2. How does eToro work?
The graphical interface of the website, as well as the eToro mobile application, is quite intuitive. Users can quickly familiarize themselves with the “one-click trading”.

eToro Reference Prices

Reference Prices. The current market prices are visible on the eToro platform.
All purchases and sales made on eToro are done through a CFD – Contract For Difference.

A CFD allows you to buy and sell a financial asset without holding it in your possession. It only trades on the basis of the price of the asset.

In fact, it would be unthinkable to buy commodities such as oil or gold, and have them delivered to your home.

This way, with eToro you can easily profit from the price movements of cryptocurrencies, regardless of the rise or fall of their prices.

It means:
📈 If the price of Bitcoin rises from 8,000 USD to 10,000 USD, you can profit from that variation.

📉 If the price of Bitcoin drops from 10,000 USD to 8,000 USD, you can profit from that too!

The advantage of this is that, unlike other exchanges such as Coinbase, it does not depend on a single price direction to benefit from the price fluctuations of a cryptocurrency – and this happens very often!

In the same way, with eToro you are not dependent on a single way of trading. Here are all the options:

Conventional Trading: Like most brokers, you can trade on your own and profit from the price movements of the assets you invest in;
Social Trading: If you don’t have much time available, you can copy the portfolios of successful traders already on the platform. With this option you will have the ease of not worrying about trading by yourself and you will share your profits with the trader you copy your trades from.
2.1 – Social Trading
You can’t talk about eToro without talking about social trading.

Beyond its simplicity, what really sets eToro’s platform apart from others in the market is the fact that it is a social trading network.

Already over 12 million traders worldwide use eToro!

Within their platform you have access to a large trading portfolio of many traders, from which you can copy them to share in their profits. This is known as copy trading or social trading.

With this, this platform solves some problems for beginners, such as:

Too complex trading platforms;
Difficulty in matching financial market movements;
Insufficient access to information.
There are more and more successful traders on eToro. This is relevant for those who appreciate cryptocurrencies, as the number of inclusions of these financial assets in investors’ portfolios has grown exponentially.

eToro Investors
The trading history presented is less than 5 years and may not be sufficient to serve as a basis for investment decisions.
In the investor search panel, there are several interesting search filter options, such as:

The market invested in;
The profit earned;
The amount of time in which this profit was earned;
The risk profile of this investor.
It is a valuable tool to find someone with a similar investor profile to yours, who you can trust with their money and investment style.

You can look for example for an investor who trades cryptocurrencies or who has made a profit of at least 10% in the last 3 months.

Jay Edward Smith (jaynemesis) is one of the most recognised cryptocurrency traders on the platform and for his opinion:

“A social trading is a fantastic move in the world of finance as it empowers those who might not normally be able to benefit from global market movements and puts them on par with more experienced traders.”

Jay Edward Nemesis

Trading a digital currency is an important source of income for many people. Some even make a living and make a good living from it. However, the market is a little uncertain, so it can happen that the trader earns very well one month and much less the next. This is especially the case for beginners.

Trading in cryptocurrencies knows no rest periods. The marketplaces are open around the clock. Since every trader has to sleep at some point, he would actually need one or two employees. Since this significantly reduces profits, trading bots are very important.

This review is about an important bot, namely Bitcoin Revolution. We have tested the software extensively and found that it is a recommendable bot. If you still want to test the software without money first, start with a free demo account.

Logo

What exactly is Bitcoin Revolution?
Bitcoin Revolution is a trading software for Bitcoins and other cryptocurrencies. The software uses certain key figures to determine the future value of the currencies. It decides independently whether the purchase is worthwhile for the investor and executes the transaction.

Initially, Bitcoin Revolution only allowed trading with bitcoins. Later, other currencies were added. Today, trading with Ethereum, Litecoin, Ripple and other digital currencies is possible. The software’s target group is beginners and professional traders.

Features and functionality of Bitcoin Revolution

Key figures

Who are the developers of Bitcoin Revolution?
Investors like to have someone responsible for the software. This is not possible with Bitcoin Revolution. There is no team behind the software. This may be a little worrying for some investors, but it is not a real cause for concern. It comes down to the performance of the software. On this point, Bitcoin Revolution does not have to hide.
The name Bitcoin Revolution is derived from the leading cryptocurrency Bitcoin. Although there is a white paper by the founder, it was only published under the pseudonym Satoshi Nakamoto. It is still unclear who is behind this.

Bitcoin Revolution owes its good performance to a network of good broker sites that are connected to the platform.

3 steps

A user opinion about Bitcoin Revolution
I am not very tech savvy. Of course, I know how to use Google. In comparison, Bitcoin Revolution is very sophisticated. Nevertheless, it only took me a short time and I was able to work with it. I even earned several hundred dollars with it in the first week. With the money I earned, I was even able to go on a second cruise that year. I thank my daughter who had the great idea to try this software.

Advantages and disadvantages of Bitcoin Revolution

Advantages:
– Bitcoin Revolution is completely free
– The user can try the software with a free demo account.
– The minimum deposit amount is very low at $250. Some other bots have higher subscription fees
– Customer support is available twenty-four hours a day.
– The user can access the software via the internet. Thus, the user only needs an internet-enabled device.

Disadvantage:
– It is not known who developed the software.

Conclusion on Bitcoin Revolution
Bitcoin Revolution is a trading software that is easy to use. An account can be created within a few minutes. The demo account is particularly worth mentioning. With it, everyone can try out trading first without having to invest any money. This is a great advantage, because it shows that the software is primarily concerned with the user earning money with the software.

Bitcoin Revolution compared to other providers

Bitcoin Revolution is one of the best providers on the market. It can trade completely on its own and performs better than many competitors. We therefore recommend Bitcoin Revolution to every interested investor.

Crypto tax service provider Lukka raises $53m in investment capital

Lukka plans to use the funds raised to provide further service for crypto derivatives, DeFi products and other crypto investment products.

Just weeks before American citizens are required to file their tax returns, a Bitcoin Up scam crypto company specialising in tax auditing and accounting has raised $53 million in investment capital.

Lukka plans to use the capital raised to expand

As the crypto company Lukka announced, it was able to generate the corresponding funds as part of a Series D financing round. The main investors were the influential asset management firm Soros Fund Management, founded by the notorious mogul George Soros, the tax consultancy CPA.com and S&P Global. Lukka plans to use the capital raised to expand its own scope of services to include crypto-derivatives, DeFi products and other crypto investment products.

“Innovations in the crypto industry have opened up entirely new ways for the financial world to exchange assets,” as Lukka CEO Robert Materazzi explains to this effect. To which he adds, “This new capital will help Lukka be a pioneer of this innovation so we can solve even the most complicated problems for our clients.”

Last year, the company already raised $75 million from three investors and financial services firm State Street. Lukka provides its services to more than 200 crypto investment funds.

The current hype around cryptocurrencies raises questions for many investors about the tax treatment of the asset class. The recent investments in Lukka could be an indication that more and more investors therefore see a business opportunity in this area. The crypto company is now already working with RSM, one of the largest auditors in the US.

Un utente si è riferito a suo marito come “il lavaggio del cervello” su Bitcoin, dicendo che stava rovinando il suo lavoro parlando di criptovaluta ai suoi eventi di marketing.

Secondo quanto riferito, gli investimenti in criptovaluta sono stati una fonte di conflitto nelle relazioni, a volte portando a rotture e persino al divorzio

Secondo un post di Reddit del febbraio 2015, una donna di 28 anni che utilizzava un account usa e getta ha affermato di essere incredibilmente arrabbiata con suo marito, che non aveva smesso di acquistare Bitcoin ( BTC ) dal 2013 senza consultarla. Ha stimato di aver acquistato più di $ 22.000 nella criptovaluta nei due anni precedenti al post, quando il prezzo ha raggiunto un massimo di oltre $ 1.000 ma è anche sceso sotto i $ 200.

“Continuavo a dirgli di vendere mentre il prezzo stava aumentando e mi ha promesso un grande anno nel 2014″, ha detto. “Il prezzo continuava a scendere e lui continuava a comprare di più. Guadagna più soldi di me, ma stiamo costruendo un futuro insieme e abbiamo un conto bancario condiviso. Continuava a dirmi che questo era per il fondo del college dei nostri figli, per comprare una casa, ecc. ”

Agli albori del Bitcoin e delle criptovalute, quando le valute digitali venivano spesso utilizzate come scherzo per talk show e comici a tarda notte , molti consideravano come minimo investire nella tecnologia finanziariamente immaturi. Alcune persone lo fanno ancora , anche con il prezzo BTC di oltre $ 50.000.

Il Redditor ha definito suo marito “il lavaggio del cervello”, dicendo che le stava “derubando della felicità” e le stava rovinando il lavoro parlando di Bitcoin ai suoi eventi di marketing

“Dopo un recente crollo dei prezzi, ha effettivamente acquistato di più utilizzando il nostro fondo per le vacanze che stavo risparmiando e pianificando. Tutto finito, in Bitcoin per non essere mai più visto. ”

Non è chiaro se la coppia sia rimasta insieme dopo la risposta del post o se il marito abbia venduto alcuni o tutti i Bitcoin per alleviare le preoccupazioni finanziarie della moglie. L’utente ha paragonato il coniuge a un tossicodipendente e ha considerato “rimanere in un hotel per alcune settimane” per pensare se il divorzio fosse un’opzione.

Tuttavia, con il senno di poi, il primo investimento del marito avrebbe potuto facilmente ripagare in milioni di dollari. Anche supponendo che abbia acquistato BTC dopo l’aumento del prezzo a $ 1.000 nel novembre 2013, le 22 monete varrebbero ora più di $ 1 milione.

Poiché la storia è stata pubblicata sul subreddit r / relations piuttosto che su un gruppo pro-criptovaluta come r / Bitcoin o r / criptovaluta, molti dei Redditor hanno incoraggiato l’utente a separare le sue finanze e considerare le procedure di divorzio. Pochi appassionati di criptovaluta sono saltati sul thread per commentare, ma uno ha predetto che un giorno il BTC avrebbe “valso fortuna” e ha raccomandato al marito di continuare a HODL.

Un’altra storia di un Redditor dopo la corsa al toro del 2017 – che ha portato molti neofiti nello spazio crittografico – ha affermato che la sua ragazza stava pensando di rompere con lui dopo “un enorme investimento in criptovalute”. Tuttavia, le valute digitali sembrano aver giocato un ruolo minore nella sua storia, poiché l’utente ha detto di aver avuto un incidente con un’auto mentre guidava ubriaco e stava facendo pressioni sulla sua dolce metà per lasciare il suo lavoro.

Sebbene molti trader di criptovalute sappiano che il prezzo del Bitcoin e di altre valute digitali continuerà probabilmente ad essere volatile, l’adozione e gli investimenti da parte delle principali aziende hanno contribuito a spingere la tecnologia più vicino al mainstream e reso apparentemente più responsabile per gli investitori l’azione prima piuttosto che dopo. Già la star di Shark Tank Kevin O’Leary ha affermato di aver aumentato la sua partecipazione in Bitcoin mentre il CEO della società di gestione patrimoniale Third Point Dan Loeb ha recentemente affermato di aver fatto un “tuffo profondo nella crittografia”.

Elon Musks voldsomme Twitter-aktivitet kan få ham i varmt vann med SEC ifølge advokater.

Juridiske rådgivere har advart om at Tesla-konsernsjef Elon Musk kan komme under tilsyn fra US Security and Exchange Commission over hans sosiale medieaktivitet og offentlige uttalelser rundt Bitcoin.

Mandag 8. februar kunngjorde Tesla i en SEC-arkivering at de hadde kjøpt $ 1,5 milliarder dollar i Bitcoin og snart vil akseptere BTC-betalinger. Rett etterpå steg prisene på eiendelen til en ny heltidshøyde på litt over $ 48 000 dollar.

Partner hos Linklaters og tidligere avdelingssjef for SECs divisjon for håndhevelse, Doug Davison, fortalte Storbritannias Telegraph- avis:

“Det ville ikke være overraskende – med tanke på konsernsjefens tweets, Bitcoin-prissetting og nylige dramatiske markedsbevegelser – for SEC å stille spørsmål om fakta og omstendigheter her,”
Tidligere visepresident for Den europeiske sentralbanken, Vitor Constâncio, takket stemningen og konkluderte med at “SEC vil se på dette,”

SEC og Commodity Futures Trading Commission har evnen til å undersøke dersom de mistenker markedsmanipulasjon.

Musk har vært vokal på Twitter om Bitcoin og DOGE ved en rekke anledninger, noe som bidro til at Bitcoin-aktivitet på den sosiale medieplattformen steg til sitt høyeste nivå

Bitcoin økte med 20% i slutten av januar etter at Musk la til #Bitcoin i sin Twitter-biografi og tvitret “I ettertid var det uunngåelig” og i slutten av desember la han ut en eksplisitt meme som antydet at han var sterkt fristet til å kjøpe Bitcoin .

Det er liten tvil om at Teslas offentlige angrep på Bitcoin har bidratt til denne siste prisøkningen, med Musks innflytelsesrike tweets om krypto til hans 46,5 millioner tilhengere som også er i stand til å flytte markeder.

Han er fortsatt for øyeblikket shilling Dogecoin med denne nylige tweet sent 10. februar om at han kjøper eiendelen. DOGE spiket 13% etter den aktuelle tweeten for noen timer siden.

Musk er ikke fremmed for Twitter-kontrovers; han har tidligere blitt beskyldt for å legge ut feilinformasjon på plattformen angående Covid-19 og nedleggelsen av en av hans fabrikker.

I en annen hendelse foreslo han at Tesla-aksjekursen var for høy, noe som resulterte i et påfølgende kursfall. SEC saksøkte Musk for svindel og beskyldte Tesla-sjefen for å ha gjort “falske og villedende tweets”, men han slo seg sammen med regulatoren kort tid etter.