Topic: Don't let Margin Trading make you poor! - page 2. (Read 520 times)
in my opinion margin trading in binance is the process of earning money faster but with a very large risk, it is very dangerous for novice traders with minimal assets, the program is suitable for those who are experienced in the field of trading and margin.
You are not forced to trade with margin leverage x125. This is possible but this does not mean that it is profitable. Every trader should understand their risks and I have not seen a single person who would trade with such a huge margin. If you decide to take a risk then you can go to Las Vegas and spend your credit beautifully.
everyone acts in relation to their readiness. if a beginner wants to trade with a leverage of 125, then this is his decision. most likely he will lose everything, but we cannot think for other people
So Binance introduced margin trading up to x125!
Being able to trade with that much leverage is dangerous for people. I do think it should be allowed, because I believe in freedom of personal choice, but I don't think most traders are aware of how risky it is. Especially when trading cryptocurrencies, which have got to be even more volatile than penny stocks. It's so easy to either get a margin call or have your position wiped out if the market turns against you, and you could lose everything in the blink of an eye.But most people I know who are into trading are gamblers at heart, and the potential to make outsized profits is also immense. I'm sure lots of them have gotten rich trading on margin, but I'm also fairly sure that some of them have ended up in the poor house as a result.
trading without margin have a risk, especially trading with margin, its really high risk. the crypto market is really volatile. only experienced and the "gambler" will be brave in margin trading especially with 125x laverage. 
Margin trading is a sweet bitter ending story. For every newbie or non professional trader, margin trading should be far from you. We see the huge gain and we forget the risks involved even after a loss we still embark on it in hopes to close a successful trade and make up for our loses. Margin trading is not what it sounds to be.
It is a very dangerous instrument, but Binance know what they are doing. They want to collect the most possible money from hamsters and there are enough people that think today is my lucky day and I will go all in for x125.
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So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
As long as you know what to do related to margin trading and you have skills to do margin trading, I think that will not be a problem. You will have extra care to trade because the leverage is too high, and I think you will analyze deeper before you trade so you can prevent the loss. Bitcoin lending will be a way to get another money from the traders because there will be many traders who need more bitcoin to trade. But yes, without knowing about margin trading, then that will be a suicide, and that will be a fast way to lose the money.
So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
So many new traders get excited about margin trading without understanding the risk involved. Leveraging your funds is no guarantee to make gains, you can lose your entire holdings if you are not careful. There was rumour early this year about a Chinese trader who committed suicide after losing a whooping sum via margin trading, I'm not saying it's not cool, I mean it's important to understand the nitty-gritty before delving in. For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
x125? Like seriously?
Margin trading is no joke, it's not a place for a beginners should do. They did not know how high the risk of losing their money in the process.
One of the people I know tried margin trading and he lost 70% his money, and I could say it's quite a big sum of money he lost.
Even I'm afraid to put too much money on it, true, we could earn quite the profits but on the other hand, nu uh. You could lose everything in an instant.
I hope more people will have more awareness about this thing, not only thinking with their emotions.
Margin trading is no joke, it's not a place for a beginners should do. They did not know how high the risk of losing their money in the process.
One of the people I know tried margin trading and he lost 70% his money, and I could say it's quite a big sum of money he lost.
Even I'm afraid to put too much money on it, true, we could earn quite the profits but on the other hand, nu uh. You could lose everything in an instant.
I hope more people will have more awareness about this thing, not only thinking with their emotions.
Has someone actually made money with 125x leverage? It sounds like a huge gamble where you can get liquidated pretty easy. If anyone know anyone with a proof for actually pulling those trades off, i am interested to learn from that. On Bitmex, every 100x i have made has been a loss for me, even if i pretty much were sure about the strategy there are always some zigzag wicks that destroys all longs and losses for me.
So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
Had to login to Binance and check and it's true! x125 margin is insane. I really do hope more people ready your article and be informed of doing margin trades. It's a very risky play that could bring you amazing profit but at the same time send you running home with nothing to show for.
My only concern is, why is your blog post about lending, when we are talking about margin trading?
will not want to do margin trading again ,a long time ago I use it for trading on forex market for some reason lost what is that I don't care now and had to pay up hundreds of dollars ,I was angry with the service provider because I was too stupid to understand it have given up on understanding too what interest rates are not clear ,so far away I quit from this option better manually trade with much funds as I can
The exchange introducing margin trading, does not care what happens to investors or traders that are involved. Although, the returns promised might be very high and will look attractive, but larger number of the people who lose are much more than those who gain.
So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
margin trading has been around for a long time in the world of trade, for those who are accustomed to forex trading, of course, are already familiar with the term margin trading, but for trade crypto it is something new, although margin trading can increase the strength of capital to achieve greater profits, but the risk is also greater, not recommended for beginners, I myself do not like the existence of margin trading. For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading.
You need to have your trading strategies, money management, and discipline and also people using margin trading should use logical thinking because i think most people would be trading based on their emotions which can lead them to frustration when things doesn't go well, they end up catching their losses.If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading.
You need to have your trading strategies, money management, and discipline and also people using margin trading should use logical thinking because i think most people would be trading based on their emotions which can lead them to frustration when things doesn't go well, they end up catching their losses. hero member
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So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.
For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
Every investment or profit making opportunities are always risky, people who use margin trading with zero knowledge about how it works are to be blame for their actions, since few people are making money out of it means its legit.For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.
You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
Margin Trading is for highly experienced crypto traders who are courageous enough to bear all the risks of having their funds liquidated at any point in time. If you are not experienced enough i would not advise you to go into this sort of trading. Greed is what kills most investors who go into margin trading. Why would you trade with such a huge margin of x125? No experienced trader would make this call, unless a newbie trading with $50 who wants to make $10Ks in a short time
Margin is a new iteration of casino and this is not so obvious. This is very risky especially with btc volatility
If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading. Jump to: