Here is a safe way you can invest in Cryptocurrency.

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The first thing you have to keep in mind when investing is to only invest what you can afford to lose. With that said, we will show you how you can use stable coins to help protect your profits and limit your loss.

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What is a stable coin?

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A stable coin is a digital asset that is pegged to either a fiat currency like the US Dollar or another cryptocurrency like BItcoin. We suggest using a stable coin pegged to the US Dollar as this will protect you from market volatility. Learn more about stable coins here.

Here is an example:

 

You buy $100.00 in BTC (Bitcoin)
The price of Bitcoin jumps 100% in the market.
Your Bitcoin is now worth $200.00
You want to protect your $100.00 profit.

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You sell $100.00 BTC to USDT (Tether USD stable coin)

Now you own this:

$100.00 worth BTC

$100.00 worth USDT

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Bitcoin crashes by 50% in the market. This will only affect your Bitcoin holding.

You now own this:

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$50.00 worth of BTC  ($100.00 - 50% crash)
$100.00 worth USDT

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As you see above, you were able to protect your profit from the market crash limiting your loss. A good rule of thumb is to avoid selling during a market crash and wait for the market to recover. You lose money when you sell during a crash.

 

Here is a simple strategy you can use as a safe way to buy cryptocurrency.


Take back your initial investment and play with your profits.

This is how it works.

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You buy $500.00 in Bitcoin or another coin.
Bitcoin or your coin jumps 200%

Your investment is now worth $1500.00
( $500.00 X 200% = $1000.00 profit)

You sell $500.00 to USDT
You transfer the $500 to your bank account.
 

Now you have secured your initial investment and will be using your profit to make money.
 

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Here are two ways you can buy with your profit.

1. Continue to Play if Safe
2. Let it Ride

Continue to Play it Safe

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Move 50% of your $1000.00 profit to USDT and keep the rest in Bitcoin or the cryptocurrency you bought.
 

Using this strategy you are keeping $500.00 on the side lines in case there is a big crash so you can buy more Bitcoin or other coin(s) at discounted prices and increase your positions. When the market goes back up you make more money.

 

 

Let it Ride

 

You keep your $1000.00 profit in Bitcoin or the other coins you bought and wait for it to hit your sell target. If the market were to crash you just have to hold through the crash so you do not take any losses and wait for it to come back up.

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Which ever strategy you choose you are now using your profit to make more money and not money from your pocket.

 

Sign up for the free advanced course and see which coins we recommend for big profit in the "Hot Coins" section. Sign up here.
 

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Risk Warning:

Our content is intented to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independant financial advice from a professional in connection with, or independantly research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

Crypto60 does not provide any financial advice or endorse any specific digital asset of any kind  The digital assets recommended on the site are based on our own research and are listed for information purposes only.  People using the site must do their own research and consider their own financial situation before making any investment decisions.