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What are the tips and tricks to increase earnings on BitMEX test net?

avatarRickapsicumDec 25, 2021 · 3 years ago1 answers

Can you provide some tips and tricks to maximize earnings on the BitMEX test net? I'm looking for strategies that can help me increase my profits while using the test net platform.

What are the tips and tricks to increase earnings on BitMEX test net?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can provide you with some tips to increase your earnings on the BitMEX test net: 1. Understand the platform: Familiarize yourself with the features and functionalities of the BitMEX test net. This will help you navigate the platform effectively and make informed trading decisions. 2. Start with small trades: Begin with small trades to get a feel for the market and test your strategies. As you gain confidence and experience, you can gradually increase your trade sizes. 3. Analyze historical data: Study past price movements and market trends to identify patterns and potential trading opportunities. Historical data can provide valuable insights for making profitable trades. 4. Follow experienced traders: Learn from successful traders on social media platforms or trading forums. Their insights and strategies can help you improve your own trading skills and increase your earnings. 5. Keep emotions in check: Emotions can cloud judgment and lead to impulsive decisions. Maintain a disciplined approach to trading and avoid making decisions based on fear or greed. Remember, the BitMEX test net is a valuable learning tool. Use it to refine your trading strategies and gain confidence before trading with real funds.