Post
Topic
Board Trading Discussion
Re: Suggest me to invest in Bitcoin Online Trading
by
davinchi
on 07/02/2020, 16:22:07 UTC
When you invest in BTC, try to use Binance as a trading app. Binance has a massive volume because people prefer to use it as it has good features that a beginner will easily understand. As BTC is volatile in the market, it is hard to make profit immediately. In cryptocurrency, you should practice your technical analysis, patience and self-discipline for you to have a much better profit when you trade in a right time. Binance has a high speed transaction and high liquidity so people will easy to learn and it is user-friendly. All coins are covered by Binance so no matter what coin you're handling they can manage it, it is very flexible not like the other trading platform. Lastly, it has a low cost of fees compared to other exchanges.
The fees can also be minimized if we use their "BNB" coin to pay the fees. Also trading BNB can be beneficial for OP. Binance is really a convenient platform which makes trading easier and also features like Margin trading and Futures make binance more popular among traders.

The profits are huge in margin or futures trading considering the risk factor but if by any chance we try to make profits in futures than the initial capital of OP which is $1000 would earn a massive amount and perhaps OP should consider that. Maybe he would initially need a month or more to understand more about futures trading but it would indeed be much useful for him in terms of covering his previous loss and making massive profits in the high volatile markets.