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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20915175 No.20915175 [Reply] [Original]

>> No.20915217

>>20915175
You all fall for the manipulation every time.

>> No.20915221

POO

>> No.20915234
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20915234

>> No.20915298

>>20915175
That's actually hilarious lol.
I wonder how many whales that was.

>> No.20915302

>>20915234
god damn i want a bear to rape my mouth that looks so hot

>> No.20915319

>>20915175
Fucking kek

>> No.20915324

That was amazing

>> No.20915335

Quite a few of these

https://twitter.com/BXRekt/status/1289783819332014080

>> No.20915336

>>20915175
Degenerates getting culled.

>> No.20915367

>>20915175
Unironclly bullrun soon

>> No.20915369

I'm so happy I don't margin trade anymore.
Fuck that shit

>> No.20915428

Yeah I got liquidated. I lost nearly my entire trading stack. Oh well. Guess I'll just hold from now on.

>> No.20915437

Someone explain this to me as you would a child

>> No.20915533

>>20915437
whales shook out weak hands and liquidated retards

>> No.20915550

>>20915437
Gugu gaga everyone think bitcorn go up
Gugu gaga big monsters eat bitcorn muhahahahahaha
Gugu gaga traders die

>> No.20915604
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20915604

IT'S NOT FAIR IT'S NOT FUCKING FAIR!!!!!

>> No.20915661

>>20915175
This is why it happened.
Some made a massive amount of money and is rebuying atm

>> No.20915708

>>20915175
I wonder if that number includes everything in defi too

>> No.20915711

>>20915437
you can put up some money as collateral to basically get a loan from the exchange to buy coins using money you don’t actually have. if the price drops you will lose your collateral. exchanges that allow this kind of trading can see all the open trades, and have algorithms that will dump when certain conditions are met, taking everyone’s collateral

>> No.20915730

>>20915437
>supply and demand sets prices
>people buy shitcoins betting on increased demand in the future
>whales buy a ton of shitcoins
>shitcoin prices skyrocket because there's less shitcoins on the market
>people start buying more shitcoins thinking prices are gonna increase even more
>prices increase because of this
>whales dump their shitcoins at a higher price than they bought at
>there's more shitcoins on the market so prices plummet

>> No.20915749

>>20915437
a million dollars was bet that number go up and number go down so they lose the money they bet

>> No.20915837

>>20915730
So, you think last night's pump was due to some rich asshole buying?

>> No.20915909
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20915909

>>20915302

>> No.20915981

>>20915175
this is why you set stop limits, I survived in XRP by setting one at 0.31

>> No.20916002

>>20915837
No that was mostly retards FOMOing in after seeing the whale pump.
Still, you should still be green if you got in early on the whale pump.

>> No.20916008

>>20915175
now imagine if we had BZRX

>> No.20916010

>>20915711
this has to be it right. bot trading exchanges seeing all open order lmao

>> No.20916080

>>20915369
I just use LINK as collateral to trade other shit and dont go over 1x leverage. Still, having an open position is fucking stressful.

>> No.20916134

imagine gambling with credit. holy fuck people are stupid