/biz/ - Business & Finance

>>8568681

But the top, sell and short the bottom, the biz way.

literal gambling addict

what is the sense in shorting after a 1100$ drop of BTC?

>>8568681
You did it...

>>8568681
You won't make it, it will bounce back a few times before getting below 6500 usd.

>>8568681

100 BTC sell well on $7900. Holy shit, im sweating and its really going down

>>8568714
> short low, buy high.

Biz is evolving.

>>8568681
>Take risks when there are blood in the streets
the quote is "buy when there's blood in the streets" my dude...

Keep going down. im up 19%, if BTC goes down to 7800 I will be up close to 45% and cover my losses.

This is my life savings right now

>>8568917
What happens if you get liqd?

>>8568681
Bull run imminent

>>8568917
Good luck op, im a long term holder, i hope it gets to 7800 for you.

>>8568917
You are a retard, retard. Even if you win. And even if you're larping. No matter what, you are a fucking potato. With chemical mush instead of brains.

>>8568917
>7900 LOL

>>8569033
he loses everything he has

>>8568917
i love you OP.

>>8569127

Not worried. Major resistance at $8k and we are on a downtrend.

Im taking a big risk and no reward without risk. when btc continues to go below to $7500 i will withdraw..

>>8569261
OP, what are the fees approx on the margin trade

Bitmex?

>>8568681
OP. You did it.

We're going to 7805 in next 15 minutes.

!!!Seriously the Hero we need but don't deserve!!!

>>8568917
you should probably close while you're ahead

greed kills even the best of us, im speaking from experience

>>8569437
Word I was up 0.015 and I lost 0.04 because I got greedy and din't close.

yes this is amazing. keep going down we are almost below 7880 now

>>8568681
problem is, there's always bounces out of nowhere where whales fuck the market and liquidate highly leveraged shorts.
Hopefully that doesn't happen to you.
I'm comfortably shorting with 7x, no chance a bullshit bounce will eat that.

>>8569772
funny, im opening 10x longs atm, are you sure you're not gonna regret it?

Im going to long x100 now. $2,000 all in
Let the best retard win

>>8569799
>>8569772
I personally look at the current strength of the trend and decide what liquidation price is sufficient to keep riding that trend without going under. 25x is the max.

IMO there's one Moore jump to around 90-92 and then bottoming out around 73-68. I'm going long around 69

>>8568900
Kek

>>8569772 this OP. whales are playing a game here. You will get fucked in the ass big time. good luck with losing all your money.

>>8569803
You'll probably be ok but for the love of god don't hold that too long

>>8569799
pretty confident anon.
check out dkryptlive on twitter, he's only been on there since Feb, but his calls are golden and TA on point.
I think we'll get above 8k again at some point in the next few days then dip to <7.3k.

>>8569949
as an aside to this, are there any good discord or tg groups discussing margin trading? What I've found is largely morons, pajeets, or bullfags.

>>8568681
Could actually careless if you sold Link your house or even your kid.

100% chance this guy will lose all his money in the next few hours

>>8568681
>Buys high
>Shorts low
I'll just do the opposite of what you do. Thanks, just bought 100k.

you sold at the bottom? LOL, shit bro sorry, then you shorted at the bottom??? HOLY SHIT

>>8571076
>shit volume
>TA entirely bearish still

this isn't the bottom bud.

>>8568681
a 3-5x short would suffice if you want to make up your losses. You will get rekt within 3 hours on 100%

>>8571178
this.
Just do 5x shorts/longs over a few days or weeks, you'll get back your money.

Selling the bottom, shorting the bottom. You have lost it bro. Fucking gambler.

ZAWA ZAWA

Things are looking amazin. 28% gain now, BTC at 7860 wow i cant believe it

>>8571633
even if you get lucky now, you will lose it all within 1 week with your attitude.

>>8571616

Worst thing to happen to gamblers is they win.

>>8568681

You will be liquidated by the end of the day you retarded faggot

>buying while RSI is below 30 on all time frames

anon I...

>>8571982
and I mean selling of course

Screenshotting for later tonight at 8020

>>8568681
>Selling entire portfolio while the entire coin market is valued at 300 billion and it's worth at least 1 trillion in the future

lol okay

>>8572036
this, kek

OP can only lose.
>Win bet, dopamine flood, will do it again in future and lose life savings
>Lose bet, lose life savings
Treat the market like a casino, have the results of a casino. Anyone using margin, let alone leverage, deserve to die in the street from nigger gangrape like the worthless gypsy they are.

>>8572246
narrow minded.
If most TA is bearish, and you leverage 3-8k, you're largely safe. Same for bullish.
Stay poor.

Your gonna make it

>>8569104
kid has trump's eyes
unironically

never change anon

ANON-KUN IS DOING IT

OP still here? Did u give up?

>>8572586

op here. I am doing well still clear resistance forming at 7900. Some sideways around 7880, expecting a big dump to 7800 soon.

>>8572706
>$80
>big dump
Kek. I hope you have fun losing it all

>>8572706
godspeed

>>8572813
He's 100x right now, that's a pretty substantial price movement.

>>8572865
Disregard am dumb

Bro, I really hope you make it just for the epic fucking balls of yours. You still a smelly gambler tho!

>>8568681
OP you fuckin hellraiser I wish you the best, its at 7876 right now im thinking its gonna dump again. I made 8% gain on a 10x short with the last dump. I wanna short again so bad.

RIP

AHAHHAHAHAHAHHAHAHAHHAHAHAHHAHA HHAHASJDFHASHDFAHHAHAHAHAHAHHAHA AHAHHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAAAAAAAAAAAAAAAAAAAAA

An hero OP

F

Whale REKT

press rip to pay respect

Oh no OP...

>>8572706
RIP, told you, we fucking told you not to leverage so hard.

>>8568681

OHHHHHHHHHHHHHHHHH.........

Liquidateddddddd

Oh no...thats sucks!

AHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHAAHHAHAHAHAHHAHAHAHAHHAHA

HAHAHAHA GREEEN CANDLE

RIP in piss op

and OP got liquidated and lost everything.

resume the dump

>>8568681
HAAAAAAAAAAAAAAAAAAAAAaaaaaaa

>>8568681
HAHAHAHAHAAH LOOOOOOOOOOOOOOOOOOOL GREEDY ASSSSSSSSSSSSSSSS

OH
MAH
GAHD
OP im so sry, thank god I didnt short again. Pay your respects anons let this be a lesson to us all.

He died for our sins.

>>8572706
you dumb fucker

OP I hope you are happy now you literally lost everything you had lol.

He fell for the "Blood on the street" meme

>>8568681
You're supposed to LONG when there's blood on the streets
RIP

Holy fuck lol the huge green dildo on the 5m chart

Press F to pay respects

>>8568681
Time to get them knee pads out faggot

And today we learned all how not to gamble all your money away.

>>8571616
>>8571806

ZAWA ZAWA ZAWA

SHINDURU!!!

HAHAHAHAHAHAHAH FUCK ME OP YOU SOLD LOW, LOST ALL YOUR MONEY AND ARE GOING TO BUY HIGH.

Ho-ly-fuck faggot the green dildo now. hope you will recover in in the next 6-12 months

I fucking love these threads. It always ends up with OP getting liquidated. Every. Fucking. Time.

what if the OP had redeemed his leveraged bet early?
would he have made back some of his losses ?

>>8568681
DUDE YOU MADE LIKE THE DUMBEST DECISIONS IN YOUR WHOLE LIFE PROBABLY LMAO

>>8573546
>>8573547
It was his life savings, OP literally lost everything he had.

Jesus why people do this shit, why you invest your life savings into crypto?

Do you understand you fat fuck you did literally gamble away your life in this 1 hour.

Now what have learned about margin

>>8573562
that's the screenshot i wanted to post but i didnt know how

>>8573562
This shit happens every time, like clockwork. Why would anyone make a bet like OP when there are whales manipulating the market?

>>8573604
Lol me too

>>8568681

> doesn't realize it's his blood in the street

Sleep nice OP

>>8568714
just leaving this quoting myself here

>>8568681
>TheRentischeap.png

Op got bogged. Never sell your linkies

Say something OP,did he suicide ?

Fuckin Mr Green, did you just liquidate OP, you rascal?!

OP you dumb fuck

>>8572706
>>8571633
>>8569658
>>8569261
>>8568917
>>8568804
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAH

>>8573732
kek

>>8573734

does any of you know how fucking awful the feeling of being liquidated is? its like when you do something illegal and get caught in the act, you realize its over and theres nothing you can do about it
respect OP hope you wont anhero

You only ever hear about people losing everything when they trade on margin
Knowing this, why the fuck would anybody do it

>>8573753
if you are dumb enough to put yourself into a position to get liquidated by gambling you deserve it

>>8573753
No, because I'm not a criminal. Or a gambler.

>op's head right now

>>8573753
He was a retard because of 2 important things.

1.) Invested his life savings and not just some money he can accept to lose.

2.) Went 100x with his life savings.


You could have just took the 45% loss and walked away OP and live your life with a lesson learned, but no you had to be a greedy asshole, enjoy now being in a worse situation then bitconnect retards that lost 95% of the money they had while you lost 100%.

>>8573753
YES, PLEASE, OP DONT AN HERO, I GOT A FAMILY TO FEED AHAHAHAHAHAHAAAHAHHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAAHAHAHAHAHAAA

Welcome back to wagecuck land OP

>>8573767
cuz people are fucking retarded and believe in magic meme lines, volume etc.. all that shit

protip: nothing fucking matters. Mr. whale don't give a fuck about your meme lines, if anything, you should do the opposite if what ur magic gay lines tell you

rip op you will be missed

gnite u were a true nigga

>>8573828
Pretty much this

While in forex you have whales the volume is just too big to control, crypto is made for whales to play with retards like OP.

Good one more broke weak handed cuck. Youll be crying in a couple of months

This is hilarious. Why would you ever publicize a strategy like this? Just so whales can deliberately fuck you over? Fucking brainlets on this board

I assume that the price now being $8213.50 means that OP is loading the rocks in his pockets and writing his note?

I love these threads. They always make me feel better about my own losses.

Dont be such fagets retards at least he got balls to risk it all.

>>8573846
What scares me more than whales is the fucking exchange operators can see all volume, account balances, hidden orders...everything. Just whip the market hard enough to shake out retards like OP whichever direction he picked.

Don't kill yourself OP.
You never know what life will bring next!

>>8573889
they are the main whales, amigo

>>8573885
YOLO is so 2014

it aint worth it op join the military or something hitchhike to south america
just say something
stupid internet meme money isn't worth it

>>8573889
Well this is why I don't trust crypto exchanges, they are easy to manipulate compared to forex.

It was already proven that the volume what we see is fake and gets later adjusted to the real.

Seriously if you aren't a whale don't gamble your money on this shit.

>>8568681
>He's been liquidated. Resume dump.

>>8573889
It's no coincidence seeing big positions magically get liquidated by a huge out of the blue dildo

>>8568681
If you lose, rekt.
If you win, you'll do it again until you're rekt.
Enjoy yourself.

probably fake and gay, no1 is that dumb..

What a loser

>>8568681
Son, I just came to check on your internet coin investent, how's it going?

>>8568681
Fuck it, Im done

Yes, yes you are

>>8573817
>2.) Went 100x with his life savings
I'm so thankful that there are are angel anon like these to teach us about good and bad in the world. Thank you angel anon to remind us about our life savings.

He went short just before the based Chinese swept in to save the market?

>>8573994
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAa

>>8573949
Yep, the green dildo was all the bears with 100x leverage getting liquidated and forced to buy.
Thanks OP, I was waiting for the bounce to get my shorts in.

OP where are you??
Did you cash out at 7860?

>>8573999
I just want you all to understand that OP got more rekt then bitconnect guys.

The bitconnect guys at least got some dividents and could sell later the coins for a 95% loss , OP literally lost everything he had the whole 100%.

If you are a bitconnect retard you have now the right to laugh at OP cause you made actually more money then him in the end.

>>8573649
>2,858,108 liquidated

No fucking way. Even at 100x leverage this is painful loss

>>8568681
Time to hang out with Sayori!

>>8574052

Went to McDonalds when he was up, thinking he ruled the world.

Will get home in a few minutes, and will begin to curse his chicken nuggets

>>8574070
kek

>>8574052
OP is dead >>8573649

>>8574070
Hahaha, he can go back there tomorrow but as an employee.

>>8574052
That pump came so hard and so fast I very much doubt he had the chance.

Serious question anons, how does someone pump the market like that? How can someone "manipulate" the market in this way?

>>8574058
his life savings was probably 320$

>>8574128
You press buy with a very large number next to it

>>8573469
Lol.

This shit is hilarious. He literally did the opposite of what that term means

>>8573649
Not seeing a 8020 on rekt probably just a larp.

>He sold
PUMP IT

>>8574128

you only need to market buy 100-200 btc to move it. whales have 10k+ btc

>>8574160
thats not how liquidation works

>>8574126
Hell yeah that pump was exceptional, it almost seems like a whale read this thread and decided to fuck with OPs life. Just for fun.

His name was Robert Paulson

>>8574128
Exchanges can do it trough a third party.

It would be very hard to prove it but its pretty easy to set up.

Bitmex has all the data of people and you could easy calculate when and who you should liquidate.Send the data to a third party that starts taking positions to fuck the idiots.


Crypto is still so small and leaves exchanges and very big whales to easy manipulate the market.

f
put me in the screencap

yeah especially Coinmarketcap.com is front-running all of us very hard

>>8574128
You can call manipulate buying fucking tons of it at the same time. Its just a big buy and its legal.

I came to post here and pay respect to OP, he got greedier while the bleeding was over. You taught us all a few lessons most of us already learned

Leverage is gambling.
Accepting a loss is better than losing it all.
Being greedy when you shouldn't will fuck you sometime.
But best lesson, dont invest any money you're not willing to use.

Good night OP, I hope you choose sleeping and wagecucking over killing yourself, biz thanks you for this thread.

F

This whole thread is better than any of the trash Hollywood has put out in the last 10 years. Thank you, OP. Hold the pickles on my Bic Mac, and for FUCK SAKES give me a smile and stop being so miserable.

what did he mean by this?

F

he's dead hahahaha he's not replyinggggggg

>>8574128
you take the dip of 16-7 and 14-9 (2017) you make a line and project that into 2018. But you dont project that linear like all you anon in tradingview but you adjust it to the current market. all the bots/FI do. You end up with that line you all see in tradingview but curved upwards. The bottom you see is the same bottom we see but on a different point on the Y axis

>>8568681
FOOL OF A TOOK!

I hope you were larping.

>>8574292
I mean what would you do?
He literally lost his whole life savings he had in 1 hour.Just imagine you lost all the money you saved for years in 1 hour.

Poof its gone.

hahahahahahah OP kys if you havent already. the best part is some anon whale prob saw this thread and just decided to financially rape this idiot for fun.

Im 100% sure someone with 10k+ BTC read this thread and fucked with OP because he thinks its funny.

>>8568681

>He sold?

>Pawmp it

Bogged so hard

>>8568681
J
U
S
T

>>8568681
HAHAHAHAHAHAAHAHAHH GET REKT OP.

>>8574292
>kill him, then find another

I cant believe it. The bogdded Video just happened IRL

my price is currently showing $8228

>>8574424
The boggs killed OP and transferred everything.

>>8568699

How’s it going OP? U dead?

SOMEONE MAKE A FUCKING SCREENCAP OF THIS THREAD! OMG OMG!

I’m fucking thrilled this is still up I was thinking about it the entire way home from work

Yee of little faith.

OP should've have opened a short up last night. Waited too long.

>>8568681
You're retarded

The quote is:

"BUY when there is blood on the streets, even if it is your own"

not "take risks"

fuking brainlet link holder

lmao

Looking foward to the movie

i fuckin love biz

>>8574511
100x Is just gambling and nothing more

>>8573467
It's "buy when there is blood on the streets, if it is your own"

Not "SHORT 100X ON BITMEX AT THE BOTTOM OF A DIP"

>>8574546
>short the dip

the new buy the high

bogged op.

https://m.youtube.com/watch?v=TRXdxiot5JM

>>8574558
Shit screenshot. Needs to show the massive green candlestick.

>>8574558
shit cap desu

>>8568681
LMAAAAAAAAAAAAAAAAAAAAAAAAAAAAAOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

ANOTHER ONE BITES THE DUST

>>8574196
I wouldn't put it past the people who browse here to be honest. Sounds exactly like something a rich Anon would do just for laughs.

Does getting liquidated on bitmex take all your balance or everyrhing you put into that one trade?

I once lost half my stack gambling in 2012, about 50 Bitcoin.

I almost chased my losses, but instead I went back to accumulating, now my stack is very valuable.

OP is the other kind of person

>>8574599
OKAY NOW SRSLY WHO THE FUCK ARE THESE PEOPLE

>>8568681
hopefully this will teach you to have some god damned patience and stay out of crypto

>>8573649
What do those numbers mean? Did someone seriously lose 2 million dollars?

>>8568681

>shorting when we're hitting a long term support

You deserve to be poor

>>8574558
OP official song
https://www.youtube.com/watch?v=HbXj2OGXFjI

>>8568681
>>8568804
>>8568917
>>8569261
>>8569658
>>8571633
>>8572706
just

fuck

>>8574613

Someone gimmie an answer

>>8574128
Crypto is all retail investors, its little fish like us with a couple grand in vs. giant squids that have tens of millions in BTC at the ready. Its very profitable and easy for entities like Bitfinex and Bitmex to liquidate as many positions as they can, thus this behavior. Maybe you take a 5%-10% loss on whatever you used to move the market but you gain all the liquidations.

OP are you there fren? are yuo ok?

>>8574686
Well OP went all in and got liquidated so he lost everything 100%

>>8574652
No, most likely not.
20k 100x - 2mill
200k 10x - 2mill
And so on, all depends on leverage used

>>8574686
the trade

dumbass your entire portfolio was crypto...you deserve to lose everything lol

GG OP

did OP get out in the profit in time or?

>>8574760
You forgot the

>NO RE

part

I think it's time we put some stripe under this and come to some conclusions for us all. After all this is BIZ and we supposed to learn/teach something here

-when the market goes down (big red dildo's) thou should not leverage more downwards (the down already append)
when you think of it it's actually quite logical. big red=damage done

-please add your lesson here

>>8569803
aaaaaaand youre homeless

>>8574789
- don't all-in short a dip 100x

Buy the tip
Sell the dip

>>8574829
NO THE LESSON IS NEVER EVER 100X.

You have a higher chance to win in a casino then to survive a 100x

Hey OP, long time no see, right this way if you please

Hakik from ebaums world sent me here. How is his investment in gigantic fist shaped buttplugs doing?

OP say something Im giving up on you

In that case why not just wait a couple of weeks then leverage short some bitcoin and make a thread like this saying that you're leveraged Long in order to get a "whale" to read the thread and short some coins in order to move the price enough to liquidate you but infact it would be good for you?

>>8568681
To be fair if OP took his 100x at 12:10 and sold the first green candle to be safe on the 5 minute he would have made about 85 x X then shorted the next HOD and he'd be up another 100.

wait so you can control 2mil worth with 20k and all you can lose is 20k but if you're right you're rich???? why the fuck doesn't everyone just use 100x leverage then if you can only lose your initial investment?

>>8574973

Captain Hindsight

>>8575054
Because 99% of the time you'll end up like OP

GET REKT KID

get rekt faggot OP

Damn i feel bad

today i bought where you should have closed (8860 or so) and sold on the spike that ended you

>>8574731
So someone could win $2 mil while risking only $20k?

>>8575054
try it

>>8568681
I dont wanna short no mo'
Sometimes I hear whales knockin at my front do'
Im living everday like a hustle another trade to juggle;
Another day another bubble

F

>>8575054
>>8575114
Yes this is a very good idea and will work for sure, do it!

hopefully you at least made it to REKT twitter

>>8574558
git gud

>>8572372
Newfag here, TA?

>>8575168
Nice and I made it into the screencap. You're part of history now OP.

>>8575114
You're on the hook for the full amount, even if it's more than you put in.

>>8575168
Nice sc. Biz history was written again

im the friggin op. now waiting for donations.


fudge me x5000

I think the best leverage profit/risk wise is x10.
Plenty of room for mistakes and sudden green/red dildo wont liquidate you.
When i traded at x10 i managed to make profit for a month. Then i got greedy and went x25 and got liquidated in a day by the short squeeze.
Opinions?

>>8575209
1/10 larp kys

>>8575168
brutal

>>8569104
looks like a normal person, I mean I dont look this good

I must be retarded or something but why would he get liquidated when it went up?

>>8575209
No you are not and you are not funny. Not even a bit. Kys

>>8574013
Its an abstract kind of AAAAAAAAAAAAAAAAAAAA

>>8575168
>tfw made it into the cap

>>8575211
i love nsene

>>8575242
The higher the leverage, the higher the negative bias.

>>8575242
He was in short brainlet... betting on the price falling

>>8575242
He shorted = bet on price will go down
And He did it with 100x leverage = liquidated if price will go up just a bit
Aaand he did it with all his savings = fucked and sadly probably khs

>>8574322
Wow dunno what Id do if I lost all of my 300 dollars

>>8575438
It was 28k $

>>8575168
Hahahahaha my sides fucking made it to the screencap.

>>8568681
>Fuck it, Im done.
>I sold my entire portfolio at a 45% loss

If you can't stand the heat, stay out of the kitchen.

I am sorry to hear about your liquidation Anon, i hope you are mature enough to have this harden you, and be a lesson.

Life gives second chances, you have a long way ahead of you, you'll make it eventually.

You, more then anyone else.

>>8572706
RIP

RIP OP.

Press D to dance on OP's grave.

>>8573560
Its almost like you shouldn't go on a public website and tell your liquidation price on a large position when you know margin hunters exist, particularly when its close.

Nocoiner from /g/ here, wtf happened in this thread and why is OP ded?

>>8575694
Fuck that, I have a forex 25x long on EURUSD with 1000+ pips
Come @ me whales

larp or not, this is the eventual outcome for all gambling degenerates.

>>8575710
He betted on the highest risk factor all his saving for bitcoin to go down. (x100 short). Suddenly a big fat green candle out of nowhere killed op

>>8575710
basically op put up his life savings as collateral to get a loan in bitcoin from the exchange market. someone 'shorting' bitcoin sells it right away, in anticipation the price will continue to go down. op hoped to buy back the bitcoin he had been lent at the lower price, which he would return to the exchange and keep the profit. the price went dramatically up within minutes, so the exchange took his collateral

anyone who knows more in depth how liquidation works please feel free to correct me

Would be absolutely hilarious if this guy 100x shorted the bottom before the beginning of a bull run.

I won't even hope it for the profits, just for the lulz.

>>8575806
That seems about right.

>>8575795
>>8575806
oh shit, thanks guys. Do we know how much he lost?

>>8575054
>>8575565
>>then
now the opposite will happen due to this peasant’s careless verbiage

>>8575848
this

i
i might just laugh myself to death if this happens

>>8568681
wouldn't expect anythign else from biz. that's what you get for being stupid and gambling blindly. might as well play at a casino, you dumb fuck lmao

>>8575872
$28k

>>8568681
you are supposed to buy when there is blood in the streets you FUCKING RETARD

This belongs in the hall of fame.

>>8576131

>>8576130

HOLY SHIT ++REQ

GUYS BUY REQ NOWWWWW

legendary thread

Epic read.
This is both the highpoint & the lowpoint of your life gambler anon.

>>8573562
You can see the exact moment OP killed himself

I am creating a group with the bunch of folks to buy multiple crypto research reports including palm beach report... Please fill if you are interested . ..
https://docs.google.com/forms/d/e/1FAIpQLSfrrTqZRCrL8RZ1td4d2Zv8lYcADGtDc2SEg0OBLwyBwb41dg/viewform

only the whales know where the price is going because they put it there

Can someone track down OP and make sure he's ok? I hope he didn't kill himself

>>8575126
stolen

The moral of this story? Be careful when you live by memes you might just become one...

Basically a) OP is kill or b) he posted the shit for the lulz and that was his green candle. Well played either way. Are you not entertained?

So who owns his savings now? The exchange?

God speed.
WAKANDA!

OP IS DEAD

>>8572055
nobody is going to send you dogecoins you dweeb... Tho I appreciate the effort. If only it worked that way we'd all have names with our wallets listed

>>8576631
hes in a better place

All you fags believing this no proof larp good job

damn hes gone

This is why /biz/ has been enlightened to bitmex, the weak hands are to be purged, fresh blood must be sacrificed. Judging by OPs lack of reappearance he must have not had a simple take profit stop in place. Ordinarily its impossible to lose once a position is that far into profit.

>>8568681
this is what you get for using sergey/joost pic edit

The thread will be closed soon, going to bed now, it was a pleasure to be part of a historymaking moment of biz again.
OP I hope you are okay. Money isnt everything and although your life seems like a broken piece of shit now, things will get better. And hey, you are a meme now. Its something.

>>8573719

Bitmex was the whale that bought there. They were going to lose $100k if OP closed out his trade for a win. But combined with other shorts, there was $1 million in short trades they were losing.
So they spent $1 million and bought BTC to drive the price up 3%. Wasn't hard since there wasn't much selling pressure left

since the exchanges are all connected through arbitrage, and many bots will buy on sudden spikes, he gets help from others.

There's no reason to margin trade. The game is stacked in every way against you, no matter how small an amount you're using.

>>8576833
Im out too. Going to bed, thinking about this madness we are in since couple of years. Gonna come back after waking up, hope to read from OP than

>>8576867
>>8576879
night sweeties

>>8576867
>100k
He never said how much he had

>>8576867
Of course it was, house always wins. I cannot comprehend someone making a bet like this an expecting it to be fair.

>>8576900
what a masculine digit ratio

>>8572451
Yep, looks just like him

BTC movements rn are making this thread and OP legendary.

Guys Look at the charts!!!!!! WHAT. THE. FUCK.

someone please post the chart and add it to the meme

>>8577224
>>8577394
This is just...i dont know..i cant believe whats happening right now, it feels amazing and devastating at the same time.

loool bitmex cashed out their BTC.
maybe a 10% loss max on their BTC buy, but made $1 million on liquidating noobs