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Author Topic: Converting 1 BTC to 100 BTC  (Read 2535 times)
ericaltm
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July 11, 2018, 04:19:37 PM
 #21

To be safe, never use leverage or margin trading. Just stick to the traditional way of trading.

However, if you are really interested in this topic, make sure to read at least 5 books about it to know but also understand the risks of this. Not saying it is bad, but for new people thinking it is quick easy money, that is not the case

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July 11, 2018, 04:34:02 PM
 #22

Of course, this is possible, but at the same time, the risk of losing your 1 BTC is a hundred times higher, so do not risk so much and trade cautiously.
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July 11, 2018, 07:03:54 PM
 #23

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
to do and decide everything you've seen and do research first, anything you see on YouTube is not necessarily true and you need to be more careful to make decisions, and make no mistakes and be easily tempted by what you've seen, if you think it does not make sense, and it will risk big for you, better do not do all that, before you are not too late.
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July 11, 2018, 07:05:12 PM
 #24

To be safe, never use leverage or margin trading. Just stick to the traditional way of trading.

However, if you are really interested in this topic, make sure to read at least 5 books about it to know but also understand the risks of this. Not saying it is bad, but for new people thinking it is quick easy money, that is not the case
Investing in knowledge to gain real insights in this market is essential if investors determine long-term participation in this market. There are many effective ways to invest in this market and to be successful the investor needs to be really professional in that area.
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July 11, 2018, 07:13:00 PM
 #25

Do not be too risky, and do not be tempted with amazing profits, I would only advise to invest in some of the best coins then after growth happens it will be very good for you, it is necessary for people to have knowledge in trading, not easy 1 Bitcoin to 100 Bitcoin, it is a very big money, I personally will only build my own portfolio for future savings.

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July 11, 2018, 07:14:03 PM
 #26

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

You should have at least give us the Youtube link so see its claim. As most of posters said, its possible but a lot of risk is involved here.  And its not for the faint of heart. As for leverage trading, you really need a lot of experience and at least advance TA to understand how the price moves and not just a simply stop/loss here. If you are not that confident, I advise you to totally forget this idea of turning 1:100 BTC. Better do normal crypto trading as most of us are doing and it also giving us good dividends.

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July 11, 2018, 07:36:58 PM
 #27

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

Possibility yes but for how much is the chances.... that's the question. Maybe 5%, 3%, 1%, 0.5% or even at 0.00001%.

Don't just be easily amazed to that kind of activity as if that's how simple to earned then you must see majority of traders doing that. Please set your mindset to the closest thing that can ever be happened so that you are bound to improved your strategy for every trades you will make.

High risk, high reward  but don't waste time to a risk that is not worth to take a shot.

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July 11, 2018, 08:07:07 PM
 #28

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

You should have at least give us the Youtube link so see its claim. As most of posters said, its possible but a lot of risk is involved here.  And its not for the faint of heart. As for leverage trading, you really need a lot of experience and at least advance TA to understand how the price moves and not just a simply stop/loss here. If you are not that confident, I advise you to totally forget this idea of turning 1:100 BTC. Better do normal crypto trading as most of us are doing and it also giving us good dividends.

Here is the link
https://youtu.be/6H5se1NpmFw

But the video is in Hindi language he discussed all the aspects of leverage trading
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July 11, 2018, 08:07:46 PM
 #29

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

Converting 1 BTC to 100 BTC and that too from some youtube videos, I don't think so it possible or it is practically done by anyone within a short span of time. But yes it can be done by the professionals and also it will take you tons of time at least few months to few years. In Bitmex you are talking about using100x leverage, then I would like to warn you don't trade with heavy leverage that can ruin yours 1 BTC of capital within a few minutes of trading so don't trade with heavy leverage trading strategy if you aren't a pro trader.

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July 11, 2018, 10:45:26 PM
 #30

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
You seems new in trading, the probability of traders who have chased this high benchmark of 100 BTC from just 1 BTC is extremely low.
Even experts are facing too much difficulties to earn good amount in this unpredictable market.
Don't expect this much in early days, high expertise are needed to make it big and it will surely take time to know the market closely.
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July 11, 2018, 11:12:20 PM
 #31

Before doing any investment or any decision you need to be sure first because that is risky I think. But if you think it is good for you just do it but make sure too that you don't be cry if your bitcoin lose.
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July 11, 2018, 11:46:14 PM
 #32

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
Bitmex will simply give you leverage of 100x for 1BTC so you can immediately start trading with 100 BTC but you can loss those 1BTC in just a few minutes because of the heavy leverage you have taken. Both of your profit and loss will be multiplied by 100 so just calculate how much risk you have to take.

It might be better for those who have very low fund and are confident about the next market move but it is not best for those faint hearted traders. .
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July 11, 2018, 11:51:18 PM
 #33

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

And you really believe him? I don't know what kind of tactics he uses but as far as I know no one can actually do that unless you have 0 losses. You should have higher capital for that one though.
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July 11, 2018, 11:51:35 PM
 #34

If you really believe in yourself and you strongly confident that you can make that win, then why not, you can try that thing, no one can reach the success if you are coward to touch the risk. But remember there are more alternatives low risk investment out there  to gain profits. You can choose what is the best for you. good luck.

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July 12, 2018, 03:23:53 AM
 #35

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

No it is not recommendable as the chances of having 100x profit is extensively low, I would suggest if you can just work it for yourself and try things on your own it will take time before you can get a 100x of your current balance but a 2x, 1.5x or less would not a bad profit than trying to take the risk of trading using a 100x leverage.



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July 12, 2018, 05:46:13 AM
 #36

Yes it is possible-however, you will need to spend every waking hour of the day sat in front of a screen watching for small movements in the prices. the risks for this sort of leveraged trading are very high so think very carefully.

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July 16, 2018, 02:55:52 AM
 #37

To me it is very difficult to do but in the world of Cryptocurrency nothing is impossible, because my experience is trading in Cryptocurrency and pengahasilan great apling in hiudp I have 50% at the time of buying Eboost coins in Bittrex

And that's also because Eboost held an Airdrop event to get Alaris tokens. But hopefully you become the luckiest person to get 1: 100X leverage, keep spirit son!
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July 16, 2018, 05:53:52 AM
 #38

Yes it is possible-however, you will need to spend every waking hour of the day sat in front of a screen watching for small movements in the prices. the risks for this sort of leveraged trading are very high so think very carefully.

Well i don't think that's a good idea. Sitting all day in front of the computer watching the price movements would more likely lessen your 1btc than make it grow. You'll be exposed to all the emotions this market will make, panic, anxiety, regret. You wouldn't want those if you plan to grow your 1btc

 
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July 16, 2018, 07:05:53 AM
 #39

It is very risky to use bitmex as I have used it before and you stand a huge risk of loosing your funds in a 100x leverage. The best thing is that, if you want to use bitmex, you go with maximum of 5x leverage. Margin trading can be very risky in my own opinion
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July 16, 2018, 07:12:57 AM
 #40

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
I will not recommend you to trade on Bitmex, Its same like forex you etither win or loose everything. There are big players on Bitmex that can manipulate the price anytime and it involved huge risk in leverage trade. 
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