Understanding mechanics trading in the future in cryptocurrency
The world of cryptographic currencies has exploded in recent years, and prices have fallen rapidly and quickly. One of the most popular forms of trade in these digital resources is the Futures tradition, which allows people to focus on the prices of their movements before this happens. But what exactly are cryptocurrency currency and how do they work? In this article, we break the mechanics of trade in the future in the currency of cryptocurrencies, including key concepts, strategies and risk.
What is the cryptocurrency currency?
Crypto currency is a digital or virtual currency that uses cryptography for security and decentralized, which means that it is not controlled by any government or institution. The most famous cryptographic currencies are Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). These digital currencies operate on the network with peers, enabling users to send and receive funds without the need for intermediaries.
How does trade in future cryptocurrency currency?
Trade of the future consists in guessing the price of cryptocurrency currency before actual trade. There are two main types of the future: video and forward. Point contracts include the purchase or sale of cryptocurrencies at their current market prices, while the timely contracts include the establishment of the future purchase of purchase or sale of currencies at a fixed price.
Key dates in the cryptocurrency store
- Markets : There are two main market hours in cryptocurrency trading: the American market (10:00 et) and the Tokyo market (20:00 et). This is due to the fact that these are large securities exchanges, such as the New York Stock Exchange (NYSE), NAMAQ and Binance based in the United States.
- They help in accordance with customers and sellers, providing commercial platforms.
- Types of orders : There are two main types of orders: market orders (buy/sale at the current market price) and limited orders (set a certain price). Market orders are carried out immediately, while border orders cannot be completed until the market reaches the price.
- market requirements
: market requirements different depending on the exchange and status of the trader’s account. Some exchanges require traders to maintain a 2: 1 margin indicator or more.
Cryptumelute trade strategies
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- Trade position : Trade in the position consists in buying and maintaining Cripto currency for a long time, using its long -term trends.
- SCLEGING
: Scalation consists in creating many small crafts in a short period, trying to benefit from low prices.
Risk in the cryptocurrency store
- Market variability : cryptic prices may be fast and unpredictable to hesitate, making it in difficult traders predicting market movements.
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Tips for beginners
- Education : Learn about cryptocurrency markets, trade strategies and risk before entering the market.
- Configure real expectations : Realize that cryptocurrencies are subject to significant price changes and do not guarantee a refund.
- Start with a small account : Start with a small trading account without the risk of too much capital.