Why 2020 Lockdown is Perfect for Starting Bitcoin Trader Career?
Lockdown era gives a perfect opportunity to start cryptocurrency trading.
Since the beginning of the COVID-19 outbreak, the Americans lost an astonishing 20.5 million jobs, driving the unemployment rate up to 14.7%. This week Goldman Sachs has warned that the total unemployment rate in the United States may peak at 25%, bringing it close to the number of infamous Great Depression.
Though some states throughout the country have started to reopen, government officials have cautioned that infections could rise back again if the social distancing is not followed. Hence quarantine measures would probably remain in place, in some way, through the summer. Economists warn that it might take years to get the jobless rate near the pre-crisis level.
Considering the ongoing lockdown and economic uncertainty, many people have started to contemplate how to change the way they generate income, and crypto might be this year’s solution.
Why Is It Essential to Start Trading Bitcoin Now?
- Using the digital asset to gain profits while staying home
Lately, Bitcoin has become a mature financial asset resembling gold as a safe haven. To give you an example, while the S&P 500 (index showing performance of top 500 companies in the US) contracted almost 15% since the beginning of the year, Bitcoin is up more than 20%. A growing number of investors use bitcoin as a hedging instrument during economic turbulence.
- 60% of profits just for holding bitcoin from last year
Bitcoin shows steady growth in retrospective: while being quite volatile, the assets still can bring you profits just from holding it. Since the beginning of 2019, the Bitcoin price has grown from $3700 to $9300 (more than 60%) regardless of the pandemic.
- 2020 is a very promising year for bitcoin
Just several days ago the number of bitcoins rewarded to those that maintain the bitcoin network, called miners, was cut by half. Though this major event for bitcoin hasn’t had a significant impact on the price, many experts are confident the bitcoin price will climb up eventually this year.
Bexplus: Powerful Instrument for Trading Bitcoin
Bexplus is a popular platform and mobile app for trading various cryptocurrencies and bitcoin particularly. The company, which is headquartered in Asia’s financial center Hong Kong, has been there already for several years and accumulated hundreds of thousands of crypto traders around the globe.
Why Choose Bexplus to Trade Bitcoin?
Reason 1: easy to start. Get 10 free bitcoins for trading simulator
It’s not a big deal even if you’ve never traded cryptocurrency: Bexplus grants each new user with 10 free bitcoins to try trading with its built-in trading simulator. You can start your real trades when you’ll feel comfortable with trading mechanics and the platform’s interface.
Reason 2: bi-directional profits on margin trading. Gain profits no matter where the price goes
Compare with the spot trading where traders just buy in and wait for the price increase, Bexplus allows traders to gain profits on market ups and downs. This is a core feature of so-called margin trading, where you can bid on both price directions by opening long (price grows) and short (price falls) positions.
Reason 3: make 100% profits on 1% price change
Bexplus’ another feature is leverage, which allows traders to start significantly large trades with a small amount of investment by borrowing it from the platform. Bexplus offers 100x leverage, which means it’s possible to open 10 bitcoin trade with having just 0.1 bitcoin. The correct price prediction will lead to 100% of profits from one percent price change.
Reason 4: effective loss prevention instruments
Bexplus offers a powerful kit to control the risks. Set up a stop-loss function to save your margin and utilize take profit to trade effectively.
Reason 5: gain profits passively with Bexplus Wallet
Besides trading, Bexplus offers a 30% annual interest for bitcoin deposits. The revenue calculates daily and even if you’d decide to change your mind, the withdrawal is available anytime.
Limited Offer: Sign up Now and Get a 100% Deposit Bonus
Bexplus offers a 100% deposit bonus for all new users: double your bitcoin by signing up and making a deposit. For example, by depositing 1 bitcoin you’ll get 2 bitcoins in total on your balance account which can be used as margin (the bonus is not withdrawable but the profits made with the bonus can be taken away.)
Find more about Bexplus:
Website: https://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
