1000 CRYPTO COINS FOR FREE! and free crypto miners!
Looking to be better at crypto in the fastest way possible?
Using this method I've been able to go from 25$ to 800$$ in my first week!
Have a look at what I was able to achieve. First!
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Step 1: Day trading cryptocurrency
Now, if you’re more of a seasoned trader and a bit of a dab hand at Japanese candlestick charting, this could be just the ticket for you. There are numerous platforms and exchanges that support crypto day-trading, but StormGain is probably one of the best around. Not least because we only charge the swap once per day.
In principle, this strategy couldn’t be simpler – you buy as low as you can and sell as soon as the prices reache your target for the day. However, in practice, it can prove very tricky to predict the way in which this incredibly volatile market is going to move. Despite its high-risk nature, day trading can indeed be extremely lucrative for technical whizzes. With daily fluctuations between 20-50% being fairly commonplace in the cryptocurrency sector, the potential for stellar returns is indisputable.
Step 2: Medium-term trading
This method has probably been the most effective way to make consistent profits over the past year or so. Since the bubble burst in early 2018, the vast majority of coins have been trading sideways within fairly limited ranges (barring a lengthy lull at the beginning of this year). If you were able to follow a strategy of buying when you saw the currency relatively undervalued and then sold it within a period of about a month, you could make a decent regular profit over a reasonable length of time.
The key with this is not getting too greedy: you need to set yourself a target of 10-15% and then sell as soon as this level is reached. It doesn’t sound like a lot for a market that is famed for its volatility, but when you can do it safely around 4 times in just six months, you can easily manage an annual return in the order of 100%.
Step 3: Cryptocurrency arbitrage
Whatever your personal opinion on truly free markets is, the fact is that the cryptocurrency market represents one of the few such examples today. And it is this very freedom from regulatory or governmental control that allows for such massive volatility and huge price variations across different exchanges.
But what if there’s a virtually risk-free way you can manipulate this system to your advantage? It’s called arbitrage and, once you know how it’s done, there are few easier ways to make money from crypto.
All you have to do is find one exchange where the price of a given coin is relatively low and then seek out another that is selling the same coin at a sizeable premium. Quite often, you will be able to find a spread of anywhere between 5-40%. Lastly, when you’re happy with your spread, simply buy the coins from the cheaper exchange and then sell them on the more expensive one. It really is that simple. Of course, any commission due will eat into your profit somewhat, but you should still make a decent return on your investment.
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