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

/biz/ - Business & Finance

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55357958 No.55357958 [Reply] [Original]

There was an anon on here last week that said all you had to do to make a million was 100x leverage long just as the bullrun was about to start and you could skip years of painful holding. AND OF COURSE HERE WE ARE AND I HAVE NO LIQUID FUNDS TO DO IT RIGHT NOW. WHY MUST MY LUCK BE SO BAD? FUCK ME. FUCK ME RIGHT NOW.

>> No.55357966

>>55357958
There needs to be more range bans on thread creation

>> No.55357973

You'd get barted before you even got off the ground

>> No.55358022

>>55357973
what if you longed again right after it scamwicked? or you do think its so rigged that no matter what you do with that kind of leverage youd always lose?

>> No.55358056

>>55358022
It is. The order books are permanently pinged. You reallly don't seem to understand how illiquid this shit is. If the market maker would want it could just locally flash it where it wamts liquidate you and nobody would care

>> No.55358455

>>55358056
Bingo.
This all is so gay I haven't made money on alts or anything since 2021

>> No.55358463

>>55358455
Only way to make money since November 2021 was stealing from those in the system, scamming. No new capital entered and for the past 18 weeks only capital exited

>> No.55358469

>>55357958
>>55357966
>>55357973
>>55358022
>>55358056
>>55358455

Leverage trading is a meme

especially in crypto

you will either get scamwicked out (if your margin is big enough) or they will find another excuse to close your trade or your entire account


you think you can just leave a 100x leverage long open? Exchanges arent in the habbit of handing out free money.

There will happen some sort of glitch or something with your account to kick you out

>> No.55358471
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55358471

>>55357958
It always sounds easy when you can't do it. If you could do it, it wouldn't go nearly as clean as you think it would go. It's nothing personal. It's just the way the brain works. The grass is not just greener on the other side. It's the best grass you've ever seen. The ease of the endeavor is ultimately an illusion.

>> No.55358472

>>55358463
Unfortunatly I'm too much of a moral fag to scam/steal
So I remain fucking fucked.

>> No.55358486

>>55358469
Depends on the margin though and leverage. My short can withstand a new ath with the cross collateral margin and the low leverage. Likely not going to happen because it would require fresh capital that exited. Longs on the other hand, no flash crash is impossible

>> No.55358491

>>55357958
I see people predicting the end of crypto and the golden bullrun on a daily. Just because it so happened to start after some retard said so doesn't mean he was on to anything other than pure luck, and you have no way of knowing which of the thousand predictions every day is the correct one

>> No.55358514

>>55358472
It's difficult to make money not scamming. You need to find an old project with some devs doing pumping for whatever reason and getting out on there pump. That's the most moral. Got lucky having found such a unicorn that is now totally rugged after the devs were done with their pump unvest dump. Though likely many got scammed

>> No.55358533

>100x
>He thinks market makers wouldn't move the chart 1% real quick to grab his order

>> No.55358545

>>55358514
Basically what I do but I've made so many bad trades since 2021 I don't think I could recover even 1/5th of my ATH without a miracle.
I want to be a fucking scammer bastard but my morals are too fucking strong, I can't turn away animals and I try to give everything a chance, besides people, I hate most people.
But I can't justify scamming them.

>> No.55358614

>>55358545
be happy. there are not just ex glowies, trolls, scammers and weird behaviorism researcher lurking and posting on this board. LEO is always present

>> No.55358620

>>55358614
Elaborate?
Not that you need too much I know this place is highly compromised.

>> No.55358634

>>55358620
>ex glowie
hi
>trolls
retards that make unfunny memes
>scammers
should be obvious
>behaviorism researchers
ever wondered why their are still icp, pnk and rlc threads, and about the entire weird chainlink spam and the frog thread we are currently posting in

>> No.55358737

>>55358634
Oh I know I just don't make threads anymore and typically hijack others threads to get what I might need or just simply ruin them.
Are you an ex glowie?
Hi

>> No.55358751

>>55358737
yep.
unless you want to shit up data gathered here, no need to make threads, the bots, the trolls and the researchers shit the board up enough

>> No.55358762

>>55358751
Pretty much if I see a guaranteed glowop thread I'll derail it sometimes, but I'm just a bored sickfag who enjoyed the real people who would visit this board, figured i could fuck up datamining and AI bots for the last few years which i have.
I post more on this board than any human alive.

>> No.55358797

>>55358762
there are not many humans left its a shame what those bastards did with this board int the name of "science", and the dataminers and scammers can be hardly considered humans, best thing to do is shit up their data here

>> No.55358821

>>55358797
Oh I have, there's a good reason why "ai" has become basically 4chan.
Incessent schizophrenic levels of autism and a major axe to grind.

Nearly every thread on 4chan specifically /biz/ has been datamine derailed or intentions misguided by me for years now.

Even when this board was completely dead I sat here making sure when these faggots return to treat them like Roddy Piper would treat an interview, until they either stopped or moved on.

>> No.55358848

>>55357958
Well you are retarded so you would just lose it all leverage trading. Don't pretend like you would somehow make only winning plays if only you had the cash to gamble.

>> No.55358850

>>55358821
Good job man, their entire invested resources should be considered by their clients as flushed down the shitter and worthless for their intentions. If there would still be something like ethics, those idiots would be sucking dick under a bridge. disgusting leeches. They see an open platform and think they can just misuse it. Its good that lawmakers are thinking about laws against that behavior, but its always a far way until something like that is implemented and enforced

>> No.55358864

>>55358821
Or maybe 4chan posters are just annoying retarded faggots?

>no, it HAS to be a conspiracy

>> No.55358871
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55358871

>>55358864
>posts on 4chan

>> No.55358886

>>55358850
I got cancer, so my goal was before I die do my best to wreck these fuckers financially like they did to me in 2021, I am personally responsible the exposure of Alameda among other things going on here.
Because when you're in my position, you got a major axe to grind and this doesn't start with crypto this goes back to my early childhood.
I hope these faggots have lost billions in wasted ventures here because of me.
I had an attempt on my life in 2021 still not entirely sure it was a random event.

>> No.55358905

>>55357958
Crypto leverage sites have bots to frontrun and eat the maximal amount of longs and shorts

>> No.55358966

>>55357958
Are you a underage fag or a cripple? Why do you have no money?

>> No.55358969

>>55358886
Hope you still have enough years to see them getting their deserved punishment, the small ones, the big ones go free of course, though I still wonder how many pockets daddy Friedman had to line to keep his spawn out of jail and out of a coffin, and who Sam ratted out, the process in October is certainly going to be fun.
They certainly did lose a bunch of capital and though crypto never had the best reputation they even managed to give it a worse reputation while fucking up their own slush funds. All the capital is currently just moving out and the ups and downs are just tether washing

>> No.55358979

>>55357958
I was in that thread and I still stand by my points 100x is RETARDED leverage, all it takes is a ~0.5% price change to completely liquidate you.
Just open a 2x long like a sane person.

>> No.55358985

>>55358969
Big ones typically wash their hands although, god is good and mighty, he isn't happy I can tell you that.
I've personally had spiritual experiences within these last few years which had hardened my resolve and allowed me to see through bad actors intentions and divert their will.

I hope I get to live long enough to see the curtain draw, I'm also very unhappy it takes someone in my condition to fight back against evil, as everyone lives their life thinking everything will be fine.
I can promise I've done more damage than any shooting or violent act could ever do.

>> No.55359053

>>55358985
Its the information age, information is power and feeding what breaks down to worthless information for their purposes into the machine is removing power from them, so yes, its worth more than lining them against a wall and just wasting bullets on them, though they would deserve it for the past 15 years and longer

>> No.55359103

>>55359053
Should have happened in 2011 with the signing of the NDAA act, but everyone was asleep.
My life could have been so much more different, but I know now why I was doing what I was doing for this moment in history.

I feel bad for our youth, and those without true critical thinking.

>> No.55359129

>>55357958
A million dollars in 2023 is like $100k pre-2020.

>> No.55359131

>>55359103
Oh yes, they got brainwashed and exposed to horrible psychological warfare against the own population from the cradle on.
Its going to be a rough awakening, when the recession really goes into the hot face, while they wait that somebody saves them, and nobody is going to do it. They are going to be angry and hopefully don't take the bait.

>> No.55359143

>>55359131
I'm afraid of what the bait will look like at this point, I've reserved my life to inaction mostly, I did my job as best as I could do with my limited resources and ability.

Unfortunately I don't expect anything good, why I have to do what I can to protect those I love.

>> No.55359155

>>55359143
Me neither, but I have a suspicion, and tell whoever you can to under no circumstances to go to any riots, that is where fish is caught for production lines and trenches

>> No.55359373

>>55359155
Absolutely I had to stop some boomer friends of mine to going to the Jan 6th event, they still thank me today would have ruined their family and they are pretty successful.

>> No.55361097

>>55359129
First goal remains that make a million first before determining it's current worth. Early retirement is the goal, daydreaming for the rest of my life feels even better, altcoinistdao research tool is the hack

>> No.55362083

>>55357958
I don't know a single profitable long-term trader.... even 5% a month is impossible without larger amounts (10s of BTC) or inside knowledge, just based on a fucking TA. Show me at least 10 examples, hell, even 5...

>> No.55362141

>>55362083
you are right tho. i have only lost when leverage trading crypto. it felt completely rigged-- like i was the only trader and the market maker was just hunting my shit immediately. all i could feel was, "wait arent there other people trading this shit?" but it really just felt like it was all fake volume until some actual sucker decides to trade and then get liquidated without delay.

theres countless TAfags and traders making videos but i cant recount a single one of them making live trades and winning consistently for viewers to see. if there are some show me.