RATE Group | Long or Short on Bitcoin? Check out the P2P Trading Trends on PrimeBit
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Long or Short on Bitcoin? Check out the P2P Trading Trends on PrimeBit

23 Oct Long or Short on Bitcoin? Check out the P2P Trading Trends on PrimeBit

Posted at 07:04h in Bitcoin News by

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People are talking about a strong “bearish bias” on Bitcoin, which is supposed to be the strongest since February. Well, the alpha cryptocurrency has been dropping hard recently, and it may attack the next support levels at $7,750 and $7,500. 

Whether you’re a long term crypto-enthusiast or skeptic, you should use your knowledge to profit. At the moment the best way to do it is to trade P2P cryptocurrency contracts. PrimeBit is the best platform for doing it.

PrimeBit PrimeBit uses MetaTrader 5, which is the favorite tool for traders all around the world. PrimeBit is a marketplace, where users can exchange perpetual fixed value contracts for BTCUSD, ETHUSD, and LTCUSD. 

There are two ways of making a deal with PrimeBit. First, you can just pick up any contract offered by the community. If you open a long (buy) order always when the price goes up $1, the value of your contract increases by 0.1 mBTC. On the other hand, when you make a short (sell) order, if the price goes down $1, the…

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