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24214793 No.24214793 [Reply] [Original]

Long with 3.5x Leverage at 8600 in late may with 2300$

Now worth almost $20,000. Never had to close the trade, short, open again, track shitcoins, trade every move like a faggot.
Yet likely made more than all those that did (a 10x for almost no work).

This why it is cringe watching you faggots try play every move.

>> No.24214864

>>24214793
If you were so confident why only $2300 faggot?

>> No.24214945
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24214945

>>24214864
He's a poor fag and thinks 20k is a lot. That's why. He's ngmi

>> No.24214953

>>24214793
What a pleb I made more by just hodling LINK.

>> No.24214986

>>24214793
I don’t even leverage trade at all, I just bought my entire position near the bottom of the bear market and been hodling ever since

>> No.24214988

>>24214793
top signal

>> No.24214989

>>24214793
Good job anon. I tried the short term trading thing and made a bit but nothing like this. Well done.

>> No.24215001

Aren’t you getting felt by fees?

>> No.24215035

>>24214864

Because thats all the cash i had in my house which i just wanted to do something with.

I already have 17K Link in addition to that.

and the reason for 3.5 leverage is because its plenty if you arent a mong who wants to get liquidated because the noise

>> No.24215073

>>24214945

20k Isn't a lot. but its a 10x for nothing.
How many of you "traders" have done a 10x on all your trade since then? almost none i bet when you add it all up.
And i didnt have to do fuck all for that. Easy.

and like i said here >>24215035

already have 17k link. I just put some play money i had in cash on a BTC long

>> No.24215119

>>24215001


Nah. thats why you go for the 6 month contracts on Mex. no fees.
All you need to do is open a new position on the next one as soon as the current expires at spot value. It might look like you are red for a few days but you aren't. just a continuation of your old position so no real difference.

>> No.24215194
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24215194

>>24215073
God you new fags are retarded... Did you miss the DeFi bus anon where we did the easy 50x? Go play with your 20k and have some fun now. Go play on Twitter or something.

>> No.24215238

>>24214793
Now do it again

>> No.24215241

>>24214793
it's called gabming u degenerate piece of filth

>> No.24215243

>>24214793
> Yet likely made more than all those that did
You took a higher risk and unironically made pennies compared to any RSR, LINK, PNK holder, AVAX ICO buyer or even pajeet shitcoin flipper.

>> No.24215428

>>24215241

Lol. wut. No.
Thats how you are meant to use leverage.
you fags using 10x leverage and trading all the short term moves are the gamblers.

>>24215243

Where is the higher risk? I literally went Long at 8600 on only 3.5x leverage because it was rather obvious it was going to go higher.

In comparison to al these shot term high leverage degenerate that is low, low, low risk.

and, like I said, i already own 17,000 Linkies since early 2018. This was just a Long with all the random cash i had lying around at home.

>> No.24215478

>>24214793
Nice trade

>> No.24215572

I wish I understood how this works but I think I’m too retarded, I’ve read a couple different explanations but once I try to do it I’m like “UUUHHH”

>> No.24215715

>>24215572
you borrow money and trade with it. If you choose 10x you have 10x your money to trade. But if it goes down -10% you lost your initial investment and you're "liquidated".

If you do it with 3,5x the coin has to go down ~30% for you to get liquidated.

>> No.24215754

>>24215572

Its not hard.

Its just borrowing money, but instead of interest rates, you have to maintain equity.

Imagine you borrow $10,000 from me. I ask you for a deposit of $5000 for this. I allow you to USE that $5000, but i want to see you have some collateral in this exchange is all.

Now you can do what you want with all $15,000. However.
However, you must maintain this $5000 equity or I will claim it for myself and you have nothing, having to give me back my $10k, and i get your 5K.
You decide to go Long on BTC with it all. BTC starts to drop. It goes down by 10%. your collateral is now only worth $3350. Once it goes to 0, you lose it all.
Vice versa for if BTC goes up. your entire position is worth more, and you have a collateral balance worth more, so you are not making more money than you would have with only $5000, and i still only want you to give me back $10,000 later.


Most services WILL charge interest, but certain contracts wont.

>> No.24215824

>>24214793
Can you explain what that means? Does that have something to do with a limit order at a low price? In other words, how do you do it

>> No.24215828

>>24215715
Dude that actually makes sense to my retarded ass, thank you

>> No.24215868

>>24215754
You fuckers are the best I swear, thanks anon