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/biz/ - Business & Finance

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16776366 No.16776366 [Reply] [Original]

>> No.16776389
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16776389

>>16776366

>> No.16776394
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16776394

>>16776366

>> No.16776419

>>16776366
Why would a short do a buy? That makes no sense. Is that 1m of actual money? Or the leveraged value? What the actual does ANY of that mean - Idk

>> No.16776425
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16776425

>>16776366
Guess that's the bull run over

>> No.16776433
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16776433

>> No.16776435

>>16776419
when you short you borrow, in order to close out your position you need to buy it back. So if you sell low and buy high, you get REKT.

>> No.16776447

>>16776419
depends on the leverage. eg if his position was 10x leveraged, he just lost $100k.

>> No.16776451

>>16776419
They're forced (by the platform they borrowed from) to rebuy the amount borrowed if it goes too far the opposite direction.

>> No.16776531

>>16776419
pea brain retard

>> No.16777132

>>16776366
Why people still use Bitmex?
It's painfully obvious they trade against their costumers.

>> No.16777149

>>16777132
The trollbox is where great discussion is had.

>> No.16777173
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16777173

>>16777132
They have the most liquidity, no KYC, and access to leveraged products. I also agree they're a shit exchange which is why I invest in their DeFi competitors.

>> No.16777188

Not to mention the exchange is a Mexican-based one: Bit(MEX) - BitMEXICAN

>> No.16777269

>>16777188
Lmao