How to profit from Cryptocurrency without having it ?
Happy New Year everyone, the year of 2018 is definitely the year of crypto as market capital of cryptocurrencies has reached its high volume in 2017 and it is still expanding.
One of the famous cryptocurrencies is Bitcoin (BTC) and it has gained more than 900% just in year 2017! I could not imagine how crazy would it be and I believe that the trend will definitely continue. Alright, back to the topic, how can we make money from cryptocurrency without having it? Is this possible? The answer is yes, we can do it by having some virtual trading.
For retail traders like us, we can actually make use of leverage into cryptocurrency trading. There are brokers that offer to trade cryptocurrency with the leverage of 1:10. For example, you just have to pay 1/10 of the value to have 1 Bitcoin meanwhile, you own the full amount of one Bitcoin.
Now, you might ask:
• What are the requirements to start trading ?
• I have zero knowledge about trading cryptocurrency, how can I start with?
Actually, trading crypto has no difference with trading Forex or Stock. They share the same rule, i.e. “buy low and sell high”
This was a trade I entered this morning in buying BTC and I have made over 20 USD within a day just by trading the minimum lot, i.e. 0.01
I will be sharing more on how can we determine the trend of the cryto and hence have a better entry and exit timing. Stay tuned.
Thanks for reading
HAppy new year! 2018 will be an incredible year. What an adventure it has been with Steem. We both have seen a considerable measure over the previous year or something like that. This undertaking has shown me to such an extent. The things I have learned are worth more than any measure of cash en route. I see the world in an entirely different manner after all I have learned since beginning with Blockchains. I truly trust the world is moving into a superior place. In the expressions of the colossal Naveen Jain we as a whole should "have an outlook of plenitude". This blockchain can be a device to change the world for good and show individuals numerous things if utilized as a part of the correct way. Information is power and It will be a blockchain loaded with learning. The Steem blockchain is getting more grounded by the day. We have seen some astounding development since this blockchain began and I know this is just the begin. When we have a completely refined item it will have the capacity to do things we cannot envision yet. The expansion of SMTs into the blockchain will intrigue and will change the way we consider the web and what is conceivable. Groups and discussions are a gigantic piece of the web. The conceivable utilizations of SMTs are stunning to consider. With Steemit and Steem we are now rolling out improvements in places that need it and offering assistance to those in require. Envision what's on the horizon for us and this blockchain. We additionally have an incredible group behind this blockchain. That is one of the principle reasons I put my BTC into this task over a year prior in the wake of discovering it on the Bitcointalk gathering and faltering onto Steemit through google look through a couple of times (accidentally hunting down different things). I at that point started some examination and saw @dan talking a couple of times about Steem. At that point saw @ned talking on YouTube and on CheddarTV and knew instinctively then he was resolved to make something extraordinary. Its awesome to see designers as you doing extraordinary things for the eco framework also @exyle with things like Steemify and Blockbrothers. Cheerful New Year again.Lets take Steemit and Steem to the following level in 2018!