Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I'm playing with the thought of taking loans and going 20x leverage
The main thing from stopping me though is if I would be able to get get my money out.
Let's say I make a huge killing, like $10million the coming months if bitcoin were to spike, how big of a chance is it to get all that money out and how much trouble is it?
The main thing from stopping me though is if I would be able to get get my money out.
Let's say I make a huge killing, like $10million the coming months if bitcoin were to spike, how big of a chance is it to get all that money out and how much trouble is it?
Why not take that money to the casino first for a 10x increase, and THEN leverage it up? Make some real gains!
LOL
well this is my thoughtsI'm expecting a beartrap down to ~340 after we have reached 430-440 and if it looks like it ain't going down anymore at that level, I would enter
Now if it goes wrong, i'll be fucked, clean and clear. But if it goes how I want it to and I feel pretty confident it will, then wow... Words can't describe it
However I want somebody to address my main question which is if it would be hard to get out all that money. Is bitfinex safe and trustful?
edit: I probably won't take loans though
Might do it with just 5-6 bitcoin. It's not the money that's attractive. It's the feeling you get after taking massive risk and coming out on top of it