It was November when I started cloud mining on Stormgain (not really sure if it was November or October ??). For those who don't know, everyone can do cloud mining on Stormgain, all you need is an email address and a phone number. If you want to know about it, you can visit this article below. Their registration and verification are hassle-free. Traders don't even need to verify their identities to start trading. Just verifying the email address and the phone number is enough to start their crypto trading journey.
Stormgain's Free Cloud Mining
Stormgain is a cryptocurrency margin trading and investment platform. They currently have 30+ different cryptocurrency future contracts that you can trade with up to 200x leverage. But for those who are not into margin trading, you can simply buy and hold crypto here.
My favorite part of this platform is their cloud mining where users can mine directly from their phones. It is a safe way of mining and won't gonna drain your phone's battery. Their cloud mining is fast and completely free once you have registered for an account. For details about how to do cloud mining on Stormgain, just visit the article above.
Through their cloud mining, I had able to accumulate free USDT which I currently use for margin trading. I took this opportunity to save more Bitcoin Cash using the profits I have earned from margin trading. Their trading system is so simple that even a newbie can easily navigate it. And for those who want to practice margin trading, Stormgain is also a good place for you. You can simply turn on the demo account and start practicing margin trading using the funds allocated for free in your account.
So how do I save Bitcoin Cash through Stormgain's trading?
Once you have at least $10 from cloud mining, you can withdraw it to your internal wallet and after 72hrs, it will appear on your wallet. Then you can start margin trading using the $10 you have withdrawn.
Margin trading is quite hard and predicting the trend is tougher. But once you do it repeatedly and study the chart seriously, you will be able to execute it successfully.
I currently have three accounts on Stormgain, and two of them are used for margin trading. Not every day are winning days, because there are also times that the trend goes against my predictions. Even their signals aren't helpful sometimes, because they will just lead you to the opposite trend.
Margin Trading
I started trading last December using my first account, and as you can see from the photo below, not all days are winning days. I even lost all the profit I've earned last January. That was the time when the market was uptrend, but instead of gaining profits from the long trade, I just lost my trades due to wrong entry and exit.
You can check the January 11-12 trades. I stopped trading since my balance wasn't enough, so I waited until the next batch of mining withdrawal. Then just last Friday, I started trading again using this account.
The second account was used last February 26, then followed by March 1. Due to the fear of losing my money, I studied the charts carefully before entering a position. And so far, my trades this month are all green. Profits are small because I didn't set high TPs, but it's better than losing my trades. Being greedy isn't helpful here, because it will only pull you down, putting your trade at stake.
Converting Profits To Bitcoin Cash
I converted the profits I have earned from margin trading to Bitcoin Cash. This will gonna be my way to save more BCH. To convert your profits to BCH, you can simply;
Go to your wallet
Click Tether
Tap the 'Exchange' button and enter the amount you want to convert
Then exchange to Bitcoin Cash
You will also earn a 0.1% commission for using their fast exchange, and that commission will be added to your active bonus balance automatically. So every time I gain profit from margin trading, I always convert it to BCH as I might be tempted to use it in margin trading. And last Friday was a good opportunity to convert my profit to BCH because the price was down to $486.
Take note: Only the profits from margin trading can be converted to other cryptos. The mined funds are withdrawable once you have reached the minimum withdrawal which is $55.
I currently have these converted BCH in my two accounts.
My third account is inactive in margin trading but active in mining because I need another phone number to start trading using this account. But it already has $12.40 which is enough to start margin trading.
New Feature
The platform has a new feature where you can invite your friend and get 15% of mined funds they withdraw. At the same time, your friend will get $3 after registration. You can check the first photo above about this new feature. If you want to cloud mine on Stormgain, you can register using this link and earn $3 right away!
Register here
Remember that you can make multiple accounts, BUT you will need different email addresses and phone numbers. I have tried to withdraw the mining rewards from my third account, unfortunately, it didn't arrive after 72 hours since I did not put a phone number there. This means that you really need to register with different phone numbers in every account in order to withdraw the mining rewards.
To know the complete information about Stormgain, you can visit my article here: Stormgain's Free Cloud Mining.
There are many ways to save more Bitcoin Cash and other cryptocurrencies, and Stormgain is just one of the platforms that will help you achieve it. So don't waste this opportunity and register now!
Thanks for reading, Have a blessed Sunday ??
This article was originally posted on READ.CASH last March 7, 2021.
