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File: 44 KB, 696x449, bitmex.jpg [View same] [iqdb] [saucenao] [google]
8596706 No.8596706 [Reply] [Original]

>from 1.54 btc to 0.0058 in 3 weeks
this site has ruined me

>> No.8596753

should have tried the demo first, and put stop losses

>> No.8596761

Short x100

>> No.8596791

someone post the justing that happened yesterday

>> No.8596800
File: 53 KB, 403x448, 1520252599428.png [View same] [iqdb] [saucenao] [google]
8596800

>>8596706
I went from 0.06 to 0.23 down to 0.02, learned my lesson and now am steadily making my money back currently at 0.07

>> No.8597038
File: 21 KB, 220x272, 220px-Dick_Twardzik.jpg [View same] [iqdb] [saucenao] [google]
8597038

what is the pros and cons of using leverage???

why do the major TA youtubers not use it?

>> No.8597087

The only sure winner when gambling is the house.

>> No.8597102

>>8596706
thank you for your support.

>> No.8597106

>>8596706
I transferred $100 USD 3 separate times and lost it all. Fuck that fucking website that was a few months ago, I've never gone back since.

>> No.8597208

>>8597087
not really, there is someone long and someone short for every contract on bitmex... if you lost, someone else won. mex just got a fee.

>> No.8597528

>>8596706
same here m8

>start with 0.1
>3 trades at 25x margin
>0.5 btc
>long 50x when btc is 7400
>it fucking drops to 7300, liquidates me, and goes to 8.8k
there is no pepe to accurately describe how i felt

>> No.8597710

>>8596706
>trades without TA
>doesn't use stop losses

stay poor retard.

>> No.8597766

>>8597208
what if a long liquidation is at 8k but they manage to sell at 8050

>> No.8598379

>>8596791
lol, you mean the liquidation at like 8020, all in, 100x?

>> No.8598407

>>8597528
I think a brainlet is more suitable for your post

>> No.8598445

I started here few weeks ago. Got JUSTED but learnt from it. Trying to make trades on longer timeframes now. I use 25x. I need to take profits and not be greedy too

>> No.8599001

>>8597766
it goes in the insurance fund.
if you get liquidated, they pay for the fee, and if they can't manage to sell it above 8k they pay for that with the insurance fund.

>> No.8599100

>>8596706
BITMEX, not even once.

How the fuck did mexcicans produce such as nice bitcoin exchange?

>> No.8599111

>>8599100
>nice bitcoin exchange
shit locks up the any time there's noticable price activity, what are you talking about?

>> No.8599147
File: 123 KB, 577x559, IMG_2583.jpg [View same] [iqdb] [saucenao] [google]
8599147

>>8599100
>Bitmexico
>nice

>> No.8599162

>>8597038
PROS: More profit
CONS: More losses

>> No.8599270

>>8596706
only go to max 10x leverage dum dum

>> No.8599299
File: 991 KB, 1695x2544, 1521240197195.jpg [View same] [iqdb] [saucenao] [google]
8599299

>>8599162
ehh wouldnt that be the same as just depositing more money into your account?

the trading fees are always higher for margin trading right?

>> No.8599322
File: 1.30 MB, 518x500, 1444450109426.gif [View same] [iqdb] [saucenao] [google]
8599322

>people here actually go all in on trades

>> No.8599434

AHAHAHAHAHAHAHAHAHAHAHAHA

I FUCKING TOLD YOU FAGGOTS


HAHAHAHAHAHAHHA I TRIED TO WARN YOU

HAHHAHAHAHAHAHHHAHHHA

>> No.8599445

AND WHAT DID YOU SAY?!

>HURR DURR YOURE JUST PISSED YOU LOST DUDE HA! IM A PRO! I WATCHED AN HOUR YT VIDEO ON TECHNICAL ANAYLSIS

AHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHHAAHHAAHHAHAHAHAAHAHAHAHAHAHA

I TRIED TO HELP YOU
NOW YOU FEEL LIKE FILTHY GAMBLERS DON'T YOU?

>> No.8599468

>>8599434
>>8599445
so how much did you lose?

>> No.8599497

>>8599468
I'VE NEVER TRADED ON BITMEX IN THE FIRST PLACE

COMPLETE BUCKETSHOP BASED ON SOME ISLAND CHAIN IN THE MIDDLE OF NOWHERE

THEY SELL YOUR LIQUIDATION PRICE BECAUSE DUH, ITS LEGAL AND UNREGULATED, WHY WOULDN'T THEY?

>MUH 100X
LMAO HAVE FUN RETARD

>> No.8599506
File: 43 KB, 400x438, 1494648824384.jpg [View same] [iqdb] [saucenao] [google]
8599506

>market finally starts recovering
>/biz/ still losing money

>> No.8599531

>>8596706
How? No stops? High leverage? Over trading? Chasing losses? Revenge trading?

>> No.8599544

>>8597528
you're fault for going all in at x50 that's dumb as fuck and pure gambling

>> No.8599558

>>8599497
there is absolutely nothing wrong with trading with 3-5x leverage. the problem is these degenerate gamblers go all in 100x cross with no stop loss.

>> No.8599571

>>8596706
I tried leverage trading the other day, lost some money and decided to bail, I've already lost enough money in last 7 months and cant afford to take any risk.

>> No.8599599

>>8599558
>THERE IS ABSOLUTELY NOTHING WRONG TRADING ON A SITE BASED ON AN INDIAN OCEAN ISLAND CHAIN THAT SELLS YOUR INFO TO WHOEVER HAS THE CASH AND LEGALLY SO ON A PLATFORM THAT CRASHES OFTEN AND HAS AN ALMOST RANDOM SPREAD BETWEEN PRICES WITH NO CULPABILITY IN A MARKET THAT IS ENTIRELY UNREGULATED

OK BRO, YOU'RE THE PRO TRADER WITH 30 YEARS AND PHD RIGHT?

>> No.8599611

>>8599599
If you're using 3-5x it doesn't matter if they see your liquidation price, they don't have the capital to move it that far you mongoloid

>> No.8599627

>>8599611
IF YOU'RE IN THE US YOU'RE FUCKED BTW

>> No.8599670

>>8599599
>buy 10BTC market
>take 25x margin short position with 2,000
>whales pump btc 4%
>dump btc on whales
>profit
>repeat

>> No.8599673

>>8599627
I'm not. Why does this make you so angry? I've seen you in other threads too.

>> No.8599685

>>8599673
I'm not. I want to help fellow bizretards and stop them losing their money. That is it.

>> No.8599687

>>8599611
this

stupid cucks using 50x+ no stop loss lmao

>> No.8600347

I shorted on kraken with x5 leverage and they took 14€ on fees for 12 hours. They use as a base to calculate trading fees the total amount not the margin amount. So very high leverage is useless because (0.09% x5 or x100) is an insanely high fee

>> No.8601279

>>8599506
>he thinks this is recovering

>> No.8601297

>>8599497
>THEY SELL YOUR LIQUIDATION PRICE
any actual proof of this or are you just pulling conjecture out of your ass?

>> No.8601332
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8601332

>> No.8601333
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8601333

>>8596706
>Hello anon, why dont you come down here.
>We have all the leverages you will ever need

>> No.8601343

>>8601333
lmao
bitmex is really bad if you dont have self control you can lose all in hope of recovering your losses

>> No.8601352

>>8597038
Pros: You can make more money

Cons: No such thing as bagholding if you fuck up, your money is just gone

Doing the Bartman

>> No.8601497

>>8601332
Jesus christ I saw that thread but wasn't paying attention to what BTC was doing at the time. Kudo to whoever made this pic. A la bizonacci:
>push it sideways
>now pahmp eet

>> No.8601587
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8601587

>>8599599
You fucking rekt that retard. Honestly the only people pro-bitmex/shorting/longing are either actual retards with sub 90 IQ who think they can get lucky or do TA and miraculously make bank, or paid shills.

The actual users (complete fucking retards) don't understand that since BITMEX knows everybody's positions all they need is to be in contact with some whales and they make millions that way. Why bother sitting on fees when you can take the whole stack off of idiots with no filter in their heads