Title: 100x on BitMEX or GTFO Post by: maybeweidai on March 28, 2018, 02:57:49 PM So, guys, who using right now this exchange when you can trading with leverage from 10 to 100x?
My experience is from 1.59 BTC to 334.12 BTC during March. There i was trade only 14 iterations with 100x leverage for each trade. Please, anyone who can do like this results reply your experience and tips. Learning is power. Power is knowledge. Title: Re: 100x on BitMEX or GTFO Post by: P2Pfinder on March 28, 2018, 03:08:30 PM High leverage trading is high risky, expecially on crypto where average movements are really high
So, guys, who using right now this exchange when you can trading with leverage from 10 to 100x? My experience is from 1.59 BTC to 334.12 BTC during March. There i was trade only 14 iterations with 100x leverage for each trade. Please, anyone who can do like this results reply your experience and tips. Learning is power. Power is knowledge. Title: Re: 100x on BitMEX or GTFO Post by: Jake2134 on March 28, 2018, 03:30:12 PM Be aware that in trading on high leverages is risky and i recommend to trade at a x25 leverage because it's less riskier but i want to go margin in Bitmex because i just feel more comfortable on it.
Title: Re: 100x on BitMEX or GTFO Post by: BitHodler on March 28, 2018, 03:56:40 PM That's just insane. People more often than not make it seem like it's easy to book profits like that, but it isn't. In the same way you can make a lot money, you can lose it equally as fast. It's 100% gambling mostly.
I can see a leveraged short trade to be somewhat less risky at the moment the market is about to tank, basically like what happened after the all time high in December, but that's about it. Going 100x leverage in this market can tank your entire balance in an instant. If people accept this form of gambling, then that's of course their choice, but this has nothing to do with trading anymore. |