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/biz/ - Business & Finance

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File: 63 KB, 1252x827, ss+(2017-12-03+at+10.22.06).png [View same] [iqdb] [saucenao] [google]
4741915 No.4741915 [Reply] [Original]

As the expert trader I am, I started shorting bitcoin this Friday with 5X leverage

Pic related are the results.
Please laugh at me

>> No.4741939

>>4741915
Stop shorting asap lmao

>> No.4741967
File: 33 KB, 894x894, wojak_by_toshitne-d8sqsel.jpg [View same] [iqdb] [saucenao] [google]
4741967

I forgot the obligatory Wojak (not a pink one)

>> No.4741980

>>4741915
sell naked calls

>> No.4741999

>>4741915
Short bitcoin? Now? When normie monies are just starting to come in? Are you retared, op?

>> No.4742009
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4742009

btw My total capital is 14K
The unrealized+realized loss is about 3.5K

So it's a rather big move :-)

>> No.4742037
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4742037

Dat margin call coming soon.
I'll close my positions if we hit 12.1K

>> No.4742049

really though, when is it going to dip a little? I keep thinking 1 or 2 k correction. Isn't the volume pretty low?

>> No.4742082
File: 9 KB, 190x709, ss+(2017-12-03+at+10.36.38).png [View same] [iqdb] [saucenao] [google]
4742082

Saved by this small resistance level.
If it breaks, my first margin call will flow in.

Pink wojaks incoming !

>> No.4742096
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4742096

>expert trader
>shorting bitcoin

>> No.4742907

>>4741915
What software, website, or service platform do you use?

>> No.4743307

>>4742907
Do you think I want you to make bitcoin price even higher ?

>> No.4743382

>>4741915
Explain what any and all of that means?

>> No.4743425

>>4741915
That's €3,000 that you'll never get back. How does that feel?

>> No.4743443
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4743443

>>4742096
>bitch please

>> No.4743473

>>4742009
Crypto is too volatile for leveraged positions. Short positions are leveraged. Just stay in cash to profit from a crypto market decline.

>> No.4743488
File: 1.33 MB, 1537x697, bitcoin-shorters.png [View same] [iqdb] [saucenao] [google]
4743488

>>4741915
never change /biz/

>> No.4743498

>>4743473
Crypto on it's on is basically stocks on 10x leverage, without the risk of margin call.

>> No.4743766
File: 6 KB, 933x48, chrome_2017-12-03_17-27-35.png [View same] [iqdb] [saucenao] [google]
4743766

I went long on ETH/BTC which is effectively shortign BTC against ETH haHAHEAHEHAEHAEHAHEAHEAHEh fuck this

>> No.4743910
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4743910

I swear every day I say to myself "Rule n°1 is you NEVER SHORT BITCOIN"
But I break that rule everytime, and get the fright of my life.
I then tell again to myself to not do it again next time.

Never contemplated a loss as big as this time, I truly fucked up now.

If somehow I make it (btc price goes back down to 10K under 24hrs), I will oblige to any request (no begging though)

>> No.4743945
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4743945

>>4743766

>> No.4743982
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4743982

>>4743425
Bro it will be 4K by the time btc reaches 12.1K

>> No.4744118
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4744118

Shorting in a volatile market where flash movements above 20% are practically a weekly event?

WCPGW?

>> No.4744158

>>4741915
I'm surprised you didn't get JUSTed harder desu

>> No.4744285
File: 423 KB, 645x645, 1498104696960.png [View same] [iqdb] [saucenao] [google]
4744285

Going to bed now, and sleep tight knowing I might wake up on a Monday morning losing 80% of my entire monthly salary (wagecuck here)

>> No.4744855

>>4744285
I'm rooting for you anon

>> No.4745595

Red means good right?
:^)

>> No.4745627

>>4741915
Cant short Bitcoin right now. We are in a bubble. Bitcoin can only go up until it doesnt.

But this just means that when it does come down, its going to be the biggest crash its ever seen.

>> No.4745658

never short in a bull market

>> No.4745695

>>4741915
what exchange? have you ever had trouble getting withdrawals? do you have to ssubmit selfies and pics of your butthole before they let you withdraw anything?

>> No.4745727
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4745727

>>4741915
>please laugh at me i was shorting bitcoin
Well don't mind if i do then.

>> No.4745871

>>4741915
>a puny 5x leverage
Anon call me when you 100x bitcoin like a real trader.