/biz/ - Business & Finance

>>16819502
good
now fuck off and never come back

>anon falls for the /biz/ internet money meme and got burned

>>16819502
>he didn't buy BSV despite all the threads advising him too

STIFFED

>>16819529
sorry dude, he bought at 164 and now sees its falling like a rock.

If it goes to 8k I'm literally broke.

>>16819502
goodbye and thx for playing!

Dont be a pussy, cut it. Better than the possibility of being broke.

>>16819546
Why broke at 8k lol?

>>16819616
Idiot probably 100x longed

>>16819502
Should have bought Bitcoin.

>>16819641
Haha omg

>>16819614
I would lose the gains of like half a year if I cut it now.
>>16819641
Bought 8,25k at 50x and kept layering in more as it dropped. I was 100% sure it would moon.

>>16819685
Cut it or be broke ur decision lol

SHAKEY SHAKEY

No really, if you got a sissy's grip then you must reevaluate your even being in this board,

>>16819702
Looks like it's going up again though.

>>16819711
My feeling says its dropping the next week. Chinese new year.

>>16819502
good riddance, see you next top

Going to 2k.

>>16819817
The real dump will begin post halvening

>>16819711
yup, better put more money on it...

>>16819842
So would be better to buy more after halving than now?

>>16819711
Good luck gambling retard.

>>16819876

DUUUUDEEEE

>>16819546
kek

>>16819529
why can't bsv faggots ever spell?

>>16819903

>>16819546
>annualized 2.82x a year
>broke

OH FUCK YES

THINGS ARE TURNING AROUND

PLEASE

BTC about to hit 7460 or even lower. XRP about to drop too.

screencap this

This is legit killing me.

>>16819685
What the fuck does it matter half when you can lose all. X50 is too big when you're all in with no stop loss. Deserved liquidation if it happens

>>16820239
Things arent really turning around, we are hitting new daily lows right now but wish all the best

>>16820256
most people who are doing 50x are doing it with 2% position sizes... if you so choose to trade because you're a brainlet, then you can just use non leveraged with larger positions

>>16819685
>I was 100% sure it would moon
guess you need to check your measurements anon..kek

>>16820280
>most people who are doing 50x are doing it with 2% position sizes... if you so choose to trade because you're a brainlet, then you can just use non leveraged with larger positions
This much I know. OP is prob all in and not only 2% position size. And using more than 2-5% size on a trade x50 is ridiculous risk management anyway.

>>16820326
You haven't lived if you didn't go all in with 100x leverage, pussy. Go big or go home

>>16820326
It was 10% at first, but as I said I kept paying in because I expected a bounce.

FUUUUUUUUUUUUUUUUUCK

OH PLEASE FUCKING NO

>>16820343
Who told you I didn't in the past faggot ?

>>16820343

>>16820365
You sound like a pussy faggot scared of losing numbers on a screen with that "ridiculous risk management" gay talk

>>16820326
we have gotten to the point where people need leverage on a highly volatile asset like btc and suffer at the expense of liquidation engines which are total scams by the way

>mfw I put the BTC and XRP shorts in straight at the top
>mfw this is my first real forex trade and I mainly do forex, stocks and ETFs and took my fundamentals

early warning again. These things have the potential to drop HARD. 8000 breaks and kiss your money. Get out while you can or at the very least put shorts in with tight SL. And don't overrisk/overleverage please.

PLEASE BUYWALL SAVE ME

PLEASE

>>16820409
sorry meant to say... first real crypto trade. It's all the same fundamentals.

>>16820384
>we have gotten to the point where people need leverage on a highly volatile asset like btc and suffer at the expense of liquidation engines which are total scams by the way
We're not trading the same sum of money obv, if you feel high all in x100 be my guess I did it too. But that's losing in the long term. Finding yourself on bitmexrekt ain't good

YES

>>16820387
>we have gotten to the point where people need leverage on a highly volatile asset like btc and suffer at the expense of liquidation engines which are total scams by the way

Nah it's fine as it is right now. You get scammed only if you're a retard. X10 I wouldn't say anything, but X50-100 are not to be used with an IQ < 100

MAKE

IT

STOP

And rekt.

Fuck this gay earth.

>>16819502
Bye OP, it has been entertaining

>>16820504
rip, hopefully you saved for kneepads anon

>>16820517
Why u didnt cut? Wtf

RIP

>>16820528
I don't know. I'm retarded. I'm legit done with crypto now. Lost about $17k. I have like $200 bucks in random shitcoins on hitbtzc and that's it.

>>16820528
>I would lose the gains of like half a year if I cut it now.
"I would lose the gains of like half a year if I cut it now." Yeah, it's better to lose everything mate don't you think ?

NNNNNNNNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>16820459
if you're a good trader, why do you need leverage to hold you back in terms of interest and liquidation engine "fees"? just track volatile assets and trade them, get a personal loan to start if you need initial capital

I really see no valid reason to participate in the other alternative

Say my name

>>16819685
longing the top of a bull trap after months in a bear market ended not being a good a idea after all son

guys, just work and collect a good amount of money and trade without leverage

>>16819685
>I was 100% sure it would moon
>before the halving
you ACTUAL brainlet

>>16820280
>2% position sizes
kek, except for OP

>>16820559
>if you're a good trader, why do you need leverage to hold you back in terms of interest and liquidation engine "fees"? just track volatile assets and trade them, get a personal loan to start if you need initial capital

When I was a poorfag, getting a loan was hard as fuck. Especially if you told a reason they wouldn't like. Ofc i'm in europe. In the US they're probably better.

>>16820541
LOOK AT THIS DOOD WAIT TILL U SEE THE
OH NONONNONO OOOOOOOOOOOOO
AHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHAAHAHAHHA

>>16819502
Bought BSV like a fucking sperg i rofl at your expense you dumbass kike nigger

>>16820601
even with a small amount of capital and saving from 0, the volatility of particular assets should be enough to hit $1m in 5 years, volatility and compounding is all you should need

>it's bouncing
>now

Yeah, fuck everything.

Lmao imagine buying an obvious pump /biz/lets are straight up retards

>>16820561
as if this faggot is relevant to OP's retarded margin trading

>>16820660
it's back up 20 dollars anon. I know that's a lot to you as of today, but it's not a bounce

>>16820662
imagine missing the bullrun because
>this cycle is different!

tough break kiddo

maybe use it as a lesson to not trade on margin or leverage

>>16820649
"5 years" It depend of the "small amount of capital" you said. Ofc volatility is great. Leverage is great too because it's basically a loan, just use proper stop loss. But in the end, it depends on ppl. Some love to gamble x100, others won't touch it

>>16820541
Degenerate.

>>16820694
but what im saying is volatility is free leverage and if you're a good trader then compounding is all you should need to make it rather than risking crashing and burning hard and giving up

as little as 10% a month compounded for 5 years is 1.1^60=304x your capital

Am I just made of stronger stuff than the average /biz/raeli, to not panic every time it dumps 0.5%?

>>16819502
https://youtu.be/4bpX64ehKUs

What the fuck is this shit? Did I get fucking bogged or what?

>>16820720
10% a month is incredible mate.

>>16819502
See you on Monday.