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/biz/ - Business & Finance

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11729491 No.11729491 [Reply] [Original]

I longed ETH x25 on BitMex. How fucked am i?

>> No.11729509
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11729509

>>11729491
you are a cuck if you like to give money to a baboon

sage

>> No.11729511

>>11729491
pretty dumb to pay funding fees in a sideways market

>> No.11729787
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11729787

>>11729491

You are dumb as fuck

>What is exposure to two volatile assets

You are not longing eth you bet ON eth and VS btc same time

If btc moons just a bit and eth dumps before bullrun you are liquidated

Thats why longs/shorts on btc only make sense because XBTC = btc only asset you can long/short in usd/yen

You can long eth vs usd on Maker platform but you are dumb and poor (I know since you use 25x) to understand concepts above

TLDR

Long on ETH is acually good idea and you still REKT yourself somehow lol at your life