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/biz/ - Business & Finance


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11571023 No.11571023 [Reply] [Original]

HOLY SHIT I accidentally just bought ethereum with 50x leverage. WTF. I don't even fucking know what leverage means. I wanted to enter 5 not 50. SHIIIIEEEET!! Help guys Help. Need a quick rundown on this leverage stuff. What will happen what are the risks?!

>> No.11571033

post image faggot

>> No.11571060

>>11571023
The risk is you lose everything.

>> No.11571165

>>11571023

just buy normal eth,

32 eth = decent stack in end of 2019 (staking)

>> No.11571182

>>11571023
Thanks OP you help others make money.

>> No.11571191

>>11571023
x10 means -10% you lose everything
x50 means -2% you lose everything

>> No.11571204

>>11571023
Hopefully ETH will go back up. Maybe you will be lucky enough