Which broker for daytrading BTC with leverage of at least 10X ?

S

Saxio

I am looking for a broker with at least 10X leverage through futures or margin trading on spot

should have fast execution and low commissions ...

binance for example has lag issues when there is a lot of activity .
 
Saxio said:
I am looking for a broker with at least 10X leverage through futures or margin trading on spot

should have fast execution and low commissions ...

binance for example has lag issues when there is a lot of activity .
More...
Try Forexchief, 1:1000. Low spreads and commission. My experience says it is so. Use a demo first or micro account to check.
 
In the U.K. the FCA made the bucket shops advertise how many clients lose money. The numbers are around 80%. Apparently the losers are the ones using margin. The ones not using margin but avoiding the transaction tax make money.
 
Cryptos are freakin' awesome for trades, I personally don't see a need to use leverage... and it helps me sleep at night, a little bit

I've had several annoying losers in a row, ~40% on bmxx (~$10k), ~20% on xmark (~3.5K), even cake was a winning trade turned into a small loser, but all you need is one winning trade and ape into it hard!

Saw Chiliz $chz on Monday (4 days ago) was mooning, wtf is that??? oh, could be an NFT play, or some kind of sports crypto, whatever, liquidate xmark, bmxx and got into chz at 24 cents. Oh sh*t, it's still going up, trade a bunch of cake into it at 34 cents, now m2m (chz @ 79 cents) trade has profit$ 6 figures on risk capital of about ~$50K

Probably jinxed it, but point is cryptos are in a bull market. Everyone's a freakin' genius and if trading leverage, just putting unnecessary burden on yourself. I can't even read a chart, I just use price action. No financial advise, here just typing random thoughts...
 
johnarb said:
Cryptos are freakin' awesome for trades, I personally don't see a need to use leverage... and it helps me sleep at night, a little bit

I've had several annoying losers in a row, ~40% on bmxx (~$10k), ~20% on xmark (~3.5K), even cake was a winning trade turned into a small loser, but all you need is one winning trade and ape into it hard!

Saw Chiliz $chz on Monday (4 days ago) was mooning, wtf is that??? oh, could be an NFT play, or some kind of sports crypto, whatever, liquidate xmark, bmxx and got into chz at 24 cents. Oh sh*t, it's still going up, trade a bunch of cake into it at 34 cents, now m2m (chz @ 79 cents) trade has profit$ 6 figures on risk capital of about ~$50K

Probably jinxed it, but point is cryptos are in a bull market. Everyone's a freakin' genius and if trading leverage, just putting unnecessary burden on yourself. I can't even read a chart, I just use price action. No financial advise, here just typing random thoughts...
More...

Can't edit my post anymore. Anyway, will start to liquidate position to btc, too much too fast and I don't understand Chiliz project much [posting it in case anyone is trying to follow the long trade to $CHZ]
 
johnarb said:
Can't edit my post anymore. Anyway, will start to liquidate position to btc, too much too fast and I don't understand Chiliz project much [posting it in case anyone is trying to follow the long trade to $CHZ]
More...

Hit the daily withdrawal limit 2 btc, which is probably a good thing, since i kept selling as $chz is still going up.

Got more chz to sell tomorrow, or maybe i could hodl for a day or two, just not on-board with the value prop of the project, mainly because not a soccer fan

Interesting thought comes to mind whether I'd continue to trade to btc or pfolio is too overweight to btc, I won't go back to eth, and I got enough bnb and other cryptos, i could trade to stable coin or paxg (crypto backed by gold and redeemable for gold)... anyway just rambling on, not related to this thread....
 
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