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/biz/ - Business & Finance


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18364126 No.18364126 [Reply] [Original]

Why aren't you trading with leverage?
it's literally free money

>> No.18364229

>>18364126
How do I trade on leverage. Apparently I’m not doing it because I don’t know what it is.

>> No.18364370

>>18364229
don't leverage is for people who know what they are doing and are capable of taking calculated risks. OP isn't one of them.

>> No.18364712

>>18364370
>>18360852

>> No.18364747
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18364747

>> No.18364748

Whelp OP you've done it now bro

>> No.18364755

>>18364126
>-20 bitcoin worth
jesus christ imagine gambling that much

>> No.18364783

its over for me i shorted the most obvious bull trap and it kept fucking going up because the whole system is fraudulent and they wont stop printing money. now i get to watch them dump it while i stare at my empty wallets

>> No.18364801

i am, but on prime-xbt.io cause bitmex is a scam.

>> No.18364811

>>18364783
who do you think they are trying to make money for anon? you or them?

>> No.18364820

How come bitmex doesn't let me make leveraged trades properly only safe faggy 10x it always errors when i try for large gambles?

>> No.18364850

>>18364126
Leverage trading is the way to make it if you actually know what you're doing

>> No.18364895

>>18364126
Because I am american and apparently I can't.
Bitmex,Binance and Kraken have locked leverage. tell me i am wrong so i can leverage.

>> No.18364911

>>18364895
>Kraken
Really?
Time to abandon ship then.

>> No.18364995

>>18364370
How do you know he doesnt have 200 btc?

>> No.18365009

>>18364995
Because he still posts here

>> No.18365072
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18365072

>>18364370

>> No.18365100

>>18364850
>knowing what you're doing
>leverage trading

pick one

>> No.18365119

>>18365072
100 bitcoin my god man

>> No.18365193
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18365193

>>18365072
did you short the bottom ?

>> No.18365308

>>18364820
It is beacause of the pink line in the chart.

>> No.18365315

>>18365193
based on the time frame he had to of been long during the pandemic dump to 3.6k on mex..ouch

>> No.18365378
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18365378

>>18365072
wow. 700k would change my life. gonna be honest fren I would neck myself.

>> No.18365382

I only put $150 into my Robinhood account since my burgerflipping job cut me to 16hrs last week. Should I just be holding my funds and wait for further drops or should just kill myself now?

>> No.18365395

>>18364850
But literally the market works against you every time.

>> No.18365409

>>18365072
I hear fentanyl is fast and cheap

>> No.18365451

>>18364850
Can you share which strategy one should engage in to make it trading?

>> No.18365461

bruh leverage is too stressful im pretty sure im going to lose all my money i get liquidated 50k at 8k

>> No.18365552

>>18365461
Enjoy liquidation

>> No.18365646
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18365646

>>18365382
Make some quick cash on tomorrow spike, or hang out for longer You missed out this morning.

>> No.18365680

>>18365072
I don't get this. Why didn't you cash out? Greed is what makes most traders go bust.

>> No.18365742

>>18365072
>>18365315
Holy shit man
Is that your entire stack OP?

Are you a whale trading with only 10% of your port or something, and you have hundreds of bitcoins in cold storage?
Or is this the death of another degenerate gambler?
Or are you just baiting us with inspect element?

>> No.18365776

>>18365680
700k is not enough to retire on, especially if you're 20-something young in an expensive 1st world city.

Leverage here made no sense though, all he needed was the next bull cycle, and he'd be retired happily with possibly $7 million if he sells the top.

>> No.18366216

>>18365072
https://www.youtube.com/watch?v=jJPmZFUDoi8
feel better

>> No.18366461

>>18365072
dude where;'s the green text. you can't post taht shit without story

>> No.18366479

>>18364126
been watching mex shorters get fucked and taking their fees all the way up

>> No.18366759
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18366759

>>18364995
nigger, even if you have 200 btc you can't lose 10% of it (20 btc) on one single position.

>> No.18366765

>>18364126
I am. I'm buying PNK because I'm bullish on ETH.

>> No.18367522

>>18366759
are you fucking new? of course you can. that's what over leverage does to you. depends on how much you leverage, one swing on the opposite direction can wipe your whole positions.

>> No.18367547
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18367547

>>18365072
Thank you for your money

>> No.18367591

>>18364126
i am leverage trading allows you to expose a fraction of your portfolio to counterparty custodial risk

>> No.18367608

>>18364126
Because the rates dip a cents below forced stop loss for a nanosecond and shoot back up as a big fuck you. This shit is rigged, they do not want you to have it easy

>> No.18368759

>>18365382
150 aint gonna cut it bro. Better buy a $20 digital scale, ziplocs, and a half oz. of weed. Flip that shit for a few months at least.

>> No.18368774
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18368774

>>18367547
Meanwhile IRL

>> No.18368796

just load up more anon open another short this time you will make it

>> No.18368797

phemex is a good exchange for lev trading op

i usually just use cross leverage though

gotten liq'd too many times

>> No.18368807

>>18368774
Sure, I hear Argentina is lovely this time of year.