/biz/ - Business & Finance

>>9471517
post proof of loan and leverage
you will become biz legend if you pull this one of

>>9471540
Try learning english and how to read larp Rajeet

lol youre gonna go broke in an hour

>>9471517
if true i hope you make it anon

>>9471517
Godspeed Anon

>>9471561
broke? he will make it in an hour, bro

>>9471517
I see nothing that can go wrong with this

idiot you deserve to loose it all

Go all in on TRX.

>>9471590
T. Guy who doesn’t know lose vs loose

>>9471559
try fucking your self in the ass

that would have been a baller move last year OP. you'll be homeless by EOD if you do it now.

Sure you don't want to reconsider?

>>9471517
A. Proof or gtfo
B. Bad plan
C. What’s your suicide plan.

>No way a legitimate biznessman would be without a final exit strategy for this ride.

>>9471517
Playing with leverage is extremely dumb, particularly if it's a loan, but there are so many shooters right now that they're bound to get barred. Good luck you soon to be richest man or woman or other of /biz/.

You can do it!

>>9471577
price only has to move .1% in order to get liquidated on 100x

please stop trying to meme this guy into losing his money

Do it

>>9471635
1%

>>9471517
Godspeed anon

>>9471651
1% up and I’m the richest man on /biz/

>>9471669
you were already the richest man on /biz when you acquired the 100k, fucking larping though

>>9471669
Livestream it faggot

>>9471685
Nah hardcore the banks

die

>>9471922
Jealous toasty roasty onions s.oy got detected

>>9471635
If this is not a larp then he deserves to lose his money for being so retarded.

>>9471603
Your horribly pajeet English is showing

>>9471997
I’ll be richer than you, Ranwankda

I’m scared that people seem to be responding like this is actually real

>>9471972
Still no proof.

Sage

>>9472080
I don’t have to prove anything to you faggot. I don’t need you guys coming after me once I’m rich

>>9472159
sage

>>9472159
we won't because you also won't prove it that you're reach faggot

>>9471669
You... I like you

>>9472203
You’re the poorfag got mad I’m made of balls

>>9472331
show us any sort of proof or gtfo

>>9471559
>Oh noes! He didn't use correct grammar on my Japanese basket weaveing fourm
Fuck off

>>9471600
He doesn't know lose from ur mom

>>9471669
1% down and you’s a deeead nigger

>>9471517
rip

>>9471517
Daily reminder

>>9472843
v2

>>9472843
My favorite part about this is that he thinks going up 45% will negate being down 45%.

>>9472914
Lel

I'm really too dumb to properly understand how to "short"
How can you sell what you don't have?
I mean can please somebody tell me step for step how I would short coin X on platform Y?

>>9472520
Top kek.

>>9473241

>>9473325
plsssssssssssss
LOL

>>9473241
You borrow coins, so if you short something at 10x leverage using 1,000 USD you are betting that the price will go down. Say if the price goes up 5% you lose half your money. If it goes up 10% or higher you get liquidated and lose all your money. However if it goes down 5% you get 50% percent profit and if it goes down 10% you double your profit. If it goes down 20% you 3x your money and so on.

>>9473382
Well how the fuck do you "borrow" coins?
Also binance and gdax don't support to use a lever in your transaction right?

>>9473444
Binance doesn't and GDAX used to but not anymore. You borrow them from either the exchange (like bitmex) or other users (polo used to do this, I think they still do) for interest.

>>9473511
Well then I understand it I guess, just never saw a possibility to "borrow".
Maybe for the better, gonna stay with binance/gdax.

>>9473382
so in OPs case if btc goes up 1% what happens

>>9473547
doubles his money, but if it goes down 1% he loses everything

>>9473542
Yea don't use use leverage unless you're a degenerate gambler (like OP) or a very experienced trader (you would never use 100x though).

>>9473590
I don't get how anyone even trusts bitmex to short or long. They probably manipulate the market to fuck their own customers positions since they see every one

>>9471517
look at the boom in 2013, what happened after? it dropped for ages before it mooned. do you think you will endure? do you think btc will actually make it? what if it just dies

>>9473574
so why not get 1% and then stop? ez 100k? Or am i missing something

What's stopping a guy just taking out a huge ass loan, then gambling it on Bitmex. Then if they win big they pay off the loan and if they lose they just declare bankruptcy?

>>9471635
Actually around 0.3 %.

Supposed to be 1% if you straight up go with the formula: Entry - (Entry/Leverage) for a long.

>>9471540

This. But OP wont deliver because he's not smart enough to make this call, nor does he have enough connections.

I'm in an investing group with friends and we sometimes manipulate alts, but never Bitcoin. You need big money for manipulating top 10 coins...on multiple exchanges. Very hard.

>>9473765
because it's just as easy to lose everything

>>9473766
Courts don’t really like gambling cases

>>9473766
liquidation.

>>9471517

>>9471517
I've never heard a worse plan ever on /biz/

Even the guy who got Biblically Barted on leverage at least couldn't have known what was about to happen.

BTC up 2% enjoy your riches op