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14955898 No.14955898 [Reply] [Original]

Fact: Altcoins are dead ever since margin trading became popular

Fact: There's no point of buying or holding alts anymore since you can margin trade BTC to increase your BTC stack, which was the whole point of alts

Fact: BTC dominance will see 75% this year

Fact: If you hold anything other than BTC, you will not make it.

>> No.14955903

>>14955898
Thanks for the help frog poster

>> No.14955934

>facts as opinions
Yikes

>> No.14955942

>>14955903
you're welcome

>>14955934
>altcoin bagholder

yikes

>> No.14956029

>>14955898
Altcoins did not die, they simply became tokens. Altcoins of the past were bitcoin/litecoin forks.

>> No.14956048

>>14955898
I got a couple alt bags, but everyone is beginning to catch on to margin trading BTC. You can also leverage trade a few other coins depending on the exchange, with up to 100x leverage. More coins will eventually be margin traded I believe. Less than 20% of traders will be doing the route, with around 70% losing all their money from lack of knowledge/skill/greed. 76% of margin traders lost all their money on etoro

>> No.14956077

>>14956048
I can't wait to see mass suicide by EOY when unexperienced crypto traders lose all their money gambling leverage on altcoins

>> No.14956087

>>14956048
Margin trading after x5 is literally gambling, especially in crypto and especially with fucking alts

>> No.14956096

>>14956087
using 2x leverage on alts can already kill you overnight

>> No.14956138

>>14955898
But alts are waaaaay easier to trade than BTC...

>> No.14956150

>>14955898
This is just for the large investors though..
Nearly all of us regular normies will lose margin trading as we can't beat the market often enough to be profitable. Alts will make a return if cases of adoption can be proven although it's years away.

>> No.14956165

>>14955898
based and dominancepilled

>> No.14956185
File: 61 KB, 1116x840, Screenshot_2019-07-24 BTC D ▼ 67 03 −1% Unnamed.png [View same] [iqdb] [saucenao] [google]
14956185

Remember to follow the herd and declare altcoins dead a month before you FOMO into the top of them.

>> No.14956200
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14956200

>>14955898
Asuka prophecy is right but what was not mentioned was what will happen to bitcoin in August before bullrun in September.

It will dip down to 2.5k

Strong hands will survive.

>> No.14956205

>>14956087
not too long ago 10x was "safe", now 5x is the new "safe", kek

>> No.14956221

>>14955898
>he doesn't know
fact

>> No.14956222 [DELETED] 

>>14955898

There is on Fact that you seem to know little about.

>> No.14956224

>>14956200
mongoloid

>> No.14956266
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14956266

>>14956205
It's not until they get liquidated through a GIANT Arthur scam wick, where the system overloads and your stops are ignored that they realise there's no "safe" amount on leverage

>> No.14956290

>>14956224
>he thinks he will make it
Sorry, you won't. Back to wagecucking.

>> No.14956339

>>14955898
What you're completely forgetting is volatility.

When Bitcoin goes up alts tank.

Bitcoin volatility and volume dries up for w hile....then what? Everyone just sits on their hands and promises not to pump rock bottom alts with a paper thin sell book?

>> No.14956371

>>14956339
There will be pumps here and there of course but nothing like the alt bullrun back in 2017. dumb money has learned it's lesson

>> No.14956454

>>14956371
So..business as usual then.

>> No.14956500

Yeah that's really stopping people from investing in the stock market. They can just get rich margin trading usd or pesos.

>> No.14956559

>>14956077
unironically happened to me, not the suicided part, but the money loss gambling leverage on Bitmax.

>> No.14956618

>>14956371
christ dude, 2017 coins were popping of 2-3x in a day. 5x in a week. just cause we won't see that again doesn't mean alts are worth trading. pulling 2-3x gains on an alt in a month is still a good trade.

>> No.14956662

>>14955898
Whats margin trade?

>> No.14956666

>>14956096
Whats the fucking point in leveraging x2 ?

>> No.14957010

>>14956666
ok, brainlet post i see
>quads wasted

>> No.14957146

OP is a retard.

There are only 2 alts that everyone should be holding: VIDT and FTM.

>> No.14957213 [DELETED] 
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14957213

<----------

https://www.youtube.com/watch?v=nM__lPTWThU

>> No.14957218

>>14956048
so who is taking that other 24%? the whales?

>> No.14957228

>>14956666
as of alts it makes a massive difference
for example TRX went down 20% yesterday
if you were 2x short you would make 40% profit overnight

>> No.14957585

>>14956077
Me too, it will be funny

>>14957218
A good portion, yes. There are very rich people margin trading. Imagine having enough money to really move the market. Now imagine knowing it's about at the resistance level on the bottom of a coin. Margin trade 50x with 1mi. It's like a 50mil dollar buy was just made. It would drive the price up and people would buy on top. 10% increase makes you 10 million and you started with 1 mil. There are people doing big time trades using margin trading. But most are people using under 2k and losing it all.

>> No.14957861 [DELETED] 

>>14957585

You're funny. People would notice.
I can't just throw 20 million at something, and sell two days after. I mean, sure, could be done, but people would see the movements and do research on where this came from.

>> No.14958849

>>14957861
I use to think the same, and yes, it is kind of funny because it actually is that easy for them. It is done, and has been done. People do research yes, many dont. Even doing research, it would be hard to tell. You cant get 20 million shares at market value, the price goes up. But you would continue buying market value as the price goes up. Artificially pumping it, this happens everyday. When you can tell you are at the bottom of the shorters, you can really kill the holders. The people holding and buying essentially keep the price up enough for you to make money with that many shares or coins being sold. With leverage it's even more profitable if you can time trades and watch the volume

>> No.14959535 [DELETED] 

>>14958849

I guess I am too scared and honestly put, too safe for trying it.

>> No.14959558

>don't have the slightest idea how to margin trade
>Amerifat anyway

Stuck in alts I guess.

>> No.14960060

>>14959535
Its risky, but profitable. But when btc starts steadily going up again. If you have enough money, you can beat the spread and make it out a champ. You are more likely too lose. But if you are better than 76% of traders, you will make it.

>> No.14960115 [DELETED] 

>>14960060


You just said it yourself: it's a gamble. Why gamble if you are safe?

>> No.14960402

what exchange lets me trade with 100x leverage? i'm new. (american)

>> No.14960437
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14960437

Fact: If you're doing anything other than shorting BTC 25x right now, you're losing money.

We are going to 1k. The tether ponzi is over.

>> No.14960649

>>14957585
Painful to read, that's not how margin trading works little guy

>> No.14960741 [DELETED] 

>>14960437


I don't think you quite realize how fucking deep etc will actually go. It will suddenly be NOTHING. And people that bought between 5 and 10k will be asking themselves how the fuck and what happened

>> No.14960757 [DELETED] 

>>14960741

*btc sorry

>> No.14960819 [DELETED] 

I also told you this last week in a thread. Bitcoin... the future.. don't tell me about halfenings, and what once was....

>> No.14960830 [DELETED] 

Let alone 'prophecies' ... and these people dare call me a retard