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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: applications of having two opposite position on one token (hedge mode) on: May 03, 2020, 01:15:36 PM
On Binance Futures in hedge mode, we can have two opposite positions (long and short). What's the point of using this feature while the net position is either long or short. For example if I hold a $1000-long and a $300-short and the price goes down, I will lose the same amount of money as I just hold one $700-long.
1000 - 300 = 700
Even if we want to open the second position (opposition position) as stop-limit in a specific point, it's the same as setting a stop loss and reducing (or totally closing) our position. That is again one position.

It is not there for people to use both. It is there for people to use either one. Or going long or going short.

Hedge mode is spedifically designed to go both. One-way mode is designed to go one way. You can read Binance help
2  Alternate cryptocurrencies / Speculation (Altcoins) / applications of having two opposite position on one token (hedge mode) on: May 03, 2020, 04:28:20 AM
On Binance Futures in hedge mode, we can have two opposite positions (long and short). What's the point of using this feature while the net position is either long or short. For example if I hold a $1000-long and a $300-short and the price goes down, I will lose the same amount of money as I just hold one $700-long.
1000 - 300 = 700
Even if we want to open the second position (opposition position) as stop-limit in a specific point, it's the same as setting a stop loss and reducing (or totally closing) our position. That is again one position.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why they don't list alt/USDT pairs? on: September 13, 2018, 11:05:45 AM
simply because of lack of demand!

most of these altcoins you saw already had an alt/USDT pair but nobody ever used them so the market was just there with some open orders that never got filled and only took up (wasted) space in their database so they removed the market.
but sometimes they know there is no demand for such markets so they don't even bother adding them in first place.

you see people want to trade with their bitcoins because they want to make profit on their bitcoins and increase the amount that they have. they don't want to increase their "USDT"! because at the end of the day 1 USDT is either 1 USD or it has finally collapsed and died. but 1 BTC was worth $500 in 2016 and $1200 in 2017 and now $6000 in 2018 and will be a lot higher as we go forward.
You are right, but other coins are being developed and may take place of BTC in near future so BTC may start to lose its value. BTC is just another crypto (with some issues). So BTC may also start to collapse. As you see, BTC dominance is variable, so we may see some day BTC dominance is 1%.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Why they don't list alt/USDT pairs? on: September 13, 2018, 06:32:10 AM
They use alt/BTC pairs and there are very few coins with alt/USDT pairs, so in order to trade a coin, we need to always have BTC, but BTC itself has huge fluctuations and at the end of the day we don't know where it's going to be stabilized, especially if we are investing for relatively short time.
I emailed Binance, but I didn't receive any response. Why they don't use Tether pairs?
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the ETF be approved? on: July 24, 2018, 02:56:36 AM
Our most optimistic source, coming from the CFTC, said the following:

“I would call it 90% at this point. The crypto markets have moderated and regulators have watched the lack of drama surrounding Bitcoin futures across several global exchanges. The price moderation and adoption of a ‘peer product’ is what the conversations have centered around. In January we were justifiably concerned about a bubble and the harm a quickly approved product could attract speculators and create losses that led to significant lawsuits. Now, those factors seem to be mitigated significantly.”

The second source, a former SEC employee who left the regulator two weeks ago, had this to say:

“I would expect a positive outcome in September – or if it gets strung out a little further it is simply a few ‘dotted i’s and crossed t’s’ are being finalized on larger regulatory language in the crypto space. To be clear, most of the regulation will be first focused on ICO’s and the issues those pose for retail investors at the moment. US residents are sending money to all sorts of exotic locations to invest in unregulated instruments with absolutely zero recourse for losing every cent they’ve put at risk. ICO regulation will begin to solve those issues and keep client assets ‘onshore’.
6  Other / Archival / BTC ETF gets approved or not? on: July 22, 2018, 09:53:30 AM
Please give your reason.
Thanks.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 5 tips for cryptotraders! on: July 05, 2018, 07:38:32 AM
Good point about exchanges. You can find more about them in this thread:
https://bitcointalk.org/index.php?topic=3364100.0
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Had bad experience with any exchange? on: May 08, 2018, 02:01:25 PM
results so far:

good:
Binance
Bittrex
kucoin.com

bad:
hitBTC.com
yobit.net
Polo
Cryptopia
coinexchange.io
9  Alternate cryptocurrencies / Speculation (Altcoins) / Had bad experience with any exchange? on: April 21, 2018, 01:18:22 PM
The first exchange I used was Cryptopia which is awful. Terrible! You can read about it in this forum.
That’s why I stopped using it and shifted to Binance. But there are some coins (with good news associated) that are in exchanges other than Binance. Have you ever had any issue with these exchanges? I especially want to know about these guys:
kucoin.com
hitBTC.com
huobi.pro
tidex.com
coss.io
coinexchange.io
livecoin.net
Feel free to talk about other exchanges too. I appreciate sharing your experience. I’m sure you’re not a financial adviser!
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