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Board Beginners & Help
Re: Bitcoin: Understand how to use your coins
by
tranthidung
on 31/10/2021, 05:03:08 UTC
It all started with discovering the futures market. High leverages!
That sounded interesting: Earn at high more than 10x more.
With Futures or Leverage tradings, it is suicide if you open your position because you hear of someone earned big with such trading types.
And if you don't read their formula about collateral and liquidations.

If you read such documents, you should know 10x is very risky.

Quote
I lost about $150,000 for wanting to be faster than time itself. Don't be stupid like I was.
$150,000 is big enough and why did you have to gamble when you already have big capital?

Answer this question and fix your own problem. People mostly gamble because they have small capital to begin with but it is not your case.

Else, I don't think it is good to gamble with what initial capital you have. Do it carefully and increase your capital gradually is better and safer. If you win big with gambling, you will lose big with gambling again. It is zero-sum game.