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/biz/ - Business & Finance

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13702823 No.13702823[DELETED]  [Reply] [Original]

In times like this you can make more money when BTC is mooning/crashing than you can chasing moon missions in shitcoins if you know what you're doing, just by trading BTC, no need to touch altcoins.

Why are you missing out on these gains? BitMEX (Bitcoin Mercatile Exchange) is the only crypto exchange in the world that offers 100x leverage (but it's not because you can that you must, go small and work your way up.

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

https://www.bitmex.com
/register/xGqMf5

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

>> No.13702850

>>13702823
bitmex is a scam nad a place for advanced traders which is what 90% is not everyone there will either lose b/c they dont read the fine print or get liquidated b/c they lack a strategy. hodling is better than risking what you have to get more, that is greed, which can result in bad results.

>> No.13702859
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13702859

OP is a fagget

>> No.13702866

>>13702859

>mumbai india
top kek

>> No.13702875

>>13702850
Everything in crypto is a scam. The altcoin pump of 2017 was a scam. What's your fucking point? The point is to cash in before everything is regulated and shut down

Do you think whales and early adopters aren't doing everything they can to acquire more bitcoin in this way?

>> No.13702888

>>13702859
What's that image got to do with me? I've never been suicidal in my life

>> No.13702896

>>13702823
>if you know what you're doing
implying 99% of this board know what it's doing.

>> No.13702906

>>13702896
Then they can learn? Nothing stopping anyone from learning

>> No.13702914
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13702914

>>13702888
Dont you like ramdon images?

>> No.13702921

>>13702914
I do like random images

>> No.13702933
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13702933

>> No.13702958

>>13702933
Kek

>> No.13702973
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13702973

>>13702823
Imagine unironically being a degenerate gambler

>> No.13703000

>>13702973
You have an arb bot? I have colocation.

Do the needful and give me an email

>> No.13703075

>>13703000
I wrote my own arb bot. I don't associate with script kiddies.

>> No.13703087

>>13703075
How much does it make per month on avg

>> No.13703102

>>13703087
About $1k/month since the start of the year. but i'm just dabbling in low volume coins where there's little competition.

>> No.13703113
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13703113

>>13703075
You have no right to do this

>> No.13703119

>>13703102
How much capital you need for 1k/month

>> No.13703128

>>13703119
Not much. <$1k

>> No.13703163

>>13703128

Larp, not possible

>> No.13703207

>>13703128
>Not much
>1k
...
You're great at programming though right?

>> No.13703213

>>13703163
On medium/low volume coins with large spreads you can make 2-3% profit on a trade. So let's say you're doing $500 orders at a 2% profit margin - you make $10 per filled order. You just need to average slightly more than 3 filled orders per day to make $1000/month. Very doable if you know what you're doing.

>> No.13703232

>>13703213
Pretty cool if true anyway anon, gg

>> No.13703248

>>13703213
Im missing something here, then youre market making the spread not doing arb

>> No.13703269

>>13703248
Are we going to be autistic with definitions here? There are a number of different ways you can go about arbitraging, but they are the same in essence.

>> No.13703296

>>13703269
How long have you been programming or w.e. though? You must be on a good level already to begin with because if you messed up then you're gonna get rekt of course which I why I never used bots or anything. Plus I figured there are entire teams of people working on bots that are far more advances than anything I could make alone even if I could write one

>> No.13703298

>>13703269
Yes, i wanna get as much info as i can, this way i get to replicate myself. (Since you dont wanna help me :'().

I'm putting together a team if anyone interested besides this guy, so far were 3, a quant a computer scientist and a veteran trader, we gonna explore the arb way next.

>> No.13703339

>>13703296
>>13703298
I've been programming for about 6 years and I'm a lot more autistic than your average normie. You definitely don't want to try it if you're bad/new at programming. There's a steep learning curve and you lose money when you fuck up. It's easy to wipe out an entire day's profits with one small bug, which I admittedly did a few times starting out. Very easy to be discouraged.

>Plus I figured there are entire teams of people working on bots that are far more advances than anything I could make alone even if I could write one
That's why I stick to the dark corners of the market where no one's really paying attention to. I wouldn't want to try arbing BTC/ETH on coinbase or something.

>> No.13703427

>>13703339
Just enter anyway and then you decide if you wanna leave or join us

neluw@mrmail.info

>> No.13703438
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13703438

>>13703427
You need him, he doesn't need you

>> No.13703453

>>13703427
If I had a dogecoin for every person who had a great idea and just needed a programmer to make it happen

>> No.13703454
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13703454

>>13703438
Are you sure?

>> No.13703486

>>13703454
Based if true
But why would you advertise on chans then? Looks like you already have it figured

>> No.13703507
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13703507

>>13703486
Why not? colective inteligence is all that matters, and as far as i know the biggest autist lurk here

>> No.13703523

>>13703507
Fair point, can't argue with that

>> No.13703932
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13703932

>>13703454
>>13703298
>>13703427
Bump

>> No.13703949

>>13703932
wamojuv@first-mail.info