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/biz/ - Business & Finance

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7751376 No.7751376 [Reply] [Original]

What happens if I short or long something on Bitmex and I don't have enough to cover the losses?

t. brainlet, sorry frens

>> No.7751392

...

>> No.7751418

>>7751376
Your position will be cancelled or liquidated to cover the losses.

>> No.7751440
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7751440

>>7751376
They come to your house and murder you

>> No.7751448

you cant lose more than you put in

>> No.7751453

>>7751440

This, I died when my principle wasn't enough to cover the losses

>> No.7751464

I suggest you stay away from leverage trading OP.

>> No.7751481

they understand everyone makes mistakes sometimes and they give you a redo

>> No.7751491

...

>> No.7751500

>>7751448
That's what I was looking for, thanks!

>> No.7751503
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7751503

>>7751481
Cool, I'll give it a shot then!

>> No.7751525

>this thread
kek

>> No.7751539

Can i leverage trade with 10 dollars? I maybe can put in 50 max

>> No.7751568
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7751568

>>7751453
Same here bro... Twice!

>> No.7751579

>>7751376
Put out a hit on you and everone you care about unless of course they are in a good mood and >>7751481

>> No.7751587

Epitome of /biz/

>> No.7751623
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7751623

>>7751376
The Chinese confiscate your piss jugs.

>> No.7751626

>>7751539
You can but a 2% dip in the opposite direction and you're fucking dead kiddo

>> No.7751777

>>7751376
you can only short/long if you have some quantity of BTC that you're risking, and as soon as the BTC that you risked is eaten up by the price movement, you're liquidated and have nothing left.

So if you put 1 BTC on bitmex with go short with 100x leverage, if the price goes up by 1% you lose everything (since 1% x100 = 100%)

thats why it's dangerous to use 100x leverage, even the slightest movement in the wrong direction can fuck you.

I've used bitmex a fair bit but never over 25x leverage

>> No.7752396

>>7751626
>10$ lost
>dead

Fuck I wish burgers could use that beutiful mexican website

>> No.7752467

>>7751539
Nobody should risk more than that in any case, unless the market changes. Bitmex is a hug craps table, and your money can go poof in an instant - and most likely will. It's pure gambling, you have better odds in Vegas, to be honest.

>> No.7752490

>>7751623
>dongyang
shockingly this is real

>> No.7752507

>>7752467
yeah but vegas doesn't have ellen degenerate distracting the dealer while i peek at the deck

>> No.7752562

>>7752507
If you believe that lesbian is having any effect on the market, stay as far away from margin trading as you fucking can.

>> No.7752612

>>7752562
if you think a popular talk show host shilling bitcoin doesn't make the whales pull their walls and manipulate the market upwards then you must be a newfag

>> No.7752643

>>7752612
Every casino needs suckers, it's your money.

Come back and tell how how hard you got REKT, m'kay?

>> No.7752662

>>7751376
You and your family will get liquidated by the Waffen SS.

>> No.7752690

>>7752396
get a vpn tard

>> No.7752724

>>7752690
The will take my coins if they were to find out