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/biz/ - Business & Finance


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File: 14 KB, 373x525, Kinetix Finance.png [View same] [iqdb] [saucenao] [google]
56540469 No.56540469 [Reply] [Original]

how much leverage is too much leverage? kinetix has x50 and that sounds mentally ill tier

>> No.56540530

>>56540469
x50 is indeed silly and nobody would ever need that imo. i've done x3 and x5 before and its cool. suicide didn't pop up on my mind when one of those failed miserably so that's why i think they are alright.

>> No.56540533

>>56540469
Any leverage is too much. Don't bother.

>> No.56540542
File: 64 KB, 1200x675, 1601247510280159.jpg [View same] [iqdb] [saucenao] [google]
56540542

>>56540469
Fifty is pretty much the max for most platforms. Kraken for example has that as the limit, too.
>>56540530
Pussy boy.

>> No.56540545

are you a poorfag gambler yes or no

>> No.56540546

If you want to get your ass liquidated ASAP then crank that shit up to its absolute highest values.

>> No.56540555
File: 1.45 MB, 498x485, 1666981131167967.gif [View same] [iqdb] [saucenao] [google]
56540555

>>56540533
BUT HOW ELSE AM I SUPPOSED TO SHORT BTC??????

>> No.56540565

>>56540530
this. if you're gonna fuck with leverage at least do so responsibly. more than 5x is straight up playing with lava in some hardcore casino-tier "all or nothing" strategy. It's just not worth it.

>> No.56540577

>>56540542
>if you don't want to financially ruin yourself for the rest of your life then you're a pussy

>> No.56540607

>>56540555
Short it like a normal fucking person.
>>56540545
Riddle me this.

>> No.56540636
File: 521 KB, 1106x1012, 1657015721085920.jpg [View same] [iqdb] [saucenao] [google]
56540636

>>56540469
>How much is too much
Depends on your situation. As the first nigga posted x10 is usually OK if you have the money. Trading crypto is already gamble-ish throwing in this shit makes it a thousand times more dangerous

>> No.56540637

>>56540546
nothing like losing 50% of your net worth. now that's the good shit.

>> No.56540650

>>56540607
>Riddle me this.
They're the people no one likes, They're the ones who steal your bikes, They're stupid, they are ugly, and they're all controlled by kikes. Who are they?

>> No.56540672

>>56540636
10x means that if the price goes down lower than 10%, you'll lose all of your collateral. Are you really sure it's a good idea?

>> No.56540679
File: 249 KB, 476x492, 1659545288941057.png [View same] [iqdb] [saucenao] [google]
56540679

>>56540650
Mumus, since they buy at the worst times and never make any money.

And also niggers.

>> No.56540769

>>56540679
Correct on both. We've finally got someone here who understands what's up

>> No.56540775

>>56540637
I'm guessing you've got plenty of experience in that regard?

>> No.56540783
File: 121 KB, 850x701, 1604132824920209.jpg [View same] [iqdb] [saucenao] [google]
56540783

>>56540542
Armpit.

>> No.56540835

>>56540650
pajeets

>> No.56540846
File: 309 KB, 220x280, 1697751403006342.gif [View same] [iqdb] [saucenao] [google]
56540846

>>56540533
>>56540545
>>56540546
>>56540565
>>56540637
Once btc spirals down back to 25k you'll have a different perspective on things. I guarantee you this.

>> No.56540887

>>56540783
Wanna lick 'em

>> No.56541649

>>56540469
always measure out your % risk vs entry ahead of time. If your position move % risk is less than 2% and you want to use the absolute minimum margin required, you will use 50x+ leverage.

>> No.56541801

>>56540469
2x-4x let's you spread out your bags if you think the market won't drop 50%-25%. I actually think holding a lot of different bags at 2x with proper stop-loss is a decent strategy.
5x-12x is harder to hold if you look at the charts all the time, and in a chart as volatile as crypto, I'm not willing to take it on for more than a day or two
Anything 15x or higher is practically gambling. 50x may as well be a donation.

>> No.56542412

>>56540469
Stay away from these platforms that offer more than 5x leverage to average accounts. You will get liquidated even if you use 3x. The exchanges are running a casino.

>> No.56542490
File: 103 KB, 511x263, 1194691344416.jpg [View same] [iqdb] [saucenao] [google]
56542490

>>56540469
It depends on many things. If you have to ask you're better not using it at all.