Non-leveraged crypto trading with iforex

I think he wants to say that non-leveraged trading assumes a more conservative, investing approach because you simply can’t go bankrupt with your iForex deposit. Since you’ve paid the full price for Bitcoin for example, you will have some deposit money anyways. As the Bitcoin price can’t have a negative value agreed?

This also. But mainly I meant the opportunity to trade cryptos and stocks in long-term using iForex non-leveraged feature. Did you know that long positions in this mode go with no swaps? It means you can open a buy deal on Bitcoin and hold it as if it is an ordinary crypto exchange.

Anyway there is a possibility to get more profit with leverage. But since you are not using it, you are reducing your risks, am I right?

In theory, but you can calculate the same risk amount WITH leverage usage.

That's right, but I guess it is much easier in psychological aspect. And we shouldn't underestimate its importance.

Another element that draws me to non-leveraged trading is the very fact that I have more time to exit the market if something goes wrong. I am aware of how problematic leverage can be, and sometimes it is too late to take action to save money because using large leverage would quickly burn through your deposit. In order to be safe, I plan to use non-leveraged trading.

Yep, you definitely right. Using leverage can lower your deposit drastically. I bet some professionals know what to do in such circumstances and they use hedging for example.

Correct, but what are newbies suppose to do with that. That's why non leverage trading is the thing to start for new traders, I guess.

You know, they say that in extreme occasions you will not match the expectations, but will match to how you were trained. In this regard, I guess permanent preparation is the key. Trader should always be ready for unexpected cases.

That's why you should pick yourself a broker with a good conditions. So when you are done with non leveraged trading, you can try to use leverage. For example, iForex fits this nicely.

I would agree with statement about iForex. Conditions are quite well, even for other types of trading.
By the way, what are your thoughts about upcoming year? Will we see a bullrun or something?

Happy holidays, guys! Well, I am not sure about bullrun to be honest. Looks like the situation is only slightly better, but there are many negative factors about all assets including crypto.

Totally, crypto has never been so unpredictable. Exchanges are crushing and laws get strictlier. Hope we will not see the lower values this year.

Come on, don't be so upset. Let us hope everything will be good for traders. Just stay disciplined and everything will be great. Good thing for us that we can earn our money even on the falling market.

You're totally right with that. One of the most fundamental principles of being a good trader is to be able to position yourself well for any kinds of market environments. It is always changing, and if you wanna become a well versed trader, you gotta be able to weather all kinds of storms out there. Bear markets and choppy price action are definitely one of them.

I mean sure, a lot people usually make their big gains on the long side, and think that playing the down markets can be risky. I think it can be done with proper risk management, but you must know what you are doing. More people get wrecked when they are on the wrong side, especially it is short. Short squeezes can be harsher, especially in crypto.

I dunno.. You maybe are right on some of the points, I got nothing to say, but what a lot of people have seen and realized over the years is, if you want to become rich trading cryptocurrencies, especially if you are doing nonleveraged trades, you either have to invent your own coin and get rich off of your supply, or you have to be very early. I used to hear about people who got rich with bitcoin, but the majority of them had bought in in like 10 years ago when BTC was trading under a dollar. They bought BTC worth like a $100, and they had forgotten about it. Once they look at your cold wallet or exchange account, they got retired with millions of dollars.
Some people inevitably got rich catching pumps along the way, that's a way to go as well, but you needed some unreliable exchanges for that, because those coins don't go live on the known and reputable platforms due to the lack of information about them and the possible risk of rug pulls and all that.

There's a big pessimistic vibe coming from those words. I get what you mean by that, however, if you think about the future, and if you a believer of blockchain's and cryptocurrencies' future, you definitely know that there will come a time when having even a little bit of cryptocurrency will be far more favorable and preferable than owning absolutely zero cryptocurrency. Take BTC, for example, and ETH. They have been trading at what, in a range from 15-25k for BTC and 1,200-1,700 range for ETH for how many months? Maybe like a year or so. The pressure and the whole bear market couldn't break their back. Now, what we see that they are back on track for the upside. And I am not sure how long this will last, no one can. But, if you are a believer of the "to the moon" concept, and you think there's a genuine chance for BTC to go to a milion, and ETH to a few hundred thousands, maybe even above; than it means you can still purchase them for pennies on the dollar. Imagine back in 2014, you are offered to buy BTC at like 10-15 dollars, you pull up the chart, and you see an asset that was trading at 50 cents a year ago. It already made like 20-30x or so. Would you buy, or would you have suspicions as to how far this thing can go? I'd have suspicions. Fastforward almost 8-9 years and you see BTC at almost $70K. If the same thing can happen one more time, imagine where we can be.

What you are saying resembles the newest signs of a shift in the trend.

Cryptos were treated sort of like a safe haven during this banking crisis

And then came in Balashi with his overzealous and unorthodox prediction, basically saying that the price of the BTC can hit $1 million in 90 days.

I personally find it a little bit far-fetched and hard to believe, but you know what they say, shoot for the moon, even if you miss, you'll land among the stars. Right?

It is also possible for this utterly ambitious statements to hurt the perspective on cryptos though. Remember the time when everything was actually rosy, BTC almost at $70k, reports coming out positioning ETH at $10K price targets, when we were just buying up all the funny pics of purple monkeys with green hats and be hapy about our lives?

It didn't take much time an effort for a large contingent of people to face with detrimental realities of this game. There's always risk in that. Same thing might be happening right now too. I am not saying there's going to be an unexpected event like an exchange failure or a big regulation coming through, but there's still time to observe the overall landscape befofe piling in on it. And any wise person would advise against using leverage here as well.

If you are going to pile in anyway, you've gotta do it right, if you know what I mean. There's nothing wrong with buying spot. Non-leveraged trading definitely seems like the right way to go, under the current circumstances and market conditions with a lot of uncertainty over the horizon.