When Bitcoin (BTC) exceeded the recent $50k resistance point on the 16th February 2021, a very significant breakthrough was made.
BTC has spiked more than 200% in the last 90 days.
400% against the US dollar for the year.
When it comes to the Bitcoin market there are two avenues available to you to break into the crypto space.
Trading BTC, while it can produce high percentage returns, also comes with very high risk.
When trading on the crypto space, 100% of your initial capital is always at risk. Not to mention if you are not exceedingly educated in market analysis you are essentially blindly trend trading.
We have all heard the story far too often of someone we know or a friend of a friend who bought BTC during a bull run, uneducated and not wanting to get FOMO, only to lose most, if not all of their capital.
The other option to enter into the crypto market is through digital asset mining.
Mining through a proven, successful model ensures that the risk and the volatility of the market are eliminated, keeping your capital safe.
But, you have to find the right BTC mining model!
NGS Crypto, Australias leading digital asset mining specialists have been mining BTC since 2013, and commercially launching our digital asset-mining product to the world in 2016.
As mentioned above, we all saw the bull run of 2017 when BTC hit an all time high of $20,000 USD, those who were trading BTC and who were uneducated bought BTC close too if not at its peak. When the cryptocurrency dropped to $3,000 USD, 90% of traders sold at a loss, losing what capital they had.
In the cryptocurrency world, a major bull run has historically occurred every three to four years, however, when trading you cannot wait every three to four years for the next bull run to make a return.
NGS Crypto Mining
Through mining BTC with NGS Crypto you are able to consistently generate a return, even when a bear market is happening.
This is made possible through our highly efficient NGS Mining model, with NGS Crypto you will
Disclaimer: The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.