Binance

Binance has introduced margin trading, us this going to push all the crypto market to the moon or just more volatility bigger losses and more risk...?

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What is margin trading

>largest exchange by real volume opens up shorting of shitcoins
>is this mean moon
user, I..

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Hey you should slap your self, it's a valid question margin trading is both ways, are you a crypto sceptic? Medium term and long term the overall trend is long even for a lot of alt coins. Next time you should slap your self hard before writing something dumb.

We've always been able fo make money buying but now we can make money selling. What happened to bitcoin in 2017 when futures shorts were opened. Almost to the day it dropped like a rock. Hundreds of billions in market cap gone *poof*. If you don't think shorting is bad for crypto I don't know what to tell you.

Borrow funds from exchang to sell or buy stuff, you guarantee with your funds. Effectively you increase the risk exposure of your trades on the exchange

Do you see the price of bitcoin now is it lower or higher then when marging was introduced, or futures. Or even the normal stock market do you think it's lower than when they introduced. Only fools 100% certain of everything they think they "know"

more gambling, less buying to hodl
welcome to bartworld
and price of shitcoin doesn't need to be high for degenerates to make money

hackernoon.com/notes-about-the-new-ethusd-perpetual-swap-at-bitmex-1b58bac7cb8b

you need to hold btc margin trade binance, so it does nothing overall