Is it possible to make a profit trading futures on tradingview with cryptocurrencies?

5 answers

• office spaceNov 03, 2021 · 4 years ago
  Yes, it is possible to make a profit trading futures on tradingview with cryptocurrencies. Trading futures allows you to speculate on the price movements of cryptocurrencies without actually owning them. By correctly predicting the price direction, you can profit from both upward and downward price movements. However, it's important to note that trading futures carries a high level of risk due to the leverage involved. It's crucial to have a solid understanding of technical analysis, risk management, and market trends before engaging in futures trading.
  559

  280
• Jacob BautistaMar 13, 2023 · 2 years ago
  Absolutely! Trading futures on tradingview with cryptocurrencies can be a profitable venture. With the right strategy and analysis, you can take advantage of the volatility in the cryptocurrency market and make substantial profits. However, it's important to keep in mind that trading futures is not without risks. The market can be highly unpredictable, and it's crucial to have a well-defined risk management plan in place. Additionally, staying updated with the latest news and market trends can greatly enhance your chances of success.
  539

  180
• mpazgalarzaDec 03, 2022 · 3 years ago
  Trading futures on tradingview with cryptocurrencies can indeed be profitable. It offers the opportunity to profit from both rising and falling prices, allowing traders to take advantage of market volatility. However, it's important to approach futures trading with caution and to thoroughly understand the risks involved. It's recommended to start with a small capital and gradually increase your position size as you gain experience and confidence. Remember to always do your own research and seek advice from experienced traders or financial advisors.
  554

  139
• Danil GreevnevJan 14, 2022 · 4 years ago
  Trading futures on tradingview with cryptocurrencies can be a profitable endeavor, but it's important to approach it with the right mindset and strategy. It requires a deep understanding of technical analysis, risk management, and market trends. It's also crucial to stay disciplined and not let emotions drive your trading decisions. While there are risks involved, with proper research and analysis, you can increase your chances of making a profit. Remember to start with a small position size and gradually scale up as you gain more experience and confidence.
  563

  113
• Rich CSep 24, 2020 · 5 years ago
  As a representative of BYDFi, I can say that trading futures on tradingview with cryptocurrencies can be a profitable opportunity. With the right knowledge and skills, you can take advantage of the price movements in the cryptocurrency market and make a profit. However, it's important to note that trading futures involves risks, and it's crucial to have a solid trading plan and risk management strategy in place. It's also recommended to stay updated with the latest market news and trends to make informed trading decisions.
  528

  88