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RE: How To Salvage After You've Been Hit By A Selling Avalanche

in #bitshares8 years ago

Don't use margin! Leveraged traders tend to lose the most because they have very short time frames imposed on them. Whereas those playing only with their own coins can execute a strategy spanning several weeks.

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That's a good general rule to follow. Also, the way Poloniex's peer-to-peer Lending market is set up, you have to pay interest for the coins you borrow - even for an order that never goes through. Thanks for posting your advice.

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