{"id":28285,"date":"2014-08-19T08:08:52","date_gmt":"2014-08-19T08:08:52","guid":{"rendered":"http:\/\/ci027cfe65701326c3"},"modified":"2014-08-19T08:08:52","modified_gmt":"2014-08-19T08:08:52","slug":"leverage-bitcoin-interview-bitcoin-solutions-adam-obrien-1408435732","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/leverage-bitcoin-interview-bitcoin-solutions-adam-obrien-1408435732","title":{"rendered":"Leverage Your Bitcoin: An Interview with Bitcoin Solutions\u2019 Adam O\u2019Brien"},"content":{"rendered":"
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Have you ever thought about leveraging your stored bitcoin? Perhaps you don\u2019t spend your bitcoin, and you, like others, save it with the hopes of its increase. (It is deflationary, after all.)I originally met Adam O\u2019Brien, Founder and President of Bitcoin Solutions<\/a>, at the Toronto Expo in April, 2014. He’s a nice, down to earth guy with a lot of thoughts on bitcoin. Like me, he\u2019s a bitcoin enthusiast and his company offers some really cool ways to engage with bitcoin.I spoke to him today about his latest ventures and projects in the space.O’Brien originally got involved in bitcoin when he wanted to buy it, but found – like most of us – that it isn\u2019t exactly easy or accessible. \u201cI wasn\u2019t able to do it instantly,\u201d O’Brien says. \u201cI found this to be problematic, and wanted to give others the accessibility that I found the industry was lacking.\u201dO\u2019Brien\u2019s company owns and operates both Alberta and Saskatchewan\u2019s first bitcoin ATMs (BTMs), making engaging with bitcoin easy, accessible and convenient. However, what is the point of making bitcoin accessible if people don\u2019t understand it?Like many of us, O\u2019Brien noticed this lack of understanding: \u201cPeople were saying things like \u2018Isn\u2019t the CEO of that company dead?\u2019\u201d As a result, O\u2019Brien resolved to not only make Bitcoin accessible, but also make it understood.With these two bitcoin basics down pat, he is now launching into a new venture – that is, giving people the option to put their bitcoin to work using leveraged trading. First, understand it. Then, access it. Then, make it grow!Bitcoin Solutions\u2019 newest product is a trading platform that allows users to leverage both their bitcoin holdings and our time. \u201cRather than trying to day trade, [Bitcoin Solutions Trading] does it for you,\u201d O\u2019Brien explains.Users are able to open a position, predicting a price increase or fall. \u201cWe do the heavy lifting,\u201d O\u2019Brien continues. \u201cNot only do we take the stress out of day trading, we allow you to leverage your bitcoin up to 8x.\u201dThis is an attractive product for people such as myself, who simply do not have the time to engage in day trading, but who want to see their bitcoin investments do more than just\u2026 well\u2026 sit there.If you\u2019re like me, you have some bitcoin in a hot wallet for daily use, and lots of it stored away for future use. But, like cash, it\u2019s nice to have some of that bitcoin working in some way to increase its value.Bitcoin Solutions Trading is a super easy, user-friendly platform. I signed up this morning and was quickly ushered into the trading platform. O\u2019Brien explains, \u201conce you sign up, you can deposit bitoin into your account address; this is your \u2018investable balance.\u2019\u201dFrom here, you can swap the bitcoin you\u2019ve sent into Bitcoin Solutions Trading from USD to Bitcoin and vice versa. \u201cThis is a feature,\u201d O\u2019Brien clarifies, \u201cbut unnecessary for opening a position.\u201dNext, users can choose whether they think bitcoin\u2019s value will go up or down.Finally, users pick the amount they wish to invest (with minimums starting at $10) and how much they would like to borrow, or leverage.Now, users must still decide whether bitcoin will increase or decrease in value: \u201cthe price is too volatile to trust anyone but yourself to make that call,\u201d says O\u2019Brien. But the potential for profits is maximized by leveraging your investments while the platform guards your risk with our Stop\/Loss feature. This feature ensures no margin calls will be needed and your investment will work as hard as it can, costing you as little as it can.\u201dO\u2019Brien explains,\u201cIn your \u2018open positions\u2019 page, you can see where your positions stand – either at a profit or a loss. Included in this is your fee; when you see your profits, you are seeing your net profit. Likewise, if it is showing a loss of $21 and your daily charge is $3, then your loss is actually $18 + $3 fee, giving you a total loss of $21.\u201dO\u2019Brien\u2019s platform is designed to show true profit. It also charges users a daily fee to leverage – 0.3 of the amount borrowed from Bitcoin Solutions.Bitcoin Solutions is planning on implementing proof-of-solvency, too, making this investment option even more attractive. \u201cIt is in the works,\u201d O\u2019Brien explains. \u201cCurrently, we engage in offline servers for security. We are always exploring new ways to ensure our clients\u2019 bitcoin is as safe as possible.\u201dAll of Bitcoin Solutions Trading fees can be found here<\/a>. Bitcoin Solutions is a responsive company, with representatives available to answer questions or address concerns.\u201cWe [Bitcoin Solutions] are committed to our clients\u2019 satisfaction, and we\u2019re responsive and here to answer any questions you may have,\u201d O\u2019Brien adds.You can engage with Bitcoin Solutions over Facebook<\/a>, Google+<\/a> or Twitter<\/a>, or send his company an e-mail to info@btcsolutions.ca<\/a>. Check out his company\u2019s YouTube channel here<\/a>.Please consult your financial planner, investment advisor or bitcoin specialist with more questions if you are not familiar with trading or leveraged trading before engaging in this platform. To sign up for Bitcoin Solutions Trading, visit here<\/a> or visit http:\/\/btcsolutions.ca<\/a> for more information!For media inquiries, please contact Adam O\u2019Brien at adam@btcsolutions.ca<\/a>Disclaimer: I have no affiliation with Bitcoin Solutions or Bitcoin Solutions Trading and am not an affiliate for this company or trading platform. I like to interview cool people doing new things in the space \ud83d\ude42<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Have you ever thought about leveraging your stored bitcoin? Perhaps you don\u2019t spend your bitcoin, and you, like others, save it with the hopes of its increase. (It is deflationary, after all.)I originally met Adam O\u2019Brien, Founder and President of Bitcoin Solutions, at the Toronto Expo in April, 2014. He’s a nice, down to earth […]<\/p>\n","protected":false},"author":3650,"featured_media":28284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[2362,3546,468],"class_list":{"0":"post-28285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-people","9":"tag-solutions","10":"tag-trading"},"author_data":{"id":3650,"name":"Victoria Van Eyk","nicename":"victoria-van-eyk","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/victoria-van-eyk-promo-image-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/leverage-your-bitcoin-an-interview-with-bitcoin-solutions-adam-obrien.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/28285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3650"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=28285"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/28285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/28284"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=28285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=28285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=28285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}