As soon as the new coronavirus pandemic hit the world, the economic crisis began to take hold due to the quarantine implemented to prevent contagion.In Brazil, social distancing restrictions have lasted for months and many people have lost their jobs during this period, others have had their budgets reduced, leading many to look for new ways to earn money.
As a result, binary options apps and investment companies have become popular among people due to their available and easy to invest options.
Several applications offer intuitive user interfaces, such as the investment platform IQ Option, which arrived on users' cell phones, offering a way to invest with fixed income even for those who have no experience or knowledge of the financial market.
What are binary options and how do they work? Since 2013, binary options are internationally regulated investment options that differ from traditional investments such as the stock market. This way, you don't invest in buying shares, you invest in real estate.
The investment is basically based on the increase or decrease in the value of the property during the period of operation. If the investor bets on the appreciation of the property and it shows a strengthening at the end of the period, the profit can be up to 90% of the amount invested.
Negotiations take place on online investment platforms, websites or applications such as IQ Option, which can be carried out through automated systems with interfaces accessible even to those who have no prior knowledge of financial markets.
However, the practice was not legalized in Brazil. To invest, the user must open an international account to carry out operations and receive profits.
Binary Options Investment Forms Investment forms are summarized in five options: Cash or Nothing, Funds or Nothing, One Touch, No Touch and 60 Seconds. The “money or nothing” format consists of betting on whether the value will increase or decrease, regardless of the final value. The “asset or nothing” format is the opposite of the money or nothing option, regardless of the value reached by the asset.
In “one touch” and “no touch” modes, the operating time determines the performance. In the “one touch” format, the asset must reach a certain value during the period, while in the “no touch” format, the asset cannot reach a threshold value.
The 60-second format consists of quick operations that require more experience and knowledge from the investor. This way, the function can be closed quickly when the asset reaches the desired value.
Tips for investing in binary options 1. Use reliable platforms Investment platforms or brokers are how you make your investments. Find a reliable company like the IQ Option app to carry out your investment activities. Check if the business is registered and seek recommendations from users.
2. Think about the strategy In these types of investments, you must always keep in mind that there is no exact formula for the failure or success of an activity. Some strategies work based on time of day or resources.
Before investing, research this type of business and start with smaller amounts until you understand the logic of the operation.
3. Using available information To invest in different options, you need to know how to analyze the available information, such as graphs, in addition to using indicators. Thus, the investor seeks the best way to invest by checking fluctuations in the financial market, avoiding bad investments.
It is also important to always keep an eye on news in the world economy, especially events that may cause changes in the market. This way you have more security when investing online.
4. Only invest what you can In these investments, it is very important that you manage the available resources well. Don't risk most of your budget so you don't lose it all at the end of the day.
Separate the money into different actions to have a better chance of getting it right and suffer less impact if you lose.
5. Control and know when to stop There are days when the market does not have a defined upward or downward trend and the value of assets changes quickly. On these days, experienced investors recommend: if you lose 3 trades in a row, stop investing for a day. This is a rule that many follow and swear it works.