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RE: Understanding Leveraged Trading Using Bitshares Blockchain ASAP + 10 SBD for insightful comments

in #bitshares5 years ago

why so difficult numbers? leverage multiplies your profits or losses. If you have 1 BTC, you go 100x, market increases 1%, you have 100% profit (you now have 2 btc on your balance if you close position), market decreases 1%, you lose everything (all of your margin is gone, you lose 100%). @ddangerwu

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not sure where you get that relationship with 100x leverage. the only place I'm aware of that proves 100x leverage is bitmex, and that is definitely not how you described it to be. can you explain where your mechanics are from?