How To Use PrimeXBT Leveraged Trading Solutions In A Falling Market


If you check in on the current status of crypto investors, they will tell you the sky is falling, and they are in a state of panic. Meanwhile, traders who rely on leverage trading solutions from PrimeXBT during a falling market are profitable and have a well-positioned portfolio designed to withstand the macro-environment ahead.

Here is how you also can use the powerful tools provided by the award-winning margin trading platform PrimeXBT to stay profitable, protect capital, and build a diverse portfolio.

All About PrimeXBT Leveraged Trading Solutions

In most situations, the public can buy and hold assets as a form of investing. More advanced forms of investing, such as derivatives trading, are kept out of reach for the mainstream. Over the last several years, the borderless world of cryptocurrencies has allowed investors and traders to embrace tools once reserved for the elite on Wall Street.

Margin trading allows traders with more experience and skills to profit from both directions of the market using long and short positions, rather than simply sitting in cash and waiting for the trend to become positive again. Platforms like PrimeXBT also allow cryptocurrencies like BTC, ETH, USDT, USDC, and COV to be used as account collateral to open positions on leverage.

Leverage trading positions are the key to profiting during falling markets. Leverage allows traders to take positions much more significant than what capital would otherwise allow for, amplifying the potential for positive returns. Drawdowns are also amplified, so proper risk measures such as setting a stop-loss order or getting the proper entry are a must. PrimeXBT provides all the tools that make it possible to trade with leverage safely.

The Risk Of Missing Out On Returns

Using Bitcoin as an example, buying BTC at $20,000 and holding it could have resulted in a $40,000 return if the investor sold it at $60,000 per coin, for a maximum return of $40,000. A long trade using PrimeXBT would have resulted in up to an $8 million return at the platform’s maximum 200x.

Recently, Bitcoin crashed back to $20,000. Investors who sold at $60,000 have $40,000 extra in profit and can now purchase 3 BTC. Shorting BTC back to $20,000 from $60,000 could have resulted in yet another $8 million return, while someone in cash has to wait for Bitcoin to increase in value again to make any type of return.

Now imagine a scenario where the investor was confident that Bitcoin would reach $100,000 and didn’t want to close a long trade. They could now be stuck holding until $20,000 and made zero dollars in the process. With PrimeXBT, even if you were long BTCUSD and expected $100,000 prices when the market began to turn bearish, the trader could open a hedge short and keep both positions profitable. Although the long would eventually be worthless or lose some unrealized gains, the hedge short could have kept the trader profitable and capital protected. That’s the true power of leveraged trading solutions from PrimeXBT.

Reduce Portfolio Risk With Uncorrelated Markets

PrimeXBT is also among the few platforms on the market today that offer so many different trading instruments under one roof. More than 100 trading pairs are available across forex, crypto, stock indices, and commodities, allowing users the ultimate control over their portfolios.

All of today’s most volatile and popular markets are here, accessible from a single trading account. Whether it is gold, the S&P 500, oil, or forex, there is plenty for investors and traders to consider outside of Bitcoin and other cryptocurrencies.

As crypto investors learned the hard way, a crypto-heavy portfolio bleeds out all at once. Loading up on positions in uncorrelated or anticorrelated markets is a great way to reduce risk across an overall portfolio. These advanced strategies are only possible using an all-in-one solution like PrimeXBT. A portfolio can be managed from anywhere in the world using the free smartphone app for Android and iOS devices.

Proven Performance Exists With Covesting Copy Trading

Want proof that such performance exists? Look no further than the Covesting copy trading module, available exclusively at PrimeXBT. The copy trading community matches followers with strategy managers who rank highly within the fully transparent global leaderboard system. Followers can copy the trades of more experienced strategy managers who have their performance tracked publicly for all to see. Current top ranked traders boast as much as 5,000%+ in ROI.

Covesting copy trading lets unskilled traders stay exposed to the opportunities provided by today’s historic global market volatility while limiting losses associated with extreme price swings. Strategy managers do the heavy lifting, making money for followers with every winning trade. Followers must manage their portfolio of strategies much like any trading position and are provided with stop-loss tools and more to limit max drawdowns and keep profits high.

PrimeXBT also includes Covesting yield accounts, which offer investors access to top DeFi protocols to earn a variable APY interest rate by staking idle crypto assets. Up to a 14% APY is possible during peak market conditions. COV token memberships can activate up to a 2x APY boost as well as various benefits within the copy trading module.

Profit From Falling Markets And Protect Capital With PrimeXBT

If you are looking for performance during a bear market, crypto winter, or simply a short-term falling market, PrimeXBT provides all of the advanced trading tactics necessary to stay profitable and protect capital – no matter what the current market conditions are. With plenty of alternative ways to earn income passively with Covesting or through the company’s Rewards and Referral systems, PrimeXBT keeps capital growing at all times.

From start to finish, a user can make a deposit or buy crypto, load up a margin or Covesting account and start making money. Register for a free PrimeXBT account today and never let a falling market crush your capital or limit your profit potential ever again.

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