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 an investment option that is slightly different from the trades we are used to and with a higher risk, higher income potential. With this leverage-driven investment option, you can earn faster money and lose your capital faster. On the other hand, you cannot enter buy / sell orders while trading margin compared to standard trading. The orders you enter here are made as long / short. The long position represents that the price will rise, while the short position represents a decrease in the price.