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Bitcoin will return to the bear market? Bex500 senior investor teaches you how to get profit in the Bear market

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Bitcoin
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—— Don’t forget to join Bex500 bonus program at the bottom of the article.

Since September, the Bitcoin price has been decline from beyond $10000 to below the $8000, which 20% of the bitcoin value has been removed. The collapse of bitcoin price brings about the new panic in the bitcoin trading market. Many bitcoin investors are scared of the returning bear market as the early of this year. On the contrary, some of the bitcoin-believer, especially the investor who brought Bitcoin in the height of the price still thought that the bitcoin price will rebound very soon. However, it is no doubt that the early stage of the bear market has been shown up in the past month. Many crypto analysts start to predict the bottom price of this market movement.

However, as the market developed, crypto traders have detected more tools to safely pass through the bear market. They realized more ways to avoid the loss of the price decline; moreover, they began to earn profit from the bear market. The key to the tools is the bitcoin futures contracts. We are honored to make an interview with Bex500 senior investor Tom Beck and he introduces the details about bitcoin futures contracts. (Reporter=R, Tom Beck=T)

R: Hi, Tom, Thank you for accepting our interview, Could you introduce yourself?

T: Sure, My name is Tom, I have over 10 years’ trading experience. I am one of the partners of the Bex500 Crypto-funds group. The capital size of this fund is over 8000 Bitcoin (over 60 million US dollars.

R: There a lot of traders are interested in Bitcoin futures contracts, could you tell us more about it?

T: Ok! The bitcoin futures contract is a derivative which is an agreement within buyer and seller to exchange the amount of bitcoin (crypto assets) at a settled price and specific time in the future. The bitcoin futures contract is usually along with leverage. Different from the regular spot trading, the futures contract has the following characteristics:

  1. Bidirectional purchase, bitcoin futures contract allows trader to earn profit from both trend of market whether the price is rise or fall. For example, as the price of bitcoin fell from $10000 to $8000, traders can earn profit from the $2000 discrepancy.
  2. Leverage, in futures contract, traders usually utilize leverage to expand the trading power to earn profit or hedge the risk. For example, Bex500 exchange provides the maximum 200x leverage to traders. A trader invests $100 to put a short position bitcoin futures contract (predict the bitcoin price to fall in the future) at the price of $1000, after leverage, the value of the bitcoin futures contract has been expanded to $20000, when the Bitcoin price only falls from $10000 to $9950 which is 0.5% decline, the trader can earn $200 from his $100 investment. If the trader previously bought a bitcoin in $10000, even he lost $50 from the decline of the price, he still earns $50 from futures trading. It is the way how the trader hedges the risk from spot trading by futures trading.

In conclusion, the bitcoin futures contract is the tool to give traders more trading options which can help traders to hedge the risk from the bear market. For the high risk speculators, bitcoin future is a great tool for them to earn multiple profits.

R: Where to trade bitcoin futures contract?

As I am the senior investor of the Bex500 exchange, I may introduce you Bex500 exchange. Indeed, I become the partner of Bex500 Crypto-Funds because the Bex500 team is one of the most top professional teams in the Cryptocurrency and finance area.

Bex500 exchange is a world-leading cryptocurrency futures exchange platform established in HongKong in 2018. It has over 40 trading products includes the perpetual contract and double contract of bitcoin and cryptocurrency, forex, commodity CFD. All the trading products can be traded in a single bitcoin-based account.

Bex500 provides up to 200 times leverage which is superior to most bitcoin exchanges.  Compared to other famous exchanges, such as Bitmex, Bex500 has more strengths: friendly interface, easy-to-use trading operation system and no slippage of the market. All those strengths represent the professional and humanization of the platform.

Bex500 team is built by a great number of great professionals from finance, web development, and High-frequency trading area. As Bex500 introduction said, “Bex500 is the first crypto exchange which employs advanced financial trading system”. The whole team has over 30 years’ experience in “traditional finance market”. It is the reason why I am here. I like to work with professionals.

R: Thank you, Tom, Hope you good luck with your work.

If you are ready the live trading, don’t forget to join the Bex500 bonus program (see information below), you may get 100% bonus which match with your first deposit. All bonus can be withdrawn after fulfilled the easy transaction volume requirement. Never miss the opportunity.

Bex500 hopes you enjoy your trading journey. Good Luck.

Sign up now and join the Bex500 bonus program to get profits. 

Join our Bonus Activity to Earn a 100% withdrawable BTC bonus.

Deposit BTC or USDT in your Bex500 Account, you may maximum earn a 100% BTC bonus. Unlike normal bonus programs in the market which provide the digital bonus only exist in users account only and unable to withdraw, Bex500 bonus program provides withdrawable bonus to all users. The Bonus in Bex500 can also cover the loss of your position. Come and get your first Bex500 Bonus.

Learn more about Bex500 Bonus at https://www.bex500.com/bonus

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Website: https://www.bex500.com

Telegram: https://t.me/bex500official

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Bitcoin

New Tendencies of Bitcoin Gambling

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Bitcoin gambling
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Gambling has always been an integral part of human nature. Nothing is sweeter than the money you win, and that’s why wagering games have always captivated people throughout history. Last couple of decades saw the gamblers switch increasingly towards virtual gaming, instead of physically being inside a casino. The popularization of online casinos led to the integration of Bitcoin Gambling into the systems and today a very large share of the casino industry is based on the virtual currency.

Reasons behind the transition

The tendency to switch from classic casino environment was dictated by the fact of mobility and accessibility. But the new age has brought us cryptocurrencies like Bitcoin that revolutionized the gambling business. From now on, the gamblers of the world don’t have to rely on traditional banking transactions to be able to enjoy themselves online. A simple crypto-wallet and ownership of virtual currency is enough to engage in Bitcoin Gambling.

Bitcoin Gambling and Blockchain Technology

The big reason for the heavy shift towards Bitcoin Gambling is the fact that Bitcoin and other cryptocurrencies are based on the blockchain technology. This means that the process is decentralized, resulting in a much faster speed of transactions, when it comes to depositing or withdrawal of funds in or from the casino accounts. It also makes gambling incredibly secure,…

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Bitcoin

Stepping off the rollercoaster: Why I’ve fallen out of love with Bitcoin

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Bitcoin
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The very word Bitcoin has almost become synonymous with that of cryptocurrency. It’s basically just a medium of conducting digital transactions – it’s a virtual currency and one of many. So how has it taken on a definition of its own and asserted itself as a leader in the digital financial ecosystem?

Bitcoin has been crowned king of altcoins, probably because it was one of the earliest and most successful of its kind. The trendsetter has ushered in a wave of cryptocurrencies built on decentralised P2P networks and has inspired a growing number of followers and spinoffs. But is Bitcoin struggling to keep up with the newcomers who have made considerable developments to the stability, security, and usability of the crypto world?

The supporting case for Bitcoin has been a clear one. Its pioneering infrastructure has situated it in a position of dominance in the altcoin realm. Bitcoin has a proven usage case as a store of value. Having existed over 8 years without failure, it has a large lead over most altcoins and has withstood the test of time as younger counterparts join the market. However, it seems to be on a downward slope, or at the very least, not progressing at the speed of the market.

In May this…

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