Bitcoin leverage Trading

[fasdorcas]

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.

Spot trading is something a lot of people should always preferably use most especially in their early years of trading. Leverage trading is a whole risky and the OP talking about some 500x, I can imagine how fast it would eventually take for him before he gets liquidated.

People are always looking for a fast means to get rich and as far as I am concerned, that is just some greedy thing to do which could back fire hugely before you even say Jack. Leverage is like making a bet with the chances of losing everything and the bigger you go on the leverage, the more risk you are exposed to.

[setupbounds]

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.

A whole lot risky, and it is always very funny to see people who really do not even understand anything about trading, trying to start trading the leverage way. Sure, if you know what you are doing and you are not greedy, leverage trading can actually be very profitable, but at the same time, if you really are not so careful, the possibility of seeing yourself getting screwed from leverage trading will always be there.

Leverage trading is something that requires a lot of discipline and attention as well as high level of carefulness and if you do not pay attention to that, the chances of getting liquidated completely will always be there.

[maxreish]

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.

[musdafakfl]

I think that the entire title was created with the purpose of advertising and used to direct users to a specific service. I would like to alert everyone here that you do not lose your money for such services. In particular, a high-volatility investment tool such as Bitcoin leverage to use the leverage, logic, as well as business is a very risky and lost guaranteed.

[CryptoIyke]

After some encounter and horrible experiences as shared by some friends traders, I do not want to hear the word nor attempt to try out what it means, this is the riskiest form of trading where one is likely to lose everything if care is not taken.

[tenakha]

With a 500x leverage, you'll probably lose all of your money. Because if the amount of money in your account is small, it causes you to lose your money in the opposite direction. So, if you start with 2x, not 500x, it will be benefical for you.

[Itjoker]

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?

Actually this is not something new. Because such big leverages exist in forex. But I advice to not use it, because of its riskiness. So personally I use leverage only in short positions and not more than 5x.

[Wall_Streeet]

on bitcoin given its less stable behavior can be earned, because there are many ways to do this

[nur rochid]

With a 500x leverage, you'll probably lose all of your money. Because if the amount of money in your account is small, it causes you to lose your money in the opposite direction. So, if you start with 2x, not 500x, it will be benefical for you.

indeed with little leverage we will be safer. but with little leverage we must be more careful, because it can result in automatic losses. means we lose money because trading is closed automatically

[AdamRay]

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 think this work needs a lot of money to be able to make a high profit. And the cycle and manner of operation can change dramatically. I'm not an expert on this field so I can not make money from it. I need guidance from you. Please help me understand how to make this money.

[Ponti]

I tried forex with such enormous shoulders, but you really need to know what you are doing, otherwise your deposit will vanish in seconds. In my opinion you should use 2x or 5x maximum on crypto market, don’t forget it is way more volatile than ordinary stock market or even forex.

[manggis97]

I say no for Bitcoin leverage trading and i will not do it because i know the risk of margin trading is very high,  and this trading similar to betting, so will be difficult to make profit. There are other way to make money with more safe than margin trading, like spot trading stocks. In leverage trading will be more possibility our money going to zero but in spot trading is more safe.

[Kiweikoo]

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.

It is just greed that usually make a lot of people to end up going big on leverage and then setting themselves up for a pretty huge risk than they can handle at all, and the funniest part of it all is that they still always end up not even paying attention to learning before even they start trading.

Leverage trading to me is actually more like complete gambling which if you are not careful the chances of losing all your money even though you can still get huge profit as well is always going to be there. Even while I was trading leverage, I have never gone higher than 20 xs.

[Barcode_]

I would never ever use the leverage trading option in crypto-currencies trading as there is just way too much risk involved on losing my money within a short period of time, the price volatility swing in crypto-currencies trading is much more larger than the stock market, and I think it is way too risky for traders to be using the leverage option in crypto-currencies trading, I would prefer to choose to play safe and trade at a much more slower pace rather than taking the risk to get myself into stressful financial situation.

[hitrawal91]

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.

Exactly and I don't think this is a right time for leverage trading as the market is really very uncertain and it is really difficult to protect the money and the profit in this market.People getting leverage comes into added pressure which forces them to take rash decision.

[rebrik7]

I'm scare to use leverage more than 25x. Most often it is 5-15x, not more.
Leverage is way to use not all deposit, just a part of it, so it minimize risks and increase profit. But only if you trade wisely.
500x is madness, only real psychopaths will use such leverage I think 

[rebrik7]

0.2%, maybe few cents, price move in wrong way and you loose all. Undue risk.

[Cointoli]

Leverage is a double-edged sword because the current cryptocurrency market is hard to predict. Investors are very flammable account if leverage trading is very risky. Consider investing in the ability to not lose too much because anything can happen.

[lx001]

On Bitmex 100x leverage is the maximum you can get by using the slider, but you can gamble with up to 700x if you place a super tight stop loss. Not the best thing to do, especially when you know you're trading manipulated currency on a manipulated exchange with system overloads, but still more fun than playing roulette or slot machines. And yes, everyone thinks he will be the one who is going to catch the dip at the lowest possible point, this is why Bitmex insurance fund is growing each day.

[TheAndy500]

Theoretically, it can be very interesting .. to bet small amounts at leverage x500 with a little luck can bring big profits. However, for me it's just a gamble, so what a difference if you play in the casino or with such a huge leverage. It depends on what you like .. For me it has nothing to do with trading.