binance BTCUP and BTCDOWN did you hear about them ?

[CryptoLegendry 505]

BTCUP and BTCDOWN

 

Have you ever thought about making a profit on the dangerous Bitcoin move?

I think 95% of the members here have never heard of BTCUP or BTCDOWN or even how can we benefit from them?

With these two currencies, you can make money by predicting future Bitcoin movement! Let's explain a practical example to clarify the idea more!
Now the price of Bitcoin is 19,200 and I expect the price of Bitcoin to drop to 16,600 over the next few days! Well what am I going to do?
I will convert my bitcoin into BTCDOWN! If my prediction is correct, I will profit by the difference between 19,200 and the price at which Bitcoin fell, let it be 16,600, 
So our profits will be 15%

The opposite is true for BTCUP

Do you think it's a good way to earn? Will you use it in the future?

Edited December 3, 2020 by CryptoLegendry

[Flying11Horse 45]

I think @CryptoLegendry, it's a good way to earn profit .I am hearing about this the first time .I have been seeing so much profitable features of Binance .I think I should start to use Binance .The price of BTC will go up than 20K USD .I would certainly choose BTCUP .

[Ridam 7455]

Btc up and down are basically leverage tokens. Some time back in some token like xrp and eth , Xrp bull and bear were launched in the  Binanace but after some issues with them they got delisted. And Binanace launched owns Leverage tokens. There are other tokens also like Xrpup/down, Ethup/down.

All lf these are leverage tokens and only if you are sure about the movement then I do suggest to make position in them.

[CryptoLegendry 505]

3 hours ago, Flying11Horse said:

I think @CryptoLegendry, it's a good way to earn profit .I am hearing about this the first time .I have been seeing so much profitable features of Binance .I think I should start to use Binance .The price of BTC will go up than 20K USD .I would certainly choose BTCUP .

If you like trading, you should try the Binance platform, as for me it is considered the best! For many reasons! Because through the Binance platform, you can profit in all cases, up and down! So whoever has the skill of analysis can, through trading, do a great job and make a lot of money through this platform!

 

3 hours ago, Ridam said:

Btc up and down are basically leverage tokens. Some time back in some token like xrp and eth , Xrp bull and bear were launched in the  Binanace but after some issues with them they got delisted. And Binanace launched owns Leverage tokens. There are other tokens also like Xrpup/down, Ethup/down.

All lf these are leverage tokens and only if you are sure about the movement then I do suggest to make position in them.

Yes, this is true, there are many such models as Ltcup and LTCdown and they are only available on the Binance platform and this is really interesting!

[Dorjoy12 8962]

Do you wanted to mean when btc tend to go down then convert it to fiat and again convert fiat to btc or is it look leverages trading??  Actually i am new in this strategy so i think you should explain me more about this @CryptoLegendry..   Its look like profitable way to earn money..       

[Cryptotakl1 0]

Btc up and down are basic leverage tokens.we can buy now thinking that it may not touch this price again once it goes to the moon ,and this is really interesting !

[Abdulrahman3 1252]

It is a good way to make money, but it is dangerous at the same time, and this competition was launched a month or more ago when Bitcoin approached the price of $ 20,000 per bitcoin, and a prize was offered to those who expected the time that Bitcoin would arrive at this price, but I did not participate in it.

[Chakomakasi0123 52]

The btc up is must preferably to us because each and every member of this forum is not pray for btc down everyone is pray for btc up.

[CryptoLegendry 505]

Now there is a great opportunity for 0 to use Btcup and Btcdown trading! Since the decline in Bitcoin is large, it must rise again to make a new peak! It just takes a bit of courage and patience

[Syriana 350]

As a beginner trader, I have not heard of this step, which will earn me more profits, and I think it is a good idea to double my money and profits, and it can be used at this time because the Bitcoin movement is not relatively stable and this will constitute a profit and win motive

[Whited35 15285]

On 12/4/2020 at 2:58 AM, CryptoLegendry said:

Do you think it's a good way to earn? Will you use it in the future?

What if your prediction is gone wrong? Liquidation of your all amounts? More likely a luck-based schemes and may not be effective for all the time. I am still loving to go for active day trading of the cryptocurrency for acquiring the decent profits. 

[CryptoLegendry 505]

On 3/11/2021 at 9:19 AM, Whited35 said:

What if your prediction is gone wrong? Liquidation of your all amounts? More likely a luck-based schemes and may not be effective for all the time. I am still loving to go for active day trading of the cryptocurrency for acquiring the decent profits. 

There are many people who are really professional with knowing Bitcoin movements before they happen! There is one analyst called Ramez and he has a channel on Telegram. He is really professional in knowing all Bitcoin movements! Therefore, I consider that this method of earning is only for trading professionals (specialists in Bitcoin trading)

[Whited35 15285]

9 hours ago, CryptoLegendry said:

There are many people who are really professional with knowing Bitcoin movements before they happen! There is one analyst called Ramez and he has a channel on Telegram. He is really professional in knowing all Bitcoin movements! Therefore, I consider that this method of earning is only for trading professionals (specialists in Bitcoin trading)

Okay let me check that channel. It will not be the problem to give a try for getting ideas from someone. Myself, I love to hear the new ideas in trading if it is possible. There were so many so-called analysts with the flopped analysis that's why I am a little bit concerned here. 

[CryptoLegendry 505]

4 hours ago, Whited35 said:

Okay let me check that channel. It will not be the problem to give a try for getting ideas from someone. Myself, I love to hear the new ideas in trading if it is possible. There were so many so-called analysts with the flopped analysis that's why I am a little bit concerned here. 

Yes, of course, but I think that you should use the translator in some cases because Ramez is an Arab person and speaks Arabic, but you can definitely benefit from this channel! Ramez owns a YouTube channel (he talks about Bitcoin's moves before they happen) 

WhalesHunter Guy
and he owns a Telegram channel (with which he places the best investment and speculative deals)

WhalesHunter Signals

[Whited35 15285]

2 hours ago, CryptoLegendry said:

Yes, of course, but I think that you should use the translator in some cases because Ramez is an Arab person and speaks Arabic, but you can definitely benefit from this channel! Ramez owns a YouTube channel (he talks about Bitcoin's moves before they happen) 

Oh, language can be the problem here. I do not understand Arabic and I do not know if translator tools work with 100% accuracy but anyway I might give a try there. Thanks for your info. 

2 hours ago, CryptoLegendry said:

WhalesHunter Guy
and he owns a Telegram channel (with which he places the best investment and speculative deals)

WhalesHunter Signals

There were some similar channels on Telegram but I did not joined the channels that you have mentioned. Essentially, there are some bots to get automated updates and I am comfortable with them too. 

[CryptoLegendry 505]

45 minutes ago, Whited35 said:

Oh, language can be the problem here. I do not understand Arabic and I do not know if translator tools work with 100% accuracy but anyway I might give a try there. Thanks for your info. 

There were some similar channels on Telegram but I did not joined the channels that you have mentioned. Essentially, there are some bots to get automated updates and I am comfortable with them too. 

These telegram bots depend on a specific algorithm and rely heavily on the domain number in analyzing the Bitcoin movement .. For me, I only increase my awareness by watching such channels, but I mainly rely on myself for analysis!