[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 64 KB, 1031x548, Selection_999(460).png [View same] [iqdb] [saucenao] [google]
29254876 No.29254876 [Reply] [Original]

My fucking liquidation price was at 1799$ on etherum and this fuckign piece of shit dumped right down to 1798$

I dont know how many times i have gotten liquidated over 1$ on this fucking chinx exchange.

Wtf is this?

>> No.29254947

they know

dump eet

>> No.29255005

>>29254876
Why not just buy and hold

>> No.29255014

>>29254876
your price targets are public retard. its an unregulated market do the math.

>> No.29255013

>>29254876
>yeah bro i trade with high leverage in the most volatile asset class in the world and not even the big one, on even more volatile shitcoin pairs and then i blame other people when i inevitably face the consequences of my bad decisions

>> No.29255080

>>29254876
You play with the Bogs..

>> No.29255193

>>29254947
they know, they know what?
You think ETH just dumpy down frm 2050 to exactly my liquidation price to fuck with me?

how can this piece of shit just go to 2050 $ and than dump down to the exact $ where i get liquidated
you cant tell me this is a concidence cause this exact shit happened alredy a few times to me, in this month
so whats behind that, i paid enough now to know the truth behind this shit

>> No.29255278

>>29255013
yh ok pussy ive made a fuckton off this bullmarket thanks to high leverage and heavy balls, after seeing the normies flood in from gme it was all too obvious, if you miss the train, its all your fault its all about timing.

>> No.29255358

>>29255014
this

>> No.29255361

NEVER trade on margin. Especially before you go to sleep. You will 1005 be liquidated.

>> No.29255418

100%

>> No.29255426

do you have any idea how many other people put it at xx99 ? dont be a retard next time

>> No.29255497

>>29255193
its the vishnu in the blockchain.
would have been safer with.. algo.

>> No.29255507
File: 85 KB, 1341x582, Screen Shot 2021-02-20 at 6.16.53 PM.png [View same] [iqdb] [saucenao] [google]
29255507

>>29254876
Zoom out.
ETH has flash crashes all the time.
Its not a trend reversal, its whales trying to fakeout and keep the price from pumping too fast

>> No.29255694

this is bullshit, everyfuckign tme i get liquidated on this piece of shit exchange it is over 1 fucking dollar

how come it didnt crash to 1780?
why exactly to my liquidation price?

>> No.29255743

You will get fully liquidated if you dont watch it like a hawk. It sucks and I learned the hard way.

>> No.29255863

>>29255694
i made 1k on this dip, thanks for the money

>> No.29255911

>>29254876
>margin trading cryptocurrency
ngmi

>> No.29256009

>>29254876
This is why you don't do business with the chinese

>> No.29256088

>>29255005
cause they are degenerate gambles they need that dopamine high.

>> No.29256130

>>29254876
>using SL on shitcoins
ngmi

>> No.29256189
File: 68 KB, 1024x937, 1612692323705.jpg [View same] [iqdb] [saucenao] [google]
29256189

>>29255193
what's so hard to understand?
They work together with the lenders to liquidate you at convenient prices, it's not rocket science bro

You're unironically a retard for continuing to play their game.

See also:
- seeing when a big buy order comes through and having algorithms that put buy orders first
- "outages" when there is a big market movement to frontrun it (Coinbase does this too)
- getting "hacked" when exit scamming

Why the fuck do you think we are working on DEXes? Do you think decentralization is just a meme?

>> No.29256200

>>29255193
You probably chose the same stop loss price as a lot of other people.
I would suggest to never use stop losses to begin with, or if you do I guess make them on multiple price levels?

>> No.29256257

>>29255694
>>29255193
>>29254876
Its called a "scamwick" for a reason bro.

>> No.29256273

>>29255193
Not to fuck with you but whales were certainly stop loss hunting

>> No.29256316

>>29254876
Dead cat bounce.
He bought?

>> No.29256335

>>29254876
haha I guess god decided to punish you specifically
are you perchance a gay or a gay enabler??

>> No.29256388

>>29254876
>I dont know how many times i have gotten liquidated
you do know that you pay a ridiculously high liquidation fee right into the safety fund or whatever it's called, right? if you just placed a stop loss above your liq you'd end up with a lot more money
>>29255278
that's only what poorfags say, i'm up $800k just from holding crypto this month alone, you'd have to be retarded to be trading such low liquidity assets that could flash crash to $0.01 cent at any given time with leverage

>> No.29256389

>>29254876
serves you right for putting your stop loss on such a retarded place. they always dump and pump a little bit above and below big round numbers because they know most people put their orders there.

>> No.29256418

this is why you code a bot to market trade in real time
imagine literally leaving your limit orders on the book for every chang and goldstein to see

>> No.29256489

>>29255278
you're gonna lose it all one day and then you're gonna rope

>> No.29256552
File: 1 KB, 47x457, Capture.png [View same] [iqdb] [saucenao] [google]
29256552

What's this pattern called?

>> No.29256563
File: 35 KB, 600x600, 1300044776986.jpg [View same] [iqdb] [saucenao] [google]
29256563

>2021
>not margin trading

>> No.29256566

>>29254876
put in a buy order at the price you want to sell

>> No.29256584
File: 1.20 MB, 350x248, 1613742986759.gif [View same] [iqdb] [saucenao] [google]
29256584

>he thinks the exchange doesn't know his liquidation price
>he thinks the exchange is on his side
>he thinks the exchange doesn't intentionally push the price down to liq the most retards for the most money
The only safe margin is no margin, but if you absolutely must, stick to 5x at most, and only after buying on a scamwick like this. Any other time, 2x is the only way to go...and even then, your chance at being liquidated due to some outlier 50% dump is likely.

The exchanges have the data, and they feed it into the big jew money whale neural networks that are used to predict norman retail trader behavior and scam them for every dollar possible. Fact.

>> No.29256649

>>29255193
lmao. get overself. You got stop hunted. Finex was trading this at 1955.

>> No.29256651

>>29254876
Let this be your lesson. Stop losses almost never work in your favor. Its better to set an alarm for price alerts.

>> No.29256738

>>29256418
>imagine literally leaving your limit orders on the book for every chang and goldstein to see
This.
I just have 2 extra old lcd monitors up to watch my coins. if I see a pump and dump and I just wait for them to peak it and sneak in a sell. Then re-purchase the dip now with more.

>> No.29256946

Here's the real protip, stop losses are a good thing but they are public.

What you should do is only keep an amount of margin that you are willing to lose in your futures account. Then use high leverage and cross margin on a small amount of the money (such that where you want to stop loss becomes the same as your liquidation price, you can calculate this based on leverage and margin and find out how much of each you want to use).

Then for multiple trades just use multiple sub accounts each with their own margin, that's how I do it.

>> No.29257472

>>29254876
Why on earth would you keep a liquidation price at 1799? How retarded are you? At least put a 1780 or something. Better yet, USE A FUCKING STOPLOSS YOU FUCKWIT.

>> No.29257864

>>29255694
Well they aren't going to just let it ride to $10, $100, or $1000. Of course the will liquidate asap.

>> No.29258742

>>29254876
Bogged individual

>> No.29259081

>>29255694
>>29254876
>>29255193
>doing anything on a cex
that was your first mistake retard