Why is bitcoin so difficult to trade?
As a finance professional with a keen interest in cryptocurrency, I'm curious to know: why is Bitcoin trading so notoriously challenging? Its volatile nature and the complexity of the underlying blockchain technology often seem to create a maze for investors. The lack of centralized regulation and the sheer number of exchange platforms make it difficult to navigate the market effectively. Could you elaborate on the key factors that contribute to the difficulty in trading Bitcoin, and perhaps suggest some strategies to mitigate the risks involved?