There comes a time in everyone’s life when the nine to five just stops cutting it. Working your days and weeks away for a paycheck that you barely even need can be soul-crushing and leaves you wanting more. One particular route people in this situation tend to go down is investing, which is what QProfit System is here to help you with.
What a lot of beginner investors get wrong is jumping into the deep end way too quickly. Not only does this lose them money, but it’s also a great way to demotivate yourself.
Diving straight into Wall Street might be a good way to ensure you never want to trade again. Instead, QProfit System offers a beginner-friendly alternative designed to try and ease you into the trading world.
You can trade on a variety of different assets through the QProfit System. The team wants you to get a feel for what you enjoy so that you can hopefully progress your trading career down that path.
The platform offers the ability to trade on things like cryptocurrencies, commodities, NFTs, securities, and more. No matter what your interests and goals are for trading, QProfit System is there to help you get started.
QProfit System has been built from the ground up to offer users a cleaner and more straightforward way of conducting trades and studying the market.
Every little aspect of the platform, from the user interface to the minimum deposit, has been carefully set to be both as accessible as possible and to give you the features needed to hopefully succeed.
To help with that, QProfit System is generally free. There are no signup, or withdrawal fees, or any other sort of hidden charges.
You get to trade with 100% of the money you deposit. However, in the spirit of transparency, it needs to be said that your account manager may charge a nominal fee for their services.
When developing the QProfit System, the team collected the most beginner-friendly trading options to include on the platform.
They wanted to give as much variety as possible while still keeping things intuitive. That being said, even within the platform, there is a hierarchy of trading skills connected to the types of trading on offer.
At the top of the list is commodity trading.
Commodities are tangible items that you can speculate on their prices by placing buy or sell positions through the platform. It’s a basic form of trading, and for that reason, it might be a good place for complete beginners to start.
When you trade on a commodity, trading on prices of real items that have retail value. Things like tobacco, alcohol and salt are types of commodities.
The most common form of commodity trading, though, is gold and silver.
Both gold and silver are considered by some as safe long-term investments. The value of the two tends to only increase with time, which might make it a great first investment for traders looking to get their feet wet.
The next type of trading on the list is cryptocurrency. For those not in the know, crypto is the new kid on the block in the trading world. You might have heard of Bitcoin; that’s a type of cryptocurrency.
Crypto first got some attention back in 2017. Bitcoin exploded in value overnight, meaning everyone and their mother were reading about it. It was all over the papers and the news, and it stayed there for a good long while until Bitcoin mania died down.
Even though it’s no longer making headlines, cryptocurrency is still a massive industry. According to some experts, it has limitless potential for the future.
Bitcoin and crypto as a whole have redefined the way that people think about money and finance. It’s given people an invaluable level of freedom by providing a legitimate alternative to mainstream banks.
You do need to know the ins and outs of this to trade on crypto, but if it sounds like something that you’re interested in, QProfit System might be what you need to get started.
Aside from commodities and cryptocurrencies, potential traders have the ability to trade on a few other things. Namely, this platform lets you trade on assets such as NFTs or securities. However, these types of assets can be a little bit more sophisticated than crypto and commodity trading. Therefore, if you’ve never even thought about trading before, you might want to put these on the back burner until you have more experience.
With that being said, it begs the question of whether you should trade on commodities or cryptocurrencies. Both have advantages and disadvantages unique to them, and each one deals with wildly different items and technology.
Despite that, though, Bitcoin and commodities actually act incredibly similar to one another. Even though Bitcoin is a currency, it behaves more like gold than it does like the dollar.
There are a few reasons for this, namely in how Bitcoin is produced and viewed by the wider trading network. When new dollars are printed, there’s a committee that decides when and how much to print. There is also a large increase in the supply of dollars every single time the printer runs.
As a result, the value of one single dollar is constantly decreasing. A dollar now is worth much less than a dollar 20 years ago.
Bitcoin doesn’t have that problem. Rather than being printed by humans, new Bitcoin is created on a decentralized network completely free from human interference. It’s not even created and distributed. Instead, new Bitcoin units are created to serve as payments to the people that keep the Bitcoin network up and running.
This means that it’s created on a much slower scale than other regular currencies and, as such, behaves more like a mineable precious metal. Practically, there isn’t much of a difference between the two. Both behave the same, and both might make for good long-term investments.
Ultimately, the decision between the two should come down to your personal preference. If you feel more comfortable trading in something that is tangible, then trade on commodities. However, if you like the philosophical and technological aspects of crypto, then trade on that instead.
Over the years, the team has received all kinds of questions from all kinds of people. Beginner traders, understandably, always have a plethora of queries that they want to be answered, and the team is happy to oblige.
Below are answers to some of the most common questions.
Certainly not, as there are other cryptocurrencies. While Bitcoin is the poster child of the cryptocurrency world, it is not the only one offered on the platform. However, it is widely considered the most popular and, therefore, might be a good option for beginners. On the other hand, it’s important to remember that Bitcoin can be highly volatile, so make sure to trade responsibly and don’t invest money that you can’t afford to lose.
Of course not. As a beginner trader, your priority should be testing out the waters above anything else. Don’t go trying to become a millionaire overnight. Instead, focus on finding out what kind of trading you like and try improving your skills to hopefully become a savvier trader.
QProfit System is generally free of charge. There are no signup, or withdrawal fees, and there are no hidden charges whatsoever. The only thing to consider is that your account manager might choose to charge a nominal fee for their services.