Topic: [Guide] How to use leverage & margin trading (Read 270 times)
I avoid trade crypto by use margin because i know the risk is very high, i was loss many times in forex margin trading, and trade by use leverage in any kind of asset is the same high risk, so dont touch it if you beginner trader.
One expert on margin trading recommended me to long Bitcoin Cash 30x when its price was 425$. Did not believe in him when I saw the total crypto markets were in red. I missed a good chance.
He told me, chances like that come weekly, he suggested to continue long on Bitcoin Cash 5x-10x leverage even when its price is around 500$ now.
Target 1: 519$, target 2: 534, Target 3: 579$. Hold for some days or even weeks. Stop-loss at 479$ and reentrance at 461$. Good luck!
The only place that you can leverage BCC/USD now is at Bitseven. Remeber that BCC/BTC on Bitmex has another outcome.
I do not respond for any of your loss. You own your risk. Never trade with fund that you're not affordable to lose all. However, I welcome any tips or donation if you win big
He told me, chances like that come weekly, he suggested to continue long on Bitcoin Cash 5x-10x leverage even when its price is around 500$ now.
Target 1: 519$, target 2: 534, Target 3: 579$. Hold for some days or even weeks. Stop-loss at 479$ and reentrance at 461$. Good luck!
The only place that you can leverage BCC/USD now is at Bitseven. Remeber that BCC/BTC on Bitmex has another outcome.
I do not respond for any of your loss. You own your risk. Never trade with fund that you're not affordable to lose all. However, I welcome any tips or donation if you win big
In my opinion, dont use leverage & margin in crypto trading because the risk will be more high than without margin. High fluctuation of crypto is dangerous if use margin trading. In margin trading also need larger capital to protect it so that not get in margin call because the volatility of crypto will be higher if use margin. If you use margin in crypto trading, the capital can be zero
leverage and margin trading are not a good choice for them who want to start the trade,
because you need a lot of thing to do that or start the leverage or margin trading on exchanger,
more importantly the most basic that we should have is calming our mind and control it which is not really easy to do.
plus every exchanger have their own way how to use the leverage and the margin,
like Bitmex that you mentioned above in the link,
that is only work when you start the trade in there,but what happen if you use kraken and else ?
well it does not matter,the most important thing that we need to know is,
when you use it,be ready to double it all or lose it all.
margin is a double edge sword in my opinion,so it's not really recommended by people.
because you need a lot of thing to do that or start the leverage or margin trading on exchanger,
more importantly the most basic that we should have is calming our mind and control it which is not really easy to do.
plus every exchanger have their own way how to use the leverage and the margin,
like Bitmex that you mentioned above in the link,
that is only work when you start the trade in there,but what happen if you use kraken and else ?
well it does not matter,the most important thing that we need to know is,
when you use it,be ready to double it all or lose it all.
margin is a double edge sword in my opinion,so it's not really recommended by people.
Leverage trading is so much risky and dangerous for newbies. Someone can loose total balance in blink of eye in case of opposite trend. Btw thanks for sharing this valuable resource!
Been wanting to get into leverage trading but useful community advice made me pause but am still very much interested.
Unfortunately your PDF seems to be promoting a particular exchange than doing the actual teaching.
Unfortunately your PDF seems to be promoting a particular exchange than doing the actual teaching.
Dear Bitcoin community,
As a crypto enthusiast, I learned and learned and learned and I still learn today. Then, I decided that it was my turn to help the cryptocommunity the same way the cryptocommunity helps me. My first contribution is a guide on "How to use leverage & margin trading on BTC and other crypto" on a leading platform. I think that there isn't a guide that describes and explains it this way. Everything you will need to know is in it, and if you have any question, I will be pleased to help you the best I can
Here is the google drive link so you can previsualize the pdf without downloading it directly on your computer, so you are sure it's safe : https://drive.google.com/file/d/0B6BR0pXq5TzsS25xczh1bHhnNGM/view?usp=sharing
Take care and have a successful routine in crypto
Max
As a crypto enthusiast, I learned and learned and learned and I still learn today. Then, I decided that it was my turn to help the cryptocommunity the same way the cryptocommunity helps me. My first contribution is a guide on "How to use leverage & margin trading on BTC and other crypto" on a leading platform. I think that there isn't a guide that describes and explains it this way. Everything you will need to know is in it, and if you have any question, I will be pleased to help you the best I can
Here is the google drive link so you can previsualize the pdf without downloading it directly on your computer, so you are sure it's safe : https://drive.google.com/file/d/0B6BR0pXq5TzsS25xczh1bHhnNGM/view?usp=sharing
Take care and have a successful routine in crypto
Max
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