leverage?

[Anonymous No.56533590]

if you put 1000 dollars on 100x leverage, is 1000 dollars all you can lose?
or can you lose more.
because risking 1000 dollars for 100k seems kinda nice.
there has to be a catch

[Anonymous No.56533617]

the catch is that a 1% move is gonna liquidate you. The opportunities for x100 are very rare, i managed to get some high lev trades but you shouldn't really do it if you have enough money to trade. (anything from $1k+ is enough to just play with 10x leverage if you want to trade a little more degen). If you only have like $100, you can try a degen play but you need to wait for a very good opportunity and know what you're doing.

[Anonymous No.56533706]

>>56533617

should I use a CEX or a decentralized protocol?

[Anonymous No.56533892]

>>56533706
don't trade if you're a noob. Learn with paper trading untill you have a good strategy and proved it with statistics.

[Anonymous No.56534049]

>>56533892
What if I'm an advanced noob, and $100 for a chance at some wealth isn't much?

[Anonymous No.56534076]

>>56533590
>is 1000 dollars all you can lose?
No you fucking tourist
$1000 100x leverage = you will own $100,000 to the exchange in case you short is liquidated. And yes they have your KYC and can force the payment if you are in US and some EU countries.

[Anonymous No.56534109]

where can a burger do leverage?

[Anonymous No.56534131]

>>56533706
crypto is pure volatility, dont use leverage... you dont need leverage to hit a 10x, 20x, 100x in this space

coins will literally dump 80% right before they 50x and all levaragors kill themselves while spot holders cum in their pants

[Anonymous No.56534163]

>>56534109
It's illegal to leverage trade in the US.

[Anonymous No.56534387]

>>56534076
Niggers can't do math. You can only lose what you put up. Your entry price is all that matters