Binance 125x leverage

[duncun007 3577]

I used to think 10x and 25x leverages are crazy but now binance took the game to higher level of madness with thier 125x leverage! which makes me wonder would anyone be open to take such a high risk?

[cryptotalker 611]

very risky option. The most ideal is to choose 10x. 125x is like suicide. as a needle of a candlestick, you can go down in history. It is not a wise business, but the purpose of such risk areas is not to trade. is just looking for excitement.

[bentayebsalah 2280]

She added in the degree of risk and suicide more
You may lose everything
This is not madness, but only stupidity

[duncun007 3577]

13 hours ago, cryptotalker said:

very risky option. The most ideal is to choose 10x. 125x is like suicide. as a needle of a candlestick, you can go down in history. It is not a wise business, but the purpose of such risk areas is not to trade. is just looking for excitement.

yea exactly because even 10x is risky for day traders, but i think its going to be used by gamblers not traders because no one would be ready to lose such money but gamblers.

[Caporetto 327]

People are not rushing anymore to buy CZ scam IEO's that we all know he and his friends bought in private sale. So now he resorts to 125x leverage to rekt ppl, the average binance user has no idea how to use it.

[duncun007 3577]

8 minutes ago, Caporetto said:

People are not rushing anymore to buy CZ scam IEO's that we all know he and his friends bought in private sale. So now he resorts to 125x leverage to rekt ppl, the average binance user has no idea how to use it.

i think 125x comes without warning because i think all crypto communities can agree its just not trading when the risk is that high but a few curious ones will try it just to feel the gambling rush.

[Bills 583]

Well, there will be people who flatten up to 125x, the truth is that the maximum I've done is up to 25x and in Bitmex, I haven't tried Binance yet, I hope it's not a long list of liquidations.

[hexwin 4931]

I saw this news about Binance.... That high leverage is very risky and I can see Binance earning more Bitcoin from moon boys who want to go with max 125x
Why would I give my bitcoin to Binance? They have enough of it

[duncun007 3577]

6 hours ago, Bills said:

Well, there will be people who flatten up to 125x, the truth is that the maximum I've done is up to 25x and in Bitmex, I haven't tried Binance yet, I hope it's not a long list of liquidations.

i dont think regular traders will have the balls or the iron nerves to try 125x leverage, thats an easy way to lose a month gains in a day

 

6 hours ago, hexwin said:

I saw this news about Binance.... That high leverage is very risky and I can see Binance earning more Bitcoin from moon boys who want to go with max 125x
Why would I give my bitcoin to Binance? They have enough of it

ya exactly and he knows there will be whales willing to gamble because he said it was added due to "popular demand"....

[Paranoxxx 228]

I don't like these leverage trades because of the high risk. 125x leverage will destroy some nice balances and it would definitely destroy mine.

[Mohs3n71 0]

I don't know much about leverage trades as I avoided them all the times, but it looks something more than risky, It's just good for binance

[bestprofi 372]

There will be enough people to risk everything, driven by the adrenaline rush of gambling. The only one who will win, in the end, will be Binance and CZ.

[Ghetto workout 6263]

in my opinion this is too risky a way to make money, cryptocurrencies themselves have a risk of falling in the know, and by connecting leverage here it becomes possible to stay worthless.

[Ghetto workout 6263]

5 minutes ago, maxpetts said:

Yes but this can go back very soon. We are in the bear market but the bull is coming and in this time the leverage is very good idea for profit

I agree with you, some people have a good profit on it but very often beginners lose because of inexperience and call it scam.

Edited October 21, 2019 by Ghetto workout
Remark

[Mohs3n71 0]

On 10/21/2019 at 5:13 PM, james said:

i will suggest to use bitmex instead of Binance because i feel safe in bitmex. and binace hacked many times. so its upto you which one you want to use.

binance hacket many times? binance just hacked one time actually and users didn't lost actually anything because binance paid every user that was affected by that hack and let no harm happen on users

[duncun007 3577]

14 hours ago, cakkepe said:

there are even more in the bitmex platform but you need to see if the risk is worth because it can make you lose a lot of money real quickly

125x is nothing

i think in general leverages are very risk whether its 5x or 125x because you cant trust the movements of bitcoin so you'll get liquidated faster than you expected.

[Mohs3n71 0]

17 minutes ago, duncun007 said:

i think in general leverages are very risk whether its 5x or 125x because you cant trust the movements of bitcoin so you'll get liquidated faster than you expected.

this leverage things actually is just a tool for exchanges for earning more profit from people greed, the only winner here is exchange website

[duncun007 3577]

1 minute ago, Mohs3n71 said:

this leverage things actually is just a tool for exchanges for earning more profit from people greed, the only winner here is exchange website

yea theyre more like casinos now, if you ever been to Vegas you'll see people putting 10k chips in ONE game so now exchanges give you the chance to gamble while you're at home.

[Lubruselu 2803]

Binance future is really good option for those traders with low capitals of trading.

But I advice for those with balance below 0.002 to use leverage 10× it will be more safely.

[HammadAli 91]

On 10/20/2019 at 10:23 AM, duncun007 said:

I used to think 10x and 25x leverages are crazy but now binance took the game to higher level of madness with thier 125x leverage! which makes me wonder would anyone be open to take such a high risk?

Things like this would lead people to lost their money quickly. This thing is really bad if you think about long terms.

[Emma 611]

People who know crypto very well can make huge profit through leverage trading. in bitmex, the max leverage was 100x and now binance giving 125x. really great opportunity for then.

[duncun007 3577]

17 hours ago, Emma said:

People who know crypto very well can make huge profit through leverage trading. in bitmex, the max leverage was 100x and now binance giving 125x. really great opportunity for then.

those 100x leverage has nothing to do with crypto its all about luck and if youre a lucky guy then you will make some good money but at the same time this 125x can drive you broke becase i think you get liquidated after 1%.

[khan22 3478]

Its good but i am not the user of Binance i just use the yobit not other exchanges because i already invest so many money in the other exchanges and almost that exchanges make hacked and i lost my all money thats why i am not using other exchanges i just use the yobit.

[Crypto123 0]

I think this is a huge crazy move from the Binance exchange !!! I consider leverage 25% mad, so how about when you get 125% !!! This is a risk that has a great risk, because the higher the leverage, the higher the profit, but the more it increases.

[Gondalhn77 2]

i hate leverage trades because of this a very high risk i loss lot of money on it