[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 9 KB, 377x223, 1497193933339.png [View same] [iqdb] [saucenao] [google]
7325897 No.7325897 [Reply] [Original]

WE ARE RECOVERING. GET IN NOW.

>> No.7325930

>>7325897
kek

>> No.7325938
File: 249 KB, 340x314, 25131272D4774688BC73C6E66CA34ABD.png [View same] [iqdb] [saucenao] [google]
7325938

OH NO YOU DON'T

>> No.7325939

Lol

>> No.7325967
File: 2.47 MB, 3200x3200, 1517178110498.jpg [View same] [iqdb] [saucenao] [google]
7325967

IT'S ALL OVER.

>> No.7325974

TAfags got me in at 9K I fucking hate your asses.

>> No.7326010

>>7325974
Yeah, around 9.5 here, of well.

>> No.7326025

hm yesterday it was at 8k
today almost below 7k, but we are recovering!!

>> No.7326057

>>7325974
Same here anon, feels fucking bad

>> No.7326072

There won't be a bounce this time. Previous dips lasted 1 week at best. This time it's crashing for good.

>> No.7326087

>>7325897
Stop

>> No.7326104

yay it's over

>> No.7326116

>>7325974
TA is a meme my friend, you deserve to fall for it.

>> No.7326118
File: 999 KB, 1617x441, file.png [View same] [iqdb] [saucenao] [google]
7326118

> -10% "HOLD"
> +2% "We're in the green BUY BUY BUY"
> -10% "HOLD"
> +3% "We're baby baby, ride da bull"

LMAO, I'm making more money on BTC crashing then when it was in bull market chasing moon missions.
Why are you missing out on these gains? BitMEX (the "mex" stands for Mercatile Exchange) is the only exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).
Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10000. Let's also say you only have .01 BTC to trade with, or $100 worth. With .01 BTC at x100 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8000, if you close your position you then get that $2000 in profit paid to you in BTC, that's a 2000% profit
I would suggest you learn TA before you start trading. You can train using their testnet (free).
You want a moon mission? BitMEX is your moon mission.
Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If you're going to sign up use my reference code, using a reference code gives you a %10 discount in fees. May not sound like much but it's saved me hundred of dollars in the past weeks: https://www.bitmex.com/register/toYHiE

- Interface is amazing with professional grade advanced order types
- Liquidity it offers is completely unmatched, it's the biggest exchange volume wise: https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/
- BTC deposits take less than 10 minutes: just 1 confirmation from the network needed
- Never down, doesn't matter the load, no shady flash crashes caused by website being down like Poloniex does

>> No.7326202

>>7326118
I may be a retard but even I know not to play with 100X leverage you are a seriously evil fuck.

>> No.7326411

>>7326118
Here's my advice for anyone who wants to trade on bitmex

1. Read the docs and make sure you understand exactly how the contracts work (both futures and swap), profit/loss calculation and how liquidation works. make sure you understand the difference between mark price and index price

3. Make some trades on the testnet to confirm your understanding of the contracts and the site in general

4. I prefer trading on Cross. it's very important to not trade too many contracts. I strongly recommend not to trade so many contracts that your are more than 2x leveraged. ideally less than 1x, at least in the beginning

5. 1x shorts are way to cash out without using tether/fiat.

Trading with leverage is a lot harder than most people think. By far most traders on there lose money because they use too much leverage, those that trade with x100 leverage lose all their money, so don't use that.

>> No.7326510

>>7326202
>"100X leverage (but it's not because you can that you must, go small and work your way up)."
>"I would suggest you learn TA before you start trading. You can train using their testnet (free)."
Were did I suggest to go x100?

>> No.7326750

>>7326118
Says it doesnt work in the us. Is this normal?

>> No.7326967

>>7326750
Read again, use proxy or VPN to have IP outside US, register, disconnect VPN, enjoy rest of life making money

>> No.7327035

>>7326118
>BitMEX
Is that the only exchange you can do short-selling of BTC or are there others? Only used Binance so far

>> No.7327149

>>7325974
Only believe the TA you do yourself

>> No.7327189

>>7327149
This, and set stop losses for when you are wrong

>> No.7327210

>>7327035
It's the best imo.
Binance doesn't offer margin trading because thy are amateur scam artists that charge 300 BTC to list a coin, but the interface is normie friendly I'll give them that.

>> No.7327290

> WE ARE RECOVERING. GET IN NOW.

You think people here are stupid, right? Well, that's where you're right.

>> No.7327374

And once again another round of retards lines up to get fleeced. You cant make this shit up.

>> No.7327450

>>7326118
>>7326411
dude I'm so new I didn't even know what shorting was until a few days ago

>> No.7327462

>>7327290

>this is a sucker's rally

>> No.7327546

>>7327462
It is. Bunch of shorters liquidate their position and retards follow them with buy orders. This is like the 5th time today and they fall for it every single time .

>> No.7327580

>>7327450
You'll lose all your money if you stay at /biz/

/biz/ is SUPER jewified since July. I mean, 100% jewish shilling. Trust NOONE.

I already made my money when /biz/ was comfy and helpful. Now I come for the memes. It's your decision to believe me or not but majority of advice here is trolling or professional shilling.

>> No.7327614

>>7326118

Wouldn't you need to use a VPN for US trading? Bitmex isn't working for US people currently.

>> No.7327640

>>7327450
Train on https://testnet.bitmex.com/
Look for a BTC tesnet faucet, send to your address there.
Once you understand the risks and how to trade on margin, register with the link I've provided if you feel confident enough.
Don't ever go above x20 leverage.

>> No.7327686

>>7327614
As far as I know you don't. Just for registration.

>> No.7328135

>>7326411
>5. 1x shorts are way to cash out without using tether/fiat.

I'm a brainlet, can you elaborate on what you mean by this? how does 1x shorting on bitmex allow you to cash out?

>> No.7328206
File: 132 KB, 1200x800, brrrrrt.jpg [View same] [iqdb] [saucenao] [google]
7328206

>>7325897
HAHAHAHAHAHA JUST KIDDING!

>> No.7328220

>>7325974
Better than 19k. At least you waited.

>> No.7328249
File: 39 KB, 500x500, IsisStyleExecutionBull.jpg [View same] [iqdb] [saucenao] [google]
7328249

>>7325897
SURE OP

>> No.7328320

>>7325974
i bought at 14k and still holding, too late to sell now

want to legit kill myself

>> No.7328377
File: 3.44 MB, 500x378, meme-bear.gif [View same] [iqdb] [saucenao] [google]
7328377

>>7325897
LA LA LA LA LAH LAH LAH LAH
LA LA LA LA LAH LAH LAH LAH
LA LA LA LA LAH LAH LAH LAH

>> No.7328840

>>7325897
we arent recovering until we hit 5k at least. we are still in capitulation phase.

>> No.7329097

>>7327686
are they are any good free VPNs?
I looked around but they all seem shady as heck with very little talk surrounding them on forums.

>> No.7329102

When did Eth explode? May-June?

I feel like that's when the mania phase started. I expect BTC to return to the level it was around then.

>> No.7329544

>>7329097
You don't really care about them being shady or not you just need it short term to register.
https://blogs.opera.com/desktop/2016/09/free-vpn-in-opera-browser-40/

>> No.7329550

>>7329102
yes about that time. go check historical prices on coinmarketcap. we will bottom out by mid feb and then will slow climb up as people finally accept its over. so big moons will resume around may imo.

>> No.7330200

>>7325897
STRONG support at 7k.

>> No.7330317
File: 294 KB, 1678x1119, man_on_phone.jpg [View same] [iqdb] [saucenao] [google]
7330317

>>7325897
>they think it's recovering
>yeah, sell another 10%

>> No.7330361
File: 7 KB, 294x166, cmc.png [View same] [iqdb] [saucenao] [google]
7330361

I just hit f5 and this happened, what do I do?

>> No.7330399
File: 30 KB, 450x450, 1486070195480.jpg [View same] [iqdb] [saucenao] [google]
7330399

>>7330200
>STRONG support at 7k.
>STRONG

>> No.7330446
File: 2.10 MB, 320x249, dolan33.gif [View same] [iqdb] [saucenao] [google]
7330446

Short now still long way down

>> No.7330454

>>7330361
hit f5 again it obviously didnt refresh

>> No.7330467
File: 101 KB, 600x842, 1511265756728.png [View same] [iqdb] [saucenao] [google]
7330467

>>7330361
>what do i do?

>> No.7330487
File: 150 KB, 979x719, 1511106904978.jpg [View same] [iqdb] [saucenao] [google]
7330487

>mfw those desperate buy walls at bitfinex are getting demolished.

>> No.7330521

when will it end? I don't care how low it goes, I just want to know when. I bought in at 9k back at the end of November, kicking myself for never selling

>> No.7330538
File: 4 KB, 282x88, Untitled.png [View same] [iqdb] [saucenao] [google]
7330538

>>7330454
IT KEEPS HAPPENING

>>7330467
I sold at 14K and when it rallied up near 20K I felt like a total retard but now I am a genius

>> No.7330544

STRONG support at 6k

>> No.7330552

>>7330521
sell now

>> No.7330562
File: 32 KB, 891x611, bitcoin price.png [View same] [iqdb] [saucenao] [google]
7330562

i'm no rocket scientist but i'm seeing a pattern here

>> No.7330592

>>7330562
>i'm seeing a pattern here
Me too. Looks like the bull run is imminent.

>> No.7330601

>>7325897
>implying price movement more important than volume movement
The truth is,
fundamentals>volume>price movement
this means no matter how people draw a line when fundamentals and volume say down its down

>> No.7330605

>>7330562
>>7330538
>>7330361
>it dropped $300 during five minutes of shitposting

>> No.7330685
File: 9 KB, 299x168, 23534444334.jpg [View same] [iqdb] [saucenao] [google]
7330685

>>7330399

>> No.7330763

>>7327210
Being normie friendly is the most important part

>> No.7330773

>>7330552
I just know it will be my luck that when I sell it will be the bottom and it'll start going back up

>> No.7330797

>>7330562
>no meme lines
I don't see anything, this could go up or down or maybe sideways. Some TA fag please tell me what's going on.

>> No.7330809

>>7330773
That's when you buy back in!

>> No.7330810

>>7330773
sacrifice yourself for your /biz/bros

>> No.7330899
File: 2.24 MB, 695x392, 1477643250642.gif [View same] [iqdb] [saucenao] [google]
7330899

>>7330685
Please tell me anon that your are not still holding?

>> No.7330948
File: 10 KB, 231x218, 1503863789886.jpg [View same] [iqdb] [saucenao] [google]
7330948

IT'S BELOW 6500$

>> No.7331024

>>7328135
It gives you the opportunity to "lock in" a value for your bitcoin.

Say you have 1BTC and it's worth 10k. You can open up an unleveraged short position, so that at any point in the future you can close it and redeem 10k worth of BTC. Depending on the price you'll get either more or less than 1 BTC, but the total dollar amount will be the same as when you shorted it.

>> No.7331082

>>7330544
So stronk. A million stronks.

Personally I'm waiting for that decimal to slide left again.

>> No.7331114

>>7325897
STRONG support at 5k

>> No.7331138

>>7327580
This. Absolutely this.

Honestly you’re better off doing the opposite of what biz say.
Fucking kikes.

>> No.7331151
File: 1001 KB, 640x480, 1481726685231.gif [View same] [iqdb] [saucenao] [google]
7331151

>>7330544
>STRONG support at 6k
>A day ago it was at 8300
>The absolute state of trash-holders

>> No.7331202

>>7330763
Yep, for a scam it's the n°1 selling point.

>> No.7331282

>>7331114
STRONG support at 1$

>> No.7331322

it's going up lol

>> No.7331357

>s-strong sup-support at 6k said the increasingly nervous man

>> No.7331369
File: 81 KB, 634x514, 1484923576517.jpg [View same] [iqdb] [saucenao] [google]
7331369

>>7331322
>it's going up

>> No.7331392

LMAO

>> No.7331403

>>7325897
lol this thread

>> No.7331483
File: 333 KB, 720x1280, Screenshot_20180205-210351.png [View same] [iqdb] [saucenao] [google]
7331483

Omg goys it's recovering! Buy in quick to not miss this one in a life time opportunity! Lamboland!

>> No.7331496

>>7330361
sats value holding steady, fiatfags BTFO

>> No.7331532

seeing a lot of green candles right now

>> No.7331539

>>7331483
Holy moon mission

>> No.7331585

>>7330948
STRONG support at 6k, don't worry

>> No.7331624
File: 43 KB, 607x1080, happy carlos.jpg [View same] [iqdb] [saucenao] [google]
7331624

>>7331483
BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY! BUY!

>> No.7331659
File: 65 KB, 493x311, 1484173869605.jpg [View same] [iqdb] [saucenao] [google]
7331659

> There are still anons on this board who hold heavy bags
> The same ones who bragged about being a shitcoin-millionaire, and now have to face their already disappointed parents and wage cuck at McLost

>> No.7331660
File: 52 KB, 419x249, 1392344334434.jpg [View same] [iqdb] [saucenao] [google]
7331660

>10 % green candle out of nowhere

Next suckers rally

>> No.7331695

ABOUT TO HIT HIGHEST PRICE ALL HOUR. SELL SELL SELL

>> No.7331710

thanks bought 100k

>> No.7331756

>>7331624
Ahahahahahaha

You dumb mother fuckers deserve to lose everything

>> No.7331770
File: 325 KB, 720x1280, Screenshot_20180205-210840.png [View same] [iqdb] [saucenao] [google]
7331770

>>7331483
Fuck i was kidding.for real Tf is happening

Are people really buying from when i told them to do so? Lmfao

>> No.7331863

here we fucking go. This the bounce, strap in everyone,

>> No.7331920

>>7331770
Yes, you have a lot of sway on the price of bitcoin

>> No.7331977

>>7331770
shorts are closing retard. we are going to 500

>> No.7332043

>>7331920
I'm actually an owner of a really big discord group too actually
I didn't know that i had such an impact on an anonymous board posting as an anonymous person ahah

>> No.7332073

>>7331863
lol, down again we go

>> No.7332141
File: 37 KB, 478x288, 1500480472335.jpg [View same] [iqdb] [saucenao] [google]
7332141

>>7332043
>I'm actually an owner of a really big discord group too
For you

>> No.7332174

>stock market goes off a cliff
weeeeeeee!

>> No.7332222

>>7325897
>>7325897
SELL!!!
>BANK OF AMERICA BANS TRANSACTIONS INVOLVING CRYPTO!

>> No.7332260
File: 41 KB, 750x750, Artboard_1_copy_23zssx.png [View same] [iqdb] [saucenao] [google]
7332260

Buy some meme shit like eth words while the floor is low, and make those gains on the rebound http://etherwords.io/

>> No.7332280

>>7332141
Not even kidding
Actually a medium one being honest,couple of thousand of members

From when i started the pump group thingi visited way less biz because i was too absorbed from the group management in my free time,now i wanted to see the state of biz in this blood red situation just to giggle n shit

>> No.7332310
File: 20 KB, 400x400, 1516477423012.jpg [View same] [iqdb] [saucenao] [google]
7332310

>>7332222
Checked

>> No.7332365

>>7325974
What's a TA?

>> No.7332428

>>7325897
We’re not, volume is weak, motherfuckers will keep shorting

>> No.7332533
File: 2.70 MB, 800x450, romanian_shitposting_intsensivies.webm [View same] [iqdb] [saucenao] [google]
7332533

>>7332365
>TA

>> No.7332582

If whales are smart they'll now give us the biggest pump of a lifetime to rub it in the media's face on the day of the great stock crashening.

>> No.7332685
File: 6 KB, 150x144, 1414306195824.jpg [View same] [iqdb] [saucenao] [google]
7332685

>>7331369

>> No.7332704

>>7328840
Everyone is throwing out the 5k number which means we're either recovering above it or crashing right through it desu.

>> No.7332759
File: 365 KB, 2000x1153, off_the_charts.gif [View same] [iqdb] [saucenao] [google]
7332759

>>7332685
> Oy vey

>> No.7332789

>>7332043
How can you own it when they control the service?

>> No.7333056

>>7332789
How can you own anything irl when (((they))) own all of the money

>> No.7333077

AAAAAAAAAAAAAA

>> No.7333083
File: 52 KB, 720x883, 1516570600835.jpg [View same] [iqdb] [saucenao] [google]
7333083

>>7330562
slippery slope pattern indicates bullish reversal at 6,942,00$ followed by a run to 14,880,00$.

>> No.7333104

>>7333056
You purchase something straight up with no debt?

>> No.7333136

>>7325897
ITS MOONING
RIGHT NOW

>> No.7333144

>implying this is the bottom

>> No.7333353

Congratulations on the small bump. Bitcoins drop to 4000 will take 20 minutes longer now.

>> No.7333745

Deutsche Bank anon here. Tried to warn you fuckers, since this was the best place to discuss crypto prior to the December boom.

Look carefully at the order book on GDAX/BFX. Purchases are made in waves, and then the price is forced down with sell walls.

Don't expect the price to rise much in the next couple of weeks. When the big boys have more than a foot in the door, the media will turn around and stop with the negativity.

>> No.7333800
File: 59 KB, 765x343, 1490887050732.jpg [View same] [iqdb] [saucenao] [google]
7333800

>>7333745
>Deutsche Bank anon here

>> No.7333889
File: 393 KB, 1024x695, smile if you masturbate.jpg [View same] [iqdb] [saucenao] [google]
7333889

>>7325897
Bought 1000 eur worth of btc the moment I saw that. Let's see what happens.

>> No.7333892

Can Chinese coins (neo, ven, etc.) recover at this point? With the new China firewalls going up and all. Time to sell?

>> No.7333924
File: 16 KB, 300x300, 1457045221051.jpg [View same] [iqdb] [saucenao] [google]
7333924

>>7333745

>> No.7333952

The best way to make money is by shorting 50%, while longing 50%. This way you always win money!

>> No.7333973

>>7325938
>>7326072
>>7326104
>>7327290
>>7327374
>>7328206
>>7328840
ALL OF YOU CALM THE FUCK DOWN
I REPEAT
>CALM
>THE
>FUCK
>>>DOWN!!!!!!!!!!!!!!!!!!!!!!!!!!!
We just came off the longest rally in the history of the stock market, and it isnt even at correction level down!
FOR FUCK SAKE KIDS WE ARE UP 6000 POINTS FOR THE YEAR!
THIS FUCKING PANIC IS BULLSHIT AND IS BEING USED BY THE KIKES TO MAKE TRUMP LOOK BAD
>WAKE THE FUCK UP
Nothing has fucking changed!
Trump took over when the dow was at 1900
its now at 24000
thats 5000 points in one fucking year!
that has never happened before
AND BY THE WAY
NEWS FLASH
THE TAX BILL STILL PASSED
this means almost every US company now has 14 percent more capital to invest in their companies.
know what that means boys and girls?
it means lower prices
more advertising
higher production
and more jobs
and most importantly
IT MEANS EARNINGS ARE GOING TO GO THROUGH THE GOD DAMNED ROOF!

NOT TO MENTION THE INFASTRUCTURE BILL THAT WIL LITTERALLY AD TRILLIONS OF DOLLARS OF VALUE TO THE CONSTRUCTION SECTORS

This isnt a fucking crash
its a fucking buying oppurtunity
Want to not have a shit day?
Take out some money from savings and put it into US Steel
Its at 35 dollars a share
according to the futures of the company gives it a 1:9 PE ratio
It will get better earnings from both taxess and infastructure and you can all stop being fucking pussies about 4 percent downs and start acting like adults
FUCK

>> No.7334008

>>7333973
This is a bitcoin thread /pol/

>> No.7334040

>>7333892
VEN at least. They've gone international and have a sugardaddy to keep them afloat. Don't know too much about the current situation with the others.

>> No.7334061

I feel like no matter what I do I'm gonna regret it a year from now and want to kms.

>> No.7334363

>>7326118
Is it still great, anon?

>> No.7334418

>>7333973
>know what that means boys and girls?
>[list of things you want it to mean]
yeah, no
it means the CEOs get 14% bigger bonuses

>> No.7334521

>>7325897
JUST

>> No.7334877

not even close to a recovery...

>> No.7335242

I just sold half my stack, so we're probably recovering now. You're welcome anons.

>> No.7335291

>>7326116
TA works for things that are REAL...not so much on scams

>> No.7335363
File: 73 KB, 564x524, OH_BOY.png [View same] [iqdb] [saucenao] [google]
7335363

This really doens't look that bad.

>> No.7335395
File: 185 KB, 629x521, BitMEXit.png [View same] [iqdb] [saucenao] [google]
7335395

>>7326118
Bring your own lube for their liquidation engine...

>> No.7335572
File: 152 KB, 750x587, bpT7MhtufgGpi9.png [View same] [iqdb] [saucenao] [google]
7335572

>>7326118
>the "mex" stands for Mercatile Exchange
actually being this retarded