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11780323 No.11780323 [Reply] [Original]

>10x long on BTC
>10x short on ETH

What's your comfy weekend position?

>> No.11780524
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11780524

Bought 20kAUD worth of ETH when it was like $3-4... Realized that it and all crypto was literal bullshit when ETH was at ~$30.

Sold up "everything", banked it. Continued living nice Australian life.

That big ass bump happening end of 2017. "Shit maybe I should check all those crypto accounts I had". Scraps maybe a couple of years ago worth 10-20 dollars in multiple accounts now worth 20k.

Some work mates talking about Ripple. "What the fuck..." put it all on XRP when it's sub $1.

Sell my XRP at ~$4AUD.

32yo. Own a nice house in Aussie freeshold. $200k in the bank. GF about to have first kid.

Life is good.

>> No.11780527

>>11780323
My on your bed while your mom is riding my cock

>> No.11780570
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11780570

>>11780323
I'm long on BTC too...I think it'll bart back up to 6300 by next week. Not so sure why you shorted Eth though.

>> No.11780593

Btw lets aay i have 0.3 btc, if I leverage 25x doea this mean that i can long up to 7.5 btc?

>> No.11780613

>>11780593
yes but u could easily lose all 0.3 if market barts

>> No.11780624
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11780624

>>11780593
No, it just means your losses are limited to 0.3 BTC.
If you don't understand leverage, the best way to learn is to just trade yourself and you'll see.
In your case, if I had 0.3BTC and I traded 25x, I would only trade 0.01BTC MAX and see how it rolls...doing your own trades are the only way to truly understand it.

>> No.11780632

long on btc is decent but if btc bounce back, so will ETH. ETH isn't as tightly correlated to BTC as some coins but it still follows the general market sentiment, which is set by BTC price.

Shorting ETH at these levels is pretty fucking reckless. $1200 ---> $174 and now you decide to short it...

>> No.11780640

>>11780632
this

no point shorting eth if ur long on btc...

btc going to 8k = eth going to 400