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/biz/ - Business & Finance


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20439008 No.20439008 [Reply] [Original]

So I was thinking after I saw an anon post his 5k in 5 minutes gains from a german wellness center or whatever. Is this the secret?

You have a 100k portfolio. You put 20 or 30k into a leveraged margin trade at x10 at most. On current ETH prices that's 300k for 1300 ETH worth. ETH goes up 1 point, you gain 1300. Set stop losses of course so you don't get margin called out of 30k. (and even then your liq. price would be way below a flash crash or pump by today's standards)

Of course this assumes you pick the right direction and what not but. In such a predictable crab market, is this a dumb strategy?

>> No.20439105
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20439105

I tried once and my stop loss got triggered way further than the price I inserted , luckily I've only lost 20 bucks