Connect with us

Published

on

On May 19, most cryptocurrencies plummeted by more than 50% within 24 hours due to the panic from investors. According to statistics, more than 500,000 people suffered liquidation.

Advertisement

header-banner-ad

After the Plunge:

1. Justin Sun said that he has bought $152 million in Bitcoin with an average price of $36,868 and $135 million in Ethereum with an average price of $2,509. And mentioned Elon Musk, cz_binance, and Michael Saylor on Twitter to lead cryptocurrency together.

2. Zhao Changpeng(Binance CEO) took the price of BNB last year on May 20 as an example, suggesting that everyone can make money by holding coins.

3. Elon Musk seems to state that Tesla firmly holds Bitcoin.

4. Cathie Wood, founder of ARK Fund still believes that Bitcoin will rise back to $500,000.

In the Face of Long-Term Bullish Kols, How Can You Quickly Earn More Bitcoins?

1. Understand Futures Trading

Futures trading is specially designed for traders to hedge loss and to profit from market volatility rather than be stuck simply stashing their coins. Traders can borrow leverage from exchanges to greatly enhance their buying power. Futures trading with leverage is extremely profitable during market sell-off, where large quantities of bitcoin are dumped into the market.  

For instance, if you use 1 BTC and 100x leverage to short bitcoin at $12,000, when bitcoin drops to $11,000, you will earn ($12,000 – $11,000) * 100 BTC/$11,000 = 9.09 BTC. 

However, make sure you use stop losses to protect your positions from great volatility. Take profit is also a useful tool when you can’t monitor your positions as often as you like. 

2. Sign Up 

Bexplus is a leading crypto trading platform operating across over 30 countries, which allows you to take advantage of both the ups and downs of the markets. Bexplus is famous for its beginner-friendly interface and help desk.

Bexplus requires no KYC so you only need to open an account with an Email address, in just 1 minute. Once registration is complete, a trading account and a demo account with 10 BTC are opened automatically.

3.Risk-Free Trading: A Demo Account

Successful traders are those who learn to analyze the market and could always keep a clear head. When trading, traders often find themselves being controlled by emotions either because the prospect of losing money is too scary, or because the possibilities of earning more by stacking more investment is too tempting. The best way to improve your skills and mindset is by practicing in the free demo account. 

Every user is given 10 BTC at the beginning and they are replenishable, so you can try out different strategies as much as you like. 

4. Make A Deposit And Claim Bonuses

No deposit fee is needed. You can start your deposit at 0.001 BTC. Bexplus supports Bitcoin, ETH, and 11 other cryptocurrency deposits, as well as USD, EUR, and GBP deposits. With one Visa Card, you can start your journey of accumulating bitcoin.

To enhance traders’ profitability, Bexplus offers a 100% deposit bonus to every trader. Deposit 1 BTC and you will get 2 BTC, and up to 10 BTC is available for each deposit. The bonus is not withdrawable but could be used as margin. 

5. Earn Passive Income With Bexplus

When you are not trading, you can transfer your BTC to the interest-bearing wallet and enjoy up to 21% annualized interest. 

The interest is calculated daily and the revenue of the deposit will be settled monthly. The monthly interest is calculated as (S*I/365*21)=MI. S represents the sum of the deposit, I stands for interest, and MI is the monthly interest.

If you deposit 10 BTC in your wallet, the monthly interest you would receive is (10*21%/365*30)=0.24 BTC. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.

Bexplus platform has everything you need in becoming a successful trader, from educational materials to your own account manager. If you want to ride with the bull run, don’t hesitate to join Bexplus now. 

 Advantages of Bexplus

  • No KYC requirement, registration with Email verification
  • Demo account with 10 BTC for traders to get familiar with leverage trading
  • 100% bonus for every deposit and 10% off of transaction fee
  • Intuitive and full-featured App on Apple App Store and Google Play
  • Affiliate program with up to 50% commission reward
  • 24/7 customer support

Join Bexplus to get a double bonus and become a senior trader!

Advertisements



Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

Advertisement

Review

‘Be Patient- Bitcoin Price To Recover’ Says A Popular Analyst

Published

on

The global market capitalization for the past couple of days is experiencing an extreme drain. Most of teh crypto assets are registering a consecutive 5 red daily candles in a row. The huge selling pressure accumulated on the Bitcoin price has compelled it to bottom below $38,000. By trending very close to the support levels around $37,000, the fear of BTC price revisiting levels around $34,000 hovers. 

Despite the bearish sentiments surrounds the assets, yet it is believed that the price will recover very soon. A popular analyst Alan Santana, suggests his followers to patiently wait until the price flips the bears. He also said that some people are already giving up Bitcoin, falling into the trap of ‘Panic Selling’. And also asked his followers not to join them, rather wait until the next pump.

Also Read: Dogecoin Price Feared To Continue With A Bearish Trend, Is $0.2 At Stake?

btcchart

The price seems to be following the path led by the analyst as it bounced significantly on visiting the support zone at $37,978. With a significant bounce, the price could surge close to $40,000 or above. However, yet the chances of forming lower lows still hover the rally. And in such a case, the price could even visit the lower support at $35,700 and rebound. 

However, $35,700 are among the strong support levels and if in case, the Bitcoin price fails to sustain, then a plunge below $34,000 may be imminent. But considering the indicators, the RSI has already bounced back and MACD showcases ease in the selling volume. And hence considering the factors a bounce above $40,000 may be on the way for BTC price.

Also Read: Cardano(ADA) Price Spikes As Bitcoin & Ethereum Yet To Manage The Trembled Situation!

Advertisements



Continue Reading

Review

torbits.top

Published

on

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is torbits.top Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Advertisements



Continue Reading

Review

crypto-guild.ltd

Published

on

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is crypto-guild.ltd Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Advertisements



Continue Reading

Trending

  • bitcoinBitcoin (BTC) $ 39,088.00
  • ethereumEthereum (ETH) $ 2,679.47
  • tetherTether (USDT) $ 0.999690
  • binance-coinBinance Coin (BNB) $ 331.23
  • cardanoCardano (ADA) $ 1.37
  • xrpXRP (XRP) $ 0.722271
  • usd-coinUSD Coin (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.199039
  • polkadotPolkadot (DOT) $ 18.96
  • uniswapUniswap (UNI) $ 23.24
  • binance-usdBinance USD (BUSD) $ 0.999208
  • chainlinkChainlink (LINK) $ 23.58
  • bitcoin-cashBitcoin Cash (BCH) $ 532.86
  • solanaSolana (SOL) $ 36.52
  • litecoinLitecoin (LTC) $ 139.42
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 39,114.00
  • matic-networkPolygon (MATIC) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 50.73
  • stellarStellar (XLM) $ 0.273229
  • terra-lunaTerra (LUNA) $ 14.62
  • theta-tokenTheta Network (THETA) $ 6.03
  • vechainVeChain (VET) $ 0.088202
  • daiDai (DAI) $ 1.00
  • internet-computerInternet Computer (ICP) $ 39.07
  • filecoinFilecoin (FIL) $ 56.13
  • compound-usd-coincUSDC (CUSDC) $ 0.022199
  • tronTRON (TRX) $ 0.069681
  • okbOKB (OKB) $ 18.57
  • aaveAave (AAVE) $ 353.04
  • moneroMonero (XMR) $ 243.19
  • cdaicDAI (CDAI) $ 0.021644
  • compound-ethercETH (CETH) $ 53.78
  • ftx-tokenFTX Token (FTT) $ 37.24
  • eosEOS (EOS) $ 4.09
  • cosmosCosmos (ATOM) $ 12.77
  • pancakeswap-tokenPancakeSwap (CAKE) $ 17.12
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.122652
  • the-graphThe Graph (GRT) $ 0.656215
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • neoNEO (NEO) $ 43.04
  • amp-tokenAmp (AMP) $ 0.061549
  • leo-tokenLEO Token (LEO) $ 3.00
  • tezosTezos (XTZ) $ 3.24
  • klay-tokenKlaytn (KLAY) $ 1.07
  • algorandAlgorand (ALGO) $ 0.835096
  • makerMaker (MKR) $ 2,910.03
  • bitcoin-svBitcoin SV (BSV) $ 136.98
  • celsius-degree-tokenCelsius Network (CEL) $ 5.88
  • compound-governance-tokenCompound (COMP) $ 447.89
  • iotaIOTA (MIOTA) $ 0.855466
error: Content is protected !!