Do you have the right stuff to make it using Bitcoins to make bit returns on investment?
Do you have what it takes to make it as a professional trader? Anyone who thinks they have the right stuff is invited to participate in First Global Credit’s Ticket to Prosperity Trading Competition. The competition which kicks off December 1st and runs for 6 weeks will be formally announced at the Bitcoin Center of New York, 40 Broad Street on the 20th of November at 7PM.
The competition will use a demonstration version of First Global Credit’s Active Trader Service, which has been created for people who want to use their Bitcoins as collateral to trade stock markets and commodities. Everyone participating in the competition gets 100 synthetic Bitcoins and access to over 50 fast moving markets. The demonstration system mirrors the Live Active Trader using live prices and fee structures to emulate a real trading environment. The goal of the competition is to find the most talented trader capable of making the most of their 100 synthetic Bitcoin collateral.
“This competition mirrors the real world where you have a lot of smart, talented people with access to the same charts and market information all trying to make the most of their Bitcoin investment,” says First Global Credit Business Development Director Marcie Terman. “But there are certain people who have the aptitude to thrive in this high pressure environment and really perform. Our goal is to find the best of the best.”
And that’s the real significance of the competition. “Not only is First Global Credit introducing the public to a powerful money making resource with the Active Trader Service, we are looking for untapped talent in the Bitcoin community,” continues Terman. “Because the Monday after we announce the winner of the competition we will be providing that gifted individual with access to a fully funded trading account. The proceeds to be shared between First Global Credit and the trader, the risk to be shouldered by First Global Credit.
The tradition of fostering trading talent goes back to the days of open outcry pit trading when trading banks would back skilled beginners at the start of their careers and share the profits,” says Terman. “This strategy was successful 30 years ago and First Global Credit will replicate that successful strategy today.”
The competition will be held on First Global Credit’s Active Trader Service. The Active Trader launch follows the release of the now popular Bitcoin Investment Service first made available at Inside Bitcoin Las Vegas 2014. “That service was designed for people that use a buy and hold strategy. Active Trader is more appropriate for people that prefer a more dynamic trading style” says Terman.
Full details of the competition rules will be announced on the 20th of November, with actual trading commencing on the 1st of December. Anyone interested in signing up for the competition can create a demonstration account immediately at www.firstglobalcredit.com/register. When logging into the account on the first of December, they will simply choose to log into the competition platform instead of the demonstration account. It is free to enter the competition.
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