We all dream to become crypto millionaires right? Well, if you were hoping to get in on the ground floor with Bitcoin, you’ve missed the boat, but that doesn’t mean that the crypto market doesn’t offer a range of opportunities that could earn you millions. All you need to decide is how much risk you are willing to accept and how much you want to invest, which will impact how fast you can grow your portfolio.
The time frame for your investment goal of becoming a millionaire will depend in large part on how you choose to invest. If you decide to day trade on the crypto exchanges, the risks are exceptionally high. You can make limitless gains almost instantly, or lose everything at a click. Alternatively, there is the slow but steady option, HODLing. Risk is limited, but it can take a couple of years for a coin to ripen and there is always the chance it never happens at all.
There are thousands of coins in circulation and picking the right one presents your primary challenge. Obviously, you want to invest in a coin that is going to rocket in price. After all, it is not uncommon to hear about a new altcoin taking the market by storm that has risen in value by tens of thousands of dollars in a matter of weeks. But, you need to remember that the crypto markets are highly volatile and unpredictable meaning that a coin can soar and then dramatically crash in the blink of an eye.
A lot comes down to luck and diversification but there are still a number of factors in your own hands when you choose how to pick a crypto investment.
What is on the checklist to become a crypto millionaire?
When it comes to earning with crypto, you can either pick a coin that has already proven itself with impressive market capitalization and a high trading volume and liquidity or take the big swing with a coin that is still unlisted but has all the markers of success. In other words, choose smartly and get in on the ground floor with the next Bitcoin. This would mean a company that offers a genuinely valuable product or service that meets a real market need, with strong technology behind it. It is also critical, particularly in the crypto world to choose a trustworthy operation with a solid reputation for reliability, transparency and security.
Finally, when doing your homework, you need to consider the popularity and growth potential of the company behind the coin. Your ability to reach millionaire status would very much depend on the types of revenue stream it offers and how steady the returns are. High profits are a major factor in investor retention so a profitable app means greater popularity. This leads to higher liquidity, which in turn will generate better returns, while also increasing the value of the native token.
What is the best crypto investment strategy?
One of the most lucrative and lowest risk investment strategies in the world is crypto arbitrage. This involves taking advantage of temporary price discrepancies across digital currency exchanges to make a profit on the spread. For a brief period, a cryptocurrency will be available at different prices on different exchanges at the same time. Crypto arbitrage earns you a profit by identifying these instances, buying the coin at the lowest available price and then instantly selling it on the exchange where it is being offered for the highest price, before the price disparity is resolved.
One of the top apps in this field is ArbiSmart, an EU licensed, fully automated crypto arbitrage platform. The company, established in January 2019, has an AI-based automated algorithm that does all the work for you. It scans over twenty exchanges at once, 24 hours a day looking for and then exploiting arbitrage opportunities.
The platform is able to offer guaranteed interest starting at 10.8% and reaching as high as 45% a year. All you need to do is sign up, make a deposit and the platform takes it from there, converting your funds into RBIS, the native token and, instantly executing crypto arbitrage trades on your behalf. You can withdraw your profits at any time in BTC, ETH, or EUR, but if you are hoping to substantially increase your capital, you may want to reinvest your profits to earn compound interest. You can make a deposit of as little as €1000, but if you want to earn big, faster, you may wish to raise your investment sum. On the ArbiSmart site, an accounts type table lays out exactly how much you can expect to earn per month and per year, based on your deposit amount and a smart investments calculator will do all your math for you, estimating your future profits over any given time frame. For example, if you are aiming for millionaire status, a deposit of €250,000 can be turned into a million in just over four years.
This is without taking into account the huge capital gains that can be earned with the RBIS token. It has not yet been listed but has already risen in value by 120% in the eighteen months since it was introduced and is projected to go up by 3,000% by the end of 2021. This exceptional rise in value is a result of the global growth of the platform, which is rising in popularity all the time and the company’s expanding financial product suite.
ArbiSmart also offers a regulated interest-bearing wallet that offers an additional source of passive income, with interest of up to 45% a year. The interest is determined by the amount deposited, the account currency and whether the funds are locked in a closed account for a set period.
One more reason for the success of the platform is that it is fully EU licensed and regulated, meaning that it offers a wealth of consumer protections that make it a safe, transparent and trustworthy choice. These include external auditing, Anti-Money Laundering (AML) and Know Your Client (KYC) procedures, tough data security protocols and a client insurance fund. Additional security is provided by a risk management team that monitors the markets 24/7 to intervene in the event of market upheaval, while accountability is assured by a support staff that offers round the clock guidance and assistance via multiple channels. It is therefore unsurprising that the company has a stellar online reputation with a five star rating on the leading customer review site Trustpilot.
While the ship has already sailed for those who hoped to get in on the ground floor with Bitcoin, Ethereum and Ripple there are plenty more opportunities emerging in the crypto space. New blockchain based initiatives and companies with native tokens are offering value-added products and services that generate millions in profits for investors. ArbiSmart, as a regulated, reliable and highly profitable crypto arbitrage platform, is one such opportunity. It involves almost zero risk, has proven success and is on track to soar in value once the native token is listed. Check out the ArbiSmart site to learn more about arbitrage, or to register and start investing straight away.