Margin trading is one of the easiest ways to lose fund even for the the most experienced, bitmex has wrecked a lot of persons and I do not recommend it at all. It is for a lot of greedy persons. Trading normal is better and investing in potential altcoins as well, but going all the a way to $100k from $220 is going to be a very long ride full of bumps and potholes
I think any experienced trader would agree that margin trading is not for newbies, it requires much more skills from a trader than regular trading. A lot of my friends lost money trying to curb margin trading. I think the reason for their failure is a bad risk ratio.
Everyone knows that, but they are greedy and with the nature of making money easily makes them join them first. You can go to the app store and play store to see that Bimono is not a margin form but it is just a kind of gambling, and is very much involved.
Crypto is about how you can get or being rich very fast. This is how speculation market works today. IEO, ICO, pump and dump. they are all evidences about how people are in competition with others to get more and more money and you can't blame them all as greedy person and then you must know where we are right now.