Crypto is well and alive, the future is bright. $100k eoy, $10 trillion marketcap by 2020 its all going to be alright

Crypto is well and alive, the future is bright. $100k eoy, $10 trillion marketcap by 2020 its all going to be alright

Attached: 1519118548544.jpg (245x206, 9K)

>He said while rocking back and forth in a corner with tears pour from his bloodshot eyes.

Any predictions that involve me being a millionaire is inaccurate

same here whatever i touch it's going to shits.

Just opened Long position, 50x, entered @7500.
Will get liquidated @7400.

Am I dumb?

UHMMM.... it is actually 20-50 trillion marketcap by 2022

Depends why you did it really.

Hoping it will go up. Its ~400 USD, so I can afford to lose it, but still.

Is it that hard to just hold some decent shit and chill the fuck out?

Attached: 564128452899.jpg (834x737, 122K)

I also enjoy gambling. How much can you potentially make off of this $400 in a day?

Fuck the relatable

Well, if BTC goes to 7550, I make 33% profit.
7600 -> 65% profit (~0,027 BTC)
7700 -> 130% (~0,052 BTC)
8500 -> 588% (~0,24 BTC)

But if it goes down to 7400, I lose everything.

>Crypto
only Bitcoin is mean

Attached: LEVELS_i.png (992x527, 24K)

Attached: altcoin-price-history-by-year-250k.png (1740x1056, 54K)

I predict you both will miss gains exclusively from being emotional traders and setting yourselves up for failure at every turn while i become a millionaire, have a nice day

Attached: 1527677722557.jpg (1199x642, 47K)

can you explain what opening a long position is?
biz noob here

You need to have some BTC.
If you think that BTC is going up, you open a LONG position.
For example: If you have 0,1 BTC, and open a LONG position, choose your leverage x100, its like you have 10 BTC to bet.
BUT, if you entered @7500, and it drops to 7471, you are finished. Its VERY dangerous.

Same for SHORT, if you think its going down.

Go on BitMEX.

Just dont select too agressive leverage. Start with x25.
Becareful to not get BitMEX'd

I still believe OP

Attached: E573DE3E-DA76-46BA-B2B7-09573F94A561.jpg (800x591, 129K)

thanks for the answers, sounds like hard gambling, and with the market this volatile I won't risk that, at least not until I learn more about how likely it is to go up or down