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Topic: Converting 1 BTC to 100 BTC - page 2. (Read 2581 times)

hero member
Activity: 1568
Merit: 511
October 18, 2018, 02:27:48 AM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting

Well technically with leverage, you can do it like pretty easily but you are risking 100x times more
Imagine, for example with 1 BTC you could technically wait bitcoin to drop $1000 before you lost your 1 BTC
With 100x leverage, a $10 drop and you are done.

I've lost almost 1.6 BTC due to using full leverage and go all in
Next, notice on the taker fees (meaning you long/short instantly from the order book instead of creating an order and wait)
You are not paying just the fees that you pay for your margin

You are paying the fees for your margin x 100 times
Meaning 0.075%
If you are using 1BTC as a full margin and leverage 100 time
The fees you are paying is 100 BTC * 0.075% = 0.075 BTC just a fee for Opening the order. If you close the order by market, you are paying another 0.075 meaning
You just lost 0.15 BTC from just the fee!

Hence, take note on the fee and how leverage could potentially make you more loss than profit
jr. member
Activity: 112
Merit: 1
October 18, 2018, 02:21:07 AM

I would not recommend it, because it is very risky and the chances of it are minimal. But it is your money and you decide. Just think, are you ready to lose them? To get started, start investing in bitcoin and altcoins and ico. Start exploring the crypto market and trading.
full member
Activity: 345
Merit: 100
October 17, 2018, 07:47:33 AM
But the most interesting thing is that this is not a classic pyramid - there is no need to pay dividends to anyone. So all this bit of crap can stay afloat (with a big course) for quite a long time.
full member
Activity: 560
Merit: 165
October 17, 2018, 07:24:06 AM
This is really true but you have to have another option because I think this is a big risk, so think before you regret it today
sr. member
Activity: 644
Merit: 250
October 17, 2018, 02:38:18 AM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
I think nothing is impossible and if you now use 1BTC to invest in an ICCO Altcoins you like or coins on the floor. When the market is good, 1BTC can produce 100BTC is normal and i recommend you take advantage of the current time.
You must have created a very high accuracy if you are use your bitcion to trade. ICO can't be trusted this time and just ty to trade them all but it looks impossible consider from the trend of crypto is really bad right now dude. You must know more about how the situation of the crypto is.
jr. member
Activity: 294
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 16, 2018, 11:31:13 PM
probably isbthe right andwer to your question. As there might be a way the chance is slim to none. It all depends on the odds. A very good advice i tell you is “invest what you can afford to loose” I understand the the stakes are tempting its winning a lottery but thats one expensive ticket right there.
hero member
Activity: 952
Merit: 500
October 16, 2018, 11:05:00 PM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
It could be but it would be very risky. if we do with a big profit there is certainly a big risk behind it that we must understand that this is a risk that is in investment
sr. member
Activity: 728
Merit: 250
October 16, 2018, 10:38:57 PM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
Forget it, on the surface it may seem very attractive to be able to multiply the amount of bitcoin that you are holding by hundred times but the chances that you are going to lose all your money instead are almost 100%, trading is without a doubt profitable but not be even investment banks in the past used that kind of leverage.
copper member
Activity: 103
Merit: 1
October 16, 2018, 05:17:07 PM
There is nothing impossible, but in order to turn 1 Bitcoin into 100, you need not only to understand perfectly in the crypto market, but also to be very lucky.
jr. member
Activity: 238
Merit: 1
October 07, 2018, 04:21:56 AM
As for me, it looks so unreal. It can be very professional traders and will be able to convert from 1 to 100 Bitcoins, but for beginners it is not under force
full member
Activity: 434
Merit: 100
https://saturn.black
October 07, 2018, 03:37:19 AM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
This is the most difficult option and stupidly rely that it can be done in a short period of time. It is easier to raise a cheaper coin than the most significant for the market, and its amount is decreasing every day. Even bitcoin mining is almost not effective.
member
Activity: 182
Merit: 10
October 07, 2018, 02:38:34 AM
I am yet to see any scheme that will turn your 1btc to 100 btc.  This is just a fallacy to think some program,  scheme  or activities could achieve this for you.  If you are ready to lose your btc,  you can subscribe to this otherwise,  continue what brought you your 1 btc in the first place.
full member
Activity: 347
Merit: 100
October 07, 2018, 01:35:40 AM
Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
I think nothing is impossible and if you now use 1BTC to invest in an ICCO Altcoins you like or coins on the floor. When the market is good, 1BTC can produce 100BTC is normal and i recommend you take advantage of the current time.
member
Activity: 116
Merit: 10
October 06, 2018, 11:34:19 PM
 100x trade on Bitcoin with a stable market, if you succeed, then you are a genius and will be a billionaire in this life.  Grin
full member
Activity: 630
Merit: 110
October 06, 2018, 08:02:47 PM
Trading with 100x leverage is extremely risky and it is very easy to lose most of your own 1 BTC in trading losses than making any significant BTC, forget about 100.
full member
Activity: 812
Merit: 102
October 06, 2018, 08:00:25 PM
Yes, some earn well with borrowed funds, but it is a huge risk. I would never invest in crypto-credit money. It is better to try to earn slowly. It's less risky for me.
sr. member
Activity: 798
Merit: 263
October 06, 2018, 07:58:13 PM
You should be very wary of anyone claiming to do this or provide information on how to do this. If anyone could really do this regularly, he or she will be rich enough to not bother posting on forums and youtube.
sr. member
Activity: 504
Merit: 251
October 06, 2018, 07:49:34 PM
You should be an expert before you try such thing. Even the expert don't go that far to leverage ×100. Most go I for ×10
You'll be easily liquidated and rekt.  I need to be that greedy  Grin
legendary
Activity: 3122
Merit: 1140
October 06, 2018, 06:40:33 PM
Chance to convert 1 BTC to 100 BTC can be in one ICO from one hundred. Better than lottery, but also very risky. Time of quick money in cryptoworld passed. I don't believe to youtubers, which make their content for views
Even this method is possible but the odds would really put up into a near-impossible thing but as you said this is better than lottery but the question is, how many individuals can able to risk up 1 BTC on such potential profits? I doubt that less people do have that balls to invest with that amount even on ICO i dont see a reason to be worthy to put up on these days.
full member
Activity: 254
Merit: 100
October 06, 2018, 06:16:12 PM
Chance to convert 1 BTC to 100 BTC can be in one ICO from one hundred. Better than lottery, but also very risky. Time of quick money in cryptoworld passed. I don't believe to youtubers, which make their content for views
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