Daily Crypto Discussion - August 19, 2025 (GMT+0)

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[u/bimbobandit2016]

What's the fucking point of these exchanges offering 100x leverage if they're just going to kill those types of positions every time? Does that even provide a good experience to the exchange's customers? Just offer smaller leverage you can live with and let clients win or lose at a normal rate. Even casinos know you have to let the customer win a little to get them coming back

[u/Lagna85 → u/bimbobandit2016]

There is no end of greed for gamblers, so it's literally free money for the exchanges. So what's wrong with free money?

[u/bimbobandit2016 → u/Lagna85]

Even casinos maintain a 50 something percent overall win rate. The gamblers need to get that winning feeling sometimes to keep coming back. With 100x leverage, the exchanges have to maintain a 90 something percent win rate which will just chase clients away in the long run since they never get the dopamine hit of a win

[u/reversenotation → u/bimbobandit2016]

Sad but people with gambling problems want the dopamine hit that comes with high leverage

[u/Apprehensive_Fee3821 → u/bimbobandit2016]

Your lost is their gain, so why not? 

[u/Annual_Juggernaut_47 → u/bimbobandit2016]

Yeah. People shouldn’t be allowed to do what they want with their money.

[u/bimbobandit2016 → u/Annual_Juggernaut_47]

They should but never letting them win is just bad business practice

[u/Annual_Juggernaut_47 → u/bimbobandit2016]

Then don’t use the business. If they want to engage in bad business practices it’s to their own detriment.

[u/piggleii → u/bimbobandit2016]

But what if they win the trade?

[u/bimbobandit2016 → u/piggleii]

They never win. If you check Coinglass, the exchanges always make sure to liquidate the large leverage positions before moving past a certain price range. That's what's happening right now

[u/Apprehensive_Fee3821 → u/piggleii]

They will lose bigger eventually

[u/jwz9904 → u/bimbobandit2016]

It’s a business.