Coronavirus is making big trouble.
The number of U.S. cases has topped 1,000 and at least 104 countries have detected citizens infected with the disease that caused worry of fear.
It took 3 years for bitcoin to grow from binary data to 1 USD while it took the virus 3 months to spread throughout the world and kill over 4,000 people.
The U.S. stock market has seen a historical circuit breaker, showing that the stock market is less fluctuant than the cryptocurrency is a joke.
However, bitcoin suffered as well. The price of bitcoin has plunged to under $8,000 and there is no evidence it will rise soon to meet the positive expectations of the halving opportunity.
So, is there any way a crypto trader can generate profits even in such a bear market?
The answer is… wait, you have an answer? Please.
“Yes, we can short bitcoin beforehand.”
Correct, but not the perfect answer. It is not the only method.
In comparison to spot trading, futures trading allows traders to make profits out of the future price difference of the derivatives. You can long or short a derivative by positioning its current true value and being reasonable according to the market sentiment.
With futures trading, you can use a small margin to open a leveraged position. However, during horizontal movement, futures trading may result in thin profits, potentially too thin to cover a potential loss of margin.
Options Trading: Higher Profitability Than Futures and Spot Trading
An option is a contract that does not require you to buy or sell an underlying instrument but gives you the right to take profits on the change of its value.
For example, let’s assume tou trade ETH options and predict its price will go up. If it goes up (no matter how big or small the change is), you can take the profits. All you need to do is predict the right direction of the market, and open options to automatically sell to other traders who hold the opposite option.
You don’t need to swap your bitcoin into ETH. Using bitcoin to trade options over all the other cryptocurrencies saves all the swap fees for you.
Now, please let me introduce how to make a profit with options trading, it can double your bitcoin every 60 seconds.
IE Option: It Is EASY to Make Options Trading to Gain up to 91% Profitability
IE Option, registered in London, United Kingdom, is an options trading platform operated by a team of blockchain experts and financial professionals. IE Option focuses on cryptocurrency-based financial derivatives including BTC, LTC, ETH, EOS, and XRP.
The profitability is from 60% to 91%, the most popular asset is BTC/USDT which gives 81%. The profitability means that if you open an option with 1 BTC and predict if the price will go up or go down 60 seconds later.
If the price goes as you predict, you will take 1.91 BTC back. If wrong, you will lose it. If it comes back to the original price where you bid, you will get 1 BTC back.
Doing the math, once your winning rate is steadily over 52.36%, you will earn more bitcoin than you lose.
(If you make it right for the price trends where it will go 60 seconds later, you will take your margin and revenue together immediately.)
Easy Deposit & Quick Withdrawal
How to start your earning career with IE Option?
Step 1: Create an account. IE Option cares about your privacy and does not ask for personal information, all you need to provide is simply to verify your email. The registration usually takes 30 seconds.
Step 2: Make a deposit. Bitcoin is accepted as the deposit crypto. You will get an exclusive bitcoin address to process your funds. The minimum deposit amount is 0.001 BTC. Once the bitcoin transaction is confirmed by the blockchain, it will be added to your account balance immediately.
Step 3: Learn and trade. IE Option offers 10 BTC in your demo account for practice use. On you’re prepared, switch to the Real Account, watch the K-line carefully and keep calm, find the right timing to place your first option and wait 30 seconds to show the result. The only goal you need to go for is to reach a satisfying winning rate.
Step 4: Withdraw your profits. IE Option provides a quick liquidation process, your withdrawal request will be handled within 2 hours, and if with your email confirmation, it will be accelerated to take only 30 minutes.
100% First Deposit Bonus
IE Option is giving away a 100% deposit bonus to limited new users. All first deposit will be automatically doubled within 24 hours, without efforts to submit forms or do anything to get qualified. Simply deposit 1 BTC, then get 1 BTC bonus.
The deposit bonus can be traded in the same way as real bitcoin and you can withdraw its profits, more importantly, the amount of the profits is not limited.
Mobile App for Android & iOS
With mobile applications developed by IE Option Ltd., users can take this magical and powerful trading tool to your pocket with the same trading features from the website. Search IE Option trading app or go directly with the official links as follows.
About IE Option
Important information: please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances.