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RE: Leverage Trading - 1 Bitcoin Can Be Traded For 100 Bitcoins !

in #bitcoin6 years ago

You would have got liquidated (lost your balance/deposit/collateral) by the system to ensure you you can't lose more than you have in your account.

At 100x leverage, a 1% change in the wrong direction and you get liquidated. A 1% change in the direction you want (increase if long, and decrease if short) and you would double your money - assuming you close out and lock in the gain.