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Non-leveraged crypto trading with iforex

  • #81
  • Mar 4, 2024 10:24pm Mar 4, 2024 10:24pm
Well guys, its not just last week. The price of bitcoin as of yesterday was over sixty-five k. I do not know why anyone would go for a leverage in this market. I think this is where iForex non leveraged trading is ideal. Come on... next week, the price of BTC could have reached ninety k, or it could go back to the forties, but in any way, a leverage is overkill in this market.
  • #82
  • Mar 10, 2024 1:08am Mar 10, 2024 1:08am
man... I love the markets rn. Just a week ago, we were all here yapping about nvidia and its stock prices and the S&P 500 hitting an all time high because of it. Before the week ran out, we had switched totally to bitcoin and bitcoin EFTs. A roller coaster aint got nothing on this. If wat you seek is total gain or total loss in a blink, then using a leverage to trade now will certainly get you that.
  • #83
  • Mar 10, 2024 7:32am Mar 10, 2024 7:32am
I guess that is the reason that most brokers offer a conservative leverage for crypto trading. IForex though... would certainly attract a lot of serious traders because of the non leveraged trading. It will be really reckless to trade cryptos with a leverage now. Maybe those that are trading little amounts will try to make insane amounts of money overnight. But yoooo... this bull rush of BTC will give someone a heart attack. I know many people now believe it will reach a 100k, but I still don't think it'll quite get there.
  • #84
  • Apr 26, 2024 11:15pm Apr 26, 2024 11:15pm
Guys... the long awaited halving is come and gone. For me, I think I will wait a bit before I get into the BTC markets again. From past experience, the price often sees a down move especially in the month of halving before it picks up again. SO, right before the event, the price started to go down, and it droped more on that day. But now, price seems to be on its way back up but I am seriously in no rush to start going in for buys. Possibly, the trends might be changing because as we all know, the market has changed and the trading volumes of BTC are insane rn. But, these are the rules of BTC trading as I know, but I am keeping my eyes on the charts. In a bit, we are going to see the new highs.
  • #85
  • Apr 27, 2024 9:23pm Apr 27, 2024 9:23pm
I think you are actually right. but if you also noticed, the time it took for the coin to bounce back is significantly dropped every time. Same way the halving event is inching closer to an even four-year period, adding a month each time, I believe that the time it takes before making a new high is also significantly reducing. And come on... think about it. This year alone, with the Bitcoin ETFs, there has to be a significant change. As you said, keep your eyes peeled. This could be uncharted territory.
  • #86
  • May 3, 2024 8:19am May 3, 2024 8:19am
Quoting Raincrusher
I think you are actually right. but if you also noticed, the time it took for the coin to bounce back is significantly dropped every time. Same way the halving event is inching closer to an even four-year period, adding a month each time, I believe that the time it takes before making a new high is also significantly reducing. And come on... think about it. This year alone, with the Bitcoin ETFs, there has to be a significant change. As you said, keep your eyes peeled. This could be uncharted territory.
I guess you were right. The price has been dropping and it is below 60k today. Now the only questiton is how low will it drop? Will it go as low as the 30ks or will it bounce back at the 50s?
But even with this little move, I still feel bad for those that are trading with leverage right now. Do you have any ideas what a high leverage... even a little one, will do to your funds? Anyway, I hope you guys have been trading good. It has been a while. I will try to see if I can make some profit on the sell side... you can ask me how its going in a bit.
  • #87
  • Last Post: May 8, 2024 12:28am May 8, 2024 12:28am
Quoting Whitewind
{quote} I guess you were right. The price has been dropping and it is below 60k today. Now the only questiton is how low will it drop? Will it go as low as the 30ks or will it bounce back at the 50s? But even with this little move, I still feel bad for those that are trading with leverage right now. Do you have any ideas what a high leverage... even a little one, will do to your funds? Anyway, I hope you guys have been trading good. It has been a while. I will try to see if I can make some profit on the sell side... you can ask me how its going...
I do not think any one should risk trading BTC on the sell side. Because of the confidence that has been given to BTC by the American ETFs, I believe that it will stay in the 60ks for a bit and then go on to make new highs. This is because the Asian markets and the Australian markets are also hopping on the ETF train and planning the release of their of Bitcoin ETFs. This is really going to have tremendous effect on the market, so be very cautious about selling. The sells are going to be short.
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