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RE: How to turn $1000 into $50,000
In fact, there's quite a big probability that BTC will revisit the lower ranges, below 3500$. I made this comparison article last month, showing a possible continuation for Bitcoin, based on the 2014 movement.
Long story short, 3200$-ish, COULD be our lowest.
I'm out of money at the moment and can't make any further buys, but my strategy would be to set some margin limit orders at key levels, for certain altcoins. (This for swing trading!)
E.g NEO at 6.5$, 5.6$ etc. Leverage buying NEO at around 6$ and taking in consideration that it will 10x for sure from this point, will bring some good money.
Cheers and safe trading!
Mm will check out your article bro... Are there any exchanges that offer leverage trading for Neo? Definitely I have longs on a bunch of alts in place also, Daddy BTC is just the easiest to analyse.
I'm using Bitfinex for leverage trading top alts, like NEO, EOS, IOTA, XRP, DASH, XMR, OMG and so on.
What is the maximum leverage available? I thought it was only like x2?