Bitcoin Forum

Hello, bitcoin community! I would like to share a link to an article about biggest leverage rates that bitcoin (and others as well) can have right now in the market https://www.cryptocointrade.com/trading-blog/where-can-i-trade-crypto-with-the-highest-leverage/. What do you guys think? Is bitcoin trading enriched by a 500x rate and have you ever used it on your own?

Leverage in trading should always be approached with reservation. Trading high above your means, usually pulls you out of a trade much faster.

Leverage moderately, a 1 - 100 leverage is standard, for me at least. The goal is protecting your capital and then making profits.

I would never touch this thing ever again. It is too risky and by the looks of it, it is being manipulated to liquidate you in the end. Hope I am wrong for someone elses trading.

I would never trade on x500 leverage at all, it would have too thin of a margin of error, even on a slightest drop in the price would mean you would lose your money. I mean drop in the price if you are doing long, if you are doing short than slightest increase would cash out your stand.

Which means whenever you put up your money on a 500 time leverage means it needs to go to the direction you are putting your money and never even a single cent backwards against your bet. Too much gambling for my taste on trading, if I am trading I want to trade on more conservative ways but even if I am going to leverage it I would prefer x10 at most.

Leverage trading is like having someone to give you a loan,that you could use for gambling.
I'm not saying that it's bad.It's a tool that can be used only by the experienced traders.
x500 leverage is insane.The crypto trading platform that offers such leverage would look kinda suspicious to me.

I think bitmex is the exchange with the highest volume of leverage trading, this type of trading is quite risky as one can easily get liquidated. I have never participated but when I was about getting introduced, I did the demo and a lot of persons that have started with their real account got a lot of their fund blown off. It isn't too risky

Wow you have guts. I only tried 100x but yes you're in crypto anything is possible so this can be a little acceptable. I would love to try that someday. I hope we can have some other options also in the near future.

I have trade forex using leverage system I think this article will be an added knowledge.  I see alot of leverage opportunity in cryptocurrencies market and my fear is that many people will jump into it without first try to learn how leverage trading work as leverage trading is very risky and I will advise that you should not go into it without adequate knowledge on how to trade the market profitability!

Even using up Bitmex is already suspicious.How more on this one having a 500x leverage? This is already not considered to be conservative and it do somehow acts as a gamble. Slightest movements opposing on
what you have set will surely blown your account in no time.If you do have the balls to burn of your money then these multiplier would be the best one.

500X is just silly, but I guess people love the thrill of gambling.. I think anything over 6-10X is just absolutely mind boggling risky and can't believe people go higher with any serious positions.  The leverage game is for big player manipulators with inside sources to the exchange, and everyone else is fighting over table scraps.

Leverage trading always carries a big risk, this is why I never want to use leverage trading. You better trade without using leverage because it will make you able to learn to manage risk management well.

For beginner trader is much better avoid leverage trading because this trading is very risky, and we have small chance to make profit.  For the beginner trader is should be first learn about spot trading. Use leverage more than 5 times is will be the same like betting and very hard to earn profit.

500x leverage ?? That too high leverage, i did crypto CFDs trading on the Metatrader and that broker only offer maximum 3x leverage. Others platform margin trading like Bitmex offer maximum 100x leverage, so 500x leverage that will be very high risk in margin trading and you will never win.

I really hope this dude understands what he is referring to as 500x leverage trading as that could get him burned easily. Leverage is a risky thing to do and then trying to get squeezed out pretty fast is even a more insane thing to do. Greed is what has led so many people to penury in the past, and as far as I am concerned this is just one aspect of it. Leverage trading is a risky thing to do on its own, and then setting the risk to a very high level is a mad thing to even consider doing.

Leverage trading actually is extremely risky and trying to increase the risk the more is like trying to deliberately shoot yourself in the head because of greed or whatever you think you are looking for. I would not even give 100x a chance no matter how tempting it could be, let alone as high as that ? That is insane !

Trying to go the leverage way is the fact that you can easily get liquidated if things do not go your way and as a trader, you should always know it is always a game of probability while using the tools available at your disposal and that does not mean those tools will always be 100% right as things can quickly change and you do not want to end up in the bad side at all.

You would be insane to trade anything with 500:1 leverage, and if you do that in crypto they ought to put you in a padded room in a jacket with sleeves that you can tie together. 

Leverage can and does make people rich, but it's also been the downfall of many traders--and even whole hedge funds.  I always give the example of Long-Term Capital Management (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=2ahUKEwjF_YDy5f7dAhXOMd8KHXkWDuYQFjAAegQIMBAB&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FLong-Term_Capital_Management&usg=AOvVaw3xdIOdIggm2mEsab7D1VCK) when I give my opinion on stuff like this.  They were a hedge fund chock-full of Ph.Ds and some nobel laureates, and they thought they had a fool-proof way of making money based on the Black-Scholes model of options trading.  The problem was that they used extreme leverage when they traded.  Everything was going great for a few years, and then the market got hit with a "black swan" event (I think it was Russia devaluing its currency) and they started to lose so much money that all of the counterparties on their trades--and everyone who invested in LTCM--almost went belly up.  Check out the book When Genius Failed by Roger Lowenstein.  It's a great read.

I'm not saying not to use any leverage whatsoever when trading crypto, but you've got to be very careful.  I'm of the opinion that it probably isn't the best thing to do for small traders and those with little experience in the market.

Using leverage is just another way to require you to learn risk management.

Using a large amount of your capital in a normal long position is a large risk, the same as using a very small amount of your capital at very high leverage is a large risk as well.  Let me explain:


Use 50% of your capital on one long position.  If the price drops 10%, you lose 5% of your entire capital.

If you use 10x leverage on 10% of your capital and the price drops ~10% you lose all 10% of the capital you risked by getting your position liquidated.


Using this example, you can see just how risky using large leverage can be.  The higher the leverage the more risky it is obviously.  Having 100-500x leverage is incredibly dangerous as even the smallest moves against your position can get you liquidated.

Leverage trading is most dangerous trading, high leverage can wash off your account with in few minutes, its better to trade with the actual amount, if one does not want to take much risk a fix SL can be placed inorder to limit the losses, Leverage trading can make more profitable with small amount but at the same time it can eat that small amount in a moment.

A trade with a big leverage causes you to lose all of your money with a small move. Surely you can gain more, but if your money is few, you can lose all of your money when it moves a little bit opposite direction you predicted.

The only time I've ever heard anyone trade over 50X leverage is when the person in question is purposefully gambling. There's so much risk in trading with anything over that amount that no sober and sensible person should ever consider seriously trading with such high leverage. There's a reason why people usually don't trade with leverage at all, or with a very little amount. I personally never trade with leverage, though if you'd like to experience it for yourself, it's always possible to try to deposit a small amount of crypto and trade with leverage on an exchange that supports it to get a feel for why it's so risky.

Spot trading is something a lot of people should always preferably use most especially in their early years of trading. Leverage trading is a whole risky and the OP talking about some 500x, I can imagine how fast it would eventually take for him before he gets liquidated.

People are always looking for a fast means to get rich and as far as I am concerned, that is just some greedy thing to do which could back fire hugely before you even say Jack. Leverage is like making a bet with the chances of losing everything and the bigger you go on the leverage, the more risk you are exposed to.

A whole lot risky, and it is always very funny to see people who really do not even understand anything about trading, trying to start trading the leverage way. Sure, if you know what you are doing and you are not greedy, leverage trading can actually be very profitable, but at the same time, if you really are not so careful, the possibility of seeing yourself getting screwed from leverage trading will always be there.

Leverage trading is something that requires a lot of discipline and attention as well as high level of carefulness and if you do not pay attention to that, the chances of getting liquidated completely will always be there.

I would never touch this thing ever again. It is too risky and by the looks of it, it is being manipulated to liquidate you in the end. Hope I am wrong for someone elses trading.

I think that the entire title was created with the purpose of advertising and used to direct users to a specific service. I would like to alert everyone here that you do not lose your money for such services. In particular, a high-volatility investment tool such as Bitcoin leverage to use the leverage, logic, as well as business is a very risky and lost guaranteed.

After some encounter and horrible experiences as shared by some friends traders, I do not want to hear the word nor attempt to try out what it means, this is the riskiest form of trading where one is likely to lose everything if care is not taken.

With a 500x leverage, you'll probably lose all of your money. Because if the amount of money in your account is small, it causes you to lose your money in the opposite direction. So, if you start with 2x, not 500x, it will be benefical for you.

Actually this is not something new. Because such big leverages exist in forex. But I advice to not use it, because of its riskiness. So personally I use leverage only in short positions and not more than 5x.

on bitcoin given its less stable behavior can be earned, because there are many ways to do this

indeed with little leverage we will be safer. but with little leverage we must be more careful, because it can result in automatic losses. means we lose money because trading is closed automatically

I think this work needs a lot of money to be able to make a high profit. And the cycle and manner of operation can change dramatically. I'm not an expert on this field so I can not make money from it. I need guidance from you. Please help me understand how to make this money.

I tried forex with such enormous shoulders, but you really need to know what you are doing, otherwise your deposit will vanish in seconds. In my opinion you should use 2x or 5x maximum on crypto market, don’t forget it is way more volatile than ordinary stock market or even forex.

I say no for Bitcoin leverage trading and i will not do it because i know the risk of margin trading is very high,  and this trading similar to betting, so will be difficult to make profit. There are other way to make money with more safe than margin trading, like spot trading stocks. In leverage trading will be more possibility our money going to zero but in spot trading is more safe.

It is just greed that usually make a lot of people to end up going big on leverage and then setting themselves up for a pretty huge risk than they can handle at all, and the funniest part of it all is that they still always end up not even paying attention to learning before even they start trading.

Leverage trading to me is actually more like complete gambling which if you are not careful the chances of losing all your money even though you can still get huge profit as well is always going to be there. Even while I was trading leverage, I have never gone higher than 20 xs.

I would never ever use the leverage trading option in crypto-currencies trading as there is just way too much risk involved on losing my money within a short period of time, the price volatility swing in crypto-currencies trading is much more larger than the stock market, and I think it is way too risky for traders to be using the leverage option in crypto-currencies trading, I would prefer to choose to play safe and trade at a much more slower pace rather than taking the risk to get myself into stressful financial situation.

Exactly and I don't think this is a right time for leverage trading as the market is really very uncertain and it is really difficult to protect the money and the profit in this market.People getting leverage comes into added pressure which forces them to take rash decision.

I'm scare to use leverage more than 25x. Most often it is 5-15x, not more.
Leverage is way to use not all deposit, just a part of it, so it minimize risks and increase profit. But only if you trade wisely.
500x is madness, only real psychopaths will use such leverage I think  ::)

0.2%, maybe few cents, price move in wrong way and you loose all. Undue risk.

Leverage is a double-edged sword because the current cryptocurrency market is hard to predict. Investors are very flammable account if leverage trading is very risky. Consider investing in the ability to not lose too much because anything can happen.

On Bitmex 100x leverage is the maximum you can get by using the slider, but you can gamble with up to 700x if you place a super tight stop loss. Not the best thing to do, especially when you know you're trading manipulated currency on a manipulated exchange with system overloads, but still more fun than playing roulette or slot machines. And yes, everyone thinks he will be the one who is going to catch the dip at the lowest possible point, this is why Bitmex insurance fund is growing each day.

Theoretically, it can be very interesting .. to bet small amounts at leverage x500 with a little luck can bring big profits. However, for me it's just a gamble, so what a difference if you play in the casino or with such a huge leverage. It depends on what you like .. For me it has nothing to do with trading.

That directly reminds me of newbies having used the 100x leverage feature on BitMEX for the first ever time. Some of them call BitMEX a scam because their entire position has been liquidated, which is pathetic.

It only points out how people don't know what they are doing. Anyone with brains never touches 100x leverage unless someone is out for a gamble and accepts the possibility of losing the initial trade value.

In this volatile market 100x leverage literally means that you can be wiped out a second after opening that position. Noobs will only learn to understand how leverage works after losing, and from there possibly never touch it again.

This is high risk and can make you end up with nothing and much worse "bankrupt".. Leverage trading is like being a high rollers in casino and borrowing money from sharks in the hope of winning bigger and thus making you in deep shit and so much trouble.
I personally againts leverage trading. Trading alone is already high risk and that's enough for me. I know many people ending up with nothing doing marginal trading and I don't like that to happen to me.

Are you sure there are any broker offer 500 x leverage? I will loss everything when use it. With high fluctiacion of crypto, the maximum leverage should be to use is 10 times and not more. I used broker of FX Open and they offer 3 times leverage, we should becarefull when trade margin trading and should be first try it in demo account to know the potential profit and the level of risk.

Not possible to make profit consistently in margin trading by use leverage 500x, even the most expert trader in the world. In my opinion the highest leverage for margin trading for crypto is 5x to 10x. If use more higher leverage than that is mean we are not doing trading but betting. Dont touch margin trading if you are beginner trader because probability to make profit just about 20% and loss 80%.

I have tried the leverage trading system on forex, this is a high risk if you try it on cryptocurrency, let alone bitcoin fluctuations where value changes can occur in seconds, I recommend trading normally without this system, 500x is quite crazy and this is gambling.

Use 500x leverage in trading is dangerous in crypto asset because the volatility of crypto asset is more high than others asset. 500x leverage is good to use for forex pair because forex market has lower fluctuacion. The good leverage to use for margin crypto trading is 3x. You will never make profit if use 500x leverage in crypto.

Leverage is very good to read and to know but, when we are actually trading one will understand the double sided sword behavior of leverage trading. I also prefer cross trading on Bitmex.

500x is not an avenue I would dare to try.  I am a fan of margin trading however, and similar to Bitmex there is a new crypto trading platform that also offers up to 100x on bitcoin called PrimeXBT.  The leverage applies to all cryptos available on the platform, and they only list the most popular assets (btc, ltc, eth, xrp, eos & bch).  This is surely due to the fact they've been around long enough to somewhat predict market trends and conduct technical analysis, as opposed to the more obscure and less well known/new coins.  For sure you need to know what you're doing if you go down the road of high leverage.  As mentioned a few times in this thread already, start small (2-5x) if you're a beginner, because those multiplied profits have the potential to turn into multiplied losses...  for this reason also ensure you trade on a platform that provides stop-loss and limit orders etc. to manage your risk vs reward and predetermine when you want to liquidate so you don't lose your entire initial investment - causing a margin call (more on this here if you're interested: https://medium.com/primexbt/how-to-calculate-proper-leverage-and-margin-call-price-on-the-primexbt-platform-c0c244048543 (https://medium.com/primexbt/how-to-calculate-proper-leverage-and-margin-call-price-on-the-primexbt-platform-c0c244048543)). 

This topic has already been discussed. If I remember correctly, then the majority came to the conclusion that trader should be a complete psychopath to trade with a leverage of 500x.

In this situation of crypto market which Bitcoin and others crypto seem oversold is better trade on spot market, because its will be more safe than leverage trading. With high fluctuacion can be we get more profit in leverage trading but the risk will be double as well. So dont use leverage for crypto asset because we have smaller chance make profit than spot trading. Leverage trading is more safe in forex pair because forex has lower fluctuacion.

You have a point here, buddy. 500x leverage is too much risky and we'll never know if they can easily manipulate your trades and liquidate you at the end. Honestly, using 50x-100x leverage is too risky for me. So, how come that rate?

Anyway, I've bookmarked the link you've provided. Seems that it contained more detailed information and guides on how to do margin trading.

I know this type of transaction and it is especially risky. This is really a game of chance and it is not an investment. You should not try your luck with big money, sharks will be ready to manipulate the value of a coin to make you lose and lose money. Only invest in small amounts, under $ 200.

I think leverage trading are in under estimated situation because a lots of people still do not use this type of trading method but that will be risky things also happened that's why resistor underrated trading method and it need to be more clarity and improvement then only people will choose this type of way to trade.

I don't have lots of connection with this type of trading method and the knowledge of me about this type was very low because cannot some people don't doing this type of method that's why I also don't know how to do it but when seeing this probably the chances of success is also here to trade the statement method.

Nahh. That was a crazy leverage system. I can't even imagine how much $ difference from out entry price would be the allowance for us to be liquidated. That system is made for the greed traders who doesn't know how to set and use the right amount of multiplier before such adjusting to the maximum.