Margin Trading? No, thanks!

in hive-119463 •  3 years ago 

Hm...

It seems Binance are quite desperate to have more margin trades and traders on their exchange.

So far, I've got three email in a row, within the last week, inviting me to enter the world of Margin Trading.

Well, in those uncertain times, my humble opinion is that is way too risky.

Of course, unless you have reliable information by trusted sources. And lately, some of those who were correctly predicting the behavior of Bitcoin and the major alt-coins for years, have failed in their predictions and analysis.

Margin trading is indeed one of the fastest way to gain profit but if you're working with the wrong information or do even one step, you will most probably loose all your assets.

You don't trust me on that? There are plenty of stories of such "liquidated" accounts. Check for yourself ;)

Break a leg! :)

Screenshot (77).png

Image source: https://www.binance.com/en/trade-margin/BTC_USDT

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