You are viewing a single comment's thread from:

RE: Market Watch: I Have Returned!

in LeoFinance3 years ago

Borrowing against the assets you've put in. Hoping the value of your collateral doesn't dip below liquidation levels. I know snippets about it just by reading trading stories. I dig your basic principles on going long vs short. Thank you.

Humm. I'm so torn. On one hand, I'm not much of a gambler, I've read lots of articles that say "just buy and HODL, don't be stupid" and I have a pretty good understanding when I don't understand something. All that combined leads me to not venture into those waters.

But then I read this article by kevinnag58 and I recognize that might be an act of risk aversion.

Not recommended for the faint of heart

That very well could be me. That said, knowledge is always useful. Thank you.

Sort:  

As a rule of thumb your gut feeling is 100% correct.
It is foolish to increase risk/reward given the most risky asset class there is.
I would only recommend margin trading Bitcoin (if anything), as it is the easiest crypto to predict.