low risk long position on BTC?
low risk long position on BTC?
I want to take a very low risk long position on BTC like 1.5x or something which would liquidate well below $10k and just wait.
Is anyone able to help me with the steps to implement this trade via binance? I have $1000 to spare for this trade.
Luwis K Answered question October 31, 2022
If your asking this question you shouldn’t be using leverage.
Luwis K Answered question October 31, 2022
I certainly wouldn’t call a 1.5x leverage meaningless, of you think that current price is nearing the bottom. If BTC starts hitting all time highs then that .5 is going to be quite significant (and your principal will be regained much quicker).
Reshantha De silva Answered question October 31, 2022
Why not just buy on spot?? If it’s only 1.5x I don’t see why you would choose to leverage.
Bhanuka Harischandra Answered question October 31, 2022