The Crypto Collapse And Stock Market Crash: How To Profit From The Fall With PrimeXBT

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The cryptocurrency market is once again in complete carnage. The stock market is also in horrible shape, and the fabric of global markets is on the brink of overall collapse. This sounds bleak and frightening, but not all is lost.

Traders using the award-winning margin trading platform PrimeXBT are provided with professional trading tools that allow them to stay profitable during downtrends and keep capital protected when things get volatile. Here is a closer look at the full suite of professional trading tools and how top traders put them to use. 

We also have some reassuring comments about Bitcoin from PrimeXBT’s resident trading expert, Dirk Hartig, that you absolutely want to read.

The stock market has fallen more than 18% since highs were set in late 2022. The tight correlation between cryptocurrencies like Bitcoin and Ethereum with tech stocks has taken the price of the emerging asset class down by more than 50%. Investors are in panic and tired of what feels like months on end of losses upon losses. The extended downtrend and significant drop have caused sentiment to turn highly bearish.

But it doesn't have to be like this. Depending on the platform chosen, specific tools exist that make situations like what investors have experienced over the last several months not only less frustrating but it is possible to be profitable as well. While investors using Coinbase and other platforms are stuck either selling or HODLing, it creates a situation where you are waiting in cash and in fear of missing out on any gains when things turn around.

With PrimeXBT, however, long and short positions mean that traders can profit from