Where to invest your bitcoin is not an easy choice to make. I have made a lot of investments with my bitcoin; some went quite good while others went very bad. In fact, when you are making an investment you must be absolutely aware that you might lose it most of it. Throughout the years, I have been in bitcoin — I have invested in mining, trading, betting, Altcoins, and even in Ponzi schemes. Needless to say, the last option made me win some good profits but also made me lose a lot more.
Lately, I have been putting my coins in Binary Options. Binary Options trading is a very simple and easy way of investing and having some real returns, and once I found out about it I started to invest and up until now have been making some profits. Choosing an asset is the first step of your investment. Binary options are making estimates of an underlying asset performance during a particular time frame. In most forms of investment, the investor purchases the asset they invest in, and the value of the profit and loss is determined upon the changing value of the asset.
First you will need to choose your Binary Options Broker. To do that you need to perform your search and figure out what are the most trustable and benefiting Binary Options Platforms in the Market. As for me, my choice was Bitplutos.
But why did I choose Bitplutos? Besides, allowing users to use an anonymous account, Bitplutos also had some other features that could help me stay on track such as: You can open an account and start practicing binary options trading right away with the Bitplutos demo platform with no risks involved however, you need to become an investor first. The Bitplutos Education Center also provides novice and experienced traders a valuable resource for learning and improving binary options trading techniques and strategies.
First you need to choose an amount to invest. I started with about 2. The strategy I have used is quite simple. All you need to do is to have an estimation as to where the market is inevitably heading; you can do that by analyzing the charts in longer timeframes to evaluate whether the market is heading up or down.
After opening a Call or Put position accordingly, you will have to wait for it to expire. If you lose the position, you will need to open the same position with the double amount 0. If you are still in a loss after the second round, you will need to keep opening the same position and doubling the amount until you have your win.
Once you have your win, you start all over again from the lowest investment value. Once you reach the demanded amount, you will be able to withdraw your investment and continue to invest with your profit.
You can always Sell your option before expiry to save some losses! To get started, you will need to register at bitplutos. Within the registration process, you will have the choice to select either if you want to stay completely anonymous or partially anonymous.
After that, you need to make a deposit via your Bitcoin wallet, a Wire Transfer, Skrill or Neteller and then ask for the first deposit bonus to be credited. Once this is done, and you have your Bonus credited you can start to use my strategy.
I hope this has covered at least some of the important information needed to start trading binary options and will be useful for some. As said before, this is a very simple and easy strategy but it should bring you some good profit if used correctly.
Furthermore, my advice is never to invest more than you can afford to lose. If you stick to the rules, you will do fine. This is an advertorial, there is a high degree of risk involved investing in binary options. Please seek professional advice prior to acting on any analysis, articles, or information provided. Sep 28, By. How to Invest with Binary Options.More...