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# How to Use TurboXBT to Benefit From the Bitcoin Price Slump?

Donald Rivera January 27, 2022 3 mins read

TurboXBT is a next-level synthetic trading platform that allows you to trade on your terms, without restrictions and hidden fees. What’s more, it guarantees up to 90% profits from 30-seconds long short-term trades, thanks to its proprietary algorithm.

The platform was launched recently but aims to become the leader and currently offers outstanding conditions that allow new and experienced traders to make consistent profits regardless of market movements. You might wonder if this also applies to the recent Bitcoin price drop? The answer is yes!

## How Smart Traders Can Benefit From the Bitcoin Slump Using TurboXBT?

Bitcoin has been in a downward spiral in recent times. Since last October, when the cryptocurrency reached an all-time high of $69,020, the value of BTC has dropped by over 50%. This means that many crypto investors are losing money right now.

If you have already started investing in cryptocurrencies, you know how volatile they can be. Irregular price fluctuations push some people to sell their coins once they reach certain levels to avoid a loss. But a smart trader knows that the best way to benefit from these fluctuations is through short-term trading.

In our case, we decided to take advantage of the current Bitcoin downtrend to make extra profits using TurboXBT. We chose to trade on the “TurboXBT” platform because it offers us these benefits:-

- A great user interface
- No commissions or fees
- Up to 90% guaranteed profits
- Simple price prediction model, and more.

So how do we actually make money from the Bitcoin price decline? Let’s find out together.

Step 1 – Create a Free Account

You’ll need a TurboXBT account to be able to trade the market. Signing up on the platform is easy as you only need a valid email address and password. Another benefit of signing up is the $1000 demo account you can use to master trading on the platform.

Step 2 – Choose Your Trade Direction

Once you’ve mastered the platform, you can deposit real cash to play for huge profits. This could be in BTC, ETH, USDC, or USDT. All you have to do is choose the Bitcoin asset pair you would like to trade, pick a suitable time frame, and click the trade direction. Since the Bitcoin price has been slumping recently, you can go for a downward trend, but you must observe the market before making this decision.

Step 3 – Withdraw Your Profits

If your predictions are correct, you should have up to 90% of your initial investment in profits. You can initiate withdrawal using the various payment options on the platform. There are no hidden commissions, so you can rest assured that you’ll get your entire winnings.

## Consistently Profitable Trades in the Face of a Bitcoin Price Slump

The Bitcoin price has been dropping lately, but with the help of the TurboXBT platform, you can still make good returns. TurboXBT ensures that its users always remain profitable traders even during bearish markets.

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##### Donald Rivera

Donald Rivera has done a bachelor's in mass media and communication. He has recently joined BitcoinPrice.Buzz as a senior news writer who is writing news for Bitcoin with its price analysis and charts. Also, Donald is a music and dance lover.

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