HomeCryptoBitcoin is Booming! Check Out How to Benefit and Double Your Savings

Bitcoin is Booming! Check Out How to Benefit and Double Your Savings

SPONSORED POST*

Bitcoin is booming right now, and the smartest, most successful crypto investors out there are making sure to capitalize on it.

If you’ve been considering it for a while, this is the perfect time to do more with your crypto. Why? Well firstly, with COVID 19 having a devastating impact on the global markets, digital assets and Bitcoin (BTC) in particular, are gaining power, presenting an attractive alternative to traditional bank- controlled financial ecosystems. With the purchasing power of traditional currencies being weakened, “digital gold” is rapidly gaining ground. 

Yet, in these uncertain times, while you may want to take advantage of market volatility, your instincts may be to play it safe with your savings. Here’s the good news. There is a way to take advantage of the current market moment, while reducing your risk to close to zero. How? Crypto arbitrage.

Isn’t all crypto trading risky?

No form of trading is 100% without risk, but unlike with traditional Bitcoin trading, with crypto arbitrage, a market fluctuation will not lead to the loss of all your capital. For this reason, it is widely considered to be one of the lowest risk forms of investing, and is being used by major financial institutions, investment firms, hedge funds and individual traders. 

Crypto arbitrage involves exploiting price discrepancies for digital currencies across different exchanges. Basically, for a short window of time, a coin can be available at different prices on a number of exchanges simultaneously. A crypto arbitrage investor will identify these opportunities, buying the coin on the exchange where it is cheapest, and then quickly selling on the exchange that is offering it at the highest price to make a profit, before the market adjusts, and the price discrepancy is resolved.

This sounds like a lot of work

Actually, no. Using an automated algorithmic trading platform is the only way to successfully achieve the speed and efficiency required to exploit crypto arbitrage opportunities.  This means that you have the added benefit that no time commitment, research, or market knowledge is required on your part. 

To see how it actually works, let’s take the example of one of the biggest names in the industry, ArbiSmart. The ArbiSmart crypto arbitrage platform is fully automated. The investor simply signs up and then the system takes over from there. Able to execute a huge volume of trades simultaneously, the system scans 35 crypto exchanges at once looking for crypto arbitrage opportunities, buying and selling at lightning speed to generate profits reaching up to 45% a year.  

What if something goes wrong?

Let’s face it, A LOT can go wrong any time you dip a toe into crypto waters. There are plenty of cheats, looking to exploit the current lack of legislation and oversight in the crypto space and take advantage of unwary Bitcoin traders to steal their capital through fraud and hacks. Then of course, there are the platforms that make impossible promises and can’t be reached when clients are ready to withdraw their profits. 

Here’s where an hour or two of research and a basic checklist of questions are critical. 

Is the company regulated? 

What kind of reputation does it have on social channels among the crypto community? In other words, what do real people who have tried the platform have to say about it?

What about industry news? Has it had any trouble in the past? Has it had positive or negative coverage?

 What do reviewers have to say? Sponsored posts won’t tell you what you need to know- you need to check what the actual clients think, so check out customer review sites. 

These areas are exactly where ArbiSmart really shows its strengths. First of all, the company is EU licensed. As a fully regulated company it is externally audited with regular oversight, background checks, strict data security and ID verification protocols as well as insurance coverage requirements for all client funds. 

The company also has an excellent reputation across all social channels from Reddit to Twitter and Telegram. It has scored 4.3/5 stars on the customer review site Trustpilot and has glowing reviews from major global publications like NewsBTC, Bitcoinist, Krypto-Monitor and many more. 

Another point in its favor is the availability of the ArbiSmart support team. The company offers a large number of ways to connect directly with the support team from Messenger, Telegram and Twitter to email, phone, Viber and WhatsApp. 

As we can see, accountability is built into the company’s DNA, which is essential for any investor handing over hard-earned cash.

But, can I actually double my profits?

Absolutely! Since the ArbiSmart platform offers guaranteed returns of up to 45%, depending on the size of your deposit, you can make a very healthy profit on your Bitcoin.

A look at the ArbiSmart Account page will show that if you deposit 7.5 BTC at its current rate then in less than two years your savings will have doubled.

None of this takes into account compound interest or the continued rise of RBIS, the ArbiSmart platform’s native token. When you sign up with ArbiSmart, your funds are automatically converted into RBIS and used for crypto arbitrage. Since the token was introduced in early 2019, it has already risen by over 170% and based on its current upward trajectory and the speed of client acquisition, it is projected to have risen by 3,000% by the end of 2021, generating huge capital gains for ArbiSmart investors.

So, with the price of Bitcoin going through the roof why not benefit from the high? Instead of either HODLing and letting your money just sit idle or alternatively day trading your crypto and exposing yourself to extreme volatility, with crypto arbitrage you can invest at minimal risk and earn great returns, all with zero effort.

To learn more about this type of investing, you can check out the ArbiSmart’s, What Is Arbitrage page. Or, if you want to get a head start on doubling your savings, you can register here and begin investing. 

*This post has been paid. The Cryptonomist has not written this article nor tried the platform.

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