HERE IT COMES

HERE IT COMES

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Go long on btc

Still haven't closed my long at 6892 that I opened weeks ago with .4 btc at 20x

I feel like i've made it though. That was the big move.

how does it work? do you just keep getting more money if it keep going up? how much money would you get if you closed now?

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When you go long/short, you have a liquidation price, and when you use leverage the liquidation price is more restrictive based on how much you use.
So 20x made my liquidation price like 2% below the order price, and since we're long past the liquidation price, I can just keep racking up % gain on the 20k, so yeah unless i close it and collect my profit i can continue to use leverage (and pay for it) forever.

nice larp

good job fucking gambler

holy fuck

here we go boys

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Up up down down left right left right b a select start ..... Infinity dollaroos

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Lol it's gambling how tf is that a larp.
here's another 'larp'. In february I went to vegas and at the bellagion bet $11000 going all in with a straight, and was beaten by a str8 flush.
1/30k odds, lol it's the exact same as opening a short/long

which exchange are you using?

2nd try. LET'S FUCKING DO THIS

9960 on finex and it's coming with momentum
would be such a joke if it didn't break out now

SHOW ME THE MONEY

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COME ON YOU PIECE OF SHIT

What momentum! There isn't any!

yes, thats your sell signal.

The 1 Minute stoch RSI is oversold. We won't be breaking $10k until that resets.

just put a 100x long with all my crypto

see you in valhalla brothers

poop it

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very well mister kanye, drop incoming

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Whats your liquidation price?

Welp, that's the sign

We're going to $100.01

9681

Don't you have to pay more if you held it longer?

He sold?
>Scoop it

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Honestly I think you'll be fine. I don't expect it to dump below 9700 before taking off but who knows.

Was market at like 9700 when you longed? You using bitmex?

put it in at 9740, so im at a small profit right now. if we go to 10k it will moon hard

Can you justify what you did? What makes you think 9700 is the new support?

been watching volume/patterns for past few days. i believe we will test 10k again and it may approve it. if it rejects i will sell immediately and have a small profit. if it goes past 10k we will see massive green dildos real quick. my risk is calculated. the way I see it, I can either make a minor profit/break even or make massive gains.

Cope harder

ma

It's not happening tonight.

i always say 100x is beyond stupid...but i honestly think you have a chance to make some serious gains user. i think its gonna smoke past 10k when it tests again. and if not, sell and take your profits. win win. nice job.

again though, bitmex? or what? i want to get into leveraging like 10x but i'm in usa

you from usa? bitmex?

YOU FUCKER
YOU JINXED IT

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lol we didn't even got close to 10k and it started dumping

no need to worry.

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bitmex yeah. learn the interface first and dont risk anything youre not willing to lose.

I was playing carribean stud at the casino last month and had A K Q J and 9 all spades, missed out on 500k in the worst way possible

can you do a breakdown on the math on that?

so you put up 2,756.80 at 20x

which is effectively 55,136

so if btc hit 6836 you would've been fucked. right?

so what are you making every 100 that btc goes up? is what i'm having trouble with lol too many IPAs tonight

How much would you make if you cashed out? I know nothing about margin trading

BUY THE DIP FAGGOTS

that's like the best way possible

Is margin trading just a multiplier on your gains/loses?

How I'd imagine it working is that normally if I had $1000 and place it on ETH (let's assume back when it's value was $1000 for easy math). If the price of ETH fell to $900, I lost $100, if it rose to $1100, I made $100. Simple.
If I was to leverage with x10, then it's like I'm playing with $100,000 but gets liquidated if I lose $1000, right? So if it fell to $900, I lose $1000, get liquidated and I'm out. if it rose to $1100, then I make $1000?

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