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...?
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?
i have a small leveraged long position but nothing fancy, just for the lulz
trading the swings with leverage can be helpful especially for the smaller traders. why risk 2.5 btc if i can have the same performance for 1 btc ? depending on the individual situation this can really make a lot of sense.
That's exactly what I meant. Instead of playing 2500(* XMR of your own coins you can risk only 1000(* XMR and have the similar effects if you are in right position.
Heck, you get bitcoin loans around 3.3 % pa right now......
*) The numbers are just examples and depends on the amount you can afford to lose in margin trading, it is indeed riskier than playing with "real coins"