Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
Well technically with leverage, you can do it like pretty easily but you are risking 100x times more Imagine, for example with 1 BTC you could technically wait bitcoin to drop $1000 before you lost your 1 BTC With 100x leverage, a $10 drop and you are done. I've lost almost 1.6 BTC due to using full leverage and go all in Next, notice on the taker fees (meaning you long/short instantly from the order book instead of creating an order and wait) You are not paying just the fees that you pay for your margin You are paying the fees for your margin x 100 times Meaning 0.075% If you are using 1BTC as a full margin and leverage 100 time The fees you are paying is 100 BTC * 0.075% = 0.075 BTC just a fee for Opening the order. If you close the order by market, you are paying another 0.075 meaning You just lost 0.15 BTC from just the fee! Hence, take note on the fee and how leverage could potentially make you more loss than profit |
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hi guys i just wanna ask if it is still practical to hold or use tether now, because im hearing negative issues that it might collapse soon coz its centralize and can be created without backing of real USD?
What are your thoughts?
Well, USDT has been having a long time accusation on their holdings because they couldn't show or proof their audits I believe it might still sustain in the space for a short terms as it is still one of the famous USD Pegged coin (From what they have said) But time by time, i believe TRUEUSD could perform well and replace USDT in the long term TrueUSD is regulated and it is escrowed by auditing firms which shows more transparency |
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Yeah, i mean if we already have tons of great crypto in the scene, why do you need more? If 1000 project, only 100-200 manage to survive meaning more and more ico is just a waste However, there are still certain ICO that perform pretty well and manage to crowdfund good amount of fundings So i would say it depends alot on the project itselfs |
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Lets hear it guys, what do you think? I think Stratis or Qtum will go 30-50 times.
Stratis have half a marketcap of QTUM At one point, Stratis was one of the FOMO coins where it pumped like crazy and everyone was chasing it because it offers blockchain solutions which is what the real world needed But at one point i think they delivered their update late based on the roadmap And it stop the trend where people buy it and everyone went to some other coins However, Stratis does have a good fundamental here as it offers end to end solution for people who wanted to get into the industry Thus, i believe Stratis can go up pretty fast but 30-50x take time tho |
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December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.
What is your biggest cryptocurrency mistake???
Seeing that coins that announce burning its supply and supply burning push the coins by multiple fold So i bought into a potential coin which is Darcrus, technically that coin is awesome, have good fundamental and dedicated dev FYI: Mercury, a coin on waves is also one of the asset/crypto from the Sigwo Tech(Darcrus main company) On the day of supply burn, price actually push by almost 70-80% and even up to 100%+ on its ATH pump But because of my greed which i wanted a 3-4x, i didn't sell and now it dip below 1000 sats xd I bought at 10,000 sats+ |
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If you want to invest for a long time, then I advise you to consider Ethereum and Bitcoin. If you want to get a faster profit, but with a high risk then pay attention to Cardano.
Good advice here Considering Bitcoin Ethereum as a starter investment pack when you have no idea what to invest Once you learn and manage to find out the pros and cons of each blockchain or crypto, go for coins like IOTA, Cardano, EOS and even smaller cap crypto But never go all in tho |
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Learn, read and express your opinion
First, read and learn what others have said, and try to learn how blockchain works(definitely) because it is crucial to understand the entire crypto space
Then, once you have learn and have your view, express out and discuss
Its a forum here so technically opinions are not right or wrong
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I invested $85 into ethereum yesterday and after couple hours I lost $10 ,,,does it mean it's not the best time to invest yet and secondly I'll like to ask if that amount is good enough to invest in such a stable coin
Well crypto is volatile and it doesn't ensure you that it will grow in a short term It can go sideways meaning up and down Hence, as long as if you don't sell, you still own the exact amount of ETH meaning no matter you buy 1 ETH at $100, $500 You still hold 1 ETH regardless of how the price moves |
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all altcoins goes down rapidly are we seeing the coins disappear?
what are the things we need to do?
this are just questions running to our heads now that the coins
are going down, we see reds everyday since 2018 enter all the bad things happen
feel free to share your thoughts on this
Wait for market recovery, and reenter Or if you are intending to hold for a long term and believe crypto will recover Dollar cost averaging it, meaning buy every time it drops and fill your bag When market returns you could make a handsome profit |
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Guys all hi! As think what 3 coin would make X10?
my list
1) EOS
2) CPX
3) ESP
Interesting that you think!
EOS have high chance based on how the DAPP traffic increases over time and it seems to be able to scale faster compare to ethereum Not sure about CPX and ESP tho |
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Didn't follow and know much on Lisk after getting to know ARK
Was previously a Fan of ARK and can anyone tell me the major difference of Ark and lisk? I know that ARK forked from Lisk and made a major revamp there
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$6000 seems like a strong support level there
It is hovering around that level for quite some time
$6000-$6600, trying to break $6,800 and we will be heading to 7,000 i believe
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what's your problem when you undergo a bounty? or can you say what obstacles do you sometimes feel lazy to do or work on a bounty? perhaps all of you have some obstacles which you can share here and might be useful for others. please share your experience  The major problem with bounty now is that most project are not genuine, all they want is just people to promote a scam project for them Then second it is hard to find good project which pay wells Now most traditional business are using crypto to fund their project but the problem is most of them wanted more than 51% but they have no idea decentralize is what make crypto valuable |
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Well if you would hold 9.5 btc, you would have more eth now as Ethereum price depreciated again Bitcoin
Somehow, making a 50% 50% between coins is kinda a good choice
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There's chance
Ripple is one of the most looked coin after Bitcoin and ethereum
It is kinda a very good crypto at least for Bankers and institution that wanted to do remittance
It offers cheap and fast service compare to Telegraphic transfer which normally cost $25 or more and take around 2-3 days to sent
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Yes
I believe Ethereum will outperform Bitcoin marketcap during 2017 lol but it didn't happen xd
However, i do believe Ethereum will definitely bounce back, the project is developing and having network cycle upgrades
Meaning it will become stronger and stronger and scales better
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Im currently invested heavily into bitcoin, waves, and shift.
what are 3 good altcoins to look into that will see great return within the next 3-6 months.
Its over almost close to a year since the post opened I still believe waves could perform really great I am a shift believer in the past year and didn't follow on their project anymore Anyhow 3-6 months from now ICON Zilliqa WTC is what i am holding, ICON/Zilliqa is one of the big bag i am collecting |
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definitely
This is the revolution of the financial and tech industry
You combine both, enhance the features, speed up efficiency and cut down workload
Blockchain, crypto are here to stay. If it can stay for 10 years since 2007, it can stay 10 years starting from 2018
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Pretty unlikely
It is very hard to drop multiple fold unless the entire ETH blockchain just got stuck or hijacked
Else, even if Vitalik is not the founder and quit the project, dropping to less than $100 take a long time
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I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing. The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!
Of course, techs get introduce and replace rapidly, same towards Crypto because it is still a tech stuffs Most people believe that at least 80-90% of coins will get remove/faded off because it is not useful or not needed However, altcoin price drop but number of altcoin increase showing more and more business are getting into it, somehow it is a good sign |
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