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/biz/ - Business & Finance

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52302621 No.52302621 [Reply] [Original]

>> No.52302769

how do i short a shitcoin?

>> No.52302779

>>52302769
unironically on FTX

>> No.52302786

>>52302769
by buying a leveraged short token
https://www.kucoin.com/trade/SOL3S-USDT

>> No.52302867
File: 36 KB, 588x357, sol.png [View same] [iqdb] [saucenao] [google]
52302867

>>52302621
https://solend.fi/dashboard?wallet=3oSE9CtGMQeAdtkm2U3ENhEpkFMfvrckJMA8QwVsuRbE
this guy is about to be liquidated. 62 mil. solend is "currently congested...cannot borrow, might have issues withdrawing. kek

>> No.52302913

>>52302779
Kek

>> No.52303005

>>52302786
For perspective this has gone 13-14x from its current price before, imagine a full blown sol meltdown

>> No.52303021
File: 157 KB, 1243x650, 2434343243424234.png [View same] [iqdb] [saucenao] [google]
52303021

>>52303005
forgot chart

>> No.52303035

i just spent 2 fucking months dcaing into sol all conservative like and these fucking kikes blow it up. fuck me

>> No.52303102

>>52302867
Lol you dumb fuck it's not getting liquidated. Everytime it touches his threshold a little SOL gets sold to readjust his position. And I am short on this shitcoin too but this whole shit was a nothing burger kek

>> No.52303104

>>52303035
Lol do you watch InvestAnswers or w.e the fuck that SOL shill is called?

>> No.52303196

>>52303102
it is getting currently getting liqed. but you are right, it's gradual not all at once. https://docs.solend.fi/getting-started/liquidations
This is just one guy. Imagine the others. Sol is getting bled.

>> No.52303266

>>52303035
why did you ignore all of the red flags? I assume you just thought -- oh an easy 10x!?

>> No.52303289 [DELETED] 
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52303289

I am launching a CPU/GPU mineable (ASIC resistant) Bitcoin fork. We're thinking that a lot of former ETH miners will come to our network to collect block rewards with their GPUs over time.

We're launching in two weeks, so you still have time to learn more about the project.

DM the username in the photo (TG) for more details

> This is a Coin on its Own Chain, Not an ETH or BNB Chain Token
> Launching November 21st 2022
> Over 350 Telegram Members
> Multiple Crypto Influencers are Calling Us Out on Launch
> Influencers are From Both Twitter and Telegram
> Many 4chan Bros Are in the Group, and are Utilizing their Bizraeli Networks
> 4chan Soft Fork in Development (4chan fork with our native coin as payment method for adspace)
> Each Social Media Page is Up and Running
> See Our Specs for More Details, Mining Pool and Block Explorer are Live November 21st 2022
> Our Website Will be Online by November 14th 2022
> We Have a Small CEX Listing Underway 7 Day After Launch
> Airdrops are Negotiable, Please Discuss with the Admins or Owner for More Details

>> No.52303309

>>52302621
No right behind you

>> No.52303316

>>52303289
Post reported and hidden :)

>> No.52303557

>>52302621
How exactly does one short crypto? It's not a stock.

>> No.52303729
File: 396 KB, 512x512, bill.png [View same] [iqdb] [saucenao] [google]
52303729

>>52303557

Kucoin > Futures > Short

>> No.52303760
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52303760

>> No.52303781

>>52303760
Adam who

>> No.52303789

>>52302786
Got SOL3S at .37 and am just riding this wave until it calms. Realistically, how low can SOL go?

>> No.52303797

>>52303289
i launched inside your mom last night ranjeet... say hi to your new brother for me in 9 months.

>> No.52303811

>>52303760
adam seems to be profoundly mentally retarded. hope it works out for him.

>> No.52304104

Sol is bleeding harder than BTC right now
>>52303789
Not sure but its still #11 with 7.7bn mcap, long pontential way to fall. just watch out for sharp, short lasting "rebounds" along the way

>> No.52305237
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52305237

>>52302621
Lel

Cleanest best pleasure

>> No.52305246
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52305246

Shorting to the moon, still plenty of room to get in

>> No.52305262

>>52303035
im waiting for it to drop more so i can place my limit buys, binance floor is still too high

>> No.52305268

>>52303557
same way, borrow the token and sell it

>> No.52305269

>>52305246
Yeah. Lots of defi faggots are getting liqd as it goes down.

>> No.52305275

>>52302621
Yes, I'm up 107% so far. Thanks to the anons who alerted everyone yesterday about the FTX debacle. My friend bitched out when everything rallied earlier today and almost lost 50% though, lmao. He sold when it fell back to breakeven.
>>52302769
kucoin, futures

>> No.52305312

>>52302621
Let's say a token goes from $10 to $0.
Does it matter if you get in at $10, at $5 or at $1? Don't you make 100% (multiplied by whatever leverage) in either case?

>> No.52305331

>>52305312
You're retarded. Stay away from leverage

>> No.52305476

>>52303005
>imagine a full blown sol meltdown
Filthy shit, I should have bought more Bitcoin, at least it's not melting this much
>>52303035
>fuck me
Not just you, i'm fucked too

>>52303729
>Kucoin
I do this mostly with Sylo, at least better than Solana that's bleeding non stop in my portfolio

>> No.52305578

Holding my short since 22 glad to see it started coming down more but this is just the start, i think we could see single digit

>> No.52306253
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52306253

https://youtu.be/Ji1gLZPeVpU

>> No.52306774

>>52302913
the fucking bahamians won't let me withdraw my gains!!

>> No.52306787

>up $11000 shorting Solana
>Down $28000 on my spot bags (which I don't even have a lot of)
I'm both impressed by myself and financial ruined