/biz/ - Business & Finance

>>13818962
chainlink when it was .15c

>>13818962
Link, hold till mainnet then dump.

Harmony (ONE), hold till 5x then dump.

Then ETH if golden bull run has started by then.

>>13818980
I cant invest in harmony IEO cuz american

>>13818962
Btc

100x leverage long on ETH at prime-xbt.io

this is the fastest way to do it.

>>13818962
Bitcoin in 2014.

>buy a coin already pumped from mainnet hype
grape job anon

BTT

>>13818962
i think ripple might pump in the near future
monthly indicators look pretty nice and volume increasing
bought 1k worth
not a 10x but maybe an easy 2x
chinks are also washtrading the fuck out of siacoin on hitbtc at this low level, might be a really good buy atm also
dgb monthly indicators similar to ripple

>>13819223
Forgot the image. CEO confirms pumping season for BTT.

>>13818962
holo

KIN

>>13819071
registered
please give me a QRD on longing/shorting
I've only done stop losses and limit buys and haven't engaged in any longing or shorting

>>13819304
>>13819071
please sir do the needful, I know ETH is a great long right now, just don't know how to set it up on PrimeXBT

>>13819304

when you click buy, it puts you in a long position and when you are in profit you close the position. clicking sell does the same thing but as the price of the asset goes down, you make profit. leverage lets you use 100x the amount of capital that you are trading with so your profits/losses are 100x more massive. losing all of your capital is called "being liquidated"

>>13819400
there are tutorial videos in the top right of the page.

>>13818962
VIDT.

>>13819400
>>13819430
will dig into it, appreciate it
what do you think are some reasonable targets?
unironically threw in 0.1btc to gamble with and practice leveraged trading
how much leverage can I take if I have only deposited 0.1btc?
If I take x25 leverage, and I lose the call, do I have to pay back 2.5btc?

EOS right now.

>>13819457
no retard u just lose the .1

> 2m mcap
> 60 sats
> Mainnet Release June 30
> dAPP store release next week
>Tier-1 exchange listing
> Korean ETH
>only on KuCoin atm

Buy Edenchain. Its an easy 10-15x from here

>>13819400
so then how do you profit, are you saying i can make the same profit as if i had 10k or 100k and bought ETH, then sold eth at 500 or 1000 and come out with 100k or 1 mil?

>>13818962
tfuel within the next 30 minutes you're welcome anon

>>13818962
I can'r help spanking in public I got tourettes

>>13819607
haven't opened any positions yet
shouldn't I just do x1 and test it out with 0.01btc?
you trying to scare me off or what chief?
my crypto stack is a lot higher than 0.1 so I don't really give a fuck if I lose it all

>>13818962
>2000AD + 19
>jessica alba still being this fine

Cocaine.

this isn’t 2017, bucko

>>13819921

nah bung 0.005 btc on your trade and 100x it. Its best to leave some of your stash for padding, according to my understanding of it.

i haven't used leveraging before either bro, but im watching to see what happens.

>>13819921
Post your position once you place it so we can follow along. .1 btc might not be a lot to you, but its a lot to some of us.

>>13819921
also there is a chat on the website that I have used before and they always answer any questions.

>>13820561
>>13820596
doing autistic research and looking to make/copy excels to breakdown how to calculate the figures I want to track
their tools are good, so maybe I'm dumb and don't know how to use the widgets
have setup bollinger bands and RSI
I just know this chart is relevant
want to see how I can profit off a long position without getting liquidated right away
It isn't clear how much money I stand to lose before placing a short/long position on their platform so I won't put anything in until I have that at least figured
the timescales/ratios they keep for the stop loss and take profit entries are fixed and aren't clear how they correlate with the entries you want to place

>>13820784
where did you get that fair value chart?

>>13818962
no joke-

marketbuy thx

https://crex24.com/exchange/THX-BTC

like thorecoin (look it up) it'll go from $0.70 to $100 when they launch in june

thorecoin went from $0.30 to $1000

>>13820896
how does this order entry book correlate to the orders that were executed at those price points?
I don't see a clear way to see this ahead of time on their platform

>>13820970
the buttons show the current prices for a market buy or sell.

I am I understanding your question?

>>13820970
forgot pic

>>13821038
for example I just placed this order to experiment and it was fulfilled
can be adjusted live time
can't change the size of the order since it was placed at a previous price
for example though, how can I correlate the P/L to the liquidation point?
it isn't clearly shown before I place the order as far as I understand unless I'm retarded

>>13820896
>where did you get that fair value chart?
forget the thread, but some anon posted some interesting info regarding active addresses correlating the the value of the crypto
also I would check MVRV ratio for more interesting information

>>13821087
that's a 0.1 ETH order that was placed to experiment with

>>13818973
I'm fucking disappointed that the default answer for this board is no longer kneepads.

>>13819457
no but you will lose ur 0.1 btc super fast , leveraging exhanges dump/pump to liquidate leverages

you literally cant beat (((them)))

>>13820943
oh shit. this is the most interesting post ITT. tell me more

>>13821115
I’m just some random anon that’s trying to learn this too... so you are buying eth at 248.76...and you get liquidated if it goes below 246.80? Or no

NEVER EVER LEVERAGE TRADE

AND IF YOU FUCKING DO IT

ONLY 10x

AND IF YOU DO IT ANYWAY

SET STOP LOSSES IDIOTS

>>13821121
That said, this is a surprisingly good hit-the-ground-running tutorial on long/short bets. You guys are all right. Don't go into HOT on tuesday.

>>13821101

found it.

https://coinmetrics.io/charts/#assets=btc

>>13819709
More or less. Like if you only have 1 ETH, if you have x100 leverage you're loaned 99 ETH making a total of 100. When you close your position you get to keep the profits (minus fee). If it goes up 50% for example and you longed, if you had only 1 ETH you get 1.5 ETH worth in $ compared to your starting position. With a x100 leverage you get 100 * 1.5 = 150 ETH worth in $.

But, and that important, if the market goes 1/leverage % in the wrong direction from starting price be it buy or sell you're liquidated. In the case of a x100, if a 1% move in the wrong direction happens you're REKT.

I haven't done any margin trading myself but that's how I understood it, so if I'm wrong please correct me.

>>13821191
ty, still figuring it out
>>13821177
how do I set leverage? on their site it says automatically it sets it for you
does that mean I can increase the amount of ETH I want to buy as long as my margin stays alright?
is that how leverage is working?
they liquidate if the balance you hold becomes equal to your P/L, I understand that much
does that mean you buy the asset and then hold it to sell for a higher price at a later date?
and your purchasing power can be x100 but then that narrows the band of stop loss and take profit setpoints you can establish?
how can I see a band and distribution of possibilities that are updated livetime while I punch in the inputs I want?
it is not readily available on their exchange platform
all I can see is tracking the price via candle sticks and indicators
I want to see the figures and band of possibilities change livetime as I run through a range of inputs to find optimal risk/gain entrypoints
>>13821148
>so you are buying eth at 248.76...and you get liquidated if it goes below 246.80? Or no
something like that
the order executed in my favour at a measly 964 sat profit
how can I project this potential ahead of time given the boundary conditions I set with my stop loss and take profit setpoints?

>>13821266
keep in mind I'm spending bitcoin to do this and it's tough to correlate that ratio ahead of time to get sats in = sats out
does anyone grok with what I'm saying here?
got any tips for a complete noobie in this arena?
my gains were from buying ICOs, linkpool shares, and binance stop limits, have never engaged in this kind of trading before but it is an entirely different dimension

>>13821266
leverage is determined by position size and starts at 100x

this chart is on their info page

>>13820970
ahh the projected loss and profit in satoshis are listed on the left side there by the entrybook in pic related
>>13820970
the minimum timestep period is defined as a lowerbound by their internal figures and when you adjust that your range automatically changes
very interesting stuff
>>13821348
still trying to figure out how that is factored in

>>13821377
here's an example of another position I've taken now just to see it, but with a little bit more scale
now I am carrying 1ETH on the line
bought it at 249.53
and have the stop loss and take profit boundaries established
how does the leverage factor in giving my overall balance of 0.1btc?

>>13821404
via the entry book loss and profit boundaries (measured in satoshis) you can establish loss and profits you are comfortable with to close out your position (whether up or down, you set for both cases)
this way you control your risk to losing satoshis on a bad deal while optimizing it for potentially gaining satoshis on a good deal
very great trading dimensions are available in this case, can't believe I didn't realize this sooner

>>13821404
it will be 100x leverage

its based on your position size. all positions under 50 ETH in size will be 100x leverage.

>>13821507
>it will be 100x leverage
understood

>>13821507
and I can close my position at anytime before the limits are triggered right?

>>13821749
does the P/L factor in the commission fees?

>>13821749
yes, you can click the x on the right of the trade info and it will open a dialogue for market closing the position. you can also double click on the trade and adjust your stop loss and take profit

>>13821772
no, and the fee is .05% of the position size so at 100x ends up being 5% of the amount of margin you used. this fee is charged for opening and closing the trade so it totals 10% of your margin. this means that you will need eth to go up 2% (on a long) for you to break even from trading fees.

>>13821867
ty for all your help friend
I'm starting to understand how all this works thanks to your help

>>13820943
Why did thorecoin reach $1000, and why should this one as well?

Are you trading on Crex24?

>>13822068
godspeed anon

>>13822269
thank you