The cryptocurrency market offers opportunities to make money every day. Some of them are conservative - https://utorg.pro/, such as trading on bitcoin fluctuations, which can amount to about 10% per day. Other options offer both times greater returns and significant risks.
Trading with a Large Leverage and Options
One of the surest ways to earn hundreds of percent in a single trade or lose it all is to trade with leverage. Many exchanges and derivatives platforms allow clients to borrow funds against their assets. The size of the loan and the risks are determined by the coefficient, the value of which starts from 1 and reaches 100, rarely exceeding this value.
It works in the following way. The trader temporarily gives to the exchange. The cryptocurrency is automatically bought with this money. If its price rises by 1%, the user receives 100% profit. If the asset becomes cheaper by 1%, the platform closes the deal and takes both the issued funds and the pledge.
Investing in DeFi tokens
Another https://utorg.pro/buy-bitcoin-with-eur/ surefire way to multiply capital or zero it out is investing in cryptocurrencies from the decentralized finance (DeFi) sector. The DeFi sphere has created a hype, so even one successful purchase of a DeFi token can multiply your investment. But the odds of losing are much higher than the odds of getting lucky. First of all, there are a lot of decentralized projects now, especially if you compare with the beginning of summer. Therefore, the capital of users, which used to be distributed on a limited number of assets, now accounts for thousands of projects.
Secondly, along with the hype in this area came scammers. And there are considerably more DeFi tokens issued by them than real projects. After the incredible rise in the price of YFI, many users have decided that DeFi Coins should try to buy as soon as possible, before the masses know about it. Consequently, there has been a demand for services that allow you to be the first to know about the release of a new DeFi token.