Featured Content – In 2018, cryptocurrency HODLers experienced a super painful year, seeing Bitcoin declined from $20,000 to $3,200. Is it the bottom of BTC price? According to the recent news that JP Morgan has predicted that if the bear market continues, the price of BTC could fall to as low as $1,260. It was also reported that the price volatility of BTC reached a two-month low recently. Most investors are expecting its recovery, but when it comes out with the uptrend is uncertain. So can we still profit on BTC investing? Go ahead and see how.
Why Investors Opt for Bitcoin Futures Trading?
Bitcoin spot trade is quite an excellent way to earn money during the bullish market. However, in the crypto winter, Bitcoin shows a sharp downward in price, spot trade obviously cannot bring you a fortune. At this time, Bitcoin futures trading becomes the catchphrase of the bearish market and attracts investors worldwide.
Compared to spot trades, BTC futures trading enables investors to make a profit on both the upward and downward of the BTC price trend. In other words, you can “bet” on both BTC rising or falling. As long as you chose the right BTC trend direction, you are likely to earn money. Besides, BTC futures trading is also called leverage trading, which means you can borrow X times the number of your assets from the exchanges and profit on a bigger scale if the market moves in the selected direction.
How to Invest in Bitcoin When Its Price Going Down?
Bexplus is one of the most popular and reliable cryptocurrency futures exchange in the world, which was founded by a team of senior blockchain architects, experienced financial traders, Internet professionals, and operators.
Headquartered in Hong Kong in 2017, it has established offices in United States, Brazil, India, Australia and received financing of over 10 million dollars from Hong Kong-based and U.S.-based venture capital associates in a year. Now it has gained more than 100,000 users, covering 36 countries and supporting 21 kinds of languages.
Unlike some other futures exchanges in the crypto market, Bexplus provides 100x leverage perpetual contracts of Bitcoin, Ethereum and Litecoin. With 100x leverage added, you can use 1 BTC to open a position of 100 BTC by going long (betting BTC price up) or going short (betting BTC price down). Different from weekly or quarterly contracts, you can open or close the perpetual contract anytime you want to be based on your analysis. And it also supports you to set stop-profit and stop-loss points to maximize your profit as well as control the risks.
For example, if you predict BTC will start falling at the price of $3570, you can open a short position with 100x leverage added. When the order has been executed, you can set the stop-profit and stop-loss points. If the price of BTC hits the mark you set, the order will be automatically closed. You can also close the order anytime you want. When BTC goes down 1%, you can get 100% profit.
Note: If you made the wrong prediction on the BTC trend and traded the wrong direction, you would also undertake the loss.
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 reward you will get! More info here.
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. More info here.
If you are finding a way to make a fortune on BTC investment, it’s time for you to join Bexplus and start Bitcoin futures trading. You can also try it with the trading simulator provided by Bexplus with 10 BTC preset. Enjoy the fun of making great profit with a small amount of money invested in.
Register with invitation code PCDfB to enjoy 10% OFF charge fee.
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Warning: Margin trading is not suitable for beginners in trading and should be done with careful caution and attention. Someone using the information provided in this article, including buying or selling crypto, does it on his or her own risk! The above content is featured content.
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Source: Crypto Potato