Table of Contents
PrimeXBT Review:
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How to Create PrimeXBT Account? and How to Make Deposit/Buy Bitcoin?
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| Create a Free PrimeXBT Account |
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| PrimeXBT Sign up |
Paxful deposit takes 30 to 90min but Visa/MasterCard gets Instant Bitcoin Deposit with low fees.
I highly suggest to buy bitcoin with Visa/MasterCard Because Paxful Person to Person Trading cost nearly 18-20% fees and here is proof of Paxful vs Visa Card Purchase Difference.
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| I get only 4467€ of Bitcoin for 5000€ and fee is 633€. |
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| I get 4750€ of Bitcoin For 5000€ and fee is 250€ |
How you can make Huge Profit Daily just by following these Step by Step Method?
Step1: How to make a trade with 10x Leverage?
First understand for every trade trading fee deducted will be 0.05% so if you buy and sell total fees will be 0.05+0.05=0.1%, So You need to sell your crypto/forex/commodities/derivatives at 0.2%+ profit, So your trading fee will be recovered.
In this case a bigger fluctuation in market is required. So I highly suggest you to trade crypto because it has bigger fluctuations mean up and down in price value in graph. Leverage of 100x available for crypto and 1000x available for forex trading e.g. if you have 100$ in Your account you can purchase crypto worth 100*100=10,000$ and for forex trading 100*1000=1,00,000$ available for purchase.
But 100x leverage is risky it can be only used if graph is continuously goes up or down, if you place order with 100x and 0.9% loss occurs (with 0.1% trading fees will be deducted) all your funds will be liquidated means becomes zero as you loose 100% amount in trade, so its better to trade with 10x so liquidation will occur at 9% loss which is not possible if you follow my instructions and you will hourly make 8-9% profit with 10x leverage.
Few Basic Terms:
-As Buy = Long Position used if graph is going up and if you sell at 1% high price you make 1% profit (use in up trending graph) -Sell = Short Position used if graph is going down place sell short order if graph goes down by 1% you make 1% profit(use in downtrend graph) -PNL = Profit and Loss if PNL is green then profit is made and if PNL is red loss is happening, -Trading pairs such as BTC/USD = Buy or Sell “Bitcoin with United stated dollar”(if you have USD in your account). stop loss is point you set at which loss is minimized or huge loss is avoided for eg. if you place stop loss order with 0.5% so whenever loss reach 0.5% automatically funds will be sold and further loss is avoided. Take Profit order is you already set a setpoint means at which price you want to sell assets to make profit.Now Lets Get Started to Make Profit:
-In the amount section you can choose leverage 10x means if you have 0.01BTC then select 0.1 as 0.01*10 = 0.1BTC you get for trading.
-select time frame as 1m means 1 minute chart so you get latest updated graph per minute.
-In Setting you can change background to white as shown below.
Step 2: How to Place an order?
Always select Market Order type as market order is purchase at current price, and limit order is place order value below current price and keep waiting till price reach. Place stop order at 0.5% less than purchase price so further loss will not occur, Put take profit price at 0.6%.
For e.g. if a coin current price is 100$ then select stop loss and take profit and put stop loss value as 99.5 and take profit value 100.6 for Buy Long means if graph is going up. as leverage is 10x means 0.6*10=6% profit on one trade. if you make 12-20 trade daily you will make 20*6=120% profit meaning if you invested 5000$, then 5000*120/100=6000$ profit from 5000$ means total 11000$ you have in your account, for next day if you get 120% on 11000$ you will get 11000*120/100=13200$ as profit on 11000$ means total 24200$ in your account and so on………. This is how day trader makes money!!!
- But how to know when to place buy order and how to place sell order?
Buy order must be place at low price and when graph is going up while sell order must be placed when graph is going down. let me explain with an example,
E.g. 1) To Place Buy order in BTC/USD trading pair lets say current price is 36300 and graph is going up then I will select on amount as 10x and then click on buy (green button), Order type – Market, Put Stop loss price at 35980 and take profit price at 36510 and click on submit order. you see in this graph first peak goes from 36300 to 36600 and I placed order immediately at price 36300 and my order completed at 36510 and I made profit of total 36510-36300=210 and 210*100/36300=0.5785% profit and with 10x order 0.578*10=5.78% profit in 1 minute.
E.g. 2) To place sell short order: I selected 10x of my amount lot and click on sell(red button), now the current price is 36600and I am seeing graph is going down so I place market order at 36600 and place stop loss at 36800 and take profit at 36420 price as you can see in the graph the price goes down from 36600 to 36380 so my sell order is completed at 36420 and my profit when graph goes down is 36600-36420=180 and 180*100/36600=0.4918% profit with 10x profit 0.4918*10=4.918% profit again……
So in this way you can Earn Huge Profit Daily by following this step by step method and don’t forget to withdraw your earnings as you can withdraw whatever you earn in bitcoin and transfer it to Paxful or Local bitcoin wallet where you can create an account and sell your crypto for real money…..
So what are you waiting for, Create a free account and Start Making Huge Profit Now…….
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