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The quickest way of earning u2013 the purchase of highly quoted cryptocurrency, other investment products are not so profitable. From 2017, the cost amount of crypto coins grows rapidly in the group of the most profitable currency confidently settled bitcoin, Ethereum, Litecoin, Throne, Enjin Coin, Ardor, and others. https://1btcnews.com/
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A guide by1BtcNews Top 20 Best Cryptocurrencies to Invest In2020.
The quickest way of earning – the purchase of highly quoted cryptocurrency,other investment products are not so profitable. From 2017, the cost amount of cryptocoins grows rapidly in the group of the most profitable currency confidently settledbitcoin, Ethereum, Litecoin, Throne, Enjin Coin, Ardor, andothers. Ways of buying and sellingcryptocurrencies Virtual coins are bought and sold on exchanges. Currently, there are several top sitesfor cryptocurrency Eksmo (for virtually any purchases, euros, dollars, zloty, rate andLyra), Binance (buying the most popular e-currencies), Bitmex andLocalbargains.
Bitcoin Bitcoin (BTC) is the most discussed currency. For analysis and forecasting of the exchangerateofbitcoininvestorsconsultwithanalysts,gatherdataaboutthequotesin theforumsfrequentedbyminersandbyinvestors,studythewebsitesofmajorfinancial corporations,informingaboutthebenefitsofinvestmentsinBitcoin. Theprospectofacurrencyisrelatedtoseveralfactors,amongthem: the demand forcurrency; a buying opportunityon any exchange and the online platform; reliability,confirmedbytheinvestorandtheadventoffuturesontheChicagostock exchange; thetitleofthehomecurrency,theFoundationofthestockmarket. Atthebeginningofthisyear,thepriceofonebitcoinisaround7250USD.Experts believethatbitcoinisnotterriblefluctuations,thecurrencywillremainpopularand stable.
How to make money frombitcoin? First, you can buy coins on the exchange and using exchange’s trading on the trading pair bitcoin / USD to test your luck. Mining bitcoin on your own personal computer will also allow you to earnincome. It is possible to buy coins on one exchange and selling on another, with more favorable terms andrate. To bitcoin through the exchange Internet-site as well as a fairly non-standard way – using the bitcoin faucets and onlinegambling. If you choose the earnings on bitcoin through exchange trading –install on your computer terminal MetaTrader 4 or another similar program. Training on a demo account will allow you to understand the features of earnings in the Internet, and, using the advice of specialists, you will be able to test the trading strategy and understand the trendindicators.
The trading algorithm of the PTS on theexchange Choose a proven business (it will help the forums and related sites). Select a currency pair, for example, the PTS /USD. Studying themarket. Studied the predictions ofexperts. Earnings on the exchange of virtual money involves constant monitoring of the graphs, the prediction of fluctuations in the exchange rate, while it may be prudent to diversify the risks by creating multiple accounts on differentplatforms. Ethereum Ethereum (ETH) is the second currency after the PTS in terms of capitalization. The platform is a decentralized system with a unique technology where are the smart contracts. The system is reliable, scalable, secure andconfidential. The development of the project started in 2017, is currently preparing the transition to Ethereum2.0. Last year the Creator of ETN, V. Buterin noted that the blockchain is implemented sharding, to implement the idea in December 2019 was held the nexthardwork.
The popularity and demand for the ETN are confirmed not necessary: 90% of the projects carried out ICO on the Ethereum platform. At the beginning of this year, the course of bitcoin is around 133 USD percoin. Periodic fluctuations are not a reason for concern, according to the analysts by 2023, one of ETN can be bought for USD 184. Of course, a slight increase in rate will not bring much income, but in the case of possible global changes in political situations, the forecast may changedramatically. The use of long and short term strategies to capitalize on the Ethereum and othercurrencies Long-term investment in cryptocurrency is usually profitable, especially if one coin is purchased for less than 1 USD or EUR. The Electronic money are considered assets with high risks, their odds can drastically and almost wanton to decline, not anincrease. Beginners often prefer intraday trading, and experienced users resort to long-term strategies. There are different trading strategies, we will mention only themain: Scalping strategy, which aims to catch the minimum movement of the market, quickly remove the “scalp” and just get out of the position of the scalper picks up only the first price jump. Here there are increased risks, but have the opportunity to earn a decent amount. The main thing in scalping is to earn a large amount of trades and not on the amount of revenue from every singletransaction
Strategy breakout-style trade, where the trade entry occurs at the time of exit rates beyond the usual corridor. Here we consider the volatility of the currency. Not all breakouts will be true, but if we can get a real breakdown, profit isguaranteed. Trend strategy (the contract remains open from 2-3 to 30 days or more) – the strategy to obtain income while trading in the direction of existing trend. In this case, it is very important to be able to work with technical indicators and understand the mechanisms of influence on the stock market economic and politicalevents. Read More at1btcNews.com