Hello Steemitains. As previously mentioned in my article on crypto investment which is strongly focus on trading.
- Always keep your bitcoin available duing the red dayis one most important factor to be successful in trading ( Altcion Price Decreases)
You normally can book higher profit margin higher than normally Green Day. - Margin Trading: Traders always make money in any direction if the price go up or down.
Role 1 in margin trading: If you believe the price will go up then you open a ( Long position= Buy Position)
Role 2: If you believe the price will go down due to the fact that bitcoin price go up and the coin you supposed to buy will go down the you open ( Short Position = Sell Position) - Never be too greedy: You are always make money in Margin trading if you are not too greedy which mean you can book profit from your trade in a short period of time and close your position. Price of the coins are very volatile so then you have no control if you open a position in margin too long then you will lose the money every from the lending which you have to pay and sometimes you will be stress and close your trade in a lose position.
4 Be patient: In Trading requires a lot patient so always make sure you are ready to trade before interning the market. - Do your research! Never completely believe in someone in trading because some of them are price speculator who try provide you signals to buy coins which they have already bought then the more people buying the higher price will be then they can sell their coins. Remember the signal most of the time is too late to buy in a good price.
Do your research and book your best desire profit now!
What I could recommend is to buy coins with high volumes!!!
More crypto investment and trading tips and looking forward to hear from industry experiences !!!
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All the best to all Steemit team worldwide!