BitOffer Institute: Decline Happened before Bitcoins Halving, ETF Became the Optimal Choice

The year 2020 earned a lot of expectations from the cryptocurrency industry due to the truth that most major tokens will be halved this year. Besides Bitcoin, which has the most influence, BCH, BSV, ETC, DASH, etc. will experience a halving in 2020. Thus, the year 2020 is also called the year of “Halving”. Since 2020 came, a surge did show up as the Bitcoin price once rose from $7,000 to $10,500, and the change reached 40%. While the investors all held the view that the halving market came, the Bitcoin price presented a continuous fall.

Under the background of COVID-19, the disinvestment caused the global stock market to decline. The second circuit breaker happened on the American stock market after 1997. In addition, a fall was also indicated in the cryptocurrency market. Even once we thought Bitcoin was also a safe-haven asset like Gold, but it finally became bearish and went through an “1500 points” decline that once made it touch the level of $7,638.

We should notice that while the correlation between Bitcoin and the S&P 500 index increased, that of Bitcoin and Gold decreased. In the short term, as the Bitcoin market performed as an “Oversold Shares”, now may be the best opportunity of starting putting Bitcoin into your portfolio.

As the market kept falling, more and more investors started being worried about that is the halving market still existed? The asset deflating because of the continuous decline made investors panic. However, the judgment which announced that the halving market was over is made too early. As we all know, the Bitcoin halving is predicted to happen in May. Based on the last two halvings, the Bitcoin price experienced plunges for 2 months before or after the halving. Even history does not repeat itself, but it always chooses the same route. The real halving market is usually likely to show up after halving happens for a while.

Investing in Bitcoin Now or Never?

Bitcoin, the digital currency that owns the most consensus, is theoretically expected to rise by 2 times. Moreover, with the upgrade of the miner machines, the Bitcoin price is theoretically expected to rise by 2 times. Thus, takes the basic of the current Bitcoin price $8,000, the Bitcoin price is likely to rise to at least $30,000 with those expectations.

If you buy Bitcoins now and hold it, when the Bitcoin price rises to $30,000, your payoff would be up to 4 times. However, if you buy the Bitcoin Leveraged ETF launched by BitOffer, the payoff would be at least 12 times, and even more than 20 times because of its 3X leverage and automatic positions adjustment mechanism.

To investors who prefer the long-term investment, Bitcoin ETF no doubt became the best investment. The trading patterns of Bitcoin ETF and Bitcoin on the spot trading market are the same. They both support investors to buy or sell anytime, but the return of Bitcoin ETF is at least 3 times more than that of Bitcoins on the spot trading market. Overall, rather than investing Bitcoins on the spot trading market, investing Bitcoin ETF will be much better.

Now BitOffer has launched an “ETF Holding Rankings, 10,000 USDT to Giveaway” campaign. We sincerely invite you to participate:

Date: 2020.03.11 12:00 to 2020.03.31 12:00 (UTC+8)

Rules:

During the campaign, each user who holds 100 units of ETF will automatically participate in the campaign. After the campaign, participators will be ranked according to the ETF holding positions. ETF Holding Positions will be calculated by the total of the ETF holding positions (Including Bitcoin ETF and Ethereum ETF) at 12:00 (UTC+8) every day. The top 50 will get the rewards as follows:

1st: 4,000 USDT

2nd: 2,000 USDT

3rd: 1,000 USDT

4th to 10th: Share 1,000 USDT according to the proportion of holding positions

11th to 20th: Share 800 USDT according to the proportion of holding positions

21st to 30th: Share 600 USDT according to the proportion of holding positions

31st to 40th: Share 400 USDT according to the proportion of holding positions

41st to 50th: Share 200 USDT according to the proportion of holding positions

What are you waiting for? Join us and start investing Bitcoin ETF: https://www.bitoffer.com