hello can someone make a step by step guide how to use bitmex for a brainlet? i want to bet on a lower bitcoin price (shorting), bitcoin already went down from 20k to 6k
Bitmex guide
Camden Wood
Lucas Ward
What leverage should I use?
John Young
there are some tutorials on yt I think, how much you want to bet?
Justin Long
>shorting bullish trend
are you retard?
Ethan Smith
HOLY SHIT! I just checked the chart! BTC really did go from 20k to 6k!
Leo Price
i want to use 25 oder 50 leverage would it be to much? 10 better?
i transferred my 6 ETH to bitmex, and want to short with them, i cant find an easy tutorial for this youtube. as i understood i only use those ETH as security and cant really lose them right?
Jaxon Long
You're missing out on gains with a low leverage, right?
Eli Butler
>only use those ETH as security and cant really lose them right
yes thats right. If you want to short exchange the ETH to btc and sell them with 50x, thats shorting
Oliver Howard
Ok did it but not sure if it worked. whats meant by liquidation price, how much will I lose there? where can I take profit when bitcoin crashs?
Christian Lopez
I think you are liquidated by now, good job user.