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29829599 No.29829599 [Reply] [Original]

Im new, i have 25 ADA on kraken, since ADA is going up, if i do a x3 and wait like a day until it gains more, then sell all, if i understand i will make x3 profits ?
But i will lose almost everything if ADA Crash, i want to know, i don't seek to get money, just to have fun, can i expect to gain some euros with it

>> No.29829696

bump

>> No.29829701

Store 25 ADA for 5-7 years. Get yourself a house.

>> No.29829734

Get a real job before you invest

>> No.29830433

seriously, just explain the lever effect

>> No.29830483

>>29829599
If you 3x leverage the market top you deserve to lose all your money.

>> No.29830809

>>29829599
This has to be a bait. If not, we are due for a serious correction. Worst of all, its always the newfags that get attracted to ada/xrp/xlm and buy at the absolute top.

>> No.29832149

>>29829599
If it falls below a certain price your ada will be liquidated to cover the cost of the lender.
Leverage trading is risky in crypto cause a whale might just randomly(randomly, without warning) dump his bags and wipe you out completely. Look at the candlesticks, see the shadows on them.