how do you justify exchanges providing margin trading for mainstream crypto (not shitcoins), when nobody has an informational advantage?seems like they don't think you're gonna make money they just want to to liquidate you.
>>61172451It’s degenerate and as Jewish as your pic. Leverage, options, and futures should never have never became a thing.
>>61172451your inability to manage risk is not my problem and should not lead to my opportunities being abridged
>>61172460it also allows intelligent people to leverage their way out of poverty when they control their emotions, risk and greed better than wealthy stupid people
>>61172557>my right to a loanlmao nobody owes you moneyBut the point is that nobody has an informational advantage. You know and can know nothing that the exchange doesn't know, so their interest in offering leverage is predatory
>>61172451>when nobody has an informational advantage? The exchange does, they trade against you and intentionally liquidate their customers. At least if you use shit exchanges like Binance or Bitmex. Use Coinmetro instead.
>>61172629>You know and can know nothing that the exchange doesn't know, so their interest in offering leverage is predatoryThat is retarded. It is predatory when they have an informational advantage and use it against you. It is not predatory if they don't.