Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
suchmoon
on 26/05/2021, 15:42:16 UTC
⭐ Merited by shahzadafzal (1)
I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations $30k-$40k lines.

It's simple, borrow 100x of what you have and trade with it... 100x profit but 100x loss too, so if corn goes down 1% your collateral gets liquidated. Amazingly there is no lack of math-challenged idiots who think it will never happen to them.