/biz/ - Business & Finance

>>8086085
Skimpletong. Z say no margin.

>>8086085
sounds a little early to call that.
pretty sure we're going up till the test at 11500

>>8086109
Z can suck a dick

Reasoning?

>>8086085
>Pump it to 13k
*Click

>>8086127
nicely done lmao

>>8086146
May the bogs lead you in.

>>8086127
Why do you want more? Go take a break and smoke a cig.

>>8086162
>20k

>>8086130
Volume very low, suggests exhausted bulls. Expecting a bullish retracement to make higher lows.

>>8086085
testing out the new trip huh omegafag ?

/biz/ is a drama queen tripfag pageantry now

>>8086127
GG

>>8086127
well done

>>8086191
Sound. I would say 10.7 seems a little too low to me but I have been counting this as a 1 wave. Good luck to you.

>>8086085
Have fun loosing money

The charts are so obviously painted by bots, this whole shit show is manipulated. Then one day, maybe tomorrow, maybe next week, maybe next month, they will crash it into oblivion

If any of you are thinking about using Bitmex here's a signup link to reduce trading fees:

https://www.bitmex.com/register/n5DEIU

I second OP's call, we're retracing to at least 11150.

Do you have a discord or telegram OP?

>>8086381
Keeping updates at https://twitter.com/Zata_Zu

>>8086388
You've made some good trades OP. Keep up the good work.

God how the fuck do I use Bitmex

I'm with you op let's do this shit

You should change your faggot trip to Liquidated

Already down $100. Bullfags rekt.

>>8086413
Isn't hard. A very user friendly platform, try shit out at the testnet if you feel uncomfortable.

>>8086127
nice job dude

OP how do you set a stop loss on bitmex? Also, how do you make partial sells?

>>8086827
Go to "Stop Limit" and set a Sell Stop. Also, to sell partial, just file a sell order with the amounts of contracts you want to close, you can't have two positions open at the same time.

>>8086127
anon how tf did you increase your stack that quick? 50x leverage?

>>8086977
Shorting from 11750 to 9500, swingtrading on bounces in-between.

LLLLUIQIDATED

>>8087029
How could you swing trade with a position already open?

>>8087330
I didn't hold the position from 11750 all the way down.

Increased my position. High volume dumps followed by very low volume recovery.

>>8086413
If you're smart, you don't use Bitmex.

>>8088480
looks interesting, if I get it right you are margining with relatively low amount, since you have withdrawn most

will check out this thread in the evening

hol up

>>8086121
This is what I've been thinking, test 11500 and drop back to 11-11.2k before the next leg up.

>>8088480
i also wonder how can you survive through green candles like the ones that happened from 9.5k to 10k and then 10k - 10.5k, they seem completely unpredictable

how does the market behave after such enormous rises?

Screenshot of position or larper.

>>8088692
>>8088627
I initially thought this as well, in fact I predicted it 3 days ago https://twitter.com/Zata_Zu/status/969082800707198981 . but it seems like the bulls have ran out of steam and we need a refuel before 11.5k.

>>8088627
Stoploss is your friend.

>>8089250
u in trubs anon

>>8089250
Lol unlucky lad

>>8089250
Enjoy your liquidation.

The WORLD is not anymore the way it used to be

>>8088692
Depends on who you're talking to. The pajeets here don't talk about it, the nolambos here only make smug "expert" comments when it's green, that make no sense.
I just watched a faggot reference the "one trillion dollar" meme in the BitMex trollchat, but larped that it was from his "Wall Street friend", and all the idiots in the chat bought it hook, line, and sinker.
Everyone is an expert when it goes up. Nobody says shit when it goes down. Nobody knows what the fuck is really going on - bots are running the show.

>>8089636
What kind of leverage do you think people are using?

>>8086085
>Short open at 11369
>11414 as I type

>>8086085
liquidated

>>8089636
>>8089639
>>8089676
>>8089639
>>8089701
>>8089722

>>8086085
>Closed my long positions. Entered a 10x short at 11369. Sell targets 11100, 10900, 10700, Stoploss 11500.
I'm a child. Explain:
>Closed
Withdrew something maybe?
>long positions
Shit you've held? In BTC?
>Entered
Bought into something?
>Short
Short-term trade maybe?
>Sell targets
Has to be where you plan to sell BTC?
>Stoploss
You don't buy here? Is that it?

>>8089744
another fag who got lucky before getting completely fucking rekt.

>>8089744
shh don't tell them. I want those retards to loose money

>>8089744
I think you may have misunderstood something. His liq price should have been in the 12.5k range and he has a stop at 11.5k.

>>8089744
>10x at 11300 liquidated at 11400
fucking brainlet cult following

>>8089770
They think everyone is using 100x leverage or in this case 150x leverage, nevermind OP said 10x.

J U S T

>>8089744
he said he has a stop loss at 11500 you fucking retard. imagine being so dense you can't read a full tweet. tripfags just keep outdoing themselves

>>8088549
And if you're poor

prepare uranus OP

>>8086085
I'm not sure you're gonna get this one OP. I think there's a chance we got 12k next.

>>8089744
Fucking retard
Shhhh faggot

>>8089762
Long: you borrow usd, you buy btc with the borrowed usd, some time later you sell the btc, you give back the borrowed usd + small fees, if you sold higher you earned money, if you sold lower you lost money

Short: you borrow btc, you sell the btc you borrowed, some time later you buy back the btc, you give back the borrowed btc + small fees, if you sold lower you earned money, if you sold higher you lost money

Close a long: sell the btc you bought with the borrowed usd

Close a short: buy back the btc you borrowed and sold

Enter (or open) a long: borrow usd and buy btc with it

Enter (or open) a short: borrow btc and sell it

Sell target: price at which you plan on closing your position (longs and shorts are positions)

Stop loss: price at which you close your position if it goes too much in the wrong direction (the direction where you lose money)

10x: leverage 10. If you put $1000 at stake and you open a position with leverage 10, you borrow $10000 (for a long) or the equivalent value in btc (for a short)

you must be sweating bucketsd right now op
good riddance

>>8089876
Thanks, anon.

>>8089744
What are these things you are highlighting?
He went short at 11359, and you are saying the liquidated short at 11344 (the other price you highlighted, which is LOWER) is his short being liquidated?

And do you understand what SL 11500 means in that tweet?
Do you not know what stop loss means?

This is just so stupid on so many levels.
I can't believe you'd assign a tripcode to this level of idiocy. Proud of being a brainlet?

>>8089904
>Price moves .36% in the wrong direction at 10x leverage
>People think its liquidation time

see
>>8089881
>>8089821
>>8089767
>>8089765
>>8089744
>>8089722

>>8086085
please bitmex shaman, tell me my leveraged short opened at 2776 on etc yesterday wont get liquidated,
liquidation price 3200, etc had a series of green dildos from 25 to 26 cutting my profit in half. please tell me im going to be fine

>>8089931
The thing which took me by surprise about Bitmex is how far the liquidation price drops when you add all your funds. It feels stupid to not go all in at 100x leverage if your position is looking favourable. I longed BTC at 10.7k and my liquidation price was around 5.5k. Never gonna happen.

>>8089971
If you merely increase the margin you're not increasing the size of your position. Also 5.5k is still definitely possible so don't go on vacation leaving your position open

>>8086085
I think you're gonna get stopped out very soon if you still haven't closed that short.
I am looking at this TA here: https://youtu.be/AsnGwluZlQU

And for now it's coming to life. This thing is going to 12k minumum.

>>8089971
>If you merely increase the margin you're not increasing the size of your position
What are you doing then? I couldnt figure it out desu. Why does it automatically assign only a small % of your funds to your position and not all of it?

>>8090102
meant for >>8089997

faggot op ready to get liquidated

>>8086085
You are about to hit that stop loss anon.

>>8090102
It depends on the size of your position (the quantity value) and your leverage

Say you open a long of quantity $10000 with leverage 10. You're putting at stake quantity/leverage, so $1000, around 0.087 btc.

Leverage 10 means your position gets liquidated when the price move 10% in the wrong direction (leverage 20 means 5%, leverage 50 is 2% ...).

When you're increasing the margin of your position, you're increasing the money you have at stake in your position while reducing the leverage (you're moving your liquidation price further away) but the size of your position remains the same.

If you want to increase the size of your position you need to execute a new order (without closing the previous position obviously)

>>8090208
Sucks man. I don't have a horse in this race, but it pains me to see a fellow biz fag get rekted.

Just hit 11500 on binance.

>>8090242
he's trading on bitmex

>>8090250
I know...just popped over there. It's 11335 at bitmex. Is their pricing lower than the global average typically?

>>8090242
Also 11500 is the Stop Loss not the liquidation price although I think 11500 stop loss is almost doomed from the start see
>>8088627

>>8086085
never doubt the king
In the end this thread confirmed my decision to never gamble
you might win once or twice but in the end probability will always win ALWAYS

>>8090282
It's 11450 right now. You're off by about 100 dollars.
And their price varies, sometimes it's higher and sometimes lower than on other exchanges. But there is something on Bitmex called *mark price* which keeps a good average despite the fluctuations.

>>8086085
RIP OP

>>8090352
That's right permabull alpha bois win again 50 fucking mil eoy

>>8086085

did you got rekt

>>8090467
He's about to take a 1.2% loss unless he moves his stoploss.

>>8090282
it hasnt been 11335 since a few hours ago

>>8086109
It's simpleton, not skimpletong, that shit doesn't exist you soycuck

>>8090544
Bitmex is struggling to break 11450 he'll be fine

>>8090694
Even if it hits his stoploss people are acting as if such a small loss means you get rekt, they seem to think you get rekt unless you hit the peaks and bottoms perfectly.

down we go

>>8086085
Thanks bud.

>>8086336
This. Stop looking at charts. Instead look at Bitfinex.

If Bitfinex price is higher than GDAX and Stamp, it will keep pumping. Short it when they have turned off their buy bots.

>>8090629
Skimpskomp

>>8090629
>he hasnt seen smimkplmetons in action

>>8090629

>>8089902
5min on investopedia would do you wonders too :^)

STAY LONG YOU FUCKING RETARDS

>STAY LONG YOU FUCKING RETARDS

STAY LONG YOU FUCKING RETARDS

>STAY LONG YOU FUCKING RETARDS

STAY LONG YOU FUCKING RETARDS


It won't be crashed until normies start whiffing it again

I have a short open since 11050, but I have a baby leverage so I'm pretty far from liquidation

>>8091778
shorting now anything more than 3x is risky make sure you limit losses

I dont margin trade, but a nice alr bloodbath would be nice.

has there ever been an anon on here that ever gets margin trading right?

>>8091964
Oracle is against it, but you can just margin his callls

>>8091732
normies aren't quite ready to be fleeced yet, they're still recovering from buying at 12-19k and selling at 6-8k.

like sheep, manipulators will let their wool grow back before harvesting again. the only people who are being played right now is early-mid adopters who are playing with more money than they could ever re-buy into, if they ever lost it.

>>8091964
Maybe once or twice, never consistently.

how many bounces off 11.5 now ?

>>8086085
RIP

>>8086085
give us an update faggot
with proof

>>8092436
>>8092614

What's there to say, price has moved 1% in the last 11 hours. Nothing has happened really because barely anyone is buying and even fewer are selling.

Update: Looks like my initial 11.5k prediction might come true, still, we're facing a lot of heavy resistance and I strongly doubt we'll consolidate above 11.5k. Moving my stoploss to 11650. Graph is looking very good medium-term, but as stated earlier I'm still expecting a retracement before running to 12k.

>>8093278
thanks for the update

now proof of position

There you have your 11500 OP. I told you, this TA here >>8090095 is on point.

You were on the wrong side of the market. But now you still have a chance to make up for it.

>>8093665

>>8093665
This >>8094001 is me. Logged on my laptop to take the screenshot, no idea how to screenshot on my mobile.

>>8089744
>can't do basic math because retard

GG RIP

>>8086127
Holy shit u turned 0.2 btc into 6 within a week.

>>8087029
what was your leverage though, and yeah z can suck a fat cock, faggot was quick to leave as soon as we dropped to 9.5k after his meme lines were wrong about breaking out to 12.8k.

>>8094372
Judging from his profits and the closing prices he might be using x10 and x25.

>>8094019
hold power button plus down volume

>>8094372
lol he's posted like 6 threads since then

there is just not any new money flowing in
it only comes from the alts that bleed dry

OP losing some money on this one

>>8094521
Yeah no shit, he's back after the drop to let you skimpletongs know it's going up forever again.

>>8086085
so far this is checking out

soon