Investing is available to the world community on PrimeXBT and you may have found screenshots of traders' PnL or global leaderboards on Twitter and elsewhere online.
Find out what we've gathered through word of mouth as well as our own trials and tribulations in the real world as traders and we've put together a list of all the reasons why should they try Invest in PrimeXBT.
1) Investing requires patience: the current hyper-connected and fast-paced world, generates quick rewards when we want it. When we want information, we search on Google. When we want to know what's going on with a family member, we send a quick text message or call Facetime. But return on investment sometimes takes years, and investors need to prepare for the long haul.
2) Best ways to profit: new investors quickly realize that if they buy low and sell high, they will have more to show in their balance.
3) Hodling is hell: the popular crypto term “HODL” is derived from the phrase “Hold tight” and was created to prepare crypto investors to understand that the volatility to come will not easy to bear.
4) Tough Trading: although holding can be difficult, trading is even more challenging and requires strong mental discipline and rigorous risk management.
5) Technical analysis takes time: even if you have nerves of steel, you may not yet have the vision to analyze the market. This natural talent cannot be taught and requires constant market monitoring.
Any of these five reasons should suffice to test investing as a follower. Followers can replicate the performance of strategy managers rated by their return on investment (ROI) so everyone can see it in a completely transparent global rating system.
A five-star rating system and a wide range of success and risk metrics are available to help followers choose followers. But there are still five more reasons to test Covest, this time for those who want to be a strategy manager.
1) Make a name: technical analysis involves playing the probabilities and coming up with a plan that includes tight risk management and execution of operations. People who do this very quickly gain fame and followers. Making your name visible as you increase your rank Investing can help traders stand out from the crowd.
2) Increase profitability with funding from supporters: the more your name and followers grow, the faster your income grows. Strategy managers using Covest can earn a portion of the profits generated from followers' funds.
3) Keep the community honest and transparent: competition creates excellence among brands and the same goes for entrepreneurs. By making all of our traders' profits and losses visible to the world, along with their level of risk and the total ROI they've generated, this eliminates liars and give the best to face the best.
4) Point to the stars: Covest's five-star rating system is something all traders want to achieve. It highlights the smartest traders on the platform, not just the risky traders who generate a great return on investment only to lose it later. To achieve the full five stars, you must strike a win-loss balance in favor of winning, keep your margin allocation at a reasonable level and maintain specific activities and account requirements to Show that you are serious about being a strategy manager.
5) Be number one: being a top ranked trader in Covest has several benefits. Everyone knows and sees your name often and you become the most profitable operator on the platform. It also provides the greatest possible visibility among potential followers, who will easily see to whom they should deposit their money.
Those are five reasons to test Covest, but there are many more. Try it for yourself today at PrimeXBT trading and at the award-winning bitcoin leveraged trading platform offering CFDs on stock indices, forex, crypto assets, gas, oil, gold , silver and more.
You can try at Primexbt Trading here.
MULTIPLE ORDER TYPES
Execute a variety of advanced order types such as market, limit, and stop orders, as well as take profit, stop loss, and OCO orders (one cancels the other).
EASY TO USE
The user-friendly graphical interface and tutorials makes PrimeXBT easy to use for anyone, new or experienced.
LIVE TRANSPARENT PORTFOLIO REPORTING
Access real-time portfolio metrics and position performance data right at your fingertips, from anywhere in the world.