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28011713 No.28011713 [Reply] [Original]

Just blew up $760 on bitcoin futures with 125x lavrage. Thought 1 percent in my direction would me enough.

>> No.28011798

>>28011713
I don't use leverage, what does this mean

>> No.28011835
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28011835

>$760 on bitcoin futures with 125x lavrage.
I could feel my butthole clench, why the fuck would you ever leverage crypto

>> No.28011896

>>28011798
it means he owes someone $760000

>> No.28011940

>>28011798
He borrowed 125x of what he had to make a stupud bet that the exchanges would liquidate instantly

>> No.28012001
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28012001

>>28011896

>> No.28012065
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28012065

>>28011940
Leverage is a great to transfer wealth from dumb to smart.
t. Waffen Pepet

>> No.28012080
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28012080

holy fuck anon your life is ruined

>> No.28012082
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28012082

>>28011896
Kek kek kek

>> No.28012092

>>28011713
even with qppx you don't have a 1% leeway, it's more like .5% . they are keeping a gap to not put them at loss.

>> No.28012156

>>28011798
With leverage you lose your investment if it goes wrong. With that leverage he must be pretty much 100% right with direction and entry to make money. I blew loads of money trying to find the top of the last btc pump, I learned my lesson and invested in long term projects

>> No.28012155

>>28011713
Don't ever risk 125x leverage unless it's after we bounce off firewall support, e.g. 125x long on ETH after it bounced off 1500 would have been ok. For a minute.

>> No.28012166

>futures, options and leverage
Completely degenerate

>> No.28012177
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28012177

I'm sure this is a troll but it always amazes me how often people ruin their life here

>> No.28012207

>>28011713
lol i did that the other day with $500. just get back into shitcoins instead, it's so much safer

>> No.28012205

rookie numbers
i get liquidated every week

>> No.28012211
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28012211

my god OP...
i did not know that you could be this retarded

>> No.28012230

>>28011713
>$760 on bitcoin futures with 125x lavrage
Where can you buy these kind of contracts????

>> No.28012330
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28012330

>>28011896
What could possibly go wrong...

>> No.28012403

>>28011896
I think that's their problem rather than his.Who the fuck is offering 125x?

>> No.28012511
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28012511

>>28011713
>125x lavrage
Anon I....

>> No.28012571

It was on Binance, they vaporize the account in a sec, couldn't even close the position kek. Money is not the issue, I wanted to gamble, lessons learnt.

>> No.28012622

>>28012205
Based

>>28012166
Cringe

>> No.28012628

>>28011713
im brainlet whats the math for him to go busto ?

bankrolls 760*125 = 9500
760 dollar swing = 760 / 9500 =0.008 = 0.8%

1/125 if i wasnt retarded and didnt do that pointless math right?
760/(760*125)

>> No.28012749

>>28011713
where do you guys buy crypto derivatives?

>> No.28012775

>>28012628
>760*125 = 9500
it's 95k

>> No.28012790

>>28012628
should be 95000*