Bitcoin leverage Trading

[Vangar]

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?

[Marcel555]

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.

[charlotte04]

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?

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.

[darewaller]

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?

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.

[davis196]

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.

[CryptoIyke]

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

[cuenzy]

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?

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.

[omonuyak]

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?

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!

[Zadicar]

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.

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.

[atrocityx]

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.

[bitvalak]

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 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.

[apityeh71]

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.

[karungbitcoin]

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.

[eaglewhite80]

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.

[naidray]

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 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.

[The Sceptical Chymist]

Is bitcoin trading enriched by a 500x rate and have you ever used it on your own?

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 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.

[DJohnson]

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.

[pundit]

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.

[Xardasim]

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.

[leowonderful]

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.