I just put my first trade on in 4 years.
640K sats worth 5X Long.
Only an hour before you posted this note.
Did I need to touch the stove again?
Discussion
I'm not checking the price!
Also, that's a lot of money to piss away allegedly.
You probably won't believe me but I don't actually understand how 5x leverage works.
🐸🙀🫡
100 % divided by 5 equals 🟰 20 ! It means, when price dumps 20 percent he loses all his money ! But any % gain upwards makes 5x more ! Easy enough?
Yes, I've read about it earlier today. Thanks for the explanation! I still think leveraging is a really bad idea on average. I plan to keep my record clean and stay away from it. 🫣
Yaaass! Inject 💉 more funds to startups instead ! 😁 😁
Leveraging is just glorified gambling 🎰 similar to slots and odds for live matches !
❌ stay away, issa plague !
Of course and since I've spent more than two decades in the gambling industry I can confirm this is not the way.