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/biz/ - Business & Finance

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7951494 No.7951494 [Reply] [Original]

Just opened a short 100x leverage, 23 btc
What do YOU think about that?

>> No.7951512
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7951512

>> No.7951520

>>7951494
You're about to get liquidated.

>> No.7951528
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7951528

Sounds smug, man

>> No.7951546
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7951546

>>7951494
I think you're full of shit.

>> No.7951566

No idea what's going to happen with the market bud, could be risky but could make a good amount of money

>> No.7951577
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7951577

Shorting BCH, making bank

>> No.7951578

I think you're financially irresponsible

>> No.7951663

>>7951578

We all are for even playing with crypto.

>> No.7951700

>>7951494
RIP

>> No.7951716

I'm shorted 100x from 20k until 6k, then longed 100k until 11.7k and now shorting 100x from then. Step up niggas.

>> No.7951729

>>7951494
>can anyone explain to a retarded nigger what is he trying to do ? is it margin trading ?
>plz no hate , i am a newfag

>> No.7951739

>>7951663
>>7951578
It would be irresponsible to ignore crypto 2bh

>> No.7951751

>>7951716
For some reason I don’t believe you

>> No.7951769

>>7951751
But I posted in on /biz/, it has to be true!

>> No.7951813

>>7951769
I legit still have an open short from 11.25K. Its a small amount, but I put 50x on it. I think we're going back to 10K then down.

>> No.7951876

>>7951716

That's nothing Anon look at this, I went long x100 at 100$ in 2010 with 10k BTC. Closed at 19854. Then shorted it x100 leverage on multiple exchanges up until 6k. Sitting on 6.0233*10^23 $

>> No.7951892

>>7951813
Good call. I also think we're going lower, but I'm staying out for the moment.

My previous post was sarcastic of course if someone didn't get it

>> No.7951896

>>7951729
>help me faggots

>> No.7951902

>>7951494
LARP

>> No.7951903

>>7951729
>How do you do, fellow anons?

>> No.7951909

>>7951876
holy fuck you have a whole Mole of dollars?

>tfw BTC will never be 1 Mole

>> No.7951914

>>7951729

Margin trading, check it out it is pretty simple.

Shorting - making money when the price goes down, loosing if it goes up
Long - the opposite

>> No.7951954

uhh you're fucked

>> No.7951956

>>7951914
basically like forex ? bid on if the price go up or down ?
>>7951903
in the red

>> No.7951984

>>7951909

This is only my Bitcoin stack.

>> No.7952006

>>7951876
>1 avogadro's number USD
>not 1 googolplex USD
You are like little baby

>> No.7952007

>>7951956

I don't know anything about forex but probably.

Fucking open google and search it dumbass.

>> No.7952043

>>7952007
why won't you google forex nigger

>> No.7952091

>>7952043

I know what forex is fuck off. Yes probably you can margin trade on forex, because this is a basic trading strategy on every market. And yes without margin trading forex wouldn't even exist. So yes probably but why are you bothering me fucker? Just read it on (((Google)))

>> No.7952105

>>7951984
you're a big guy

>> No.7952109

get rich or die trying

>> No.7952151

>>7951494
"its never going to drop below 10k again"

>> No.7952154

>>7951494
>Ever going full retard

>x100
>1% up
>liquidated

You're a fucking moron, that's what I think.
You'll never get the pure peaks of the bottom dips. You can however get around that range but you need at least 10% safety margin, you fucking moron.
Hope you lose all your btc.

>> No.7952158

>>7952105

Dr. Pavel

>> No.7952191

>>7952154

If there weren't morons that open x100 leverage margin trading wouldn't exist.

Prove me wrong

>> No.7952198
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7952198

>>7952043
> plz no hate , i am a newfag

>>7952043
> why won't you google forex nigger

DAYUM
Ye it's like Forex mostly, you can't have a real cash position but it's mostly like that.

>> No.7952294

>>7952154
after fees and slippage probably even closer to 0.5%
100x is fucking retarded and OP deserves to live on the street
you're better off going all in on a random number at the roulette table than x100 margin on BTC

>> No.7953240

rip op

>> No.7953499
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7953499

>>7951494
i think i need to see some proof to get emotionally invested in this

>> No.7953585

>>7951494
rekt

>> No.7953629

>>7951494
kek rip op

>> No.7953879

>>7953585
>>7953629
no one with that $ is that stupid, right? larpy larp