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Questions tagged [7 pay test]

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CryptoGladiatorGuard CryptoGladiatorGuard Sat Nov 23 2024 | 7 answers 1968

What is the 7 pay test?

I've heard about this thing called the 7 pay test and I'm wondering what it is exactly. Could someone please explain to me the basics of it or what it involves?

What is the 7 pay test?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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