/biz/ - Business & Finance

>>54615445
damn this is actually pretty good, today OP was not a faggot

>>54615445

>Bobo thread

>Alright listen up retards, this is for all the bobos with some hefty cash on their hands who remained sidelined like me and missed the bottom
>This rally won't last much longer, it's going to stall out somewhere between 30k and 40k and a 20% to 50% dump will commence
>Here's how you make money before actually buying the next bottom (be it higher or lower than the 15.5k bottom):
>1. Take your sidelined money and divide them into 25% stacks
>2. Enter a 2x leverage short with 25% of your stack (VERY IMPORTANT FOR IT TO BE ONLY 2x), the liquidation price will be 45k
>3. IF btc goes up to let's say 33k-34k, you add in a second stack of 25% in the same 2x leverage short
>4. Same if it goes up to 36k or 38k.
>5. Btc WILL correct down to at least 30k and if it only corrects 20% you can break even (put a stop loss right above your entry point after the price taps the 30k zone to be sure you don't end up losing anything)
>5. If it goes below 30k (which it should, in a larger than 20% correction, which is statistically much more probable) you keep your trade open until you're satisfied with the amount you make
>6. Buy the bottom, wait for signs of reversal and get in
>7. Enjoy profits

>I can't stress this enough. You CAN'T go over 2x leverage. If you do this as i explained then you literally get free money. Cheers.

>>54615458

>damn this is actually pretty good, today OP was not a faggot

>>54615460
>>54615465
Thanks for bumping my thread, you mouthbreathing homunculus

>>54615484
>Thanks for bumping my thread, you mouthbreathing homunculus

>>54615445
Why only 2x? If you’re that confident, why wouldn’t you use higher leverage?

>>54615502
Oh no, how will i ever recover? I got basedjack'd
>>54615524
That way you can sleep at night while still having a quarter of your net worth in a short on BTC my man
If you don't know how sleep is like when you leverage trade, then you never traded
BTC goes up, you don't care cause your liquidation point is at 45k or above

FREE MONEY, NO STRESS

nice dude

i smell money bobros

but btc is going to triple top this year

>>54615804
Maybe, but not before a 20% to 50% correction on the way up, and that will happen before hitting 40k, so you can break even at 30k in the worst case scenario

Or maybe just open a low leverage long (like 2x or 3x) and close it above the ATH?

>>54615851
Sure, that's what you can do at the bottom, wherever that may come, but you don't long before you get a fucking correction to this rally. That IS coming, eventually. Just be prepared to cash in on it

>>54615872
>but you don't long before you get a fucking correction to this rally.
yeah that's why I proposed a low leverage long, one where you only get liquidated at 12k (so like a 1.8x long?) shorting is a dangerous game buddy

>>54615913
You don't have any guarantee btc will go up from here, but if btc goes up towards 40k you do have a guarantee of an eventual correction testing 30k. Now you can understand why you rather go short than long at 30k, if you have any other questions i'll gladly answer them before i go to bed

>>54615913
>>54616005
Also, if we do go below 15k, you won't get a chance to close your long break even at 30k. this could be the top for all we know. So if you enter a 2x short you account for both being right an wrong. There is no scenario where btc just goes to liquidate you without seriously correcting down before it goes further up. And you use that correction to close your trade break even.

>>54615445
i'll do 3x but thanks anyway good idea

enjoy getting destroyed
btc is pumping as you read my post
there won't be any corrections and you will get liquidated

>>54616108
If your scenario is true, then if i would have applied the same technique at 20k, i could have closed my short when btc tested 19.5k during the mid march dump
If btc goes to 40k, it will at least have a similar correction towards 30k where you can break even. And you'll have your entry point higher than 30k either way, because you inch in at 34k, 36k, 38k.
If you're convinced about saying there will be no correction then you don't understand how markets work and will make less profit on moves than i do. Good luck

>>54616108
Nice pump btw