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duncun007

Binance 125x leverage

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I haven't used futures, didn't know they had this high leverage. This is extreme and it will not even be fair. I wonder what conditions will be correct to open 125x on BTCUSD. Even 10x is very dangerous.

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It is insane to trade crypto with this high leverage, it will only help binance empty the accounts of the customers and it is useless to think you can make money with this. It is less chance than winning the lottery so you will be better to play the lottery instead of this.

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What is Binance thinking with this leverage. Maybe how to make more and more money from naive traders that will use this. I tried thinking when we can apply 125x leverage. I tried with 100x and a trader in the past had that explained but in the end he was losing too. This is not something we can use to make good money but very high risk leverage.

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22 minutes ago, annayks said:

What is Binance thinking with this leverage. Maybe how to make more and more money from naive traders that will use this. I tried thinking when we can apply 125x leverage. I tried with 100x and a trader in the past had that explained but in the end he was losing too. This is not something we can use to make good money but very high risk leverage.

Leverage trading is very risky and that is why we need to stay away from it because you must have to refund what you lend even if you lose while trading and instead of that i will suggest us to focus and accumulate some coins in this forum so that we can start trading on our own in the future when we sell our talktoken.

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I think such big leverages are acceptable only for very experienced traders who really understand how market works and what's happening. Inexperienced people can easily lose all their deposited money using such high risky leverage

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This is madness to trade with extremely high leverage. You need to be in very rare positions to make this trade but maybe in Binance it can work if the market is not made to liquidate positions like those.

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I think the leverage that binance offers us is crazy. It is a very great opportunity if you are an expert in the market, not only in candle analysis, but you also have to be an expert in patience. Because 125x leverage is not for everyone. If you are a nervous person, I do not recommend entering here, because in a bad move, you can lose all your money, I think the best thing is to start with very little, maybe about 10 dollars, to start testing how you move with this option. gives the platform. And remember, all investments have their risk and we must act responsibly with our money

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I like it that Binance said we added them but don't use them. The hypocrisy is very real in Binance. Maybe add 800x too and just say in a post, there was a guy that was asking it and we had to add it. These are money grabbing mechanisms.

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It is really a silly thing to have so much leverage, but as indicated by there are those who are players in this market that if they will use this function at least as a test.

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14 hours ago, Maaz sultan said:

I think this leverage value is too risky you need to put your money in decent trading and dont gamble with your hard working money otherwise you will lose everything and be a wise first think before getting any action .

yea we all know these high leverages aint for us but they are rather for those who are willing to take the gamble and see if they win or lose, people with huge capital would not care if they lost 1k or 5k, while this could be a lot of money to most of us.

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On 10/20/2019 at 12:23 PM, 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?

Screen-Shot-2019-10-18-at-10.46.49-AM-780x367.png

This is very risky maybe only beginners and gamblers will try to use such a high level of laverge or maybe only professional traders who have analysis with 99% accuracy will use such lavege.

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I am never trade with leverage. I am not use even the lowest not ever and my trade teacher always said this is not trade but gambling. He is true and you increase the odd of losing your money complete. When with the standard trade you are own the crypto and not gamble it like this. It is not what I am want and very dangerous for all to trade with any leverage imagine with 125. It is insane.

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I don't like Binance at all. I prefer to use Yobit and I will only use this leverage if yobit adds it. Yobit has many more features from Binance and it is the exchanges I will use only right now. I don't want to miss chances but Binance what it has to offer to a beginner? They have an academy that is very boring and I prefer learning from Cryptotalk instead.

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If you value your money then don't do anything silly and don't use Binance futures at all. You use long 10x and get liquidates at a 5% drop so don't try this it is bad for trading and only to use on occassions you can find that the ods are more than better for you, perhaps for 80% certainty.

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With such level of leverage, when you win, you win big. In the same vein, when you loose, you also loose big. Leveraged tokens are highly risky to trade. Be cautious!

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No, I wouldn't take such a high risk for any reason. This we should avoid even when prices are extremely bullish. The slightest drop can happen and we lost our money. So don't do so high leverage and don't gamble with leverage either.

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Yes you are right. And this is higher risky work. And people are playing with it and earnings and getting loss a lot. This is high Risk level.

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Raised the leverage ratio, this means an increase in the number of people who will lose their money from beginners using it, and it is one of the most dangerous tools for those who do not have experience in analyzing small frames and who do not have good capital.

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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?

Screen-Shot-2019-10-18-at-10.46.49-AM-780x367.png

I have used only 10x leverage trading at exchanges but above leverage trading I cannot handle. So I cannot imagine who can handle this level of leverage trading. Now I am doing spot trading and good with it. The spot trading have low risk and cannot give you big loss in trading. 

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Leverage is a double-edged sword, and when you use it in the wrong way, this may lead to zeroing in your account and losing all your money, and I do not go beyond a leverage by two because I can stop the loss in the event of a reversal of the deal.

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On 10/20/2019 at 7:23 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?spacer.png

Screen-Shot-2019-10-18-at-10.46.49-AM-780x367.png

Yes, the Binance platform has large levers, but I do not like levers, lighter than them. I am afraid of heights, as they may drop your balance quickly.

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It allows huge levers for some operations, but the financial leverage is very dangerous and it is not necessary to enter in large amounts, and this matter requires experience and skill in analysis because any reversal in the currency movement may lead to complete loss with such huge levers.

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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?

Screen-Shot-2019-10-18-at-10.46.49-AM-780x367.png

Dear it is her risky and I will say it I just stupidity because you can lose your all amount and I away you will lose because it I just like suicide no matter who difficult it is the result I'd just this you will do so I over take such risk instead I never think about such risks and I avoid all these things it is just madness.

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Despite the fact that 125x leverage is extremely dangerous, I believe that there are still a lot of people who can try it and possibly profit handsomely, though those who profited are far fewer than those who lost.

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The Anthropic AI model, Claude 3 Opus, offers an even more optimistic forecast, indicating a range between $105,072 and $167,808 by the specified date.   – Linus Torvalds, creator of the Linux operating system, is highly sceptical of digital assets. He expresses bewilderment and regret over claims of cryptocurrencies' long-term value and the omnipotence of AI technologies. Torvalds believes cryptocurrencies are excellent tools for fraud and are widely used in various Ponzi schemes. "I don't believe in cryptocurrencies and see them as a tool for taking money from naive and impressionable users, just as I don't believe in Santa Claus, the Tooth Fairy, or the Easter Bunny," he stated.   – Peter Schiff, a well-known financier and advocate of physical gold, has once again declared bitcoin a "dead cryptocurrency." Like Linus Torvalds, his negative comments aim to prevent potential investors from making a serious mistake by investing in this "pseudo-asset." However, the "gold bug" Schiff promised that if bitcoin enthusiasts stop comparing the cryptocurrency to gold, he would cease publicly criticising it.   – The court found Craig Wright guilty of perjury. "Dr Wright's attempts to prove he was/is Satoshi Nakamoto represent the most severe abuse of procedure [...]" the court's decision stated. "It is evident that Wright deliberately created fake documents to support false claims and used the courts as a means of fraud." "Wright's testimony was at best unreliable [...] and at worst fabricated," the judge declared, expressing complete confidence that Wright repeatedly lied to the court in his testimony. These perjury facts may now be referred to the British prosecutor's office. However, in a tweet on 20 May, Wright announced his intention to appeal the decision.   – Controversial blogger and former kickboxer Andrew Tate announced his intention to completely abandon fiat and invest over $100 million in bitcoin. He aims to break free from "banks, their money, and other scams." Tate promised to provide evidence of his actions. It is noteworthy that Andrew Tate, a millionaire and former MMA fighter, is also known for his misogynistic statements. All his channels on YouTube, TikTok, and Instagram are blocked.  It is known that Tate and his brother had been arrested in Romania on charges of human trafficking and rape. According to Romanian police, Andrew and Tristan recruited women for pornography. Romania TV reported in late 2022 that Swedish eco-activist Greta Thunberg might have been involved in their arrest. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
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