Generate Bitcoin for Free Using This Method
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Everyone seems to be talking about Bitcoin right now and the reasons are pretty clear. Firstly, in these economically unstable times an alternative to the traditional currency markets is obviously going to be attractive. Also, Bitcoin is growing in value at an incredible rate. This means that if you already have Bitcoin in your portfolio, you will want to examine how you can make the most of your crypto capital and not just let it sit idle.
The price of Bitcoin is only going to rise. According to the 2020 Crypto Research Report (CRR), which projects cryptocurrency prices, Bitcoin is expected to continue increasing in value and hit above $20K by the end of 2020 and rise to just over $340K in 2025. The report claims that if Bitcoin continues on its current growth trajectory, it will reach 10% penetration, with a price of almost $400K, by 2030.
There are countless ways in which you can invest your Bitcoin. You can exploit the current price boom and day trade the currency for rapid, risky, but potentially high returns. Alternatively, you can HODL, holding on to your Bitcoin for the long term as you wait for it to appreciate. This is far less risky, but the disadvantage is that it means your coins are just sitting doing nothing and are not generating additional profits. Then of course, there is crypto arbitrage, an investment strategy that is widely acknowledged to be one of the lowest risk forms of investing. What you may not have heard is that it can also offer exceptionally high returns.
Crypto arbitrage is a trading strategy that involves taking advantage of price discrepancies between crypto exchanges. Essentially, there are short periods during which a cryptocurrency will be available on multiple exchanges at once, but at different prices. The market will eventually adjust and the price disparity will resolve itself, but during this window of opportunity, a crypto investor can buy the coin on the exchange where it is being offered at the lowest possible price and then sell it on the exchange where the price is highest to earn a profit.
The benefits are undeniable. As mentioned above, the risks are negligible, yet the returns are unparalleled. In addition, since exploiting crypto arbitrage opportunities requires the speed and efficiency of an automated algorithmic trading system, you can get on with the rest of your day, while the platform trades on your behalf, generating revenue, without requiring you to have any prior knowledge or make any effort researching currencies or tracking market patterns and price shifts.
Obviously, everyone’s number one priority when it comes to investing is making as healthy a profit as possible. At ArbiSmart, the platform generates guaranteed profits reaching up to 45% a year, depending on the size of your deposit. Basically, as with all investment platforms, the amount you put in will impact the size of your return.
The exact amount that you can expect to make on your Bitcoin, or Euro, can be viewed in the company account page, which lays out monthly and annual profits for each account level. There is also a useful profit calculator, which will inform you how much you need to invest to reach a specific profit target within a given time frame. Equally, it can show you your projected earnings, based on a specific deposit amount.
While profits are of course of primary importance, the safety of your savings is also a major consideration. That is why under no circumstances, should you invest with an unregulated platform.
In the crypto sphere there are all kinds of bad actors, from individual’s misrepresenting themselves, to hackers and companies that disappear overnight. So, if you are investing your Bitcoin, you want a company like ArbiSmart that is well-established, with an accessible support team, a solid reputation across social media, on consumer review sites and in the press.
In addition, ArbiSmart is fully licensed and regulated across the European Union, with an FIU license that ensures the company has adequate funds to operate and cover client accounts, the software is secure and functions reliably, company and client funds are held separately and client verification measures are implemented.
ArbiSmart’s license not only covers its crypto arbitrage platform, but also entitles the company to provide wallet services. In 2021, the company will offer an interest-bearing wallet for fiat and crypto, meaning that instead of leaving your Bitcoin sitting idle, you can earn interest of up to 45%, depending on the size and currency of the deposit, as well as the type of savings account chosen. Wallet holders will be able to choose a flexible account, where profits can be withdrawn at any time, or a high-interest account, which can be closed for a pre-determined time frame, with higher interest for a longer account closure.
So, if you want to benefit from the incredible growth of Bitcoin and make money from your coins with zero effort then crypto arbitrage offers a great low-risk, high-return option both for experienced crypto investors and novices with some cash to spare.
Click here to learn more about crypto arbitrage, or here if you want to already start generating free Bitcoins!
Author: By Press release
Analysts say surging Bitcoin whale inflows heighten chance of BTC correction
Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400 to $19,600 range to prevent the all-time high from being breached. Above the record high, there is little resistance until a new ceiling is achieved.
Data from both CryptoQuant and Whalemap show that the $19,500 level is an important area for whales.
First, there are large whale clusters at around $19,500. This means that whales bought BTC here and did not move their holdings, which might make it a take profit region.
Furthermore, whale inflows to exchanges have been increasing as the price of Bitcoin surpassed $19,500. This shows that whales are strongly selling or shorting $19,500 and beyond.
A pseudonymous trader known as “Byzantine General” also emphasized that there are heavy sell orders on Binance. He noted that the $19,500 level would be a difficult resistance area for buyers to break.
Binance doing shenanigans again.
19500 will be difficult to breach.$BTC pic.twitter.com/8LAQmAM47P
— Byzantine General (@ByzGeneral) December 3, 2020
In the near term, analysts are divided on the short-term outlook of BTC. Some say that a major correction could still come, especially if BTC continues to reject at the $19,500 level.
Ki Young Ju, the CEO of CryptoQuant, said he expects BTC to either move sideways or down in the short term. He wrote:
“I’m long-term bullish, but I think it’ll go sideways for a few days or get corrected. I think we can’t break $20K in the short-run. I expect it’ll break 20k at the end of this year. (I’m not a PA trader tho) In conclusion, OG whales stopped HODLing and I’m short-term bearish.”
Ki pinpointed that Bitcoin whales stopped accumulating Bitcoin at the current price. He explained that it is difficult to segregate institutional bids from spot bids. Still, he said that the timing of the stalling of BTC’s rally and the sell-off from whales match. He added:
“This $20k battle would be $BTC OG whales versus retail investors. And I’m on their side, short-term bearish. I know on-chain data can’t tell the inflows of institutional spot bids. But it looks like current BTC whales(OGs) stopped their move that was good for the bull rally.”
Bitcoin (BTC) saw the biggest whale inflows since July, according to data from CryptoQuant. The data coincides with BTC’s continuous rejection at $19,400.
Bitcoin price metric that called 2020 bull runs flashes ‘buy’ again
An “elegant” Bitcoin (BTC) metric that predicted its run to $12,000 in August has flashed bullish again for the first time since July.
As noted by creator Charles Edwards on Dec. 3, the Hash Ribbons indicator is now signalling for buyers to enter the Bitcoin market.
Uploading an annotated chart to social media, Edwards, who is also the founder of digital asset manager Capriole, noted similarities between Bitcoin now and before previous bullish upticks this year.
“Look what I found. A blue dot,” he commented, identifying the new entry point.
Hash ribbons are based on Bitcoin’s network hash rate behavior and designed to tell investors when price is due to experience upside.
In theory, when miners capitulate due to events such as a major price correction, hash rate declines, only to revive thanks to Bitcoin’s automated difficulty readjustments. Hash ribbons demonstrate that around midway through this miner capitulation is an optimal time to take positions.
As the saying goes, “price follows hash rate” in Bitcoin, hash ribbons lend technical proof to the popular mantra.
Edwards’ “blue dot” occurs when the 30-day hash rate value crosses the 60-day value, indicating a recovery is underway.
“Hash Ribbon is setting up for a buy signal soon,” Rafael Schultze-Kraft, CTO of on-chain analytics resource Glassnode, continued with a further chart.
“When hash rate recovers (30d MA crosses above 60d MA) and $BTC price momentum is positive, Hash Ribbon has given excellent entry points.”
Schultze-Kraft described hash ribbons as “elegant” for the indicator’s reliability. In July, the time of the previous “blue dot” event, Bitcoin took a matter of weeks to post highs not seen in over a year.