Measure 3 Common Types of BTC Investment
1. Invest in BTC Spot and Wait for Appreciation
Bitcoin spot trade might be the first transaction type that most investors will opt for when they just entered the cryptocurrency area. Investors can directly buy BTC with fiat currencies. The only way to earn money with the BTC spot is by waiting for its price to rise. Unless you are a BTC believer and willing to wait for its appreciation in several years, you should turn to another type of investment.
2. Exchange BTC to USDT and Earn the Spread
USDT is the cryptocurrency version of the US dollar and also considered a stable cryptocurrency. Generally speaking, when the BTC, as well as other cryptocurrencies, drop, USDT may perform the opposite way and rises a little. Therefore, when the BTC market is going to get down, investors will exchange BTC to USDT to earn the spread.
3. Make Two-way Profits with BTC Futures Contracts
Different from the former two types of investment, BTC futures trading enables investors to make a profit from both BTC prices up to and down. What you should do is predict the BTC trend will be upward or downward in the near future. Besides, it provides X times leverage, which means even though you actually hold a small amount of BTC, you can also open a larger position. No matter at which price you start investing, as long as you choose the right direction, you can have a chance to make great profits.
Which Investment in Bitcoin is Profitable Based on the Current Trend?
Since BTC keeps a repeated and slight falling without any big break out, it's obvious to notice that the former two investments are not smart options. But with BTC futures trading, as long as there is price fluctuation, there is an opportunity to profit from it.
As you can see in About Us page, Bexplus is a popular cryptocurrency futures exchange which provides Bitcoin, Ethereum and Litecoin perpetual contract with 100x leverage. Established in late 2017, Bexplus has completed tens of millions of US dollar fundraising and financing, which guarantees the solid foundation as well as long-term development of the Bexplus exchange platform. It also supports 15 languages and covers 26 countries and regions worldwide.
BTC, ETH, and LTC perpetual contract which means you can open or close an order anytime you want. You can decide to long (assuming price up) or short (assuming price down) BTC, ETH, or LTC based on your own analysis. For example, with 100x leverage added, you can use 1 BTC to enter a 100 BTC trade. If the price goes up or down 1%, you can get 100% profit. Furthermore, you can set stop-profit and stop-loss to control the risks. Read more futures trading rules.
Whether Bitcoin will take off in 2019 or not, you can choose to invest in BTC futures contracts and get profits. If you haven't yet traded futures before, you can try it in the trading simulator with a 10 BTC preset.