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

in #bitcoin6 years ago

@moneyguruu i have a question to ask that for example if a person has 1 btc and he choose 100x leverage and the btc go below 9000 dollar then what will happen as he only deposit the amount of 1 btc is account and loss is more than that. so is there any policy of leverage trading?

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I was making video over it today which will help all but due to some electricity problem in our area cannot make video today so tomorrow video will help you all over it ..

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.