What strategies can be used to profit from bitcoin perpetual futures?
Andrey OrekhovNov 17, 2024 · 7 months ago1 answers
What are some effective strategies that can be employed to generate profits from trading bitcoin perpetual futures?
1 answers
- onkar suryavanshiJul 02, 2023 · 2 years agoAt BYDFi, we believe that a combination of technical analysis and fundamental analysis can be effective in profiting from bitcoin perpetual futures. Technical analysis involves studying historical price data and using indicators to predict future price movements. Fundamental analysis, on the other hand, involves analyzing factors such as news, events, and market sentiment to assess the intrinsic value of bitcoin. By combining these two approaches, traders can make more informed trading decisions. However, it's important to note that trading involves risks, and past performance is not indicative of future results. Traders should always conduct their own research and seek professional advice before making any investment decisions.
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