POLONIEX MARGIN TRADING

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Anonymous
POLONIEX MARGIN TRADING 2016-12-21 02:40:09 Post No. 1681213
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POLONIEX MARGIN TRADING Anonymous 2016-12-21 02:40:09 Post No. 1681213 [Report]

If I expect a coin to shoot up in 7 days time... But i have no money except for the coin that I want to buy more of... If I transfer it to margin trading and buy using the leverage... And I buy 10btc worth with a loan rate 0.02% how much would it cost for the loan when I close the order after the expected 7 days later? are there any other added on fees other than the 0.02% per day loan rate and the 0.15-0.25% poloniex trade fee?

So i would expect it to cost in total-- 0.002btc per day equating to a cost of 0.014btc over the 7 days span?

Is this the total cost for the trade or is there added extra fees?

Anonymous 2016-12-21 03:03:50 Post No.1681236
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Anonymous 2016-12-21 03:03:50 Post No.1681236 [Report]

how the fuck would you know what coin is going to skyrocket let alone in exactly 7 days

Anonymous 2016-12-21 03:20:31 Post No.1681257
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Anonymous 2016-12-21 03:20:31 Post No.1681257 [Report]

>>1681236
...but are the maths correct?

Anonymous 2016-12-21 03:28:22 Post No.1681271
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Anonymous 2016-12-21 03:28:22 Post No.1681271 [Report]

just put it all into bitcoin you dweeb.

altcoins are for when we're sailing above $3k

Anonymous 2016-12-21 03:35:05 Post No.1681281
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Anonymous 2016-12-21 03:35:05 Post No.1681281 [Report]

>>1681271
Trading altcoins is a good way to get more BTC.

Anonymous 2016-12-21 03:41:41 Post No.1681298
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Anonymous 2016-12-21 03:41:41 Post No.1681298 [Report]

>>1681281
You'll find most altcoins are very much in the control of whales who collude. Getting on the same side of the trade as them can be extremely profitable, but don't stay in even medium-sized positions for very long, because giant wicks which look for stops are very common, and can completely wipe your account out in seconds.

If you want my advice, don't trade shitcoins (the ones you don't intend on keeping +12 months) on margin and accumulate coins which you think will have legs. My picks are maidsafe, xmr and eth. But only less than 5% of my bitcoin balance.

t. someone who has traded altcoins since 2012

Anonymous 2016-12-21 03:47:40 Post No.1681315
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Anonymous 2016-12-21 03:47:40 Post No.1681315 [Report]

>>1681281
Also, my point was that in relation to the 2013 bubble, altcoins were a really shit investment (with the exception of litecoin) on the bitcoin rally, but when the gradient was at its maximum (i.e. when bitcoin hype is the greatest) that's when altcoins started taking off.

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
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