/biz/ - Business & Finance

>>50462960
Where did you buy it? And I think you can sell it as you bought "3x short shares"
Secure that first loss, and welcome to the casino :^)

>>50463013
I bought it from trade 212

can i not hold it like a stock till coinbase inevitable drops or does it not work like that?

>>50463181
sure. unless the fees eat it all or you get liquidated first. It should tell you the liquidation price somewhere.

>>50463233
it doesnt, is that possible?

>>50463233

>>50463300
How big of a dumbass are you that you don’t even understand the basics of what you’re doing?

>>50463320
new to trading, didnt claim to know everything, thought i could buy a short and wait it out, if it doesnt work like that it os what it is just trying to get clarification thats all

>>50463320
The Internet is great. It has enabled people to be incompetent at almost everything now.

>>50463283
Yea you shouldn't be doing this. Watch some tutorials and open a Binance or Kucoin account. Start their demo trading app and try to learn what you're doing.
This shit will eat your money up.

>>50463358
https://www.investopedia.com/simulator/
This may prove a cheaper learning curve.
What you are doing rn is literally retarded.

>>50463358
You have taken up a loan (gearing) in order to accelerate your position. Every day you are automatically paying interest on this loan. This will eat up your entire position if price stays stagnant.

>>50462960
If you are new to trading why didn't you read about the thing you were buying?
What makes you think 4chan is going to give you good info?
That's not a "short stock" either. If you wanted to short sell COIN you could actually do it. You bought some scammy tokenized product.

My advice is take the loss, get out, read and learn, and then try again when you aren't so ignorant.

>>50463372
it could always be worse

thanks for the help guys stll in the green from my intel investment luckly appreciate it

>>50463320
We are so far from the bottom

bad move

>>50462960
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Fucking newfags
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