Cryptocurrency trading isn’t for the faint of heart, and unfortunately for one trader, he found this out too late. The trader took his life after he lost 2,000 bitcoins in a single trade. He had placed a bet with a 100x leverage, but the markets didn’t go his way. The […]
Tag: leverage trading
What is Leverage Trading?
Trading in cryptocurrencies always involves certain risks. These markets are incredibly volatile, which is part of what makes them so attractive. Some traders are not content with just the volatility, as they want to perform leveraged trading. This can yield vastly higher profits, but can equally incur severe financial losses. […]
Monfex – Brand New Leverage Exchange with Social Trading
Cryptocurrency has come a long way since its inception. As the industry developed, the volatility has dropped significantly. We saw evidence of that in the second half of 2018 when the market has traded sideways for over 3 months. Specifically, there was very little volatility in September through mid November. […]