Quote from: Monerobuyer0 on July 06, 2016, 06:27:37 PM

Quote from: TrueCryptonaire on July 06, 2016, 06:02:23 PM

Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?

Indeed, this is the best way to wreck yourself completely, and lose all your monero, so that later when it finally does go up you can feel really terrible.

I lost 4000 Monero on margin trading back when Monero was 40 cents each. It hurt because that was like $1600 at the time Sad

Imagine how much more it hurts now that Monero is 4x the price. Cry

Stay away from margin kids; it's not worth it. Whales have bigger pockets and more patience than you. Do you know how they make money? By eating small fish like you and me.