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The Bitcoin Revolution: Everything You Need To Know To Take Profits

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Bitcoin is soaring high in the cryptomarket once again, and experts are expecting a return of the bullish trend of 2017. The current Bitcoin price is $7,615 as of 23 May 6:56 AM UTC. This significant jump comes just six months after the Bitcoin price plummeted to a low of $3150 in December 2018. Since then, Bitcoin has experienced steady growth and gain in the market. However, in the last 30 days, the Bitcoin price peaked to $8,320.82, its highest price ever. This phenomenal jump occurred in a span of only 10 days breaking the Bitcoin record so far of significant gains made in short time frames. This positive growth has led to experts forecasting the Bitcoin price to hit the $20,000 mark by the end of this year.

Since entering the market almost 11 years ago, Bitcoin is still at the top of the global cryptocurrencies list. The current circulating supply of Bitcoin is at unbelievable 17,708,875 BTC. The market trend of the Bitcoin price has remained positive even when the currency did not maintain an uptrend. Cryptocurrency researchers believe that Bitcoin has the potential to grow up to a high of USD 50,000 within the next two years.

How to Profit from Bitcoin Investment

With the Bitcoin prices expected to go up within the next few months sharply, everybody is talking about investing in this cryptocurrency. And they are right to do so because there is no better time to invest in bitcoins than now.

Contrary to misconceptions about cryptocurrency investment, there are investment options that do not require a lot of capital or extensive knowledge in cryptocurrency trading. These low-risk investment options guarantee profits from small amounts of capital and are especially suitable for newbies in cryptocurrency trading. And such investment option is futures trading.

Futures Trading allows investors to trade contracts related to BTC and other cryptocurrencies with predetermined prices. Crypto futures trading make it possible for investors to make profits on both the uptrends and downtrends of the cryptocurrency market.

Futures contracts trading is the easiest and least complicated way to trade cryptocurrencies such as bitcoins. How do you begin trading futures contracts?

Trade BTC Futures Contracts in Bexplus

Bexplus exchange was founded in Hong Kong and introduced in the cryptocurrency market in late 2017. Today it is the world’s leading Bitcoin futures trading platform and arguably the most progressive cryptocurrency exchange available. All this is due to its Futures Trading cryptocurrency exchange mode.

  1. Open a free Bexplus Exchange account.

Registration on the Bexplus exchange website is very easy, fast, and free. Without the requirements of completing a KYC procedure, you can be assured that there is no risk of your private information leaking. To secure your Bexplus account, you can set up a 2-step authentication process to grant access to your account.

  1. Deposit in your Bexplus Exchange account

The minimum trading amount on Bexplus is 0.0003BTC, which is a very affordable amount for cryptocurrency futures trading. Bexplus also gives its clients a 100% BTC bonus reward for any amount of bitcoins deposited, thus offering you a greater opportunity to earn more money.

  1. Practice BTC trading in the Bexplus trading simulator.

The Bexplus exchange website provides a trading simulator for every user. Beginners receive 10 free bitcoins to practice within the trading simulator so as to help you understand how crypto future trading works. Once you have become conversant with the system, you can choose your trading pair as well as either long or short perpetual futures contracts. The trading simulator also provides you with the options to set stop-loss and stop-profit points, giving you control over the risks you take with your cryptocurrency investment.

The 100x leveraged perpetual futures contracts provided by Bexplus exchange allow you to make 100% profit on 1% of Bitcoin price rising or falling even with a small amount of investment.

Consult Experts on the Bexplus Exchange

The Bexplus exchange website provides consulting services where you can get information about the latest cryptocurrency trends as well as crypto future trading tips. This consultation service comes in handy for beginners who want to seriously pursue investing in crypto futures trading. Becoming Bexplus’s VIP user, you will also get market analysis, prediction and trading strategies.

Bexplus exchange has made crypto futures trading easy to understand and accessible to anyone interested. And with the current positive trend in Bitcoin price, if you have ever been interested in Bitcoin investment, you may want to consider joining cryptocurrency trading soon.

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Altcoins

3 Cryptocurrencies Most Likely to Follow Bitcoin’s Performance

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For more than a year, the cryptocurrency market has been dominated by bearish influence, with most coins seeing constant drops, or stagnation, at best. This all changed in the past few months, starting with Bitcoin which once again started leading the market up, bringing one minor rally after another.

BTC itself experienced massive losses in 2018, with its price going down by around 84%. Most other coins among the top 10 mirrored its performance, and some of them experienced even greater losses. However, now that Bitcoin sees gains again, these cryptocurrencies are still following its example, and many of them have seen massive breakouts. Some of the more notable altcoins that followed Bitcoin’s recent example are Ethereum (ETH), Stellar (XLM), and Cardano (ADA).

Ethereum performance mirroring Bitcoin’s price

As mentioned, Bitcoin led every rally so far, but before it did, its price first went through what is known as an ascending triangle pattern. The pattern held for around five months, which is exceptionally long for the crypto world. However, once the pattern was finally broken — the coin’s price skyrocketed, more than doubling itself within only two months.

One thing to note is that Ethereum performed in pretty much the same fashion. After five months of struggle and confusion for investors, the second largest cryptocurrency also managed to break the pattern and skyrocket as well. It…

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