/biz/ - Business & Finance

>>56742422
How high was your leverage in these trades?

>>56742425
>bitcoin spot
Read nigga read

>>56742433
I never trade this at face value.

>>56742436
What?

>>56742439
USDT gives you 100x margin if you are not a poorfag.

>>56742445
I will never use leverage no matter how rich I am. Waaaay too risky

>>56742453
Are you retarded? Just use cheap collateral.

>>56742459
No

>>56742463
Stay poor then.

>>56742465
Post net worth

>>56742470
Net worth is a meme.

>>56742471
>>56742459
Explain how I do this and how is it better than spot?

>>56742476
>borrow 1 KAS
>lend it out on margin for 10 LINK
>lend that out on margin for 100 DOGE
>lend that out on margin for 1000 USDT
>cash out in BTC to hardware wallet and fuck the collateral
Its awesome.

>>56742482
>Kaspa moves -%0.0000001
>Money gone

>>56742459
wtf is cheap collateral even supposed to mean? the USD size of the loan is based on the USD size of the collateral, no?

>>56742487
>kaspa is money
>>56742488
You dont want USD - you want USDT.

>>56742495
are you actually using that strategy or are you larping? if youre using it then which platform and does it go against TOS?

>>56742504
>incriminating yourself on lending fraud

>>56742495
Let's say this actually works. I am pretty sure you can't loan with margin without a kyc which means you can't cash out or paolo will just freeze your tether

>>56742514
so you're committing fraud. cringe

>>56742521
>or paolo will just freeze your tether
You are a sweet little boy.

>>56742422
catch is you're missing out homie, take the degen pill

>>56742531
>pig butchering romance scam
what

>>56742532
It's all fun and games until it dumps and you get liquidated. I know it is tempting but no. Good luck to you tho I hope you make it fren.

>>56742549
You still dont get it. There are people who WANT to get liquidated.

>>56742549
oh I know, I faded the march 13 pump and lost 5 figs. Leverage is retarded

>>56742572
Did you get tax deduction on your loss?

>>56742577
haha

Now you see.
This thread will get slided.

>>56742422
The catch is that's about minimum wage.

How about you seethe some more?
Bumping this for the lulz.

>>56742482
Does this work? I took out a loan on a Otherdeed because I wanted to hedge against shitting the bed, in the end I paid the loan back because the highest offer on OS was more than the cost to repay. But I didn't get loaned the entire market value of the asset, more like 90%. So how can you take out a loan for more than the value of what you collateralise?

can I do this with like $600 daily?

>>56743737
>>56743823
Of course. Go up the ladder from shit to stables.
The bigger the number the easier the lend.

>>56742459

>>56743885
Nice picture of you, faggot.

>>56742482
Do not respond to this fella, as you can see he forgot to blur his identity. "Paid incel"

>>56744391
You replied. Lmao.

>>56742422
Yes you damn lucky fag and I'm as well, I made a huge stash from BobNet telegram trading bot as I kept degening and scalping into lots of plays via the bot.
Auto trading features and more.

>>56742531
why do these retards save their money in usdt? are they literally so dumb?

>>56745710
Monero's price isn't high enough to serve the whole market. Also yeah they're kind of dumb.

>>56742422
Is $50 a lot?

why haven't you taken the CRYPTODEBTMAXXX pill? want to own a house? easy. just apply for a loan on USDT. want a new car? you're qualified, just go to a $USDT0 down, buy here pay here lot. need a new phone? finance it. student loans? just stop paying them and let them garnish your gainz, they can't garnish >25%. owe money on your debt? just get a new crypto credit card and do a balance transfer. if CEXes can perpetually refinance billions in debt, why can't you? really, if you aren't living the CRYPTODEBTMAXXX lifestyle you aren't living. it's simply a matter of clicking the site, collaterizing your DOGE, and telling them that you want MORE BTC DEBT.

>ALL CEXES AND STABLECOINS KNOW YOU BY NAME
>FEARED YET RESPECTED BY RISK MANAGERS
>DEBT COLLECTORS BLOCKED IN PHONE
>STILL SCREEN EVERY CALL TO VOICEMAIL
>NEVER VISTIT THEIR LOAN SITES AGAIN
>DEBIT TO INCOME RATIO >100% BUT STILL GETTING NEW LOANS
>LEASED LUXURY CAR ON CRYPTO CREDIT CARD WITH NEGATIVE EQUITY TRADE IN
>HOUSE 6X YOUR GAINZ ON 40 YEAR ARM MORTGAGE
>STARBUCKS & RESTAURANTS EVERY DAY
>ALL SUBSCRIPTION ENTERTAINMENT SERVICES
>8 CRYPTO CREDIT CARDS, ALL MAXXXED OUT
>NEW IPHONE EVERY 6 MONTHS, FINANCED WITH NEGATIVE EQUITY

Bumping a last time.
Irrelevant now because the word is out on the street now - but i just like to annoy you.

>>56742422
How much did you pay in fees?

>>56742422
congrats you can afford two meals at burger king now

>>56742539
literal slaves are forced to message random numbers/whatsapps and pretend they got the wrong number, they then chat with you for weeks/months and profile you, if you are lonely you are more susceptible to talking to them and they eventually pitch you into some kind of fraud, since its your "friend" which youve messaged daily for months its very successfull and worth the manhours

>>56742422
If you don't tell us the capital invested it doesn't say much.

>>56742422
I just made my first 2k trading XOR, i feel like the next wolf of wall street

What the hell are you saying? Did you make $50 per week, or every day?

>>56744391
kek