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leverage

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Anonymous
leverage 2017-08-27 02:16:03 Post No. 3227823
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leverage Anonymous 2017-08-27 02:16:03 Post No. 3227823 [Report]

Hey
A total noob at this and trying to understand leverage. Been reading and watching videos on it but i just cant wrap my tiny little head around what it actually means.

Specifically in regards to bitcoin and other cryptos.

I understand all the examples given, buy a car at 10:1, sell it for a little more and pocket the profit. bla bla bla

But i cant translate that to what it actually means to say putting in a buy order for 1 ETHXBT at say 2:1.
Tried it with some chump change, two identical orders, one at 2:1 and one without leverage.
They look identical, same cost, same amounts bought etc.

What actually happens?

Anonymous 2017-08-27 02:17:32 Post No.3227839
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Anonymous 2017-08-27 02:17:32 Post No.3227839 [Report]

>>3227823
Do a 50:1 leverage on Bitfinex and find out the hard way

Anonymous 2017-08-27 02:19:10 Post No.3227854
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Anonymous 2017-08-27 02:19:10 Post No.3227854 [Report]

>>3227839
Haha, sounds like a great idea. Hold my beer, brb,

Thread posts: 3
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