RE: Heronomex Pre-Launch the "HERO Billion Dollar Challenge" - Live Webinar (3rd July)
100% margin trading is a risky game and should only be done by those that completely understand the risks and have the bank roll to defend their position or cut their loses early (doesn't help when your sleeping)
I personally do not trade on margin; quite the opposite i am actually looking forward to a highly liquid trust free hedge against volatility. i have tried my hand in nubits before and also tether and smartcoins seems to be the best mix of trust free and collateral backed! they are even great when the market starts to rally because unlike some others asset (when the marekt starts a bull run no one is buying stable coins) if their is no liquidity to sell at market you can just 'settle' the position and take the underlying collateral.
Current problem that i think HERO has a chance to displace is to have enough liquidity at the current market price to allow traders to easily buy into a hedge without price creep.
Thanks for your thoughts. I like the altruistic concept of HERO and the idea we can 'Borrow' the HERO into existence. Exhuberance edged out the Essential Twins, Caution and her sister Thorough Understanding, with predictable results. I'm taking the experience as paid tuition and I'm thankful the loss wasn't larger. The hell of it is facing the fact I had plenty of liquidity, but too little understanding - a real life Homer moment, D'oh...