Are you on the look for a platform to invest and trade cryptocurrencies in 2021? Popular crypto trading platform Bitcoin Loophole and BitRent are merging to create one platform that can support both. In this article, we are going to review how a partnership between the two popular platforms plan to benefit their users.
The cryptocurrency market is always open 24/7 and does not close like the traditional stocks and forex markets. This can turn out to be a very stressful situation for crypto traders and even ordinary investors in the sector. The massive volatility associated with cryptocurrency trading has made trading using robotic applications to become increasingly popular. Automated trading platforms such as Bitcoin Loophole allow traders to be in control of their trades at all times.
BitRent: What type of platform is it?
BitRent is a popular crypto platform whose objective is to attract commercial and residential commercial property during their early development stages to generate as much revenue as possible. The platform enables investors from anywhere in the world to invest and own commercial real estate properties at an affordable rate.
BitRent has been one of the best blockchain-based real estate platforms for various reasons. The platform has been around for a couple of years and has grown increasingly popular among crypto enthusiasts interested in real estate investment. Here are some of the features of BitRent that makes it popular among investors:
Registration: The registration process on BitRent is pretty simple. The platform allows new users to join free of charge without any complications. You need only to fill a few details on the form provided to verify the account.
Available universally – BitRent allows people from all over the world to invest in commercial properties like hotels, shopping centres, and businesses through the RNTB token. There are no limitations on property investment, and people can own any property in the world listed on the platform.
Ease of use: The platform is easy to navigate through and user friendly. New users can easily find all the information they need on the official website. Property investment portfolios are easily manageable online and can be viewed at any time.
What is Bitcoin Loophole?
Bitcoin Loophole is a new generation crypto exchange that uses computer algorithms to trade cryptocurrencies like bitcoin. Trading cryptocurrencies and making regular profits has become much easier due to advanced robotic platforms. Is a platform like Bitcoin Loophole worth your while? Bitcoin Loophole has been one of the most consistently performing algo traders over the last couple of years. There are very many such applications in the market which makes it very difficult for traders to decide which one.
Besides, there are many fraudulent platforms on the internet that claim to help traders make millions. In fact, out of every one automated trading platform, there are four scams as per the current statistics. New traders should be cautious when choosing a crypto trading platform to invest. Bitcoin Loophole is a regulated robotic trading application, and why is it worth your time? Well, let us look at its features:
- User friendly – Bitcoin Loophole is designed for all types of users, both experienced and inexperienced traders. We suggest the software for everyone who wishes to trade cryptocurrencies without having to own them.
- Consistent performance – The software has an alleged accuracy of 80% in analyzing changes in the cryptocurrency markets. Bitcoin Loophole allows you to place many trades at the same time using its high-frequency trading (HFT).
- Committed customer care – The application offers excellent customer service 24/7. The team is dedicated and very professional. Additionally, the underlying brokers can offer assistance when needed.
- Open and transparent – The developers of the platform have provided very detailed guidelines to help you get started with the app. Apart from that, the platform has a demo trading account to help you familiarize with how it operates.
- Trustworthy – The robot is legitimate and trustworthy. Its performance is above average and multitasks much more accurately than humans can.
- Registration – The registration process is easy and free. There are only three steps involved, which are pretty straightforward. The only details required to complete the process include your first and last name, an email address and phone number.
Why should you invest and trade cryptocurrencies in 2021?
Cryptocurrencies are a relatively new asset class that creates an alternative investment option. From an investment perspective, having an alternative source of income is essential. Unlike investing in stocks, cryptocurrencies are more like a commodity than a company which gives many people problems. In the stock market, investors will continue receiving dividends even during the bear market, unlike cryptocurrencies. Why should you invest in cryptocurrencies in 2021?
Trading robots provide investors with income options – Trading robots such as Bitcoin Loophole take advantage of market movements to help traders make profits. Using bots makes sense because they use smart algorithms to scan the market for the most profitable trading opportunities. Unlike humans, bots are functional 24/7 scanning and implementing trades.
Bitcoin proliferation is expanding – The adoption of bitcoin is accelerating globally. The number of bitcoin addresses has steadily increased throughout 2020. According to data by popular crypto wallet, Blockchain.com, the number of new wallets has risen from 43 million to 58 million over the last year. Moreover, the entry of big players in the cryptocurrency space has played a massive role in accelerating bitcoin adoption. Institutional investors such as PayPal, Microstrategy, Jack Dorseys Square and many others have already invested hugely in bitcoin and other cryptos. The price of bitcoin will rise as proliferation increases.
Bitcoin has always exceeded its all-time high (ATH) price after collapsing – Historical price data is equally important to analyze before investing in an asset. Bitcoin has gone through good and bad moments in its short lifetime. Indeed, the worlds leading crypto has been pronounced dead approximately 400 times over the last ten years, but it is still growing strong. Back in 2011, the price of BTC dropped from a high of $30 to just $2 after the infamous Mt. Gox hack. However, bitcoin recovered its lost value and surpassed its previous high in 2012.
Historical data shows that the price of BTC has surpassed it ATH three times over the last decade after a price collapse. This happened in 2012, 2013 and 2017 when it reached a record $20,000. Early in March 2020, the World Health Organisation (WHO) declared COVID-19 a global pandemic resulting in the crash of financial markets. Similar to the forex and stocks markets, the cryptocurrency market was massively affected by the price of bitcoin dropping from $10,000 to almost $4,000. Fast forward to December 2020, the time of writing this article, the price of bitcoin has already recovered from the ruins and on track to break its previous 2017 ATH of $20,000. The current market value of BTC is currently $22,943, according to Coinmarketcap data.