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I'm not an expert in forex, but as far as I know, high volatility commodities can quickly wipe out forex accounts, especially with such low amounts. It does se
by salient 13y ago
I'm not an expert in forex, but as far as I know, high volatility commodities can quickly wipe out forex accounts, especially with such low amounts.
It does seem like a very interesting strategy though, that can probably make one even more money than investing directly in Bitcoin, but for that to work I think you need a sizable ($10,000?) amount, and only invest a few hundred dollars at most in that position. That way you can still make a lot of money if Bitcoin keeps increasing, but if it does happen to drop quite a lot, at least there's a much smaller chance of losing all the money.