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I'm looking for a more passive way to do crypto trading, is it possible?
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Mike Ferrer
20 Aug 2019
Head of Community, Southeast Asia at Chainlink Labs
A fairly straightforward system I use is to basically buy and hold. I know boring right? Time in the market beats timing the market. Only put in what you can afford to lose. Educate yourself, learn as much as you can about Bitcoin, Blockchain and Cryptocurrencies and only put in small amounts, call it "beer money" if you will. Test the waters. Don't go wild.
Some exchanges that you can use fairly easily in Singapore are:
Gemini: https://gemini.com/
Binance Singapore: https://www.binance.sg/en
CoinHako: https://www.coinhako.com/
Also, I would recommend storing your coins outside of exchanges using a hardware wallet like a Ledger Nano S: https://shop.ledger.com/products/ledger-nano-s
Since you asked for a system, a slightly more advanced way to do some investing systematically or cost averaging is to build a sort of crypto index. I use a few products such as: https://www.hodlbot.io/ - A customizable cryptocurrency trading bot that enables users to index the market, create custom portfolios, and automatically rebalance their cryptocurrency portfolios.
https://www.iconomi.com/ - Crypto funds that are managed and picked by experienced investors. You can pick which strategy you like. It's basically an index of different cryptos.
Additional reading that I found really useful when I started on my journey here:
https://www.hodlbot.io/blog/ultimate-guide-on-c...
https://www.hodlbot.io/blog/constructing-crypto...
Good luck!
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Jefremy Juari
19 Jul 2019
Financial Writer at Medina Books
Research genesis vision trading. Tokens available at binance @GVT coin. Good company, good passive t...
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Royal Q is a AI crypto trading robot originating in China since 2017. Trades on your behalf in your Binance or Huobi account through API methology. Can only place trades on your behalf and does not have access to your funds. Proven track record and profitable using dollar cost averaging together with quantificaion methods that provides a stream of passive income from 2-6% daily. Able to withdraw your profits anytime, capital and profits are secure in your own Binance/Huobi wallet. 100 USDT robot activation fee and 20% of profits for robot fuel charge. No minimum capital required.
Registration
https://raqsy.com/s/AKW7U or via Royal Q app with invitation code AKW7U downloadable on android or iphone app store.
API binding
Sign up for Binance or Huobi if you have not
https://www.binance.cc/en/register?ref=AXV7LY92
https://www.huobi.com/en-us/topic/double-reward...
Go to API management in Binance or Huobi and create a new API named Royal Q. For Huobi, tick trade permission.
Copy the access key and secret key.
Login to Royal Q app. On home screen, click API binding. Choose Binance and/or Huobi and enter the corresponding keys. Enter 90 days validity for Huobi.
Funding
Buy USDT with Binance or Huobi for a sum of your capital + $120. For eg, if you want to try with a capital of $100, fund it with $220.
Deposit
On Royal Q home screen click on "mine" tab on bottom. Click assets. Click deposit. Deposit to wallet address $120 usdt using TRC20 network from Binance or Huobi.
Activation
After receiving the funds in Royal Q, click Activate on the yellow banner in "mine" tab. You should see $20 remaining in asset wallet. This will be used for robot "fuel". Do top this up when it runs low to prevent the robot from pausing trading. The remaining $100 minus transfer fees in Binance or Huobi will be your starting capital.
Start
On Royal Q app, click Quantify tab (2nd tab on bottom). Select Binance or Huobi on top and click on ADA/USDT. Click transaction settings on bottom left. Enter the First order amount with10% of your capital. ($10 for $100 capital), click Confirm on top right. Then click Start Up on bottom right. Thats it, your Binance or Huobi's spot wallet should start generating 2-6% of profits daily.
Strategy
For various capital and investment strategy, you may find them on social media but the above will be sufficient for you to start off with and see the potential returns.
Tip
If you purchase a small amount of BNB in binance, they will charge the transaction fees in BNB at 25% discount.
For $100 capital, trade 1 coin (ADA)