/biz/ - Business & Finance

I just closed a long with 48% ROE, but I didn't receive any money. It's showing up in my trade history, but not in the balances tab of my account. What the fuck?

>short bitcoin
>gain wealth in bitcoin
>bitcoin death spirals
>can't send it to a real fiat exchange to cashout
or
>short bitcoin
>gain wealth in usdt
>bitcoin death spirals
>usdt is now useless
What the fuck are you guys thinking or am I just missing something crucial?

It's fucking bullshit that people can post invisible orders. Makes the orderbook entirely worthless.

Alright, /biz, newbie trader here. Not planning on going higher than x5, and i'm trying to educate myself on some popular indicators in crypto. Some common one's i've heard are:
>MACD
>RSI
>Ichimoku cloud

Alright, i'm not jumping into margin, but I have some general questions about it. Could someone please explain to me the basics of leverage and the ratio of that to profit/liq prices?
My probably wrong understanding:
>Bet $100 long on 10x margin
>"Borrow" $900
>????

>you gently caresses pieces of poopoo Im trapped on my short!
This is the best trollbox to shitpost since polo

have you made any substantial gains or losses using leverage here?

Looking into trading on bitmex. Any tips or advice would be much appreciated.

Best redpill on bitmex gets my ref code. Will end up using several btc as well. Also, fuck off 100x leverage pajeets I'm not doing it.

Why are you missing out on these gains? BitMEX (the "mex" stands for Mercatile Exchange) is the only exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).

Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10000. Let's also say you only have .01 BTC to trade with, or $100 worth. With .01 BTC at x100 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8000, if you close your position you then get that $2000 in profit paid to you in BTC, that's a 2000% profit

I would suggest you learn TA before you start trading. You can train using their testnet (free).

You want a moon mission? BitMEX is your moon mission. Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If you're going to sign up use my reference code, using a reference code gives you a 10% discount in fees. May not sound like much but it's saved me thousands of dollars in the past weeks: https://www.bitmex.com/register/A2kDZA

Interface is amazing with professional grade advanced order types
Liquidity it offers is completely unmatched, it's the biggest exchange volume wise:

https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/
BTC deposits take less than 10 minutes: just 1 confirmation from the network needed

Never down, doesn't matter the load, no shady flash crashes caused by website being down like Poloniex does.

I'm not trying to scam you or get you to lose all your money. START WITH LOW LEVERAGE OR 1X LEVERAGE. 100X may be tempting but all you have to do is read stories on here of people losing everything when they go full retard. Also I will be around to answer any questions you may have and would love to talk to others about trading strategies. Happy trading!

Ok, I'm prepared, redpill me on this degeneracy. I'm a near complete noob, I know what short and long means and kinda what leverage means, but I want to learn more. Tutorials, definitions, videos - point me in the right direction. I'm one of those old fags who has way too much btc and I'm ready to gamble a lot of it.

Best redpill and I'll sign up on your ref code.

should i short btc? seems like it's going down to 1k

how dafuq did mexico have such an advance bitcoin exchange?