/biz/ - Business & Finance

How do you go below -100%?

>>53917076
collateral greater than your position

>>53917063
>125x
How?!? They allow that insane number?
Oh well nigger I've been broke for 9 months straight try getting on my level, oops looks like you just did.

>>53917063
Fucking retard. Buying internet tokens is degen gambling already. What you do is straight up idiotic. The cryptomarket is way too volatile for leveraging.

>>53917063
I genuinely hope you stay poor for the rest of your life.

LOL

LMAO

HOLY FUCK

>>53917076
leverage...

>>53917063
If it's any consolation, it's possible that your post will save other morons here who might be been considering leverage

>>53917063
LMAOING AT YOUR LIFE

>>53917063
>theres thousands of people just like this
You wonder why these violent swings happen, the people in power see this and make a lot more money loquidating you than buying and selling lmao. Leverage trading has ruined crypto

>>53917063
Good for you, retarded monkey.

>>53917063
stop listening to cryptosrus

>>53917063
KKKKKKKKKKKKKKKKK

Imagine the smell

>>53917063
>125x

3x max, and always use a stop loss. if you want to leverage ofc, which is unnecessary in the first pplace. crypto r/r is already insane without leverage.

>>53917063
Anon x125 is too much leverage. I don't think I would do that even in a giga pump. Basically decide your leverage based on the closest strong support. And you would still be underwater but you wouldn't have gotten liquidated.

>>53917063
how much money are we talking about

>>53917063
God I hope you weren't using the entirety of your accounts margin with that much leverage... Brother.. Man.. Guy.. PLEASE tell me you didn't leverage your ENTIRE ACCOUNT. PLEASE.
THIS IS WHY YOU TRADE WITH 1 OR 2% OF YOUR ACCOUNT WITH THAT MUCH MARGIN.

>>53917063
Can someone tell me how one would pay this? What if OP just ignores this? Will the binance chink police arrest him?

>>53917182
YOU ARE STUPID. But it's ok, you can learn. HIS COLLATERAL IS GREATER TAHN HIS POSITION, THEREFORE HE CAN LOSE THE POSITION AND THE COLLATERAL THIS IS WHY IS OVER 100%. HE WILL PAY AND HE WILL BE HAPPY.

>>53917166
Greed is limitless. Everyone wants to become a millionaire with a thousand bucks. Well, it aint easy...

>>53917063
was looking for a referral code thanks

>>53917200
He doesnt realize that he not only lost all of his money but on top of that he has debt now.

>>53917182
they already have his money

HAHAHAHAHAHAHAHAHA STUPID FUCK LONGING THE TOP

>>53917182
For example. Image that you levarage account has 1000 dollars and you open a position with 10 dollars with 10x leverage (a 100 position). You can lose your 10 dollars and the other 90 dollars.

If you lose 10 dollars you lose 100% of your position. But you can also lose more (more 90).

>>53917200
kek, I don't fuck with any leveraging clearly so I didn't know, so OP doesn't owe anyone anything, it's just that they'll take all his available money? From my understanding a leverage is a loan?

>>53917063
Acabou

>>53917063
holy shit how much did you even lose longing at 125x leverage, what a retard hahahahaha

>>53917251
You should fuck with leverage, but you have to have RISK MANAGEMENT.

>>53917161
> Anon x125 is too much leverage
The advice biz needed

Op we could be back to 24500 tommrow

dont close it

>>53917234
the other 900 dollars*

>>53917063
You're only supposed to use I've leverage like that even going short and you get out within an hour the most

>>53917287
990 dollars*

>>53917276
My risk management says "DON'T DO IT!!!"

Seriously, the universe is stopping me from fucking up my life, I was about to buy some shitcoin yesterday and the payment processor refuses to accept my KYC, then today it dumped 30%.

>>53917063
Gonna be another broke crypto retard offering to succ dick at street corners for dollars

>>53917063
WHAT IS THE LIQUIDATION PRICE?

>>53917063
NIGGA! Answer this Man! >>53917344

>>53917063
dont worry you'll get that $50 back someday

>using margin with 125x leverage

i only use 1x leverage, literally cant go to 0

>>53917182
In its simplest terms. OP has $1000 dollars in his account. He gives Mr.Binance $1000 for 1 Buttcoin. If prices of Buttcoin goes up by say $75 OP is up $75 dollars however, if the prices drops and drops hard by $1000 Mr. Binance comes and takes all OP's $1000 as he has nothing left to offer.

>>53917218
How does he have debt? Its Binance Futures?

>>53917141
>Leverage trading has ruined crypto
Cope crypto tranny. The only reason crypto ever went to $69k is from sbf cooking the books with leverage. Hell, btc should be at like $4 right now but CZ is also cooking the books

God's forbid me from learning about shorting and longing
I thank myself for being ironically smart enough to know that leverage trading is literally gambling with your life

I pray for you, Anon

>>53917063
>3 weeks since Binance engaged in sketchy behavior
>Imma HODL
Play stupid games win stupid prices.

>>53917076
It's a 13IQ thing. You wouldn't understand.

>>53917063
lol ffs, why tf is everyone so damn greedy? like srsly, who even trades with 125x leverage if they ain't got that greed mindset? baka. personally, the most I've gone is 20x and I still get rekt. but hey, that's just how it goes, right? last time I did some futures, I was messing with ZRX and STX, but also making moves on STG and RIDE. good luck to y'all chasing that paper, hope we don't get that love letter from CZ lmao.

>>53917063
>wanna partially kek
>wanna partially hug you fren

Take some breaths. Start formulating a plan. You can come back and learn from this.

>>53917063
Futures
Made of
Virtual insanity

>>53917063
>456106600
That's how much you owe. Pay up, bucko.

>>53917182
Mob will show up and break his legs.

>>53917596
This shit is stupid. Last time, I went long on LUNC, but it shorted like crazy, I was so down in the dumps that I was walking across the street like a mindless zombie. Now I stick to mainly Erc721 NFTs like Seekers, Fluf, and ASM Brains, other blockchains are okay but imma stick to these. Sometimes I just buy mid and low-caps like RUNE, GMX, and IBC tokens and move my ass.

>>53917592
LOL, your punk ass really thought SBF was like crypto saviour, huh? Now where tf is your sweet boy token, eh, you must be retarded, you just gotta trade at ur own damn risk. Thank God I didn't trade HBAR, Near, Ride, and Metis on that shit coz I know my stubborn ass to save my big hodls on that CEXs, but ever since that fiasco, hehehehe boy I've been all about decentralized wallets as they're my now my babies.

>>53917782
Gambling at its peak like yo!!

>>53917818
Get some Dione if you're into microcaps

>>53917096
you can do 200x on pancake swap

>>53917782
Jamiroquai was ahead of his time...

>>53917623
Whatcha saying

>>53917063
how much did you blow, nigger?

>>53917596
My friend constantly shorts/longs his money to oblivion and clearly has no idea what he is doing. He got liqudated again today.
I will never touch leverage.

AHHHHHHHHHHHHHHHHHHHHH

>>53917715
>lol ffs, why tf is everyone so damn greedy?
If you're not greedy then why do you care about losing money?

>>53917284
>dont close it
he's already liquidated you mongrel

>>53917063
I know that feel bro.

I longed at 23k with $50 at 125x leverage. I basically lost my saved up lunch money allowance. My mom’s ganna be pissed.

GUH

>>53917063
Firstly not my bad I needed to remove liquidity. Secondly buy the asset not gamble with shorts and longs. Thirdly but really most crucial of all read the Quran.

https://www.youtube.com/watch?v=61i2iDz7u04

HEY HEY HEY

>>53917966
So, what's the deal? I'm really thinking of stockpiling some more sylo for LM as this boy here is damn low-capped and undervalued, as I'm thinking of throwing down some cash on it via Kucoin.
But what's the cap on this bad boy? Let's say few 10 bucks max on it, kinda on the fence about slurping it up or just passing on it, hmmm..

>>53917596
I made $40K doing soft leverage like 2-5x. Set your liquidation to something outrageously far off and you can pretty much ride any market to profit.

>>53918000
Haha, I don't think OP gonna spill the beans so you can all just run around in circles.

>>53918006
The right TAs does better, like hell yeah I made some mad gains on T, REN and GMT shorts. Of course, I did it with 15x leverage, because I don't have the stomach for losses. Just planning on using my profits to mint my own nametag, snag a holoride Gen2 NFT, and maybe even get in on the OpenChat presale.

>>53918012
We going down but we gonna hit peaks too.

>>53918179
I've been hearing this cope since last year. Crypto is dead, a canary in the coal mine. Global economic collapse incoming.

>>53918039
WAGBO

>>53918210
Bruh, every bear market gets wesser but we forget that when the bull run comes, so yeah I'm damn high on copium. Just gonna HODL my VRA, Sylo, ETH, Kda, and other gems. Can y'all tell the Arbitrum guys already that I'm waiting on their token launch even as I'm keeping an eye on Root Network too.

>>53917063
house always wins. thanks for playing.

lol fake

>>53918282
Win what?

>>53917076
He adds margin to his leverage trade
Probably after the initial trade
Literally deserved it

>>53917063
Imagine "hodling" in a bear market. Now imagine longing at 125x in a bear market, holy kek. That's uncharted territories of mental retardation. Just show screencap somewhere in a gobernmental office, I'm sure they'll give a disability pension or something immediatly, you fucking earned it

>>53918375
your money

>>53917063
>X125
I hope you only use 5% of your portfolio with that leverage.

Oh no

<rubs hands>

>>53917063
I dont understand what the benefits of leveraged trading is. If you do a $10 trade with 10x leverage and stand to lose up to $100, why wouldnt you just do a $100 trade with no leverage?

Anyone using that amount would've only had like 50 bucks

>>53919381
So that you can open more position and incase of big scam dump you only lose 10$ instead of all your position.

>>53917063
You lost $25
Post position size next time

>>53917818
>>53918006
Leverage is the only way to make it with low capital. You just have to time your entries/exits, don't use 125x like this retard degen, and don't use all of your portfolio. You will lose, but your gains will be exponentially more than your losses.

>>53917063
Thanks for playing, better luck next time.

>>53917715
>>53917818
>>53918170
>>53917932
>>53918251
have the bot posts always been this bad here

>>53917063
Good for you stupid retard. I hope you didn't learn anything so that you lose your next investment. How many times does biz tell you not to leverage you fucking idiot.

>>53917063
>long 125x
Holy shit Pablo, you went full retard.

>>53919476
isn't the whole point of this thread that the current scam dump made op lose all of his position?

What happens tax wise when you’re liquidated? You’d owe as if you sold everything?

>>53919687
No OP being a retard made him lose all his money. Gambling with insane leverage without stop loss is just stupid.

Only reason you should ever use 125x leverage is when you have like $5 of a stablecoin in change after DCAing into whatever you like and couldn't care less if you lose it

>>53919381
>why wouldnt you just do a $100 trade with no leverage?
why would you do that when you could do a $100 trade with 125x leverage for 125x profits?

>>53919706
>Gambling with insane leverage without stop loss is just stupid.
he had a stop loss. it was 0.8% below his entry price, and then he hit it 6x more times instead of letting it trigger lol

>>53917592
This.

>>53917162
Going by quick maths and estimations

>23400-22300=1100
>1100X125=137500

So basically he lost his house, unless there’s elements I haven’t taken into consideration

>>53917063
im too stupid to understand leverage and not only am i afraid to ask but i dont want to end up like this dude

>>53920118
leverage is easy
profit = profit * leverage

>>53920056
Oh that's right. Still stupid.

How much did you lose?

>>53917298
Do you own the full thousand in the first place, or is it loaned?

>>53920131
Happens with a lot of crypto exchanges.
>ohhh yuo stop ross no tliggah? so sowwy, no wefunds, pay up or we fire corrections on yuo
>thanks for praying!

I haven't browsed biz since 2021 after making it. This thread of pajeets trying to explain leverage is confirmation how fucking dead this board is

>>53920163
that's not the point.
at high leverage the implication is it's too tight for stop losses; your liquidation price is literally your stop loss.

your supposed to risk the entire trade (which is not the value of your entire account)

>>53917063
Didn’t see it yet sooooooo
>1pbtid

>>53920171
>oh nooo yuo got bartdicked and candle instantly rape yuo bloody way past liquidation point?
>no, no, me kno we can process twades in nanosecond intervals, it just no go through for you
>thanks for praying!
I get what you mean but it's still asinine and borderline criminal behavior. Then again anyone fucking around this hard in crypto ought to know better, most don't sadly.

>>53920181
kek; that isn't far from the most agregious futures scams.

whenever the price goes hard one way or another many exchanges shut down futures and don't let you close your positions (but their auto-liquidation system still works). they keep the futures exchanges down until they've auto liquidated enough people that they can afford to cover winnings.

i'm never trading on an exchange not regulated by FINRA again.

i used leverage cause i only had 150 bucks on my name. Obviously i lost that too

>>53919703
You get taxed on closed positions (e.g. you short bitcoin at 69K, then buy back at 15K, you owe in that 54K) but it doesn’t matter, he got liquidated. As Ling as he doesn’t trade the exact same position again like a dumbass or something similar for 30 days, he can keep those losses to nullify his gains.

>>53917592
>Hell, btc should be at like $4 right
BTC did reach $250 organically in 2013, before dropping to $60.
Willy bot came afterwards, then USDT and the rest is history.
But $4 is too low

>>53917063
I thought the leverage was 25x max now. How old is this? They removed 100x years and years ago at this point.

>>53917592
Hahahaha no-coiner incels absolutely coping themselves to death right now. You had 10 years, get over it.

>>53917141
High leverage reduces market volatility and allows for better price discovery, if you think about it deeply you will realise why that is.

For OP sorry for your loss but you have to move on, make some money for a while and try not blowing up your account next time.

>>53917076
His x125 leverage means that a move of -0.8% in BTC reduces his position to 0. However, the market can easily move more than that, and it did, before Binance could liquidate it fully. The price of BTC moved by 5.25% from his starting position against him.

>>53919703
Is that an edit?

>>53920209
Cexes allow leverage up to 100-125x on BTC, thanks to the high amount of liquidity. Most I would risk with such high leverage is $20, for the lulz, not more.

>>53920234
>However, the market can easily move more than that, and it did, before Binance could liquidate it fully.
binance takes the L then, never have enough in your account to fund one cent more. when doing high leverage trading

>>53917063
Sorry you can't get it back. You win $10 and lose $1000. That's futures trading for you. Buy and hold in spot moron. ORE is a sub 5M mc but you won't buy.

>>53917596
Instead of gambling I'll invest in identity management projects, ENS and ORE are good to go.

>>53917076
Does he actually have to pay it back though? I mean it's BTC, people get scammed left and right each second. Are they really gonna notice/care if someone walks away without paying back the collateral?

>>53917063
I hate you leverage fags so much it’s unreal. You are a fuckin disgrace.

>>53919706
OP use cross margin instead of isolated margin. There no way exchange let him -600% without some sort of compensation.

>>53920113
Isn't that price just the BTC price? Not the amount he invested?

>>53920636
they aren't dumb he already paid.
it was going to liquidate at -0.7% and he kept adding money to reduce the leverage and increase his liquidation price and save a loosing bet. stop losses would not have helped, he intentionally wanted to continue the loosing trade and if stop losses were set they would have been unset.

adding 6x margin to his initial position should have reduced his leverage by 1/6th.

OP was actually reducing his leverage with every hit, the ending leverage was only 20.8x, not 125x

>>53920686
if you do the entry / exit price math on OPs post he was liquidated at a 5% drop, which coincides with 20x leverage not 125x and confirms he added margin.

>>53917155
I know guys that use 50x and 100x collateral successfully. But they only use it for scalping. As soon as they get some profit they close the position. They also set hard time limits where they close the position at a loss even if it didn't hit the stop-loss. 4 hours at 50x, 1 hour at 100x. Also, never spend more than 1% of your stack per tx.

>>53917076
leverage

>>53917155

Stop losses are for fags.

Real man use hedges or take the risk with what they can afford to lose.

I have seen so many people lose constantly because of stop losses triggering due to volatility.

Over reliance on stop losses is only for people that trade more than they should and have no fucking idea of what they are doing.

>>53917063
1pbtid larp thread

>>53917063
x125. LMAO.

>>53917124
x10 leverage is fine. x125 is retarded.

>>53921099
I have a 10x from 24800, I don't feel so good buddy

>>53919703
Did this happen in the show?

>>53917076
Cross margin needs to be abolished

>>53921141
>Longing the top
Lmao

>>53917063
>125x
>lost everything
Good. You're retarded for that

>>53917076
Retard probably borrowed the money rather than use his own as the collateral. Equivalent to gambling with your credit card instead of debit. I'm guessing that's the case at least since the way I do it wouldn't have this be possible

>>53917063
first time?

>>53921141
It going drop to 21k.

>>53917063
>1pbtid
Op is larping or swinging from a rope right now

>>53917063
well fucking deserved go all in for one trade 50 days after it pumped, hope you rope

>>53917063
>he uses leverage without a stop

>>53921141
you clearly dont even use twitter to get signals its kind of embarrassing how behind this board got left by CT

>>53917063
>everything
>puts "everything" on 125x

>>53921141
You lack risk management. Unless your absolute liquidation price is bellow 15000 i don't know why would you ever leverage and letting your orders unwatched. I went from 1000 to 2000 in 3 days, now im sitting on 15k after 20 days. No, i dont win every trade, but i stablished and respected my risk management rules.
Also, everything you need to daily trade is know some candle patterns, the volume indicator and some MAs. Everything else is a meme.

>>53921720
which MAs matter?

>>53917063
>participates in shitty Perpetual futures scams
you deserve to lose everything you piece of human excrement.

>>53917097
>The cryptomarket is way too volatile for leveraging.
and easily manipulated

>>53917063
>125x
rookie number

>>53917063
Take this as a lesson: if you're gonna use leverage, buy an opportune moment. You bought the top, Bitcoin's price hasn't been so high since August last year, the chances were staked against you

>>53921803
resonance matters more

>>53922009
Name of this manga?

>>53922119
https://mangadex.org/title/8a769c56-f105-47da-9e70-9f7bafe1fd3b/fx-senshi-kurumi-chan

>>53920686
losing bet* loose is when something is wider like your mom's pussy. Loose like the laws are generalistic and loose. Lose is a failure, to lose something. Loss, lose, losing, LOST The Game.
I hope I managed to convince one gen-Zer/Zombie/Zoomzoom/Zoomer to stop adding an extra O to "lose".

>>53921099
I have lost everything before on a 10x cross margin position. removed the stop loss anticipating a fake out wick down... the great dumpening happened next when we lost 35k support.

>>53922195
Thanks, anon. Very kind of you

>>53922255
>removed the stop loss anticipating a fake out wick down

You deserved it. Your position was probably huge as well you little greedy nig.

You can be profitable trading with a 40% win rate if you have risk management.

>>53917182
They already got his soul.

>>53920113
retard

>>53922270
well yeah, lesson learned. people talk like 10x margin is safe though...its not. most people should not be using leverage at all. 10x position with tight stop losses will get stopped out over and over again. just as easy to lose your stack that way. 3-5x leverage is a lot easier to trade and you're more likely to grind up over time.

>>53920113
thats not really how this works.

Fuck I hate watching tickers I was going to buy moon

>>53918138
that must have taken some serious discipline, how much money were you trading with though.

mumoids voted for biden, guaranteed. eat shit, dumb nigger-brains!

>>53921803
Use 1 for short periods, 1 for medium periods and 1 for long periods. I personally use (7,25,99) for most. But you can "calibrate" your own values for whatever you want to trade.

>>53921204
It's edited to go inside the g-string, but yes.

>>53920113
LMFAO WHAT A RETARD THIS ANON WITH HIS CALCULATIONS

>this is the people who give you financial advices

>>53919703
Name of this anime ?

>>53920113
anon, leverage screenshots typically leave out the amount the person actually invests on purpose. they just show the percentage risked, price change and loss.
there's no way to know how much OP actually lost in dollars.

>>53917063
I never. I never use leverage. I always buy spot.

>>53923789
Probably like 5 dollars.

>>53917063
>125x leverage
Be honest with us anon, that's a 10$ investment at most isn't it?

>>53917063

> what is risk management

> why would you use leverage with that chart?

>>53922009
Ch 21 /biz/lated when?

>>53920234
it's more likely that he kept adding to his collateral to avoid liquidation, although at 125x you'd be doubling/tripling down on an obviously dead position unless you get really lucky. If I had to guess, he panicked, didn't fully understand how little the market has to move to trigger a liquidation at 125x, and added more collateral.

in any case these posts are bs because we don't know the actual position. could've been $50. something to make a thread here.

>>53924243
also see >>53920703

>>53922009
I'm keking here anon. Very nice.

>>53917063
>125x 1170.8 = $146,350
I've been shorting since $23,800. We could go down to $19100 here and still be in the current trend. Straight gamble longing there.

That could have got you 3x ETH nodes for generational returns.

Just know that you learned your lesson cheap. You could have kept being successful until much higher levels but you were always going to go bust without this lesson. Now you can learn no to gamble and start to build wealth.

>>53917097
>>53917098
>>53917126
>>53917141
>>53917143
>>53917148
>>53917151
>>53917161
>>53917162
>>53917166
>>53917264
>>53917295
>>53917334
>>53917623
>>53917715
>>53917763
>>53917782
>>53918016
>>53919332
>>53919167
>>53919381
>>53919487
>>53919565
>>53920574
>>53921088
>>53921238
>>53922016
fucking retards who think the screencap is real
it's fake LARP

these anons knew:
>>53920904
>>53920174
>>53921348

you guys just learned a lesson
be skeptical of what people post online
if you're this gullible you will get scammed from phishing scams

now apologize

>>53924466
Wow! You must be some kind of a genius, anon! You must be vey fun at parties, sure thing

>>53917063
how much would he have made if it was a short instead?

>>53920686

This is confusing

>crypto is now inversing the stock market
it's over.

>>53924466

>1pbtid

>>53924466
i knew it was fake cunt. i still wanted to spread my message about that chinese swindler cryptosrus