I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
we all know, that lately the price of all coins continues to decline and will result in losses if we sell coins owned. After I did some research from my friends and some people in this forum, all they did was keep all the coins they had until they were worth the sale, I'm sure the longer the price of all the coins would have a good price, and now it's also seen that bitcoin and altcoin prices are increasing every day, though not at such an expensive price, but at least there are always price fixes that happen every day.
You can make money on declines in Bitcoin, too. Bitcoin futures on the CME and CBOE allow you to go 'short' and make money if the price goes down. (And of course, you'll also lose money if BTC goes up.)