Post
Topic
Board Bitcoin Discussion
Re: As a trader, is it worth consistently trading only BTC?
by
Bitcoinpoly
on 21/02/2025, 19:10:49 UTC
Before getting to to trade a coin, if you want to be successful you have to be indebted to first understand the coins potentials and market cap.
Getting into every listed coins in the exchange can be so risky for traders instead you just need to adopt few coins, get used to their community users and rest up on them so you don't go buy coins that will not be in need when reselling.
The dominance of bitcoin in adoptions has made it confidentially a coin that every traders find profitable because it has come to stay with no going extinction and there are being demands and supplies on regular basis in the market cap.

I'm not sure i can just get into any listed coin without having a proper analysis done, i fear market manipulation alot. Although some exchanges tools helps to prevent market manipulation though you still need to get your due deligence done. The dual-price mechanism feature on BingX can help you avoid unfair price liquidation.