/biz/ - Business & Finance

>>21446738
Leveraged tokens are basically a derivative thing that comes from some guy making a 1000$ token that there will be a "3000"$ worth of that token. Like, he makes a token worth three times that coin; but the thing is, if the coin goes up 10% you can get a 30% profit in a day; but if it keeps going up and down, then it falls then you will lose some money cause there's nothing behind backing up that 1000$ original worth. Also, if it goes down 10% and goes back up 10% you don't get that money back cause if it rises after it fell down, then you lose more of your original money.

What worries me is the threat of actual liquidation; like it just liquidating all of it. I was wondering if any anons had it and if it's possible that there is just so much gain with LINKBULL that it liquidates on its own.

This shouldn't be possible.
I feel like I'm stuck in a nightmare.
Just months ago we were all making fun of linkies.