/biz/ - Business & Finance

I’ve got a question. Now I’m not gonna get into leverage trading until I 100% understand the mathematics of it all cuz people get raped by it very often. But If I short Bitcoin with 3x leverage... does that mean that my profits and losses are multiplied by 3?

So if I short Bitcoin with $1K with 3x margin, And Bitcoin goes down 5%, do I essentially make $150?

>>27654022
is that a rare Pepe?
where can i get one?
also, can anyone put together a tl;dr list of suggestions for a noob to invest in Miners?
lets say all I've got access to buy/trade on is TDAmeritard
and I want to start off with $5k or less,..
what should i do?

Hey so if a bunch of teenagers on Reddit of all places can make millions off of GameStop just with memes.... why aren’t we shilling every shitcoin we see? What’s stopping us from coercing kids to buy more LINK, or ETH, or XLM????

Instead of buying high and selling low, why don’t we do this? It’s like you want to stay poor or something.