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Title: BTC- MT4 leverage Post by: toomsie on November 16, 2013, 11:58:30 AM I had a look at MT4 client for BTCE. I noticed the mention of leverage, which is a Forex thing.
BTC doesn't have leverage. Leverage is dangerous BTC market might be highly attractive for Forex newbies but generally most Forex users are suckers. That's why I am in a bitcoin forum not trading forex. Title: Re: BTC- MT4 leverage Post by: B!tC0in on November 16, 2013, 09:45:02 PM "Leverage" is just a word used to denote an increase in both the risk and reward of your investment. Buying a mining rig/mining shares with BTC is leverage, buying futures on ICBIT is leverage, betting on BTC to reach a certain price on betsofbitcoin is leverage.
Leverage isn't a 'forex' thing and it isn't necessarily dangerous, its just risky. Although most forex trading platforms are for suckers, charging huge margins. Title: Re: BTC- MT4 leverage Post by: toomsie on November 18, 2013, 06:13:48 AM Thanks
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