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/biz/ - Business & Finance

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9774529 No.9774529 [Reply] [Original]

Oh fuck. I bought BTC with a 25k Loan and I long'd on BITMEX...I was told today was the golden bull run. WTF. I'm going to be liquidated if we hit 7490. How fucked am I?

>> No.9774636

>>9774529
very, close your position before it's too late
always do the opposite etc.

>> No.9774670

>>9774529

lol at anyone who thinks btc is breaking 10k anytime soon. Look at the facts brainlets. Btc is being replaced by fiat pairings. The only reason people needed btc last year was to pump shit coins.

>> No.9774679

>>9774529
why did you use such high leverage you fucking idiot. you should have 2x-4x at the MAX.

>> No.9774740

>>9774679
There is no reason to long btc with such low leverage. Returns are too small. Investing in shitcoins will yield much better returns (in case the bull run actually happens)+not forced to keep the position all the time+dont have the possibility of liquidation (even if its unlikely one)

>> No.9774757

>>9774529
You're fine, btc isn't going lower than 7500. The breakout starts tomorrow.Today is the day to load

>> No.9774758

>>9774529
>loan
>listens to others, doesn't know what to do
Please be fucking kidding, idiot

>> No.9774908

>>9774758
Fuck. Im pretty scared right now desu. You have no idea what I had to do to get that money and what the consequences are if I get liquidated.

>> No.9774964

>>9774758
>>9774908
Darwinism at work boyos

>> No.9774984

>>9774908
You need to learn TA (learn about volatility (Bollinger bands), moving averages...) and decide your entry point carefully and even then you might get fucked. Leverage is amplified gambling.

>> No.9775042

>>9774908
do tell, perhaps you could prevent another anon from following your mistakes

>> No.9775246

>>9774908
It's 100% your own fault. How does that make you feel?

>> No.9775277

>>9774757
kek. i wouldn't be surprised if BTC went under $7500 within the next hour.

>> No.9775330

>>9775277
And there it goes. Absolutely liquidated, OP, assuming you're not a LARP.

>> No.9775398

Liquidation in 10..9...8... na I'll pull a super master buy order....1 sec

>> No.9775414
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9775414

AHHH NO my internet gibs monee

>> No.9775446

Sorry some dick sold even lower to make it drop more, I think it was some prick farming the chat,

>> No.9775500
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9775500

>>9774529

>> No.9775509

kek get fucked OP

>> No.9775648

>>9775398
That was me. Barts are near symmetrical, I'm buying back at 7400. OP should have shorted today and closed out around 7450

>> No.9776054

>>9774529

You deserve to be poor

>> No.9776372
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9776372

>WTF. I'm going to be liquidated if we hit 7490. How fucked am I?
so did op have a heart attack?

>> No.9776407

There was a rise recently that lasted several days (from 6900 to 7800). Why would you even think that the price would continue to rise? The worst possible moment to go long.

>> No.9776549

who gave you a 25k loan lool

>> No.9776954

>>9774529
this has to be larp

>> No.9777299

too bad it wasn't bitfinex... they dropped to only 7491 so far.