one bitcoin is traded for 100 bitcoin: Leverage Trading
Hello Friends
Today i would like to talk about leverage trading where you can trade for 100 bitcoins while you only have 1 bitcoin in pocket. I will be even sharing some leverage trading secrets which will help you to earn regular profit from it so stay with the blog till end
But before i move ahead with this blog i would like you to know leverage trading is just like gambling where you trade for bitcoin movements weather price will increase or decrease once you open the trade (this is highly risky and can result in loss of all your earnings ) soi wl advise use this platform of leverage trading only if you know what's really going on in crypto market as if you know how to use it then you can really make big bucks from leverage trading.
We all know futures market has started in bitcoins as well and we always get stressed when we see bitcoin price to go down as we are holders for bitcoins but now i will say no more to that stress. Using leverage trading and this platform we can even earn when bitcoin price fall, yes you heard it right you can earn with every fall of bitcoin price as well.
Over here i am talking about Bitmex which allow us leverage trading where you can either short or long bitcoin and start making profits on your futures trading of bitcoin To join Bitmex you can join from here https://goo.gl/pcuQfN
So what is Bitcoin Futures trading?
Trading where you can predict if the price of bitcoin will go up or down once you open your trade.
What is Shorting Bitcoin?
Means you are predicting that bitcoin price will go down.So if you open a trade and bitcoin price goes down you make monev and if the bitcoin price increases after you open trade then you loose money.
What is Longing Bitcoin?
Means you are predicting that bitcoin price will increase.So if you open a trade and bitcoin price increases after you open a trade then you earn profit over it and if bitcoin price fall after you open the trade then you loose money on that trade
What is Leverage Trading?
So if you have 1 bitcoin in your wallet using leverage trading on Bitmex platform we can even trade for 100 bitcoin worth value Bitmex leverage trading offers us multiple leverage trading option . 2x -3x 5x -10x-25x -50x -100x Leverage. Let me try to explain you with example For example if bitcoin price is $8000 today and you have 1 bitcoin on Bitmex Now you have option weather you want take high risk or low risk ° Higher the risk more money to be made and higher the chance to loose every penny you have
so if you choose 10x leverage that's mean you can trade for 10*8000=8000
if you decided to Long B bitcoin went from $10000 to $11000 so your trade made profit of $1000 which will be multiplied with 10 as you have choose risk of 10 x.So your total profit in the case would be $1000 x 10 $10000
But on other hand If you decide to long bitcoin and bitcoin went from $10000 to $9000 so your trade went on loss of $1000 which will be multiplied with 10x as you have chosen10 x risk.So $1000 x 10 $10000 and this was the money you have in your account which will not be liquidated amung the users on bitmex .Means you lost all $10000.
BIG TIP IF YOU WANT TO DO BITMEX LEVERAGE TRADING:-
Always open a trade at high support level of bitcoin for example if bitcoin is at $6050 then the chance of it to go below $6000 is very less at that time if you open 10 x leveragetrade you can make $200 easy as at those levels as we usually see $100-$300 pumps at those levels So if we made profit of $200 in 10 x leverage we are directly making $200 x 10 $2000 profit as we open trade at very high chance ofWIN So what you think about leverage trading after reading this blog pls comment below And if this blog has helped you to understand what is leverage trading and you will be able to take advantage of it now then pls Up votes.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
good post hi I follow you follow and vote back me
welcome to casino bitmex if you dont know wat you do with th 100X and stoploss hunters
Congratulations @stockmarketinfo! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of comments
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.