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/biz/ - Business & Finance


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24353815 No.24353815 [Reply] [Original]

>bought bitcoin at $17,341
>500x leverage
>goes down to $17,339
>liquidated
FFFFFFUUUUUUUUUUUUUUUUCCCCCCCCCCCKKKKK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>> No.24353827

xd

>> No.24353863

>>24353815
Even 3x leverage onlonger time frames is unsafe, 12k>19k, liquidates, then dump.

>> No.24353889
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24353889

>>24353863
Unironically had 15,9k->19k with 100x leverage, beautiful gains, dump to exactly 15,9k liquidates my ass then recovers a little to 17,3

>> No.24353922

>>24353815
>>24353889
Leverage is a scam, stop being a degen gambler and HODL to win!

>> No.24353945

>>24353922
so true if liquidation doesn't fuck you time and fees will
you literally have to time the market not only in terms of volatility and direction but also time frame literally options are better to avoid the liquidation at least

>> No.24354156

DCA and HODL is the best way change my mind

>> No.24354237

>>24353827
xdddd

>> No.24354261

Wouldn't a 0.2% move liquidate you?

>> No.24354706

>>24353889
should've closed at 19k or when it started dumping, you're an absolute retard.

>> No.24354715

>>24353815
STOP fucking with leverage. You WILL lose it all. Buy the Bond dip and wait 30 days. https://www.dextools.io/app/uniswap/pair-explorer/0x64c29aac69d3122f6e5531ceca1b753f95350af4

>> No.24354793
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24354793

>>24354706
was asleep it happened at midnight here in europe

>> No.24354825

>go 10000x long at $17341.00
>drops to $17340.99
>get liquidated

>> No.24354897

>>24354156
>>24353945
>>24353922
>>24353863
all correct. Don't fuck with leverage bros.
t. rekt by bitmex and starting again since October

>> No.24354970
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24354970

>>24354825

>> No.24355851

>>24354793
How much you could've won if you closed at 19k?

>> No.24355875

>>24354825
New fag here, what happens when you get liq'ed?

>> No.24355913
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24355913

>>24355851
20k

>> No.24355915

>>24355875
Rape.

>> No.24355927

>>24353815
How the fuck are people losing money in crypto hahaha like just step away from the screen nigga hahaha like just hodl

>> No.24355983

>>24355875
exchange takes all ur cash

>> No.24356010

>>24355875
Rope.

>> No.24356108
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24356108

>> No.24356257
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24356257

>bought btc at $200
>sold at 17.5k to pay off student loan debt
>/biz/ calls me a retard for not holding
I bought back some at 17k. I hope it drops even further before rising again so I can laugh at the idiots who think crypto ONLY goes up

>> No.24356517

>>24353815
Bad LARP's like this aren't funny anymore.

>> No.24357450

>>24355875
the agents roll up to your house and kill ur family

>> No.24357541

>>24353945
So it is not worth opening a long term 5x margin position?

>> No.24357591

>>24357541
no 5x is pointless
you need to dream big
100x