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15733962 No.15733962 [Reply] [Original]

genuine question. I will start soon once I feel btc has bottomed out and will long

Why even hodl btc long term?
Say you 100x leverage btc at 8k. Lets just say that if you long and it goes to say 7980, you get liquidated (just a made up number for an example), but from what I understand, the liquidation price is an unchangeable value (correct me if wrong).

In other words, its not based on the percent change, but on the price itself so if you know btc will pump hard, you wont ever be at risk of liquidation. Plus you can make a stop order to prevent you reaching the liquidation price.

So with the right precautions and buying at the right time, it doesn't seem you will ever be at risk of being liquidized.

Also, every 2% gain when longing on 100x leverage = a x2. Your 1k became 2k. Your 5k became 10k. etc.

This is a GENUINE question. If you dont know about margin trading, dont comment

>> No.15733988

>>15733962
It's not as easy as it looks to trade. To survive and thrive, you need to understand that it's a game of risk management. If you have to figure out how much you're going to allow yourself to lose before every trade and stick to it once in the trade. Everyone thinks about how much they can make, but the flip side of how much they can lose is even more important.

>> No.15733997

>>15733988
>If you
Get rid of the "If". I forgot to delete it before posting.

>> No.15734091

You good at chess?
Cause I wouldn't get into margin trading unless you can whip through five or six matches without any obvious blunders.

>> No.15734148

>>15734091
take your own advice I guess. Literally what is the issue with margin trading high leverage as long as you dont touch the liquidation price (which from what I understand does not change from the moment you open the position).

>> No.15734181

>>15733962
>130+ iq but 5'9.3
it's an abstract kind of feel

>> No.15734185

>>15734148
>take your own advice I guess
LOL. Dude I couldn't give less of a fuck if you shit the bed. You're less than nothing to me. It's your money, your gamble to make.
I'm saying that it's a bet on yourself more than anything.

>> No.15734191

>>15734185
Then why fucking comment, brainlet?

>> No.15734193

>>15733962
You seem to get it. More about risk/reward setups than probability. The only danger really is faggot liquidation bots

>> No.15734194

>>15734185
Well anyways, I see you dont like taking risks. Okay, dont margin trade then. The point of my thread was for someone to point out what makes 100x leverage stupid and to address my points

>> No.15734199
File: 217 KB, 1125x1411, 123.jpg [View same] [iqdb] [saucenao] [google]
15734199

>>15734148
you suffer a major drawdown
refer to the chart as presented

>> No.15734202

>>15734194
also, reasoning for this is to make sure im not missing something

>> No.15734253 [DELETED] 

>>15734199
Left percents basically means if you guess wrong (you long when you should have shorted) and then sell, you need to gain for instance 5.3% back on a next trade?

So that chart is only relevant if you make a wrong call then.

>> No.15734267

>>15734199
Left percents basically means if you guess wrong (you long when you should have shorted and visa versa) and then sell, you need to gain for instance 5.3% back on a next trade if you had lose 5% on the previous trade?

So that chart is only relevant if you make a wrong call then.

>> No.15734268

>>15734253
I don’t even know how margin trading works on a basic level, can someone give me a quick bogdown?

>> No.15734314

>>15734267
holy shit
lmao, you're a brainlet
if it's easy getting a 100% strike rate
go fucking be my guest on bitmex

>> No.15734326
File: 745 KB, 1242x2208, 99902C0B-61C5-4442-9AB0-E8B905DFCC7B.png [View same] [iqdb] [saucenao] [google]
15734326

>>15734268
im no expert, but on a basic level, there are some exchanges that let you use burrowed money.

If you use a random amount of money (like 5k) and say you do a 25x leverage, they let you use 20k meaning with your 5k, its like pretending you are using 25k of your own money.

So say you long and a crypto goes up 5%, thats 5% of 25k that you gained so 1250 (minus fees). From what I understand (I mean theres a formula you can use), the lower the leverage, the more leeway you have.
From what I understand, the liquidation price will never change. I could be wrong about that but havent seen anything saying the contrary

>> No.15734336

>>15734314
how am I a brainlet? Actually correct what I said if it's inaccurate or kys.

>> No.15734366

>>15733962
leveraged gain also has leveraged losses
>if you know btc will pump hard
harder than it sounds, if youre doing 100x, its more or less gambling with intelligent guesses. even your TA is flawless, a big whale market buy or sell can easily liquidate you. stop losses dont work sometimes thanks to arthur.
dont do it long term, its impossible to 100% predict the market. only margin trade when it is almost certain, like during the 3k rally, strong indicator that btc bottomed during the year long bear market and would likely pump.
wasnt a good idea to margin trade from june till now

>> No.15734470

>>15734314
>if it's easy getting a 100% strike rate
>99wcgUk1
>99______1
>99+1
>100
>100% strike rate
teach me your investment strategies anon since OP won't listen

>> No.15734788

>>15733962
You need to note that the BTC market is currently set up to liquidate 100xers constantly. They are already inside the head of novice traders like you and they move the price right to those pockets of liquidity. This is a stop hunting market,like they all are. And do note that stops get skipped with BTC...

Please please please don't try to fool yourself into thinking there is a safe way to 100x long. Unless you have HUGE capital and your 100x position is large enough it will move the market and out you into instant profit then you're gambling. And even then, market makers will just put a huge bullseye on you and take your ass to town. And stops get skipped all the time in this market, and when you put on a 100x position, you're paying fees on the position size, NOT the principle. The fees are huge, and to set stops and keep re-entering hoping to catch a big pump is likely to chop up your account unless you know what you're doing.

The point of this predatory market is to manage risk.and swim with the big fishes. That isn't to say a 100x can't work and doesn't have it's place for experienced traders, but that place is very small and 99% of people shouldn't and can't manage it. Nor do they need to. You don't need to expose yourself to risk like that to make money.

>> No.15734883

>>15734148
Not exactly true, since if you're on perpetual, you keep paying that fee to keep a position open, unless you keep feeding in margin.

Atleast try it with a tiny amount of you're deadset to try it. Just, keep in mind there's mountains of destroyed anons from biz. Many more boom and busters, and considering you're not like other biz anons who seem to have undue assumptions about their own intellect, you may do well.even if you start off winning and hopefully your first significant loss won't be too big.

Everyone loses eventually, but if you start off cocky, chances are your first loss will take back everything you won and then some. It's almost like you can't prepare people for that and warm them, they have to experience it themselves before they understand. First thing you need to drill into your mind is you CANT predict what will happen. You need risk management. Big positions and/or high leverage is the opposite of that.

>> No.15734906

>>15733962
you gonna get rekt

>> No.15735002

>>15734906
>I dont know what i'm saying, but listen to me!
>i'm too scared to margin trade so no one should do it!
shut up

>> No.15735025

>>15735002
Only one way to find out OP. Put your nuts on the table and see where the mallet drops. Talking to biz jokers is procrasturbation. Are you scared or something?

>> No.15735039

>>15735025
yes tb.h. Mostly because the concept of making actual money outside of working is foreign to me and it just feels weird that it's possible to make gigantic gains in a short amount of time while it would take various months to make the same amount with a job.

Anyways, I am waiting to see where btc bottoms out, then I will long. Or fuck it. I might throw in a couple usd and short it just to see it for my very eyes

>> No.15735065

>>15733962
High risk, high reward. If you think that you can predict the market every single time then be why don't do it? That's a big if but hey, I sure you will make it buddy. Why risk management if you just risk everything anyway lol

>> No.15735081

>>15735039
Sounds like a plan. Throw in a few weeks worth of discretionary funds and give it a shot. Don't expect anyone to be able to give you an explanation that will satisfy your curiosity.

>> No.15735091

>>15735039
Even with a stop loss, at 100x you will lose most of your money, you can only drop 1% to be liquidated which means at -0.5% you lose half your money

50x is the most I would go

>> No.15735128

>>15735091
>you can only drop 1% to be liquidated which means at -0.5% you lose half your money
I was wondering about that.. but say you can only lose 1% or get liquidated, thats only from the initial point in which you bought it at, right?
Like if you go up 20% and then down 5% (so say now youre at 15% up), as long as it doesnt hit "-1%" (or whatever the liquidation price would be at) from the point that you bought it at, you wont actually lose money then, right?

>> No.15735167

>>15735128
Yeah you’re right.

>> No.15735254

>>15735002
You know nothing about BTC do you?
1% is nothing, the nigger will liquidate your dumb ass

>> No.15735564

>>15735254
you dont even understand what youre blabbing about, do you?

Also, read this, brainlet >>15735128
>>15735167

You obviously dont know what the shit youre talking about but are trying to act like an authority kek. Shut the fuck up, retard

>> No.15735577

>>15735254
its sad when a person that doesnt know jackshit about margin trading (or whatever topic) pretends they do just to get an insult in. God damn, you are pathetic as FUCK

>> No.15735672

>>15733962
The thing is someone is selling your leverage bitcoins.

Let's say you buy 1 btc with leverage 100 at 8000 and have a liquidation at 7980. Let's say price drops on your exchange to 7980 but theres only being sold 1 btc at this point, you still need to fill the other 99 btc
. and if they let's say get filled at an avg price of 7900, you not only lost your initial investment but now owe 4 times as much to broker. It gets filled at 7500, you owe 4+5*4=24 times your initial investment.

>> No.15735710

>>15735577
Yeah well, how about I just knock you flat on you're ass you troll, that sound any better to you? Just name the time and the place and I'll be there.

>> No.15735716

>>15735577
Dude I've traded for way longer than you and this thread shows you have no idea what you're doing and you want to do the hardest most stupid thing possible, you have not fucking chance. Go get liquidated bitch. Don't forget to make a thread when you're ruined.

>> No.15735724

>>15735710
bell gardens CA 90201. Prob will get banned if I post my address

>> No.15735739

>>15735672
?? I thought the most you could lose was what you threw in.

>>15735716
doubt. probably a neet. I also obviously was asking to learn more, I never claimed to be an expert, dumbass bitch.
Also plan on throwing a little before throwing a thousand or more so I can get a feel for it, motherfucker.

>> No.15735745

>>15735672
also, how can someone be selling the btc you are leveraging? I never heard of that. Link to an article?

>> No.15735757

>>15735716
>>15735710
>>15735254
are you samefagging, dumbass? Jesus fuck, that truly is sad.

>> No.15735774

As someone who margintrades successfully for 3y heres good rulle of the thumb

>100x margin topic=walk away its bunch of math impaired retards

SIGH...
>>15735128

ITS NOT FUCKING MONEY its about realised and unrealised gains

Your whole fucking dumbass theory is you survive first 1% movement up or down wich is fuckin 15-30sec candle and you cant have any controll over that shit even during biggest bull or bear market world had ever seen, theres 0 ways to pick good above 50% winate entery point like fucking ever so its just degen gambling.

Superexperianced traders do 5-10x
Megadegen gamblers do 20-25x

And you discuss math behind 100x??????????

Also:
>what are fees?
>what is rish menagment
>how do iI predict coinflip?
>how I get idea ill get good advice on biz about something that destryos 99% traders


How fucking hard is to grasp this?
Just step outside of your fucking peak dunning kruger level of delusion and try it see how it goes

>> No.15735776

Look at the fees on Bitmex. If you go long 100x, the fee is like 17.5% I think. So for you to break even, the price has to go up a bit in the first place, which means if you keep stop lossing, the fees will start eating your money. Of course I can't remember exactly how the fees were, there was some maker/taker fee structure and then you multiply it by your leverage. I used to just fool around with $300 shorting/longing when bitcoin was barting the same way for like 10 times. Got $200 profit eventually.

>> No.15735783
File: 621 KB, 1242x2208, 4B13C8AF-8DE8-4154-952F-4A1D9C988C94.png [View same] [iqdb] [saucenao] [google]
15735783

>>15735672
the most you can lose is what you threw in and I know that for a fact so il that is completely inaccurate.

are you trying to fud margin trading?

>> No.15735784

>>15735757
You total brainlet.

>> No.15735796

>>15735757
If you want to get rekt as quick as possible go try the 101x leverage on (((FTX))). They also have hyper volatile tokens and such.

>> No.15735800

>>15735774
do you even KNOW the definition of dunning krugger, jackass? You are basically saying 100x leverage will almost always result in immediate liquidation. Source?

and no fucking shit i am aware of fees, dumbass. I also wasnt ever claiming to be an expert meaning saying I was participating in dunning krugger effect is motherfucking retarded. I highly doubt you have 3yrs success of margin trading (post pic). Even if you do, my above points still stand

>> No.15735809

>>15735784
>>15735796
brainlet... for asking legitimate questions as a starter.... kys dumbfuck samefagger

>> No.15735813

>>15735796
>>15735784
just curious. Show your gains so I know at the very least you arent some edgy teen that is larping

>> No.15735821

>>15735800
and by source, I mean I want to see failure stats on this or else its just a bullshit assumption

>> No.15735823

>>15735783
also this is kraken, but I assume every exchange with leveraging does a similar thing

>> No.15735834

>>15735821
Just make a test account on Bitmex and you'll be able to test your ideas.

>> No.15735874

>>15735834
i have with a vpn. Just havent transferred my btc yet. Some responses here were useful at least unlike the dumbasses above being hostile for no reason. Autistic fuckers.

>> No.15735907

>>15735800

Its you talking with confidence about shit you clearly know nothing about

>You are basically saying 100x leverage will almost always result in immediate liquidation. Source?

Are you fucking dumb and need source in yt video or intenet guide for basic math?
No im not saying 100x levrage will allways resault in liquidation
Im saying you will get liquidated eventually no mather what.
Im sure out there theres anon who longed 100x and rided it out while btc did 2x in price BUT its less chance than winning euro jackpot to be that guy so you want to sell eventually right, so now we are talking about scalping?

Ok i have bit of time ill draw it to you:

1.since <1m candles are less than 50% chance (its flip 50/50-fees) you have less than 50% chance to double your money
2. You survived first candle ok now you have option A sell option B keep position open
IF you chose option A you just survived less than 50% chance flip and longterm this will we just mathematically proved lose you money
If you chose B what now? theres less than 50% it goes 1% up more but its same for down os its just cumulative rise and it can go 5% up and 5% down and liqudate you and you have no controll over it and no good exit point.
Not to mention you cant amke good entery point anyway.
I dont think you can comprehend how volatile <1min candles are

Pls keep doubting others and never question why evryone (like 99.9%) loses money on 100x.

>> No.15735934

Also:
> I will start soon once I feel btc has bottomed out
>buying at the right time
>So that chart is only relevant if you make a wrong call then

DRILL INTO YOUR SKULL YOU CANT PREDICT SHIT thats only way to be good at trading

Fucking dumb fuck

>> No.15735953

>>15735834
wait, checked your id. Youre one of the autists

>> No.15735979

>>15735907
>No im not saying 100x levrage will allways resault in liquidation
I didnt say you said "always", retard.

>1m candles are less than 50% chance (its flip 50/50-fees) you have less than 50% chance to double your money
where the fuck are you getting your numbers from?

And no, I never "acted confident" about this, retard. I made this thread to get genuine answers as to why 100x leverage was a bad idea, fucking brainlet. The point was to see all the bad with this leverage but you were too damn stupid to see that

>> No.15735993

>>15735934
>cant predict shit
wall street genius over here
just guess. Why not kek. Okay youre a larper.

At the very least, you can go by the coinmarketcap and at least make a somewhat educated guess by checking its history.

>> No.15736016
File: 17 KB, 200x200, 1555067789935.jpg [View same] [iqdb] [saucenao] [google]
15736016

>>15735979

>1m candles are less than 50% chance (its flip 50/50-fees) you have less than 50% chance to double your money
where the fuck are you getting your numbers from?

Where did i got this numbers?

Ok im done you are imbecil.

>>15735993
>At the very least, you can go by the coinmarketcap and at least make a somewhat educated guess by checking its history.

How is fucking coinmarketcap or entire database of every asset movement of every market on planet calculated by 23423424234 qubits quantum computer going to help you to predict 0.5% movement in 30 sec timefarme you mongoloid?

>> No.15736020

>>15735874
You don't need BTC on it, there's a demo account mode that should let you try it out without using money (which I'm not sure of because I don't use Mex).
Or just use the short/long tool on trading view and journal your performance. You'll see if you're profitable or not (probably not).

>> No.15736061

>>15736016
>Where did i got this numbers?
>Ok im done you are imbecil.
not an answer, dumbfuck.

>predict 0.5% movement in 30 sec timefarme you mongoloid?
didnt say it could, retard. Im saying it can help you predict the bottom

>> No.15736111

>>15736061

You are asking me to explain it to you why is 30 sec candle 50/50 coinflip, if we cant agree upon it we are done since if anyone ever could predicted its moovement makets would be solved fucking computer problem like chess, than you go and ask for proof of my claims....

And what predicting bottom means for <1m candle???
You are talking about macrotrends of price movement like they have any fucking correlation to super micro tiny movments in sub 1 min +/- 0.5% swings.

So yes you are so fucking new to all this and asking so fucking dumb questions it hurts

>> No.15736117
File: 603 KB, 1439x1503, Screenshot_20190926-192811_Facebook.jpg [View same] [iqdb] [saucenao] [google]
15736117

>> No.15736127

>>15736111
>You are asking me to explain it to you why is 30 sec candle 50/50 coinflip
im asking for a source, bumpkin. Not saying its inaccurate, faggot

>> No.15736131

>>15736111
anyways bitch, I have work today and I was supposed to go to sleep hours ago so im leaving unless this thread is still alive when I wake up

>> No.15736153

>>15736127

Ok sorry bro

https://www.amazon.com/Basic-Math-Pre-Algebra-Workbook-Dummies/dp/1118828046

There

>> No.15736157

>>15736111
one last thing, the 1% example I used was a random as shit number, retard.

I would use this calculator >>15734326

it wouldnt matter if you dipped down as long as you dont hit the liquidation price.

>> No.15736166

>>15736153
here dumb faggot >>15736157

I have a feeling you have no idea what you are talking about. Just kys you waste of oxygen

>> No.15736177

>>15736153
like fucking kek. Its like you made that 50% chance up and dug it out of your hairy ass. And again, I would use a liquidation calculator before even throwing money

>> No.15736241

>>15736157
You underestimate how easy it is for BTC price to hit your stop and bounce back up, leaving you with a loss. Rinse and Repeat, soon enough you'll be broke. Even if you are right about the swing, will it sustain that level? Will you be smart enough to cash out at that price, or wait and see it drop to your liquidation price/ stop loss?
Not only this but fees, the amount of faked volume on exchanges like BitMEX and also the fact you're just trading against bots and algorithms designed to take your money.

>> No.15736258

>>15736241
>You underestimate how easy it is for BTC price to hit your stop and bounce back up
really depends. This just sounds like straight up fud. I was using 100x leverage as an example, but really id only settle for a liquidation price Id feel comfortable with and if that means a lower leverage, then whatever. Ill use a lower leverage

>> No.15736295

>>15736258
>sounds like straight up fud.
Just telling you the reality of 100x leverage, if it were that easy, everyone would be rich. Never use more than 25x leverage and maybe you won't lose all your trades

>> No.15736308

>>15736295
again, id use a leverage that results in a liquidation price I am comfortable with.

>> No.15736398

>>15733962
You should not margin trade if you cannot handle a margin call from the lender.

That's it.

It's your money.

>> No.15736411

>>15736308
OP, I tried this at the end of last semester. Your math checks out but make sure you calculate for fees. Looking for small gains can actually lead to loss if your trading and lending fees end up being more than your profit.

Remember, when trading on margin you pay a fee to make trades, you pay a fee to close them, and depending on how long your trade is you pay a fee on the money that was lent to you.

Let us know if it works out for you.

>> No.15736447

>>15736177

50% is number of true random aka coinflip and <1m candle is as close as it gets to it how the fuck is coinmarketcap, trends or fucking liquidation calculator gonna chandge that how fucking dumb are you

>> No.15736478

I would give you advice but youre acting below the age of 25 so I won’t. Talk about a heightened sense of self intelligence. Just go 100x already and report back in a week, nigger.

>> No.15736500

>>15736117
What a nasty font

>> No.15736538

op is a future pink wojak poster lmao

>> No.15736798

THIS IS THE DUMBEST FUCKING BOARD ON THIS SITE HOLY SHIT

>> No.15736806

biz's IQ is actually in single digits right now

remember - DO THE OPPOSITE OF WHAT BIZ SAYS

>> No.15736883

>>15734199
>Tfw just lost 7% or 5k aud

>> No.15737122

>>15736798
>>15736806
Jesus, calm down OP.

>> No.15737319

>>15733962
margin isn't bad but 100x is. at 8k 1% is an $80 swing. Your stop has to be less than that. It just doesn't leave you enough room before you're forced out of your trade.

>> No.15737702

>>15733962

yeah, i always leverage 100x, try it op, the universe is quantum so if you risk everything it usually makes you lose nothing, only holding fags get the timeline where btc goes to 0

>> No.15737710
File: 213 KB, 1218x685, do it.png [View same] [iqdb] [saucenao] [google]
15737710

>> No.15737909

God damn, what the fuck am I reading here. A discussion between two heated kids that have to keep insulting each other? Honestly, grow up. This pains my eyes.

Liquidation price depends on the leverage. If you're gonna 100x you're gonna get rekt. If you 100% know the price will go up, it's still risky.

>> No.15738105

>>15733962
You can make small profits for a long indeterminate amount of time, but then will blow up and lose all your gains and much more.

>> No.15738119

>>15735800
if you use 100x you give up free EV since the liquidation engine moves your liquidation price up. i.e. on 100x leverage trade you only need a 0.5% move to get liq'd and then you lose 100%. In comparison to the opposite side, a 0.5% move is only a 50% gain. The tick size on xbtusd is 0.5 USD. And if you look at the tick chart you will notice that once it starts going one way, it keeps on going - this is because of lack of liquidity in the market to fill orders at each tick. So if you post a limit order to get an entry, you will find that you lose like 60+% of the time. And if you post a take order you pay (0.075 * 100)% fees. So for every trade you enter on 100x;
1) you lose 50% ev to maintenance margin requirements (unless you are using stops - which can still get you margin called because isolated leverage is so high there is no guarantee of getting filled)
2) you lose 5% guaranteed for every trade (maybe 15% if you get stopped - 5% with maker rebate on exit)

You are the dunning kruger retard. You made this thread to bait anons into giving you free advice but thinking biz has anyone who will give you good advice is retarded. You are going to lose all your money.

>> No.15738131

>>15735979
>where the fuck are you getting your numbers from?
are you saying you have a way to predict the 1 min candles better than 50%?

>> No.15738155

>>15736177
my god i am reading through this thread and you are the ultimate dumb fuck.

lol.
>made that 50% chance up
the entire premise of trading is built upon the principle that price has a 50/50 chance of going up or down and if you can find any discrepancy in this then you are basically rich since you now have an edge on the market.

>> No.15738162

>>15733962
You don't immediately jump into a 100x position first of all...

>> No.15738173

>>15733962
This weekend is going to be a fucking bloodbath isn't it?

>> No.15738185

>>15734326
But considering you can't do basic multiplication I don't think you will succeed

>> No.15738228

>>15733962
>So with the right precautions and buying at the right time, ....you have no risk
>so if you know btc will pump hard, .....you wont ever be at risk of liquidation
Ask me how I know you are retarded.

>> No.15738334
File: 7 KB, 592x207, dipx100000.jpg [View same] [iqdb] [saucenao] [google]
15738334

>>15733962
only with balls of steel and gambling addiction

>> No.15738457

few hrs ago hovering 7900-8100 fuvk this set long buy limit at 7880 with trailing buy limit every 30$ down til 7k bitcorn sudden drop to 7860 then pump back to 8k doubled my monies in less than an hr

>> No.15738664

>>15738185
my math is fine tho, dumbass. Check it again

>> No.15738672

>>15738131
>>15738155

Yes acording to OP its coinmarketcap history charts and feeling of btc movement thats gives you reliable data on how will <1min chart go

I guess this brainlet 100x ideas poping out again in 2019 is bullish overall...

>> No.15738687

>>15733962
do NOT do this unless you REALLY know what you are doing.

>> No.15738728

>>15736447
kys plus >>15736157
there you go, faggot.

>>15736478
k, nigger
>>15737319
honestly I prob wasnt going to 100x, but wanted to see the worst legitimate fud for it. Ill pick a leverage that results in an okayish liquidation price
>>15738119
mot an example of krugger, retard
>>15738228
okay. Shoot, down syndrome cunt. You can predict how a coin will react based on its history. Not saying minute predictions, but you can see when you bottom out.

>> No.15738783

>>15738728
>You can predict how a coin will react
Oh boy oh boy

>> No.15738827

>>15738783
kek at saying otherwise. I bet you're the exact type that buys high and sells low

>> No.15738834

>>15738687
dont worry. I wasnt actually going to 100x leverage. Especially at first. I do want breathing room with the liquidation price after all

>> No.15738890

>>15734091
it’s more poker than chess

>> No.15738938

>>15738827
See here for what happens to your types.
>>15738105

>> No.15739008

>>15738890
Obviously, but OP is retard that doesn't understand basic risk management, much less systems of strategic probability like poker.

>> No.15739073

what happened to op? did he lose all his pesos trying to 100x shitcoins? rip op...

>> No.15739103

>>15734148
>whats wrong with losing half your money if you don't lose all your money?

>> No.15739371

More than 5x its already gambling. $1000 short/long squeezes are pretty common on BTC, so even if you know where the price is going, before big moves theres always a bull/bear trap

>> No.15740547

>>15739103
because it can just go back up. Like when you buy and hodl a random crypto, it may dump under what you bought it at but just go back up

>> No.15740558

>>15739008
i do tho, faggot. Basically just leverage at a point where the liquidation wont be merciless. Asswipe

>> No.15740597

>>15733962
I tried and i was taken by raw, pure, unadulterated terror.
This was the first and last panic attack i ever experienced.
It was not a big sum too.

I tried to analyse myself while it was happening, and i still have no idea if such a thing can be tamed.
I tried breathing exercices, physical exertion, inflicting small pain on myself, forcing myself to cry...to no avail.
Only when the margin trade was closed was i able to recuperate.

That's really retarded, i have been in dangerous situations before for my very life, and no issue to control my emotions.
But i play with 200$, and i almost die of a heart attack.
What the fuck, limbic system ?

>> No.15740630

>>15740547
>because it can just go back up
If your stop triggered to avoid liquidation you now have less money to leverage.

>> No.15740654

>>15740630
>if
and the gains could still result in it being better to hodl anyways

>> No.15740665

>>15740654
*than to hodl

>> No.15740847

OP is by far the most based poster on /biz/ right now, if not the whole of 4chan.

>> No.15741476

>>15734199
Saved, thanks

>> No.15741494

>>15740847
>4chan.
No, maybe 4ch*nnel

>> No.15741497

>>15740558
Shut the fuck up, shitskin little bitch.

>> No.15741524

>>15740597

It's fun right? to know that money is truly the evil in the world, literally blood on paper, no normie can understand it

>> No.15741535

>>15736478
>below the age of 25
25 is the actual theoretical max

>> No.15741615

>>15733962
>Plus you can make a stop order to prevent you reaching the liquidation price.
It's not like you'll get your money back though. Let's say you long x10 at 10k, then your liquidation price would be 9k. So you set your stop loss to 9500. But then if it reaches 9500 you're still down 50% from your investment and you have to double it just to get back to zero. If you go x100 then a fucking 0.5% dildo takes you to a 50% loss. Do that twice in a row and you're down 75%. Multiple percentage swings and red/green dildos can happen for absolutely no fucking reason at all, and within minutes. Individual exchanges have relatively very low volume, and even a few BTC sell or buy order can swing the price by 1-2% for a minute or two. You have no way to tell when some random richfag will decide to pull a 2 BTC sale and clear out 1% of the orderbook, immediately triggering your stop loss and closing your long.
>if you know btc will pump hard, you wont ever be at risk of liquidation
Yeah, if you KNOW what's going to happen then you always win, I wonder why everyone isn't doing this already. Literally just know with absolute certainty how completely random and unpredictable events will play out within the next 5 minutes. How about you try it for yourself and pretend to open a long/short right now? See if the price moves 0.5% or even 1% in the other direction within the next half an hour.

>> No.15741934

>>15741497
kys. Post video
>>15741615
>.5-1%
im not actually going to 100x leverage as thats not enough breathing room so I dont have to worry about small percent changes like that. My main point is that margin trading is better than hodling. Even just a very low leverage where the liquidation is far away is better than hodling.

>> No.15741954
File: 52 KB, 1182x754, 3F121287-4393-446B-B9CD-DED86C17942C.jpg [View same] [iqdb] [saucenao] [google]
15741954

>>15740847
you're unironically gonna make it

>> No.15741981

>>15741934
Yeah people do margin trade with success, but for every successful daytrader/swing trader/margin trader there are like 5 screaming pink wojaks. The majority of active traders on the stock market underperform the S&P 500, meaning they literally lose money by doing trades instead of just buying a ready made portfolio and holding it for a few years through dips and pumps. Obviously there are geniuses like warren buffet, but he cares a lot more about fundamentals and finding lesser known projects with huge market disrupting potential, than TA and green/red dildos.

>> No.15742023

>>15741981
oh well. I guess im gonna learn this lesson the hard way.

>> No.15742296

>>15741954
I was being sarcastic, by the way.

>> No.15742840

>>15742296
no you werent and you know it. Based and schizo pilled

>> No.15742894

>>15733962
more likely to get rekt and lose what you already have. only poor people use leverage. rich crypto bois use spot