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/biz/ - Business & Finance

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>> No.15734326 [View]
File: 745 KB, 1242x2208, 99902C0B-61C5-4442-9AB0-E8B905DFCC7B.png [View same] [iqdb] [saucenao] [google]
15734326

>>15734268
im no expert, but on a basic level, there are some exchanges that let you use burrowed money.

If you use a random amount of money (like 5k) and say you do a 25x leverage, they let you use 20k meaning with your 5k, its like pretending you are using 25k of your own money.

So say you long and a crypto goes up 5%, thats 5% of 25k that you gained so 1250 (minus fees). From what I understand (I mean theres a formula you can use), the lower the leverage, the more leeway you have.
From what I understand, the liquidation price will never change. I could be wrong about that but havent seen anything saying the contrary

>> No.15723146 [View]
File: 745 KB, 1242x2208, C0C42217-ABB3-43F0-842E-969BB06F9757.png [View same] [iqdb] [saucenao] [google]
15723146

>>15723133
okay so basically I can even do 100x leverage even with shit money and all that matters at the end of the day is this formula. So long as I dont hit the liquidation price, im good basically

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