Shorting

[Anonymous No.56773706]

Guise I posted a bread a few days ago but no-one explained. How do I short? I've looked up leverage tokens like BLVT (BTCDOWN for a example) and they seem sketchy; rebalancing (which I don't fully understand also) seems like they're all the risk and only some of the reward. So- how do I short? What is fees, what is liquidation, how is it calculated, how are profits calculated? Pls someone halp
>Pic unrelated

[Anonymous No.56773938]

>>56773706
>How do I short?
https://app.tigris.trade/

>What is fees, what is liquidation, how is it calculated, how are profits calculated?
https://docs.tigris.trade/tigris/first-time-trading
https://docs.tigris.trade/tigris/fees-and-trading-guide

[Anonymous No.56774049]

>>56773938
Thank you anon. I tried the Buhnance guides and it just scrambled my head

[Anonymous No.56774224]

>>56773938
I think I understand a little better. But do I fund a trade with stables even it that's not the asset I'm trading? So I short BTC/USDT with DAI for a example? Have you had much experience with Tigris, are they reliable? Not running a liquidation engine like Arthur Hayes used to?

[Anonymous No.56774252]

>>56773706
the time to short was in 2022. if you short now you will lose all

[Anonymous No.56774316]

>>56774252
Thanks for looking out for me. I'm not shorting now. Plan your trade and trade your plan; I have 3 sell triggers each for 25% of my stack. Flip to stables and send to cold storage. The remaining 25% I plan to use to short the market when the time comes, but until I understand leverage and margin I don't know how much to put in each time and how much will be at risk. It's all just research for now

[Sage No.56774339]

>>56773706
>>56773938
buy an ad nigger

[Anonymous No.56774466]

>>56774339
Actually not samefagging but since your here, do you know the difference between margin and leverage and if so can you explain it to me?
>>56773938
Got a referral link? Level 0 or level 1, I can't promise I'll use it but might do. Minimum position size $2500 isn't putting me off, but also that's likely to mean maybe there isn't much liquidity so I might be trading against no-one

[Anonymous No.56774497]

>>56774339
See this is me phone posting with WiFi off. Notice ID isn't >>56773938 ID

[Anonymous No.56774790]

>>56774224
>So I short BTC/USDT with DAI for a example?
Yes

>are they reliable?
Yes

[Anonymous No.56774807]

>>56774339
>anon asks for help
>I give help
>I get insulted by random anon who goes on every thread posting "buy an ad"

aaaaah I love biz

[Anonymous No.56774833]

>>56774466
>difference between margin and leverage
margin is how much DAI you decide to spend

leverage is multiplying that DAI and the exchange lends it to you

more leverage = more risk of getting liquidated

[Anonymous No.56774995]

>>56774833
Thank you. Finally, I think I get it!

[Anonymous No.56775107]

>>56774995
be careful though, if you use high leverage it's way riskier than spot trading

[Anonymous No.56775132]

>>56775107
Thanks. When I work out how much funding I need to keep, I can work out my trades. It's going to be low frequency high conviction only, maybe 5k a time knowing the first few are going to get stopped out. But when I catch the big move down, it'll pay off and if not, I only lose low 5 figures

[Anonymous No.56775211]

>>56775107
https://coingape.com/decentralized-exchanges-for-leverage-trading/
Just found this. Fees look way lower pretty much anywhere else. 0.01% to 0.02% whereas Tigris is 0.05%. You used any of these? How did you come up with Tigris, are you staking xTIG or whatever it is?

[Sage No.56775257]

>>56775211
Just use gmx you retard it's the dex with the most liquidity. Theres literally no point in using these copycat shit exchanges unless they are doing a trading competition