Some principles to secure profit for margin trading:
1. For Bitcoin, margin trading is only for short-term trading due to its high volatility. If you do not secure your profit, your position could be liquidated at a certain point of time.
2. In short-term trading, no trendy no trading. If the direction of the market is not clear, do not make an order.
3. In a trendy market, do not short if it's bullish, do not long if it's bearish.
4. 2+3 > Make an order when market is trendy and close the order when the market is choppy.
So, the important question is how to identify the direction of the market?
The answer will be presented on below posts.
Topic: Bitcoin Margin Trading on Bitmex - Practical winning guides - Earn 100-1000x (Read 301 times)
November 12, 2017, 10:11:41 AM
November 11, 2017, 07:49:37 AM
There tons of ways to earn great profit from cryptocurrencies trading.
Joinning ICOs and if lucky, you will earn some profit with well developed projects. However, more than 90% of ICOs you join become inactive shortly after their cryptocurrencies appear on exchanges. A recent report shows that there're about 26000 blockchain projects born in 2017 and there're only 8% active until now.
Trading altcoins with Bitcoin on exchanges is a way to earn profit. However, it's also belong to the fortune rather than technical analysis and calculation. In the big world of cryptocurrencies, there're not much coins that have enough liquidity to be considered a random system where technical analysisscan be applied. The only one, the top of this world, Bitcoin has great potential to become a random system which technical analysis can be used as a helpful tool for traders. Once you can earn profit with traditional Bitcoin trading, you could multiply that profit with margin trading.
It's fortunate that, we have a great exchange with highest Bitcoin liquidity world-wide where you can leverage trading up to 100x - That's Bitmex - This market bitcoin 24 hours trading volume is not included in coinmarketcap, however it's always biggest volume which is about 2 Billion USD at the time of this post.
Openning this thread, I will give you basic guides and advanced guides on securely trading and getting great profit on Bitmex
Always knowing that following any guides with your own risk and only trading what you're affordable to lose all.
There're many things that possibly makes you confused when starting on Bitmex
PM me and I will personally answer all of your questions.
Joinning ICOs and if lucky, you will earn some profit with well developed projects. However, more than 90% of ICOs you join become inactive shortly after their cryptocurrencies appear on exchanges. A recent report shows that there're about 26000 blockchain projects born in 2017 and there're only 8% active until now.
Trading altcoins with Bitcoin on exchanges is a way to earn profit. However, it's also belong to the fortune rather than technical analysis and calculation. In the big world of cryptocurrencies, there're not much coins that have enough liquidity to be considered a random system where technical analysisscan be applied. The only one, the top of this world, Bitcoin has great potential to become a random system which technical analysis can be used as a helpful tool for traders. Once you can earn profit with traditional Bitcoin trading, you could multiply that profit with margin trading.
It's fortunate that, we have a great exchange with highest Bitcoin liquidity world-wide where you can leverage trading up to 100x - That's Bitmex - This market bitcoin 24 hours trading volume is not included in coinmarketcap, however it's always biggest volume which is about 2 Billion USD at the time of this post.
Openning this thread, I will give you basic guides and advanced guides on securely trading and getting great profit on Bitmex
Always knowing that following any guides with your own risk and only trading what you're affordable to lose all.
There're many things that possibly makes you confused when starting on Bitmex
PM me and I will personally answer all of your questions.
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