The Currency Analytics
By TCA PR
For anyone who finds themselves frustrated with the lack of growth in Bitcoin and other coins over the last year, here is a solution for generating income in the crypto market no…
One of the most disappointing elements of trading cryptocurrency over the last year or two is the lack of profitability available with most exchanges when the market is moving…
Unlike many traditional brokers, most of these exchanges don’t provide traders with the means to enter short positions or trade small movements in the markets because of…
Most likely at some point in time, a cryptocurrency investor or trader has been left holding coins whose value is dropping, or they missed the chance to make profitable trades as…
Luckily, there is a fantastic solution with a broker that allows traders to solve each of these issues and continue to make money whether they are online or not as well as…
Olymp Trade, a global online broker operating in dozens of countries and supporting over 12 different languages, offers traders the ability to profit often and consistently on a…
Here are a few ways in which it is possible to profit daily off blockchain assets regardless of the ebbs and flows of crypto that frustrates many traders:
First of all, the platform is divided into two different trading methods - Fixed Time Trades and Forex, but crypto is available on both.
Olymp Trade’s Fixed Time Trade mechanism offers up to 92% returns on investments in as little as 1 minute and up to several hours.
The Fixed Time Trade system on Olymp Trade allows traders a way to profit simply by forecasting the direction a coin is going to move in. Take a look at the screenshot below.
This is the 15 minutes Litecoin chart. Litecoin had broken through the most recent resistance level (yellow line), but lost momentum shortly after the breakthrough.
15 minutes later and the price had indeed declined. Even if the drop in price after 15 minutes was not very significant, it had moved in the forecasted direction.
The trade details on the left where it shows the profit was $40 off of a $50 investment (1st arrow) and the price didn’t move much at all (it dropped about .04).
Now let’s take a look at Olymp Trade’s Forex side to show other ways to make money-making positions in crypto.
Just like with Fixed Time Trades, it is possible to open trading positions for up or down movement.