By Bitcoinist - 1 year ago - Reading Time: 3 minutes
Increase Your Trading Capital 100x Instantly With The Power Of PrimeXBT Margin Trading
Crypto winter has been long, brutal, and cold, turning bulls into bears and turning portfolios into dust. Bitcoin and altcoins have begun to heat up, posting outstanding performance in January 2023 and beating all other assets in the market.
But investors and traders are hesitant to start buying the dip or reenter markets after the extended downtrend. Others are cautious about keeping too much capital on any given platform. With the power of PrimeXBT margin trading, it’s possible to amplify your trading capital instantly, letting traders get more out of markets with much less money on the line.
Bear Market PTSD
The bear market reduced prices of popular and once-trending cryptocurrencies by between 70-90%. The increased risk surrounding the macroeconomic environment has investors extremely fearful, viewing the recent upside as a bear market rally.
For these reasons, market participants are more skeptical than ever before about a possible trend change and another bull market. At the same time, no one wants to miss out on another bull run if crypto winter is truly over. PrimeXBT has the solution.
Risk Less, Make More Money
Using margin trading tools at PrimeXBT, it’s possible to turn even a tiny amount of capital into substantial position sizes, keeping risk to a minimum and gaining maximum market exposure all at once.
With the power of 100x leveraged long and short positions, traders can get the most out of global markets like Bitcoin, gold, oil, S&P 500, and more using a single account. It’s also possible to build a portfolio across many different asset classes and position types.
The Mathematical Advantage Of Leverage
Leverage lets traders put less capital on the line but provides the necessary returns crypto traders desire. For example, a $1,000 position using 100x leverage gives the user the same buying power as $100,000 in trading capital.
A 10% trade would provide $10,000 in ROI using leverage or $100 without it. More importantly, a 20% drawdown on a $1,000 position would result in a $200 loss, while a $100,000 position without leverage would lose $20,000. Using this strategy, it’s possible to risk less and earn more.
More Reward, Lower Risk
The award-winning PrimeXBT helps further reduce risk with stop loss orders, take profit tools, and built-in technical analysis software. An educational website is offered called the PrimeXBT Trading Academy, where users can learn complex strategies or get market updates from veteran trader Dirk Hartig.
PrimeXBT Contests features weekly trading competitions using no-risk virtual funds for a chance to win free trading capital. The risk-free simulated market environment allows users to practice trading with leverage or backtest technical indicators.
4000% Copy Trading ROI
In addition to margin trading tools, there is a peer-to-peer copy trading community connecting followers with strategy managers via a fully transparent leaderboard system. Followers can automatically click follow to copy the trades made by any of the top-ranked strategy managers.
Strategy managers earn income from followers’ copied trades, encouraging a high level of performance to ensure the highest rank in the leaderboards. Followers can use the performance data to manage strategies, which leaderboards currently show have as much as 4,000% in total profits.
Conclusion
After registering for a free PrimeXBT account, all it takes is a deposit in BTC, ETH, USDT, USDC, or other popular cryptocurrencies to fund a margin trading account and begin taking advantage of the benefits of trading with 100x leverage.
Try PrimeXBT today and find out for yourself why it was named the Most Trusted Crypto Asset Trading Platform by Crypto Expo Dubai!
Original source: Bitcoinist