[ 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: 20 KB, 865x487, 1518205637457.png [View same] [iqdb] [saucenao] [google]
9611809 No.9611809[DELETED]  [Reply] [Original]

Why are you missing out on these gains? BitMEX (the "mex" stands for Mercatile Exchange) is the only exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).Let me explain what this means. So lets say you were to have shorted
(placed a sell order) for BTC at $10000. Let's also say you only have .01 BTC to trade with, or $100 worth. With .01 BTC at x100 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8000, if you close your position you
then get that $2000 in profit paid to you in BTC, that's a 2000% profit. I would suggest you learn TA before you start trading. You can train using their testnet (free).
You want a moon mission? BitMEX is your moon mission. Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If
you're going to sign up use my reference code, using a reference code gives you a 10% discount in fees. May not sound like much but it's saved me hundred of dollars in the past weeks: https://www.bitmex.com/register/WfFyoc

- Interface is amazing with professional grade advanced order types
- Liquidity it offers is completely unmatched, it's the biggest exchange volume wise: https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/
- BTC deposits take less than 10 minutes: just 1 confirmation from the network needed
- Never down, doesn't matter the load, no shady flash crashes caused by website being down like Poloniex does

I'm not trying to scam you or get you to lose all your money. START WITH LOW LEVERAGE OR 1X LEVERAGE. 100X may be tempting but all you have to do is read stories on here of people losing everything when they go full retard. Also I will be around to answer any questions you may have and would love to talk to others about trading strategies. Happy trading anons!

>> No.9611835

fuck off OP. enough noobs have lost money gambling against bots, and pro traders at bitmex. the nigger that runs that exchange does not need anymore of biz money.

>> No.9611856

don't margin trade unless you really know wtf you're doing

>>9611835
this

>> No.9611862

I don't trust my moneys with goddamn mexicans

>> No.9611871
File: 1.03 MB, 600x450, arthur.png [View same] [iqdb] [saucenao] [google]
9611871

nice just liquidated 100k

>> No.9611873
File: 1.67 MB, 1082x1340, 17D87F55-2AF0-4DF2-9150-6D33C49DC187.png [View same] [iqdb] [saucenao] [google]
9611873

>>9611809

>> No.9611880

>>9611809
fucking saged

>> No.9611889
File: 2 KB, 125x117, 1505384497703s.jpg [View same] [iqdb] [saucenao] [google]
9611889

>>9611809

ill pass on getting instantly justed by bots thanks

>> No.9611894

>opens x100 trade
>gets insta liquidated

>> No.9611896

>>9611809
Anon, if you end up registering help a nigga out and use this link instead:

https://www.bitmex.com/register/ij47o5

>> No.9611904

just started and got liquidated a couple times. think im getting the hang of it, doing much better now.

>> No.9612034

>>9611904
care to share some tips?

>> No.9612876
File: 199 KB, 1000x847, 1523205229783.jpg [View same] [iqdb] [saucenao] [google]
9612876

>>9611809
>Why are you missing out on these gains

>> No.9612891

>>9612034
Got liquidated too, set a stop loss before the liqu price you lose less somewhat, it has to do with them taking your position before the liqu price or something. Also dont sell at market price, theres more fees and lots of slippage. Also know that you can only have one btc position opened at all time so if you mess with the buttons like leverage on the side you are actually changing your opened position(learned this the hard way)

>> No.9612906

>>9611809
>the "mex" stands for....
and I thought it stood for Mexican.
fuck have I been missing out.
thx OP

>> No.9612930

>>9612891
and just like that, a retard was discovered

>> No.9612937

>>9612906
it stands for mexico too, 'cause it's a bit like mexico.
you can get robbed very easily, when not knowing what you're doing

>> No.9613001

>>9611862
He edited the post to clarify what mex means

>> No.9613097

>>9613001
except he copied and pasted the same text he's been posting all year. jesus fucking christ /biz/ is somehow even more retarded than last year.
gg

>> No.9613483

>>9613097
Sorry if I offended you. I only come here for trading advice. Do you know what I should buy?

>> No.9613898

>>9613483
bitconnect. it's gonna pump hard when BTC starts reversing.
also tether. big news/partnerships in the coming weeks

>> No.9614249

>>9613483
LINK, you can also get some airdropped if you post memes in their telegram

>> No.9614282

Used to be able to trade with Tor Browser because I'm in USA. Last I checked this didn't work anymore. Is there another workaround these days?

>> No.9614385

>>9614282
VPN?
are they still allowed in burgerville?

>> No.9614434

I FUCKING LOVE BITMEX
Bitmex shows you what kind of person you really are, you feel like you don't know yourself? Go on Bitmex, trust me, you'll know what you're really made of in a couple hours.

Just like OP said, start slow, don't fucking copy other people's trades, learn some TA, make your own plan, and follow it. I'm a poorfag, I deposited 0.01 btc into mex a month ago, I'm sitting at a comfy 0.2 btc right now. Bitmex is literally my hope for a better future.

>> No.9614467

>>9614434
shows me that you are a poor fag.
gg tho anon.
just try not to get liquidated when you throw 50k into it a bit later

>> No.9614481

>>9614434
Follow these rules and you'll do well:
1- DON'T PANIC/REVENGE TRADE.
2- Set your orders and let them hit, you should be always doing this since you're following your trading plan.
3- If things don't go according to your plan, learn to adjust. Don't be stubborn, and this is why you always use a stop loss, yeah you might wanna pull that stop-loss as it's about to get hit, don't fucking do that, stick to your plan.
4- NEVER LET A WINNING POSITION TURN INTO A LOSING POSITION. Always lock in profits (setting a stop in profit), especially before going to bed.
5- Use these rules anon and you shall not lose.

>> No.9614498

>>9614467
I never have and never will get liquidated, I don't over-leverage, I set stop-losses before I get into positions. Literally impossible for me get liquidated. Yeah I'm a poor fag now, but slowly and steady and will get out of it. I turned my 0.01 to 0.2, my 0.2 will become 4, my 4 will become 20. I don't care how long it takes, let it be a year or two or three. I'm always gonna take it slow and steady and keep winning.

>> No.9614515

Do burgers need to use a VPN every time they use Bitmex or just when they’re registering?

>> No.9614568

>>9614498
you're gonna make it anon.

>>9614515
only when registering, unless they changed something.

>> No.9614617

>>9614498
teach me your ways

>> No.9614630

>>9614617
>>9614481

>> No.9614666

i'm high as fuk on acid right now am about to gamble my 10k on bitmex.

>> No.9614674

If you're US and you actually make profit, what are you going to declare on your taxes?

>> No.9614679

>>9614666
Do NOT fucking do that man, havent you heard about the bitmex-demons?

The 10k-Gamble-Alien-Fleet?
Man you dont want to be tripping like that

>> No.9614689

>>9614666
Good plan, you little devil

>> No.9614706

>>9614674
taxes? lol

>> No.9614719

>>9614617
some of this isn't bad
https://medium.com/@CarpeNoctom/toshimokus-trading-tips-tricks-f0ff5cc38cc8

>> No.9614723

>>9614481

Yeah, let's talk about stops.

> Set comfy stoploss
> Sleep
> Stoploss gets hit by random spike
> Coin goes to the moon, leaving you behind

>> No.9614738

>>9614666
Open 1.5 x long nothing to lose

>> No.9614743

>>9614723
Yes, that used to happen to me when I first started, With experience you learn how to avoid that happening to you all the time. protip: Spikes usually target liquidating trades leveraged at 8.2x from the most common entry. Use VPVR to find out that most common entry.

>> No.9614754

Also op you forgot to mention that one should never sell market

>> No.9614764

>>9614754
I mean sell/buy. limit/stop market is the way to go

>> No.9614786

>>9614723
trailing stops so your profitable trade isn't underwater when you wake up.
but yeah that flash crash to 11 cents on Ethereum last year rekt people tho. stopped using stops altogether after that.
Just trading BTC there isn't *that* much of a risk

>> No.9614833

>>9614764
right.
Stop market is more reliable than stop limit.
the time you want a bargain is when you are getting in.

>> No.9614871

>>9614786
>>9614743

Outside crypto exchanges there are also advanced order types with stop conditions like double hit. But I reckon it's a matter of time the stop hunters adapt to such defenses with strategies like inverted Barts.

>> No.9614942

>>9614871
Bitcoin should rebrand to Bart Factory.
bart bots are becoming fucking gay.
I'm waiting for that 2k left side bart that's going to rek everyone.

>> No.9614959

>>9614498
Please aware me on how to set stop losses, is it under "Stop market"?? And whats a trailing stop? Pls anon, im too lazy to read long ass text.

>> No.9615056

>>9614959
dyor faggot, I've already shared enough info

>> No.9615093
File: 1.75 MB, 1280x720, Sayori_After_Story_2018-04-10_14-06-22.png [View same] [iqdb] [saucenao] [google]
9615093

>>9611809
Great way to hang out with Sayori

>> No.9615120

>MEX
no thanks