Get Free BTC and Double your BTC with this trick

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Avatar for thesatoshistore
4 years ago

You don't always need a lot of money to make more money, sometimes you just need time and patience. Today I’m going to show you how to double your BTC using what I call a low-risk leverage investment fund.

What is Leverage Trading?

Leverage trading is a system that allows the trader to open positions much larger than his own capital…

What this means is that if you have $10 for example, you can trade with a 2x leverage and make your initial capital now worth 20$ and whatever profit you make on that trade is yours.

Let's say Bitcoin is at $5000 and the price rises to $10,000, normally, if your bitcoin is sitting in your wallet, your 10$ worth of bitcoin would become 20$ since the price of bitcoin has doubled. That's nice but what if you could do more?

If you use leverage trading and let’s say you have $10 in your balance and you use a 2x leverage, it would make your 10$ worth 20$ and open a trade with that amount, so when bitcoin goes from $5000 to $10,000 your $20 would now be 40$ because you used a leverage position. Out of this $40, you’ll keep your initial 10$ + the 20$ extra you made when it went from $20-$40. I know it might sound confusing so I’ll just get into showing you how to use this tool as a low-risk investment.

3x leverage means $10 becomes–> $30,
4x leverage means $10 becomes —>$40

Using leverage has its downsides, it’s like betting, if you think the price is going to go up, you open what is called a 'long' position, and if you think it’s going to go down you open a 'short' position. The more leverage you use, the riskier your investment will be. If the trade goes against you, you can lose all your money, this is called "liquidation".

If you use 10$ on a 10x leverage to make a $100 trade, but bitcoin falls from 5k to 2k, if your liquidation price is at $2000, once BTC drops to that price you will lose all the 10$ you used in that leverage. This is called ‘liquidation”, you lost the bet and now you must pay.

We will not use more than 1.2x leverage because we do not want our position to get liquidated no matter how low bitcoin goes, our trade will remain open until whenever Bitcoin pumps back up. So now, let’s get to the action:

Step 1:

You’ll need to Register on an exchange where you’ll keep your earnings and add leverage. I use www.bybit.com to leverage trade so sign up using this link and get up to $90 FREE https://www.bybit.com/app/register?ref=7JGGw and let's begin.

Minimum deposit is: 0.00000001 BTC.
Withdrawal: -0.0001 BTC

Step 2:


After you register, go to deposit and copy your deposit address and use it to withdraw your bitcoins from faucets. After you deposit, now here’s the part you need to pay attention.

Step 3:

Go to Trade as seen in the image below

Step 4:
Focus on this section as this is where you will be placing your trade]

Step 5:
Now click on market as shown below

Step 6:
Now select how much leverage you want as you can see below, click on the pen tool to set the leverage you want or select one from the list.

Step 7:
Then we’re gonna input our leverage manually. Type in 1.2 and click the green check, mark to save

Step 8:
Now put in the number of contracts you’ll like to buy and click Buy long. Depending on your balance, the system will let you know if you have sufficient funds.

Step 9:
Congrats, you’ve successfully opened a long position with 1.2x leverage. Now the hard part, for this plan to work, you have to be patient, think long term, and be ready to watch BTC drop short-term. You don’t have to deposit all your money, just deposit whatever you can, as often as you can, and keep repeating this process. It will keep adding your satoshi to the contract hereby earning more than you would earn if you just saved it in your wallet.

Disclaimer: Leverage trading is a high-risk tool, I have lost a lot of money from using 10x and 20x leverage. You will make some profit but quickly lose it again as you can’t predict Bitcoins' behavior, nobody can. So, be responsible, don’t abuse this tool, you can’t double your BTC and get rich overnight, think longterm.

This post is for educational purposes and not financial advice, it is up to you to adopt this plan or choose your own path. This is my own plan, I plan on doing this till 2025, I don’t know what bitcoin will be worth then but I’m sure I will be glad I adopted this plan. if you made it this far, congrats, leave a comment below if you have any questions. Cheers guys…

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4 years ago

Comments

I prefer leveraged tokens instead of leveraged trading, liquidation plays the game & new traders lose all of their funds in case of leveraged trading but they're less chances of liquidation in leveraged tokens.

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4 years ago

I agree, what leveraged tokens are you holding ?

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4 years ago

Currently I'm day trader, so just buy and sell within 1-2 hours. Mostly I work with Bull (3x of Bitcoin) & Bear (3x inverse of Bitcoin) on FTX platform. Do you trade some coins of hodl ?

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4 years ago

I need to learn more about this.

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4 years ago

The interface look like binance. 😍 Thanks for sharing this ❤️❤️❤️

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4 years ago

Thank you for sharing this

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4 years ago

Thank you for sharing. I didn't know such thing "leverage trading" existed. Thanks to you post I got to know. I will do more research on it before joining. I will surely get back to if I have questions. Thank you once more for the read.

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4 years ago

Thanks for informative article

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4 years ago

Wow! how nicely you described the whole matter of trading and earning ways.Thanks for your beneficial article dear...

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4 years ago

Thanks for the info

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4 years ago

My experience is a leverage of 10 is safe and profitable. As the leverage increases one wrong decision can lead to total loss. I believe Investment must in such a way which generates income with lower risk.

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4 years ago

I know.nothing about leverage trading and this is a better way to explain to others rather than just to simply paste affiliate links on articles without even care to explain I details.

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4 years ago

I really want to learn trading Bitcoin

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4 years ago

Informative.

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4 years ago

I really appreciate this amazing trading information you have here, I will personally followed it to the letter, in any case I have an issue I will let you know. Thanks once again and be bless for not keeping the information to yourself alone

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4 years ago

Thanks

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4 years ago

Really elaborating, never knew that there were cheat codes to earning more BTCs 🙃 Please check out my page

https://read.cash/@CEO/introducing-gram-a-new-cryptocurrency-0a3357be

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User's avatar CEO
4 years ago

Subscribe to my page to check out more cryptocurrencies

https://read.cash/@CEO/introducing-gram-a-new-cryptocurrency-0a3357be

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User's avatar CEO
4 years ago

I'm not sure of this. I lost btc many times. But maybe I can start small amount.

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4 years ago

it requires proper analysis

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4 years ago

Yes! I agree with you.

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4 years ago

good article dude.i need more study for knowing how to become a trader.i dont have any experience in trading i hope someone is teaching me how it works

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4 years ago

It is better to start small and grow big. Also, someone needs to shelve greediness as it can kill the trading by incorporating huge loss.

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4 years ago

It is not something that interest me personally but if you can money this way; it is cool!

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4 years ago

I would warn 90% of people to avoid leverage trading. It is most likely you will lose what you have. Most people are better off dollar cost averaging and playing the "long game." Always be careful when trying ways that offer to double your money quickly.

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4 years ago

Maybe you should find out first about leverage, because it is difficult to suddenly lose the investment.

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4 years ago

This leverage stuff seems somewhat shady to me, although I'm still going to try it out

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4 years ago

I'm not good at trading

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4 years ago