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/biz/ - Business & Finance

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7233510 No.7233510 [Reply] [Original]

Just went long on BTC with 100x margin. Liquidation at 8700. Closing at 8900-9000.

>> No.7233598

godspeed anon

>> No.7233638

prepare for liquidation fag, you did this WAY too early

>> No.7234712

OP here.

I was within $10 of being liquidated, but looks like it's going back up now. Dodged a bullet there. Anyone else sweating with me right now?

>> No.7234758

>>7233638
this, I used to try to call the reversal with 100x and got fucking burned every time. don't bother op.

>> No.7234808

>>7234758

It's only with 2 ETH so it's not the end of the world if I lose it. I am very bullish on BTC right now though.

>> No.7234896

>>7234808
Never did this, how high is your potential profit?

>> No.7234940

why would you do it now and not closer to the release of Robinhood's trading platform?

>> No.7234964

Can anybody explain what short/long/futures are and where are you guys doing all this? I know the basic jist but can some autist explain pls.

>> No.7235066

>>7234896

100x what it normally would be. I get liquidated with a 1% change in the wrong direction though.

>> No.7235104

>>7235066

Good luck you beautiful bastard

>> No.7235157

>>7233510
how many btc base?

>> No.7235184
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7235184

LOL

>> No.7235475

>>7235066
What means ‘liquidated’? I guess you had to place a margin, so does that mean the margin is gone? Can you loose more than you have invested?

>> No.7236276

>>7233510
LIQUIDATED.

>> No.7236308

>>7236276

Nope, wasn't even within $20 of liquidation. And it's going back up again.

>> No.7236349

>>7233510
you are dumb

>> No.7236521

ITS H A P P E N I N G

>> No.7236529

>>7236308
monitoring

emotionally invested

>> No.7236677

>>7235475
If it goes under 8700 he loses all of his original investment. No, you cannot lose more than invested

>> No.7236718

>>7233510
Oh shit OP close

>> No.7236934

OP THINGS ARE GETTING WET

>> No.7236998

>>7236677
Thx mate.

>> No.7237004

AHAHAHAHAHA GETTIN REKT SOON

>> No.7237025

>>7236718
>>7236934
>>7237004

I was within $10 of being liquidated earlier, this is nothing.

>> No.7237031

Did you do this after knowing the bank of America news cane out? You really are a mad man if so.. Who knows how other countries will take the news when they wake up.

>> No.7237053

>>7237025
8720$ on GDAX...

>> No.7237056

8770 on bittrex

>> No.7237062

This is like Kramer betting on plane arrivals
Fucking degenerates

>> No.7237149

>>7237025
What exchange boyo

>> No.7237188

I don't get it, is there a timelimit where the price has to hit 8900? When the contract ends?

>> No.7237190
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7237190

Is OP gonna be alright?

>> No.7237200

i think he might be liquidated. its 8730 on bittrex, which is usually higher than most others

>> No.7237205

Rip. I dun fucked up.

>> No.7237232
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7237232

>>7237205
Should have closed at 8800 anon.

>> No.7237256

You bought straight into an indicator on the 5 minute that said 'no'

>> No.7237263
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7237263

Better luck next time OP.

Why not double down?

>> No.7237265

>>7237232

It hit 8860 at one point which would've given me nearly double my initial. But I got greedy lmao

>> No.7237283

>>7237265
Lmao you should've closed at 8800 nigger.

>> No.7237376

where are you doing this op?

>> No.7237381

>>7233510
flat-out gambling

>> No.7237428

Hey >>7233510
Listen to >>7233638
Wayyyy too early faggot. The floor is probably around $5k

>> No.7237462

How do you set the close? I tried testnet on Bitmex and there was no option to close it?

>> No.7237480

>>7237263
this, works every time

>> No.7237943
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7237943

I don't get how bitmex works. I set a close to 8790, price went up to 8802 and my position was not closed and still active. How this shit works?

>> No.7238045

Congratulations, with all that leverage you just fucked up, even if bitcoin reaches a new ATH in a week

>> No.7238428

>>7237376
anybody knows?

>> No.7238478

>>7237376
>>7238428
do you mean the site? it's called bitmex

>> No.7238529

>>7233510
>Not shorting Bitcoin

>> No.7238873

>>7237943
thats the index price. The spot price is 8558.

>> No.7238886

>>7233510
Rip

>> No.7239254

hahahahahaha RIP