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/biz/ - Business & Finance

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27104973 No.27104973 [Reply] [Original]

Just shorted bitcoin with a third of my life savings with 10x leverage, did I do good?

>> No.27105035

>>27104973
No you didn't

>> No.27105067
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27105067

>>27104973
Good job bro. Crash it to zero.

>> No.27105121

>>27104973
Liquidation at $37,581 btw

>> No.27105153

Target and liquidation price?

>> No.27105569

>>27105121

Hmmm. When you planning on taking profits?

>> No.27105752

>>27105569
$28,000

>> No.27105984

>>27105121
liquidation by tomorrow morning

>> No.27106082

>>27104973
I really hope this is a larp.

>> No.27106171

>>27104973
I'm buying $30K of bitcoin just to spite you.

>> No.27106445

For your sake I hope this is bait

>> No.27106564

You either have unbelievably massive balls (read: deep wallet), or are missing the top-front part of your brain (read: nigger).

>> No.27106679

Tbh it's just as good a bet as holding.
I haven't seen one thread explaining correctly what BTC will do
In reality the whales decide the price and they're never going to tell you that
There are no fundamentals with btc

>> No.27107012
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27107012

>>27106679
>just as good a bet as holding.

>> No.27107394

>>27104973
Just get on AOL. AOL has all the answers for PEOPLE LIKE YOU.......

>> No.27107397

>>27106564
>or are missing the top-front part of your brain (read: nigger)
no, u. Btw I have about $200k on the line and it’s closer to half my net worth.

>> No.27107569

I have the best MySpace page for investing!

>> No.27107726

>>27105121
You did good. It's impossible for it to reach your liquidation prince until at least march, when the next short squeeze is probably going to happen.

>> No.27107792

>>27104973
shorting something that goes up 16% because of a memer's hashtag is never smart

>> No.27107973

>>27107792
>smart

Smart is the act of having intelligence. ... The definition of smart is someone who is intelligent, someone who is well dressed and looking sharp or something that can act on its own accord. An example of smart is a person with a high IQ. An example of smart is someone who is dressed neatly in fashionable clothes.

no-one on /p/ is "smart"~~~@@@!!!!!!!!!~~@@#!

>> No.27108755

With how much it jumps up and down, what's stopping me from just buying dips conservatively, offloading on peaks the next day, and repeating?

>> No.27108989

Go BSV instead of BTC for a lot of reasons on a lot of levels. So yes, shorting BTC is the right move.

>> No.27109746

>>27105752

I'd take a bunch along the way.

I thought it was gonna go.to the $26.5 mark and it never came

>> No.27109939

>>27108755
because one day you'll buy a dip and it wont stop dipping.

>> No.27110718

>>27109939
So other than the risk of BTC tanking, nothing? I'm going to be doing it with modest amounts of cash

>> No.27110774

>>27108755
nothing
many people got rich doing just that. but one pump will negate weeks or months of gains

>> No.27111155
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27111155

>>27110797
I'M FINANCIALLY RUINED AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
WHY DID ELON RUGPULL WE WERE SUPPOSED TO MOON AAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.27111432

>>27108989
ALWAYS do EXACTLY the opposite of what /p/ says!!!!