Quote from: Byakuga on October 29, 2019, 10:57:29 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/

Every investment or profit making opportunities are always risky, people who use margin trading with zero knowledge about how it works are to be blame for their actions, since few people are making money out of it means its legit.

You're right with what you said cause we have a situations where some traders have absolutely small knowledge about margin trading but even experience traders suffer a great lost sometimes either and I believe the uses of margin trading is an act of impatience cause it better to trader with the money ones have than lending.