The year 2020, so-called “The Year of Crypto Halving”, is important to the whole cryptocurrency industry. As we know it, since 2012, the halving of bitcoins happens every 4 years, which means the block rewards reduce by half every 4 years. Thus, its scarcity lifts up the Bitcoin Price. Besides, BCH, BSV, ETC, etc. are all facing the halving in 2020, the expectations of the market become optimistic.
In fact, since 2020 came, the cryptocurrency market has boosted as the funds started moving in. The bitcoin price, which broke the $10,000 mark, has risen by 50%. The increase lighted the market, and once became the trend online. As the wind vane of the cryptocurrencies, the opening of Bitcoin in 2020 stimulates the market to be bullish.
Bitcoin, the underlying owns the highest ROI in the last decade, did attract the following of the capitals. Statistically, many investors outside the cryptocurrency industry also tried to put Bitcoins into their portfolio. Some newbies are also dreaming to earn money from Bitcoins, but most of them have no idea to start purchasing Bitcoins.
How do newbies buy Bitcoins?
First, it is important for newbies to choose a trustworthy platform. Take BitOffer, which has been licensed as an STO cryptocurrency exchange in Singapore, a professional Bitcoin derivatives exchange. To provide a one-stop financial service to investors, it offers several Bitcoin trading patterns such as spot trading, Bitcoin Options, Bitcoin ETF, etc. Moreover, BitOffer charges the lowest fees for spot trading (0.05%). To a great extent, it does save time and money for investors.
After choosing the platform, you need to do the KYC, deposit the funds, and make sure your account safe. Then, you can start buying Bitcoins. As Bitcoin derivatives developed, the trading patterns of Bitcoins become diversified. For normal investors, Bitcoins on the spot trading market, Bitcoin Futures, Bitcoin Options, Bitcoin ETF, etc. are all their selections. However, to newbies, which one is the best one?
Here is the difference among Bitcoins on the spot trading market, Bitcoin Futures, Bitcoin Options:
For example,
Now the Bitcoin price is $10,000, when it rises from $10,000 to $10,500;
1. Spot trading: Earning $500 as the profit if buy a Bitcoin.
2. Options: Earning $500 as the profit if buy a call options contract.
3. How do investors earn the same profit in Bitcoin Futures?
If the investors open 20X Long Bitcoins with $500, then the bitcoin price needs to rise by at least 5%, so that the investors could earn the same profit as the other two above.
However, even the profits are the same, their budgets are different:
1. Spot trading: $10,000
2. Bitcoin Futures: $500
3. Bitcoin Options: $5
Obviously, the input of Bitcoin Options is the lowest, which means its risk is also the lowest, but it brings the investors the highest return while it can help investors earn $500 with only $5, which reaches 100X leveraged. Thus, even the trading patterns are diversified, we can still conclude that Bitcoin Options is the most suitable one for normal investors.
Please notice that the Bitcoin Options I mentioned above is BitOffer Bitcoin Options, which requires 0 Fees, 0 Margins and no exercise for investors. It enables the investors to earn a 1,000 times profit whether the bull market or bear market.
Topic: BitOffer Institute: How Do Newbies Buy Bitcoins? (Read 101 times)
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