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Topic: Gambling vs. "leveraged" trading - page 9. (Read 1365 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 15, 2018, 08:57:05 AM
#3
once I was trying to use leveraged trading in bitmex and I can make a good profit. I think it's not the same as a gamble because if we can buy at the low price and the price is increased, you don't have to close that leveraged trading but you can just let it make the profit for you. and I don't think that if we trade using the leverage it is considered as a gamble too. it depends on what price you buy the coins.

I remember that I can buy bitcoin at the lower price at $3xxx and it's still run until now. and makes a profit for me. although the price is up and down, I still make a profit and I don't want to close it right now.
full member
Activity: 1036
Merit: 144
Penguin Party 🐟
June 14, 2018, 07:47:21 PM
#2
I only gamble I do not trust the whole leverage trading, If I am going to gamble ill do it right and play cards or poker, Something that I actually have a chance at I have asked several people the same question, and none have ever made really much off of leverage trading..
legendary
Activity: 1834
Merit: 1520
June 14, 2018, 06:53:18 PM
#1
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
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