All in baby! Let the bull run begin!

Rooting for u OP

Gotta take profits and set a stop in profit.

Someone sure is ready to get rich tonight

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kek

Bumping you for coins

will we really be in the clear after tonight

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If we break $6,500 I'll send free welfare coins to people that post their addresses...after the price breaks of course.

hi im poor student if u gib me u will get qt gf in the afterlife 1E7Yjt8gjwFXv6Zer667JFgC8JZFnJ5Rjp

can someone explain x50 leverage to a newbie?

Buy 1 bitcoin
Borrow 49

bought 50 bitcoins.
Price went up 10%
50BTC @ 6000$ + 10% = 6600$
50x600$ = 30000$ = 4.54 BTC

Sell position at 6600
total position now worth 54.54 BTC
Give 49BTC back to broker
Keep the profit.

1LK9X8TrWyd5dAuJMacai52UL9yFiiEDTw
it's happening

if the price drops 2% you lose all your money. If it goes up 2% you just doubled it. Anything over 10x is gambling for the thrill and is rekted territory.

>t. Tiny dick mathlet and logiclet

Are you able to change your margin while your order is active? for example if you have it on 50x margin and you see you're getting close to getting liquidated, are you able to change it down to 10x?

Yes but it will de leverage and take enough balance to actually cover the position with the new leverage

only if you have enough balance to cover it. If you short with entire account, and your want to move leverage down but you are already underwater, you can't. you can increase it though to free up balance.

Can you explain to a complete brainlet how you leverage and what you're doing here? T. Guy with lots of crypto but outside of basic trades and wallets can't figure out shit.

How do you borrow them? Where allows this? How plz draw diagram

Any exchanges tht offer margin accounts.

Bitmex being most popular

Did you /makeit/ yet user?

Price hasn't even moved.
Still need to hit my first target to take profits.

pictures of the titanic. Picture of the people swimming in the water. Think about how cold the water is, and how long the people have to swim. Some of them go under.
That’s margin trading.

Put an SL in profit.

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3GJzMchTjUv1QDtprdYb2M5DzPh8dW9Pbd
Good luck user

You will make it mate.
Here is my address 1vDuackdQMbPzJS8BAkjT99wAKnW1uDKC
Good luck

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>too lazy to m ake vpn in america to access and fuck with bitmex

>mfw when i cant even enjoy my cookies

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ples senpai 1NDSgwPSGU5Ny1TaX3G6ekAJSyw74uCUTj

Be careful publicizing your liq price. Whales browse biz. Easy to get stop hunted. I'm rooting for you

larp

Good luck buddy. Odd to see no faggots in here wishing your demise. Fuck em

Deutsche bank, got it

I am a back end programmer for the new Bakkt exchange launching soon. I overheard one of our managers gearing up for a lack of interest when it goes live. They said that for many it's easy to buy OTC at a 10% discount when it occurs a lot of time through the likes of Otcbtc and is a easy and trustworthy process.

So anyways, yeah. There's going to be a lack interest that starts selling short and it will slowly decrease. Basically everyone is waiting to see who goes first before other funds and companies start dumping.

And oh yeah, Kelly sucked me off after work one day. Anyways, ooooo shit boys I might lose my job...

Anybody else see that green?

$6500 here we come!

Please send btc here 14RFaEXoYT5DHFSggJh3Er4XSpVzXNmK5W

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Cheers user
1MRWr4Z9ipzsqRv2UmVgaQCsb9nNQfmENX

Probably not larp. You only need 5000 dollars to do 250k contracts at 50x leverage. OP isn't quite as heroic as people are making out though I wish him luck all the same.

Guys it's easy....

Say you think bitcoin is going to go up.

You borrow bitcoin at the current price and promise to give it back.
Say you're a maniac like OP. He buys bitcoin at 50x of what he puts in.
1 bitcoin in , now becomes 50 bitcoin
You don't actually own this bitcoin, you're borrowing it.
If the price goes up, you sell the bitcoin at a profit and you give back what you borrowed.
If it goes down, against what you bet would happen, you now owe the exchange the losses. The collateral is your 1 bitcoin.

You can also bitcoin going down. So you just reverse. You borrow bitcoin and sell straight away. Price goes down you make profit as you can buy back cheaper and repay. If it goes up you owe money.

Ez. I'm drunk but I tried.

1H7rSgXFUvhiNiQUij8HtXkKNdfpSusB9r

Thanks user, I'm still so justed

Praying for you, user. Be careful
34Djf63rj23mLgzWuYGzg6RSjXBMAmCbN5

godspeed user, BTC welfare here:

1ABKnFwZoLqUkwQ2hh1MuD23SEqPedwrgB

Shudve shorted instead

15jZZvvduiftm9Po1FcWBuowMvAeBnC64D
Godspeed fren

>people seriously posting their wallet
never change biz

Oh I really hope you get liquidated now you fucking worm

1F75usPuR2mpqArT7JjKuU5R5WrKrVUgu6

You'll make it bro Audrey and I believe in you (and also Shelly).

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