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Bexplus investment advice-Double your Bitcoin in “Bear Market”

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Still upset with Bear Market? See How to make money in crypto winter.

Most professionals predict that after one-year depreciation of the Bitcoin market in 2018, the Bitcoin price probable keep decline in 2019. If you buy 1 Bitcoin in the spot trade market with 10000 dollars at the beginning of 2018, your Bitcoin may only value 3500 dollars at present. In “Bitcoin Bear Market”, the only way to earn your value back is to trade your Bitcoins to other Altcoins and when the Altcoin price rises, you can trade back to Bitcoins to expand the number of your Bitcoins. However, same as Bitcoin, all the Cryptocurrencies are devalued. It has a higher risk to invest Altcoins which the price of Altcoins falls even further.

You may have questions How can you earn bitcoins in this “bear market”? I’d like to introduce you a new type trading product called future trading contract.

Different from the spot trade, Bitcoin futures trading gives you chance to make profits on both Bull(uptrend) or Bear(downtrend) market. You can choose to buy long (predicting Bitcoin price up) or put short (predicting Bitcoin price down). In addition, Bitcoin futures always have leverage added, which means that with a limited amount of Bitcoin, you can profit much more by leveraging your Bitcoin futures position. For example, suppose you buy 100 bitcoins by 4000 dollars for each, your total investment is 400’000 dollars. if Bitcoin price fell to 3000 dollars, you will lose 100’000 dollars. However, you can easily earn by using future trading contract with 100x leverage. Let us follow the previous example, you decide to use your 100 Bitcoins to put short in the price of 4000 by future contract. When the price falls to 3000 dollars, you can earn 33 bitcoins. Now you have totally 133 bitcoins, which values 400’000 dollars, your real value remains the same because of the rise by the Bitcoin you owned.

Magically, you can limit your investment with a small amount of Bitcoin to earn the same about profit, followed by the previous case, you possibly hardly to invest all your 100 Bitcoins because of the high risk. You can use 1-unit of Bitcoin to put short in the price of 4000 by future contract. With 100 times leverage, your 1 Bitcoin investment expands to 100 bitcoins. When the Bitcoin price falls to 3000 dollars, you can also earn 33 bitcoins which are the same profit compared to the previous case without leverage. However, as you see, you only need to invest 1 Bitcoin. What is magic!!! Let’s do some calculation to make the profits more understandable.

In the first example: Spot trading

your total investment:

100 Bitcoins(400’000 dollar) in the price of 4000 dollars.

When the Bitcoin price falls to 3000 dollar, Your total investment value:

100 Bitcoins*4000 dollar-100 Bitcoins*(4000-3000) dollar=300’000 dollar.

Although the units of bitcoins are same, the total value of your bitcoins is a loss for 100’000 dollars.

In the second example: Future trading with 100x leverage.

Your total investment:

1 Bitcoin (4000 dollars) in the price of 4000 dollars.

When the price falls to 3000, Your total investment value:

1 bitcoins * 100x leverage=100 bitcoins

100 bitcoins*(4000-3000)/3000=33 bitcoins

(100+33)*3000=400’000 dollars.

although the value of the bitcoin falls, the amount of your bitcoins rises, your total investment value rises.

Please note!! compared to these two cases, the first example, you invest 100 Bitcoins (400’000 dollar), but in the second example, you invest only 1 Bitcoin (4000 dollars) with 100 times leverage. In other words, the leverage can help you to reduces your risk in the investment.

In conclusion, if you are familiar with future contract and leverage, you may have a big chance to earn money even the Bitcoin price falls down. The future contract, (especially the Put/Sell Contract mechanism) and leverage are two sharpen weapons which you use to fight for profit.

Where can I trade future trading contract?

You can find it in Bexplus exchange (www.bexplus.com)

Bexplus is a relative new Bitcoin futures exchange which provides a perpetual contract of BTC, ETH and LTC futures with 100x leverage. Headquartered at Hong Kong, it has established offices in United States, Russia, Brazil, Australia, India, and Nigeria. It supports 15 languages and covers 26 countries and regions worldwide. You can easily to trade in Bexplus with an e-mail address.

Deposit Activity to Earn 100% BTC Cashback

To deposit BTC in the Bexplus account, you can earn 100% BTC bonus, which can also be used to trade futures contracts. The more deposit, the more bonus you will get. You can get up to 10 BTC as bonus!

Read more: https://www.bexplus.com/en/cash_back

Invite Friends to Register to Get 30% Commission

Invite friends to register and trade in Bexplus, you can get 30% of your invitees’ transaction fee. In addition, both you and your invitees can enjoy 10% OFF service charge.

Read more: https://www.bexplus.com/en/account/activity_show

Before you trading cryptocurrency futures contract, suggest you understand more about it. You can also try it in the Bexplus trading simulator with 10 BTC preset and enjoy the fun of making great profit more easily.

Follow Bexplus on:

Website: www.bexplus.com

Facebook: https://www.facebook.com/Bexplusglobal/

Telegram: https://t.me/bexplusexchange

Reddit: www.reddit.com/u/bexplus

For Business cooperation: business@bexplus.com

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

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Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital

“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,”  says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”

 “The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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