What coins are best for margin

[Anonymous No.18559647]

I just learnt how to margin trade on binance.
But I don't think there's much profit in doing it for bitcoin because I don't have much money.
How much margin do I need? All they gave me is 3x and 5x.

[Anonymous No.18559673]

>>18559647
id put my coin into her margin, if you know what i mean

[Anonymous No.18559677]

>>18559647
eth and btc, ltc, xrp and ada from best to worse. dont fuck with alts. If you want a better exchange to do 100x I would go to bitseven

[Anonymous No.18559705]

>>18559677
Is 100 margin really a good idea? I don't know if I want that much responsibility

[Anonymous No.18559833]

>>18559705
it's simple trade at 100x you must understand the following.

1. Check the 6hr chart this divides the trading day into 4. Count the number of green candles vs red candles if it looks like one side is winning pick that side.
2. No more than 25% of your trading account in a trade. Use the rest for backing up you position by diluting your position. For example .25BTC position at 100x you would do an limit order of .25 at 1x $10 away from your liq point. If it triggers you get .5 BTC at 50x and prevents you from being liquidated
3. Trading at 100x requires you to get in and out of trades within minutes. If you see sideways action its a no trade zone. Right now is a no trade zone
4. Trading at 100x is most effective while looking at the one minute chart.
5. Borrowing money to trade requires fees to do so. You are trading with other peoples money. On bitseven you have to be over 15% to cover fees on a position. aim for 40-100% dont be greedy.

at 100x if corn moves 1% you double your profit. at -.8% you get liquidated. If this scares you, you could always just do 10x lev so that way corn would have to move 9.8% against you to be liquidated. Never put too much money in a trade and control your emotions good luck anon.

[Anonymous No.18559913]

>>18559833
Okay. Thanks.
You sound like you do it all the time. These tips you gave do you use them regularly?
I think I'll start at 10 lev so that I don't get too stressed.

[Anonymous No.18560073]

>>18559913
yes, before each trading session I check the 6 hour chart to determine the direction I look at the last 10 candles. I use heiken ashi candles on the 1 minute chart. I paid off 30k student loan last year with .2 BTC after buying at 3.3k leverage trading this way. It's risky but thats why you play with small amounts and have money to back up positions.

[Anonymous No.18560105]

>>18559647
SHAMICOCK!!!!!!

[Anonymous No.18560118]

>>18559647

>Don't think this means you've won, Chainlink!

[Anonymous No.18560166]

>>18560073
Thanks. I'm glad you made money. Where do you think BTC will go from here? Looks like its crabbing around 7.1k and 6.9k

[Anonymous No.18560229]

>>18560166
no position right now just watching until I see clear direction. The market is being indecisive. I'm predicting a pump up until the halfening and then a massive dump 4 days before the event

[Anonymous No.18560285]

>>18560229
That makes sense

[Anonymous No.18561745]

margin chainlink

[Anonymous No.18562926]

>>18559647
none

fuck margin