How to Trade Bitcoin in Derivative Markets?

Even though the price of Bitcoin has seen a huge drop of 70% since the beginning of the year, experts state that it is inevitable that the prices are on the up and that it goes up at any moment.

No matter if the price is high or low, it is possible to profit at any price level, be it low or high. So how?

Bitcoin Fact

BTC is the first currency of the internet and its voice has never been lacking since January 9, 2009, when its white paper was published. While the market of Bitcoin was only 1 billion dollars in 2010, this figure increased to 15.9 billion dollars in just 3 years. Even though it has experienced historical collapses in its price, which is said to have disappeared.

Knowing the Trade

The main factor that determines whether you will make a profit or loss in investing is knowing where to enter. . If you are going to buy and sell Bitcoin, there are two ways to do this, either to do these transactions on an exchange where you can buy and sell BTC directly, or to make entries for decline or exit without owning BTC in contract-based electronic trading platforms as a BTC derivative. In other words, using classic forex-style platforms and even playing for bigger profits by using leverage.

The Volatile Price of Bitcoin

You can earn both ways from Bitcoin derivatives. In other words, you can sell high as if you have BTC, and when it drops, you earn as much as the difference between the profit multiplier. Of course, if the situation is against you, the loss with the leverage effect multiplier is written to your house and it is deducted from your internal capital. There is actually no bitcoin actually being traded in this trade. Just like in Forex markets.

These markets are like two-edged knives. Trading here is very risky for the small investor and very often the small investor loses here. Because in these markets, you should follow the news and trends professionally and do market and technical analysis professionally. Even if you take a wrong position, your capital should be in an amount that will not be easily reset at a time, so you can continue your trade. Source: Cryptodaily