Market Predictions for Early 2019 Are High and This is How You Benefit From Them

Looking back at the last few years, we can see that the first few weeks of every year tend to be exciting and eventful and we should plan to take full advantage of that. Some years, the market has skyrocketed in early January, while others have seen the market drop. In early 2018, the cryptocurrency market was mostly trading at all-time highs during early January before initiating a year-long bear market that we’re still stuck in.

In addition to regular investments and day trading on exchanges, there is one way to benefit from high volatility that many traders overlook, and that’s what we’ll cover in this article.

But first, let’s take a look at some of the predictions for the new year.

What Could We Expect From the Cryptocurrency Market in 2019?

At this point, we all know how difficult it is to try and predict where the market is headed. In fact, even the most established cryptocurrency experts have been struggling to produce accurate predictions lately.

However, after a disastrous year and an extended bear market, it seems like the cryptocurrency world is divided into two fields.

The first are the former cryptocurrency enthusiasts that still believe in the power of cryptocurrencies and blockchain but has have lost faith in the market and are convinced that none of the assets will ever be able to recover again.

Generally speaking, this group of traders is characterized by their lack of experience in the industry and mostly consists of traders that joined during late 2017’s incredible bull run. Their problem is that they weren’t around all the other times that the price of Bitcoin dropped drastically before bouncing back to new all-time highs.

The second group is the more optimistic traders that are still fully in the game waiting for the market to turn while trying to predict exactly where the bottom is so that they can re-invest. In most cases, these guys have also learned how to benefit from the volatility and are the ones that will benefit the most from this article. They also tend to predict great things for the market in 2019 because they have all learned from previous bear markets.

Out of these two groups, the second one is the most connected with reality. Because regardless of how much the value of Bitcoin and other cryptocurrencies have plummeted this year, the likelihood of the market never recovering are slim to none.

In fact, most experts agree that the industry hit bottom when Bitcoin touched $3,200 the other week or that we are about to hit bottom very soon. Most experts also agree that we should expect higher than usual volatility during the first part of 2019.

How To Benefit From Volatility

So, with that rather broad prediction of where the cryptocurrency market is headed out of the way, let’s take a look at how you as a trader can benefit from high volatility.

In addition to investing in cryptocurrencies and trading them against each other on exchanges, there is one form of trading that is better suited for fluctuating market conditions.

Derivatives trading, and especially CFD trading, is a form of trading that has been used on the stock, forex, and commodity market for decades and that recently saw an upswing on the cryptocurrency market.

BullMarketz specializes in these type of investments and can help you find a suitable broker.

The benefit of CFD trading is that you can trade cryptocurrencies without owning the asset. Also, CFDs have been designed in a way where it’s just as easy to trade on increasing prices as it is on decreasing prices. In fact, the easiest way to short trade a cryptocurrency is to use CFDs and that is exactly how you benefit from a volatile market.

With a trading account with one of the leading cryptocurrency brokers, you can without any effort make a good profit off cryptocurrencies even when the market is collapsing.

Final Thoughts

Regardless of what you believe will happen to the cryptocurrency market, or what is actually going to happen, CFD trading is the best way to take advantage of the market’s high volatility.

In fact, by equipping yourself with an account on an exchange as well as one with a broker, you will be prepared for whatever the market throws your way.

Oracle Times Editor Author

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