When it comes to Investing in Cryptocurrencies, be flexible..

in #bitcoin7 years ago

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Whenever you trade any market, you have to be flexible in your approach. When we were Stockbrokers on Wall Street, there was an old saying. "The market does down faster and more often than it goes up."
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With that being the case, we find that maintaining a margin account and short selling assets is very important in creating huge gains for your portfolio.
For those that do not know, when you purchase a stock or cryptocurrency, it is considered taking a long position. It is making a purchase hoping to sell that asset at a higher price. That is how you realize a profit with a long position.

On the other hand, you can also sell short an asset, cryptocrrency or stock. This way you are selling in advance(which you need to have a margin account to do). You are then hoping as an investor, that you will be able to buy that asset back at a lower price. You realize a profit by the asset in question dropping in value. That means that while most investors are cringing and hoping for the price to come back or are panic selling. We can still take a position and profit from a declining price. Of course, you should seek professional advice before exploring this option.
The point we want you to get from this article is when it comes to investing.........be water my friend, be water..........

What does it matter if it goes up or down? We can help you just take a position on that side of the market, whether it is up or down and make profits.!!