Contest !! ||Crypto trading

in hive-109435 •  4 months ago 

Hi Steemians,
It's another day of the week and I'm delighted to participate in this contest today organized by @khursheedanwar which talks about Crypto trading. I will be making my entry below so read through it and drop your valuable comment as it will be appreciated.

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Source

- What benefits you can get from crypto trading?

Crypto trading is one of the aspects of cryptocurrency that makes the world of crypto more interesting and unique. Trading cryptocurrency has to do with the buying and selling of crypto assets. This means whether the price is going up or coming down one can still trade.

Crypto trading is unique because traders can make money on any side of the market i.e., money can be made when the market is going down and also money can be made when the market is going upward. So whichever direction that the market goes in trading money can be and money can be lost.

Screenshot_2024-07-11-07-38-57-02_596975ed40b15fff5c7f8ecf456f3424.jpg

One of the benefits of crypto trading is that you can make a huge amount of money within a very short period just by giving a proper prediction. Crypto trading can change your history in just a single day.

As a trader, if you make a proper prediction you stand the chance to make very good money whether the market is going down or going up. Imagine you predicted that TRX will go high from the image above you will be in profit already because your prediction went the right way.

- Share your recent crypto trading experience in the form of profit or loss.

The screenshot of the trades I recently took can be seen below.

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From the screenshot, you can see the position and open order of the trade. After seeing that the TRX token has reached its ATH I decided to short the market and the prediction as you can see went in my favor because at the moment I'm already in profit.

This is what happens always when the market is going in your predicted direction. Some people made money when the price was going up. I wasn't privileged to join the market at that time so I joined when it was time to short the market and here I have made my profit as well.

Here I will want to invite a few friends to also join the contest and share their entries as well. I invite @emmy01, @adachukwu, and @saintkelvin17 to also share their participation in this week's writing expedition contest.

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Thank you, friend!
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Nice post bro! Thanks for the invite , I'll try to participate.... Cryptocurrency contests are one of the best contest I love on Steemit.....

Good work

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