FUUUUUCK!!! I went nearly all in (90% of my portfolio) 25x long when BTC was 3600$ 1 Week ago and just got liquidated. I fucking lost nearly all my savings, everything I earned by wagecucking over all the years I put in crypto and now its FUCKING GONE. What should I do now? Im concidering to go all in 50x with whats left over, if its successfull I could cover my losses. One last margin trade, I promise I will never do this shit again and just hold for 10 years
I FUCKING LOST NEARLY EVERYTHING
why would anyone buy bitcoin? like is there a single reason? no wonder volume is so dead, who wants this besides incel basement speculators. lol
I BOUGHT AT 3.5K YOU TOLD ME IT WAS THE BOTTOM BIZ
Live by the shitcoin die by the shitcoin.
Incidentally, this is why I've instinctively avoided any form of gambling (which is what you're all doing), because I know is hit it big on my first try; then, I'd spend the rest of my life in poverty chasing after that first win.
if it's your very last trade, why not save it for a good opportunity?
because that would be smart
I call bullshit. Because you cant just get liquidated now. If you were to be liquidated, you'd be liquidated when btc was 3420 around 29th jan. Today its 3503.
Explain yourself you larping cunt
>risking 90% of your portfolio on a risky 25x leverage in a super volatile market
Please be larp
Can't even fathom using 25x leverage.
It's simple math, cunt. With 25x leverage it only takes a price movement of 4% against you to get liquidated.
3600 - 144usd = 3456
Price on bitmex = 3400 usd
what did you expect margin trading is gambling
iso lev above even 4x serves 2 purposes:
1. stop loss for smart traders
2. liquidation tool to take money from the weak to give to the strong
wat?
>3456
28. JAN IT HIT 3456!!!
THIS FUCKING LARPING FAGGOT SHOULD HAVE GOT LIQUIDATED 3 DAYS AGO IF HE BOUGHT A WEEK AGO!!
ON BITMEX!
FUCK OFF AND FUCKING LARPING OP SHIT
are u looking at futures
>25x long when BTC was 3600$ 1 Week ago
>and just got liquidated
AND
He probably approximated to 3600 or just improved his position.
And today is 3400 on bitmex, you stupid cock!
But leaving that aside, you have complete fuck-heads going 10-100x in exchanges where the owners trade and use all the trading data against their customers to liquidate the fuck out of them with every swing.
You deserve this shit, losers, because you want to get rich overnight instead of holding or investing in some good alternative blockchain projects
This.
I wish i would be larping but Im fucking not. Where are these TA fags now, tell me what will happen next..I just need this fucking money back god damn
TA fag here.
You can go short or long at this point. 50/50 chance of being right.
Hope this helps.
are you crypto daily?
can you please tell us the idiot who told you to long at 3.6?
you didnt even buy the bottom around that area a week ago. You literally fomo'ed in. Didnt you?
its ok OP just buy link with the other 10% u have left and u will make it !
That dude called leverage life and said it will go back to 4k or even 4.4k. He said the same thing twice afterwards, thats why I improved my position.
I know it was fucking stupid to margin trade with such a high amount of my portfolio but that dude said he is 100% sure and went long too. Im 50x long now, wish me luck..
>Im 50x long now, wish me luck..
I see you've yet to learn anything
well, at the very least when this ends you'll have a lesson learned
For your own sake, learn how to use stop limit orders to minimize losses when things don’t go your way.
God bless.
You do realize you can take both sides of a leveraged position, right?
>leverage
Not even once.
I think I’ve seen this before. This is pasta
But wouldnt be my losses the same as my profits if I do so?
Im optimistic with my long now, charts look stable
the charts are looking stable everyone!
No not at 25x leverage. You'll get stopped out of one side but the other side will probably do well. Buying both sides is called a "straddle".
This nigga finna get dabbed on
You didn't set a stop? What an idiot...
HIT OR MISS?
wow gordon gekko here everyone
using trading instruments without understanding them
thank you for helping arthur donate some lambos to africa
Dear literally tard,
Chink new year is incoming & you long!
Just Hodl you brainlet
What platform are you using to buy on?