The head of trading strategy at Galaxy Digital is reporting a sudden spike of interest in Ethereum, XRP and the altcoin market at large.
Josh Lim tells Bloomberg that after a dry spell, he’s seeing interest in the crypto space picking back up.
“Volumes have been a little bit lackluster since the sell-off.
But today, and starting over the last week, we’ve seen a resurgence of interest in alt-coins. The leaders in that regard have been Ethereum and Ripple.”
Lim points to increasing volume in emerging markets as a key factor.
“We are starting to see more demand pick up in the market. We’ve heard a lot of buyers coming out of emerging market economies.
There is certainly some interest coming out of Latin America. There’s a lot of unrest in other parts of the world.”
Data from Coin.dance shows trading volume spikes in Hong Kong, Venezuela, Colombia, Egypt, The Philippines and Singapore.
As for Bitcoin, Scott Melker of Texas West Capital warns that due to its sharp rise in a matter of hours, the king of crypto has reached a major level of resistance and could soon drop once again.
“I closed my shorter term BTC positions. That move had a lot of juice, would not be surprised to see some consolidation here or a bit of a drop.
Strong area of resistance. Will reconsider entry depending on what I see throughout the day…
This is just my short term portfolio which is 15% of my total. Between 60-70% of my portfolio sits in BTC regardless.”
Bitcoin Profit review 2020
Bitcoin is the first decentralized digital currency and as we know that Cryptocurrency has number of advantages as compared to flat money. It allow users to send coins from one person wallet to another via internet, with very low amount of fees. It can be traded all over the world on different exchanges and we know that Nowadays, bitcoin trading is on its peak, people are experimenting different techniques for such trading i.e. some ways are successful while others are scam. Automatic trading platforms like bitcoin profits have been developed to provide an ease in bitcoin trading.
What is Bitcoin Profit?
An automated trading website, developer (John Mayers) claim that they have implemented a strong software that works 0.01 seconds faster than any other trading bot available in the market. The application generate trade signals for users and automatically make transactions (buying and selling of bitcoin and Ethernet). The whole process of signal generation and brokers trading is fairly simple and free of any hidden charges. However, 1% of profit will be taken by developers as their dividend.
Remember, Bitcoin profit is legit and registered. There are some negative critics about this platform on the internet but they are fake. It is recommended to start trading with a minimum deposit of $250.
You can also read
What is Bitcoin Trading How You Can Trade like a Pro?
Why Bitcoin profit?
- Accurate with success rate of 92%, maximize your profits with bitcoin profit
- Available in app, feasibility for users
- Simple interface and easy to use, highly responsive software as compared to its competitors
- Accept debit and credit cards
- Minimum deposit of $250, do start by using this conservative option
- Fast registration and seamless withdrawal
- 24/7 customer service is available
- No hidden charges
- On average user earn $1300 per day
How to start trade?
Step1: Create an account
All you have to do is to fill the short form available on the official website of bitcoin profit. For signup the required information include full name, email address, phone number and a strong password for your security. You will need to verify your account by following a link sent to you via the email address provided. Alternatively, you can receive a text on your phone with a code with which you can activate your account. After verification, you can go ahead and create a password for your account. The process will hardly take 5 minutes and you will be taken to the main dashboard.
Step2: Fund your Account
Now it’s time to deposit real money into your account to start trading. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.
The payment options include MasterCard, MerchantPay, SafePay, Visa, GiroPay, and other Debit card options.
Step3: Demo or live Trading
To get familiarize with the bitcoin profit you use demo trading either before trading or after trading. The things are same as live trading procedures but you do not need any real money for demo trading.
Live trading option will be activated with live trade button. Different settings need to be done like to set the stop loss limit. This feature helps to protect you from unexpected downfalls.
Bitcoin profit claims to an average earning of $1300 per day. After live trading sessions, the earned profit will be credited to users account.
This feature seems to work smoothly, they verify all the details and make sure that right person receive the money. Bitcoin profit works for two objectives, (1) to protect our business from money launderers and other bad actors, and (2) to help you recover your account in case you lose the password.
Brokers will assists you in the withdrawal process, the request will be processed in 24 hours and amount will be credited to user account. 1% of profit will be taken by bitcoin profit software.
Bitcoin profit hire professional customer support staff. The team will guide users 24/7, you can contact them via live chat or send an email.
Software hire only highly skilled brokers available in the market, they trade on behalf of users.
Role of marketing tools for Crypto marketers to achieve more from their marketing
As we all know that cryptocurrency is becoming important in the financial sector. Many rules and regulation are created by government authorities. Some countries have banned the bitcoin trading but on the same time it is legal in different countries. Bitcoin, a future financial system and through its trading people are solving their financial crisis. Experts are continuously analyzing the platforms which are providing such services. There are many wallets, exchanges, auto trading bots who are working just to provide ease to users. Auto trading bots like bitcoin profit aim to provide inexperience traders a facility to gain high rewards. Many platforms are legit, responsive and working really hard just to satisfy their customer demand in a more appropriate manner.
Entrepreneurs are willing to provide services in this new business era. However, it’s not possible to run a financial business on passion and determination alone. If you tell people that with budgeting, trading, marketing, or investment you can help them manage their finances, you need to prove to these customers that you know what you’re advertising.
Similarly in the world of bitcoin trading, if entrepreneurs wanted to provide trading services and wanted to develop such tools then they should have complete understanding of machine learning algorithms, artificial intelligence, programming languages and not only understanding but also the implementation. It is not easy but no worries for all those who are not very good in development or do not have required resources i.e. skilled development team, finance, time. White label solutions will facilitate them and have become an increasingly popular avenue for crypto companies looking to create their own products. Instead of beginning a project from scratch and recruiting a team of developers that can be costly and time-consuming, white label solutions include quick process monitoring.
Therefore, do not waste your time and energy because it will end up at nothing, be smart and boost up your customer relations. Algolead can be an ideal tool for all those who wanted to increase the output with minimum input.
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Immediate Edge Bot 2020 Review
What is AlgoLead?
An IT company, developed in 2014 and consists of highly skilled online marketers, developers and mathematicians. Algolead help organizations, both large and small, maximize their web traffic, optimize marketing campaigns and boost retention and revenue. In other words, it is an organizations that develops tools and software for CFD, Forex / Crypto brokers and Affiliates & Networks. CFD stands for contract for difference between seller and buyer. It is difference between the selling price the seller is demanding and the purchasing price of cryptocurrency.
The team work with hard work and motivation to ensure the quality of the product. Algolead understand that the key to a successful online cryptocurrency brand is maximizing the lifetime values (LTV) of the customers. Customer support is the main goal at Algolead, lifetime customer support is available for the clients. Users can consult customer support team at any time.
Therefore, Algolead offers software solutions and tools to crypto entrepreneurs. At Algolead users not only get cutting edge technology but also lifetime customer support team.
Key features of AlgoLead
Business reports: algolead generate business reports on just one click, thus save your costs and time.
User analysis: optimize IT service of Algolead helps user to collect user data including location, device, platform and browser. From such user analysis, automated massages can be send to target audience.
API (Application Program Interface): Algolead provides flexible APIs which can be integrated with any other application. All the copyright of the software will be of the user. It is like you outsource or hire another firm to build solution on your behalf.
Automation: the main goal of Algolead is to build efficient software solutions and tools for respected clients. Instead of spending hours at it, seasoned industry experts will teach you how to be more effective even when you’re not always in the driver’s seat. All this will be done while your values for life (LTV) remain intact.
Other key features of Algolead
- Auto optimization
- Preconfigured integrations
- Back office management
YouTube’s Crypto Saga Continues? Ivan On Tech’s Popular Channel Gets A 3-Month Strike
The saga with the largest video sharing platform YouTube and cryptocurrency content producers continues. This time, another large account has complained that his videos have been flagged as “harmful or dangerous content” without any real reason behind it. The issue at hand might be that YouTube can’t tell the difference between relevant and educational content and information aiming to scam.
YouTube Slams Ivan on Tech
Ivan on Tech is one of the biggest blockchain-related YouTube channels, currently boasting upwards of 215,000 subscribers.
According to the owner, YouTube continues to inappropriately flag cryptocurrency- and blockchain-related content as “harmful or dangerous” without any reasons for it.
As seen in the tweet, a video stream that Ivan on Tech posted, talking about the recent price movements of Bitcoin as well as essential updates surrounding Bitcoin’s halving, has been flagged. The owner argues that nothing dangerous or harmful was presented in this particular stream. The strike was issued on February 23rd and lasts for 3 months until May. The owner has already submitted an appeal.You Might Also Like:
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Interestingly enough, the official Twitter account for YouTube, responded in the thread, saying:
Thanks for reaching out, we’ll look into this and follow up once we have more to share.
No further information is available at the time of this writing.
What’s The Actual Problem?
A lot of different cryptocurrency content creators on YouTube saw their videos flagged or downright removed from the platform. In January, as Cryptopotato reported, YouTube said that the reason for this was an “error on our side during the review process.”
Now, more than a month later, the same issue seems to be at hand. As Crypto Zombie pointed out, the platform still doesn’t seem to be able to tell the difference between legitimate live streams and scams.
What is more, the most recent events somewhat prove the comments of The Moon Carl to be correct. In January, he said it’s entirely possible for something like this to happen again, and it did.
This brings up the issues that centralized platforms can cause when it comes to censoring content.
Ivan On Tech: YouTube Needs To Investigate
In response to this article, Ivan himself had told CryptoPotato on the matter that “It’s a complete random strike that came a minute after I started the (live) stream, I just welcomed the viewers… YouTube needs to look into this”