| bitcointraders's Forum Info |
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| Additional Info About bitcointraders |
| Sex: |
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| Bio: |
Leverage your community and influence to earn up to 60% commission, BMEX Token rewards, and more. Derivatives are a type of trading instrument that allows traders to gain exposure to the price movement of Bitcoin without actually owning it. Futures and options are two common types of derivatives, and perpetual futures are a special type of futures contract unique to crypto markets. Derivatives typically involve margin i.e., borrowing of funds, and therefore can potentially magnify gains, as well as losses. Bitcoin swing trading is all about taking advantage of short-term price patterns, based on the assumption that prices never go in one direction in a trend. Instead, swing traders look to make money from both the up and down bitcoin movements that occur in a narrow timeframe. I first wrote about cryptocurrencies in 2013 when bitcoin was still a novelty. Yet, as I'm writing this, the combined market cap of cryptocurrencies is over $2 trillion, with bitcoin accounting for nearly half. According to data from Coinmarketcap, the price of bitcoin can fluctuate widely across various trading venues, although in recent years the cryptocurrency markets have become more efficient — despite the high volatility. |
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