Top 3 Best Cryptocurrency Investor Strategies in 2020 You Don’t Want To Miss

Nobody invests in cryptocurrency without any tricks up their sleeves. Not the experienced traders, not Bill Gates, not even Elon Musk. A rewarding and profitable crypto investment often goes hand-in-hand with useful investment strategies and tools.

While there are many ways for you to achieve your investment goals in the cryptocurrency market, experienced traders often stick to these profit-guaranteed methods to earn profit in the short and long run. Here’s a list of the top 3 most chosen methods.

Buy and Hodl

Of course, the easiest way to make a profit in the market is to buy when the price is low, hold onto it until the price climbs up and sell it. This process is a long-term strategy as prices do not rise significantly in a short period of time, hence, investors hodl (it’s a well-known crypto-slang) their cryptocurrency in hopes that it will go towards high value to sell it.

Is it a safe gameplay? Not really. See, buy and hold is great for beginners as they are easy to execute, but that also means missing out on potential earning opportunities. Investors tend to ignore market volatility and the market is not always an uptrend. If the timing is wrong, investors might suffer significant losses instead.

Cryptocurrency Mining

Cryptocurrency mining is a high yield investment which requires time, a huge amount of energy and high powered computers. Crypto mining is a process of solving complex mathematical problems using up-to-date ASICs (Application Specific Integrated Circuits) hardware and GPUs (graphical processing units). Miners receive a coin in return for solving each math problem.

The difficulty of mining increases over time as longer time and greater computing power are required to solve a complex math problem. It is also important to note that mining produces a cryptocurrency that stores in your wallet, rather than a fiat currency where you can use for spending.

Crypto Arbitrage

Crypto arbitrage is the oldest trading strategy to exist. From investment banks, foreign exchange to the stock market and crypto market, arbitrage opportunities are presented everywhere as endless profits.

Also, if you are already involved in cryptocurrency mining, arbitrage will be a more viable option for you. As arbitrage requires the buying and selling of at least two currencies, you can use Bitcoin or other cryptocurrencies you obtain from mining for arbitrage trading.

Why is arbitrage the first choice for investors

Arbitrage takes advantage of price differences in different exchanges, allowing investors to purchase on a lower price and sell at a higher price to profit the difference. For instance, Bitcoin is priced at $100 in exchange A and $110 in exchange B, therefore you buy it from A and sell it at B.

Arbitrage [Read more: What is Arbitrage] is a widespread practice as it offers an instantaneous profit. However, that also means the competitive advantage is given to those who do the deal quickly. This method can be tough without the arbitrage tools that will help you to conduct trades immediately.

Can I invest with zero knowledge on crypto?

If you are new to crypto investment, Altimates’ user-friendly trading platform is the perfect way to start your investment journey. Altimates [Read more: The leading platform for arbitrage trading] provides flexibility and professional guidance to both beginner investors and those who want to gain hands-on trading experience.

With built-in blockchain technology and Altmates Intelligence (AI), Altimates can instantly detect arbitrage opportunities and conduct trades automatically for you. In simple words, anyone can maximize their arbitrage profit effortlessly through Altimates.

A platform for everyone

Cryptocurrency arbitrage is not just reserved for high net worth individuals. Altimates believes in creating a fair playing ground for users around the world, bringing AI-powered innovation and effective arbitrage investment solutions to everyone.

To find out more about arbitrage and Altimates, check out the links below:

Facebook: https://www.facebook.com/OfficialAltimates/

Telegram: https://t.me/Altimates_Group

Website: http://altimates.com/