Most of the cryptocurrency holders have never felt a day so bad.
After a blustering day of trading which saw Bitcoin price drop from $7,950 to $3,800, the massacre caused the worst sell-off to set a new 2020 low which not seen since April 2019.
The history of bitcoin only has a day in 2013 to compare a 40% fall, at that time bitcoin once dropped from $266 to $50, that was also a day when despair defeated the belief of bitcoin and almost no one could foresee bitcoin can recover and prices will reach $10,000 in a few years.
“Be fearful when others are greedy and greedy when others are fearful.” This is what Warren Buffett said about stock market and you can see the stock market never dies, it is just rise and fall happen in a different order at different times.
So it is with bitcoin. The bitcoin meltdown is a chance for a few bitcoin traders while the others are running away.
One typical way is to short bitcoin. Futures trading allows traders to make profits out of the future price difference of the derivatives. However, when during horizontal movement of prices, futures trading may gain you fewer profits to cover the possible loss of the margin.
Is there any trading tool to short bitcoin but you don’t need to lock bitcoin as margin?
Yes, options trading is the tool to gain profits if you can predict the right direction of price movement.
Options Trading: Higher profitability than futures trading
An option is a contract that does not require you to buy or sell an underlying instrument but you have the right to take profits on the change of its value.
For example, if you trade options over BTC and predict its pricing to go down. If it goes down (no matter how big or small the change is), you take the profits. All you need to do is predict the right direction of the market, and open options to automatically sell to other traders who hold the opposite option.
You can buy options of all cryptocurrency including ETH, LTC, EOS, and XRP but don’t need to swap your current currency. Using bitcoin to trade options over all the other kinds of cryptocurrencies saves all the swap fees for you.
How to make profits with options trading? See below how to double your bitcoin every 60 seconds.
IE Option: It is EASY to make options trading to gain up to 91% profitability
IE Option, registered in London, United Kingdom, is an options trading platform operated by a team of blockchain experts and financial professionals. IE Option focuses on cryptocurrency-based financial derivatives including BTC, LTC, ETH, EOS, and XRP.
The profitability is from 60% to 91%, the most popular asset is BTC/USDT which gives 81%. The 91% tier is in a private VIP room which requires you to apply in email.
Profitability means that if you open an option with 1 BTC and predict if the price will go up or go down 60 seconds later, and if the price goes as you predict, you will take 1.91 BTC back. If wrong, you will lose it. If it comes back to the original price where you bid, you will get 1 BTC back.
Simply put, as long as your winning rate is over 52.36%, you will earn more bitcoin than losing.
(If you make it right for the price trends where it will go 60 seconds later, you will take your margin and revenue together immediately.)
Easy Deposit & Quick Withdrawal
How to start your earning journey with IE Option?
Step 1: Create an account. IE Option cares about your privacy and does not ask for personal information, all you need to provide is simply to verify your email. The registration usually takes 30 seconds.
Step 2: Make a deposit. Bitcoin is accepted as the deposit crypto. You will get an exclusive bitcoin address to process your funds. The minimum deposit amount is 0.001 BTC. Once the bitcoin transaction is confirmed by the blockchain, it will be added to your account balance immediately. By the way, you can secure your account by enabling 2FA with your personal Google Authenticator app which will prevent fund theft from third-party devices.
Step 3: Learn and trade. IE Option offers 10 BTC in your demo account for practice use. On you’re prepared, switch to the Real Account, watch the K-line carefully and keep calm, find the right timing to place your first option and wait 30 seconds to show the result. The only goal you need to go for is to reach a satisfying winning rate.
Step 4: Withdraw your profits. IE Option provides a quick liquidation process, your withdrawal request will be handled within 2 hours, and if with your email confirmation, it will be accelerated to take only 30 minutes.
100% First Deposit Bonus
IE Option is giving away a 100% deposit bonus to limited new users. All first deposit will be automatically doubled within 24 hours, if not delivered promptly, please contact the support team in email as all new deposits are qualified. Simply deposit 1 BTC, then get 1 BTC bonus.
The deposit bonus can be traded in the same way as real bitcoin and you can withdraw its profits, more importantly, the amount of the profits is not limited.
Mobile App for Android & iOS
With mobile applications developed by IE Option Ltd., users can take this magical and powerful trading tool to your pocket with the same trading features from the website. Search IE Option trading app or go directly with the official links as follows.
About IE Option
Official Website – https://ieoption.com/
Google Play for Android Phone: https://play.google.com/store/apps/details?id=com.ie.option
Appstore for iPhone: https://apps.apple.com/tt/app/ie-option/id1492021667
ISW Holdings Continues to Transition Cash Assets into Bitcoin with $20K Purchase Ahead of Mining Launch
ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that it is in the process of converting $20,000 of the Company’s cash holdings into Bitcoin. The Company also announces that it will be regularly conducting similar transactions on a quarterly basis to convert a percentage of cash flows into Bitcoin.
Management expects this transaction to be completed this week. The Company began transitioning cash resources into Bitcoin with an initial transaction in March 2019 at approximately $4,000/Bitcoin.
“We believe in the future of Bitcoin and digital payment systems, and cash represents an unproductive asset given the degree of monetary expansion, stimulus, and debt dragging down traditional currency systems,” commented Alonzo Pierce, President, and Chairman of ISW Holdings. “We are also on schedule to launch mining operations through our Pod5 solution at the Bit5ive renewable energy project by the end of January.”
The Company formed a joint venture partnership with Bit5ive, LLC, (“Bit5ive”) in May to build and deliver an elegant, powerful, and efficient data center pod design. The Proceso Pod5ive Datacenter is the result. Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining industry, the Proceso Pod5ive Datacenter offers next-generation dynamic self-management functionality, plug-and-play operation, virtually non-existent maintenance needs, and an industry best-in-class 1.06 Power Usage Effectiveness score.
The Company’s first mining pod is set to…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has been…
Understanding the Dark Side of Bitcoin
Although Bitcoin is praised for its high-quality processes that lead a lot of people to wise outcomes and success, it has its own dark side. This side is less exposed to media and the people as it can possibly ruin whatever Bitcoin has worked for years, exerting lots of effort, expenses, and time. However, discussing this side will be a way for a better and deeper understanding to what Bitcoin really is and its main purpose and future. Given that, we have gathered the information already for you about the dark side of Bitcoin. So, let’s start!
Bitcoin provides a lot of advantages, but some government gave warnings that are not still founded entirely. The main reason behind that is that there are elements of criminality that seek to take advantage of the media hype and excitement around Bitcoin. One example scenario is when the cybercriminals launched Ponzi schemes that gave promises on investments through astronomical returns. After the money of investors have disappeared, this is the time when they realized that they were scammed. Therefore, the governments raised awareness advising the public to invest cautiously and uphold skepticism in life. If you want more information regarding this, you can go through the www.bitcoineras.com to better understand it.
Here are some of the ways wherein cryptocurrency is misused.