Long Trade VS Short Trade which is more profitable for us?

in Tron Fan Club6 months ago

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Assalamu Alaikum

how are you all Hope everyone is doing well, So today I will talk about Trading, Long Trade VS Short Trade which trade is better decision for us, Trade is basically 2 types Spot Trade and Future Trade, I will say one thing to everyone, no one should ever do future trade even if they make a mistake. You can never profit from this. First of all Future Trade will be good profit but your greed will be born from this profit, and this greed will force you to Trade with bigger amount, You will lose big in this. And if you are a Muslim then Future Trade is totally prohibited, Because it's a gamble, Spot Trade can be done in 2 types such as Long Trade + Short Trade, Which is best for us, I will share from my experience, you can use whatever you like, Let's start, Long Trade means buying a coin for a certain period of time or for a long period of time. Short Trade means buying coins with less time, Many people think that BNB/XRP/ETH/or other coins could have been bought 5 years ago, these coins could have been held for a long time and huge profits could have been made. And so many buy ALT Coin for long term, hoping to get huge profits. I think if you plan to hold any coin for a long period of time, it is very unlikely that you will get huge profits in old ALT coins except new coins. Now taking a new coin ENTRY becomes a kind of risky, because many projects came earlier and claimed to be trusted, but after having a huge market cap, scam ran away. LTC which is currently Price $69 but All Time High $410 and BNB, XRP, or almost Top ALT Coins are also in the same situation.
Matic

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[Screenshot From Binance]


I bought this coin at $0.85 then pumped it hit $0.95 and after 1 week it went down and is now $0.84.
Now if I had sold when it hit $0.95, waited for a few days, then I could have bought $0.84 again, which would have made me a total profit of $0.11 per coin, and then I would have gotten more coins with this amount. ,
You may now understand what I mean.
So I think if you have $400-$500 fund then short trade with them instead of holding for a long period of time like a fool, it will give you profit, and in long trade you will only look for profit but you will not be able to pocket the profit.
Matic also hit $1.09 a few days ago, it came down again to $0.75 a few days later.
This means that only by looking at Pump,
If you dump the market, everything will return to the previous place.

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No experience to short trade in any coin!
So let me give you a little experience,
Keep an eye on the Top 20 Coins like Matic for a few days, how much these coins pump up and how much they down, buy when they pump, sell when they pump.
But the Top 20 coins are risk free, no matter how much they are down, they will recover again.
So stay away from bad coins, trade as a business, if you are thinking of becoming a big man overnight, then you have come to the wrong place.
So I hope you understand, I'm ending today here too. Be well everyone.
Allah Hafez,

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 6 months ago 

Please increase your engagement in the community to get better support. Thanks.

Ok Brother

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Thank you for nicely presenting the topic of long trade vs short trade which is more profitable for us. I agree with you.

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Thanks bro

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You are right brother. A person can get profit by future trade. But afterthen he invest a big amount of money to get more profits. As he result he lost everything because of bad market condition or others reason. That’s why I like spot trading.

According to me long trade is most profitable. But it depends on the market.

Well for me it doesn't really matter whether the market goes up or down, I believe if one is skilled enough you can make money both longing and shorting the market.

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