/biz/ - Business & Finance

>>19694356
Same here anon I made 200k off a 20k investment buying airline cruise company and hotel puts pre chinkflu based on well thought out rationale,and now I've lost 100k of that betting on the dead cat bounce that wasn't on nothing more than a hunch and still bleeding out around 3k on puts every fucking day. I know I should just sell everything now and get out with what's left but its tough to make that call. I'm going to see what happens on Monday. If markets are green I'm selling and red I'm holding

>>19566338

>>18797861

>>17727574

Remember anon, if you didn't at least 10X and that's the very bottom minimum, in 2017. if you didn't make some kind of fuck you money in 2017, remember anon, don't worry.

Don't worry it will happen again, institutional investors OTA halving logarithmic link etc.

>>17278771
We call this the "margin call".

*dabs on u*

Aww sweetie did you get stopped out

Damn /biz/, what do I do? Pick it up or let it go to voicemail?

>>8563506

>>7902457
He actually said that about XRB, the rebrand wasn't foreseen. It's a textbook DCB

*ring ring*

The call that ended it all

>>5971915
>Big if true
>"Investing"
>"Shares"
>Used by criminals and pedophiles

kek

>>5268107
I like the dopamine. i dont know what Ill do after the bubble pops though

Who else [liquidated] here? I lost everything. 3K to 300.00 in three day's time. ETH/BTC long. Who could have predicted that it would drop below .03?! Who could have known such a thing! AAAAAAGGHGHHGHHHHHH....

>>4654625
>>4654641
>>4654671
Apples are currently $1 each. I believe the price of apples is going to go down so I find someone with 10 apples and promise to repay them 11 apples in 1 week.

I immediately sell the 10 apples for $10 and wait. I'm now "short" 11 apples because I owe someone 11 apples but have 0. Suppose in 1 week's time the price of apples has crashed to $0.50. I buy back 11 apples for $5.50 and repay my loan. I profit $4.50 total. On the other hand, if apples have increased to $1.50 each I must purchase 11 apples at $16.50, repay my loan, and will have lost $6.50. This is "short selling" or opening a "short" position".

Margin trading refers to borrowing money to take on larger investments, with increased risk in exchange for increased reward. Suppose you buy/sell real estate. You believe strongly that the housing market will double in the next 6 months but only have $20k capital. You could buy a $20k house, wait 6 months, sell it for $40k and profit $20k. Not bad.

But you want more. So you go to your friend and ask to borrow $80k and repay him $81k in 6 months. Now you can buy a $100k house, sell it for $200k, repay your friend $81k and profit $99k! That's x5 what you'd be able to make using your own money. But your friend is worried the housing market might crash and he'll never see his $81k so he lends you the money on 1 condition: if at any point the house you purchase drops to $81k you must immediately sell it and repay him in full. Your friend assumes 0 risk. Notice how only a 20% dip in the market now results in a complete loss of the $20k while before (had you simply purchased a $20k house) you'd only be out $4k. This is trading "on margin" and can be used "long" as explained or combined with "short selling". A "margin call" is when your friend (typically a broker) literally calls you on the phone and forces you to sell at $81k - nowadays "margin calls" are electronic and automatic.

>>3854516
its pretty easy to spot a burger t b h. anyone fudding shit like red pulse, kyber and this are most likely burgers

>>3636067
where were u when btc broke 5k?

i was sat at home when margin is call
"you are approach 20%"
"no"

>>3613476
lol honestly I think you're right. There is no way something with such a big market cap can move like that, especially Bitcoin- it's known as a "blue chip" coin, relative to the rest of the market.

It's all fun and games until you get liquidated

>>3523295
They'll chase you up using the details you registered on the exchange with.

Too much of a risk desu.

>>3522752
I margin trade all the time, sometimes with 10x leverage, its easy af and I've never been margin called.