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13599506 No.13599506 [Reply] [Original]

I dont get it. Teach me please.

I had 1 btc.
I transfered that 1 btc to bitmex.
I have 1 XBT now
I can use 1 XBT to buy contracs of XBTUSD
Isnt that like buying USD since I allready have XBT?

>> No.13599524
File: 6 KB, 211x239, 1544990863374.png [View same] [iqdb] [saucenao] [google]
13599524

>>13599506
t.

>> No.13599564

>>13599524
>3599524▶
>File: 1544990863374.png (6 KB, 211x239)
>>>13599506 (OP)
>t.
Just tell me ffs

>> No.13599567
File: 72 KB, 427x427, 50710053_531846380635565_4767921078990800307_n.jpg [View same] [iqdb] [saucenao] [google]
13599567

>>13599506
These are bait right?

>> No.13599581

>>13599506
If you sell someone a pizza, is that like buying USD denominated in pizza? Yes.

>> No.13599586

>>13599567
No. The idiots have returned. Major sell signal.

>> No.13599602

>>13599586
Can you guys just help me out here please. Just this once be the good guy greg.

>> No.13599615

>>13599586
buy signal*

>> No.13599628

>>13599602
almost had me

>> No.13599632
File: 51 KB, 500x500, greg.jpg [View same] [iqdb] [saucenao] [google]
13599632

can you guys for once be like this guy

>> No.13599648

>>13599602
>>13599632
I already answered you, dingus

>> No.13599649
File: 511 KB, 840x488, 1552552056675.gif [View same] [iqdb] [saucenao] [google]
13599649

>>13599506
The retards are back bullish frens

>> No.13599674

>>13599602
All I know about Bitmex is that if you dont know exactly what you are doing there is a 100% probability you will lose everything. Assuming you arent bait, try convert the XBT back to BTC and go use a normal exchange.

>> No.13599678

>>13599648
You have to bring it down a bit. I dont get it.

>> No.13599682

>>13599674
>if you dont know exactly what you are doing

I will learn and I will win.

>> No.13599712

Dude, just open a single contract...
this has to be bait tho, like you literally depo a bitcoin but you didn't even click the button to create a contract? It explains it to you there, let alone there's plenty of reading material included in the site.

>> No.13599717

>>13599678
If you seriously can't make the connection between what I wrote and your question, you really should cool your jets and hold off on the bitmex for a while

>> No.13599743

>>13599717
Anyway, I assume you didn't actually mean exchanging XBTUSD contracts for XBT, but posting your 1 XBT as margin to buy the contracts. You seriously need to get this 100% straight in your head before you do anything

>> No.13599804

>>13599678
XBT is the same as BTC basically. If you want to use 0.1btc to trade, that is about $670. If you want to go long 10x, then you have to put $6700. 100x is $67000. You can see below the boxes, the "order value" or something.

Go mess around in testnet before you lose your bitcoin.

>> No.13599945
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13599945

>>13599682
you won't

>> No.13600115

>>13599945
I will.

https://www.youtube.com/watch?v=FD9Kb5RlsP0

>> No.13600150
File: 22 KB, 657x527, 1540992283503.png [View same] [iqdb] [saucenao] [google]
13600150

>>13599506
milkies

>> No.13600236

>>13599506
Btc = XBT (just a different ticker)
You're not really buying and selling but opening and closing contracts. You can open 10000 contracts of long XBTUSD perpetuals for example. These contracts have a value of $10000 tied to XBT. If XBT price goes up 10%, you will get $1000 worth of profit in XBT minus fees after closing the contracts. Suppose you have put up $2000 worth of XBT as a margin for these contracts, that's 5x leverage. If price of XBT falls 20% to around $5440 from $6800 it will liquidate you and you will loose your margin.

>> No.13600304

>>13600236
SO playing arund on test net

0.02 btc

when I buy contracts for 0.019 at 100x, it doesnt let me buy

Order could not be submitted: Executing at order price would lead to immediate liquidation

>> No.13600435

>>13600304
get the sell price right and you're ready to go

>> No.13600442

>>13600304
Testnet must have a big difference between market price and trigger price. Testnet is good only to get acquainted with interface. To learn opening/closing contracts just do small amounts on mainnet.

>> No.13600637

>>13599648
Your answer is retarded, a little too retarded. Tone it up a bit