Guide on How to Earn Your First Bitcoin in 2020

2020-2-20 08:26

Guide on How to Earn Your First Bitcoin in 2020

The year 2020 is just too great for Bitcoin: from the beginning of the year, Bitcoin is up more than 30%, meanwhile crypto investors argue on Twitter, how far the world’s main cryptocurrency will go and whether 2020 will be a new record year for Bitcoin.

What is different from 2017, is what is pushing Bitcoin price higher now. Seemingly, the 2017 Bitcoin run was driven by retail investors: ordinary people who came to crypto amid growing hype and FOMO. As to crypto analytics company Glassnode, the 2020 bullish run is pumped by institutional investors buying up Bitcoin despite the growing price. As Bitcoin’s price changes more and more resemble gold, we also can see that investors by up crypto out of fear about financial instability during the coronavirus outbreak in China.


So, how to effectively enter the new bull market?

1. Buy in and Wait (Spot Trading)

For most beginners, Bitcoin spot trading might be the first thing that comes to mind: all you need is to buy some Bitcoins and wait until you’ll sell it at higher prices. This type of trading is less risky but might require plenty of time till you see Bitcoin hit a desirable price. It makes more sense to buy a large amount of crypto to gain significant profits.

2.Crypto Leveraged Trading: Quick Two-way Profits from Bitcoin Price Moves

Different from spot trading, leveraged crypto trading allows investors to gain profits from both Bitcoin price ups and downs. Traders need to correctly predict the trend and to open buying (or long) or selling (short) positions. Besides, by using leverage it’s possible to open large positions with a small amount of crypto invested. As long as the right price direction is chosen, it’s always possible to gain profits no matter if the price grows or falls.

Earn your first Bitcoin on Bexplus

Established in late 2017, Bexplus is a leading crypto futures trading platform headquartered in Hong Kong, which has branches in Singapore, Japan, US, and Brazil and is constantly expanding worldwide. Currently, Bexplus provides BTC, ETH, LTC, EOS and XRP perpetual contracts for trading with up to 100x leverage.

With 100x leverage applied, you can use 1 BTC to open a position of 100 BTC by going long (predicting BTC price will be up) or going short (predicting BTC price will be down). Besides, Bexplus has risk control instruments to maximize your profits as well as control the risks.

For example, in the spot trading, if you buy 1 Bitcoin at the price of $10,000, and climbs up to $10,500, you’ll gain only $500 as profits. On Bexplus, if you invest in 1 BTC at the same price with 100x leverage, and the Bitcoin price rises to $10,500, you have a chance to get profits of more than 4.5 Bitcoins (1 BTC* (10,500-10,000)/10,000 * 100 = 4.5115 BTC, more than 450% ROI, fees included).

Bexplus Trading Simulator: Try out Authentic Crypto Trading 

If you haven’t traded cryptocurrency futures before, you can try out the Trading Simulator with free 10 Bitcoins available. It also helps to get to know Bexplus trading interface as well as the trading algorithms before starting to work with the real crypto assets. How to start your first successful trade in Bexplus trading simulation mode:

1. Click on the trading page on Bexplus, open a buy position at the price of $10,000 if you predict the BTC price will be upward soon.

2.Set the trading volume within the range of 0.1 – 100. Added 100x leverage, you can type in any volume you want and the actual amount of BTC you invest in will display as the margin used.

3.
Find more about Bexplus:

Website: www.bexplus.com

Mobile Trading (Android): https://play.google.com/store/apps/details?id=com.lingxi.bexplus

Mobile Trading (iOS): https://apps.apple.com/us/app/bexplus-profit-from-cryptos/id1442189260

Facebook: https://www.facebook.com/Bexplusglobal

Telegram: https://t.me/bexplusexchange

Twitter: https://twitter.com/bexplusexchange

LinkedIn: https://www.linkedin.com/company/bexplusexchange/

The post Guide on How to Earn Your First Bitcoin in 2020 appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69257.74 (-0.94%)
Объем 24H $33.066b
Изменеия 24h: -0.62 %, 7d: 4.99 %
Cегодня L: $69032.17 - H: $70011.8
Капитализация $1364.52b Rank 1
Цена в час новости $ 9580.6 (622.9%)

2020 bitcoin guide year your earn main

Источник: beincrypto.com

2020 bitcoin → Результатов: 126


Bitcoin's largest positive difficulty adjustment of 2020 and what it means for the price

As of 20 September, Bitcoin's difficulty has been adjusted by ~11.35%, with the hash rate subsequently hitting a new ATH of 143m TH/s. This was the largest positive adjustment in the year 2020, and itThe post Bitcoin's largest positive difficulty adjustment of 2020 and what it means for the price appeared first on AMBCrypto.

2020-9-20 16:30


Том Ли: биткоин обеспечивает лучшую из активов прибыльность в году

Биткоин в 2020 году является самым прибыльным активом в 2020 году, превосходя преследователей почти в два раза. Такие данные исследования привел сооснователь аналитической фирмы Fundstrat Том Ли. #Bitcoin Bitcoin is best performing asset class in 2020, beating Treasuries and Gold, both up an impressive +21%, +13% — Bitcoin top performer in 2019 — the ‘halvening’ […]

2020-5-12 10:32


Ведущая конференция Bitcoin 2020 отменена из-за вспышки коронавируса

Одна из крупнейших биткоин-конференций Bitcoin 2020 в Сан-Франциско должна была состояться в конце марта, однако из-за коронавируса перенесена на третий квартал этого года. An important announcement regarding Bitcoin 2020.

2020-3-7 11:37


Фото:

Will Bitcoin Enter 2020 on a Bullish Note?

Bitcoin price went through a pre-Christmas rally, with prices vaulting the $7,500 level. BTC also saw a collection of factors that suggest 2020 may start on a bullish note. Bitcoin Price Avoided Crash to $5,000, For Now BTC, previously expecting to lag around $6,500 and slide further in early 2020, saw a relief rally late on Sunday, which erased the previous losses.

2019-12-23 11:05


Крупный немецкий банк предсказал цену биткоина в 2020 году

Один из крупнейших банков ФРГ Bayerische Landesbank (BayernLB) опубликовал исследование, в котором предсказал цену биткоина в 2020 году на основании соотношения резервов и прироста и моделей Сейфедина Аммуса и популярного аналитика Plan B.

2019-10-2 22:45


Analyst Projects $55,000 Price for Bitcoin by 2020. Is this Possible?

Bitcoin (BTC) has been slow at surging above $4,000 although it has also managed to maintain its position there. This has made it hard to tell if it will be going up or down the next minute. However, a renowned analyst has projected that BTC will hit $55,000 by 2020 when the halving of its […] The post Analyst Projects $55,000 Price for Bitcoin by 2020. Is this Possible? appeared first on ZyCrypto.

2019-3-29 01:11


Need a Bitcoin Booster? As Andrew Yang’s Presidency Picks Up, Could He Be the Bear Market Breaker?

Andrew Yang is well-liked by the crypto community, considering his pro-Bitcoin stance that he is taking to his candidacy for the presidential election in the 2020 election year. Planning to run as a Democratic candidate, Yang has described himself as a “serial entrepreneur,” positioning himself as the “opposite” of current US President Donald Trump. Yang […]

2019-3-23 04:48


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Join the Cosmic Revolution: MoonBag Presale Outshines Binance and Cardano

Are you looking forward to making a foray of investments within the crypto world? Are you ready to participate in the oncoming blockchain innovative wave and looking to make a fortune? Your search ends right here, right now because MoonBag presale is your answer to these questions.  The crypto landscape has […]

Investors Prioritize BlockDAG Amidst Retik Finance Listings

Why Savvy Crypto Investors Are Flocking to BlockDAG’s Presale, Ditching Retik Finance’s MEXC and P2B Listings As Retik Finance gets launched, BlockDAG is currently a major focus in the cryptocurrency arena, surpassing Retik Finance’s MEXC & P2B listings due to its superior technology and market achievements. During a recent presentation […]