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/biz/ - Business & Finance

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24271600 No.24271600 [Reply] [Original]

Just lost all my money (five figures) betting on a 20x long ama

>> No.24271632

>>24271600
why do you retards use levers? just buy the coin without margins wtf

>> No.24271650
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24271650

>>24271600
>loosing his made it stack right before the gbr
Well deserved retard

>> No.24271658

>>24271632
2x feels pretty safe

>> No.24271662

>>24271600
>when becoming a millionaire in a few years isn't fast enough

>> No.24271665

>>24271632
I was always a spot only dude but I keep reconsidering to do some margin moves. Should I not, then?

>> No.24271672

>>24271600
really? well you probably have a job and can replace that money quickly. i'm a neet so that sort of loss would destroy me

>> No.24271679

>>24271600
based retard

>> No.24271696

>>24271665
did you not read the OP?

>> No.24271707
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24271707

>>24271600
how does this picture make you feel?

>> No.24271735

>>24271696
I have, I just assumed OP is a retard.

>> No.24271737

It's amazing how "buy LINK and then do absolutely nothing" is too hard for 90% of "investors".

>> No.24271755

>>24271707
cute

>> No.24271770

>>24271662
This. This so many times. OP could have entered the Citadel. Now at best we'll let you be a gate guard or something.

>> No.24271806

just trade on margins again and you should be up there in no time

>> No.24271890

>>24271735
can happen to anybody. especially short term the market is unpredictable. thats why so many retards on /r/wallstreetbets lose their money. its gambling. at least when you buy spot you get to keep the coins if the price tanks and can wait for recovery

>> No.24271911

>>24271600
retard use half or 1/4 of your stack to 20x using the remaining as a buffer after your immediate entry
when things look good go in with the rest
have some risk management don't just HUR DUR ALL IN like an idiot

>> No.24271921

>>24271650
>loosing

>> No.24271925

>>24271600
>five figures
OH NONOMO
THERE ARE STILL POORFAGS HERE

>> No.24271931

>>24271707
Cute

>> No.24271966
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24271966

>>24271600
anon...

>> No.24271972

>>24271632
because you make more money from market moves. are you retarded?

>> No.24272026

>>24271972
you lose more money from market moves.
ftfy

>> No.24272038

>>24271972
and you lose 100% if it goes into the wrong direction, are you retarded?

>> No.24272051
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24272051

>>24271600
Soon the great bullrun will begin, but when it does the weight of your stupidity will stay your feet, and you will never make it

>> No.24272175
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24272175

I've been playing around on the Kraken futures demo platform to work out this stuff works. Seems to make sense. But then I see all these scam wicks on the charts and it makes me think WHAT THE FUCK. You're telling me that the price of Bitcoin dropped to fucking $4,000 today then jumped up to $22,000 in the same hour? So if this is how they do it, you can get liquidated at any time with absolutely no warning and it doesn't even need to follow the overall (somewhat predictable) trend of the market. Please tell me they just put this in the demo version and real live futures trading isn't like this. Because if it is, it's not even gambling, it's just a straight-up scam.

>> No.24272426

>>24271600
well which coin?

>> No.24272573

>>24271600
>ama
>does not answer a single question
anon are you ok?

>> No.24272604

I wanted to make 3x trades but even a 26% against you, liquidates your position.

>> No.24272658

>>24271600
anon, at least you had balls and took the risk
hope you make it back

>> No.24273298
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24273298

this was just a b8 thread. get rekt, faggots. i own 10k link and i'm not reading any of your posts.

>> No.24273345

>>24273298
cope

>> No.24273352 [DELETED] 

>>24273298
>I haven't lost anything
>i own 10k link
that's the same thing

>> No.24273378

>>24271600
Murphy's law states that the moment you got liquidated is when you would have been most profitable opening you x20 long... You did have fun though right?