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GarrettM25
Jan 28, 2020 11:21 PM

30x short on ETC/USDT? Short

Ethereum Classic / TetherUSBinance

Description

Call me crazy this is topping off and thought Id have some fun with it. So far upside down as price spiked as soon as I purchased but will hold this through to liquidation if needed.
Comments
SpecialAmbassador
With 30X leveraged its almost sure you will get liquidated. Dont use such high leveradge in a market that can go +/-20% a day. It can spike up to 17 USD and get back to 4 USD and all short/longs under 5X almost always gets liquidated.
GarrettM25
@SpecialAmbassador, I had a small amount and thought I could catch the top. I don't think thats good practice to trade like that on a regular basis, though.
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