Digital currency trading rules buy up buy down

1. digital currency can be considered as a virtual currency based on node network and digital encryption algorithm
the core characteristics of digital currency are mainly reflected in three aspects:
firstly, e to some open algorithms, digital currency has no issuing subject, so no one or organization can control its issuing
because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency
③ as the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
at the same time, digital currency is also a kind of venture capital. Some people can make profits in this market, while others can make losses in this market. To make money from digital currency investment, one is mining, the other is trading through the platform. Digital currency has price fluctuations, which is theoretically investable

warm tips: the above explanations are for reference only, and do not represent any suggestions. Before investing, it is suggested that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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2. What is the reason for the rise and fall of digital currency on different exchanges? There are many factors for this, eh. Carefully read some of the stock trading process can be.

3. bitcoin futures trading started at the end of 2017 can be short. There is no way to short in the traditional bitcoin market. The listing of futures is the killer of such speculative financial extension procts as bitcoin. Because before it was up to make money, now it is down.

4. There is no uniform price. Because China has declared digital currencies such as bitcoin illegal.

5. Buy more to build a position refers to multi position, can also be called bullish, buy a currency, bullish
short selling to build a position refers to selling a position, which can also be called short interest, selling a certain currency and being bearish. Some people call it long or short. Short selling mechanism is to borrow other people's shares to sell in advance when the market is going to fall at a high level, and then buy them back at a low level and return them to the borrower to close the position to make a profit. It is the reverse operation of the current buying stock to make a profit by rising. Because it makes a profit by falling, it will attract a large number of funds to short in the bear market.

6. The biggest difference between leveraged trading and spot trading is multiple
how to use leverage
1. Long (buy up)
here, take BTC / usdt leverage trading as an example (usdt vs. US dollar, 1 usdt = US dollar) to introce how to use bitcoin leverage. Assuming that the current price of bitcoin is US $10000, and you predict that the price will rise in the near future, you can choose to be long.
if you have only 10000 usdt principal and the platform is triple leverage, you can borrow another 20000 usdt from the trading platform, so the principal is now 30000 usdt; If it is 5 times leverage, it can borrow 40000 usdt, 10 times leverage is 90000 usdt... And so on
buy three bitcoins with 30000 usdt, sell them when they reach 20000 usdt, and get 60000 US dollars of bitcoin, dect 10000 principal and 20000 loan, and make a profit of 30000 US dollars
if you don't use leverage trading, you can only make a profit of 10000 usdt if you buy a bitcoin at 10000 usdt
of course, if the judgment is wrong, bitcoin will only lose 5000 usdt in currency trading and 15000 usdt in leverage trading
2. Short (buy down)
take BTC / usdt triple leverage trading as an example. At present, the price of bitcoin is 20000 usdt. If you think that the price of bitcoin will drop to 10000 usdt, and you have 10000 usdt in your hand, you can borrow one bitcoin from the platform (short can only borrow the currency you choose to short), and sell it when the price of bitcoin is 20000 usdt, Then, when the bitcoin price is 10000 usdt, buy it back to the platform, and you can make a profit of 10000 usdt
in fact, bitcoin leveraged trading plays a role in amplifying revenue, but it also magnifies risk

there are many digital currency trading platforms, and the main procts promoted by each platform are also different. Some are mainly spot trading, and some are futures trading. Among them, futures trading is contract trading, that is, leverage. The better platforms are coin stations, which can be seen by contract friends.

7. No, you can use the virtual currency wallet to withdraw the currency contract for digital transaction

8. Too many, pure quartz veins! There are more geologists, big ones.

9. Chongqing jinwowo analysis and research: blockchain is based on the Internet, but its function is wider than the Internet. The main similarities of the two technologies are
:
(1) in terms of data transmission mode, the Internet and blockchain do not need centralized intermediary
(2) both technologies require users to access the Internet
(3) both technologies can meet the needs of multiple users in an organization.

10. You can't buy money down or up in the app. First of all, you have to reach a certain amount