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16922436 No.16922436 [Reply] [Original]

Got rekt last night and lost 0.45 BTC
How do i recover?

>> No.16922460

buy another 0.45 BTC. Problem solved

>> No.16922472

>>16922436
you don't.

it's a basic scam.

end of story.

>> No.16922588

>>16922436
Learn why you lost the 0.45 and try to fix it.

>> No.16922610 [DELETED] 

Learn to margin trade.

>> No.16922665
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16922665

>>16922588
everything happened in this region
i had a long position at 8660 and was on my way to make another $500 profit but got wicked out and then i fomoed back in at the top got dumped on panic shorted around 8635 but the dip happened so fast i wasn't able to take profit fast enough and ended up with a small loss. somehow i ended up shorting the very bottom because >market orders and so there i was with a long order at the top and short order at the bottom. i had no idea what to do next so i just closed all my trades and took the hit

>> No.16922669
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16922669

>>16922665
>everything happened in this region

>> No.16922680

>>16922665
Stop chasing sudden market movements.

>> No.16922685

>>16922665
>>16922669
never margin trade ever again, lesson learned

>> No.16923705

Buy high sell low?

>> No.16923724

can someone explain margin trading to a hodling brainlet? basically you put your own btc on the line on bitfinex/binance whatever, long/short wherever you think the price is headed, and if you guess right you win more moonies??

>> No.16923748

>>16922665
stop trying to trade. look at it simply: if you held that .45 for another 2 yrs when btc is trading at $88K what would be your profit?
vs what is your profit now?

>> No.16923863

>>16922436
there is a prolific poster in the trollbox on bitmex, he is kind of annoying - but he is an okay trader.
Anyway he only trade with 100$ at the time and do x100 leverage or something crazy like that.
Perhaps this could be something you could try (haven't tried it myself, because it is stupid and he is stupid).

>> No.16923919

>>16922669
>trading the chop
Chop chop suey nigga. How you like Arthurs speciality dish? Served straight from the desk in hong kong.

>> No.16924047

>>16922436
>getting rekt on 5% moves
>cant read charts but wabts to leverage play

Just

>> No.16924061

>>16922669
Forget what I just wrote above.

You are plain fucking moron.