Whale Here, AMA

how are you going to kill yourself when you lose 276 'xbt' being liquidated by a nigger?

>whale
>Using a literally who exchange

Pick one

He’s referring to a pajeet pump and dump IDEX shit coin. He’s also likely lying. Assuming we can’t break $6k, think we will visit $3k again, or heck even lower? What about if $6k is broken, will we see $3k at least?

Long term predictions? Thx buddy

I could lose everything on this account and still be 100% ok. Never keep money on an exchange that you're not okay with losing. You never know when Dr. Sheckelstein will buttfuck your positions.

Pls give 1 btc

It's the same as traditional finance only many more scams. In terms of trading bitcoin, I know for a fact there's a ton of dumb money still trading. There's millions in deposits everyday by people who have no business trading derivatives. Arguing that you can't trade successfully is usually made by people who haven't spent anytime learning a way to give themselves an edge.

BitMEX is the most liquid and highest volume exchange for Crypto. Small people like you don't need to worry about liquidity but for me it makes all the difference.

If we can't break $6k we'll most likely chop around the 3k-4k range for a while longer. I don't think seeing anything below 3k would be realistic short term. Certainly a retest of 4k or even 3800 is not unlikely imo.

lol FTM. show me your BTC wallet loser.

How did you get so many BTC to start? I'm trying to save up for 1 full one but it is taking forever. Obviously buy low sell high, but BTC at $5k now I feel like I'll never get 1 as a poorfag

Not using your fly by night shit exchange nigger fuck off

Send 420 BTC and post transaction otherwise fake and gay

How long will we crab? I'm thinking from now until late 2020 or early 2021, then bull in earnest.

Here's my wallet address for proof. It's true it's easy to inspect element and larp. Not a larper though.
3BMEXgRefY3f7CNwvW4exmVC61Nea37RR4

I've been trading bitcoin since late 2014, so I guess just getting in early and being a consistently profitable trader? Some altcoin gambles have paid off.

All depends how we interact with 6000 levels. That was the key low for 2018 and when that broke we got JUST'd pretty hard. I'd imagine the opposite to happen if we break it to the upside.

I suppose we'll know the crabbing is over when the volatility returns.

what would you suggest I do with a small amount of BTC? go all in on some shitcoins and hope or keep buying btc weekly?

I suppose it depends what type of trader you are? If you're just looking to build up a crypto portfolio best idea is to DCA into bitcoin and pray. Looking to get rich quick from altcoins is almost always a surefire way to get poor quickly. If you're interested in trading start VERY small and go from there.

Thanks /b/ro, i'm more of a "buy and hold long term" kind of guy, hoping one of these alts in the top 100 really make it big.

binance btc address if ya feel like helping a poorfag out. i promise i won't go all in TSLA longs with it
18xbtWHeLS3HNKjnRnRvRmdF5p4sdjh4rf

dont beg.

how do we know its your wallet?

It could only be my account, BitMEX addresses and trading history's are account only. How else would I have both? lol

can't hurt to ask i guess

What's your position sizing relative to account value? Money management? Risk management?

>I've been trading bitcoin since late 2014
lmao any braindead faggot could’ve made as much money as you if they just bought and held since 2014

trading is a meme

oops sorry am drunk

Do me a solid and sign up under my ref link? Hehe pls

Why are you helping biz neets? What's in it for you?

Lol why don't you suck some dick for crypto instead faggot??? If you're gonna whore yourself out, go all the way.

I frequented biz prior to 2017 then it really went to shit. Always good to give back!

>Why are you helping biz neets? What's in it for you?
Hes not really helping, he's just here stroking his ego. He hasn't said anything profound or anything any idiot here doesn't already know. Basically if you develop a system trading that's profitable then rinse and repeat it on bitmex, that's it. It's not fuckin rocket science. Long support shirt resistance usuing leverage and you can almost always guarantee 10-50% gains per trade. That starts to add up quick when your account gets bigger. 100% a month, once a month starting with a thousand bucks is a million dollars after a year. 100% is a 10% gain using 10x leverage once a month? Can you do that? Most can't but the few that can, because it's not rocket science like I said, will be filthy rich.

I rarely use more than 2x leverage, due to the slippage incurred on positions larger than 5MM.

Trading is a way to multiply your gains. Why are you salty? If I had just held what I originally put it I would have much, much less. Just because you lose money trading doesn't mean everyone does.

Any traders or people on Twitter you recommend who posts pretty decent advice?

What’s the entire crypto market cap EOY 2020?

>mfw i can but have all my money tied up in link shit

im think im going to get out and start trading again. made more money doing that then holding thie peice of shit,

first mistake you retard

The total market cap is a shame. I'd say top 5 total more than $500B.

God punishes you when you take trades you ddin't conceive yourself.

Most twitter traders are pretty bad... avoid anybody with a paid group like the plague.

yeah do you think we touch untested level at top.of previous 2014/15 bullrun

1 what kind of trading do you like on mex (low tf scalp, swing, etc)

2 what do you think are some of the best things to look for in terms of entries

how does it feel trusting a centralized exchange with hundredthousands?
also, could you donate some btc to me? lost all trading shitcoins

also thoughts on big alts xrp, xlm trx, eth. do you shitcoin dabble at alland if so any advice for finding gems?

also whats indicators you like? any advice for someone studying trading?

He's more helpful than 99.99% of the shit here. Whenever people mention this or that trading strat, they always make it sound like 0% risk 100% reward, which is a really annoying brainlet tier brag.

are you doing everything solo, or you are in some sort of a group of other whales?

Is there a specific time frame you trade the most? What is your main strategy - is it buying crossovers, buying support breaks/selling resistance etc?

In terms of shitcoins on Binance, how do I know something is actually being accumulated and going to go on a 3x pump like RVN or BTT did?

do you fear for your life?

I doubt OP is interested in spoon feeding you knowledge instead of wisdom. Find what works for you.

>God punishes you when you take trades you ddin't conceive yourself.

Great quote and relates to most things in life.

I personally lost money trading initially. Mainly due to lack of experience and greed. Don't follow trading advice from professionals, if you do then you are gambling and not trading. Trading requires you to look at the market every second to really know what's going on, TA can be a foundation but it doesn't tell the whole story.

this is the dumbest shit I've read in a long time

>I personally lost money trading initially
lets be real, you still do

also when is asking another trader about their style getting spoonfed brainlet

keep looking at the market every second, maybe one day you will 'really know what's going on' !

TA is such a rabbit hole though. I follow some simple techniques but I'm always interested in what other people are into

I also only follow some simple techniques, then input them into my black box brain and output
1. where I think the price will go next
2. where I think the price will go after that.

If #1 is confirmed, I make the trade
if #2 is confirmed, I keep the trade and work out where the price is going (repeat steps 1 and 2)
if #1 isn't realised, abandon trade
if #2 isn't realised, abandon trade.

So an example, I'm predicting a BTC drop by about 2.5-3% over the next few hours. The price might momentarily rise by about 0.6% before this drop happens. It is sometimes difficult to assume the time of when trades will happen, but my guess is that a momentary dump of a few percent is around the corner.

If I'm correct, maybe you could hedge some funds on my predictions ;)

>Doesn't know what Fantom is, confuses it with Factom

This is not a whale..

problem with OP like this is 95% of Margin traders get rekd Its gambling, its not sensible investing in alts. You can get so much gains from Alts why the fuck do you need to gamble like its a red or black on a roulette wheel.

Real Whales are built by compounding gains not Margin trading. The guys that buy ETH as 5 bucks and sell for 500 then move to fiat till the market cools off.

So the problem with Margin traders is portrayed by this thread. They can't fucking help themselves to boast on wins cause they are emotional gamblers. And 95% of Margin traders lose money and never show their face again. Its literally a mugs game. The house always wins and a tiny minority win and then assume they are Gordon Gecko of Crypto. And they often eventually get rekd in the end too.

> Whale

whale give advice on trading plz
how do you know when to short or when to long?

what sources do you rely on for market intel?
seems like there are a gazillion sites with every shade of opinion, but very few actual news
do you know about a centralized source for whitepapers and breakdown of different projects?

OP what do you think of Chainlink???????

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give i myself somthing pls see mail

Are you "no_god" or whatever that trader's username is on BitMEX?

Gib mony pl0x

Someone with 1m to trade isn't interested in some shitcoin that changed one letter of an existing project's name. You are putting money you can't afford to lose into shitcoins hoping to make 1btc meanwhile this guy has 270 that he can afford to lose. Never going to make it.

which alt did you get lucky on

Have u seen mr.robot?

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TRUMP will win because hes good at manipulating the simple minded followers who love to hear "MAKE AMERICA GREAT AGAIN" and think its so easy to change policies.

Biden

Is it possible to lose more than you invest when trading

that might sound stupid but it is something I considered

The only simpleminded are the fools who believe everything the mainsteram media say and literally tell you to think about the "news"....it's all fabricated one sided bullshit..
also go back to fucking plebbit, this site is not for SJWs

Not true, I bought in 2013 at 500-1000/btc, just holding that is not even 100k profit, OP has a better entry than me, but still, he would not have close to 1.5MM without a really big initial investment

>my quints
you son of a bitch

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kek

how does it feel to accumulate coins that you can't cash out? All gains on bitmex adds selling pressure if you want to realize your gains in usd.

Can anyone of you explain cashout process on bitmex?
As far as i get it bitmex is exactly like forex broker. So he needs more losers than winners to keep it going.
Do you get btc (cashing out 1 or 1000 btc) instantly on your btc wallet or are there shenanigans?

for example if you go long and you miss, the shorter on the otherside wins , not bitmex, bitmex profit is interest rates

MEX has coldwallets, they do withdrawls once every 24h in batch, very secure and never had problems withdrawing

pls can you help me with some btc. i have been trading but i have so little capital that i barely makr it even after trade commissions. 1G3PnNrmRVBeBDDt9zD6wgHTdtUzjdgheL

Hi, what graphic indicators do you think are best for trading BTC in 1hour scale ?
MACD, RSI, Bollinger bands, fibonacci retracement ?

you're such a pathetic pajeet

First everyone saw Biden creep videos and now the NPC TV is all up in sexual assault accusation. Biden is finished.

>Interest rates
Funding fees must just be a small fraction of what they earn on taker fees.

Mex doesn't make any money on funding. All the money they make are take fees (from market orders)

What's your net worth now?
What was your net worth 3 years ago?

Are they open source? They could possibly manipulate the funding rate for profit.

i am not a pajeet. Just another trader trying to git gud and make it in this crypto world.

wtf are you talking about, mex is p2p, funding is paid from longs to shorts directly, and vice versa...
mex is not taking any funding (unless you are implying they utilize their trading desk in some sort of funding scheme which is equally retarded)

you're a degenerate retard

I'm going to vote for him for laughs.

Nice job flood

If you use 1BTC on a long trade and it goes up 5% with 100x leverage. How much have you earned?

what do you mean 'if you use 1btc', as in your position size is equivalent to 1btc? if so its simple fuckin equiation of entry price x 1.05...

leverage used doesn't matter in term of gains, your entry price and position size determine how much you win or lose

What is your current position? Long or short? Is TA a meme? I mean let's be serious, this is crypto. Do you invest in alts, if so what alts do you prefer? I like KMD, RLC, ADA

have you claimed and dumped all your forks?

Favourite indicators boss?

I use macd, rsi and bollinger bands

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