Leveraged bets on FOMC meeting ‘guaranteed recipe to lose money’ — Trader

A crypto trader warns that going heavy on leverage before the monthly United States interest rate decision is a surefire way to lose money in crypto trading.  After the Federal Reserve’s statement confirmed the US central bank intends to leave interest rates unchanged in its target range between 4.25% to 4.5%, Bitcoin’s price barely moved, as the market had already widely expected no change in the interest rate source: https://cointelegraph.com/news/leveraged-positions-risk-fomc-meeting-losing-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound