my ETH LONG just got margin called

[Anonymous No.3040867]

WIth my luck ETH will now rebound and moon within the next 4 hours.

[Anonymous No.3040880]

What happens now? You lose 3 BTC?

[Anonymous No.3040883]

>buying on margin
>ever

[Anonymous No.3040901]

>>3040880
4.5

no biggie but sorta sucks - i only put in trading account what I could afford to lose

was up 30 btc in profit off 5 trades, and for the last 27 trades in a row I've made small losses - then out of nowhere yesterday BTC started to moon, I tried to hold through it expecting it to stop and ETH to rebound and - well - we all know what happened next...

[Anonymous No.3040908]

>>3040880
He has a choice to hold and hope it never goes down a few more cents cause 100% liquidation
or: he can sell now and take the 95% loss

[Anonymous No.3040914]

>>3040867
Is ETH over, should I have sold at 300...

[Anonymous No.3040927]

>was literally 10 sats away from getting margin called on my XMR long

the ride never ends

[Anonymous No.3040928]

>>3040901
you just lost future millions

[Anonymous No.3040930]

>>3040867
liquidated at .0645

and as predicted, we're recovering

[Anonymous No.3040944]

TIIIMMMMMMMMMBER

[Anonymous No.3040947]

>>3040930
ETH looking good, but you people should stop using "stop-losses". Grow a pair and learn how to hold, specially because Ethereum is not just "another crypto", is the direct alternative for those who can't afford to buy cheap Bitcoins anymore.

[Anonymous No.3040956]

>>3040947
it wasn't a stop loss - it was a forced liquidation

[Anonymous No.3040967]

>>3040867
Oh fuck.. is it over? Did I make it through? Halleluja!

I was this fuckin close man.

[Anonymous No.3040972]

>>3040867

like clockwork

[Anonymous No.3041002]

>>3040956
I feel your pain.I had to run to the bank, use my credit card for a cash advance, quick put that in my checking, run home, hit coinbase for ether and quick quick transfer to Kraken.

lol

[Anonymous No.3041008]

>>3040972
Im literally in tears right now.

Holey fuk

[Anonymous No.3041017]

>>3040972
did you lose it all. I was getting nervous myself

[Anonymous No.3041041]

>>3041002
/biz/ bro, I just had to buy from coinbase quickly just to save my ass too. Close calls.

[Anonymous No.3041049]

can I have your remaining coin lol

[Anonymous No.3041073]

>>3040972
Don't worry, it happens to us all.
I'm convinced it's joo magic

[Anonymous No.3041082]

Hey at least you're not this guy.

This is a Dash short in March. Yep, at the beginning of the bull market.

[Anonymous No.3041103]

>>3040867

looks like the same happened to someone much bigger than you too, massive liquidation all the way down to 0.05

[Anonymous No.3041143]

>>3041082
this made me whince. wtf man

[Anonymous No.3041172]

>>3041082
is this the dude from last night who said he shorted bitcoin and was going to kill himself if he got margin called?
>mfw

[Anonymous No.3041232]

>>3040930
>low 0.0501
jesus, I need to have some standing buy orders on this shit

Also, who the fuck has this much money but doesn't have the intelligence to sell gradually?

[Anonymous No.3041281]

>>3040883
>not going 100x margin on BitMEX
It's like you don't even want money.

[Anonymous No.3041833]

>>3041232
people who don't live in alabama, missouri, kansas, ohio, minnesota, zimbabwe

[Anonymous No.3041865]

>>3041232
Those are margin positions being liquidated and stop losses getting hit all in one big clusterfuck

[Anonymous No.3041876]

>>3041865
i believe the term is 'cascading margin call' - the same thing happened when ETH hit like 10 cents on GDAX - you can force this to happen if you're a whale, and want to essentially go 'stop loss hunting'

[Anonymous No.3041894]

>>3040867
>hey anon, you should trade on margin, it's basically free money!

[Anonymous No.3041992]

ive spent the last 10 minutes going balls deep.

pray for me