Margin trading can be risky, so make sure that you have taken the necessary steps to minimize your risk. A couple of common risk-minimization strategies are stop-loss and take-profit orders. Setting a stop-loss means that your margin account will automatically liquidate when the market falls to the level you set. This lets you accept some losses to avoid much more severe losses later. Taking profit is similar though in the opposite direction. Setting a take-profit order sets an upper price limit at which your margin trade will be liquidated. While this puts a limit on how much you could stand to gain from the trade, it also locks in profits in case the asset price falls again.
Setting stop-loss and profit-taking orders lets you set a predetermined range of risk and reward that you’re comfortable with: losses you can accept, and profits high enough to make it worth the risk incurred. Operating within the boundaries set by a stop-loss and profit-taking adds some stability to the inherently volatile prospect of margin trading.
Dash can be used in margin trading, and you can deposit and have your balance confirmed much faster when using FastPass partners. For example, say you anticipate the price of Dash to double over a given period of time. If you have $100 and seek a profit of more than $100, you can open a 2x leveraged trade and invest twice as much. If your prediction is correct, this could net you a profit of $200 minus interest and trading fees.
Keep in mind that cryptocurrency markets are more volatile than traditional financial markets, meaning that while you could stand to gain more by investing in this space, the risks are much higher as well, and so you should plan to manage your risk accordingly. Typically high rewards are gained through an activity with high risk.