14/09/2018
As a crypto margin trader there is an opportunity for a trader to lend funds three x worth what he owns and make x3 profits, this is a quick way to make money if you are a good trader and also a quick way to lose money if you are .
Say for instance you have just $2 x 361 = N722.00
Using Margin X3 trading you have 3 x 2 x 361 = N2,166 to trade with
When you make a trade say your profits target is 3%
That means using without margin 1.03 x 2 x 361 = N743.66
With margin your profits 3 x 1.03 x 2 x 361 = 2,230.98
Your profit without margin Is 743.66 - 722.00 = N21.66
Your profit after using x3 margin is 2230.98 - 2166 = N64.98
You make x3 profits , if you have $200 about N72,200, and you make ten good trades with a profit margin of 3% you will have total
You have N6498/ $18, if earn this every from 100 good trades keeping the profit margin within 3%
Which is almost 10% of the total amount invested.
With the high risk volatility of cryptocurrencies it is important to mitigate risk and curtail greed ,create a system that is highly probable and avoid over leveraging and over shooting profit margin.
Bitfinex exchange provides x3 margin high risk (bitfinex.com)
Bitmex exchange provides x100 margin extreme risk (https:///y8vnzp3v)
The next question 100 how can one make 100 go trades and how much work is required, yes its possible especially if you don't want to lose money as margin trading also give the equal lose times how much margin you took, the best way to keep within the limit and not lose any money is to keep it very technical and no emotions involved.
Accurate and responsive indicators that tell when to sell and when to buy
Exponential Moving averages 9 and 5 cross using 4hour time frame
If you don't know what this is or how to use it you might need further tutorials on how.
Basically the exponential moving average lays emphasis on the current price movements and the previous closing values to draw a line moving with prices , the 5 days is faster and the 9 days is slower , if the 5days EMA crosses the 9 days ema from below and cuts through price this means buy , meaning the new prices movements is increasing faster than the previous 9days , and vice versa.
It's important to use the 4 hour/2hour time frames for your trades and this are more accurate for daily movements
Never put all your money into one trade mitigate your losses by putting not more than 10% in a position and reduce your loses to 3% and take profits above 3% depends on your strategy.
Note that this is for highly experienced traders whom know when to get into the market take placing trades and taking profits.
There are other ways to make money from trading bitcoins without leverage , but buying at bottoms and holding for awhile till the price gets high, those whom bought at $600 last year 2017 are still in profits even though the price went as high as $19,000
ask me any questions I will answer here.
