Post
Topic
Board Speculation (Altcoins)
Re: Ethereum Classic for margin trading?
by
styca
on 04/03/2020, 06:41:00 UTC
So now I’m exploring margin trading for altcoins. What do you think of ETC margin trading? Where do you trade? Maybe also recommend some platforms and strategies?

I would avoid margin trading unless you're a real expert. It's high stakes, and you can lose a lot of money very quickly. If you really want to do it, then I'd recommend building up a lot of experience in normal trading first.
One big rule of trading is pick a site and a coin that has high volumes. If you try to trade somewhere that has a big spread between the top buy order and the bottom sell order, then you are putting yourself at a disadvantage from the start.