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BTCC / Hashtag / traders are selling themselves their own
#crypto neurop geo vulgaris #mortgage rates 2026 canada #Bnb
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Are people buying their own NFTS to drive up prices?

The NFT marketplace is rife with people buying their own NFTs in order to drive up prices, according to a report released this week by blockchain data firm Chainalysis. Known as “wash trading”, the act of buying and selling a security in order to fool the market was once commonplace on Wall Street, and has been illegal for nearly a century.

What's the difference between a trader and a sales person?

In years past traders exclusively managed risk, while sales people exclusively managed client relationships. So, a client who wanted to do a trade - say an equity derivatives trade - would call up the sales person they know on the equity derivatives desk and ask for a price on the product they were looking to trade.

How do you sell yourself?

Tell a convincing story. The best way to sell yourself is to tell a story — but not just any story. As author and leadership expert Simon Sinek said in a TED Talk, "People don't buy what you do; they buy why you do it." So reverse the order of the information you deliver; don't start with profit.

Do you need a sales trader?

However, over the past ten years it's been recognized that for some types of smaller and less complex trades there's no need to have a dedicated sales people and traders. Instead, a sales trader will talk with a group of clients that they cover throughout the day (on Bloomberg and by phone).

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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