[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 175 KB, 1080x1350, 900C2D21-DFB9-49EE-8D98-884440BAE576.jpg [View same] [iqdb] [saucenao] [google]
24664657 No.24664657 [Reply] [Original]

Worth it? Thinking of leveraging 100,000 XRP and waiting for the next pump in probably late dec/early january

>> No.24664958

You can do it easily

I'm in a 100x long on BTC with my entry at 16400.

Just make sure to keep a very good amount of margin in reserve in case a 30%-40% drop happens early.

Good luck

>> No.24665123

I would help you OP, but you had to post a picture of some whore. So no help from me.

>> No.24665239
File: 186 KB, 575x620, 1606589772544.jpg [View same] [iqdb] [saucenao] [google]
24665239

>>24664958
Don't listen to this, don't go higher than 20x (preferably 3-5x) unless you're only using $100 or some shit like this broke retard probably is. Scale in and scale out. Use stops, or don't.

>> No.24665631

>>24665239
This guys speaks the truth, if OP is new to trading then avoid using high leverage.

I'm experienced and know what I am doing, and I'm far from broke thank goodness....

Go with a low leverage of 5x to 10x, do not put all into the trade (max 5% of your trading account at 5x, less if you go 10x)