade it effectively. dollars for their digital money. Choose an exchange. ‘Hodl’ (an intentional misspelling of hold) is merely an investment May 20, 2024 · Buying any crypto is a lot like buying stocks but with a couple of twists. There are 5 steps to getting started: 1. As mentioned, you buy bitcoin itself when you trade the crypto on an exchange. One of the largest cryptocurrency exchanges in the U. In contrast, Blockchain ETFs, such as the Bitwise Crypto Industry Innovators ETF, track the stock market prices of Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. Jul 12, 2022 · 1. While Bitcoin is not yet accepted as a legal currency in India, it is possible to own and trade it on exchanges. The two most popular options for beginner traders are market and limit orders, which are the easiest to trade with. Once you’ve found a trading strategy that works for you, start looking for an exchange to trade on. To the rookies out there, Bitcoin trading can be a whole new world— queue the Aladdin soundtrack. Multiple trading opportunities emerge within a 24-hour period. As such, it is more resistant to wild inflation and corrupt banks. A free demo account is a great tool to learn more about Bitcoin trading without losing any of your hard-earned funds. 1. Buying Bitcoin in India Summary. Click on the coins to know historical coin prices, 24-hour trading volume, and the price of cryptocurrencies like Bitcoin, Ethereum, BNB and others in real-time. Dec 6, 2023 · Learn the basics of cryptocurrency trading, such as what are cryptocurrencies, how to start trading, and common trading concepts. Bitcoin exchanges are purpose built platforms designed to facilitate easy WazirX is India's most trusted Bitcoin and cryptocurrency exchange & trading platform. Learn the basics of Bitcoin trading, the different strategies, and the factors that influence Bitcoin's price. Some are great, while others are less-than-reputable. But how do you go about learning how to buy, sell, and trade Bitcoin? In this article, we’ll help you understand Bitcoin better and discuss best practices for buying and selling it as part of a larger strategy. Bitcoin. This Bitcoin day trading strategy can include buying and selling Bitcoin over a few hours and earning small percentage gains at the end of the day—or setting up a bot for high-intensity and frequent trades based on signals or technical indicators. Within it, we explain the ins and outs of how this investment scene works, what risks and rewards you need to consider, and how you can start trading Bitcoin today. But guess what—it’s easier than you think. Similar to margin trading of an actual commodity, CFD leverage allows you to open a much larger position than you have the budget for. Additionally, you can buy Bitcoin through a P2P marketplace, which allows you to trade directly with other users. Bitcoin forex – Buy CFDs that predict how the value of Bitcoin will move versus other currencies. In a futures trade, a buyer agrees to purchase a security with a contract, which specifies when and at what price the security Let’s say Bitcoin is currently trading near $62,000, but you think it might go lower. 07B. 01 Mar 11, 2024 · Each Bitcoin is a digital asset that can be stored at a cryptocurrency exchange or in a digital wallet. Unlike traditional fiat currencies which are anchored by Apr 18, 2023 · Typically, the price consists of a fee-per-trade, plus the cost to convert a fiat currency to bitcoin. Feb 9, 2023 · Another option is to use a decentralized exchange, which allows you to trade cryptocurrencies without going through a central authority. regulators The current price is $58,149. What is Bitcoin trading? Trading Bitcoin is simply the act of buying or selling the cryptocurrency with the goal of making a profit. Watch first!There are a variety of ways yo Micro Bitcoin futures provide an efficient, cost-effective way to fine-tune your Bitcoin exposure and meet your trading objectives. In this scenario, Bitcoin might surge to around $150,000 by the end of the year. Jul 1, 2020 · Day trading is a trading strategy that involves entering and exiting positions on the same trading day. Trade Bitcoin On Short-Term Volatility. Bitcoin’s volatility allows certain traders to potentially profit from both rises and falls in the Bitcoin price. Each individual coin represents the value of Bitcoin’s current price, but you can also own Dec 8, 2023 · Trade Bitcoin. Start trading crypto here. Mar 11, 2024 · Each Bitcoin is a digital asset that can be stored at a cryptocurrency exchange or in a digital wallet. Bitcoin's all-time high price is $73,794, reached on Jul 14, 2021 · Cash-and-carry arbitrage and inter-exchange arbitrage offer some lower-risk trading opportunities when executed correctly. This would show a strong bullish trend and renewed optimism among investors. How Much Is Bitcoin Worth? Should I Invest in Bitcoin? Frequently Asked Questions (FAQs) Coinbase is a trusted platform for buying, selling, and using cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. The $357 billion crypto market trades around $93 billion worth of crypto every 24 hours. Gemini makes crypto simple. Aug 23, 2024 · Trading Bitcoin and other cryptos can be a lucrative venture. 24% in the last hour and increased by 0. Decide how you’d like to trade Bitcoin. 100. Buy and sell bitcoin, ethereum, and litecoin in the same app where you trade stocks—for as little as $1. Trading bitcoin can be a profitable venture if approached with the right strategies and technical analysis. Jul 15, 2024 · Liquidity: Bitcoin has a large and active market with high trading volume, enhancing its liquidity. Find real-time live price with technical indicators to help you analyze BTC/USDT changes. Mar 31, 2021 · When trading Bitcoin on an exchange, you can trade using market, limit and stop orders. A few forex trading firms have even offered promotions like a matching deposit amount. Hold Bitcoin Long Term. Take the following factors into consideration: May 8, 2024 · Crypto trading refers to the buying and selling of cryptocurrencies, such as Bitcoin, ethereum, or Ripple, on various cryptocurrency exchanges. Feb 9, 2024 · With the plunge in cryptocurrencies such as Bitcoin, you may be wondering how you can get out of your investment. This makes it possible to trade Bitcoin without revealing your identity. Step 1. Minimum deposit required to open an account is $500 and a minimum balance of $0. With every successful trade, you get to keep the additional gains made from the loaned amount, minus the broker’s fees. Traders have a number of ways to get U. Buy, Sell & Trade BTC, XRP, ETH, TRX, and 100+ cryptocurrencies in India at best prices. Bitcoin trading is the opposite of the traditional buy-and-HODL method. Before you know it, you will be making a lot of money. Unlike investing, which means 1 day ago · Bitcoin is falling this week. Trade on a secure platform. This means that you’ll need to create an exchange account, put up the full value of the asset to open a position, and store your bitcoin in your own virtual wallet until you’re ready to sell. However, cryptocurrency markets are highly volatile and the risk often outweighs the reward – even the most experienced traders aren Feb 21, 2024 · In this guide, I will review the status of Bitcoin in India, its popularity, and the different exchanges you can use to get Bitcoin in India. Mar 5, 2024 · If you acquired Bitcoin from mining or as payment for goods or services, that value is taxable immediately, like earned income. You can trade BTC CFDs on Capital. Before placing your Bitcoin trade, it’s important to decide how you want to trade Bitcoin. Step 1: Educate Yourself Importance of Self-Education We suggest getting started with a free demo account at one of these brokers. Arbitrage and margin trading are widely available. Bitcoin is the most liquid form of cryptocurrency. Jun 5, 2024 · Margined futures for Bitcoin and Ether also trade on the Chicago Board Options Exchange (CBOE). To trade Bitcoin through a broker, you will need to open an account with a brokerage. Jul 20, 2024 · 5. This means you can go long or short on the cryptocurrency, and the accuracy of your prediction and the size of the market movement will determine your profit or loss. What the internet did for retail and commerce, bitcoin has done for investing and trading. Bitcoin trading simply refers to the act of buying and selling on its price fluctuations and is done through cryptocurrency exchanges and trading platforms. Get bitcoin in minutes with the self-custodial Bitcoin. These can seem confusing at first but are easier to understand once you know the basics. Step 1: Open a Mar 27, 2023 · If you’re looking to start trading cryptocurrency you’ve likely come across Coinbase. When you’re ready to start trading Bitcoin, follow this step-by-step tutorial for a smooth onboarding. Bitcoin, like other assets, has a futures market. Do your research to work out whether cryptocurrency trading is right for you. The underlying assets can be a stock, bonds, or commodities. Aug 15, 2023 · At its core, Bitcoin trading refers to the act of buying and selling Bitcoin in an attempt to capitalise on its price fluctuations. To illustrate, here's a step-by-step rundown of how to buy your first Bitcoin on the Coinbase exchange. This means you can trade bitcoin for a great many other assets, and you can do so without using intermediaries like banks or payment apps. This limit could vary between various crypto exchanges. To buy Bitcoin in India, follow these steps: Get a Bitcoin Jul 24, 2024 · When using your chart ensure you have the right timeframe settings. With a Bitsgap Demo trading account, you can learn and practice your trading in a risk-free environment. Best Platforms to Trade Bitcoin in the US 1. Buy and ‘Hodl’ Bitcoin. Nonetheless, trading Bitcoins is one side of the story; storing them securely after purchase is also imperative. All with a leader in crypto for nearly a decade: Fidelity Digital Assets℠ Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Join the World's leading crypto trading platform. Jul 14, 2024 · How Can I Trade Bitcoin (BTC)? There are several ways you can trade Bitcoin, including: Bitcoin exchanges – Buy, sell, trade, or convert Bitcoin into another cryptocurrency or fiat currency. After selecting the type of order, you wish to trade, enter the volume you intend to trade on either the buy or sell section. You can enjoy automated bitcoin trading using bitcoin trading bots that can effectively trade on your behalf. There are many options to get exposure to Bitcoin, like trading CFDs, buying Bitcoin through an exchange, or using specialized crypto funds Nov 21, 2020 · How to Trade Bitcoin Stock. Jan 31, 2023 · Bitcoin and other cryptocurrencies have taken the investment world and turned it on its head. Without using your money to do so! Bitsgap makes trading on any exchange easier even for the absolute beginner. You should consider the security features, fees, and other things before making your final choice. , Coinbase is a place to buy, sell and hold digital currencies like bitcoin and ether. 23% in the past 24 hours. Tap the Trade button to open the trading box. How Much Bitcoin Should You Buy? How To Store Your Bitcoins. All you’ll need to start is a Bitcoin wallet, a willingness to learn the process, and a sparkling enthusiasm for our favorite peer-to-peer electronic cash system. All you need to do is input your preferred market parameters. 07. 14 in the last 24 hours, which is a 33. Also known as intraday trading, day trading Bitcoin is not for the faint of heart given the usual volatility associated with trading cryptocurrencies. Feb 16, 2024 · In India, an investor can buy Bitcoin in Indian Rupees with a minimum capital of Rs. com. 89. However, trading CFDs comes with a high risk of losing money rapidly due to leverage. However, keep in mind that this is a basic guide. Aug 7, 2024 · Learn the basics of Bitcoin trading, such as methods, analysis, terms, and platforms. Day-trading bitcoin refers to the buying and selling of bitcoin in the same trading day. The easiest way to track the latest cryptocurrency prices, trading volumes, trending altcoins, and market cap is the Binance Cryptocurrency Directory. Jan 10, 2024 · How to trade crypto. Having the best crypto trading strategies not only helps you maximize profits & it gives you peace of mind to trade BTC or altcoins despite the volatility. Step 5: Placing a Bitcoin Order. Trading Bitcoin “Buy low, sell high, and do that many times. Even if you’re a newbie, investing and trading in Bitcoin is easy. How to Trade Bitcoin. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. The amount of Bitcoin traded has risen by $11,941,188,148. How to Trade Bitcoin Using a Broker. When you trade bitcoin via CFDs, you’re using a leveraged derivative to speculate on bitcoin’s price movements and never take ownership of any real bitcoins. Those familiar with Bitcoin are probably already aware of the concept between Buy and ‘Hodl. eToro – Overall Best Place to Trade Bitcoin Apr 22, 2024 · Here we’ll list the most important steps in trading Bitcoin. 11, 2024, and are available through traditional brokerage accounts. And the momentum of crypto keeps building and building. You certainly have a Feb 19, 2018 · Start trading Bitcoin and cryptocurrency here: http://bit. Futures Market . Day-trading bitcoin. For day trading bitcoins you want charts that are between 1-30 minutes. com Wallet app. Each individual coin represents the value of Bitcoin’s current price, but you can also own 5 days ago · Use the search bar to find Bitcoin or BTC, the trading ticker for Bitcoin. 58 per BTC with a 24-hour trading volume of $36. com Wallet app -> 1. ’ Those who aren’t, however, can get caught up quickly. Jun 20, 2023 · How to Trade Bitcoin in Nigeria through a Crypto Exchange Step-by-Step. Cryptocurrency is a notoriously volatile asset and active trading can result in substantial losses. Traders aim to profit from the price movements of Jan 9, 2023 · Scalping. Relatedly, when you trade Bitcoin you can trade the price swings on a short-term basis instead of purchasing Bitcoin at a certain price and holding long-term, hoping for further price appreciation. Jul 1, 2021 · Automated bitcoin trading is made possible with bitcoin trading bots. Trade the names you know, with a name you can trust. How to Store Bitcoin? A blockchain wallet is used to store Bitcoins. If you’d like to wait and buy at a lower price you can set a limit order to buy, say, 0. Buy Sell. 5. Where there are several other shorting-based trading strategies, margin trading is the most straightforward one. eToro supports both market orders (a quick trade at market prices) and limit orders (you set the price). The best time to trade bitcoin is after you have done your research. Since the trading happens within the same day, this strategy may also be referred to as intraday trading. Crypto trades most often take place on a Feb 11, 2024 · Trading Bitcoin and other cryptocurrency options works much the same as other options, except they're typically less liquid. Oct 4, 2021 · Here, you can select whether to trade in the spot market or use leverage. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. Learn how to trade crypto with advanced tools, earn rewards, and access DeFi and NFTs with Coinbase. Find out how to sign up for a cryptocurrency exchange, fund your account, buy Bitcoin, and store it safely. As such, it may be the first cryptocurrency you consider buying. Keep reading to learn more about crypto futures, how they work, and the benefits of trading them. With online trading exchanges, such as Coinbase or Kraken, you can create an account to buy and sell large amounts of Bitcoin. If you are permissioned to trade Complex or Leveraged Exchange Traded Products, you are permissioned to trade Spot Bitcoin ETPs. With your 10 Nano contracts, the $2,000 decrease in Bitcoin’s price would equate to a $200 decrease in the Open Trade Equity (OTE) of your long position, reducing your initial $825 to $625. “ If this describes you, you fit the bill of a trader. Bitcoin futures contracts are an alternative investment opportunity to simply holding coins and tokens. Join over 12 million people just like you on everyone's favorite peer-to-peer platform to buy and sell Bitcoin. However, here are the three steps you can take in order to start trading today. Find out how to set up a crypto wallet, choose an exchange, and avoid common pitfalls. Scalpers use large amounts of liquidity to capitalize on minor price movements. Trade on leverage and margin. Bitcoin’s price has also fallen by 1. The price of Bitcoin has increased by 0. Unlike investing which requires buying and holding the actual bitcoin for the long run hoping its price will ultimately increase, the aim of bitcoin trading is to try and profit from predicting the cryptocurrency’s price movements. Trade Bitcoin On Paxful. Jun 29, 2022 · Trading Bitcoin for beginners is as simple as taking out their smartphone and creating a Bitcoin wallet. At just 1/10th the size of one Bitcoin, this reduced contract size enables traders of all account sizes to speculate or hedge the price of Bitcoin. May 27, 2024 · How to Trade Bitcoin? Below, we will guide you through 6 steps to trade Bitcoin like an expert. Because Bitcoin is more volatile than other tradeable assets, there will be a high number of profitable trading opportunities occurring each day. Choose a suitable Exchange. The fee-per-trade is a function of the currency amount of the trade, and, naturally, the Aug 12, 2024 · Crypto trading is similar to betting on the price changes of digital assets like Bitcoin (BTC) and Ether (ETH), hoping to buy low and sell high. Your trading and financial skills will improve along the way. With a Bitcoin wallet , you are pretty much ready to start buying and selling Bitcoin, as you are then able to purchase the token by different means, be it through bank transfer, credit card, or other. The current price of Bitcoin is $57,966. Consider factors like ease-of-use, on and off-ramp options, fees, reputation, state of financial health, and the team when picking a crypto exchange. Once you gain the required confidence, you can open mini accounts at these online brokers, deposit the minimum required, and start trading bitcoins. With a circulating supply of 19,749,565 BTC, it means that Bitcoin has a total market cap of $1,143,490,353,579. Why Trade Bitcoin CFDs with AvaTrade. . Download the Bitcoin. 2 days ago · According to Titan of Crypto, Bitcoin is currently in a consolidation phase within a falling wedge pattern. This Trade BTC to USDT and other cryptocurrencies in the world’s largest cryptocurrency exchange. If you know how to follow a candlestick chart, you may be able to trade your way into riches Aug 18, 2024 · Use a trading exchange to buy large amounts of Bitcoin. Jul 13, 2022 · For many, Bitcoin (BTC) is almost synonymous with cryptocurrency. Jul 17, 2024 · Many bitcoin investors tend to "trade the news," as demonstrated by the fluctuations that occur whenever there is a significant news event. Margin and leverage are another way trading Bitcoin can be more flexible than buying it outright. BTC. Dec 27, 2023 · Discover if bitcoin investing and bitcoin trading is right for you, how to trade bitcoin, and how to use a bitcoin trading platform. com 24/7. What affects Bitcoin’s price? Learn the ways you can invest and trade it. Unlike buying Bitcoin directly from the spot market, a bitcoin futures contract is generally traded on leverage. The goal of day traders is to use intraday trading strategies to try and profit off of price changes in a financial instrument. 👉 Exchanges are a practical choice since they provide access to various services and a larger selection of tradable cryptocurrencies, facilitating investors’ acquisition, sale, and storage of digital assets while also facilitating the withdrawal of those assets to a digital wallet. 1 BTC at $60,000 — which would mean you’d pay $6,000 (plus fees) instead of the $6,200 you’d pay via market order. May 21, 2024 · How To Buy Bitcoin in 4 Easy Steps. 34% in the past week. The strategy involves placement of long and short trades in an attempt to capitalise on the speculation of price movements. Get the latest Bitcoin (BTC / USD) real-time quote, historical performance, charts, and other cryptocurrency information to help you make more informed trading and investment decisions. » Learn how to buy Bitcoin ETFs. Virtual currencies including, but not limited to, bitcoin and ether experience significant price volatility, and fluctuations in the underlying virtual currency's value between the time you place a trade for a virtual currency futures contract and the time you attempt to liquidate it will affect the value of your futures contract and the potential profit and losses related to it. Therefore, many people can make money trading bitcoins. Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. Mar 20, 2023 · Find a crypto exchange. 19% below its all time high of $73,780. emdc zoxj hhg isfkv uwtnizrxr wjdveee ypr bmrmw kbsb moy