Bitcoin Forum
May 16, 2022, 10:29:31 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Don't let Margin Trading make you poor!  (Read 400 times)
BitcoinYu
Jr. Member
*
Offline Offline

Activity: 48
Merit: 10


View Profile
October 29, 2019, 09:11:15 AM
 #1

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
1652740171
Hero Member
*
Offline Offline

Posts: 1652740171

View Profile Personal Message (Offline)

Ignore
1652740171
Reply with quote  #2

1652740171
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1652740171
Hero Member
*
Offline Offline

Posts: 1652740171

View Profile Personal Message (Offline)

Ignore
1652740171
Reply with quote  #2

1652740171
Report to moderator
1652740171
Hero Member
*
Offline Offline

Posts: 1652740171

View Profile Personal Message (Offline)

Ignore
1652740171
Reply with quote  #2

1652740171
Report to moderator
key4co.in
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503


View Profile
October 29, 2019, 09:27:27 AM
Merited by tk808 (2)
 #2

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
So many new traders get excited about margin trading without understanding the risk involved. Leveraging your funds is no guarantee to make gains, you can lose your entire holdings if you are not careful. There was rumour early this year about a Chinese trader who committed suicide after losing a whooping sum via margin trading, I'm not saying it's not cool, I mean it's important to understand the nitty-gritty before delving in.
Lance203sin
Jr. Member
*
Offline Offline

Activity: 109
Merit: 1


View Profile WWW
October 29, 2019, 09:29:08 AM
Merited by tk808 (1)
 #3

Margin is a new iteration of casino and this is not so obvious. This is very risky especially with btc volatility
BigBoy89
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
October 29, 2019, 10:46:37 AM
 #4

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/


I appreciate having a margin options. But not as crazy as x125.

If you know what you are doing, trading on margin is much more profitable. But like any other power tool, margin should be used very cautiously - like x5, not x125.
My standard margin ix x3 - x5 and in very rare occasion x10. When you remove all the trading fees, lending fees, etc. it's x3.54 more profitable in my case.

.AMEPAY.
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
│▌
       AMEPAY IEO       
▄██████▄ ▀██████▄
█████████  ▀█████
███████▀     ▀███
██████▀  ▄█▄  ▀██
██████▄  ▀█▀  ▄██
███████▄     ▄███
█████████  ▄█████
▀██████▀ ▄██████▀
   AMEPAY LISTING   
   ▐███▄
   ████▌
▐██████████▄
████████████
 ████▌  █████
▐████  ▄████
██████████▀
 ▀█████▀▀
▐│
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
NewRanger
Sr. Member
****
Offline Offline

Activity: 1288
Merit: 267



View Profile WWW
October 29, 2019, 10:54:54 AM
 #5


margin trading, or leverage on the forex market has two sides of a coin. one side will greatly benefit the trader, where he could  open a transaction with a larger fund to maximize profits. but on the other hand, large losses at any time can threaten us if we open a wrong transaction. We must wisely use this margin and dont ever use large leverage / margin.

MOONBET[]          ░░▒▓▓▓▓▓▒░░       
       ░░▒░░▒█████▒░░▒░     
    ░▓██▓▓███████████▓▓██▓   
   ▓███████▓░     ░▓███████▒ 
  ▓▒▒▓██▒             ▒██▓▒▓▓
 ▒▒░▓█▓         ▒▓█▓    ▓█▓░▒░
▒██▒██        ▒████      ██▒█▓
▓██▓█▒     ███████       ▓█▓██
▒██▒███   ▒▒██████       ██▒█▓
 ░▒░▓██▓░   ▓▓ ▓█░      ▒█▓░▒░
  ▓▒▒▓███████          ▓█▓▒▓▒
   ▒██▓███████▓░ █▓ ▒██████▒ 
     ▓██▒▓▓██████████▓▓██▓   
        ▒▓▓▓▓▓▓▓█▓▓▓▓▓▓▒     
          ░░░░░░░░░░░        
[]           ▓███████████████████
        ▓▓▓█▒▒▓               █
 ░▓▓█████▓▓█▒▓█               █
██▓▓▓░     █▒██               █
██ ▓█░     █▓      ▒██▓       █
 ██▓█▒     █▓    ▒██████▓░    █
  █▓    ████▓   ██████████▓   █
  ▓█    ████▒   ███████████   █
   ██   ▓███▓   ▓█████████    █
   ░█▓    ▒█▓       ███       █
    ██     █▓         ░    ▓█▓█
     ██    █▓              ▓█▒█
     ▒█▓   █▓ ░      ░░░░░░▒▓ █
      ██   ▓▓▓▓████████████████
       ███▓▓▓▓▓▓▓▓▓           
[][]

> TWITTER
> DISCORD
> MEDIUM
> TELEGRAM
Byakuga
Member
**
Offline Offline

Activity: 518
Merit: 28


View Profile
October 29, 2019, 10:57:29 AM
 #6

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
Every investment or profit making opportunities are always risky, people who use margin trading with zero knowledge about how it works are to be blame for their actions, since few people are making money out of it means its legit.

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬   DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
posi
Hero Member
*****
Offline Offline

Activity: 1652
Merit: 557

God will make a way ↕️


View Profile
October 29, 2019, 11:23:22 AM
 #7

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
So many new traders get excited about margin trading without understanding the risk involved. Leveraging your funds is no guarantee to make gains, you can lose your entire holdings if you are not careful. There was rumour early this year about a Chinese trader who committed suicide after losing a whooping sum via margin trading, I'm not saying it's not cool, I mean it's important to understand the nitty-gritty before delving in.
Im my opinion,margin trading confers awesome profit and it also like gambling cause it a scheme will always enrich the brokerage or the exchange but put the traders into greater risks. However, the Chinese trader who committed suicide due ti margin trading is a genuine news not a rumor. 

▄▄█████▄▄         ▄▄█████▄▄
▄███████████▄     ▄███████████▄
███████████████   ███████████████
█████████████████ █████████████████
████████████████████████████████████
███████████████████████████████████████
████████████████████████████████████████
██████████████████████████████████████████
█████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████████
▀███████████████████████████████████████████████▀
▀▀████████████████████████████████████████████▀▀
████████
██
██
██
██
██
██
██
██
██
██
██
██
████████████████████████████████████████████
   .....Trade Anywhere with the MEXC App..... 
FULL iOS, ANDROID & WINDOWS SUPPORT
.
████████████████████████████████████████████
██
██
██
██
██
██
██
██
██
██
██
██
████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
██████▀█████████▀▀    ▀▀▀▄█████
██████   ▀▀▀███▌         ▄█████
██████▀                 ███████
██████▄                ▐███████
████████▀             ▄████████
█████████▄▄         ▄██████████
██████▄▄        ▄▄█████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
█████████████████████▀▀▀███████
███████████████▀▀▀ ▄   ▐███████
█████████▀▀▀    ▄▄▀    ████████
██████      ▄▄▀▀      ▐████████
████████▄▄ ██▀        █████████
███████████ ▌        ▐█████████
███████████▄ ▄██▄▄   ██████████
███████████████████▄███████████
███████████████████████████████
███████████████████████████████
...Sign Up...
Surrapatt
Sr. Member
****
Offline Offline

Activity: 1078
Merit: 250



View Profile
October 29, 2019, 11:35:27 AM
 #8

Margin is a new iteration of casino and this is not so obvious. This is very risky especially with btc volatility
If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading.
joinfree
Sr. Member
****
Offline Offline

Activity: 1218
Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL


View Profile
October 29, 2019, 11:40:22 AM
 #9

Margin Trading is for highly experienced crypto traders who are courageous enough to bear all the risks of having their funds liquidated at any point in time. If you are not experienced enough i would not advise you to go into this sort of trading. Greed is what kills most investors who go into margin trading. Why would you trade with such a huge margin of x125? No experienced trader would make this call, unless a newbie trading with $50 who wants to make $10Ks in a short time Grin

Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
suzanne5223
Hero Member
*****
Offline Offline

Activity: 1890
Merit: 552


Want top-notch campaign for your project, Hire me.


View Profile
October 29, 2019, 11:57:25 AM
 #10

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
Every investment or profit making opportunities are always risky, people who use margin trading with zero knowledge about how it works are to be blame for their actions, since few people are making money out of it means its legit.
You're right with what you said cause we have a situations where some traders have absolutely small knowledge about margin trading but even experience traders suffer a great lost sometimes either and I believe the uses of margin trading is an act of impatience cause it better to trader with the money ones have than lending.

███████████████████████████
█████████▀▄▄▄▄▄██▀▀████████
█████▀▄█▀▀▄▄▄▄▄▄▄▀▀▄▄▀█████
████ █▀▄███████████▄▀██████
███▄█ ███████▀ ██████ █ ███
██▀█ ███  ▀▀█  ▀██████ █ ██
██ █ ████▄▄      ▀▀▀██ █ ██
██ █ █████▌        ▄██ ████
███▄█ █████▄▄   ▄▄███ █▀███
████▀█▄▀█████▌  ▀██▀▄█ ████
█████▄▀▀▄▄▀▀▀▀   ▄▄█▀▄█████
████████▄██▀▀▀▀▀▀██████████
███████████████████████████
.
█ █▀█ █▀█ █▀█  ▄  ▄▀▀ █   ▄▀█ ▀█▀ ▄▀▀ ▄███▄
█ █▀█ █ █ █ █ ▀█▀ ▀▀█ █   █ █  █  ▀▀█ ▀███▀
█ █▄█ █▄█ █▄█     ▄▄▀ ▀▄▄ █▄▀  █  ▄▄▀  
                                        █
████████████████████████████████████ 
███▀▀▀▀▀▀██████▀▀▀▀▀▀██████▀▀▀▀▀▀███ 
█▀▄██▀███▄▀██▀▄██▀███▄▀██▀▄██▀███▄▀████▄
█ █ ▀ ▀███ ██ █ ▀ ▀███ ██ █ ▀ ▀███ █████
█ ██    ▄█ ██ ██    ▄█ ██ ██    ▄█ █████
█▄▀██  ▀█▀▄██▄▀██  ▀█▀▄██▄▀██  ▀█▀▄████▀
███▄▄▄▄▄▄██████▄▄▄▄▄▄██████▄▄▄▄▄▄███
████████████████████████████████████
.
.
CRYPTO'S FASTEST
GROWING CASINO
       ▄▄▐█▌▄▄
      ▄███████▄
      ▀███████▀
       ▀▀▐█▌▀▀

                    ▄  ▄
   ▄            ▄█ ▀▀██▀▀ █▄
▀▄███▄▀        ▀▀██▄ ██ ▄██▀▀
▀█████▀      ▀▄▄▄ ▀██████▀ ▄▄▄▀
▀ ▀█▀ ▀       ███▀▀██▄▄██▀▀███
             ▀   ▄██▀██▀██▄   ▀
               ▀██▀  ██  ▀██▀
                 ▀ ▀█▀▀█▀  ▀
                   ██
    ██        ▄███▄▄     ██
              ████
███▄

        ▀▄ ▄  █▀▀▀███▀
       ▄▄▄
▀▀▄ █   █   ███▄
██   ▄█████
  ▀█ ▄▀▀▀ █▀██
     ▀
██▀
▀▄   ██  ▄▀ █▄▀     ██
       ▀▀▀▀▀▀██▄█▀▀▀ ▄
      ▄ ▄▀    ██▌  ▐▄▀
       ▀▀▄▄█▄▄▄█▌ ▄█▄▀  ██
     ███     ▀████▀▀▀▀▀
              ▐██▌
       ████
  ▄████▄
.
..PLAY NOW..
SamboNZ
Sr. Member
****
Offline Offline

Activity: 966
Merit: 253



View Profile
October 29, 2019, 12:23:09 PM
 #11

If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading.
You need to have your trading strategies, money management, and discipline and also people using margin trading should use logical thinking because i think most people would be trading based on their emotions which can lead them to frustration when things doesn't go well, they end up catching their losses.

█▀▀▀











█▄▄▄
.
1xBit.com
▀▀▀█











▄▄▄█
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████     
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████   
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
!
Ursul0
Sr. Member
****
Offline Offline

Activity: 848
Merit: 262


View Profile
October 29, 2019, 12:41:53 PM
 #12

If margin trading can make us poor, then how can we manage margin trading, so that everyone can become rich? because every trade is an act of thought on everyone, then obviously everyone does not want to be poor when trading.
You need to have your trading strategies, money management, and discipline and also people using margin trading should use logical thinking because i think most people would be trading based on their emotions which can lead them to frustration when things doesn't go well, they end up catching their losses.
yep keeping emotion in check is the most important rule of trading. theres another issue with leveraged trading - empty books and huge risks of liquidations. its a good tool to have, not necessarily to use now though:)
MURONDI
Sr. Member
****
Offline Offline

Activity: 672
Merit: 257


View Profile
October 29, 2019, 12:44:22 PM
 #13

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/
margin trading has been around for a long time in the world of trade, for those who are accustomed to forex trading, of course, are already familiar with the term margin trading, but for trade crypto it is something new, although margin trading can increase the strength of capital to achieve greater profits, but the risk is also greater, not recommended for beginners, I myself do not like the existence of margin trading.
pedpedped101
Jr. Member
*
Offline Offline

Activity: 552
Merit: 1


View Profile
October 29, 2019, 01:08:30 PM
 #14

The exchange introducing margin trading, does not care what happens to investors or traders that are involved. Although, the returns promised might be very high and will look attractive, but larger number of the people who lose are much more than those who gain.
Doell
Hero Member
*****
Online Online

Activity: 1456
Merit: 522



View Profile
October 29, 2019, 01:21:09 PM
 #15

will not want to do margin trading again ,a long time ago I use it for trading on forex market for some reason lost what is that I don't care now and had to pay up hundreds of dollars ,I was angry with the service provider because I was too stupid to understand it have given up on understanding too what interest rates are not clear ,so far away I quit from this option better manually trade with much funds as I can


                  ██
▐█▄             ▄█▀
███    ▄██▄    ▄█▀ ██                          ██
███   ▄████   ▄█▀ ▄▄  ▄▄▄ ▄▄▄   ▄▄▄▄▄▄▄       ▄▄▄   ▄▄▄
███  ▄█▀███  ▄█▀ ██▌ ▄██▀▄▀██▌ █▀  ▄█▀       ▄██▌ ▄██▀ ▀▄
███ ▄█▀▐███ ██▀ ██▌ ▐███▀ ▄█▀    ▄█▀        ▄██▌ ▄██   ▄▀
▐██▄█▀  █████▀ ▐██  ███  ▐██   ▄█▀          ██▀  ██▌  ▄▀
 ▀██▀   ▀██▀    ▀█  ▀█   ▀█  ▄██▄▄▄▄▄▀▀  ██ ▀█    ▀███▀


Every BTCit of Fun
▄▄▄██▀▀▀██▄▄▄
▄▄███████▄▄▄███████▄▄
▄██▄█████████████████▄██▄
▄███████████████████████████▄
██▄█████████████████████████▄██
▄███████████████████████████████▄
█████████████████████████████████
█▄█████████████████████████████▄█
█████████████████████████████████
▀███████████████████████████████████████████▀
▄██████
███████████████████████████████████▄
▀▀▀▀▀▀▀▀
█████████████████████████████▀▀▀▀▀▀▀▀
█████████████████████████████
▄▄▀▀▀█████▄▄
▄▀▀ ▄▄██████████▀▄

██████▀▀▀▀▀▀████  █
██████▀ ▄▄▀▀   ▀███  █
██████  ▀▄▄▀▀▄  ████▄█
█ ████     ▄▄▀  ██████
█ ████▄  ▀   ▄██████
▀████████████████▀
▀▀████████▀▀




▄▄█████▀▀▀▄▄
▄▀██████████▄▄ ▀▀▄

  ████▀▀▀▀▀▀██████
█  ███▀   ▀█▄  ▀██████
█▄████     ▄█▀  ██████
██████   ▄█▀    ████ █
██████▄     ▄████ █
▀████████████████▀
▀▀████████▀▀
   █▀▀▀▀▀█▀▀▀▀
▄▄▀      ▀
█        ▀
█        █
█        ▄
▀▀▄      ▀
   █     █
▄▄▀      ▄
█        ▀
█        █
█        ▄
▀▀▄      ▀
   █▄▄▄▄▄█▄▄▄▄
▀▀▀▀▀█ 
▀▄▄



▄▀▀
█ 
▀▄▄



▄▀▀
▄▄▄▄▄█   
Suslived
Member
**
Offline Offline

Activity: 252
Merit: 13

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 29, 2019, 01:52:16 PM
 #16

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/

Had to login to Binance and check and it's true! x125 margin is insane. I really do hope more people ready your article and be informed of doing margin trades. It's a very risky play that could bring you amazing profit but at the same time send you running home with nothing to show for.

My only concern is, why is your blog post about lending, when we are talking about margin trading?

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.
       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
o48o
Legendary
*
Offline Offline

Activity: 2142
Merit: 1014



View Profile
October 29, 2019, 02:20:03 PM
 #17

Has someone actually made money with 125x leverage? It sounds like a huge gamble where you can get liquidated pretty easy. If anyone know anyone with a proof for actually pulling those trades off, i am interested to learn from that. On Bitmex, every 100x i have made has been a loss for me, even if i pretty much were sure about the strategy there are always some zigzag wicks that destroys all longs and losses for me.

               ▄█  █▄
              ▄▀█  █▌
             █▀ █ ▐█  ▄      ▄▄▄
         ▀▄ ██▄▄█ ▐█  ▀▀      █▀▄▄
           ██▀▀██ █▌  █▌ ▄▀▀▌ █▄▄
     █▄▄  ▄█   ▄█▐█▌  █▌▐█    █  ▄▄

  ▄▄▄▄▀███▀   ▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀ ▀▀▀ ▄▀      █
▄██               ▐▌█ █▀▄ █▄  ▄▄  █       █▌  ▐▌
██▌              ▀█▄      ▐█▌▐▌██▐█       █▌  ▐▌
██▌    █▀▄█ ▄▐█▀▀▄█▌▄▀▀▄   ███▌██▐█▄▀▀▄█▀▄▐▌▄▀█▌
▀███▄▄ █▀▄█▄█▐█▄▄▀▐█▀▄▄▀    ██ ▀██▀▀█▄▀█▀▄▐ █▄▀█
  ▀▀▀    █ ▄█▐▌                          █
          ▀  █                            ▀
.
WIN A
▀██████████▀
██
██
██
██
▀██████████▀

▀██████████▀

▀██████████▀
███████████▀
██
████████████
          ██
▄███████████
██
██
██
██
███████████▀
▀██████████▀

████████████
██        ██
██        ██
.CYBERTRUCK.


                  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
            ▄▄▄████████████▀▀▄▄█████▄▄▄▄▄▄
      ▄▄▄██████████████▀▀▄▄█████████████████▄▄▄
▄▄▄███████████████████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████████████████▌
███████████████
██████████████████████████
██████████████████████████████████████████████
█████████████████████████████████████▀▀▀▀▀██████
 ████████▀   ▀▀▀▀▀▀▀█████████▀             ▀▀▀▀
  ▀▀▀▀▀▀             ▀██████▀
$60,000 IN BTC
$50,000 IN ETH
& MORE!
LouVandetta
Sr. Member
****
Offline Offline

Activity: 546
Merit: 253


View Profile
October 29, 2019, 02:36:05 PM
 #18

x125? Like seriously?
Margin trading is no joke, it's not a place for a beginners should do. They did not know how high the risk of losing their money in the process.
One of the people I know tried margin trading and he lost 70% his money, and I could say it's quite a big sum of money he lost.

Even I'm afraid to put too much money on it, true, we could earn quite the profits but on the other hand, nu uh. You could lose everything in an instant.

I hope more people will have more awareness about this thing, not only thinking with their emotions.
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 2156
Merit: 530


Winz.io


View Profile
October 29, 2019, 03:28:10 PM
 #19

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/

As long as you know what to do related to margin trading and you have skills to do margin trading, I think that will not be a problem. You will have extra care to trade because the leverage is too high, and I think you will analyze deeper before you trade so you can prevent the loss. Bitcoin lending will be a way to get another money from the traders because there will be many traders who need more bitcoin to trade. But yes, without knowing about margin trading, then that will be a suicide, and that will be a fast way to lose the money.


                  ██
▐█▄             ▄█▀
███    ▄██▄    ▄█▀ ██                          ██
███   ▄████   ▄█▀ ▄▄  ▄▄▄ ▄▄▄   ▄▄▄▄▄▄▄       ▄▄▄   ▄▄▄
███  ▄█▀███  ▄█▀ ██▌ ▄██▀▄▀██▌ █▀  ▄█▀       ▄██▌ ▄██▀ ▀▄
███ ▄█▀▐███ ██▀ ██▌ ▐███▀ ▄█▀    ▄█▀        ▄██▌ ▄██   ▄▀
▐██▄█▀  █████▀ ▐██  ███  ▐██   ▄█▀          ██▀  ██▌  ▄▀
 ▀██▀   ▀██▀    ▀█  ▀█   ▀█  ▄██▄▄▄▄▄▀▀  ██ ▀█    ▀███▀


Every BTCit of Fun
▄▄▄██▀▀▀██▄▄▄
▄▄███████▄▄▄███████▄▄
▄██▄█████████████████▄██▄
▄███████████████████████████▄
██▄█████████████████████████▄██
▄███████████████████████████████▄
█████████████████████████████████
█▄█████████████████████████████▄█
█████████████████████████████████
▀███████████████████████████████████████████▀
▄██████
███████████████████████████████████▄
▀▀▀▀▀▀▀▀
█████████████████████████████▀▀▀▀▀▀▀▀
█████████████████████████████
▄▄▀▀▀█████▄▄
▄▀▀ ▄▄██████████▀▄

██████▀▀▀▀▀▀████  █
██████▀ ▄▄▀▀   ▀███  █
██████  ▀▄▄▀▀▄  ████▄█
█ ████     ▄▄▀  ██████
█ ████▄  ▀   ▄██████
▀████████████████▀
▀▀████████▀▀




▄▄█████▀▀▀▄▄
▄▀██████████▄▄ ▀▀▄

  ████▀▀▀▀▀▀██████
█  ███▀   ▀█▄  ▀██████
█▄████     ▄█▀  ██████
██████   ▄█▀    ████ █
██████▄     ▄████ █
▀████████████████▀
▀▀████████▀▀
   █▀▀▀▀▀█▀▀▀▀
▄▄▀      ▀
█        ▀
█        █
█        ▄
▀▀▄      ▀
   █     █
▄▄▀      ▄
█        ▀
█        █
█        ▄
▀▀▄      ▀
   █▄▄▄▄▄█▄▄▄▄
▀▀▀▀▀█ 
▀▄▄



▄▀▀
█ 
▀▄▄



▄▀▀
▄▄▄▄▄█   
confreslamp
Copper Member
Jr. Member
*
Offline Offline

Activity: 280
Merit: 1

CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM


View Profile
October 29, 2019, 04:45:46 PM
 #20

It is a very dangerous instrument, but Binance know what they are doing. They want to collect the most possible money from hamsters and there are enough people that think today is my lucky day and I will go all in for x125.

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!