RE: Leverage Trading - 1 Bitcoin Can Be Traded For 100 Bitcoins !
Hello @moneyguruu,
First of all great work and thanks for sharing unique content here with community. I have few doubts with it.
Recently I posted one blog on Binary trading and I am thinking if leverage trade also entirely controlled by broker ( in this case BitMax) . Do you know the price of Bitcoin on BitMax is market driven ? or like binary trading its under control of Broker?
At last you mentioned a Tip that if the price of BTC is 6050 then chances are high that it will not go below 6000, Then Is it also a tip like if the price of BTC is 6950 then chances are high that BTC will increase and reach 7000? Just trying to understand your theory?I am hoping your answer will help others too who is reading this comment.
For example if I invested 1 BTC on Leverage trading and trade for 1000 BTC and lost it . How I will pay it as I already have no more money ,I just had 1 BTC which I already put in market ? Will it be a liability on me? Or I will have to put some kind of assurance before putting my margin trade?
Last doubt and you must be hating these many questions but please tell me , Is it really trading or its simple gambling ?
Again thanks for informative blog-
There has always been speculation about any trading tools as in Cryptos, Stocks, Shares, Commodities or even Forex...one needs to primarily analyze and accept wether it has that appetite for or not. Than dont hold your horses. Let your mind win the DERBY. cheers!
I will answer your query in video by tomorrow so you can understand it much better @suniltikar