/biz/ - Business & Finance

[Anonymous No.55971046]

I opened a 300k 75x short on BTC, entry 27538.
Liquidation price: 28k
Today a millionaire will be made. Watch and learn faggots.

[Anonymous No.55971057]

>>55971046
because of idiots like you were going to 29K first checkem

[Anonymous No.55971061]

>>55971046
I'm so happy for you kids!

[Anonymous No.55971068]

it will hit 28260 then dump

[Anonymous No.55971071]

>>55971046
It's forming a bull flag though...
Also post short or larp

[Anonymous No.55971075]

>Watch and learn faggots
>feminine trading

[Anonymous No.55971132]

>>55971046
Someone translate just wtf this all means?

[Anonymous No.55971139]

>>55971046
It will hit 28001 then dump back to 25000.

[Anonymous No.55971153]

>>55971132
bears got greedy. We're going to 30k unironically this week

[Anonymous No.55971158]

>>55971046
>28k
>not 29k
Youre fucked.

[Anonymous No.55971160]

>>55971132
people are still falling for the leverage trading meme in big 2023

[Anonymous No.55971173]

It means, if price goes to 28k, he'll lose 300k. Otherwise he'll make several million, depending on how long he can hold the short. Even if the market direction is bearish, he'll be liquidated first before it goes back down.

[Anonymous No.55971176]

>>55971046
>75x

[Anonymous No.55971191]

The SEC news is gamechanging. You would be an idiot to sell here.

[Anonymous No.55971198]

>>55971046
You are already a millionaire I hope if you are doing huge gambles like that

[Anonymous No.55971206]

>>55971046
Go for it man!!!!!

YGMI

[Anonymous No.55971208]

>>55971046
Anon is about to learn what liquidation means...

[Anonymous No.55971216]

liq inc in 1h xD

[Anonymous No.55971222]

>>55971132
he has the power of 300k multiplied by 75 saying that the price of btc will go down. If the price goes over 28k hes going to lose his 300k. Once it goes lower than 27538 he will make money assuming he didnt get blown out by the price swinging up first and raping his ass for the 300k

[Anonymous No.55971235]

>>55971222
What exchange are you using where 75x has 0 fees?

[Anonymous No.55971238]

>>55971046
so far so good OP but if I were you I think I would have put a liquidation price a bit higher, around 28.2k because prices like 28002 often get reached for a few seconds before going below 28k again
godspeed tho anon, wgmi

[Anonymous No.55971239]

>>55971046
AHHHH PETRA MANIFESTED

[Anonymous No.55971249]

>>55971222
It's already gone lower than 27538?

[Anonymous No.55971258]

>>55971235
I have no idea the only exhanges I use are non kyc and I never go over 5x leverage lol slow money but safe af

[Anonymous No.55971276]

>>55971249
yeah so for now hes in profit. he can close the position and take what he got or risk it and wait to see if itll go lower and increase the profit so long as the price doesnt wick up over 28k hell be good

[Anonymous No.55971291]

>>55971249
right, so OP has unrealized gains right now (barely). but it’s not real until he closes. but he’ll get liq’d before that happens

[Anonymous No.55971293]

>>55971222
>>55971276

What the hell does all this mean?

[Anonymous No.55971294]

>>55971046
RIP, OP.

[Anonymous No.55971300]

>>55971258
Same, but just be aware if you do more than 5x the price has to move a good percent before you break even. Using $300K * 75 = $22.5M is not free. OP's best bet is close at the loss of the fee before he gets liquidated. He is not gonna make a profit unless the 27288 support breaks significantly

[Anonymous No.55971302]

>>55971046
Pump Shib

[Anonymous No.55971304]

>>55971276
Is there a way to calculate how much he's in profit based on the price?

[Anonymous No.55971316]

>>55971291
>>55971276
See >>55971300

>>55971304
Not without knowing what fees he paid

[Anonymous No.55971328]

>>55971293
bruh re read the thread

[Anonymous No.55971335]

>I totally opened a short at virtually the literal top of this candle
No you didn't.

[Anonymous No.55971338]

>>55971046
P&L 80.something is not 300k

If he wins, his profit will be 1800 usd

[Anonymous No.55971346]

>>55971304
you can get a rough estimate but all you need to know really is when people put those amounts on the exchanges, the exhcnages will wash them out on purpose. easy money for them

[Anonymous No.55971387]

>>55971046
lol 27400

[Anonymous No.55971388]

>>55971346
This. The house always wins.

[Anonymous No.55971395]

Resistance breaking.

[Anonymous No.55971413]

gl OP

[Anonymous No.55971424]

>>55971395
>1min chart

See you at 23.5k retard

[Anonymous No.55971426]

he means 300,000 zimbabwean dollars

[Anonymous No.55971436]

>>55971424
>75x
Your first day?

[Anonymous No.55971447]

>>55971436
not OP ,i have a better short .3x only nothing insane

[Anonymous No.55971455]

>>55971424
I dont think anyones disputing 23k but dude it can easily hit 28 before, you got stop loss and all that shit?

[Anonymous No.55971462]

>>55971046
Hope you left some money aside to buy yourself a rope, OP.

[Anonymous No.55971470]

>>55971447
You'll probably be okay, but try reading the thread before spouting off your stupid opinions and calling people retards. You just wind up embarassing yourself.

[Anonymous No.55971488]

>>55971424
LOL someone sold their bitcoin to BlackRock and itsnt happy about it.

[Anonymous No.55971495]

>>55971470
what's there to read? you posted a 1min chart "breaking out" meme. I was very reasonable with my words.

[Anonymous No.55971508]

>>55971488
Checked

[Anonymous No.55971512]

anyone here doing spot? only ever done leverage myself. whats the play over there?

[Anonymous No.55971529]

>>55971495
>whats there to read
Obviously the fact that we are dealing with a 75x turboretard who doesn't know what a bull flag is. Are you actually retarded?

[Anonymous No.55971532]

I followed your steps anon.It's either we are right and make some money or the market goes full bull mode and we get liquidated.It's a W either way

[Anonymous No.55971549]

100k EOD

[Anonymous No.55971554]

>>55971529
He has a liquidation at 28k,who gives a fuck about 0.4% triangle breakout you fucking mongol?

[Anonymous No.55971556]

>>55971235
MEXC 0/0.01% maker taker

[Anonymous No.55971560]

>>55971424
>See you at 23.5k
Two more weeks

[Anonymous No.55971574]

>>55971529
>bull flag
kek

the etf aint granted tard, just up for further review

[Anonymous No.55971594]

>>55971554
$22.5M x 0.4% = $90K
Seriously, are you actually retarded? It's okay if you are, I just need to know how much to dumb this down for you, lil guy.

[Anonymous No.55971602]

retest and hes fucked

[Anonymous No.55971608]

>>55971512
I swing spot only. You need serious capital for serious profit. As long as the market holds, the risk is pretty minimal.

[Anonymous No.55971610]

>>55971574
>following events
Never read the news. The news is written after charts move to explain what happens. You should know this if you've been on /biz/ for more than 2 days

[Anonymous No.55971619]

>>55971512
>anyone here doing spot?
inb4 SWINGERS GET THE ROPE

[Anonymous No.55971620]

>>55971594
are you a brookie? The man knows what he's going to lose, your shitty triangle means nothing. This is a big boy table go back to trading 5k positions

[Anonymous No.55971636]

>>55971620
Lol okay chief stick to that nice .3x that you mentioned, ygmi by 2087.
I swear this board is full of the most colossal retards.

[Anonymous No.55971645]

>>55971610
today's events are whats driving the price. meks sense duznt it?

[Anonymous No.55971650]

How you holding up OP

[Anonymous No.55971654]

> shorting BTC and not just shitcoins
Anon I..

[Anonymous No.55971663]

>>55971636

[Anonymous No.55971677]

>>55971663
>this is u
Lmao Nice talk. Now off to /r/lgbt with you lil kid! You have to be 18 to post here

[Anonymous No.55971756]

>>55971153
we're going 30k today

[Anonymous No.55971778]

>27899
hahahahahahhahaha

[Anonymous No.55971786]

>WHY DO TRENDS BREAKING ON THE 1m CANDLES EVEN MATTER? LMAO
I am seriously laughing atm

[Anonymous No.55971788]

>>55971620
> big boy table

See that green box in op‘s chart? It tells you numbers. 300k was a lie.
If he wins, his profit will be usd 1800

So much for big boy table

[Anonymous No.55971790]

op...

[Anonymous No.55971791]

OP is now sweating buckets. Get reKt faggot OP. “Shorting” the most scarce sought after perfect money humanity has ever seen. Seriously room temp Iq stuff faggot OP

[Anonymous No.55971797]

[Anonymous No.55971801]

v3.aggr going nuts rn lmao

[Anonymous No.55971806]

is OP going to be sucking on a juicy green dildo?

[Anonymous No.55971808]

>>55971778
And it immediately rugs from here...looks like dishonest short hunting

[Anonymous No.55971824]

He's done.

[Anonymous No.55971831]

etfs are a nothing burger
nothing more than bots front running sentiment

[Anonymous No.55971830]

>>55971791
you will never be a woman

[Anonymous No.55971835]

>>55971046
I hope you were larping, anon

[Anonymous No.55971849]

Did OP get liquidated yet?

[Anonymous No.55971850]

>27.7k

[Anonymous No.55971851]

>>55971046
Getting nervous, OP?

[Anonymous No.55971852]

Ace Queen OP. Learn poker first noob.

[Anonymous No.55971859]

>>55971046
aaaaaaand goodbye

[Anonymous No.55971864]

>>55971046

hahahahahahahahhahaahahahahahahahahhahaahahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaahahahahahahahahhahaa

[Anonymous No.55971867]

>27.9k

[Anonymous No.55971870]

27,979.99

[Anonymous No.55971880]

>27,941
LFG

[Anonymous No.55971881]

>>55971046
Anon, I...

[Anonymous No.55971886]

>>55971046
>Today a millionaire will be made

[Anonymous No.55971890]

>>55971046

REKT

Please post a photo of your face OP, I need to see it

[Anonymous No.55971892]

Press F to pay respects.

[Anonymous No.55971898]

>>55971046
Any last words?

[Anonymous No.55971899]

F

[Anonymous No.55971901]

Bet OP's true liq point is 29.5K,you all getting clowned on

[Anonymous No.55971902]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.55971905]

>>55971892
S

[Anonymous No.55971906]

>>55971046

[Anonymous No.55971909]

>>55971046
no anon, not like this...
if you arent liquidated yet it was close so far...

[Anonymous No.55971911]

>>55971046
>entered at 11:13 EST
>BTC dipped below 27.3K at that time
Anon, how retarded are you?

[Anonymous No.55971916]

>>55971901
Funny, that's our next stop.

[Anonymous No.55971923]

WTF WAS THAT

[Anonymous No.55971924]

It's done

[Anonymous No.55971926]

Sorry OP

[Anonymous No.55971927]

F

Dear diary, today OP was a giant faggot again.
He shorted an upward movement, and didn't wait for the trend to die.

[Anonymous No.55971931]

>>55971046
pls don minecraft yourself, just try to cope by hating the jews

[Anonymous No.55971935]

Thanks for playing retard

[Anonymous No.55971938]

>>55971046
LOOK AT THE TOP OF HIS HEEEAAAAD

[Anonymous No.55971942]

AHHAHAHAHAA

[Anonymous No.55971947]

[Anonymous No.55971948]

op liquidated

now dump to 22k

[Anonymous No.55971956]

back to 26k now

[Anonymous No.55971959]

>>55971046
pls let it go to 25k now AHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.55971963]

>28k
Lol

[Anonymous No.55971964]

And just like that OP has lost all his money. As usual with bobos.

[Anonymous No.55971965]

>>55971916
Yes,we just need to move our liq. goalposts up and up and before you know it,the bull starts

[Anonymous No.55971967]

lol lmao OP

[Anonymous No.55971970]

I hope everything is ok for OP

[Anonymous No.55971977]

>>55971046
>1 post by this ID

[Anonymous No.55972007]

posting in ebin thread

[Anonymous No.55972013]

I can't believe this shit. It took me years of hard work to get those 300k. I just wanted to buy my mom a nice house.

[Anonymous No.55972014]

If I had 300k I would just farm stables and move to SEA. Shane on you OP.

[Anonymous No.55972016]

>>55971238
WHAT DID I TOLD YOU ANON???
IT'S ALWAYS THE SAME THING HAPPENING
NEVER PUT ORDERS THAT ENDS WITH xx000$

[Anonymous No.55972026]

Bogdanoff sends their regards. Thanks for playing OP

[Anonymous No.55972030]

>>55972013
dont worry OP she can cum stay with me

[Anonymous No.55972033]

>>55972013
bears get what they fucking deserve

[Anonymous No.55972032]

>>55972013
First for HAHAHAHA

[Anonymous No.55972036]

>shorting or longing during the eternal crab
You niggas can't be helped. Just accuuuuuuumulate.

[Anonymous No.55972041]

>>55972013
Lesson learned, only short after hype dies down.

[Anonymous No.55972044]

>>55972013
i hope youre trolling anon

[Anonymous No.55972049]

>>55972013
you can make it back, just buy some btc and forget about it until 2025

[Anonymous No.55972051]

>rising wedge on the 2H chart
God it would be so funny if we dumped

[Anonymous No.55972055]

>>55972041
yeah, too many indicators to feel bad for doing something so retarded

[Anonymous No.55972056]

>>55972013
Thanks for the money bro. I will make great use of it.

[Anonymous No.55972057]

>>55972036
Retweet

[Anonymous No.55972061]

>>55972013
yikes

[Anonymous No.55972065]

Now that OP got liquidated, we can resume the dumping to $12k.

[Anonymous No.55972069]

>>55971046
classic

[Anonymous No.55972071]

>>55972013
GET LIQUIDATED YOU LITTLE FAGGOT
CANT WAIT TO MASTURBATE TO YOUR LOSSES LATER

[Anonymous No.55972074]

>Just opened a 300K = 20 millie put on Bitcoin @ 27538
>*Price is @ 27855*

[Anonymous No.55972080]

>>55972013
Man that's sad.
I'm sorry anon, I really feel for you.

[Anonymous No.55972091]

>>55972080
You gonna feel bad for him when his next post asks you for money?

[Anonymous No.55972100]

oh boy

[Anonymous No.55972106]

>>55972091
never trust what pink id says

[Anonymous No.55972127]

>>55972106
>red id
I don't know who's jewing who

[Anonymous No.55972220]

>>55972127
I'm in pain but I don't lie to anons

[Anonymous No.55972254]

>>55972013
anon, you got those 300k, why didn't you just use that to buy your mom a house? Isn't 300k enough for a decent one away from downtown or shithole California?

[Anonymous No.55972274]

>>55972013
Thanks for playing.

[Anonymous No.55972285]

>>55972013
cunny posters get what they deserve

[Anonymous No.55972288]

>>55972013
this comic was fucking creepy

[Anonymous No.55972300]

>>55972013
lol now you cry like a tranny after acting like a hard ass in the OP

[Anonymous No.55972304]

27.9k, 28k in the next hour

[Anonymous No.55972318]

>>55972013
another mutt gets the rope

[Anonymous No.55972339]

>>55971046

LMAO fucking retard bobo faggot.

[Anonymous No.55972340]

Back to farming runescape gp...

[Anonymous No.55972341]

>>55971046
Seething and coping and rattled and projecting all in one at the same time

[Anonymous No.55972348]

>>55971046
Imagine valuing 300k so little you gamble it on this. You're either rich as fuck or dumb as fuck.

[Anonymous No.55972351]

rip in pepperonis OP

[Anonymous No.55972378]

I don't get it. Can't he just hold untill it goes down again? Or does this short only last so long and he paid for it?

[Anonymous No.55972379]

>>55971046
>>55972013
Larp but if not liquidated

[Anonymous No.55972406]

>>55971046

Muahahahahahahahahahahahahahahahaha

[Anonymous No.55972418]

Hey, cool it with the antisemitism, everyone

[Anonymous No.55972422]

>>55972378
Welcome newfriend. OP lost his $300k collateral because BTC broke his liquidation price (28k). Once the liquidation price is hit, even if just for a second, the exchange takes your collateral. No refunds.

[Anonymous No.55972441]

>>55972013
you fucking retard, you're at the precipice of the worst economic downturn and you fumbled the bag by being a degenerate gambler... Learn your lesson quick and just accumulate while you can so you can but the bottom.

[Anonymous No.55972443]

>>55972378
>Can't he just hold untill it goes down again?
This is your counterparty, and you're not a millionaire?

[Anonymous No.55972444]

>>55972378
He's doing some gambling shit

[Anonymous No.55972450]

>>55972422
>Welcome newfriend. OP lost his $300k collateral because BTC broke his liquidation price (28k). Once the liquidation price is hit, even if just for a second, the exchange takes your collateral. No refunds.
modern trading sounds like a practical joke but actually life changing

[Anonymous No.55972506]

>>55971046
oops

[Anonymous No.55972511]

>>55972422
Thanks man!

[Anonymous No.55972523]

>>55972127
haha i get it wen the big nose jewish man is pointing to the right with his right hand and pointing to the left with his left hand while his eyes go in twirly motions picture LoL!

[Anonymous No.55972538]

>>55972450
youre not wrong, at this point in the game theres a lot of people to learn from, it just depends what strats fit your goals. the downside can be obsession and not being excited by anything anymore

[Anonymous No.55972558]

Don't worry OP, I lost 800k in crypto and feel absolutely nothing. It's not real money so it doesn't make you feel bad.

[Anonymous No.55972563]

>>55972523
Very good! You should realize we as a community hate jews and support Hitler. Mods will ban and seethe for this post but it's true.

[Anonymous No.55972572]

>>55972013
lmaooooooooooo i hope you're trolling nigger haha

[Anonymous No.55972576]

>>55972014
Where can you farm stables?

[Why? No.55972591]

>>55971046
enjoy sucking dicks for the rest of your life. Kek.

[Anonymous No.55972622]

>>55972013
Pump Shib sir.

[Anonymous No.55972634]

>>55971222
>he has the power of 300k multiplied by 75
lol no, no way the guy put up 300k of his own margin, and the exchange allows him to make such a large short.

His position is 300k. Meaning he put in ~4k himself.

[Anonymous No.55972642]

I TRIED SO HARD
AND GOT SO FAR

[Anonymous No.55972687]

OHHHHHHHH OOOOOOOOOOOOOOOPPPPPPP

[Anonymous No.55972717]

>>55972634
whoops lol big oversight there

[Anonymous No.55972746]

>>55972634
>>55972717

I think this too, however, you can't become a millionaire with a max potential of 300k.
You'd need to short with 300k to become a millionaire.

[Anonymous No.55972749]

>>55972634
>It took me years of hard work to get those 300k

[Anonymous No.55972887]

So if the price of bit coin went down by 1000 how much would op have made? Assuming no fees for argument sake.

Sorry and thanks in advance

[Anonymous No.55972891]

>>55971173
>>55971222
>>55971426
>>55971300

That's like 4k usd on 75x you ABSOLUTE CLULESS POORFAGS

YOU CUNTS GETING EXCITED OVER SOMEONE LOSING LUNCH MONEY LMAOOOOO


THE ABSOLUTE STATE OF THIS BOARD

[Anonymous No.55972911]

>>55972891
you are poor

[Anonymous No.55972921]

>>55972891
this, OP is a larping faggot. He lost 4k at worst. With 75x leverage Binance limits you to 250k after leverage (250k/75:3333).

OP in fact did not even lose 4k, more like 3k.

[Anonymous No.55972998]

>>55972921
OP not even lapping technically it is 300K short but you can see on pnl box its 4k short made 300k by using 75x leverage

What blows my mind there are like 300 posters who have no idea how this shit works but got baited in gloating someone loosing few k, tells you all you need to know about state of bit 2023


2018 bitmex master race reporting in btw

[Anonymous No.55973001]

>>55972921
Lol probably got it from begging

[Anonymous No.55973009]

>>55972887
About 216k profit if we assume >>55972921
is correct with 3k actual leverage.

[Anonymous No.55973038]

>>55971132
There are people out there who tell lies on the internet

[Anonymous No.55973037]

Its going to 30k

[Anonymous No.55973089]

>>55973009
>216k profit
how are you calculating that? I calculated around $10k profit (assuming actual margin was 3-4k)

[Anonymous No.55973123]

>>55972013
HAHAHAHHA fking idiot

[Anonymous No.55973238]

>>55973089
Now that you say, I forgot to inverse:

What I did:
26500 / 27500 * 75 * 3000 = 217k
(Buy-in / Sell) * (Margin) * (Put) = Profit

In actuality: (1 - 26500 / 27500) * 75 * 3k = 8k profit

[Anonymous No.55973244]

>>55972013
Today OP was still a faggot but he delivered

[Anonymous No.55973248]

>>55973089
>>55973238

Sell / Buy-in***

Fuck me I have a burnout since a year, can't sleep at all

[Anonymous No.55973258]

OH NO NO NO OP REKT SOON

[Anonymous No.55973272]

>>55973258
OH WAIT HE ALREADY DID LMFAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.55973293]

oh shit, maybe the market is actually heating up. been a while since we had a bobo hunt on the board

[Anonymous No.55973350]

>>55972013
If not LARP could have just bought BTC/ETH and hold it for a few years until the bullrun and sell at top. Instead you went for the gambling short term option, you only have yourself to blame pal, my condolences.

[Anonymous No.55973359]

>>55972746
Most likely he's just lying, or his short wasn't entirely at a single price and he just scaled it up.
75 * 300k = 22 million dollars, why would an exchange just allow that? They're on the hook if his position doesn't get liquidated in time.

[Anonymous No.55973389]

>>55971046
I once had a $3k short on ETH at 25x leverage on kucoin futures. It spiked up $200 or something crazy. This was when it was between $1k and $2k 6+ months ago, I can't remember exactly what it was.
It way WAY beyond my liquidation price
But it didn't liquidate me. It went back down and I closed my position at a fairly tolerable loss (like 20%)
There must have been lower price liq orders below mine that took precedent or something. My butthole has never been so clenched before or since then. It was at that moment that I exited futures/margin trading forever.

[Anonymous No.55973399]

>>55971191
What's the news ?

[Anonymous No.55973434]

>>55972013
HAHAHAHA

[Anonymous No.55973526]

>>55972044
Kys redditfag

[Anonymous No.55973565]

>>55971046
He's about to get liquidated, then price will ironically drop back down to 26k hahaha

[Anonymous No.55973599]

>>55972558
>800k
Admirin' the discipline. I would kill myself or get very depressed

[Anonymous No.55973674]

>>55971046

[Anonymous No.55973682]

>>55972013
this is bait.
tell me this is bait.

[Anonymous No.55973689]

>>55971160
Cope that liq harder

[Anonymous No.55973694]

>>55971046
Your biggest mistake was thinking a chink crypto exchange was going to allow you to cash out millions, they will scam wick up or down to liquidate large positions like yourself.

[Anonymous No.55973738]

That really pumped huh, op? Maybe should have waited a little

[Anonymous No.55973779]

>>55972288
link?

[Anonymous No.55973961]

>>55973779
>>55949856

[Anonymous No.55974041]

Im a fucking retard and i never leverage/ short.. but can someone explain to me at what price OP loses everything , and at what price will he be a "millionaire" ??

and is he already doomed or not?

[Anonymous No.55974144]

>>55972013
Thanks for playing, better luck next time

[Anonymous No.55974181]

>>55971046
in these types of situation when the market goes crazy on some news type of situation the proper gamble is to take 75x leverage in both ways with an amount you can miss and then hope the moves of the day are enough to break some serious resistance and land you the big bank
at least in crypto you just lose your collateral and cant be held liable for more than that so this strategy is quiet viable, but this is too much alpha for /biz/

[Anonymous No.55974205]

>>55973359
>why would an exchange just allow that
exchanges know the vast majority of traders blow themselves up on leverage so most orders dont go to market and the exchange just keeps all the money for itself
unregulated markets and all
real black pill there are many rumors real brokers do the same to newbie retail accounts and just hide the evidence better

[Anonymous No.55974241]

>>55973389
it uses a price different from the futures price to determine liquidation I believe

[Anonymous No.55974308]

>>55974041
Assuming OP isn't larping (he is), he would lose the 300k that he leveraged, according to him, at 28k. That's the first giveaway of this being a bad larp, other than the fact that no respectable /biz/tard with a net worth of 300k posts here anymore, that at 75x leverage, with his entry of supposed entry of 27538, he would get liquidated way before price got to 28k. At 75x leverage hIs real liquidation, assuming he isn't larping (which he is), wouldn't be any higher than 27800. At that price he would have lost everything.

If price went in his direction he would have made his first million at 26620, and then another million every 3.3% drop from his entry.

[Anonymous No.55974323]

say the line bart

[Anonymous No.55974359]

>>55974308
Thanks for the reply my good anon-kun.
Yeah i dont see why someone would gamble with 75x between something as tiny as 27500 to 28000... wtf lol.

Especially the very moment this stuff pumps.

[Anonymous No.55974402]

>>55974359
Well, if he went long instead, he would have made a fair bit of money. But it was too late in any case, most of the move had already happened.

[Anonymous No.55974595]

>>55974402
No way, if he went long his retarded ass still would’ve been liquidated with how little room there is for error

[Anonymous No.55975445]

>>55971208
LOL

[Anonymous No.55975639]

>>55972418
Fuck you Kike.

[Anonymous No.55975741]

>>55972013
Classic.

[Anonymous No.55976204]

>>55971046
Why would you set your liquidation price at a round number? You need to quit right now

[Anonymous No.55977165]

I honestly hate you faggots so much. fucking retards like this are what used to make biz great. fucking retard legend here. larp or not, stop hating on him and just enjoy the show nufags

[Anonymous No.55977257]

poasting in epic bread

[Anonymous No.55977414]

>>55972013
Asshole blown out forever.
Gonna take like 5 more years to gain that money back. Rip

[Anonymous No.55977421]

>>55972013
you low iq gambling gorillanigger
i bet you dont even hold actual stocks
you could have doubled it in three years on covered calls alone
thanks for playing

[Anonymous No.55977619]

Smells like fucking pajeets in here. Holy shit.

[Anonymous No.55977687]

>>55971046
>>55972013

[Anonymous No.55977691]

>>55971046
>>55971057
yep we will bounce under 30k and then his 22k

[Anonymous No.55977984]

>>55972013
>>55971046
I hope you can buy your mom a house with these (You)s.

[Anonymous No.55977995]

>>55973682
>

[Anonymous No.55978002]

>>55977619
you racist ser?

[Anonymous No.55978008]

>>55972013
I have done the same mistake.

[Anonymous No.55978033]

Legend

[Anonymous No.55979632]

huh?

[Anonymous No.55979644]

>>55979632
>bumping your own dead thread
cringe

[Anonymous No.55979647]

>>55979632
did you get liquidated or not?

[Anonymous No.55979671]

any update? show PNL so far

[Anonymous No.55979782]

Ou pea is making money

He will get greedy and lose it all though

[Anonymous No.55980493]

i gigasnoffed because of you

thanks

[Anonymous No.55980569]

>>55979671
If he used sensible leverage he'd in profit right now.

[Anonymous No.55980611]

>>55979671
It's a shitpost

[Anonymous No.55981308]

>>55971046
Got wrecked for 68k aud in march this year doing the same thing on ftm. Be careful they will pump it to shake you out before the dipper.

[Anonymous No.55983237]

>>55971046
Either troll or not, LEARN FROM THIS GUYS.

N E V E R D O A N Y M A R G I N T R A D I N G


J U S T H O D L

reply hodl if you approve this message

[Anonymous No.55984416]

>>55983237
reddit nigger faggot go back

[Anonymous No.55984802]

>>55984416
spot one more idiot who lost money of margin

[Anonymous No.55985453]

>>55983237
hodl

[Anonymous No.55985520]

>>55972013
you're fucking lying
why would anyone short the lowest fucking volatility coin there is??????????

[Anonymous No.55985553]

>>55972013
Put me in the screencap.

[Anonymous No.55987400]

>>55973350
Based chad, bagging blue chips before the next market cycle is a better choice. I'd be sure to store mine in a non-custodial wallet for security away from hackers.

[Anonymous No.55987413]

>>55971046
Based

[Anonymous No.55987554]

>>55987400
For more security against the quantum computers I will migrate to a quantum resistant L1 when it goes live.

[Anonymous No.55987557]

>>55971046
Where do u go to open something. Like that

[Sean of Advice, The Strategist, The Bard, & Lore Master No.55987568]

>>55972013
Pls be fake

[Anonymous No.55987570]

>>55971046
thanks just bought 100k

[Anonymous No.55987629]

>>55972013
Keep working hard.
The apollo program made a lot of mistakes before going to the moon.

[Anonymous No.55987641]

>>55987629
Kek...just accumulate or DCA is what we need to do. I am doing that especially with alts like EGLD, METIS and QANX.

[Anonymous No.55987892]

>>55971160
Certain folks are just stuck, man. I've moved on from that. My focus is on utility investments, and right now, I'm fully backing KREST. Not to mention, I'm eyeing those rewards from the upcoming PEAQ airdrop.

[Anonymous No.55987932]

>>55979632
are you ok brah?

[Anonymous No.55987995]

>>55987641
DCA's solid, but it's gotta be on the projects that are really shaking things up. Peaqnetwork's the one pushing the boundaries of web3, AI, and DEPINs tech – that's just what I'm saying.

[Anonymous No.55988288]

>>55987641
I can't wait to see EGLD up again. CYMI is another one to keep an eye on.

[Anonymous No.55988556]

>>55971046
Bears got greedy, OP. Hold for 70k, Anon. I'm scooping up ADA and KREST for the long term.

[Anonymous No.55988617]

>>55987995
That badass allows me to own a fraction of Tesla on Eloop and profit from the daily revenue stream.

[Anonymous No.55988656]

>>55972013
I opened a 50x short with $100 and I’m up $24. It’s that easy

[Anonymous No.55988664]

>>55972013
>Watch and learn faggots.
Thanks for teaching us what not to do

[Anonymous No.55988679]

>>55987892
The airdrop were meant for Anons that hold at least 2k of the Peaq Canary Chain token in a non custodial wallet, Anon.

[Anonymous No.55988720]

>>55971057
This

[Anonymous No.55988769]

bamp

[Anonymous No.55988785]

how is this thread still alive

[Anonymous No.55989389]

>>55974205
got a source on that buddy?

[Anonymous No.55989450]

>>55988785
Bump

[Anonymous No.55989960]

>>55979632
lmfao

[Anonymous No.55991517]

you cant open 75x position with 300k

[Anonymous No.55991920]

Timing your entry is vital.
Inagine you made the exact short but 48h later

[Anonymous No.55991938]

>>55971046
Why do people hate on margin trading so much? Even if you use relatively small amounts of money (few hundred to a few thousand) you only need ONE to hit in order to make it if you're fucking around with large amounts of margin right?

[Anonymous No.55991956]

>>55971046
how u holding up

[Anonymous No.55991958]

>>55991938
you will be destroyed by the math
>lose 50%
>need 100% to break even

[Anonymous No.55991986]

OP the price is now lower today how do you feel

[Anonymous No.55992019]

>>55991938
same logic applies to shit-coins, only need 1 hit to make it. But like 99.9% will just shit the bed, and you'll lose it all.
If you're a good trader and set targets on when to get in and out, you can make some gains, but probably not for most people.

[Anonymous No.55992025]

>>55971046
Where do you even short with that kind of leverage?

[Anonymous No.55992056]

>>55988785
The only reason I can think of is that the glowniggers who run this site are hoping it persuades anons to do leverage and get btfo by the glowniggers who manipulate crypto.

[Anonymous No.55992072]

>>55991938
only takes 1 mistake or mistimed stop order to get liquidated and have to start from zero again, personally i like to just put in 50-100 dollars into these high leverage platforms and see how far i can go without getting liquidated best ive done is 50 to 10,0000 before being fucked

[Anonymous No.55992082]

>>55972013
bro if you saw the chart now.. I would kill myself if I was u desu fr fr no cap

[Anonymous No.55992090]

>>55991920
yea it would have randomly pumped to slightly above my liquidation price then dumped violently a few seconds after anyways

[Anonymous No.55992116]

>>55991938
i hate and love it. I have lost a lot and made a lot too, you learn to get desensitized from money and even if you're doing a bad trade you need to stop loss and start again.
I never do more than 25x, usually do 7-10x. With a margin around 20k usdt. If Op isn't lying he is retarded going 75x

[Anonymous No.55992312]

>>55971158
I would just like to say that im drowning in money from the short. Made 200k

[Anonymous No.55992831]

>>55988556
Saw Krest during the campaign on Fundrs. I can't wait for the next Fundrs gem.

[Anonymous No.55992844]

>>55988785
It's dumping now so it's extra funny.

[Anonymous No.55993129]

op is genius
short to make some
>WGMI frens

[Anonymous No.55993151]

OMG OP has the biggest dick on this site right now

[Anonymous No.55993199]

>>55993151
he got fucked though, read the thread

[Anonymous No.55993673]

>>55971046

Holy fucking shit. OP got blown out only for price to reverse and actually hit his price target!

Literally and absolutely bogged!

[Anonymous No.55993693]

>>55993673
No doubt liquidation hunters were lurking this thread and wanted to fuck op as hard as possible

[Anonymous No.55993704]

>>55971046
>>55993673
The billionaire whales must have seen this thread, pumped it up to 28k just to liquidate the OP faggot, and THEN it dumped down to OP's goal.

I bet he's buying rope as we speak. If he JUST waited several more hours, he would have been a multimillionaire now.. assuming he wasnt LARPing

[Anonymous No.55993802]

>>55971046
Fucking noobs everywhere.
This should be another lesson for you. This kind of things happens more often than you think. And no, there's no conspiracies that the big banks/elites are deliberately trying to bankrupt you. Once again, this happens so often that you will think that the world is going against you.

What could happen in the market will happen. You better make a safeguard against every scenario.

[Anonymous No.55993827]

>>55993693
naw this is just the standard story of a guy with B+ intelligence being overconfident and fucking himself up the ass.

[Anonymous No.55994064]

>>55971046
congrats on this my nigga (if not a larp)

[Anonymous No.55994091]

>>55994064
nvm i zoomed in your ass is definitely trapped in that wick somewhere lmao

[Anonymous No.55994124]

If you havnt figured it out, OP is a whale. He made this fake thread then pump and dumped btc for old timey lulz. When you go from basement dweller to billionaire in a decade, sometimes its the simpler things that bring you the most joy.

[Anonymous No.55994453]

>>55972013
tfw I recognise this artist

[Anonymous No.55994709]

>>55988656
I ain't trading though I'll just buy and hold. RDNR, SPOOL, and CTSI will be good options.

[Anonymous No.55994889]

>>55971046

This aged like rotten milk

OP is on suicide watch

[Anonymous No.55994953]

>>55971293

It means you need to read more on leverage

OP basically bet that the market was gonna correct itself down to the 26k price, putting his 300k as collateral if the price went up.

The price went up, liquidated OPs funds, AND THEN it corrected back to 26k

If you have $10 worth of crypto, you're currently better off than OP.

And yes, OP should be on suicide watch rn

[Anonymous No.55995332]

>>55979632
you already got liquidated, retard. the recent price drop was too late to save your butt cheeks. what you mean HUH?

[Anonymous No.55995422]

>>55984416
How did you manage to type reddit

[Anonymous No.55995436]

>>55972013
If not a LARP, I’m sorry anon. Chin up. We’ve all been there.

[Anonymous No.55996006]

RIP 300k. you shouldve short yesterday LOL