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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 809 KB, 1290x803, BTC to Zero.png [View same] [iqdb] [saucenao] [google]
25845859 No.25845859 [Reply] [Original]

I GET LIQUIDATED AT 34,000!
GO BACK DOWN! GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!GO BACK DOWN!

>> No.25845899

>>25845859
>> he didn't know about the double top.
how new are you to parabolic moves? we first pump back to 37k and then the real dump to 24k happens.

>> No.25845923

>>25845859
is that you bobo? Why you have to be like this, why don't you just long with us? :(

>> No.25845973

>>25845899
cope

>> No.25846012

go hang yourself, you deserve this.

>> No.25846042

>>25835492
this you?

>> No.25846050

>>25845859
We didn't reach 34k yet

>> No.25846119

>>25845859
This is LARP to create FOMO, but because it's so blatant it's actually a FUD falseflag.
Just sold half my stack because of this post.
Prepare for a 30% dip tonight.

>> No.25846155

>>25845859
>imagine being this fucking retard

>> No.25846163

>>25845859
ZERO, i know the guy!

>> No.25846209
File: 9 KB, 219x231, 1604343207682.png [View same] [iqdb] [saucenao] [google]
25846209

HAHAHA SHORTING IN A BULL MARKET LMAO

>> No.25846218

>>25846042
Please tell me this is you

>> No.25846228

>>25845899
2bh if it goes back to 37k and then immediately starts to dip im going going to exit 50% right then and there. Fuck these god damn selloffs.

>> No.25846240

>>25846119
i'm not selling but this

>> No.25846247

>>25846042
>>25846012
>>25846218
It's him.

>> No.25846325

dam poor american tards always cash out at this time. Pump usually happen about six hours from now
Don’t believe this fucking tards who tell that xrp will rise again, shit
Just follow me and my pool on poolz. Use your brains and get profit with nft

>> No.25846438

WTF NIGGERS WE DIDN'T HIT 34K YET WHAT ARE YOU ON ABOUT

>> No.25846439

>>25846042
it's me

>> No.25846480

>>25845859
it will go to 34,000.01 before crashing back to 22k.
sorry anon.

>> No.25846484

>>25845859
Get liquidated brown id nigger
Get liquidated

>> No.25846595
File: 34 KB, 377x282, SmartSelect_20210111-221031_Binance.jpg [View same] [iqdb] [saucenao] [google]
25846595

>>25845859
You fool

>> No.25846727

Rip your money mate.

>> No.25846744

>>25845859
o_o

>> No.25846745
File: 8 KB, 179x282, images.jpg [View same] [iqdb] [saucenao] [google]
25846745

>>25845859
HAHAHAHAHAHAHAHAHAHHAHAHAHAH

>> No.25846783

>>25845859
bobo are you okay?

>> No.25846800

NOOOOOOOOOOOOO FREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN

>> No.25846828

>>25845859
OP IS KILL OMG
I think in the last thread he said he put $10K into this trade and did x10

>> No.25846837

>>25845859
UH OH

>> No.25846852
File: 87 KB, 868x307, Capture.png [View same] [iqdb] [saucenao] [google]
25846852

>>25845859
Is this you?

>> No.25846854
File: 24 KB, 891x597, 1610018663578.jpg [View same] [iqdb] [saucenao] [google]
25846854

Say cheese!

>> No.25846865
File: 10 KB, 227x222, 1543867274402.jpg [View same] [iqdb] [saucenao] [google]
25846865

>>25845859
Congratulations on making it to 0!

>> No.25846871

i think he ded

>> No.25846880

Did it hit 34??? cant tell, so close

>> No.25846889

>>25845859
Get fucked bobo faggots.
All you bobo faggots will stay poor forever.

>> No.25846893
File: 379 KB, 1111x597, 1471497241192.jpg [View same] [iqdb] [saucenao] [google]
25846893

BOBO ARE YOU OKAY?

ARE YOU OKAY BOBO???

AHAHAHAHAHA YOU FUCKING OVERGROWN WEASEL

>> No.25846924

>>25846880
33930

>> No.25846929

It be like that sometimes.
I, for instance, lost 4 LINK.

>> No.25846945
File: 202 KB, 1000x1199, saychese.jpg [View same] [iqdb] [saucenao] [google]
25846945

witnessed

>> No.25846950

It did not hit wtf!

>> No.25846954

>>25846042
>>25846852
THAT'S ME

I ALMOST LOST EVERYTHING BUT IT'S DUMPING BACK DOWN

I ALSO ADDED TO MY SHORT BUT NOT SAYING THE NEXT LIQ PRICE

>> No.25846988
File: 109 KB, 205x260, 1587446395489.gif [View same] [iqdb] [saucenao] [google]
25846988

>>25845859
$33885.00..

>> No.25847006

>>25845859
just add more money to your position dude. don't let a dead cat bounce liquidate you.

>> No.25847032

SO CLOSE

>> No.25847036

Post pic of short pls I need to see this

>> No.25847055
File: 2 KB, 103x25, Screen Shot 2021-01-11 at 1.20.27 PM.png [View same] [iqdb] [saucenao] [google]
25847055

OH NO NO NO

>> No.25847062

RIP

>> No.25847067

>>25846954
its ogre

>> No.25847071

F

>> No.25847072

rip bobo

>> No.25847074
File: 20 KB, 410x598, rope department.jpg [View same] [iqdb] [saucenao] [google]
25847074

ding ding ding

>> No.25847075
File: 290 KB, 674x377, Screenshot_45.png [View same] [iqdb] [saucenao] [google]
25847075

>>25846042
Can anyone tell me how do I learn this biz jargon? I've been lurking, but I still understand fuck all, do I need like a phd in economics or some shit?

>> No.25847080

Ok, we clearly in the 34's now. rip

>> No.25847083
File: 10 KB, 240x74, itstime.png [View same] [iqdb] [saucenao] [google]
25847083

>> No.25847084

>>25845859
Rip

>> No.25847086

>>25847055
It's done. It's over. OP is done for.

>> No.25847091
File: 26 KB, 332x1024, 1595800066716.jpg [View same] [iqdb] [saucenao] [google]
25847091

F

GONE AND VERY SOON FORGOTTEN

IMAGINE SHORTING A BULL MARKET

KEK

>> No.25847092
File: 89 KB, 556x337, 6753F1D9-1F62-412B-BEE8-18D21C626F74_4_5005_c.jpg [View same] [iqdb] [saucenao] [google]
25847092

LIQUIDATED

>> No.25847094

Its over... Its mooning again

>> No.25847095

F

>> No.25847096

FUCK STOIP PUMPING FUCK OFF

>> No.25847109
File: 1.06 MB, 956x965, 1608127211787.jpg [View same] [iqdb] [saucenao] [google]
25847109

>> No.25847117

IM BUYING LIKE A MOTHERFUCKER TODAY

IM LIKE 19K IN AND IM GONNA DROP ANOTHER 10

>> No.25847120

I hope many more bobos were killed and not just only OP.

>> No.25847123

>>25847075
lurk moar

>> No.25847127
File: 93 KB, 1080x1080, ludess.jpg [View same] [iqdb] [saucenao] [google]
25847127

RIP OP

>> No.25847130

Im sorry for ur retarded loss OP

>> No.25847149

>>25846954
guys it's not ogre are you blind

>> No.25847159
File: 38 KB, 506x414, 1609375647561.jpg [View same] [iqdb] [saucenao] [google]
25847159

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.25847163

L I Q U I D A T E D

>> No.25847170
File: 238 KB, 1366x661, Screen Shot 2021-01-11 at 4.22.13 PM.png [View same] [iqdb] [saucenao] [google]
25847170

>>25846954
A-Anon I.....

>> No.25847172
File: 1.23 MB, 912x905, 1493512684677.png [View same] [iqdb] [saucenao] [google]
25847172

bye bye bobo, you obese ferret

>> No.25847185

>>25846209
based kurohige poster

>> No.25847186

OUCH!

>> No.25847195

Just so you know I showed my retarded gf this thread so she can get off my back about it "being time to sell". get fucked bobos

>> No.25847202

>>25845899
fpbp

>> No.25847215

Shorting the bottom in standard biz fashion

>> No.25847224

Share your thoughts with us OP

>> No.25847226
File: 22 KB, 920x168, abc.jpg [View same] [iqdb] [saucenao] [google]
25847226

FUCK IT NEW LIQ PRICE 35250 IF IT HITS I AM FUCKING DONE

>> No.25847228

>>25846852
AAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.25847234
File: 10 KB, 226x223, 51E7008B-E6C7-4E9A-A768-C4D48ACBA6E8.jpg [View same] [iqdb] [saucenao] [google]
25847234

You beautiful retard lmao

>> No.25847254
File: 142 KB, 576x768, bog transmission.jpg [View same] [iqdb] [saucenao] [google]
25847254

F

>> No.25847262

>>25847226
No proofs again? Show pics

>> No.25847263

>>25847226
i'm sorry, bobo
the correction is over

>> No.25847271

Newfag question, please no kill me. What will happen to my "Entry Price" if i add to my long position?

>> No.25847272
File: 72 KB, 1259x503, boboisrip.jpg [View same] [iqdb] [saucenao] [google]
25847272

>>25845859

Bobo es RIP

>> No.25847287

>>25847075
Investopedia and lurk more now fuck off

>> No.25847288

>>25847226
I’ll give it another 10 minutes

>> No.25847322

>>25847271
just use a weighted average desu

>> No.25847328

>>25845859

looking at op's pic it's just sad to think we're not rich when normalfags are so retarded

>> No.25847354

>>25846954
Post position you fucking larper

>> No.25847373
File: 467 KB, 960x960, 1534331995115.jpg [View same] [iqdb] [saucenao] [google]
25847373

I'm financially ruined

>> No.25847391

where is the germanfag from dubai, its pumping hard

>> No.25847401

>>25847328
>we
you’re alone in this one

>> No.25847405

>>25847391
am sleep

>> No.25847438

>>25847373
based

>> No.25847460

>>25847075
OP basically used an exchange to place a bet that Bitcoin would go down in value over a certain period of time. If Bitcoin goes up and reaches 34k (his admitted position), he gets liquidated. Since he was shorting (betting that it will go down) with 35x leverage, he will lose 35 cents for every 1 cent Bitcoin increases.

It's a high stakes gamble, OP got rekt. Don't gamble. Also, if you're interested in the specific economics behind this, just look up an explanation of margin trading. It's similar to buying options.

>> No.25847538

>>25847460
Does knowing TA helps with futures or trading in general, anon?

>> No.25847567

>>25847075
> I just shorted
You make money when the price goes down, opposite of a long, where you make money when the price goes up.

>at 30750
He entered the short position at $30750 per BTC (Bitcoin)

>with X10 Leverage
Think of it as a loan, where you get 10 times your money to trade with. So if you make gains (profit) on this trade, you get 10 times the money you would have after you pay back the amount you borrowed. But if you fuck up, you owe 10 times more.

>target: 25k
The price he's trying to exit at. The difference between the buy-in price and the exit price times the amount of the asset you bought is the gross margin of the trade. ([buy in - exit] x asset amount)

>liq price: 34k
If the price comes above this amount, he owes all the amount he bought in for and the broker closes the position.

>> No.25847573

>>25847538
go with your heart

>> No.25847586
File: 86 KB, 268x309, 1609049715159.png [View same] [iqdb] [saucenao] [google]
25847586

>>25845859

>> No.25847605

>>25847538
No.

>> No.25847613

ohnononono

>> No.25847621

>>25847573
I was doing it on binance testnet for 3 days and was in positive. I decided it's time and got 1k at real deal futures. first trade - bitcoin started to crash after i put my position. My 1k got liquidated. So i want to learn a little bit so that does not happen maybe in the future..

>> No.25847697

>>25847538
Not really, depends on the sector. If you combine news with general candlestick knowledge in forex you can make a quick buck, but crypto is too volatile for that. As far as the stock market goes, you're never going to beat the swarms of AI and trading bots that exist, even if you somehow get access to a Bloomberg terminal. Plus, the funniest thing about trend analysis is that if everyone followed it by the book, it wouldn't work. At the end of the day it comes down to some combo of insider knowledge, opinion, and luck. Generally the latter two.

Tldr; what the other anons said

>> No.25847719
File: 347 KB, 419x419, b_call.png [View same] [iqdb] [saucenao] [google]
25847719

>>25847621
>he's trading for real?

>> No.25847720
File: 482 KB, 450x265, 1584435302940.gif [View same] [iqdb] [saucenao] [google]
25847720

bobo, im rooting for you. personally im not retarded enough to short a bull run but you go girl

>> No.25847733

>op got scam-wick'd
I'm sorry, bearbro. Exchanges love fucking honest people like us.

>> No.25847742

You did it, OP, you absolute madman. We're under 34k again.

>> No.25847794

>>25847621
Making money in bull market doesn't validate your strategy, because a buy a hodl strat would have worked to. Your strategy is good when you make money in a bear market.

Also, there is no perfect strategy in trade besides market manipulation (the investment bank method). I won't go in-depth on how it works or how to do it on a smaller scale but you didn't hear that from me kid.

>> No.25847810

I got puts the other way so its me or you>>25845859

>> No.25848007

>>25847719
fucking kek

>> No.25848088
File: 19 KB, 112x112, 1605292553135.gif [View same] [iqdb] [saucenao] [google]
25848088

>>25847719
>>25848007
keked a little bit

>> No.25848143

Why did I panic sell my MARA calls this morning? Fucking bears finally FUDed me and I ate shit.

>> No.25848154
File: 27 KB, 583x616, c1hU1Rj.jpg [View same] [iqdb] [saucenao] [google]
25848154

>>25848088
>keked a little bit
>lost 1k

I always will say keep trading because people like this are who buy my bags.

>> No.25848164

>>25847621
I feel like this guy singlehandedly ruined our bullrun.

>> No.25848302

>>25848154
Dude i'm not saying i'm okay losing 1k. It's fuckin sux. But bog joke was funny atleast. My soul is partly pink wojak right now.

>> No.25848354
File: 33 KB, 657x527, 1606167463640.jpg [View same] [iqdb] [saucenao] [google]
25848354

>>25848164

>> No.25848399

>>25848164
no, it was that MUH EFFIRIUMS nog rapper

>> No.25848413

>>25845899
Checked and correct

>> No.25848504
File: 26 KB, 446x380, ppee.jpg [View same] [iqdb] [saucenao] [google]
25848504

>>25845899
is this real?

>> No.25848507

>>25848143
because you are unironically in a bulltrap

>> No.25848564
File: 282 KB, 388x355, 1609979920143.png [View same] [iqdb] [saucenao] [google]
25848564

>>25847215

>> No.25848616

>>25847159
Kek, that one goes to the Bobo folder

>> No.25848664

Thanks for this thread OP made me feel better on a tough day

>> No.25849008
File: 41 KB, 581x581, 1584710194261.jpg [View same] [iqdb] [saucenao] [google]
25849008

>its going up again

>> No.25849304

>>25847075
Efferiums

>> No.25850307

all good bobos?

>> No.25851351
File: 152 KB, 488x610, 1610238232208.jpg [View same] [iqdb] [saucenao] [google]
25851351

>>25845859
Ohnononooooooo

Posting in ebin bread.

>> No.25851369

>>25847538
TA is for the most part, a meme.

>> No.25851541

did he kms? its almost 35k

>> No.25851694
File: 17 KB, 596x643, 1509975873199.png [View same] [iqdb] [saucenao] [google]
25851694

>>25847226
>just hit 35250
kiked kek

>> No.25851826

>>25845859
Are you okay?

>> No.25851900

gj anon we told you at least could have put a fucking stop loss you retard (if not larp)

>> No.25851965
File: 426 KB, 931x682, 1585977653407.gif [View same] [iqdb] [saucenao] [google]
25851965

>>25851900
>stop loss
go buy some 100 year bonds you boomer faggot

>> No.25852135

>>25847226
Still there dude?

>> No.25852169

Looks like BTC is above 34k, is this bad for OP?

>> No.25852368

OP post your loses right now.

>> No.25852463
File: 26 KB, 474x331, 1235124551234.jpg [View same] [iqdb] [saucenao] [google]
25852463

i shorted x10 . im not doing that again. isolated but jesus i dont fuck with btc.

>> No.25852473

>>25845859
Can you please answer so we know you are alright?

>> No.25852585
File: 20 KB, 509x423, 1597962473724.png [View same] [iqdb] [saucenao] [google]
25852585

>>25845859
Do you learn your lesson bobos?

>> No.25852701
File: 81 KB, 600x800, 1604654702648.jpg [View same] [iqdb] [saucenao] [google]
25852701

I think he fucking killed himself

>> No.25852765

I-I...It's.. .. Gon...e....

>> No.25852820
File: 34 KB, 742x344, boboCryTime2.jpg [View same] [iqdb] [saucenao] [google]
25852820

Is this you?

>> No.25853041
File: 119 KB, 375x502, 1520947097.png [View same] [iqdb] [saucenao] [google]
25853041

>> No.25853078

I would just like to say that early this morning I said we had hit the bottom and would end at $35,600 today, which it is now at, 6 pm central time.
I forgot what thread it was in or I'd post it.

>> No.25853092

>>25851965
get wiped cuck

>> No.25853130

>>25852820
Ouch!

>> No.25853183

>>25853078
Here, guess I said $35,400.
>>25837543

>> No.25853219

>>25853183
you did good anon

>> No.25853221

>>25853183
Well, good job anon.
Where to now?

>> No.25853223
File: 66 KB, 822x875, what_double_top.png [View same] [iqdb] [saucenao] [google]
25853223

>>25845899
what double top?
on the 4h?
you call that a double top?

>> No.25853723

>>25847567
Great simple explanations. Appreciated.

Can you state what his profit would have been if all worked out for him?

So when he gets liquidated he is only losing the amount he bet. His account literally isn't emptied beyond the gambled amount right? So you put 1k on your funds on such a bet the remaining coins or fiat in your account is unaffected right?

If someone hit some good correct bets in a series they could just really gain huge profits it would appear. How often does that happen you guess?

>> No.25853743

>>25845899
We are gonna pump to 300k, then dump to 10k. You will all be so upset.

>> No.25853876

>>25845859
Fuck you bobo. Go hang yourself. You deserve to get liquidated.

>> No.25853877

OP is rekt
Continue ze dump

>> No.25853973
File: 177 KB, 358x200, 453442343.png [View same] [iqdb] [saucenao] [google]
25853973

>>25853876
>Fuck you bobo. Go hang yourself. You deserve to get liquidated.

>> No.25854666

>>25845899
checked. I hope so

>> No.25854714

>>25845859
single handedly pumped it back to 35k
good job OP, hope the laughs were worth it

>> No.25854790
File: 106 KB, 1371x789, wheretonow.png [View same] [iqdb] [saucenao] [google]
25854790

>>25853221
This might look dumb to a pro but I made this hours ago, where it says 1900 hours at the bottom of that fat red candle, and so far it's doing exactly what I predicted.

>> No.25854977

>>25854790
The blue line at the top is 20 week moving average and the green line at the bottom is 200 week MA. If you can tolerate a bit more volatility then use those to determine your course of action. Buy in now if you haven't, and If it goes above the blue and bounces off it, then you should be good to hodl.
The green line towards the bottom is 200 week MA. If it goes below that and and bounces off it downwards then sell for now.

I'm guessing we're going to crab in these ranges for a while, while people make up their mind how they feel about the Tether situation.

>> No.25854978
File: 79 KB, 249x249, 1609965631893.png [View same] [iqdb] [saucenao] [google]
25854978

>>25854790
>price will go either up or down, or it might crab for a while
Great minds think alike, it seems.

>> No.25855054

>>25854977
Ah, thanks for the explanation, that's actually quite helpful.
Best of luck, I think I'll just go to sleep and hope the chinks don't crash it below the range crabs can tolerate.

>> No.25855126

>>25854978
Yeah pretty much. I expect crabbing for a while, but if it goes below 200 week MA that is bad and if it goes above 20 week MA and uses it as support that is good. It's just bouncing around in no man's land right now so you have to see what it will do.

>> No.25855215
File: 19 KB, 1319x125, 1516125798934.png [View same] [iqdb] [saucenao] [google]
25855215

>>25855126
Do you think crabbing will lead to alt season? Usually I'd expect it to, but now with the 15th looming ahead of us I don't know

>> No.25855420

>>25855215
No, these ups, downs and crabbing are secondary trends to the main bull trend. I think the bull run will continue to late summer. There are always ups and downs on the way.
Then maybe we get a legit alt season.

>> No.25855757

>>25845859
ZOOOOOOOOOOOOOMING

ZOOOOOOOMERRRRRRRRRR

>> No.25856096

>>25847226
XDDDDDDDDDDDDDDDDDDDDDD

>> No.25856721
File: 70 KB, 634x703, norfbull.jpg [View same] [iqdb] [saucenao] [google]
25856721

>>25845859
>'ate bobos
>'ate shorts
>'ate goldbugs
>'ate jannies
Love support, bullruns, green IDs