Leverage trading?

[moffer5]

Did anyone make heavy profits from 100x leverage trading?

[arpon11]

Did anyone make heavy profits from 100x leverage trading?

It is very risky and I tried leverage trade when I was trading forex and I think outside gambling, leverage is the easiest ways to have your entire capital wipe out within a second. I read a story online about ”a china trader that lose about 2000btc through leverage trading and at the end he committed suicide”!If you want to invest with rest of mind I will said you should do that through buying and holding. It is possible that you will lose money but it is still better than leverage trading.

[maydna]

Did anyone make heavy profits from 100x leverage trading?

Although I am not sure if there are traders who can make that big profit, I think that could be possible if traders use a big balance to trade. They can make that profit, but the risk will be big too. If we can accept the risk of leverage trading and we know that we can lose the money, then we can use leverage trading to make a big profit. But remember, you should have skills, and you can analyze the chart, so you know where the trend will go in the next few hours. Besides that, you need to stay calm, be patient, and don't greedy to make more profit. When you can make a big profit, just close your order and get out of the trade because you never know what will happen later.

[FrozenBit]

Did anyone make heavy profits from 100x leverage trading?

no, i have tried the x3 margin trading and since then i have not used it again.
Having the website gave me 10 BTC free to predict the test but I was completely wrong about my judgments. Besides, the exchange will often kill margin traders by discharging money to the margin traders heavier losses.
The margin trading is really very risky and I do not encourage you to participate in it.

[samcrypto]

Did anyone make heavy profits from 100x leverage trading?

I'm having a hard time using this kind of strategies and I think you can earn more if you are really willing to take the risk because in Leverage trading the risk is very high compare to the traditional trading. I haven't made any 100x profit on any of my trading, Its hard to achieve that kind of goal. If you new to trading then I suggest not to do leveraging, its ok to become a long term trader while you are just starting to learn.

[Dodoymabs]

Did anyone make heavy profits from 100x leverage trading?

I'm having a hard time using this kind of strategies and I think you can earn more if you are really willing to take the risk because in Leverage trading the risk is very high compare to the traditional trading. I haven't made any 100x profit on any of my trading, Its hard to achieve that kind of goal. If you new to trading then I suggest not to do leveraging, its ok to become a long term trader while you are just starting to learn.

Leverage trading to think is very good to hear due to its ROI is roughly high but it also can make such big loss if you don't know how to play with it. You're right that newbie should gather more experience before indulging into this kind of system. There's so many ways to earn profits and to be able see the wide range of it, we must see also the smaller picture. I mean, consider the little amount and never think of a bigger one.

[moffer5]

So looks like it is perceived to be quite a risky way of trading for many?

[passwordnow]

So looks like it is perceived to be quite a risky way of trading for many?

Yes it is. If you want to try just to experience you can but as you can see, majority is telling you that this strategy isn't for us, yes that includes me.

[AltcoinsBattle]

I once became interested in this opportunity. A professional trader familiar to me dissuaded me from such an attempt.
All write correctly. You can use leverage up to 1:4. But even such a lever is very dangerous for cryptocurrency, due to the high volatility.

[jacafbiz]

You will end up losing money in a volatile market like this using leverage up to 100X, Leverage is very good for discipline traders, who are not greedy to grow their profit but for newbies like this, it is simply gambling and you will end up losing everything and this type of trading should be discourage

[g.m.tyshenk]

Did anyone make heavy profits from 100x leverage trading?

Too much volatility. A trading strategy using 100x  leverage will put you in the poor house very fast. 

[The Sceptical Chymist]

I read a story online about a china trader that lose about 2000btc through leverage trading and at the end he committed suicide! 

Yeah, I read that story too.  I also know that a lot of traders--and even financial institutions--have gotten into serious trouble using extreme leverage.  And 100X?  That's insane.  Any exchange that lets you trade with that much risk is being irresponsible IMO, and they're probably sure any trader who does it is going to get wiped out.

I'm not a frequent trader by any means, but I've done my share.  Never have I used leverage, margin, or anything else like that.  I only trade with what I have, and I'm opposed to using "house money" to gamble with.  Yes, you can increase your profits that way but it's very risky.  And if you're trading altcoins?  Whoa.  That's a recipe for friggin' disaster.

[guoyu78]

Did anyone make heavy profits from 100x leverage trading?

It depends on the amount you are using to trade, if you are trading with so much money, I mean millions of dollars, you could say leverage may help, but quite extremely risky, as in too risky, and leveraging high is what usually lead to total collapse of people’s fund in trading, and I guess it was high leverage that made that Chinese man who committed suicide lose over $15 million dollars to trade.

If we are to take any risk of leverage at all, we really have to use our sense, and the best way to minimize risk of leveraging is to leverage low, if the leverage is low, and we have enough money in our trade Binance, there is no way we will lose even if the trade is temporarily going against us, but then, we still have to ensure that whatever coin we are trading should be a reliable one like Bitcoin.

[Oyarebu]

So looks like it is perceived to be quite a risky way of trading for many?

More risky than we think, one have to avoid it by all means. Although amn't good in trading but good in vestment, so, i simply buy and hold for profits which suit my type of individual. Never to try what burnt others becasue it can happen again to anyone.

[arpon11]

So looks like it is perceived to be quite a risky way of trading for many?

Never to try what burnt others becasue it can happen again to anyone.

I do first of all appropriate your kind gesture by merits my post and @Dbshck, may you remain blessed. Coming back to you comment: I read online of a comment made by one of the African leaders, The Nigeria current Vice President, osinbajo,  that " only unwise men learn from experience"! So many people misinterpreted him then but he late explain that "it is risky to wait and learn from your experience and it is wise to learn from experience of others"! Like so many people have said,  if you did not know how leverage trade works it is advisable to avoid it and just focus on holding if you must invest into cryptocurrency.

[moffer5]

What if there is a way to minimize risks to a minimum while still enjoying profits from 100x leverage seconds trading?

Would that change your perception of it?