The use of leverage to play contract will make money?

gwdf1

full member

Activity: 680

Merit: 103

Quote from: RussianEnglishTranslation on August 18, 2021, 03:07:16 AM

Watch out buying projects that dump, the project could be dead and never recover. It's easier to make money in DeFi or staking. Instead of trading your cryptos, why not take loans against them? I know that soon you will be able to do this on NEAR protocol with OIN and stNEAR.

I agree with you that it will be much less nervous to try defi, staking or holding than to use leverage. It might work in good time and give a good profit, but even small minuses will be big minuses in your capital, so I don’t consider this strategy to be quite sensible. Moreover, crypto market is too volatile, so fluctuations by 10% a day are quite common.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Watch out buying projects that dump, the project could be dead and never recover. It's easier to make money in DeFi or staking. Instead of trading your cryptos, why not take loans against them? I know that soon you will be able to do this on NEAR protocol with OIN and stNEAR.

noorman0

hero member

Activity: 1764

Merit: 696

[Nope]No hype delivers more than hope

All traders want big profits. Unfortunately, instead of building their own portfolio, some novice traders are too eager to take up offers of cooperation from random people who previously only gave simple advice.

Quote from: ajhsjzxi on August 17, 2021, 08:46:15 PM

His method is very simple, just buy in the event of a big drop.
It rose sharply, and he sold it again, basically buying it right.

Unemployed can also say, "if you don't have money, look for it".

About your previous offer https://ninjastic.space/post/57713290
Can't wait for your next offer Roll Eyes

laurenB7742

full member

Activity: 1302

Merit: 129

Vaccinized.. immunity level is full.

Quote from: ajhsjzxi on August 17, 2021, 08:46:15 PM

I tried his method and made $500,
If you also want to make money by playing cryptocurrency contracts, we can communicate together.

You are a newbie here & in your second post, you are attracting people by offering profitable Leverage trading. Which is considered as the most sensitive part of online trading.
I can guess you are very new at this business and just entered in very good time & didn't see the face of bad time.
Trading on margin works both ways, in bullish market leverage works good but when the correction will appear, all of your capital, including profits will be disappeared before you log in to your exchange/broker account.

If you use 2x S&P 500-ETF and suddenly S&P dropped to 100 points, that means you will lose 200 points before you close your trade. If you short your contract you will lose everything, if you prolong the contract then possible to overcome the loss. But, most often pro traders are also forced to short their contracts.

I just showed 1 example but there are 100 causes to lose your capital in margin trading. So, using leverage while trading is profitable, but it is not for noob like you it is for the pro traders.

lumierre

full member

Activity: 862

Merit: 100

Quote from: ajhsjzxi on August 17, 2021, 08:46:15 PM

Recently, many people have started to do contract transactions. A friend of mine made $30,000 on the contract.
His method is very simple, just buy in the event of a big drop.
It rose sharply, and he sold it again, basically buying it right.

I tried his method and made $500,
If you also want to make money by playing cryptocurrency contracts, we can communicate together.
For cryptocurrency contracts, what are your good ways to make money?

Actually, this strategy is as old as the world. Many traders try it. It works only on bull runs after a big drawdown and even then not always. It is not very easy to predict if this altcoin will recover or not. Sometimes you do research and consider this investment to be quite reasonable, but it is only your thought and others don’t like this coin so much, that is why it is only falling without recovering.

ajhsjzxi

newbie

Activity: 2

Merit: 0

Recently, many people have started to do contract transactions. A friend of mine made $30,000 on the contract.
His method is very simple, just buy in the event of a big drop.
It rose sharply, and he sold it again, basically buying it right.

I tried his method and made $500,
If you also want to make money by playing cryptocurrency contracts, we can communicate together.
For cryptocurrency contracts, what are your good ways to make money?

Topic: The use of leverage to play contract will make money? (Read 100 times)