/biz/ - Business & Finance

[Anonymous No.9274677]

HERE IT COMES

[Anonymous No.9274685]

Go long on btc

[Anonymous No.9274785]

>>9274677
Still haven't closed my long at 6892 that I opened weeks ago with .4 btc at 20x

I feel like i've made it though. That was the big move.

[Anonymous No.9274813]

>>9274785
how does it work? do you just keep getting more money if it keep going up? how much money would you get if you closed now?

[Anonymous No.9274839]

>>9274813
When you go long/short, you have a liquidation price, and when you use leverage the liquidation price is more restrictive based on how much you use.
So 20x made my liquidation price like 2% below the order price, and since we're long past the liquidation price, I can just keep racking up % gain on the 20k, so yeah unless i close it and collect my profit i can continue to use leverage (and pay for it) forever.

[Anonymous No.9274881]

>>9274785
nice larp

[Anonymous No.9274922]

>>9274839
good job fucking gambler

[Anonymous No.9274999]

holy fuck

[Anonymous No.9275009]

here we go boys

[Anonymous No.9275013]

Up up down down left right left right b a select start ..... Infinity dollaroos

[Anonymous No.9275017]

>>9274881
Lol it's gambling how tf is that a larp.
here's another 'larp'. In february I went to vegas and at the bellagion bet $11000 going all in with a straight, and was beaten by a str8 flush.
1/30k odds, lol it's the exact same as opening a short/long

[Anonymous No.9275027]

>>9274839
which exchange are you using?

[Anonymous No.9275063]

2nd try. LET'S FUCKING DO THIS

[Anonymous No.9275083]

9960 on finex and it's coming with momentum
would be such a joke if it didn't break out now

[Anonymous No.9275757]

>>9275063
SHOW ME THE MONEY

[Anonymous No.9275765]

COME ON YOU PIECE OF SHIT

[Anonymous No.9275780]

>>9275083
What momentum! There isn't any!

[Anonymous No.9275790]

>>9274677
yes, thats your sell signal.

[Anonymous No.9275798]

>>9275780
The 1 Minute stoch RSI is oversold. We won't be breaking $10k until that resets.

[Anonymous No.9275829]

just put a 100x long with all my crypto

see you in valhalla brothers

[Anonymous No.9275874]

>>9275829
poop it

[Anonymous No.9275902]

>>9275874
very well mister kanye, drop incoming

[Anonymous No.9275936]

>>9275829
Whats your liquidation price?

[Anonymous No.9275945]

>>9275829
Welp, that's the sign

We're going to $100.01

[Anonymous No.9275956]

>>9275936
9681

[Anonymous No.9275965]

>>9274839

Don't you have to pay more if you held it longer?

[Anonymous No.9275967]

>>9275874
He sold?
>Scoop it

[Anonymous No.9275971]

>>9275956
Honestly I think you'll be fine. I don't expect it to dump below 9700 before taking off but who knows.

[Anonymous No.9275976]

>>9275956
Was market at like 9700 when you longed? You using bitmex?

[Anonymous No.9276004]

>>9275976
put it in at 9740, so im at a small profit right now. if we go to 10k it will moon hard

[Anonymous No.9276062]

>>9276004
Can you justify what you did? What makes you think 9700 is the new support?

[Anonymous No.9276098]

>>9276062
been watching volume/patterns for past few days. i believe we will test 10k again and it may approve it. if it rejects i will sell immediately and have a small profit. if it goes past 10k we will see massive green dildos real quick. my risk is calculated. the way I see it, I can either make a minor profit/break even or make massive gains.

[Anonymous No.9276100]

>>9274922
Cope harder

[Anonymous No.9276187]

>>9276062
ma

[Anonymous No.9276247]

It's not happening tonight.

[Anonymous No.9276264]

>>9276098
i always say 100x is beyond stupid...but i honestly think you have a chance to make some serious gains anon. i think its gonna smoke past 10k when it tests again. and if not, sell and take your profits. win win. nice job.

again though, bitmex? or what? i want to get into leveraging like 10x but i'm in usa

you from usa? bitmex?

[Anonymous No.9276271]

YOU FUCKER
YOU JINXED IT

[Anonymous No.9276287]

lol we didn't even got close to 10k and it started dumping

[Anonymous No.9276299]

no need to worry.

[Anonymous No.9276334]

>>9276264
bitmex yeah. learn the interface first and dont risk anything youre not willing to lose.

[Anonymous No.9276385]

>>9275017
I was playing carribean stud at the casino last month and had A K Q J and 9 all spades, missed out on 500k in the worst way possible

[Anonymous No.9276408]

>>9274785
can you do a breakdown on the math on that?

so you put up 2,756.80 at 20x

which is effectively 55,136

so if btc hit 6836 you would've been fucked. right?

so what are you making every 100 that btc goes up? is what i'm having trouble with lol too many IPAs tonight

[Anonymous No.9276926]

>>9274785
How much would you make if you cashed out? I know nothing about margin trading

[Anonymous No.9276951]

BUY THE DIP FAGGOTS

[Anonymous No.9276979]

>>9276385
that's like the best way possible

[Anonymous No.9277209]

Is margin trading just a multiplier on your gains/loses?

How I'd imagine it working is that normally if I had $1000 and place it on ETH (let's assume back when it's value was $1000 for easy math). If the price of ETH fell to $900, I lost $100, if it rose to $1100, I made $100. Simple.
If I was to leverage with x10, then it's like I'm playing with $100,000 but gets liquidated if I lose $1000, right? So if it fell to $900, I lose $1000, get liquidated and I'm out. if it rose to $1100, then I make $1000?

[Anonymous No.9277264]