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Topic: BTC- MT4 leverage (Read 641 times)

member
Activity: 60
Merit: 10
November 18, 2013, 02:13:48 AM
#3
Thanks
newbie
Activity: 32
Merit: 0
November 16, 2013, 05:45:02 PM
#2
"Leverage" is just a word used to denote an increase in both the risk and reward of your investment. Buying a mining rig/mining shares with BTC is leverage, buying futures on ICBIT is leverage, betting on BTC to reach a certain price on betsofbitcoin is leverage.

Leverage isn't a 'forex' thing and it isn't necessarily dangerous, its just risky. Although most forex trading platforms are for suckers, charging huge margins.
member
Activity: 60
Merit: 10
November 16, 2013, 07:58:30 AM
#1
I had a look at MT4 client for BTCE. I noticed the mention of leverage, which is a Forex thing.
BTC doesn't have leverage. Leverage is dangerous

BTC market might be highly attractive for Forex newbies but generally most Forex users are suckers. That's why I am in a bitcoin forum not trading forex.
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