Post
Topic
Board Service Discussion
Re: *Unofficial* ICBIT (BTC Futures Trading) - Help & FAQ's
by
Fireball
on 04/07/2013, 09:43:40 UTC
Newminer was telling the truth. Be cautious about icbit.
https://bitcointalk.org/index.php?topic=246845.0

Another trader, who says "September has to be above $100 even if spot is $30 lower". Sorry guys, you have to be cautious. Contango and backwardation are normal, and you have to take additional care when trading with leverage.

Trading with leverage provides the ability to get higher profit, however it also means that your loss may be higher.