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8930905 No.8930905 [Reply] [Original]

what stops me from getting myself the biggest loan I can get and x100 short on btc and become a multi millionaire?

theres a 50% chance for it to work, btc either goes down or it doesnt

>> No.8930929

>>8930905
the whales who notice your bigass short will pump the market to fuck you in the ass without lube. that's what's stopping you.

>> No.8931044

>>8930905
>its 50/50

No it isnt, we are currently moving sideways, if you are 100X long you get chopped up either way because your liquidation price is so close.

And if I had to choose I would go long.
I dont get people who short an asset that goes 20x in a year which just corrected 70%.

>> No.8931063

>>8931044
money has to go into crypto

>> No.8931076

>>8931044

it either goes up or it goes down

its 50% 50%

you either win the lottery or you dont, same thing. 50 50

>> No.8931159
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8931159

>>8931076
what if it goes up and down at the same time?

>> No.8931178

>>8931076
The chances of a fall dramatic soon enough to cover your interest vs it just barting forever or another green dildo is not “50/50”

>> No.8931189
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8931189

>>8931076
>there are people this dumb

>> No.8931215

>>8930905
anon if you do this please dont go over 5x leverage and use a stop loss

>> No.8931225

Do it pussy bitch

>> No.8931256

>>8931215
found the guy with a soul
ahahaha, you have a soul

>> No.8931319
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8931319

literally nothing is stopping you but yourself, anon
https://www.bitmex.com/register/YgC8kJ
bitmex is a fountain of wealth and joy and good times for us crypto fags, if you only place the right bets. hook up with a trading discord or something and get opinions of experienced people and then take positions on futures or perpetual. be aware that perpetual has funding fees every 8 hours (mouseover funding on the left pane to see more) and if you use market orders you will incur a fee, but if you use limit orders, you will get a fee (a rebate). you should stick to scaling in/laddering in limit orders instead of market ordering for this reason, but if you happen to get hit by a market order (market stops are almost a requirement if you want to sleep tight) then you will want to use the referral to get a small amount off of those dings.
good luck anon, i believe in you.

>> No.8931357

>>8931159
Not everything is your mom on dis dick, sir

>> No.8931410

>>8930905
Why are you trading when you don't even know basic probability? Kill yourself you waste of space.

>> No.8931447

>>8930905
Not being a total retard?

>> No.8931466

>>8930905
actually your chances are significantly diminished by using such high leverage.

>> No.8931507
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8931507

>>8930905
it might go up and the whole market crashes afterwards or you're in huge debt and the market crashes afterwards

>> No.8931508

>>8931076
or it goes sideways for years, retard

>> No.8931754
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8931754

>>8931508
so alts moon and you make 100m longing the cardano bubble?
what a shame

>> No.8931755

The banks are stopping you because none of them would give your dumb faggot ass a loan... with your shitty wagecuck salary and abysmal credit score. You probably can’t even open a credit card