Post
Topic
Board Altcoin Discussion
Re: How do you earn a cryptocurrency now?
by
drachman
on 16/11/2018, 03:51:52 UTC
1. trading, especially using leverage. Having tested several exchanges, I chose the www.bitmex.com exchange, because it has a very simple and intuitive interface, and it also allows you to earn bitcoins both on asset growth and on their decline (due to the fact that the trade is not conducted by the asset itself). , and a contract for it). Here you can very easily and effectively increase the number of your bitcoins.
You have talked sweet about trading using leverage you haven't mentioned the ugly part about it thou... Yes you can easily and effectively increase the number of your bitcoins... But you can also easily and effectively LOOSE your bitcoins
In otherwards, where there is a possibility of High returns, there is a possibility of high losses. It's a 50-50 situation, not a guarantee.

That said at the moment i do day trading but not using Leverages and am trying to buy as much coins with pontential as possible because i know, 2 to 5 years from now, the market will have shown a bullish trend so many times, i will cash out when it's green.

It is not even a 50-50 situation, if you use leverage the potential profits that you can get are great but you only need the market to go against your prediction and you could easily lose your money in a matter of minutes, this is why I do not like leverage because in theory it is very easy to make money but the opposite is the truth and it is way easier to lose your capital.