At this time last year, Bitcoin was reaching its all-time high price. However, the whole year past, its price declined by 80% since then. BTC speculators or investors don’t seem to be getting tired of its “disruptive” price falling. And a lot of people that missed out on the late 2017 and early 2018 price hike, jump in the crypto world, expecting to make quite a fortune when it hits its former levels. But the story just goes the opposite way. So is it possible to profit from BTC investment? In the following part, we will explore 3 types of profitable BTC investment.
Measure 3 Common Types of BTC Investment
- Invest in BTC Spot and Wait for Appreciation
Bitcoin spot trade might be the first transaction type that most investors will opt for when they just entered the cryptocurrency area. Investors can directly buy BTC with fiat currencies. The only way to earn money with BTC spot is waiting for its price rising. Unless you are a BTC believer and willing to wait for its appreciation in several years, you should turn to another type of investment.
- Exchange BTC to USDT and Earn the Spread
USDT is the cryptocurrency version of US dollar and also considered as a stable cryptocurrency. Generally speaking, when the BTC, as well as other cryptocurrencies, drop, USDT may perform the opposite way and rises a little. Therefore, when the BTC market is going to get down, investors will exchange BTC to USDT to earn the spread.
- Make Two-way Profits with BTC Futures Contracts
Different from the former two types of investment, BTC futures trading enables investors to make a profit from both BTC price up and down. What you should do is to predict the BTC trend will be upward or downward in the near future. Besides, it provides X times leverage, which means even though you actually hold a small amount of BTC, you can also open a larger position. No matter at which price you start the investing, as long as you choose the right direction, you can have a chance to make great profits.
Which Investment in Bitcoin is Profitable Based on the Current Trend?
Since BTC keeps a repeated and slight falling without any big break out, it’s obvious to notice that the former two investment are not smart options. But with BTC futures trading, as long as there is price fluctuation, there is an opportunity to profit from it.
Bexplus is a popular cryptocurrency futures exchange which provides Bitcoin, Ethereum and Litecoin perpetual contract with 100x leverage. Established in late 2017, Bexplus has completed tens of millions of US dollar fundraising and financing, which guarantees the solid foundation as well as long-term development of Bexplus exchange platform. It also supports 15 languages and covers 26 countries and regions worldwide.
BTC, ETH and LTC perpetual contract which means you can open or close an order anytime you want. You can decide to long (assuming price up) or short (assuming price down) BTC, ETH or LTC based on your own analysis. For example, with 100x leverage added, you can use 1 BTC to enter a 100 BTC trade. If the price goes up or down 1%, you can get 100% profit. Furthermore, you can set stop-profit and stop-loss to control the risks.
Whether Bitcoin will take off in 2019 or not, you can choose to invest BTC futures contract and get profits. If you haven’t yet traded futures before, you can try it in the trading simulator in Bexplus.
Deposit Activity to Earn 50% BTC Free Bonus
To deposit BTC in the Bexplus account, you can earn 50% BTC bonus, which can also be used to trade futures contract and withdrawn. The more deposit, the more bonus you will get!
Invite Friends to Join and Earn 30% Commission
Invite friends to register and trade in Bexplus, you can share 30% transaction fee of your invitees as commission. Also, both you and our invitees can enjoy 10% OFF service charge.
Register with invitation code PCDfB to enjoy 10% OFF charge fee.
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For Business cooperation: firstname.lastname@example.org
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Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
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