How to Start with Cryptocurrency | Episode 6 How to Make Money in Cryptocurrency Trading [Fudō Shūtarō]

Not only buying virtual currencies such as Bitcoin and waiting for the price to rise, how about aiming for profits by selling as in FX? This time, we have Shutarou Fudou provide an explanation about leverage trading in cryptocurrency.

Table of Contents

1. Changes in the cryptocurrency market
2. What is spot trading in cryptocurrency?
3. Differences between leveraged cryptocurrency trading and FX
4. Leverage in cryptocurrency
5. Strategies for leveraged trading

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※This article is a re-edited version of an article from FX攻略.com, April 2019 issue

Shutarou Fudou (Fudou Shutaro) Profile

Currency exchange instructor and author. Publisher releases seminar DVDs and interview CDs. Besides giving lectures at financial exchanges, securities exchanges, FX brokers, and mutual fund companies, he also writes for magazines and serves as a school instructor for FX and stocks.

Official site：Shutarou Fudou's “Behind the Scenes of News Reporting”
twitter：https://twitter.com/syutaro_fudo

Changes in the cryptocurrency market

Unlike 2017 when Bitcoin and other cryptocurrencies rose sharply, last year it wasn’t a market where you could profit just by buying and HODLing (holding for the long term). Cryptocurrencies have very rapid market changes, and this similar situation may continue for a while. To profit in future markets, let's reconsider the methods for buying and selling cryptocurrencies.