Topic: Are there other trading opportunities that are quite like crypto? (Read 126 times)
You don't actually have to physically own any cryptos in order to be a part of the game anymore. First off there are tons of funds now willing to do futures meaning you can bet on the price in the future whatever way you think it will go. Also Bitmex is the king of leverage and has been around a while, you can leverage up to 100x there. That is huge exposure, huge risk and you don't need own any coins.
December 30, 2017, 03:31:33 PM
With crypto you have these huge 100% daily swings on massive volume on things with a market caps of $1bn - 300bn. The volume is so high you can move in and out of multimillion dollar positions instantly without slippage. You can make hundreds of thousands of dollars per minute daytrading because can take a multimillion dollar position one minute at 1.5 and sell it the next minute at 2.0 and all the liquidity is there to do this. Will there ever be anything else like this? I cant think of any other trading opportunities with the volume to support anything this volatile. I know there is forex but you have to take massive leverage in order to make meaningful trades which means your risk is also 50 times higher than trading crypto - that is not the same thing. I want to move off of crypto exchanges because being there is so risky but I dont know what else I'll trade.
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