I just went through the article. While it was written well, the information there might be misleading because it only talks about the good stuffs that margin trading has to offer but not the risks associated with it. In my opinion, it is always better to tell the two sides of the story so people can make an informed decision.
I do trade with margins and futures. Just as they have an increased profit potential, they also have the tendency to go sideways and bring about huge losses.
Topic: Why You Should Trade Crypto With Leverage - page 3. (Read 579 times)
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
Leverage trading success stories are sometimes paid too because the exchange wants to attract new traders and give them the bait of leverage which is why there are so many success stories in the market. I have done leverage trading myself and I can comfortably say that it is not easy because a small swing of the market can make you sweat and better to just trade with your own capital and avoid leverage.And those users who are hype by that story will do the same as said in that story to leverage their trading and what happens next, they're all gone, the money's gone and they've been liquidated.
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Today we discuss why we think trading with leverage is a good idea, come check it out here: https://steemit.com/crypto/@brokaine/why-you-should-trade-crypto-with-leverage-in-south-africa
This is too risky and many loss their money out of their control in reality, Leveraging is only to those who have money and afford to lose money, a risk taker that can take that much. The article says the good side of Leveraging and of course, there should be the bad side and mostly trader are easily losing their money because of this Margin trading, i still recommend to trade on your own using your capital that you have and own your timeline. Today we discuss why we think trading with leverage is a good idea, come check it out here: https://steemit.com/crypto/@brokaine/why-you-should-trade-crypto-with-leverage-in-south-africa
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
Leverage trading success stories are sometimes paid too because the exchange wants to attract new traders and give them the bait of leverage which is why there are so many success stories in the market. I have done leverage trading myself and I can comfortably say that it is not easy because a small swing of the market can make you sweat and better to just trade with your own capital and avoid leverage.The bottom line, trading with leverage is not recommended to those newbies who think that earning decent money out of it is just as easy as 1,2.3. If by any means they don't know how to leverage trading works, they should try to understand the risks first then decide to themselves if they will take a shot of it or not.
Also people must consider which exchange they are using to do this type of trading and read their terms and conditions because you don't want to pay higher interest while better exchanges exists that allow this at very reasonable rates. 
Honestly, from a technical point of view, it's not actually wrong to trade crypto with leverage "as long as people don't just know the basics but rather the whole idea why they consider doing that".
In the article shared by OP, I don't see much information about the reasons why people should trade with leverage. The list was full of quick pointers so I should say, just a summary and to bring viewers to the article. And in the last part, an advertisement of a crypto leverage trading platforms that claimed to be one of the top in South Africa.
The bottom line, trading with leverage is not recommended to those newbies who think that earning decent money out of it is just as easy as 1,2.3. If by any means they don't know how to leverage trading works, they should try to understand the risks first then decide to themselves if they will take a shot of it or not.
To say that even including the inexperienced traders, you are putting them at their huge loss and disappointment. I'm not an expert trader but leverage trading isn't for me. I understand the risk and reward that it contains but I'm more careful with the losses.
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
All things does have different side and some people do only focuses out to show the positive ones without giving out or even tending to make some warnings or some sort that leverage/margin isnt really for anybody.
Yes, this one can really give out enormous amounts of profits once the price did really go up on what you had anticipated but to think that it will be doing the same thing when the price is going to the opposite direction.
When someone do decide to dive in leverage trading then they should at least have the idea on how all thing works in spot trading.It is different but the entire scheme is just the same.
They do only differ on the level of risk involved.If someone can embrace such risk then its their choice to do so but be sure that youre ready on dealing with it.
To say that even including the inexperienced traders, you are putting them at their huge loss and disappointment. I'm not an expert trader but leverage trading isn't for me. I understand the risk and reward that it contains but I'm more careful with the losses.
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
I've seen several stories online that they do profit with leverage but I've seen sad stories as well which made me think to stay on the conventional way of trading.
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Today we discuss why we think trading with leverage is a good idea, come check it out here:
I read what you posted on that article and you only present one side of the coin, you only present the good aspects that make margin trading attractive and why many people try to use it on the first pace, why do not we talk about the other side, if you lose 10% in a single trade if you leverage that with 10x then you lose all your capital, and if you use 100x then a 1% loss is enough to wipe out your account.Today we discuss why we think trading with leverage is a good idea, come check it out here:
I think you are taking the wrong approach here, the question should be who can trade using leverage and do it without destroying their accounts in days or weeks? And the only ones that can do that are expert traders, newbies should stay away from it until they have showed themselves they can make money consistently on the markets and they have a solid money management strategy.
Yes he didn't say that the leverage can also amply the loss not to mention that its hard to do it on exchanges particularly in binance because you have to be in the right page, right button and then shift to another page to place the order. Train yourself well because its risky and not as intuitive as spot market interface.
Remember that the loan will have an interest and when you execute short/long, you risk yourself with margin level which you don't wanna get liquidated.
Everyone assumes that people "should" be doing something but this arrogance that caused by "I know it better than some stranger online" was created in the past 10 years alone, before that humanity wasn't like this, nobody assumed that they would know more than a stranger, they assumed they would know more about something than a person they know but not really strangers, maybe you are talking to someone who is an expert financial class professor in a top notch university? You would never know that.
Leverage is known, you can go google and see what leverage is if you do not know what it is, to tell people they should be using it is really a bad move and sounds horrible, it is quite risky and you could make a ton of money with it but you could also lose it all and some people do not like that, including me.
Leverage is known, you can go google and see what leverage is if you do not know what it is, to tell people they should be using it is really a bad move and sounds horrible, it is quite risky and you could make a ton of money with it but you could also lose it all and some people do not like that, including me.
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Today we discuss why we think trading with leverage is a good idea, come check it out here:
I read what you posted on that article and you only present one side of the coin, you only present the good aspects that make margin trading attractive and why many people try to use it on the first pace, why do not we talk about the other side, if you lose 10% in a single trade if you leverage that with 10x then you lose all your capital, and if you use 100x then a 1% loss is enough to wipe out your account.Today we discuss why we think trading with leverage is a good idea, come check it out here:
I think you are taking the wrong approach here, the question should be who can trade using leverage and do it without destroying their accounts in days or weeks? And the only ones that can do that are expert traders, newbies should stay away from it until they have showed themselves they can make money consistently on the markets and they have a solid money management strategy.
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Today we discuss why we think trading with leverage is a good idea, come check it out here: https://steemit.com/crypto/@brokaine/why-you-should-trade-crypto-with-leverage-in-south-africa
Today we discuss why we think trading with leverage is a good idea, come check it out here: https://steemit.com/crypto/@brokaine/why-you-should-trade-crypto-with-leverage-in-south-africa
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