Cardano (ADAZ18) Long Again (BitMEX) - Tips 4 Beginners

21 Des 2018

I should have focused my energy on BitMEX earlier, this thing is a huuuge money maker... Easy money maker.

I am going LONG on ADAZ18 and would like to share some details with you if you want to trade as well.

• Main support for me will be 940 satoshis on the daily time frame. When using leverage I want a liq. price that is below this level.
  
• My main target is profits. For you, I trade with specific numbers and we aim to earn certain percentages but that is not how I trade myself.
  
• My strategy is incredibly simple as I like simple... Simple is best.
  
• Buy low... Later sell high. Meaning, it doesn't matter if a target is hit or not or how long it takes. What matters to me is coming out a winner and in good profits.
  
• You can always close a trade that is either in profits or at a loss, regardless if you hit target or stop loss. Sometimes it is good to cut losses before hand, or collect profits right away.
  

If you are a beginner and trying to trade on BitMEX for profits, try starting small, with very low leverage on a low risk trade and allow time for it to develop.

Always make a habit of withdrawing and enjoying your profits, as well as leaving some behind to grow your capital and join new trades.

I hope you liked my advice.

Namaste.