Bitcoin prices have been volatile for years, but with great risk comes the potential for great reward. As a result, many investors continue to trade bitcoin and other cryptocurrencies despite the extreme risk involved in trading them. Trading software like Bitcoin Rush makes turning a profit on cryptocurrencies a bit easier.
Using software to trade bitcoin
Professional traders have been using software to trade other assets for many years, but the introduction of cryptocurrency software has enabled individual investors to use software as well. Bitcoin trading software enables you to automate your trades, so you don’t have to be watching the markets constantly. Software is also designed to try to anticipate where the market will go next, so you can capture profits by selling or buying at the best possible times.
It’s important to note that no trading software can ever be 100% accurate, although some developers claim their software has a high level of accuracy. However, no matter how accurate the software is, there will always be risk associated with trading cryptocurrencies because the prices have been all over the place.
RGA Investment Advisor 2Q20 Commentary: The Tale of Two Markets
RGA Investment Advisor commentary for the second quarter ended July 2020, titled, "The Tale of Two Markets." Q2 2020 hedge fund letters, conferences and more In our Q1 2019 commentary we expressed how “COVID-19 will kick off one of the most profound reshaping of our world any of us will see in our lifetime,” accompanied Read More
What is Bitcoin Rush?
The developers of Bitcoin Rush claim the software has an accuracy rate of more than 99% and that users have been able to double, triple or even quadruple their money. They say they developed the software to run about 0.01 seconds ahead of the markets. That doesn’t sound like much, but that tiny period of time can mean the difference between turning a profit and registering a loss.
The Bitcoin Rush app has won some awards, including receiving the top spot in the U.S. Trading Association’s trading software category. The software can be used for more than just trading software. Other cryptocurrencies it supports include Ethereum, Litecoin and EOS.
Supposedly, those who use the Bitcoin Rush app spend only about 20 minutes per day working in it while the software handles all the heavy lifting. To get started, Bitcoin Rush users must invest a minimum of €214, although it is possible to invest more than that.
This post is sponsored content. Trading cryptocurrency is extremely speculative and highly risky. You should not invest any more money than what you can afford to lose.