Tuesday Dec. 17 - Bitcoin is retracing rapidly from around the $6,950 price mark to below $6,600 in the past few hours.
BTC is showing a loss of nearly 5% for the day.
However, the contract trading users can get more profits if they judge the right direction?What do you think about contract trading,is it the best way to speculation???
Yes, leverage trading can be a good tool for making money in all kind of market movement, both bullish and bearish. The thing is, it's very risky and require a great amount of knowledge to be able to survive. Otherwise, you're just giving free money to other trader lol. One of the most useful tool is technical analysis. A lot of good trader that I know rely their trading based on TA only. So it's a good way to start learning TA before trading.