In a recent live stream, Saketh, a skilled crypto trader, talked about trading crypto options and futures. He explained the special things about the crypto market, how exchanges like Delta Exchange work, and gave tips on how to handle the ups and downs in prices.
Trusting Exchanges: How to Trade Crypto Successfully
At first, many traders were unsure about cryptocurrencies because they worried about whether exchanges could be trusted. Saketh explained that the real risk in trading comes from how reliable the exchanges are, not the cryptocurrencies themselves. He said it’s very important for exchanges to make sure trades between buyers and sellers go smoothly. That’s why he decided to use Delta Exchange for trading crypto options and futures.
How Market Price Changes Work
One of the most important things to know about trading crypto is that prices can change a lot very quickly. Unlike regular markets like Nifty or Sensex, where prices move more predictably, crypto prices can go up or down a lot in just one day. For example, the crypto market might drop by 7% in one day and then go back up by 7% the same day. Because of this, traders need to watch the market closely before making any decisions.
Understanding Premiums and Volatility Dynamics in Trading Crypto
In regular markets, prices change slowly with volatility. But in the crypto market, prices can change very quickly and by a lot. For example, something that costs 0.8% one day might cost 1.5% the next day, then drop again. These quick changes offer big chances for traders. By watching how these prices move, traders can come up with good ways to trade.
Leverage in Trading: Potential Benefits and Risks
Using leverage in crypto trading can help traders make more money with less of their own money, but it also makes the risk of losing a lot bigger. On platforms like Delta Exchange, traders can use leverage to take bigger positions with smaller amounts of money. However, because the chance of big profits also means a chance of big losses, traders need to be very careful and understand the market well to manage the risk properly.
Market Trends and High Returns
Crypto markets have longer and bigger trends than traditional markets. In regular markets, a 2-3% move is a lot, but in crypto markets, 10-20% swings are common. Spotting these trends early can lead to big rewards, but traders must be ready for high volatility that can quickly erase profits. Also, trading crypto usually has higher fees than traditional markets.
Trusting Exchanges: How to Trade Crypto Successfully
At first, many traders were unsure about cryptocurrencies because they worried about whether exchanges could be trusted. Saketh explained that the real risk in trading comes from how reliable the exchanges are, not the cryptocurrencies themselves. He said it’s very important for exchanges to make sure trades between buyers and sellers go smoothly. That’s why he decided to use Delta Exchange for trading crypto options and futures.
How Market Price Changes Work
One of the most important things to know about trading crypto is that prices can change a lot very quickly. Unlike regular markets like Nifty or Sensex, where prices move more predictably, crypto prices can go up or down a lot in just one day. For example, the crypto market might drop by 7% in one day and then go back up by 7% the same day. Because of this, traders need to watch the market closely before making any decisions.
Understanding Premiums and Volatility Dynamics in Trading Crypto
In regular markets, prices change slowly with volatility. But in the crypto market, prices can change very quickly and by a lot. For example, something that costs 0.8% one day might cost 1.5% the next day, then drop again. These quick changes offer big chances for traders. By watching how these prices move, traders can come up with good ways to trade.
Leverage in Trading: Potential Benefits and Risks
Using leverage in crypto trading can help traders make more money with less of their own money, but it also makes the risk of losing a lot bigger. On platforms like Delta Exchange, traders can use leverage to take bigger positions with smaller amounts of money. However, because the chance of big profits also means a chance of big losses, traders need to be very careful and understand the market well to manage the risk properly.
Market Trends and High Returns
Crypto markets have longer and bigger trends than traditional markets. In regular markets, a 2-3% move is a lot, but in crypto markets, 10-20% swings are common. Spotting these trends early can lead to big rewards, but traders must be ready for high volatility that can quickly erase profits. Also, trading crypto usually has higher fees than traditional markets.
Reference: Economicstimes
Disclaimer: The recommendations, suggestions, views, and opinions provided by experts are their own and do not reflect the views of the Bitcoin Gambia.
