/biz/ - Business & Finance

>>	Anonymous Wed Apr 25 17:00:38 2018 No.9090179 [View] File: 4 KB, 318x159, download.jpg [View same] [iqdb] [saucenao] [google] I HAVE LOST EVERYTHING

fellow bitmexicans Anonymous Thu Mar 29 00:11:07 2018 No.8616565 [View]
File: 4 KB, 318x159, bitmex.jpg [View same] [iqdb] [saucenao] [google]

If you do the math we are getting sharked
5x leverage is .01% every 8 hours (higher leverage is more of course)
That comes out to 9.4% monthly fee
This fee is acceptable but we need to think strategically here. Due to these fees, long term leverage gets pretty expensive. Due to market fluctuations, ROI on current position has swung from 0-10% at least three times.

So what is the smart strategy? Take profits @ 10% ROI using 5x, wait for the initial entry to come back, rinse and repeat?

Anything over 10x is completely unacceptable imo

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/biz/ - Business & Finance

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