[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 11 KB, 725x319, Bitmex.png [View same] [iqdb] [saucenao] [google]
7534630 No.7534630[DELETED]  [Reply] [Original]

Do you want to make money while bitcoin drops? Or would you rather bleed while bitcoin rapes all alts? Check out Bitmex and go short or long with up to 100x leverage. Use Technical Analysis combined with fundamental analysis to decide what position you're taking. Remember that we're still in a bear trend so don't trade against the trend too often. Take advantage of volatile moves.

I highly recommend to start on the testnet. testnet.bitmex.com. When you get the hang of it go play with the bigboys on here: Use my ref link if you feel like you learned something here: https://www.bitmex.com/register/ewnFob You'll get a 10% fee discount for the next 6 months. Start off with no leverage and gradually increase it once you feel like you understand it.

>> No.7534663
File: 452 KB, 646x369, bjorn.png [View same] [iqdb] [saucenao] [google]
7534663

>>7534630
You can ask me questions here as well and I'll try to answer them. I might also do some TA requests.

>> No.7534670

>>7534630
Use 100x if you want to lose all of your money fast

>> No.7534690

if you arent shorting btc every day during this bear market then you really must enjoy being poor

>> No.7534752
File: 28 KB, 400x400, 1517608309031.jpg [View same] [iqdb] [saucenao] [google]
7534752

>>7534670
That's why I recommend starting with no or low leverage at first.

>>7534690
Yup it's basically free money. Comfy as fuck. Every bounce is a whale hunting liquidations as well. People think we're suddenly in a bull market but it'll take some time before that's gonna happen.

>> No.7534807

>>7534690
How do you determine when to short? TA?

Or do you just swallow being deep in to the red and wait for it to drop?

>> No.7534920

whats the point where you'll get liq'd anon?

>> No.7535007

>>7534630
shut the fuck up you fucking nigger

>> No.7535151

>>7534807
TA pretty much yeah. Learn price action trading and ranges. Learn to chart without indicators first and then add them to support your view.

>>7534920
Depends on what leverage you take. IF you go 100x leverage you'll get liquidated by a 1% price move and 2x leverage 50% etc. Shouldn't be too hard too figure out the rest.

>>7535007
You got liquidated or something?

>> No.7535866

bump

>> No.7535952

>>7534630
If I open a 100x short and it goes down like 10% then goes up 1% do you still get liquidated because of it going up 1% or is it a 1% price increase from your initial buy you get liquidated?

>> No.7536046

>>7535952
initial buy ofc

>> No.7536122

>>7535952
It's based on your entry price, so yes initial buy.

>> No.7536211

I got liquidated 4 times in my first 24 hours today on bitmex. AMA

100x leverage FTW niggas!

>> No.7536253

>>7535151
Learn to chart?

>> No.7536497

>>7536211
0.0001 btc orders? lmao

>>7536253
whatchu mean? learn to make charts I meant