[ 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: 357 KB, 963x966, image.jpg [View same] [iqdb] [saucenao] [google]
7969123 No.7969123 [Reply] [Original]

>not sure what BTC price is going to do
>have $100k
>open short and long at the same time with $50k
>price goes up you make money
>price goes down you make money
You are all fucking brainlets why are you not doing this?

>> No.7969148

>price goes up you make money
>price goes up you lose the same amount of money
>price goes down you make money
>price goes down you lose the same amount of money
>taking the bait
>being this new
>/thread

>> No.7969193

>>7969123
priced in

>> No.7969209

>>7969148
I’m not new I am trading since December you’re just a saltyboi, I’m going to get mad gains from this

>> No.7969224

Nice! Just sold and bought 100k!

>> No.7969264

>>7969123
While your strategy is flawed if you felt BTC has a bigger chance of going down, then you could open a 70k short and a 30k long. That way, you won't ever truly be liquidated. You only have to do this right a few times with significant leverage to be filthy rich.

>> No.7969280

>>7969209
>trading since December
Almost every newfag came in December you absolute newfag
I hope this was a troll

>> No.7969283

>>7969123
There is no special trick to beat the markets. It's just not possible.

>> No.7969293

>>7969123
"its never going to drop below 10k again"

>> No.7969301

>>7969283
Wasn’t possible until now, I figured it out. You don’t have to thank me.

>> No.7969371

>>7969123
>>open short and long at the same time with $50k
>>price goes up you make money
You lose the same with the amount of money you make with the short than you win with the long
>>price goes down you make money
Same as before but the other way around

lt's a zero sum game. Why the fuck do you say you make money?

>> No.7969404

>>7969264
doing this on bitmex with 100x leverage, wish me luck

>> No.7969469

>>7969371
It's a bait thread, my dude.
Sage this shit.