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/biz/ - Business & Finance

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8675418 No.8675418 [Reply] [Original]

I have a good pal who made thousands of dollars shorting Bitcoin since March. He told me if I wanted to know more about this I should come here. Can anyone explain to me what shorting is and how I can make a killing with it? I need money to buy a new lawnmower and renovate my house.

>> No.8675449

You came at just the right time. Get on your vpn and sign up on bitmex (don't worry its not anything to do with dirty untrusworthy mexicans) and right now if you're quick you can open a 100x short before bitcoin drops $800. If you do it quick you can make $80k off only riskin $1000 and right now you have nothing to lose!

>> No.8675467

>>8675449
Thanks buddy. Is it bitmex.com? Can I transfer money with my credit card?

>> No.8675471

Perfect timing friend, I currently have a 100x short open and I'm making thousands of dollars every hour. Hop in, the water's warm!

>> No.8675486

>>8675467
That's correct. Get used to it, its a 3 year bear cycle so the risk is much less.

>> No.8675504

>>8675486
Alright so Im thinking about investing 50k. The more you invest the more you make right? and short with 100x leverage. Correct?

>> No.8675549

>>8675504
dont go 100x or even 50x, 25x is pushing it already.

>> No.8675554

>>8675418
>the virgin long investor
- hours of research, most of which is just reading lies because there's no way to get real info
- humiliating and time consuming kyc checks to get into the good icos
- constantly has to watch the market and news in case shitcoin turns out to be fraud
- bear market fucks gains anyway even if everything done perfectly

>the chad btc shorter
- huge gains from leverage everytime btc drops a small amount
- btc always drops, no research required
- thousands of dollars earned in an easy hour thanks to volunteer fud spreaders
- supported and powered by bogs, can't be stopped

>> No.8675558

>>8675504
so with that 50k you dont want to buy a new lawnmower?

>> No.8675566

>>8675418
This

I have been making SO MUCH money shorting since january. It's ridiculous. I will keep going until bitcoin is less than 1k

>> No.8675567

>>8675504
Use your credit card on coinbase to buy BTC on coinbase and then move the BTC to BitMEX. But before you do that, sign up with BitMEX through this link as it will give you 10% off trading fees. If you don't you're just throwing away money in fees that you don't have to pay. Link: https://www.bitmex.com/register/SVU1C1

>> No.8675581

>>8675558
I'm taking 50k from my wife's savings.

>> No.8675591

>>8675567
Thanks bud

>> No.8675632
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8675632

is this you again, anon?

>> No.8675707

>>8675591
I honestly don't know if you're memeing or not anon but I'll see if you signed up