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/biz/ - Business & Finance

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>> No.8623110 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
8623110

>>8620828
You're doing it wrong.

>> No.7469343 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7469343

>>7469074
Imagine that guy who just shorted 1000000 at 100x leverage and made 3.5 BTC in the space of 5 minutes.

>> No.7454918 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7454918

>>7454540
Yes 25x is too much. You might get lucky once. You might get lucky twice, but eventually you'll lose everything. FYI we may have hit the bottom on the 6th of Feb a bit before the SCC hearing. However, any significant bad news could make bitcoin crash again. The Tethered sword of Damocles is hanging over us right now.
I personally think that if today we break the current ceiling (~8600-8650) then there's a good chance the price will rise significantly over the next couple of days. Personally I'm not trading today yet, but waiting to see what happens.
If you pay attention you know that the price is constantly oscillating with a very large amplitude. I believe this is the result of margin trading, and people with high leverage get liquidated because of this, even if the trend is going in their favour.
This: >>7454568


>>7454756
I'm made a personal rule of thumb never to trade with more than 10x now. Because this has happened to me as well.

>>7454690
Was that you the other day who took a 3 hour shower?

>> No.7382707 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7382707

>>7382315
I will always win because I play both sides

>> No.7364130 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7364130

>>7364082
Wow, then I'm gonna be making massive bucks shorting this thing ;)

>> No.7311622 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7311622

>>7311269
>>7311547

>> No.7292679 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7292679

>>7292376
>>7292511
>>7292644
>>7292666

>> No.7291614 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7291614

>>7290197

>> No.7291395 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7291395

>>7290947
0.9 BTC margin at 100x leverage = $300000 order
8K to 5K -> 22.4 BTC profit.

YEA BABY HERE WE GOOOOOOOOO!

>> No.7291228 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7291228

>>7288004
>>7290047

>> No.7287706 [View]
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7287706

>>7287347
>>7287411
Just remember that there were many ups and downs during the "smart money phase".
I for instance lost 6 BTC on Mt. Gox.
Was I an idiot for leaving 6 BTC on Mt. Gox?
Sure, but at the time I left them there they were only worth a total of ~$600 and I hadn't been paying attention to the market in the months leading up to the crash.
Many people owned literally 1000s of BTC back in the days when they were worth $1-5 a piece, but lost them or deleted their wallets without realising the potential their coins actually had.
Lots of people gave up on BTC after 2014, etc.

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