Im not gonna play this for you nor give financial or trading advice but talking to some people on trading chats made me aware not everyone gets it.
Yes even if markets go down you can still make money. You can ie sell assets, rebuy lower same amount or rebuy lower more.
You can short, which means leveraged trading and make money.
You can do the same other way - if things are oversold you can buy cheap more or long them.
Is this easy? No. Does it need a skill ? Yes. Does it need luck ? Sometimes yes.
So if you are a trader these markets are amazing to trade on short timeframes.
Bitmex March future is 4100, Binance is 4900 right now. Charts below from trading right now.
If you have Binance account and wanna trade futures just click "trade futures" put coupon bonus10 and you will get 10% fees off. Futures acc you neeed to enable even if you have BNB account already.
Possible chart by botje who wants to short.
Joe thinks it should long ie.
Joe is a top Bitfinex trader but on loss now.
So watch what's going on here even if you cant trade, very interesting times.
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Thank You so much
going to try 👋
This is true. I am no trader and don't want to be. But I did sell most of the BTC this morning and bought back this evening for a .5 BTC gain. Probably all go into the toilet by morning, but...
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