“A few years ago most people didn’t have a clue about virtual currencies or blockchains, now, they have gain popularity and people are talking about their prices and speculating about what’s going to happen.
Cryptocurrency is a new tradable instrument. They Offer a new way to pay for services and are not affected by goverments or central banks. “
Short Trading vs. Long Trading
Considering that the Financial Market fluctuates, it doesn’t matter if you contemplate the price of a specific Cryptocurrency is going to decrease or increase. When you trade Cryptocurrencies, you can benefit from every variation in price, up or down. You may select to ‘Buy’ (Long) if you anticipate the Cryptocurrency in question will gain value or ‘Sell’ (Short) if you consider the Cryptocurrency will reduce value.
Trading Cryptocurrencies with Leverage
Leverage is one of the most common tools used by traders, it allows you to boost your buying power. In Trading360 we can teach you how to benefit from the use of leverage and manage risks while trading Cryptocurrencies.
With a $500 investment, you can open a position valued at $50,000 using a ratio leverage of 100:1.
Leverage permits you to open a position with a larger volume at a rather minor investment. It increases the risk of an investment so it should be used with high level of understanding.