r/CryptoCurrency • u/AutoModerator • 8d ago

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

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

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u/bimbobandit2016 🟨 0 / 0 🦠 8d ago

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

4

u/Lagna85 🟩 2K / 2K 🐢 8d ago

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

1

u/bimbobandit2016 🟨 0 / 0 🦠 8d ago

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