I have been in the cryptocurrency trading world for the past 10 months and couldn't make much profits when the market moved to bear phase. I have been reading about margin trading and have not been able to wrap my head around it? I think i can make some money in the bear phase! Am i correct?
margin trading is a dangerous area and I advise you not to engage in that area. In my country, there were a lot of suicides because of Margin. Not that they have no knowledge, but margin trading is really a gamble. The whales involved in that market are very much and the ever-changing market is the result of many people making margin trading.