Bitcoin has been evolving for some couple of years now and the rate at which it is booming in the crypto-currency market is amazingly incredible. People are making quite an unimaginable amount of money from trading or investing in crypto-currencies, well-known is Bitcoin (BTC), Ethereum, Litecoin. Dogecoin, etc.
Besides the mouth watering profit out of these various trading and investment, there are cons or downsides in getting into these venture. We will like to start from the the basic understanding of what crypto-currency is all about, to the beginners and then, explain what is involved in this form of business.
What is Crypto-Currency?
Crypto- currency is a digital asset designed to work as a medium of exchange that uses cryptography to secure it’s transactions, to control the creation of additional units and to verify the transfer of assets. In lay man’s terms, it’s a form of money (physical money), but this time, a digital money.
Features of Crypto-currencies
Crypto-currencies work with internet, without internet, you can’t access them. Compared to physical money, are not stable.
*You can’t touch nor feel them. They are anonymous.
*They are volatile. The value depreciates and appreciates any time.
*They are not centralized or controlled by any single organization like physical currencies.
*They are kept in online wallets, unlike physical wallets or purses.
Now, lets go ahead and introduce to you, some Crypto tradings and investments. Our main target is with HYIPS (High Yield Investment Programs).
Note: High Yield Investment Programs are very often Ponzi Schemes. This means that they have a certain life cycle. During the beginning of this life cycle you are able to make profits from the scheme, together with the other early investors. But there is always a tipping point when the system crashes and all investors who came too late, which means too close to this point, will lose their money. Because that’s the point when the system will stop all payouts and simply disappear. The happy owner then get’s away with all the late investments.
Bitcoin HYIP are monitored and tested. Once you are here, you will be told of when to and when not to invest or trade. We are more interested in much we can make from these venture or programs and which ones are going t last for us to trade with more. If you are interested in any ponzi program or HYIPs, this is for you.
You can do profit by investing in Bitcoin HYIP. Though you must know, that most high yield investment programs will sooner or later turn into a scam and run away with your investment. Make sure you understand how the program runs before u get into it. Most importantly, beware it’s a game. If you win, you win big, same as the risk level though. I know you are having the following question in your mind at the moment.
How can i minimize the risk?
Bitcoin high yield investment programs, also short Bitcoin HYIPs, may pay you high returns for a small amount you invest in them. These programs get the profits by trading Forex, stocks and bonds, sports betting oil, and other. HYIPs pay hourly, daily, weekly or monthly. The daily income rates depend on the HYIP itself and range from 0.5% to 6%.
The lifespan of HYIPs is very important to minimize risk.
The lifespan of HYIP can be divided in three parts or phases.
Phase 1: The Launch. Admin launches a HYIP platform. Investors invest Bitcoin, Admin pays the promised percentage. Admin is essentially paying from his own pocket and is making losses.
Phase 2: The Upswing. The HYIP is booming, many people are signing in and investing. The potential profit of the admin grows faster than the amount he needs to pay daily to the investors.
Phase 3: The Fall. Only fewer people continue investing in the platform. This means, that the potential earning is getting less, due to the fact that the admin needs to pay out a profit daily. Admin decides, that now is the point of maximum earnings for him. First, he stops all the payments out of the website, yet you can continue invest. Later he runs away and closes the website.
As seen in the upper notes, the periods you are going to earn are phase 1 and 2. This means you need to join as early as possible, equivalently, you need not join too late. To find out if the HYIP is in the beginning of phase 2 can be quite challenging but it’s worth researching.
Some Rules and procedures to follow in making up your mind to join a Bitcoin trading and investment HYIP.
️️️If the HYIP is paying between 5% and 2.5%, then don’t join it after it has been there for more than four weeks.
If the HYIP is paying more than 5% daily, then don’t join it after it has been there for more than two weeks.
If the HYIP is paying less than 1.5%, then the choice is hard. The website might pay for a very long time like HashOcean (more than a year), or stop like Business Angels (less than three months).
Don’t forget to request manually your daily withdraw.
When getting involved in the volatile bitcoin trend, the first decision you need to make is whether you should trade or invest in the cryptocurrency.
The suitability of either option depends upon a number of factors, ranging from appetite for risk to long or short-term investment strategies.
To help you make the right decision, we’ve laid out some features of both below:
Trading Bitcoin
👉🏻 Can speculate on the price without actually owning coins
👉🏻 Can apply leverage to open a position for just a fraction of the value.
👉🏻 Can trade quickly, without the need to wait for exchanges.
👉🏻 Can find opportunity selling Bitcoin as well as buying it.
👉🏻 Greater potential for short term profit, as well as greater risk
Investing In Bitcoin
👉🏻Allow you to take full ownership of the bitcoin purchased
👉🏻Must make the purchase via an exchange and store in a wallet
👉🏻Must risk the full value of the asset to open the position
👉🏻Can use bitcoin to make purchases
👉🏻Ideal for longer term, patient investors
We hope you have enjoyed reading at this point and you may be eager to start with any trading or investment into a HYIP. To make any investment or trade with a HYIP, we will recommend you join Vortexprofits or Bitsequence who provide daily earnings of 2.5% and 3% respectively. These two companies have proven to withstand for quite a longer time.
If there is any other HYIP you are into and you wish to share, kindly let us know in the comment section. Thank you for reading.
