How to become a bitcoin millionaire in 2021

Crypto arbitrage: How to become a bitcoin millionaire in 2021

Crypto arbitrage offers a way to make a lot of money very quickly. Find out how it works here.

2020 was a watershed year for both Bitcoin and the crypto space in general. More and more financial institutions and large global companies are recognising the growing potential of Bitcoin Formula cryptocurrencies as a lucrative long-term investment. If you didn’t buy Bitcoin before the rally started in 2020, it may feel like you missed your chance to become a Bitcoin millionaire. However, this is actually not the case.

In fact, there are many ways to generate huge crypto returns. For example, „hodling“, where you hold onto your coins with the long-term hope of appreciation. Or even „day trading“, a faster, riskier strategy where you take advantage of the extreme volatility of the market.

Reduce risk

One of the lowest-risk forms of investing, is crypto-arbitrage. This is a strategy where you take advantage of temporary price differences between different exchanges. This involves a short window of time when a cryptocurrency is available at different prices at the same time. With crypto-arbitrage, you can profit from these price differences by buying the respective coin on the exchange, buying it with the lowest price and then immediately selling it on the exchange with the highest price to make a profit.

A leading company in this field is ArbiSmart. This is an EU-regulated crypto-arbitrage platform. The company’s AI-based algorithm is connected to 35 exchanges, which it scans around the clock to identify and exploit crypto-arbitrage opportunities. In doing so, the system monitors hundreds of cryptocurrencies simultaneously, generating profits of up to 45 per cent per year.

The platform is fully automated. Simply sign up and the system takes care of the rest. Your funds are exchanged for RBIS, the platform’s native token, and used for crypto-arbitrage trading. You can focus on other things while earning passive income and cash out your passive profits in bitcoin or euros at any time. If the Bitcoin market crashed tomorrow, it would not affect your crypto arbitrage profits as they are not vulnerable to the volatility of the crypto market. This mitigates the risk considerably.

Know your profits in advance

A big advantage of crypto-arbitrage is that, unlike hodlng or day trading bitcoin on crypto exchanges, you can predict with high precision how much you will earn. For example, ArbiSmart offers guaranteed returns that start at 10.8 per cent and can reach up to 45 per cent, depending on the size of your investment. If you look at the ArbiSmart accounts page, you will see exactly how much you will earn per month and per year based on your account balance. If your goal is to become a millionaire, you can invest 7 BTC, at the current price of around 50,000 EUR, and in less than four years you will be a millionaire!

Remember, in addition to these crypto arbitrage profits, you will earn compound interest on your investment. You will also make huge capital gains based on the ever-increasing value of the RBIS token, which has already more than tripled. Since it was launched in early 2019, RBIS has increased by 350 per cent.

ArbiSmart will launch a range of additional financial services this year. That, combined with the fact that RBIS is set to go public in Q4, is likely to drive the share price up further. This is prompting analysts to forecast that RBIS’s value could increase twenty-fold by the end of 2021.

Secure your investment

There’s no point in becoming a millionaire if you lose all your capital in a hack or scam. It’s not an uncommon scenario in the crypto space. This is why you need to place your crypto or fiat capital with a fully licensed and regulated platform. ArbiSmart, for example, has an FIU licence, which means it is authorised to offer crypto-fiat financial services throughout the EU. To do so, the company must meet strict requirements. These include know-your-client and anti-money laundering procedures, segregation of client and company funds, capital reserves to cover all operations, strict data security protocols and regular external audits.