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If that is meant to be a joke, it’s actually quite funny. Good job. If you meant that seriously, it’s extremely poor quality advice. Leverage is neither free n
by hluska 4y ago
If that is meant to be a joke, it’s actually quite funny. Good job.
If you meant that seriously, it’s extremely poor quality advice. Leverage is neither free nor cheap. And taking 100% leverage is obscenely risky. Your characterization of it as ‘risk free’ is the most dangerous part. At 100% leverage, small swings could lead to calls you simply cannot afford.
- lolegreg 4y agoYou’re misreading. That comment is a powerful, personal realization he’s had and shared with us and a really, really interesting thing to watch happen. I’m serious. You’re explaining to him what he’s just realized so hard that I can taste the holy-shit bile through his comment. Welcome him back to the fold. Don’t lecture him. I never thought I’d see it actually happen, and I’m kind of blown away I’m in the same thread. It’s actually possible for the hardcore believers to snap out of it, and that’s the unquestionably greatest thing I’ve heard in three long years. There is hope. I was genuinely starting to wonder. Note that this isn’t personal and I had no idea who he was until five minutes ago. I just type some shit in the username box every time I sign up.
- microtherion 4y agoBTW, the assumption that Tether would not go substantially above $1 is incorrect. Tether has occasionally traded as high as $1.32 — of course these were only brief glitches, but sufficient to completely wipe out short traders. Any suggestion that such glitches could have been engineered by the exchanges who are closely connected to Tether is, of course, nothing but malicious slander.