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/biz/ - Business & Finance


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7228994 No.7228994 [Reply] [Original]

100x short on 10 btc.

If I get liquidated I kms. Liquidation at $8780.

Let the games begin.

>> No.7229049

fucking moron were about to head to 9k

>> No.7229072
File: 52 KB, 792x600, IMG_2187.png [View same] [iqdb] [saucenao] [google]
7229072

Don't do it

>> No.7229080

When does the contract close?

>> No.7229100

aehm i thought we head back to 12k and then go down again

>> No.7229121

>Wait for march 30k BTC price

or

>Gamble 10 BTC at a paper thin margin.

Wtf is wrong with you?

>> No.7229137

It's down $50, quick close your position right now

>> No.7229154

>>7228994
screenshot it fag or didnt happen

>> No.7229171

How do you short btc?

>> No.7229173

stop larping

>> No.7229189

>>7228994

thats dumb, we are going up for a while now

>> No.7229247

>>7228994

we're about to get a dead cat bounce. It will go back up to at least 10k mate.

>> No.7229267

>>7229072
Too late. Me and my brother were abused as children, we live together and have no friends.

I'm probably going to kms either way and leave it all to my brother. I'm a bit drunk now.

The way I see it is that either way I win. If it liquidates I'll get the last push, if it doesn't I've done something good in my life for fucking once and my brother can have it. Looks like I was fucking right lolllll, started at $8980

>> No.7229310

>>7229267
>>7229072
Meant started at $89680

Either way I don't give a fuck lol it's been fun

>> No.7229442
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7229442

10 btc up

LETS FUCKING GO

MILLIONAIRE HERE I COME

>> No.7229453

>>7229442
pls close

>> No.7229544

>>7228994
Well, OP I actually wish you good luck. If you can do it I want to believe I can to. What kind of profits are we looking at, say if the price falls to $8000?

>> No.7229580

>>7229442
CLOSE IT MAINE

>> No.7229602

>>7228994
nigga you crazy

>> No.7229604

>>7229453

AHAHAHAHAHAH

fuck it u know what I will. Closed at $8535, 15 btc up

I love everyone on tbiz and I hope you all make it to lamboland and get gfs

>>7229544
Roughly 1 million but already pussied out, nattty $130k gains though kek

Fucking normalfags btfo as always

>> No.7229607

>>7229442

Close it now retard.

Take your profits and leave. Greed is how you lose everything.

>> No.7229646
File: 1.93 MB, 235x240, 1517341035290.gif [View same] [iqdb] [saucenao] [google]
7229646

>>7229604
pheuw, gj anon

>> No.7229677

>>7229604
is dat u misc

>> No.7229704
File: 61 KB, 1000x800, Cozy poster Apu.jpg [View same] [iqdb] [saucenao] [google]
7229704

>>7229171
>create account on Bitmex
>send bitcoins to account
>create sell order for XBTUSD
>100x leverage
>???
>instant liquidation of your full balance

>>7229604
Well, my nigger that's pretty cool for 20 minutes of trading if not LARP.

>> No.7229707

>>7229677
No I just browse biz and r9k

>> No.7229715

I don't understand this thread. Someone explain what op did

>> No.7229720 [DELETED] 

>>7229604
Good.

Can celebrate by sharing the wealth with a poorfag - 1DtkrUJFRtTaxYcdneydySvo3cWD4uRiRY

>> No.7229765
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7229765

>>7229715
He took a firm grip around his balls and wipped them around

>> No.7229776

>>7229715
I did something fucking retarded which turned out ok and I shouldn't have done.

i'm now turning off my computer and having a 3 hour long shower since it's going down again and I'm feeling greedy.

>> No.7229778

>>7229604
Help a Venezuelan out

1BqjbSkVeAbH6AAzWkxiZBN2DbbsTdK9tq

>> No.7229834

pls adopt me, i will suck your dick daily

>> No.7229879

>>7229604

Good - now please help a brother out.

1EgnJnBC2UzLm1H8sDruKQiBFNtJmFcgU3

>> No.7229981

>>7229715
He locked in his BTC at 8780$ (with a trezor)

>> No.7230088

do more good and keep me from a live of student debt <3
1M5gYGrWQsgCw24NmbncaAX84ynEaxgMbu

>> No.7230210

gj op, but for any other suicidal faggot out there
don't fucking go on bitmex
instead hop on the ponzi train
http://scam.funsite.cz/yolo.html
if you've got 10 btc (100 eth) you can manipulate the crap out of this shit

>> No.7230241

>>7228994
This is suicide

>> No.7230279

>>7230088
>>7229879
>>7229778
fucking cancer

>> No.7230285
File: 128 KB, 2444x1330, Magnr-Trading-Blog-Leverage.png [View same] [iqdb] [saucenao] [google]
7230285

>>7229715
I would actually like to explain it to you but I would make technical mistakes, so let me just keep it simple. Using leverage, you can effectively create buy and sell orders for more than you own. Using 100x leverage you are buying or selling 100x more than you can afford with what you have in your balance. This means you could potentially make massive profits, but it also means that if the market goes in the opposite direction you will lose money 100 times faster. And once your losses reach the amount of your real balance your position will automatically be liquidated. At 100x leverage, tiny movements in price could mean you lose everything, and this is especially risky with something as volatile as bitcoin. It's extremely, extremely risky.

>> No.7230290

>>7229776
DO IT AGAIN PUSSY YOU WON'T

>> No.7230376

>>7229776

Only throw back in what made this time around. Don't get greedy man.

>> No.7230401

>>7229171
I would suggest you learn TA before you start trading. You can train using their testnet (free).
Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If you're going to sign up use my reference code, using a reference code gives you a %10 discount in fees. May not sound like much but it's saved me hundred of dollars in the past weeks: https://www.bitmex.com/register/toYHiE

BitMEX (the "mex" stands for Mercatile Exchange) is the only exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).
Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10000. Let's also say you only have .01 BTC to trade with, or $100 worth. With .01 BTC at x100 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8000, if you close your position you then get that $2000 in profit paid to you in BTC, that's a 2000% profit

- Interface is amazing with professional grade advanced order types
- Liquidity it offers is completely unmatched, it's the biggest exchange volume wise: https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/
- BTC deposits take less than 10 minutes: just 1 confirmation from the network needed
- Never down, doesn't matter the load, no shady flash crashes caused by website being down like Poloniex does

>> No.7230849

>>7229442
JUST CLOSE IT GODDAMNIT

>> No.7231088

>>7229442
Fucking MADMAN!

>> No.7231249

If not a larp, then good fucking job op. Absolute insanity.

I told myself I would try 100x’ing before I got out of this crypto nonsense just to enjoy the thrill. Might go for it this weekend.

>> No.7231286
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7231286

>>7228994
>>7229442
>>7229604
how many times did /biz/fags done shit like this and were BTFO?
Im glad I witnessed this tho

>> No.7231421

>>7230088
you're fault for not study in Europe you stupid mongrel

>> No.7231807

Pics or it didn't happen you fucking nigger Jew kike

>> No.7231886

I guess you could make money, most likely chinaman sells, unless of course whales decide to BTFO you again.

>> No.7232083

>>7229778

Fuck off parasite. Proof enough your people deserve what is happening to them. I spit in your quivering, outstretched hand.

>> No.7232120

>>7232083
Jokes on you. Spit is going for a premium in Venezuela.

>> No.7233571

>>7228994
RIP.

>> No.7233623

>>7233571
he cashed out at 130k profit

>> No.7234503

>>7228994
OP, you should really do a day without trading now. After such big gains is often the time when you make big mistakes and lose it all again.

>> No.7235559

>>7229049
/thread

>> No.7235611
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7235611

>>7228994
>yuge leverage
>paper thin margin
fucking retard you deserve to lose all you money

>> No.7235810

>>7230285
>>7230401
Was literally about to ask if it's worth it with sub-1k amounts. How are the fees (deposit/withdraw/trading) ?

>> No.7235823

I don't suppose a stop loss for this shorting would've prevent economic suicide?