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Can you convert litecoin to bitcoin | However, a good trader should always expect the unexpected and tread diligently for future unfavorable outcomes. Learn more � This link tells the story of an expert trader that led a 20 million dollar cryptocurrency hedge fund into bankruptcy due to margin trading. Position trading is a long-term strategy. It is a sound practice to rely on multiple technical indicators and several timeframes. How does the RSI signal work for cryptocurrency? You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. Like how the traditional forms of currencies can be traded against one another on the forex , cryptocurrencies can also be traded against specific pairs on specialized platforms called cryptocurrency exchanges. |
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