Quote from: key4co.in on October 29, 2019, 09:27:27 AM

Quote from: BitcoinYu on October 29, 2019, 09:11:15 AM

So Binance introduced margin trading up to x125! Great for some, horrible for most. Why? Because this is an open market and people without experience can actually go ahead and borrow Bitcoin without knowing half of what's going on.

For that reason, I wrote an article to give a good introduction to margin trading, Bitcoin lending, as well as Bitcoin borrowing (if you wanna make some passive income). It's by no means that the best post on the topic, but it does give a really good overview.

You can read it here and decide if going down the margin road is the best thing you can do: https://paybis.com/blog/bitcoin-lending/

So many new traders get excited about margin trading without understanding the risk involved. Leveraging your funds is no guarantee to make gains, you can lose your entire holdings if you are not careful. There was rumour early this year about a Chinese trader who committed suicide after losing a whooping sum via margin trading, I'm not saying it's not cool, I mean it's important to understand the nitty-gritty before delving in.

But they satisfied that they can get easy money on this that's why they attract on it. They greed on money but they didn't think on how they can sacrifice if they not know their limit.

In this world, if you think you are lucky then you sacrifice anything just to choose on getting much more money that you need to invest.