In this fast changing world, with undeniably soaring inflation and commodity prices, our hard earned money seems depreciating in value over time. And sleeping our money in banks will only give us a very little interest , leaving us in a losing decision over time. I’m not saying its inappropriate to do banking, but banking is good for safekeeping and significantly not growing the money we have.
So maybe you are thinking how to grow your money over time?
Exactly, one should consider investing and business. However , in this field, we may face potential risks and reward depending on how we manage these.
Let me intoduce you to one of your possible investing venture. You may be new or pro to trading world, but yes, trading assets and cryptocurrency is a way of enhancing your wealth capacity.
But, the question is, I am new to this field, or Im to busy at work to manage this trading business and venture. Well, Copytrading is the answer. And Bingbon platform has it. Where trading is made easy.
Bingbon as one of the prominent trading exchange offers copytrading feature where you can earn even you are too busy or of no knowledge in trading. Professional traders open their own master accounts and all you have to do is to deposit cryptocurrency asset/value ( preferably USDT) in order to start your trading journey with them when you decide to copy their trades.
Pro traders earn 8% in every closed winning trades and imagine you get 92% of the gains ( gains are deducted with trading fees but these are well manageable). See? You get the most portion of the gains without even stressing yourself on charting and trading. I can say it’s a win win situation.
After registering an account in Bingbon with full verification of your details and depositing a well funded USDT account, You are ready to go in your copytrading venture!
So, you have to choose in the trader’s list the trader of your preference. Better consider their win rate, Cumulative PNL’s and profit rate to gauge the trader’s expertise in trading. Bingbon has also a user friendly platform where a newbie can understand it easily.
As a reminder, traders also do mistakes in trading so you have to assess the trader’s discipline especially in cutting losses and number of trades they make in a day. I suggest you better set your own cut loss percentage and daily tradeable margin as some traders open 10 trades a day. It falls down to your own risk management and appetite. Think of capital preservation as trading is a marathon and not a sprint. Grow your money significantly with manageable risks. Only risk the capital you can afford to lose. Preferably set only 1 to 5 percent margin per trade and set your own percent of capital exposure. So for example you have 100 USDT, only risk 1 to 5 USDT per trade .
Remember, trading can be a sideline and a business. In every reward, there is always a risk. And you have to deal with it intelligently.
Bingbon platform has also a mobile app so you can monitor your copied trader’s open trades and their status. See, trading has made easy and its even easier with Bingbon’s copytrading feature.
So, go now, register at https://bingbon.com , verify your account and deposit right away. Choose your preferred trader and grow your money with Bingbon’s copytrading. See yah!