Bitspark DEX Masterclass 104: Essential trading tools arbitrage, longing & shorting, and moving averages
In this episode of DEX Masterclass, it’s time to put some essential tools in your trading toolbox.
What you’ll learn
- Arbitrage
- Longing & Shorting
- Moving averages
Trading Strategies - Arbitrage
The concept of arbitrage is where you buy a coin at one price and then sell it another price for a profit. For example, there could be a profitable difference for bid/ask prices for the BTS/BTC markets on Sparkdex and Binance. The opportunity here is to buy BTS on one exchange at the lower price, and sell BTS on the other exchange at a higher price immediately after.
Trading Strategies - Longing & Shorting
Longing: If you buy something, and you expect the price to go up
Shorting: If you sell something, and you expect the price to go down
For a deeper understanding of these trading strategies and how to apply them to cryptotrading, watch the full masterclass by clicking below:
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