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29850987 No.29850987 [Reply] [Original]

BROS PLEASE HELP I JUST REALIZED HOW MUCH FUCKING MONEY YOU CAN MAKE WITH LEVERAGE
obviously you can also lose more, but there nbp right?
WHAT INDICATORS DO YOU USE?
RSI? MACD? EMA? SSL? ADX? BOLLINGER?

>> No.29851138

>>29850987
Let us know when you declare bankruptcy

>> No.29851186

>>29850987
only use 100x or you're a pussy

>> No.29851275

>>29850987
No it’s actually pretty shit, unless you time entry perfectly & hold for a long period of time.
Borrowing $100k just to get 5k profits is retarded. Swinging is hard because you get punished.

>> No.29851281

>>29850987
leverage is like a drug
once you start you won't stop

until you get liquidated
stay away from leverage if you can
unless you have very little money and can lose it all

>> No.29851282

>>29851186
IM USING FUCKING 500X DUDE LETS GO

>> No.29851316

>>29850987
If you can't do a spread then stay the FUCK away from leverage

>> No.29851336

OP SHORT ETH RIGHT FUCKING NOW
500x LETS GO, WHEN YOU ARE RICH PLEASE SEND ME SOME CRUMBS

>> No.29851440
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29851440

>>29851282
im coked up right now sorry
>>29851281
>>29851275
thats the thing, you can time the entry points well, the problem is with the exits

>> No.29851522

>>29850987
its stupid i know, when I turned $20 into $200 with a 3% dip in about 8 minutes i am hooked. 100x or go back to trading bsc coins pussy. remeber to set take profits and stop losses, be smart and you will make $1000s a day as u build capital

>> No.29851775
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29851775

>>29851522
and eventually, when you get hooked, greed emerges, you win a couple of times, so you get lazy, start to get into even riskier trades, after all if you had success then why wouldnt you now? and then you get FUCKED
how to stop this from happening?

>> No.29851870

>>29851522
>stop losses
>with 100x leverage
the liquidation price is your stop loss retard

>> No.29851896

bros im too dumb to understand how to do leverage help me bros help

>> No.29851969

>>29850987
you know what the indicator was? when btc hit 6k last year. that was your fucking indicator. thats when i bought crypto but i didn't undersand what leverage was at the time so i didn't do it

>> No.29852002

Coinbase cuck here. What fucking exchange do you use to do leverage trading?

>> No.29852050

>>29850987
Just go to vegas. That way you don't have to wait days to see the result of your dice roll.

>> No.29852101

>>29850987
Long 125x BTC right now
Enjoy your free 100k

>> No.29852127

>>29851522
What fucking leverage we’re you using if you 10x with a 3% dip? 300x leverage?

>> No.29852390

>>29852002
I think binance does leverage.

>> No.29852438

Im newfag
I had 800$ in January and opened long in Avax with 10x leverage at 13.5$, never ever later Avax was under 14$ so fucking luck. 3 weeks later I had in peak 50.000$ DAMN. I closed at 40k$
And i blowed 30k$ because I went fully with leverage more in GRT(fuck you) later.
Now I have 8k$ and gonna recover my 30k$ but this time with no leverage but with plan.

Never ever use leverage in bear market. Never.

>Needa stable 3-4x coin

>> No.29852494

>>29851896
Leverage is essentially just borrowing capital to make more gains. The higher the leverage, the more gains you can make. It’s a double edged sword tho cuz you can also get raped in the same magnitude very easily. Especially if a whale decides to make a trade and your stop loss doesn’t trigger.

It’s very very simple math. The leverage multiplier is how much you multiply your gains. So if you use 100x and the market moves 1% in your favor, you essentially gained 100% of your initial.
$1,000 with 100x leverage long on a 1% pump nets you an extra 1K.

If you’re an idiot who FOMOs and chases pumps, sells at the bottom, and buys high. Leverage will just rape you even further. So be smart.

>> No.29852694

>>29850987
Remember that I told you. >>29852101

As you clearly didn't do it you will stay poor forever.

>> No.29852953

>>29852694
How do you know this information tho? I swear to god if I do this and Bitcoin gets dumped even further I’ll kill myself. I’m a greedy degenerate who loves to gamble, you better be right. Matter of fact post your long right now.

>> No.29853042

>>29852953
It's already played out, check 1min chart retard

>> No.29853052

>>29850987
It pisses me off how only the top 100 have leverage options and often they are over 300M marketcap. I can't get even a 100% in 1 month let alone 1 week.

>> No.29853106

>>29852002
Kucoin

>> No.29853538

>>29851870
Stop loss is used to prevent getting fully liquidated

>> No.29853553

>>29852494
>If you’re an idiot who FOMOs and chases pumps, sells at the bottom, and buys high. Leverage will just rape you even further. So be smart.
sounds like me bros... am i doomed for failure?

>> No.29854657

If you get liquidated, are you only at risk losing what you have in your Binance wallet or could you have your entire bank account drained if your stop loss fails?

>> No.29854776

>>29854657
that ball drainage is called nbp, negative balance protection, check if binanace has it