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/biz/ - Business & Finance

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30400874 No.30400874 [Reply] [Original]

Oh no BOBO

>> No.30400941
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30400941

>>30400874
BOBO ARE YOU OK? ARE YOU OK BOBO?

>> No.30401029
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30401029

>>30400874
>>30400941
heh
heheheheh

>> No.30401038

>>30400874
What does this mean

>> No.30401054
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30401054

>>30400874
BOBO
BOBO ARE YOU OK?
ARE YOU OK BOBO?
ARE YOU OK?

>> No.30401061

>>30401038
somebody forgot this week was stimmy week and got BTFO'd

>> No.30401102

>>30400874
>NO REFUNDS
F

>> No.30401116

>>30401038
someone bet like 100 000k on 100x leverage that btc would not hit 50k before it hit like 40 or something and failed so lost 10mil lmao

>> No.30401117
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30401117

>>30400874
yes but liquidated LONG is on the horizon
only one of us can make it and its not you mumu

>> No.30401124
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30401124

>>30401038
It means nothing, don't worry about it. Bobo is fine. He will never die.

>> No.30401145
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30401145

>>30400874

>> No.30401196

>>30400874
Do I read this right? Somebody just lost 10 Million because he shorted Bitcoin? Or what happened

>> No.30401245

>>30401196
yes you read it right, but it was probably a 100x leveraged short, so they just lost 100k most likely

>> No.30401382

>>30400874
Lol how much leverage did you use bobo?
$1K pump liquidates you lmao.
It was probably a make it unquestionably or hero move. $10M wasn’t enough.

>> No.30402145

>>30401116
Liquidation means the position was forced closed at 100% loss. The maximum possible loss is approximately 100k in that case, not 10M. (Slippage might increase or decrease the actual loss depending on how fast the price moved past the liquidation price).

>> No.30402993

>>30400874
>placing a bet so large
>getting rekt
he must have had an actual good reason to risk so much

>> No.30403055
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30403055

>>30371078

>> No.30403214
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30403214

F

>> No.30403778
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30403778

>>30400874

>> No.30404130

>>30400874
fuck you shorting this shitty market is the only good tactic, you idiots are delusional for thinking this has anywhere to go but down

>> No.30404325

>>30404130
>anywhere to go but down
why?

>> No.30404389
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30404389

>>30403055

>> No.30405445
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30405445

Comfy.

>> No.30406622

>>30405445
why quarterly and not perpetual?

>> No.30406740

>>30406622
Because I entered this position a while ago with plans to hold it for a while. Perp contracts would've been expensive to hold this long.

>> No.30406972

>>30406740
Because you dont pay funding % on quarterly? How do you decide for what end-date to hold? Because 0326 is pretty soon right?

>> No.30407264

>>30406972
Yeah, no funding.
>How do you decide for what end-date to hold?
0326 is the only choice for BTCUSDT on Binance Futures. They have one for June in the coin-margined futures, but since I had USDT and wanted to hold that in USDT, I used 0326. It's was long enough that I thought we'd be out of the worst part of this dip by the settlement date.