Prior to that. It was when I got margin called. As of now AriseBank is doing fine. They are ahead of the SEC now and the receiver. I'm expecting good things to come on AriseBank this month.
You can borrow bitUSD on Bitshares DEX using Bitshares as collateral for atleast 175% of the total asset that you borrowed depending on Bitshares current price feed. You can add more Bitshares to lower your margin call price.
Margin call is when someone who borrowed doesn't have enough collateral when the price feed goes down. If that happens you'll be force liquidated based on the current price feed of Bitshares. The only thing to save your Bitshares from force liquidation is adding more Bitshares to adjust your margin call to lower feed price.
Don't understand why you are worried about margin calls. They just transform your portfolio a little and you really don't lose much. They help to leverage your stake when the price is going up but if a turn is downwards direction about to happen I just adjust collateral to minimum get out bitUSD or bitCNY and let them be called. Whit this technique you earning more in uptrend than you lose in downtrend so you are overall in profit.
At the moment it is more profitable to trade against bitCNY because it grows against bitUSD. ( from 11. feb bitCNY goes up 3.6% against bitUSD).
Prior to that. It was when I got margin called. As of now AriseBank is doing fine. They are ahead of the SEC now and the receiver. I'm expecting good things to come on AriseBank this month.
Oh good!!! Whats margin called???
You can borrow bitUSD on Bitshares DEX using Bitshares as collateral for atleast 175% of the total asset that you borrowed depending on Bitshares current price feed. You can add more Bitshares to lower your margin call price.
Margin call is when someone who borrowed doesn't have enough collateral when the price feed goes down. If that happens you'll be force liquidated based on the current price feed of Bitshares. The only thing to save your Bitshares from force liquidation is adding more Bitshares to adjust your margin call to lower feed price.
Oh wow!! Crazy
Don't understand why you are worried about margin calls. They just transform your portfolio a little and you really don't lose much. They help to leverage your stake when the price is going up but if a turn is downwards direction about to happen I just adjust collateral to minimum get out bitUSD or bitCNY and let them be called. Whit this technique you earning more in uptrend than you lose in downtrend so you are overall in profit.
At the moment it is more profitable to trade against bitCNY because it grows against bitUSD. ( from 11. feb bitCNY goes up 3.6% against bitUSD).
Be good ;-)-
p.s. Reasions to use Bitshares: Why IRS can bust you on centralized exchanges and not on Bitshares! and my some favorite stuff @.