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

/biz/ - Business & Finance

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3912860 No.3912860[DELETED]  [Reply] [Original]

>be 16 (plz don`t ban)
>lose 250$ worth of bitcoin at a casino
>deposit 500$ worth of bitcoin to bitmex
>500$ turns to 900$ in a week
>get too confident
>long 20x all in
>get liquidated
>ballance: 0.002 btc
I will never touch bitcoin again

>> No.3912867

>>3912860
MODS

>> No.3912874

You'll never post on 4chan again either.

>> No.3912890

Nooooo

>> No.3912950

>be 23 (pls ban)
>never played actual casino, but a gambling addict since childhood
>deposit entire bank account, including $3k that my poor-ass mother spent my youth raising
>for some reason, put 100% into ZEC
>for some other reason, this turns out to be profitable as fuck
>I am crypto GOD
>lose 90% of everything in the next two weeks

>> No.3912957

>>3912860
gamble it back.

>> No.3912972

all in digibyte

>> No.3912979

>>3912860
Treat the market like a casino, get results of a casino.

>> No.3912993

>>3912860
what does it means to 20x long? I trade crypto but never trade like with leverage which im assuming you guys are doing

>> No.3913003
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3913003

>long 20x all in

>> No.3913028

>>3912860
>be 30
>have a job
>actually productive to society
>savings are in bitcoin until retirement
kys yourselfs degenerate losers.

>> No.3913029

>>3912993
using 5 dollars as collateral for 100 dollars worth of a position. you gain or lose 20x as much as you otherwise would. all in margin trading is suicide unless you are riding what you know is a sure thing.

>> No.3913034

Its okay Billy

>> No.3913046
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3913046

>>3912993
It means if the price goes against the position approx 5% he gets blown the fuck out. That is a hilarious trade considering crypto volatility :D nearly a zero chance suicide trade

>> No.3913065

>>3913046
It is basically like gambling at that level right?

>> No.3913080

>>3913065
your odds are far worse than traditional gambling for such trade

>> No.3913112

>>3912860
Do we only make money on crypto because of underage investors? I hope not but I've seen posts where 12 year olds lost hundreds of dollars.

>> No.3913139
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3913139

>>3913112
feels good man

fuck a kid

>> No.3913162

>>3913028

Are you a canadian plumber?

>> No.3913206

>>3912860
MODS pls ban this fgt

>> No.3913239
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3913239

>>3913206
>>3913139
Do you dislike young people?

>> No.3913514

Holy shit, faggots like your are why /biz/ is shit. MODS

>> No.3913538

>>3913239
Fuck off, summerfag retard, this site is for people that are over 18 years old