This is mainly for sports traders. People that are using high liquidity will make more than that. A lot of people who are using $100 to do it might even be targeting 25% . This is for expert.
if you are using high leverage to trade in the cryptocurrency market on futures, you stand a chance of making a lot of losses. I remember some time ago, about last two months ay when I was liquidated because I was using high leverage.
To earn real good returns in forex and cryptocurency exchange,you will have to put in some good amount of money into trading,because the higher the volume the bigger the returns,except one wants to be patient on the returns.
Oh sorry. Everyone have their own different strategy. What leverage do you always use when you are trading cryptocurrency , and from what leverage do you think is very high and should not be used by trader ?
I use 5X-25X most of the time. most of the time it depends on the condition of the market. If I want trade currently I will use 5X because the market is not really that much good looking.
Omi, there's nothing that will make me to use x 25, well it all depends on people's trading strategy. A lot of people that I know that is trading cryptocurrency are using x 20 most of the time. But this is risky.
The higher the leverage, the higher the risk. It is very important that use low leverage as a newbie so that you will not lose all your money. A lot of people are greedy and they use high leverage and end up losing every of their money.
When I was trading personally , then I was generating my own personal signal I was using x5 leverage. Most of the time I will make profit and at the same time I will lose but the loss was much
learning is one of the best ways in which you can use to become successful cryptocurrency trading. There are a lot of videos you can watch and if possible you buy some courses. The people giving you signals actually learnt it.
I know , someone that is interested to take me on full training is requesting much. He said $200. There is someone that was ready to take me on the training with $100 but I don't trust the person.
I will not advise you to pay anyone you do not trust to learn anything because that mindset alone will not allow you to learn even if they are expert. Make sure you know the people so that they will not scam you.
That is what I am trying to say , it is rather advised that I save up money and pay for someone I know than for me to deal with people I do not trust. If I can learn how to trade cryptocurrency now I would definitely enjoy when the bullish season comes.
Probably, I believe this is the right time for you to learn and invest in some cryptocurrencies because in the bull market you will probably be making a lot of money. I'm also trying to learn some certain things I do not before.
So how are you learning it ? You should rather consider learning it from people you believe will really help you. That's an expert. It will be much more easier for you this way.