Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 23/04/2019, 16:50:39 UTC
Second attack on 5400?

Not going to succeed, I presume.
So would you say it is not an optimal time to 80x long?

I'm not a trader...

Yeah, I see folks talk about leverage, but I still have no idea what that is, nor how it works.


Leverage is when you take a loan to buy more of the asset than you can.

A bit more precisely, to buy or sell more of the asset than you can - that's also called going long or short respectively.