10x bitcoin

Introducing Leveraged TradingPosted by Joe | Bitcoin If you are seeking greater returns for your Bitcoin, over and above any Interest reward from your Magnr Savings account, then Magnr Trading is a great option for you to do this.With many exchange services out there, not all offer the service of trading with leverage.A Magnr account lets you leverage your trade on Bitfinex, Bitstamp, and itBit, even though they do not all offer leverage on their platforms.Leverage gives you the power to turn a small investment into a potentially large one.The most common investment using leverage that most people know of is in real-estate.When you want to buy a house you don’t normally have to (or intend to) come up with 100% of the purchase price right?Normally, you are expected to come up with something between 5-20% to put down on a home, and you get a mortgage for the remaining balance, paid over 15 to 30 years.The LTV, a common term in the real-estate industry for the loan-to-value, is your use of leverage.

Most of us know someone who bought the right place at the right time by only put a small amount of money down like $10,000.A few years later walk away with $100,000 or more, following a their property sale and due to their home rising in value during that time.
bitcoin price graph 2014This is the power of leverage.
bitcoin index nyseAt Magnr you get to use leverage on the available markets by trading a multiple of your investment in Bitcoin.
jual beli bitcoinOur platform lets you trade at 2x, 5x and up to 10x leverage on your initial investment.
ethereal wellness nycFor example, you can put down 1 BTC and choose to execute a trade of 10* BTC on the exchange.
bitcoin kaufen ohne anmeldung

As you can imagine, you don’t need big moves in Bitcoin in order to profit when you are trading out at 10 BTC at a time.As with any upside, there are downside risks as well when trading with larger amounts.
ubuntu bitcoin 2013Let’s take a look at how it works.
bitcoin price drop march 2015Magnr offers execution of trades at 2x, 5x and up to 10x leverage on your investment.
most accurate bitcoin priceWe provide the leveraged funds from our own trading reserves and not from the Bitcoin from client Savings Accounts (link: Magnr savings post).
bitcoin dogeThe costs to borrow the additional funds to leverage your trade is charged out as lending interest with a 24hr Daily Funding Fee.As part of the multi-product business model, Magnr is able to use a proportion of these fees to pay the interest to clients holding a funded balance on their Magnr Savings account.

Take a look at the simple chart graphic below showing a Long trade – On this trade, if you were long Bitcoin and you had 1 BTC to trade and you traded it, then you’d make a $20 profit.Now with the power of leverage and you take your 1BTC and trade a leverage amount of 10 BTC, now you have a profit of $200.You can lose money more quickly this way as well.Thankfully Magnr has a built in Stop-Loss (a safety-cap) feature, which denotes a price that automatically closes your trade in the event of a heavy losses.In this case, you can see the stop-loss is at $317.99 or a loss of $64 per Bitcoin traded.You will be stopped out at a price which prevents you losing more than your initial investment.This is an example of a short trade, a trade based on profiting if the price of Bitcoin goes down.You could decide to be bullish on the price of Bitcoin, expecting the value to increase in the long term, however you hear that there could be difficulties in the short term price of Bitcoin, and the prospects look rocky.

You can take advantage of a price drop by executing a Short trade with the intention to profit from the downside.Using the same open price example, we can go Short, again with 1 BTC and earn a profit of $20 with a regular straight-off trade.When you trade on the short side with Magnr using leverage, in the same way you earned a $200 profit with 10x leverage going long, the same profits can be attained during a price fall.There is also a Stop-loss applied on this trade, this time it’s above the open price since a rise in price would go against a Short trade.Trades executed by clients are placed via Direct Market Access (DMA), meaning that the order is placed with each Exchange.This is done almost immediately via automated API calls between Magnr and each of the exchange Order Books (containing the market Buys and Sells).This means your trade on Magnr is no different than if you went on Bitfinex and held an account directly with them.Prices on Opening and Closing of Trade orders are returned on a best-execution basis, where trades fill up the other side of the Order Book (a Buy or Sell) on the exchange.

An important note, trading and brokerage fees are to be considered when placing leverage trades.What are the trading fees?Our Help and Support site has all the relevant information regarding the Fees and Charges that apply.For the newer trader, once you are ready to start trading in Bitcoin, the trading tools are designed to be very simple to use.Whether its leverage, comfort of safety caps against excessive losses, or its simplicity of the interface, Trading on Magnr is a great choice to seek the potentially higher returns.If you are interested in opening up Trading Account, then go to our site at and Sign Up today.Most investors would be happy with a 10% annualized return.But many of the investments we have been recommending, particularly in the cryptocurrency space, have skyrocketed by 10X or more in 2017.An investment of $100,000 on January 1st of this year would have netted you a cool million dollars!I am still bullish on precious metals and continue to hold both physical bullion and best-in-breed mining stocks.

But the cryptocurrency space is currently providing what is likely a once-in-lifetime opportunity for exponential investment returns.I can allocate a small percentage of my crypto profits towards precious metals and end up with significantly more gold and silver than I ever could by simply buying and holding.If you are skeptical, I encourage you to put some more time into researching the potential of blockchain technology.Many of the largest silicon valley companies and even the largest banks are using blockchain technology and investing large amounts of money into this space.A growing list of companies are now accepting bitcoin and other cryptocurrencies for payment.But instead of convincing you of the worth of the technology and the future potential, I’ll just let the returns speak for themselves.The following 3 cryptocurrency investments are up 10X (900%) or more in 2017 and we are only four months into the year!I believe that we are still in the early innings of cryptocurrencies and blockchain technology.

These digital currencies are volatile, so I think it makes sense to wait for a dip before buying.But I believe that prices are headed much higher over the next few years.Bitcoin is currently at $1,350 and some analysts believe it could reach $50,000 or more in the coming years.Only 21 million bitcoin will ever be created and 18 million are already in existence.With less than 1% of the investment public into cryptocurrencies, these sky-high price projections suddenly do not seem so crazy.While I will continue to hold bitcoin, the gold of cryptocurrencies, it is the up-and-coming smaller cap coins that I believe have the most potential.In fact, we just added a new cryptocurrency with a market cap under $15 million that has some of the brightest minds in this space on their board.The coin is currently trading at just 18 cents, but I do not believe it will remain this cheap for long.There are now cryptocurrencies focused on using blockchain technology for decentralized cloud computing, cloud storage that competes with Dropbox or Amazon, a worldwide supercomputer that harvests the unused computing power of everyone on the network and even one that plans to put low-orbit satellites into space to beam down internet and provide a way to keep networks connected in the event of grid failure.

There are also coins focusing on disrupting particular industries with blockchain technology.They make business processes more efficient, can increase transaction times, reduce costs, cut out middlemen that add little value and overall improve operational aspects of any organization.This includes a coin for real estate documents, one for banks to settle transactions immediately, one for the insurance industry, credit markets, predictions markets, online gambling, music downloads and the list goes on.These companies using a revolutionary funding model and announce ICOs (initial coin offerings), where investors can send in bitcoin or ethereum in exchange for coins in the new cryptocurrency business.They can often acquire these coins at a significant discount for being an early investor.As the coins hit exchanges and the general investment public begins to buy, the price often soars.For example, Ethereum sold for 30 cents during its ICO and hit $2 during the first week trading on the main exchanges.

The price is currently at $75 and there are several near-term catalysts that are likely to push the price much higher.If you want to track which cryptocurrencies we are holding, which new coins we believe have the best potential, which ICOs we are participating in and when we are buying or selling, click here to join our premium membership.We will also send your our Beginners Guide to Investing in Cryptocurrencies.We spend hours everyday studying the hundreds of cryptocurrency projects out there, reading white papers, researching ICOs, joining Slack groups, contacting the teams that run these coins, monitoring cryptocurrency investment groups and putting a laser focus on the coins that we believe will generate the biggest returns for our subscribers.The returns have been incredible and I believe we are just getting started!In addition to cryptocurrencies, we also cover precious metals, energy, emerging technologies, cannabis stocks and more.You will gain real-time access to the GSB portfolio, our monthly newsletter and email trade alerts whenever we buy or sell.