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24163990 No.24163990 [Reply] [Original]

is margin trading profitable?

>> No.24164093

>>24163990
No. Unless you live and breath trading strats you won't make it margin trading. 95% of people don't make money doing it. Just hold eth, btc, and some shitcoins you think will moon. Put btc and eth in a services like cecius that gives you interest.

>> No.24164143

>>24163990
Holding is more secure yeah, but during an obvious bullrun, just take 10% of what you hold or even less and do a +10 margin trade if you are super convinced it'll bull. If you are luck you make 10% gains within a few minutes/hours. which basically doubles the money you hold. But yea margin requires alot of risk management. and you have to be sitting actively for hours in front fo the chart to avoid a margin call

>> No.24164239

>>24164143
also if you margin trade, remember to borrow in USDT or BNB(preferably BNB, since I read alot about USDT beeing a scam n shit). You want to reap in the Profits from the Volatility of the other Cryptos. USDT and BNB are more stable.

>> No.24164300

>>24164239
>>24164143
>>24163990
so if you wanna try it, try it with small sums first, so you get an understanding&experience when its best to buy nad when its best to sell.