Sardar00111

$BTC $SOL $SUI
"My dear followers and friends, today I want to tell you what long trade and short trade mean. Some of my followers who are new have asked what short and long trades are. So, these terminologies are used in futures trading."
1. Long Trade (Buying):

When you believe that the price of an asset (such as Bitcoin, Ethereum, or any other coin) is going to increase, you take a long trade. This means you buy the asset so that when the price rises, you can earn a profit.

Example: You took a long position on BTC at $60,000. If the price goes up to $65,000, you make a profit of $5,000.

2. Short Trade (Selling):

When you believe that the price of an asset is going to decrease, you take a short trade. This means you sell the asset (even if you don’t actually own it) so that when the price drops, you can buy it back at a lower price and earn a profit.

Example: You took a short position on BTC at $60,000. If the price falls to $55,000, you make a profit of $5,000.

Note: Both of these trades are done on futures trading or margin trading platforms like Binance Futures, Bybit, etc.
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#EthereumFuture #BinanceAlphaAlert CryptoMarketCapBackTo$3T#USChinaTensions
T#MarketRebound

I lost all my money😢
Bye for ever

Greed ruined my portfolio—dropped from 55 lacs to 18 lacs in just 4-6 months. Now, I'm just waiting for a recovery... if it happens. 😕

What are your thoughts?

Before and After investing in crypto currency 🥴🙀