The post Make Money While You Sleep With Profitable PrimeXBT Passive Investing Tools appeared first on Coinpedia Fintech News
With global markets struggling to resume an uptrend, investors are now seeking alternative ways to get a return on their capital. Passive investing allows investors to generate profits more safely with less risk overall.
By having capital less exposed to turbulent market volatility, cryptocurrency holders can finally get a good night’s sleep without worry that when they wake up, their money will have evaporated overnight. Best of all, passive investing lets investors make money while they sleep.
Discover how to make your dreams a lot sweeter and profit while you sleep with PrimeXBT passive investing tools.
Sweet Dreams Are Made Of These
One of the most prolific quotes from one of the most prominent investors of our time –– Warren Buffett –– said,
“If you don’t find a way to make money while you sleep, you will work until you die.”
Everyone’s dream is to strike it rich, retire someday, and live “the good life.’ That dream has started to fade as investors realize that returns in the stock market could be done for some time. The fallout from FTX might also keep crypto prices down for a lot longer.
Those who won’t give up on their dreams are left searching for a way to generate profits reliably while keeping risk and volatility to an absolute minimum. Passive investing is gaining tremendous popularity as a result.
Two Top Passive Investing Solutions, One Platform
Rather than allowing your dreams to turn into a nightmare-esque reality, consider the many passive investing alternatives offered at PrimeXBT. Two primary solutions enable a passive return on investment with very little work or risk.
The first solution involves idle crypto asset staking. By staking ETH, USDT, UDSC, or COV within the PrimeXBT dashboard, the system connects to top DeFi platforms to generate up to a 13% APY during peak market conditions. Rates vary but provide daily payouts to a crypto staking balance for compound returns.
The second solution is the cutting-edge Covesting copy trading module –– a peer-to-peer trading community attracting some of the best traders from around the globe. Followers can automatically follow top-ranked traders called strategy managers to generate an optimal return on capital passively.
Explaining How Covesting Copy Trading Works
While the crypto staking offered is straightforward, Covesting copy trading is more complex and deserves more attention. By activating Advanced, Premium, and Elite COV token memberships, the APY rate can be increased by up to 2x, and memberships also unlock unique benefits within the copy trading module.
For example, strategy managers can get a trading fee discount, while followers can improve the profit share in their favour. Followers share a portion of the success fees of any copied trades with the strategy manager they follow. Because the strategy manager also earns extra income, there is more incentive to perform their best.
Followers can access a massive leaderboard filled with traders boasting as much as 4,000% ROI. By clicking follow, followers will automatically copy the trades the strategy makes, earning a profit passively without all the hard work of trading. Followers also get risk management tools to help manage the impact of drawdowns on investment capital.
Be Prepared For When Markets Pick Back Up
When the market begins to show signs of life again, having your crypto assets already stored at PrimeXBT means you get immediate access to the most powerful margin trading tools around. If you were able to grow your capital effectively through passive investing, your gains could now be used as collateral to trade cryptocurrencies, forex currencies, stock indices, and commodities.
Long and short positions with leverage are offered on more than 100 different trading instruments under one roof, ranging from Bitcoin to oil to gold and the S&P 500. Investors and traders can use the variety to build a diverse portfolio that can withstand any volatility that does strike.
If you don’t have cryptocurrency already or want to start fresh with a new account, PrimeXBT lets users buy crypto with a VISA or Mastercard via the desktop website or award-winning mobile application for Android and iOS. The app lets you have a constant connection to global markets.
Wake Up To More Ways To Profit And Grow
Charting software is provided to assist traders with getting a read on the market. A new educational website called PrimeXBT Trading Academy will teach you new skills and trading strategies, how to use the platform, and much more.
Investors can also pass the time until the bullish trend returns by competing in weekly trading competitions using no-risk virtual funds. The risk-free trading environment offers crypto-based prizes and a chance to practice without the fear of loss.
Finally, PrimeXBT offers a four-level referral program that lets those with a large following or social network to drive additional income passively. All it takes is sharing a custom referral link with friends, family, or online and raking in up to 20% in commissions.
Make Money While You Sleep With PrimeXBT Passive Investing
The plentiful passive investing options at PrimeXBT let anyone make money while they sleep. The eye-opening power of the margin trading platform is also ready for when it is time to take a more active position in markets.
The PrimeXBT smartphone application is available as a free download in the Google Play Store for Android and the Apple App Store for iOS. It lets traders sleep with peace of mind by having their phone on their nightstand, ready for anything the crypto market delivers.
Don’t fear the bear market any longer, and get back to making money and still sleep like a baby. Register for a free PrimeXBT account and start making money while you sleep.