/biz/ - Business & Finance

Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10 000. Let's also say you only have 0.1 BTC to trade with, or $1 000 worth. With 0.1 BTC at x10 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8 000, if you close your position you then get the difference which is $2 000 in profit paid to you in BTC, that's a 200% profit
I would suggest you learn TA before you start trading.

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/xGqMf5

>Interface is amazing with professional grade advanced order types
>Liquidity it offers is completely unmatched, it's the biggest exchange volume wise:
>BTC deposits take less than 10 minutes: just 1 confirmation from the network needed
>Never down, no shady flash crashes caused by website being down like Poloniex does

You want a moon mission? BitMEX is your moon mission.

t. turned 1.6 BTC into 32 BTC during the crash

Kya nigger and shove that ref link up your boipussy hole

>>13184246
No

>>13184256
Yes

>>13184281
Yes

>>13184281
No
>>13184284
No

>>13184294
Yes

>>13184202
Why so poor op?

trips decide which shitcoin i'll pump.

>>13184309
No
>>13184319
Justed

>>13184334
Yes

>>13184319
rolling... AGI!

>>13184342
No! I must make it

>>13184202
>>13184319
because I'm a poorfag wagecuck and I got in in december 2017 and put in a total of 12k$ (wagecucked 2 jobs while studying for a masters in math/cs, lost 15kg doing this shit) and now built a 39k$ stack just buying dips of legit projects like link... and i wouldn't risk leverage trading and losing it all.
Also because I'm a degenerate and have an uncle who's a gambler and another who died from cocaine and alcohol, etc. I take huge risks, and the best way to stop myself is to not start at all.
I envy your stacks frens, but I'm too much of a brainlet + too emotionaly instable for leverage trading.
wrote this wall of text in case some anons are in the same situation as me but got their greed antenna tingled by your post.

>>13184202

OP is correct, but don't be stupid and try 100x and lose your hard earned money to negros, be smart and try 10x at BitMAX and lose your money to chinks ref code: GHXEDKH7

also you don't have to bother with proxy/VPN shit yet

>>13184319
Rolling for DOGE

>>13184422
I'm in the same boat, Take huge risks but just use less currency bro

it's easy enough and when you learn from failing a 100 times then u get good

>>13184319
Inspect element

>>13184202
t. that bitmex nigger

>>13184202
OP's bitcoins divide by 10!

>>13184495
x10 more like hehe

>>13184202
>>13184204

I appreciate your posts, but I don't think shorting is going to cut it anymore

>t. turned 1.6 BTC into 32 BTC during the crash

Shorting bitcoin at 19k isn't that ballsy, in fact it's smart and safe. You saw that opportunity and made money on it, that's great. Shorting Bitcoin now is much riskier. We've either hit bottom or we're not far off, in either case there's little to no money to be made off of shorting BTC.

it's just not worth the risk anymore, this sideways crabbing and barting isn't going to make anybody a fortune on BitMexican unless they 1) have some inside info or 2) get lucky, continuously, over and over. So I appreciate the posts but I'm good on gambling my hard earned shekels and I don't want le based negro man to take any of my buttcoins.

>>13184612
You can long 100x too, of course.

>>13184484
No

>>13185321
Yes

>>13184630
but I will just get barted even if I try to long

>>13185509
Not necessarily, just don't ever use 100x and set stops