Because of risks only? But I guess everything related to cryptocurrency involves risk. 
Topic: Margin trading. Where to start? - page 7. (Read 22623 times)
According to the comments there are not so many supporters of margin trading… Why’s that? Because of risks only? But I guess everything related to cryptocurrency involves risk.
Because of risks only? But I guess everything related to cryptocurrency involves risk. I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
A friend of mine has been doing margin trade of a long time already and he advised me that if you will go on margin trade you need to be sure with your position before placing because one wrong move then you might lose your money or you will be liquidated. In short you have to be good in reading chart or at least a good trader before doing so to avoid losing money.
100% agree. Since you are new to margin trading, start small. After you catch the trick of doing it, try to play with bigger amounts.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
First of all, don't do margin trading. Margin trading is how you make money fast. Stick to you what you have for now, especially if you are a newbie to the forum(so i suspect you might be a newbie at trading as well). I know that you are aware of the risks, i just want to remind you again that you can definitely lose a lot due to margin trading, and the interests that are charged are pretty high. By using margin trading you are playing a negative sum game.
Kraken has margin trading, so does poloniex. These are the two exchanges that I use often. Polo i don't use often anymore because it's got a lot of problems rn. Bitmex offers bitcoin derivatives and pretty sure you are able to trade with margin as well.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I only know that poloniex have margin trading. From what I heard it has a higher risk compared to your ol' trading. I know some people who benifit and actually are getting a lot of profit in it. The only thing I can say is, be prepare for the possible loss and only risk the money which you can afford to loose.There are actually lots of them offering margin trading if not to mention Poloniex. Among them are also CEX, Kraken, Bitfinex… That’s why I am a bit confused.
As i said, don't use polo. I wouldn't even recommend bitfinex because they seem to have issues every few months, not something you would like. CEX has high spreads, kraken is the best imho.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I only know that poloniex have margin trading. From what I heard it has a higher risk compared to your ol' trading. I know some people who benifit and actually are getting a lot of profit in it. The only thing I can say is, be prepare for the possible loss and only risk the money which you can afford to loose.There are actually lots of them offering margin trading if not to mention Poloniex. Among them are also CEX, Kraken, Bitfinex… That’s why I am a bit confused.
Start with Poloniex for first time. Cool graphs, low rate for loans.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I only know that poloniex have margin trading. From what I heard it has a higher risk compared to your ol' trading. I know some people who benifit and actually are getting a lot of profit in it. The only thing I can say is, be prepare for the possible loss and only risk the money which you can afford to loose.There are actually lots of them offering margin trading if not to mention Poloniex. Among them are also CEX, Kraken, Bitfinex… That’s why I am a bit confused.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I would say go to poloniex, but to be honest I didn't really enjoyed doing margin trading. I prefer to choose and hold long term altcoins or BTC. I think it's less risky and it gives nice profit as well. Also, although I recommended poloniex, I think they are very laggy, and that didn't help me when I was trying to do margin trading, since I was trying to do it on fast price movements.
There must be a reason why margin trading is not that popular in cryptocurrency although some exchanges are offering the platform. And it can be because, as told by some replies here, cryptocurrency is something that is a roller coaster ride and hard to plot and predict compared to forex and commodities.
Now, I fully agree, why create a headache when in fact we can just hold onto our coins and still make money? Or just use the normal trading system in Poloniex and Bittrex there is no need to go with margin trading at all. I do bought some coins especially newly introduced ones in Bittrex and it is a good way to increase one's hoard of Bitcoin.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I only know that poloniex have margin trading. From what I heard it has a higher risk compared to your ol' trading. I know some people who benifit and actually are getting a lot of profit in it. The only thing I can say is, be prepare for the possible loss and only risk the money which you can afford to loose. 
The first key of margin trading is not starting to margin trading. No, I'm not kidding. This is the reality. Most of the margin traders are losers who lost all of their money.
Is it true?I have not tried it yet.
Is there an explanation of how it works. I want to learn.
You should first learn that it is not risky, it is tricky. The risk is everywhere and you have to choose how much to take for the best possible profits. I am currently working on marine trading by investing on newly launched ICO's. These are very profitable because they are initially sold at base price with lots of giveaways and cheaper rates. When these are launched in the market their value changes and goes higher as lots of people already invest in it. This multiples the base price by 10 to 20 times higher and leaving you behind big profit as you would have invested with base price. That is just one simple trick but only works when it is ICO and it is being listed on some best wallets and exchanges around the market. This is also applicable for long term investment when you come to know that the ICO is popular and being invested regularly in the market.
if you want leverage trading go on Forex (400-500 leverage) where the "system" is safer... if you loss, you loss for bad choice not for lag, wallet offline, Blockchain congestion, site down, scam,bitcoin crack,ecc..
In forex you can find secure stop loss (only some brokers)... here nothing is secure... the probability that you loss all is very high.
In forex you can find secure stop loss (only some brokers)... here nothing is secure... the probability that you loss all is very high.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
A friend of mine has been doing margin trade of a long time already and he advised me that if you will go on margin trade you need to be sure with your position before placing because one wrong move then you might lose your money or you will be liquidated. In short you have to be good in reading chart or at least a good trader before doing so to avoid losing money.
Don't search where start.... search how to survive..
the best placed margin trading, if you want much profit but high risk too in poloniex
because in there volume transaction is big, move price up and down is big too
because in there volume transaction is big, move price up and down is big too
Thanx for starting this, I’m interested in the topic as well. 
I’ve read many reviews of different exchanges, but first-hand advice would be much better.
In case of CEX.IO, it is said they offer friendly solutions for margin trading even for beginners. Has anybody tried it?
I’ve read many reviews of different exchanges, but first-hand advice would be much better.
In case of CEX.IO, it is said they offer friendly solutions for margin trading even for beginners. Has anybody tried it?
Both poloniex and cex have this same risk-preventing system (some method of Proof of Solvency) - in fact, I would assume all platforms that offer margin trading have it, since it is firstly to protect themselves and the lenders, in the case of Polo.
With crypto markets extremely volatile, I would highly recommend a practice account on a forex platform first, using the same leverage, before ever trying out crypto.
I guess most traders are attracted in large part by volatility, and forget that there are actually two sides of cryptocurrency margin trading.
I was considering poloniex myself, as well as cex and coinbase. Now I am not sure about coinbase, of course. They definitely have hard times. So there are two options left - poloniex and cex.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.
Both poloniex and cex have this same risk-preventing system (some method of Proof of Solvency) - in fact, I would assume all platforms that offer margin trading have it, since it is firstly to protect themselves and the lenders, in the case of Polo.
With crypto markets extremely volatile, I would highly recommend a practice account on a forex platform first, using the same leverage, before ever trying out crypto.
I was considering poloniex myself, as well as cex and coinbase. Now I am not sure about coinbase, of course. They definitely have hard times. So there are two options left - poloniex and cex.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.
As for CEX.IO, they have another attractive option for margin trading. You can open a position with a collateral currency of your own choice.
Your choices are:
-Poloniex (not trustworthy, slow withdrawals and shady "DDoS attacks";
-Bitfinex (potentially not trustworthy, does not process fiat withdrawals except for very large amounts);
-Liqui.io (not trustworthy, accounts come with "interest");
-Coinbase (moderately trustworthy, but practically no customer support and some degraded services).
You have no 100% safe options.
-Poloniex (not trustworthy, slow withdrawals and shady "DDoS attacks";
-Bitfinex (potentially not trustworthy, does not process fiat withdrawals except for very large amounts);
-Liqui.io (not trustworthy, accounts come with "interest");
-Coinbase (moderately trustworthy, but practically no customer support and some degraded services).
You have no 100% safe options.
The first key of margin trading is not starting to margin trading. No, I'm not kidding. This is the reality. Most of the margin traders are losers who lost all of their money.
I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
I would say go to poloniex, but to be honest I didn't really enjoyed doing margin trading. I prefer to choose and hold long term altcoins or BTC. I think it's less risky and it gives nice profit as well. Also, although I recommended poloniex, I think they are very laggy, and that didn't help me when I was trying to do margin trading, since I was trying to do it on fast price movements.
I was considering poloniex myself, as well as cex and coinbase. Now I am not sure about coinbase, of course. They definitely have hard times. So there are two options left - poloniex and cex.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.
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