How Trading Using Crypto Bitcoin and Ethereum in IQ Option
Cryptocurrency or Crypto is a digital currency created using blockchain technology. Currently crypto investment is very popular because of its very high profit potential.
For example, If in 2011 you bought Bitcoin using 1 million rupiah then now the value is 18 billion rupiah, Yes you profit 18 billion only with capital 1 Million rupiah. There's nothing in this world that gives you that big advantage in a short time, you just find it in Crypto.
Bitcoin is one type of crypto, other than that there are many others namely Ethereum, Ripple, Litecoin, Monero, IOTA, Zcash, Dash and Others.
Through the IQ Option application, you can start investing in crypto assets without much effort. All you have to do is buy Crypto directly from the app and wait for the price to go up, if it has gone up you can sell it and make a profit.
How to trade Crypto at IQ Option
Go to Applications and select Crypto
See there are several Crypto options that you can buy, there are currently 12 popular Crypto available and will continue to grow.
If this is the first time you bought Crypto then I recommend starting with Bitcoin and Ethereum, the reason is because these two crypto are the most popular.
In addition you can also trade on crypto whose price is still fairly cheap, so the potential profit will be greater.
Simulation calculates the profit potential:
The advantage you will get from trading bitcoin and other crypto is the difference between the purchase price and the selling price.
Let's say the current price of bitcoin is $ 4000. If you buy bitcoin now for $ 100 then when bitcoin price moves to $ 6000 (up 50%) then you will get a 50% profit or $ 50 worth of $ 100 of your capital.
Crypto and Bitcoin Trading Tips
In IQ Option there is the feature of Selling Auto or Take Profit, meaning that you can set that Crypto that you buy automatically sold after reaching the target profit you install.
For example, you buy bitcoin $ 100 and want to sell it when it becomes $ 200, then you can set Take Profit 100%, so when bitcoin price rises 100% then bitcoin you buy automatically resold and you profit 100%.
This feature is very useful because crypto price movement is very fast, can go up down instantly, so you do not need to monitor and sell it manually.
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Many people say that it's too late to invest in Bitcoin because the price is too high, and they're afraid the price will not go up again. I do not agree with that, I myself think that bitcoin prices can still rise again.
So it's never too late to invest in bitcoin.
In addition to investing, you can also use it for daily trading, ie you buy bitcoin and sell it that day or the next day, it is not impossible you can get 10-20% profit per day make use of unstable price movements.
Frequently Asked Questions
If I buy bitcoin in IQ Option do I need a bitcoin wallet to store it?
No need, because the IQ Option will store the bitcoin in their secure wallet, IQ Option security system ensures the bitcoin you buy will not be lost.
Can I withdraw the balance of bitcoin or other crypto into my private wallet?
Yes, IQ Option has set up this feature and now you can draw the bitcoin from IQ Option to another wallet you want. So now you can deposit or withdraw your Crypto balance from IQ Option directly.
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