Margin : Never try | Bitcointalksearch.org

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: ShadowBits on October 02, 2018, 07:39:16 AM

Quote from: anhchangdeptrai13 on April 16, 2018, 12:37:19 AM

You write for peoples who intend to participate in the margin
What is your purpose in this market? Are you proving yourself a real investor ? You are not a glamber, right?
In this market, the boundary between gamblers and investors is very fragile
When you join the margin, you are turning yourself into a gambler. You simply do not have the patience to invest, you just want to make a quick profit. That is the mentality of the gambler. Today you can earn a lot, but certainly tomorrow it can also lost more.
They call it a financial leverage, but I call it a gamble. For investment, when your company goes down, if you still put your trust and hold it, it can go up and you can get back. But if the margin, when the long / short beyond your control, you will permanently lose money without getting back.
It's really gambling, I'm advice you not to try, The margin really addictive like gambling. It is not good if you are serious entering into the crypto market.
It will make you sleepless and you allways wants to remove when you lose. Trust me it's bad.

I have tried margin trading in Bitmex but I lost more than I win so I decided that Margin trading is not for me and would only try to trade for uptrends.

Margin trading swallows the small money immediately. Because of volatility of Bitcoin, so you'll lose it in a little movement of the price. So, if you want to earn some bucks in margin trading, you should invest more. The another obstacle is leverage, try not to be greedy.

withlove99

member

Activity: 336

Merit: 29

Margin is not bad
Important when we participate in margin trading, we must have a concrete plan to know how to manage capital
Especially you must control emotions when trading.

ShadowBits

hero member

Activity: 994

Merit: 504

Quote from: anhchangdeptrai13 on April 16, 2018, 12:37:19 AM

You write for peoples who intend to participate in the margin
What is your purpose in this market? Are you proving yourself a real investor ? You are not a glamber, right?
In this market, the boundary between gamblers and investors is very fragile
When you join the margin, you are turning yourself into a gambler. You simply do not have the patience to invest, you just want to make a quick profit. That is the mentality of the gambler. Today you can earn a lot, but certainly tomorrow it can also lost more.
They call it a financial leverage, but I call it a gamble. For investment, when your company goes down, if you still put your trust and hold it, it can go up and you can get back. But if the margin, when the long / short beyond your control, you will permanently lose money without getting back.
It's really gambling, I'm advice you not to try, The margin really addictive like gambling. It is not good if you are serious entering into the crypto market.
It will make you sleepless and you allways wants to remove when you lose. Trust me it's bad.

I have tried margin trading in Bitmex but I lost more than I win so I decided that Margin trading is not for me and would only try to trade for uptrends.

Altcoins enthusiast

member

Activity: 490

Merit: 17

Quote from: anhchangdeptrai13 on April 16, 2018, 12:37:19 AM

You write for peoples who intend to participate in the margin
What is your purpose in this market? Are you proving yourself a real investor ? You are not a glamber, right?
In this market, the boundary between gamblers and investors is very fragile
When you join the margin, you are turning yourself into a gambler. You simply do not have the patience to invest, you just want to make a quick profit. That is the mentality of the gambler. Today you can earn a lot, but certainly tomorrow it can also lost more.
They call it a financial leverage, but I call it a gamble. For investment, when your company goes down, if you still put your trust and hold it, it can go up and you can get back. But if the margin, when the long / short beyond your control, you will permanently lose money without getting back.
It's really gambling, I'm advice you not to try, The margin really addictive like gambling. It is not good if you are serious entering into the crypto market.
It will make you sleepless and you allways wants to remove when you lose. Trust me it's bad.

Trading been a margin trading and betting entails alot of risk and you should not go into it without adequate knowledge on how it works and the ways it is been play out. Margin trading will actually give you sleepless nights and we should not there venture into it if you have no control over your emotions.

hydranetwork

jr. member

Activity: 33

Merit: 1

Until price volatility is high, there is no reason to risk margin trading.

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

right. Margin is really a bad game. It has caused many investors to sell their houses to enter the market. It's easy to make money when there are only two choices, predicted up or down. But there are many potential risks. Please avoid the margin if you want to protect the money you have been suffering.

trecore4

sr. member

Activity: 658

Merit: 260

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Its not bad but it is the worst way of loosing your money. Lolz. I never do the margin trades because they are more than shit ways of earning even 1-2% of the profits. You loose more than what you are earning in the real trades. Remember that margin trading in the crypto currency is no similar to the margin trading that may be done over the commodities out there. Its just impossible to do that because of the large volatilities that are being followed in this type of crypto currencies. They dont allow you to have margin in the positive scale always, if they did then they will also take more from you on the Y scale. Remember this math when next time you put a trade for the margins. Roll Eyes

chocolah29

full member

Activity: 588

Merit: 128

OP is goddamn frustrated for doing margin trading and since it didn't fit to him they just troll and say that it's addictive.

Normally, trading and gambling is sort of alike because of the risk behind it and if you're inexperience you'll be fallen to losses in which you may not want to see. Doing trading should be taking seriously and don't dare to try if you don't know how this exactly work, you'll be wasting money, really.

daviidalpert

sr. member

Activity: 448

Merit: 250

Quote from: Azima85 on July 24, 2018, 01:13:41 PM

I disagree that trading is gambling. However, I am sure that most people doing margin trading are essentially gambling. But, there are certain rules and strategies to trade which although will not succeed 100% of the time (nothing does), will ensure a great level of success nevertheless.

It’s true that these strategies are not always accurate every moment.It has some basis for relatively blind guessing.But for newcomers, it is gambling.

wayaneka

full member

Activity: 644

Merit: 101

Yes if you are beginner trader is better avoid margin trading because according to research about 80% of trader loss money in margin trading so that mean only about 20% of trader who will make money. You can jump in to margin trading if you more skill and risk management, and its better only use about 5% of balance trading for that. If all crypto overbought, you did not should be going to crypto margin trading to short the price to make profit, but you still can do spot trading in stocks market.

cryptoking1981

jr. member

Activity: 47

Merit: 1

Quote from: Azima85 on July 24, 2018, 01:13:41 PM

I disagree that trading is gambling. However, I am sure that most people doing margin trading are essentially gambling. But, there are certain rules and strategies to trade which although will not succeed 100% of the time (nothing does), will ensure a great level of success nevertheless.

Can you please explain why you consider margin trading to be gambling and regular trading as just TRADING...

LOL, the only differenece is that you are controlling a larger position than you would normally could without leverage/margin as you are borrowing funds.

The difference and ONLY difference is the risk and reward. The probability of the trade being successful or not does not change wether you use margin/leverage or not.

Azima85

newbie

Activity: 97

Merit: 0

I disagree that trading is gambling. However, I am sure that most people doing margin trading are essentially gambling. But, there are certain rules and strategies to trade which although will not succeed 100% of the time (nothing does), will ensure a great level of success nevertheless.

webtricks

legendary

Activity: 1918

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Quote from: anhchangdeptrai13 on April 16, 2018, 12:37:19 AM

You write for peoples who intend to participate in the margin
What is your purpose in this market? Are you proving yourself a real investor ? You are not a glamber, right?
In this market, the boundary between gamblers and investors is very fragile
When you join the margin, you are turning yourself into a gambler. You simply do not have the patience to invest, you just want to make a quick profit. That is the mentality of the gambler. Today you can earn a lot, but certainly tomorrow it can also lost more.
They call it a financial leverage, but I call it a gamble. For investment, when your company goes down, if you still put your trust and hold it, it can go up and you can get back. But if the margin, when the long / short beyond your control, you will permanently lose money without getting back.
It's really gambling, I'm advice you not to try, The margin really addictive like gambling. It is not good if you are serious entering into the crypto market.
It will make you sleepless and you allways wants to remove when you lose. Trust me it's bad.

True! I tried margins many times and mostly the end results are negative. Following pump/dump groups, tracking news, investing prior to airdrops, etc etc are the example of hundred of cases where margin trading is nothing but just a gamble!

Alternatively, crypto investors should act smartly and should manage their money with diligence. We are blessed that we have thousands of coins to invest in hence there is no deficiency of choice. All one requires are deep insights, thorough understanding, reasonable expectations and lengthy investing period. Coin will surely give you return, maybe not 3-4x but surely around 10-30%.

Rupcrypto

newbie

Activity: 178

Merit: 0

Actually I think margin is not gambling but it very risky and not suitable for the new traders to do. You would not be able to make reasonable profit.

cryptoking1981

jr. member

Activity: 47

Merit: 1

Margin trading is most certainly not gambling.

As a matter of fact it is an essential tool for any serious and professional trader.

Yes margin trading amplifies gains as well as losses. Only use when the odds are in your favour.

All forex traders use margin/leverage. You would not be able make reasonable profits otherwise

maninas

jr. member

Activity: 126

Merit: 2

i think margin trade is not gambling, trade margin and trade without margin is the same using TA analysis and without using lucky like gambling because this real analysis
those who want to jump into margins should be really pro traders who already understand TA, when to stop, when to take profit and be consistent that's the real trader
There is no word addiction for traders who are only consistent because trade is not gambling

Roaid

jr. member

Activity: 42

Merit: 3

I can't agree with you. The margin is very helpful at some point. For the simplest example, in some moments where the market is extremely volatile, you need to trade to make a profit, but often your funds are not in the right place. Using margin at this time allows you to lock in profits, and then you can calmly mobilize funds to fill margin.
Margin is an effective financial tool, and the tool is neutral. You think that margin is not for you and it is dangerous. There is no problem. But if you think that margin is not suitable for everyone. It is wrong.

Leonard2016

hero member

Activity: 1036

Merit: 520

It is not like gambling but not very far from it , it has too much risks and i don't suggest it for new traders or even intermediate ones , just advanced one who are eager to take high risks.

googs84

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Quote from: anhchangdeptrai13 on April 16, 2018, 12:37:19 AM

You write for peoples who intend to participate in the margin
What is your purpose in this market? Are you proving yourself a real investor ? You are not a glamber, right?
In this market, the boundary between gamblers and investors is very fragile
When you join the margin, you are turning yourself into a gambler. You simply do not have the patience to invest, you just want to make a quick profit. That is the mentality of the gambler. Today you can earn a lot, but certainly tomorrow it can also lost more.
They call it a financial leverage, but I call it a gamble. For investment, when your company goes down, if you still put your trust and hold it, it can go up and you can get back. But if the margin, when the long / short beyond your control, you will permanently lose money without getting back.
It's really gambling, I'm advice you not to try, The margin really addictive like gambling. It is not good if you are serious entering into the crypto market.
It will make you sleepless and you allways wants to remove when you lose. Trust me it's bad.

In the first glance I dont understand whether you trying to make us safe with your statements up there or you just trying to demotivate everyone from using the crypto currencies. First of all, no one is going to leave the market based on your judgments and secondly I would like to ask you what you doing in the crypto market if you think that its not worth investing into it. Is it addictive ? Yes off course it is that kind of market and I just love it when I get the bucks for my car work into the crypto and it doesnt matter if I traded the money or gambled it or invested it anywhere. Its just all about the real profits that we get from it.

timbereagle

hero member

Activity: 881

Merit: 502

Nowadays Margin trades are decreasing in Bitfinex as market started to move widely.

you can check last 3-4 days margin positions decreased a lot (Both shorts and longs).

https://www.tradingview.com/chart/y3d9DwuF/

Topic: Margin : Never try (Read 322 times)