Bitcoin Forum

Hello all,

I am new to spread-betting on cryptos, and have found that all the platforms I have tried so far (markets.com and trade.com) seem to be money-making scams to trap noob-traders like me. Despite the handy £25 no deposit bonus, which apparently I can withdraw once I have deposited my first £100, they have rather strange terms such as the minimum deposit is at £100, the leverage is locked to 5:1 on Etherium and 10:1 on Ripple, and there is no customer service contact number, just a strange looking mail address somewhere in Cyprus. Could someone please point me in the best direction?

I was hoping to put a few short trades on Bitcoin, Etherium and Ripple over the next few months and want to trade at either 2:1 or 3:1 leverage. I am sure there must be a platform that allows me to do so for all three crypto-currencies. Surely the leverage being locked to 5:1 on ETH and 10:1 on XRP has got to be a scam to make money.

I have accounts with IG.co.uk and XM.co.uk, but neither of them offer more than just BTC and ETH. I would also like to short-trade Ripple as it has been very volatile (10% growth in the last 9 hours for example!).

Also, could anyone give their opinion on Bitcoin, Etherium, and especially Ripple as longer term investments? If anybody out there has got the inside information, a month by month prediction/forecast over the next year for all three crypto-currencies would be absolutely ideal! I'm asking a lot there I know, but I'm sure you guys and girls in this forum are the right group of people to be asking!

Thanks in advance for your help.

Kind Regards,
Slingshot1986

Or if anyone has any information on a good crypto-currency news/prediction/forecasting website then please let me know.

Thanks again,
Kind Regards,

Slingshot1986

Thirdly, sorry about this, but I have also just started mining ETH with 1 GPU. I am averaging 24MHs, and earning just over $0.80 per day. If the value of ETH goes up, will my earnings go up proportionally, or will they stay the same?

Thanks in advance for all 3 queries.

Kind Regards,
Slingshot1986

As a old trader i always check forexfactory as a source of real news.You can find information there even about cryptocurrencies.Members post their predictions about latest crypto coins/tokens.But do your homework and check another sources.

Thanks... and as for the best place to trade in cryptos at a leverage that is not locked to 5:1 for ETH, and 10:1 for XRP for example, do you know of the best platform?

Checkout the STOX platform and tokens, man. I don't know if you heard, but they paid Floyd Mayweather Jr. a pretty sum to tweet about them before the recent big fight with Conor McGregor. Everyone was talking about it and the price rose drastically every day until the fight. It went down a bit now, but their platform is all about sports betting and stuff like that. Check it out and maybe that is what you are looking for.