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/biz/ - Business & Finance


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29471369 No.29471369 [Reply] [Original]

I’ve got a question. Now I’m not gonna get into leverage trading until I 100% understand the mathematics of it all cuz people get raped by it very often. But If I short Bitcoin with 3x leverage... does that mean that my profits and losses are multiplied by 3?

So if I short Bitcoin with $1K with 3x margin, And Bitcoin goes down 5%, do I essentially make $150?