2025-01-29 20:25
IndustryHow Crypto Futures Trading Work
#firstdealofthenewyearFateema
* Long (Buy) Position: If you think the price of a cryptocurrency will go up, you'd buy a futures contract. If the price does rise, you profit.
* Short (Sell) Position: If you believe the price will fall, you'd sell a futures contract. If the price does decline, you profit.
* Leverage: Crypto futures trading often involves leverage, meaning you can control a larger position with a smaller amount of your own money. This magnifies both potential profits and potential losses.
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How Crypto Futures Trading Work
Nigeria | 2025-01-29 20:25#firstdealofthenewyearFateema
* Long (Buy) Position: If you think the price of a cryptocurrency will go up, you'd buy a futures contract. If the price does rise, you profit.
* Short (Sell) Position: If you believe the price will fall, you'd sell a futures contract. If the price does decline, you profit.
* Leverage: Crypto futures trading often involves leverage, meaning you can control a larger position with a smaller amount of your own money. This magnifies both potential profits and potential losses.
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