Oh boy, we are getting into the weeds now.

Fulcrum is kinda hard to explain, but let me use an example.

What if when Ethereum went up 10%, you earned 40%?

This is what Fulcrum allows you to do.

“What’s the risk?!”

Well, if it goes down -10%, you’ll lose 40%!

This means you really need to know what you’re doing when you mess with Fulcrum.

It’s very easy to use, as simple as using Gmail or Youtube or Twitter. Probably even easier.

So if you know you’re in a dip, you can create these leveraged positions and hope for the best.

However, since crypto is so volatile, any leveraged positions are super risky.

Liquidations of losing all your money are a risk too, if the price falls below a certain range, you could lose 100%

Fulcrum lets you choose a “multiplier” from 2x to 5x.

So you can choose your risk and reward.

If you’re serious about Ethereum, you can just hold the coin.

BUT, if you’re serious about it, and believe it to be in a dip, you can buy a 2x position and make it as if you were holding 2x your coins.

I don’t recommend using Fulcrum, unless you have insider knowledge or a coin like Ethereum drops a very large percentage.

What do you think about leveraged positions? Are they good? Bad? Hit reply and let me know!

– Theodore