Hello Friends ,
Today i would like to talk about leverage trading where you can trade for 100 bitcoins while you only have 1 bitcoin in pocket . I will be even sharing some leverage trading secrets which will help you to earn regular profit from it so stay with the blog till end .
But before i move ahead with this blog i would like you to know leverage trading is just like gambling where you trade for bitcoin movements weather price will increase or decrease once you open the trade (this is highly risky and can result in loss of all your earnings ) so i will advise use this platform of leverage trading only if you know what’s really going on in crypto market as if you know how to use it then you can really make big bucks from leverage trading .
We all know futures market has started in bitcoins as well and we always get stressed when we see bitcoin price to go down as we are holders for bitcoins but now i will say no more to that stress . Using leverage trading and this platform we can even earn when bitcoin price fall , yes you heard it right you can earn with every fall of bitcoin price as well .
Over here i am talking about Bitmex which allow us leverage trading where you can either short or long bitcoin and start making profits on your futures trading of bitcoin .
To join Bitmex you can join from here - https://goo.gl/pcuQfN
SOME IMPORTANT TERMS IN Leverage Trading :
So what is Bitcoin Futures trading ?
- Trading where you can predict if the price of bitcoin will go up or down once you open your trade .
What is Shorting Bitcoin ?
- Means you are predicting that bitcoin price will go down . So if you open a trade and bitcoin price goes down you make money and if the bitcoin price increases after you open trade then you loose money .
What is Longing Bitcoin ?
- means you are predicting that bitcoin price will increase . So if you open a trade and bitcoin price increases after you open a trade then you earn profit over it and if bitcoin price fall after you open the trade then you loose money on that trade .
What is Leverage Trading ?
So if you have 1 bitcoin in your wallet using leverage trading on Bitmex platform we can even trade for 100 bitcoin worth value .
Bitmex leverage trading offers us multiple leverage trading option . 2x -3x - 5x -10x -25x -50x -100x Leverage .
Let me try to explain you with example
For example if bitcoin price is $10000 today and you have 1 bitcoin on Bitmex .
Now you have option weather you want to take high risk or low risk .
- Higher the risk more money to be made and higher the chance to loose every penny you have .
So if you choose 10x leverage then that means :
you can trade for 10 x 10000 i.e $100000 value .
Now if you decided to Long Bitcoin and bitcoin went from $10000 to $11000 so your trade made profit of $1000 which will be multiplied with 10 as you have choose risk of 10 x . So your total profit in the case would be $1000 x 10 = $10000
But on other hand
If you decide to long bitcoin and bitcoin went from $10000 to $9000 so your trade went on loss of $1000 which will be multiplied with 10x as you have chosen 10 x risk . So $1000 x 10 = $10000 and this was the money you have in your account which will not be liquidated amung the users on bitmex . Means you lost all $10000
Let’s take another example which is never suggestible :
If bitcoin value is $10000 and we choose 100x leverage then we can trade for 10000 x 100 = $1000000
Now again if you decided to long bitcoin and bitcoin went from $10000 to $10100 means only $100 profit made on trade that means total profit will be $100 x 100 = $10000 which means you doubled your money with only $100 movement in your favor.
But now on other hand :
Now again if you decided to long bitcoin and bitcoin went from $10000 to $9900 then your trade made $100 loss which will be multiplied with 100 so amount will be $100 x 100 = $10000 loss and that is all what you had in your account .
So it clearly means the more leverage you choose more risk you are putting in . For sure returns can be huge you can even make 100 bitcoin out of 1 bitcoin using leverage trading on bitmex but this is very risky as any sudden moment against your trade can liquidate your trade and result in full loss of money .
BIG TIP IF YOU WANT TO DO BITMEX LEVERAGE TRADING :
Always open a trade at high support level of bitcoin for example if bitcoin is at $6050 then the chance of it to go below $6000 is very less at that time if you open 10 x leverage trade you can make $200 easy as at those levels as we usually see $100-$300 pumps at those levels .
So if we made profit of $200 in 10 x leverage we are directly making $200 x 10 =$2000 profit as we open trade at very high chance of WIN .
So what you think about leverage trading after reading this blog pls comment below .
And if this blog has helped you to understand what is leverage trading and you will be able to take advantage of it now then pls Upvote to show your love and support .
Leverage trading is very risky i will advise only expert or people who have knowledge about bitcoin and charts should do this kind of trading . So any profit or loss for your decision to leverage trade will be your responsibility .
Wish You Success