Stormgain Profits

Turning Free Mining Into Real Profit Using Leverage

By Schlixxxxxx | Crypto4free | 21 Nov 2020


Stormgain profit

Look at those sweet digits. They're small but meaningful.

I've been on a journey, making as much free crypto as I can during the bullrun, and besides Cointiply and Coinpayu, Stormgain has been absolutely incredible in terms of time spent vs returns.

Cointiply and Coinpayu require a lot of attention, whereas Stormgain does not.

Simply register and switch the miner on:

Stormgain miner

It mines about 1000 satoshis every four hours currently, so it'll take you a little while to get to the $20 I recommend you hold before withdrawing.

The reason for this is that even though you can withdraw after 10, price increases mean you rise to $20 faster than with 10, because you withdraw in Tether. Also, you need $10 to be able to trade, so if you only lose a tiny bit and have $9.99, you can't complete a trade, so get to 20 and keep above 10.

Once you've withdrawn your 20 dollars worth of Tether, this will be "bonus" Tether that you can't withdraw or exchange - you'll need to trade it into profit, and you'll need a lot of profit before you can withdraw due to the high withdrawal fees (they take a commission too, but it is low and this is free money we're talking about!

Here's my returns from this morning:

Stormgain profit

 

As you can see I got very cocky, and paid the price, this is due to using 100x leverage to attempt to speed up the return: it also sped up my loss.

When you set a trade, you can do a couple of interesting things:

  • Trade on indices: they have Crypo Index 5, 3 and 10. 3 includes Bitcoin, Ethereum and Ripple and is a popular bet. 5 includes Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin which is also a great shout.
  • Set a leverage of your choice: don't use 100x leverage like I did - the lowest you can set is 5, and I like to use that or 10. 
  • Stop loss % take profit: you can use these to make sure your balance never or rarely goes below the $10 you need to be able to continue trading. As you can see in my screenshots above, as I was learning what to do I set take profits at 1, 3, 3.50, 5, 8 and 10 dollars, whilst my stop loss hovered around 2 or 3 dollars. It cant be any loss, as the commission the platform takes on the trade sees you hit a loss immediately that you then have to overcompensate for.

One thing I learned the hard way is that if you don't book your profits and keep using them for trades, there's a good chance you'll lose them.

Every time you take a profit in Tether, you can and should instantly exchange it into something else. I choose Bitcoin, Ethereum and Litecoin. Each of these has a high withdrawal limit, so I deposit my Cointiply and Coinpayu profits into Stormgain to help reach the limit, then withdraw it into my BlockFi interest account.

So far doing this I have managed to make nearly $500 dollars in a couple of months, which are now happily earning interest in Bitcoin. If I can do this, any of you can, I promise! 

I intend to continue using Cointiply, Coinpayu, Coinpot and Stormgain to earn free crypto, with the ultimate goal of it all building up in my interest account for the forseeable future. 

Disclaimer: I do not work for Stormgain, I am merely an advocate for their excellent platform. If you'd like, please consider using my referral link to join up and start doing exactly what I describe in this post.  

Many thanks,

Schlixxxxxx

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Schlixxxxxx
Schlixxxxxx

Crypto investor and advocate since december 17


Crypto4free
Crypto4free

How I'm building up my cryptocurrency portfolio without spending cash

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