Maximum Guide to Investing in Binary Options and Making Money
Do you want to learn everything you need to invest in binary options from your home , but all the tutorials on the Internet have left you more confused and did not serve you anything?
Same thing happened to me. Long ago I decided to try to invest in binary options because it seemed like a good way to increase my income without moving from my chair, but I had no idea how the system worked.
So I went to Google, and started looking for tutorials to understand from scratch what to do or what were the best strategies to start generating income with this method.
It was a failure and a waste of time. All I found were articles that tried to sell useless courses to learn to invest, or guides where only recommended brokers but did not explain anything.
I tried on my own to do a couple of trades and all I got was to lose my money . So I gave up and gave it up.
Some time later I met a person who dedicated to this and who helped me to understand everything necessary to be successful when investing, and thanks to him I started to improve with binary options .
Why do I tell you all this? Because you probably are now in the same position as I was, but you may not have been lucky enough to find someone to explain how this system works .
At least once a week there is someone asking me for help to start investing in binary options, which is why I have decided to do this guide to help you get it.
Here I will share everything I know about this type of investment, and also tell you what is the best broker with which I do my operations.
What are binary options?
If there is a financial product that is now devastating that is the binary options . You may think this is the same as investing in the stock market, but it is actually a simpler method of investing.
When investing in the stock market you have to make more complex predictions : you must bet if the price will go up or down, how long it will do, etc.
However, in binary options you only have to choose one option : if the price is going to go up or it will go down. There’s no more. It’s that simple.
Another great advantage of binary options is that you can pick up your winnings in no time. When you invest in the stock market, there are trades that last for days or even weeks.
And until that operation does not end you can not know if you have won and withdraw your investment.
In binary options, however, there are operations that last only 60 seconds or a few hours. So in one day you can “bet”, see if you have won, and withdraw your funds without waiting for days.
Step-by-step guide to investing in binary options
If you are new to the world of binary options, and you do not know yet much about this, I recommend that you follow step by step this tutorial I created for you and that will help you learn little by little how to invest in this system.
Also here below I share the broker where I make my investments . It’s serious and reliable, and I’ve never had any problems with them when it comes to withdrawing my deposits or my profits.
1. Decide on what you are going to invest
The first decision that you must take when investing in binary options is the one in which asset you are going to do it.
Depending on the broker you choose, you will be given the option of investing in various assets such as foreign currencies, stock indexes or stocks, or commodities.
Once you have decided the type of asset you are interested in, you will have to choose whether to raise or go down in the bag.
For example: if you think the value of oil will fall, then you must select the “Put” option. But if you think the value of oil will rise, you will have to choose the “Call” option.
These two terms are those used in the stock market to indicate whether an asset will rise or fall. ” Put ” is for the downside of assets (sell), and ” Call ” for the raise (buy).
2. Choose a broker
To invest in binary options you will need to do it through a broker . And nowadays this can be achieved from the comfort of your home through different websites that offer these services.
I have tried many brokers for a while, and IQ Option is the one that has given me the highest results.
My investments I make through this broker that I recommend next because it is the one that the best results and confidence has given me until now.
IQ Option is the first broker I tested, and the one you should use if you make less than $ 4,000 a month .
When I started to invest in binary options I was afraid they would ask me for a deposit that was too big and it would be a scam or they would not give me back my money .
But what differentiates IQ Option from other brokers is that your minimum deposit is very low: you only have to add $ 10 to your account to start investing.
The first time I made an operation here I invested only those $ 10 , and then I made larger deposits little by little.
Two weeks after I registered, I earned more than $ 547 .
But there was one thing I did not like : when I wanted to withdraw my money, I was asked for a photograph of my identity card to make sure I was a real person.
I do not like to send such personal documentation through the Internet, but I had to do it if I wanted to get out of my account the $ 547 I had earned.
So I took a picture with my cell phone to my ID card, and two hours later I had the money from my earnings in my bank account.
My experience with IQ Option has been very good (in fact I still use it today) and it is the broker that I recommend if you want to start investing in binary options, but you do not have the experience or the money to do so.
IQ Option has the licenses of CySec and Regafi and is authorized to operate on the stock exchange by the FCA (Financial Conduct Authority) and the CNMV (National Securities Market Commission), among others.
So choose IQ Option because it is the broker that will best suit your needs , register with them, and make your first deposit so that you can start trading as soon as possible.
3. Choose a deadline for your operations
When you have registered with IQ Option, and you have chosen the asset on which you are going to invest, you must set a deadline for your operation.
Some operations can choose to last only 60 seconds , and in others you can predict the investment within a month.
It is important that you choose what deadline will be for your operation because there are many events that can affect the value of the financial assets to which you bet.
Once you have decided the time, you only have to indicate if you think that value will go down ( “Put” ) or if it will rise ( “Call” ).
4. You got it!
After all these steps you will only have to wait at the end of your operation and check the results. As you see, once you know the basics of binary options it is very easy to invest in them.
You just have to know how to choose the broker, the asset, and the prediction . Be sure to start investing only small amounts (between 1% and 3% of your total deposit).
This will make sure you do not lose too much money especially if you still do not understand too well how these systems work.
Over time you will see how you gradually refine more in your predictions and become a better investor in binary options.
This is all you need to know to start investing in binary options from your home, and start generating income that will eventually increase more with your operations.
I advise you to be cautious at first and do not let yourself be tempted to invest more to earn more, because in most cases this usually ends in failure and big losses of money.
Now it’s your turn: leave me a comment down here telling me your experience by investing in binary options.