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/biz/ - Business & Finance


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12790965 No.12790965 [Reply] [Original]

JUST SHORTED BTC WITH ONE THIRD OF MY PORTFOLIO ON X100 MARGIN NO STOP LOSS LIQUIDATION AT 3935$ EVERY 1% DOWN GIVES ME 19400$

>> No.12790989

Which exchange faglet ,livecoinwatch says 3938 so you're justed

>> No.12790991

>>12790965
Okay, count me in. I'd like to see how this degenerate gambler does. 100x shorts just increase the chances of BitMEX pumping bitcoin for us so this should be good.

>> No.12791000

>>12790965
and post proof

>> No.12791005

>>12790965
BASED. I fucking hate bears but you're cool Anon

>> No.12791016

>>12790965
proof

>> No.12791024
File: 316 KB, 586x604, 1540281064139.png [View same] [iqdb] [saucenao] [google]
12791024

PÄÄÄMP EEET

>> No.12791038

>>12790965
that is very tight liquidation
you might get justed

>> No.12791049

>>12790965
Retard, it's going to do a fakeout (liquidate you) and then dump.

>> No.12791062

he's already been liquidated

>> No.12791546

dont worry anon my poor sell limit orders are going to protect you

>> No.12791559
File: 17 KB, 1303x238, Screenshot_1.png [View same] [iqdb] [saucenao] [google]
12791559

>>12791546

>> No.12791584

>>12790965
You’re about to get JUST into oblivion. I’ll give you 2 hrs to close before I pump btc to 4100.

>> No.12791608

OP: you could have just bought Link, nigger.

>> No.12791657

>>12790965
can u please explain how the x10 x50 x100 thingy works?
cheers

>> No.12791682

>>12790965

A third of a filthy pajeet portfolio

The absolute state of biz

>> No.12791686

>>12791657
/biz/ doesn't need brainlets

>> No.12791690

>>12791657
100x and Arthur sends you a thank you email.

>> No.12791919

>>12790965
I know the basics of bitmex but how can you tell what your profit would be for each percent down? I know OP is probably larping but you said you would get $19400 in profit each 1% down. How do you know that?

>> No.12791958

>>12791690
This. It's the same as a twitch/cam thot. Just send a few thousand to get a "thank u :)" email, or in this case, put on a x100 margin.

>> No.12791986

>>12791919
Basic math you dumb fuck.

>> No.12792015

>>12791986
Break it down fren

>> No.12792054

>>12792015
x100 is basically a x2 for every 1% bitcoin goes up, x50 is a x2 every 2% bitcoin goes up, x25 is x2 every 4% bitcoin goes up , x10 is x2 every 10% bitcoin goes up etc

>> No.12792070

>>12791657
It's called a "leverage". It allows you to invest higher amount of money that you really have because you are given some kind of credit. If it is x100 (1:100) it means that if you invest 100 dollar initially each 1 dolar change result in 100$ loss or 100$ benefit. Basically it magnifies the money you invested. Risky but if used smartly (not as OP) profitable

>> No.12792077

>>12791657
you have 0.1 btc
you trade with x10
you now trade with 1 btc
which means if bitcoin goes up 10%, rather than making a shitty 0.01 btc you instead make 0.1 btc. however, with sites you are given a set liquidation price, which means you are given a price, say you buy bitcoin long at 3640 at 100x leverage, if bitcoin moves down 1% to 3600 you lose absolutely everything you put in however if it continues you will x2 with every 1% increase.

>> No.12792108

>>12791657
>>12792077
the lower the leverage, the less risky is it and the more away the liquidation price is from you're buying price so its a risky game but if used can be profitable, x10 is usually safest with about $1k capital to start with. good luck

>> No.12792338
File: 13 KB, 348x176, shitting-bricks.png [View same] [iqdb] [saucenao] [google]
12792338

How you feeling right now anon?

>> No.12792422

oh no

>> No.12792456

>ITT: anons watch in horror as OP gets liquidated

>> No.12792665

LIQUIDATED

>> No.12792675
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12792675

Oh no no no
RIP op

>> No.12792677
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12792677

>> No.12792685

RIP dumb fuck

>> No.12792692

Damn OP.

Post proof of liq and I'll send you a bitcoin. No joking.

>> No.12792697

>>12790965
And every 1% up?

>> No.12792705

Obvious larp but if you’re serious top fucking kek F

>> No.12792713
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12792713

>>12790965
100% LIQUIDATED

>> No.12792718

where can an amerifag get into this? bitmex isnt allowing amerifags.

>> No.12792738

>>12792718
vpn

>> No.12792770

>>12792738
do they not send 1099's at the end of the year? (tax forms)

>> No.12792774

>>12792738
they blocked vpns

>> No.12792779

>>12792692
received ;-)

>> No.12792782
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12792782

>>12792456
>>12790965
>>12792718

HELLO WELCOME TO BITMEX
<<LIQUIDATED>>
THANKS FOR PLAYING

>> No.12792785

>>12792718
Deribit

>> No.12792790

>>12792713
>https://twitter.com/i/moments/967134779131998210?lang=en
he donezo

>> No.12792819

These threads are why I still visit this place desu

>> No.12792844

Nooooooooooooo

>> No.12792846

>>12792718
Use. VPN once and sign up for bybit shorting atm liq price 4300 I ain't losing shit

>> No.12792848

>>12792785
ty anon, preparing my anus now.

>> No.12792851
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12792851

>> No.12792860

>>12792785
oop nvm, deribit not allowing amerifags either

>> No.12792917
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12792917

heh nothin personnel kid

>> No.12793787

>>12790965
post the screenshot of the position or LARP
sage