Make Money Investing in Bitcoins with Binary Options

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  • Binomo
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3 Ways To Make Money With Binary Options Trading As a Beginner

3 Ways To Make Money With Binary Options Trading As a Beginner

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Last Updated: Aug 30, 2020 @ 10:07 am

With beginners in mind, i am writing this article to explain how you can make money from binary options trading without ever learning how to trade!

Yes. Everything has been made really simple by other professional traders.

People, especially the newbies often think that binary options is “scam” especially after considering what other minority are saying about it but i can boldly tell you that trading options is not fake.

Needless to say, binary options is a new innovation in the world of online financial trading which came into existence about 3 – 6 years ago.

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Everything You Need To Know About Binary Options As A Beginner

In simple terms, Binary options are types of trade options where the payoff (reward) received is either all or nothing at all. This type of option has really gained popularity in recent years with more binary options brokers appearing day by day.

In this type of trading, there’s no need to worry about liquidity and volatility of assets any longer when executing digital option trades. It fixed payout and there are only two possibilities in this type options. First, either the price of the current rate of asset will rise or fall within a specified time frame. Your ability to predict correctly, the result of your binary option trades will determine the reward you’ll get after the trade has expired.

Terms like “In the money” and “out of the money” are binary options jargons often used to denote when a correct prediction has been made within a specific time frame or incorrect prediction made within the same time respectively.

It is very simple to understand and use because the most important thing you need to know is to predict correctly, the asset’s trend direction within a specific time frame.

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  • Binomo
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Assets traded in options could be stocks, commodities, indices and forex. Since it have expiry times and dates, your fixed return price is also known as the strike price.

What i consider best aspect is that regardless of how much the instrument or asset has moved, you are paid a fixed return on expiry provided the correct prediction was made. On the other hand, a trader who predicts wrongly on the asset’s direction will end up losing a fixed part of his or her investment or can even lose it all at expiration.

If a trader believes the market trend of an asset will go higher at a specific time, the trader would purchase a “call” while traders that believe the market trend of the same asset will go down for that specific time frame would purchase a “put”.

In both directions, you can make money by earning a fixed return on your investment provided the correct prediction was made.

For a call to make you money, the current price of the asset must be above the strike price at expiration. In the same vain, for a put to make money, the current price of the asset must be below the strike price at expiration.

One major advantage of trading options is that both the risks involved and reward are known. This simply means that it doesn’t matter how much he trade moves in favor or against the trader. One the factor is always certain, win a fixed proportion of your investment or lose a fixed proportion of the same investment.

Because of the high rate of return on investment often witnessed ( e.g 70%, 80% and up to 90% returns), one would think it’s a quick way to become very rich overnight. Don’t think that way because the major demerit is that the reward is always less than the risk staked on a trade.

3 Ways To Make Money With Binary Options As a Beginner

As a newbie, you have little or no knowledge of the various strategies used in predicting whether the price of an asset will rise or fall within a specified time frame.

As a result of this, we need the help of signal providers to make money with binary options trading.

As a result of our extensive research, we’ve come up with three genuine binary options signal providers you can use to make money online with binary options.

#1. Super Simple Bot (Best for Automated Trading and Perfect for Beginners!)

If you don’t have the time to trade but still desires to make consistent monthly profit, then binary option robot software is for you! It works just as its name sounds. It is a robot that trades binary options automatically on your behalf even when you’re asleep in the deep hours of the night.

This robot saves your precious time because there’s no more need to perform extensive fundamental and technical analysis before trading.

The robot trades by using the most important trading strategies which are the classic system, Fibonacci system, the martingale system and a combination of some other advanced binary options trading strategies.

Best of all, it is free of charge and works as well. Generally, i don’t consider the cost of some of these robots when purchasing them because the profit they make for me will usually surpass their cost in just a few hours of usage depending on my account equity.

With the Super Simple Bot, you’ll get access to the following:

  • Access to a variety of binary option brokers.
  • 89% Average Winning Trades
  • Many simultaneous trades
  • 100% Automatic Robot Trading Software
  • Different currency pairs
  • Amounts vary from $5 to $500 per trade for the different brokers
  • Variable time frames
  • Free upgrades
  • No Secret Fees!
  • Multiple Signal Providers
  • 100% free automated robot trading software

#2. Binary-autotrader (Best Signal Provider)

Binary-autotrader.com is a professional binary options signals service that generates 100+ signals per day and automatically applied to your account with a 65-70% win-rate. Signals365.com is developed by a team of professional traders and developers with no affiliation to a broker. All of their signals are delivered on an intuitive signal interface with sound alerts, warnings and countdowns of when to take a trade.
Unlike other signal services, Binary-autotrader.com also published all of its results for full transparency.
You can get unlimited access for free by signing up to a broker on their site now.

Binary options robot (binary-option-robot) is an automated trading software for binary options. It is an executable file that can be freely downloaded to your computer. It generates signals and as well trades on your behalf using those signals.

The signals are generated based on the technical strategies that are integrated into the robot. The robot works by analyzing the market trend in real time and calculating the live value of each indicator (MACD, RSI, Stochastic oscillator, William’s percentage and Commodity channel index). The indicators that gives best signals are MACD and RSI.

With this robot, you’ll get access to the following:

  • Access to 4 binary option brokers (TopOption, OptionWeb, SetOption and StockPair)
  • Up to 5 trading indicators
  • Up to 83% Winning Trades
  • 7 maximum simultaneous trades
  • 100% Automatic Robot Trading Software
  • Up to 7 currency pairs as opposed to 2
  • Amounts vary from $5 to $500 per trade for the different brokers
  • Variable time frames
  • Free upgrades
  • 60 days Money back guarantee

This kind of robot is best for beginners as well as traders who don’t have time to study the market and execute the trades by themselves.

General Note:

If you a total newbie and don’t even know where to begin in your binary options trading journey and career, i strongly suggest you use the Super Simple Bot for trading as most beginners have seen amazing results and tremendous success with the robot.

How to Make Money with Bitcoin: Top 10 Ways to Earn Bitcoin

There are many ways for people to earn Bitcoin on the internet. Any method for earning Bitcoin online will need something in return, regardless of whether it’s your ability or your time or your PC’s hash power.

Many of the strategies mentioned below will require minimal work and in return will give minimal earnings. Other methods for earning Bitcoin online might be more profitable yet they will expect you to have a specific level of learning and ability about the business and the market. Despite the fact that it might appear to some that Bitcoin, and crypto-currency, is a simple method to profit, it isn’t as simple as some may expect without the essential learning (a rule that is valid to any industry).

The most effective method to Make Money with Bitcoin

In case you are interested to know the best way to earn bitcoin online, it might be worth considering the options posted below, which starts from the easiest and less paid to the most difficult and complex options in the Bitcoin environment.

Small Earnings

Despite the fact that micro earning sites are the easiest method to earn Bitcoin. It is also the most consuming time method. And at the end, they pay very small amounts of bitcoin.
The most well-known ways to earn small payments in Bitcoin are:
Paid to Click Websites
These sites pay users in Bitcoin for visiting advertised sites or survey certain commercials. There are numerous PTC sites that will pay small sums in Bitcoin for views and clicks, with Ads4BTC presumably being the most well known and the most prevalent. This site enables users to pick between survey promotions that are 5 seconds, 10 seconds or 20 seconds, with various rewards granted for each. In the base of the reward offered, in the event that you had 20-second advertisements running for a whole day, you would make under $10 every day, so this may not be a practical alternative for most.

Bitcoin Faucets

A Bitcoin faucet is a website that gives away free Bitcoins to its users and in return shows them ads or makes them complete surveys.

This kind of websites measures of more than half of the traffic on Bitcoin sites today. Faucets let their users win some free Bitcoin or free Ethereum. This has brought users utilizing a Bitcoin faucet rotator that enables users to rapidly surf diverse faucets and acquire a commission through every faucet they visit. Just like PTC sites, Bitcoin faucets are not a good method to earn money, with even the best faucet rotators being connected all the day a user will nor make more than $1-2 every day.

Small Tasks

Small tasks that that can be finished for small amounts of Bitcoin. Sites, for example, Coinworker offers free bitcoin for completing small tasks, which may include basically testing a plugin to check whether it is compatible with a browser, or simply retweeting a post. Once more, the reward is small, however, there is potential to gain somewhat more than the faucets of PTC sites.

Affiliate Marketing

If you go for the blogging way for Bitcoin and your blog or site is successful, there is potential to profit through Bitcoin affiliate programs. In this way, you can get paid a specific level of commission for each referral that you bring to a current Bitcoin business. In case the bitcoin-related business offers an affiliate program, and your blog is visited by enough individuals who connect to the business and buy the item offered, at that point the commissions can be endless, for insignificant cost other than the writing of the blog article.

Blogging and writing for news sites

At this level, we start to see some decent money, despite the fact that the required knowledge about Bitcoin additionally increases in the meantime. There are a consistently expanding number of websites and blogs that require committed journalists to talk about Bitcoin and different digital currencies and, depending on your level of comprehension about your subject, there are a virtual boundless number of alternatives accessible to writers, with great quality content creators being paid between $30-100 for every 1,000 words. At this level, journalists can likewise pick their payment method, whether it be in Bitcoin or in fiat. Sites, for example, Coinality is a decent place to begin in the event that you are looking to for writing about bitcoin jobs on the web.

Blogging About Bitcoin

In case good knowledge about Bitcoin, and are passionate about the technology behind it and are ready to share your knowledge, at that point you can earn Bitcoin by guest posting on cryptocurrency blogs. The amount that can be earned by writing on Bitcoin is variable, however, it can be very lucrative relying upon the level of mastery that you have regarding the matter. This is, in my opinion, the best way to earn bitcoin because you do not risk money and the potential is huge if you are a good writer.

BitcoinTalk Signature Campaigns

In BitcoinTalk Forum there are signature campaigns that pay users to write posts and be active in specific topics. The potential earnings depend on the level of the membership the users has. Also, participants are required to make a certain number of posts per week and also adhere to a specific word count per post and that no advertisements are directly included in the post. You have to be a full member to participate in signature campaigns and the barrier to be a full member is to have at least 120 posts.

The amount of money you can earn depends on the quality of posts you can write and that you accomplish the word count. You might have the capacity to make $50-100 for 24 long hours of work. Doing this consistently to first obtain a full membership and then post every day making the maximum number of posts required every week, is possible to make good amounts of money.

Bitcoin Bounties

Many of the new Cryptocurrency startups offer “Bounties” for doing different tasks, for example, making YouTube videos, blogging and posting on social media. You will win different sums relying upon what number of followers you have so it tends to be valuable to grow your Facebook or Twitter accounts and take part in those campaigns. You will regularly be paid after the ICO has completed and got a portion of the coin or token from the company you promoted.

Speaking about cryptocurrency, if you are more technically skilled than writing skilled, there is a lot of cryptocurrency jobs to get in. Businesses and startups operating in the cryptocurrency field are with a limited framework. They frequently require everything from programming engineers to web designers to mining specialists to online advertisers. Despite the startup size, you can be hired remotely as a part-time or freelancer or locally as a full job. The money you can earn depends on the role you get in the company your skills level and the quantity of hours you are dedicating to this job.

Bitcoin Mining

Early adopters to the Bitcoin business have made huge earnings through mining Bitcoin. Mining Bitcoin is the procedure by which new coins are made. Mining is done utilizing certain PC programs and uses the processing power of the miners At its beginning, Bitcoin mining was generally basic and the earliest miners could mine large amounts of Bitcoin with simple computers.

Step by step guide to Mine Monero

However, in the meantime, the price of Bitcoin was either close to where it is today. The big profits got years to materialize for the early bitcoin miners when bitcoin price rose. These days, Bitcoin mining is considerably harder. Each Bitcoin that is mined requires more processing power and hence mining Bitcoin currently requires specialized hardware with high processing power and is no longer possible to be done with normal personal computers.

Additionally, the power costs to run such a powerful hardware is enormous, with the overall Bitcoin mining in the world eating power compared to a mid-sized country. This is the reason why most Bitcoin mining farms are run by companies that invested millions in equipment and are able to find cheap electricity.
Because of this, China runs more than 60% of the Bitcoin mining.

In the event that you have a powerful graphics cards on your PC, there are many Altcoins you could mine, however, find out some of our ideas:

Bitcoin Lending (Bitcointalk or Bitbond)

There are chances of huge earnings to be made lending Bitcoins, however, there are additionally big risks. Bitcoin lending can be done through a third party like Bitbond or BitcoinTalk Lending and the idea is as basic as it sounds. You go lending your Bitcoin on their website to someone else at a specific level of interest. Since the market is unregulated the levels of interest rate are usually higher than the standard bank rate implying that there is a potential for big profits. However, on the other side, the unregulated environment implies that if the borrower does not pay back the Bitcoin to you, there is little you can do get your bitcoin back.

The high volatility of bitcoin prices and the potential risks related with the Bitcoin lending market implies that it is most likely a market for Bitcoin whales, because of the high level of risk and the potential cost in enforcing a loan payment in case something goes bad. But if handled effectively, there is a tremendous potential market in this area.

Trading Bitcoin

There is a big potential to profit on trading Bitcoin, yet it takes a level of skill and learning about the market similarly to the classic financial market. Moreover, the digital currency showcase is highly unstable and along this may not suit everyone’s tastes and risk affordability. The principal issue with trading is that the majority of the trading happens through Bitcoin or Ethereum, implying that in case you want to trade other cryptocurrencies and you do not own Bitcoin or Ethereum You will need to buy one of them in order to start trading.

Best Exchanges for Trading Cryptocurrency

Sites, like Coinbase or CEX both, enable clients to buy cryptocurrency by credit or debit card, or on the other hand to buy through a bank transfer. Once you have bought, you would then be able to exchange your Bitcoin to whichever coin you wanton exchanges like Binance for example. Find here the Binance exchange review . In case you are interested in trading here are some of the choices you could have:

Day Trading

Day trading is when you buy and sell bitcoin in the same day taking profit of small changes in bitcoin rate. Such price changes can be based on news or technical analysis or just rumors.

Trading Bots

Running your own Bitcoin Trading bot is a propelled strategy which can create great returns if done appropriately. Here are some of the most popular bots and platforms to use:

Cryptohopper

Cryptohopper is a cloud-based exchanging bot which implies it can exchange digital currency 24 hours every day whether you are at your PC or not. The program enables you to exchange on TA indicators or buy in signals if you subscribe to a signaler. As indicated by their site, they “are the first and only automated crypto trading bot to integrate professional external signals.”

CryptoTrader Bot

The CryptoTrader bot is a cloud-based trading bot that gives users completely automated exchanging options while not expecting them to install the bot on their computer. all alone framework. CryptoTrader has a marketplace where users can buy trading strategies o sell strategies developed by themselves.

3Commas Bot

3Commas is another trading bot which works with many exchanges including Binance BitFinex, Bitstamp, GDAX, Bittrex, KuCoin, Huobi, Poloniex, Cryptopia and YOBIT. The bot works 24/7 with any device as it is hosted online so you can monitor your trading on a dashboard on your PC or Smartphone. It enables you to set stop loss and take profit orders and furthermore has a social exchanging area where enables you to copy strategies of the most successful traders.

Shrimpy

Shrimpy is a trading bot that rebalances your holding. This bot is amazing, I have been using it and you just set it up to keep the percentage of the holdings at the percentage of your choice and set the rebalance time frame like hour day week etc. Statistically speaking 9 in 10 times it has been better to sell if a coint has gone up by 20% because the next day it is down 10%.

Binary Options

Binary Options (which means that you have 2 options, to win or to lose) is a trading system that enables you to foresee if the cost of Bitcoin will rise or fall in a specific timeframe. In the event that the rise or fall happens inside the set time frame, you will get the amount you won. On the other side if that doesn’t happen, at that point you lose your funds.

Trading Bitcoin Futures

Almost just like day trading, trading Futures does not include really buying or selling any Bitcoin. Rather, you buy a contract for Bitcoin, implying that you don’t really need to hold or store any Bitcoin. It is more like betting on the bitcoin price. One of the benefits of this is you can short Bitcoin, implying that if the cost goes down, your benefit goes up, enabling you to hedge your trades. On the other side o you have no power over the Bitcoin you are trading, as you are not the owner of any Bitcoin or you don’t control any private key. It can be used just for trading but at the end, you will get fiat.

To conclude

Despite the fact that might be more ways to earn Bitcoins, these are probably the most well-known options to secure an income online in the cryptocurrency sphere. There is no things like free Bitcoin and something should be given in order to get bitcoin in return, whether it’s skill or time. In any case, with a consistently extending market, the interest in Bitcoin-related skill increased and it is a good time to get into the Bitcoin world.

An article that might interest you: Get Paid To Watch Ads On Brave Browser

About Author

Bitcoin Maximalist and Toxic to our banking and monetary system. Separation of money and state is necessary just like the separation of religion and state in the past. Also, pro-local, pro-global and anti-national.

Is It Possible To Make Money Trading Binary Options?

Trading binary options online has become possible in 2008. It was a new way to make fast profits online for financial speculators. Trading binary option is open and available to anybody over 18 (one should check local government regulation before trading BO).

Binary options allows the user to speculate and place trades, which are essentially bets, on the direction of financial assets from a basket of currencies, stocks, commodities and indices. In binary options your losses can never exceed your deposits and your return is clearly defined at entry.

It is no secret that trading on the world’s financial markets by buying and selling positions has made many millionaires. It is also a fact that the markets bankrupted many more. The line between winning and losing can be very subtle. While trading may not be for everyone, the unprecedented ease of access to financial trading online has certainly made a lot of people happy about new possibilities.

Is it really possible to make money? If so, how much?

The big question is can you really make money trading binary options? Short answer is yes, but it’s not that simple. Whether you make money or lose money really depends on a number of factors including your risk management, trading strategy, the options that you choose when you enter the trades, your broker fees, your trading psychology, etc. There are simply too many factors to consider but of course it is possible to win and make money, but it’s not as easy as binary options advertising has us believe.

Brokers will often entice people with all types of bonuses and ads that suggest making money trading binary options is very easy. Although the actual act of trading binary options is easier than Forex it is not easier to win and make money consistently in binary options.

Here is a mathematical formula to calculate break even ratio in binary options:

  • B – Break even ratio – (shows how many times you need to win to break even)
  • I – In the money ratio – (shows broker payout for winning trades)
  • Ot – Out of the money ratio – (shows your losses for losing trades)

Using the above formula you can calculate the break even ratio assuming a set of fixed parameters. Assume your broker pays you 90% for wins and takes 100% for losses.

B = 100% / 90% (in the money) + 100% (out of money)
B = 100 / 190
B = 0.5263

What this means is that in the case of a payout rate of 90% and 0% rebates on losses you will have to accurately predict 52.63% of your investments in order not to break even. This break even calculation can change quite significantly with different options. A 90% payout is very generous and rarely seen in binary options.

Let’s look at the numbers and for the purpose of further illustration let’s assume that we are dealing with a trader who has a trading strategy with 75% of wins. (There are numerous signal providers that achieve those levels.) 75% of wins is quite high for most standards. He also uses a binary options broker who offers only 70% of profit on each winning trade.

In one month he takes 52 trades and on each trade he puts $100. His total investment will be $5200. It averages out to about 2 trades per trading day. Let’s also assume that each trade has a payout of 70% and a return of 0%, as is the case with many binary brokers.

When we divide the total sum of his investment of $5200 between the 75% of winning and 25% of losing trades we split the working capital between $3900 which was spent on the winning trades and $1300 spent on the losing trades. Now let’s take the $3900, the 75% of his total trading capital, and add 70% of return payout on the winning trades which will produce $2730 of profit. His losing trades, the 25% of total trading capital, cost him $1300.

*The end result is wrong, it is $6630 which makes it 27.5% increase

So now that we know how much profit was made, let’s take those numbers and put them into the mentioned breakeven ratio formula to see how many times he actually needed to win in order not to lose any money at all.

This financial calculation is quite modest because it assumes a return of only 70% on wins where many brokers offer payouts over 80% and some brokers also offer returns on losses, only about 5-10%, but this will change the numbers significantly.

In addition, there are a few binary options signal providers who consistently achieve higher percentage of wins than 75%, which would also drastically improve profits as well.

So, only for the purpose of further illustration of what would happen if the overall wins were 80% and the return payout also 80% we’ll continue with our calculation. In this case $4160 is our winning capital, namely the 80%, and the remaining $1040, the 20%, is the losing capital. The winning capital of $4160 generates $3328 of profit (80% of payout for wining trades) and the losing capital of $1040 is simply lost, we’ll also use 0 return for losses in this calculation. So, out of 52 trades for $100 each the profit is $3328 and loss of $1040. Remember, that’s only in one month of trading.

As you can see the difference in earnings is huge between the first and the second example. A 24 percent per month as opposed to 2.5 percent per month is a world of difference. This is why it is so important to understand your risk exposure in binary options. Let’s see how many times he needed to win to break even:

Professional traders understand that and seek options and ways to keep the odds in their favor. For example trading with brokers that offer 85%-95% on wins and some return on losses. In addition there are ways to trade binary options to receive even higher payouts, as high as 200%.

Of course were profits can be made in a such a quick way there is inevitably going to be more risks involved. You can make money trading binary options online, there is no doubt about that, but you can also lose money. Following a reliable binary options signals or strategy or a professional trader in live sessions can really help you succeed in trading binary options online. It could be the difference between winning and losing.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Sign-up Bonus:

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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Best Binary Options Trading Guide For Beginners
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