Guys, the LINK# coin broke my back. I bought it for about $29.
Advice for those with experience: Should I sell at a loss or be patient?
I'm afraid to sell and accept the loss and it goes up, and I'm afraid to keep it and it goes down more 🤷‍♂️

The Loophole of Leverage! [PART 02]

Now let’s come to the loophole. Usually bucket trading was mostly short term trading for few hours. They lasted maximum 1-2 days.

But normal trading can be long term. So you can easily trade with 20x leverage. Like if you have 2000$, with 20x leverage you will have 40000$ but the max loss you can take is 2000$.

Now if you don’t be so greedy, and open a position with only 4000$ or 6000$ (2x or 3x) of your balance. Then it won’t be that risky.

For example, we all know BTC will rarely go below 70k. So if you can keep your liquidation less then 70k, and keep the trade for several months, you are making 2x or 3x on your money than what you are making with no leverage.

Some brokers know about the loophole and introduced swap fee. But some still didn’t. On binance you can easily trade with leverage in #BinanceFeatures . There is no swap fee.

But make sure, you are not becoming greedy and overdoing this.

I would suggest you to stick with the following currencies:

1. $BTC
2. $ETH
3. $DOT

I’m back on square. My account got unlocked.

New post is coming. Please comment if you have been waiting for me.

Thanks.