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Topic: Question about futures - page 5. (Read 829 times)

hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
February 28, 2024, 03:32:32 PM
#4
If you invest €100 into futures trading now with 3x leverage and let's say you enter a "buy /long" position, you will likely get liquidated when the price of bitcoin drops to $39k+, and with the current bull trend, I doubt if the bitcoin price will dropbelow $40k any time soon, but note that the price of bitcoin is dynamic and could go against the speculated price. So, if you enter a "long" position right now with 3x leverage and the price doesn't fall below your liquidation price, you can hold onto the trade for a long time until the price gets to $70k and keeps surging high, then you can take profit if you want. 

Trading is risky, keeping money in CEX for a long time is also risky. If you think you can handle the risk, you can go for futures, but if you also want to be on the safe side, you can buy and hold in your self-custodial wallet. The bitcoin price will definitely hit an new all-time high, and you will make a profit if you are holding. If you can also risk entering a long position in futures trading and the price goes as speculated, you will still be in profit. 
sr. member
Activity: 602
Merit: 295
February 28, 2024, 03:15:38 PM
#3
First of all move topic trading discussion board.

There is a difference between trading and investing in bitcoin. Trading is much more difficult and risk than investing most especially the future trading which involves margins or leverages. Adding leverage increases the reward of your holdings because it increases your position and it also increases the risk of liquidation.

As Someone without knowledge of trading even if you have with this small capital, I will warn you against trading and advice you to just create a custodial wallet and buy bitcoin and store there for as long as you want without the fear of liquidation
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
February 28, 2024, 03:08:39 PM
#2
I have a question... do you think it's a good idea to invest BTC in futures now? With 3x leverage so as not to run as much liquidation risk?
If bitcoin is at $60000 and you long it with 3x, the liquidation would be around $40000. If you can take the risk, you can go for it.

Or do you think it's better to put my €100 in a wallet and wait?
The exchange that you use for the future trading can be hacked
I do not think bitcoin can go below $40000 again but anything is possible
You may think to increase the leverage which might lead to money loss, that is future trading.
newbie
Activity: 12
Merit: 0
February 28, 2024, 03:02:00 PM
#1
Hey guys!
I have a question... do you think it's a good idea to invest BTC in futures now? With 3x leverage so as not to run as much liquidation risk?

Or do you think it's better to put my €100 in a wallet and wait?

Thank you for the help!
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